Scalp, scalp, scalp

stop b/e

stopped b/e,only managed a 6 pip gain from this .again I had 30 + easy pips on offer.maybe I should have double coffee dose before I begin.

heres the chart showing the move back to 63 level.i was trying to capture some of this prior to the news which gave it reason.my intention was to trade the upper stall point during the anticipation period leading to the news,my mistake was to not take the 20 pips.i got caught in the drift.im watching lower stall point across market for next trade before new York news

testing my toes for a short at 16719 level,

stop at b/e .

closed 13 ,5 pips.turning back up.

im done till London open

lots of positive inflow for long

couldn't resist taking long from 16 level,

closing 18 ,covered the spread b/e.tired and trancing at candles that are in slow motion.beer time

I made 2 longs on cable,45 level and 52 level,my concern is the flat volume.

stop placement,still very flat .holding for moment

closed 53 level,+5 overall.i was looking for a swing between the averages prior to news from U S ,but so flat

lack of patience ,this is the exact move I was trying to capture ,especially prior to news ,between London and new York.price often gets taken from the converged points awaiting direction from the news ,lovely simple 20 pippers

long at 84 level above daily averaged

stop tight at 78,slow on the up beat at 16700

Hi,

I was looking for something related to Market Order Flow and Tape Read and found some of his comments on a post. Searching further, I found this its segment and their scalps and is actually quite interesting.

I wonder if you are doing operations based only on S / N and price action or uses the system Market Over Flow and Tape Read.

thank you
Luciano

Hi friend,
Can you explain how do you draw your cables please ?
Many thanks.
Cheers.

Hi lumiche.Im doing 2 things here which are key to my trading.the first relates to order flow.using averaged price levels and extensions from those averaged price levels i can determine were orders are building up.clustering.the short term interest converges to longer term interest.this information is aquired using past data.forcasting inherent behavour (human) allows me to see the futer converged interest .As mentioned this is historical information with futer posibilities and likely outcomes.but DOES not have any certain bias of up or down.the next ticks will be determined by the unknown variables (unfolding events)although these in themselves have a certain amount of predictability in the sense that most are a result of our past actions,although this is another topic.So at this point i have a collection of usefull information.i have levels above present price and below present price.all i need now is to zoom into the now moment for bias as to which of the converged points price will be taken too.this leads to the second key point which uses order flow .i use a collection of crosses to determine what the market is doing now.in a sense im averaging the probabilities .i can see stalling points across the market and flows of money entering into certain currencies .this is what i use for entry and bias.

Hi.for the moment .take the monthly candle last month.daily.yesterdays.weekly last weeks.4 hour.1 hour.15 minutes .all last closed candle.take the hi low open and ckose price and take the average of each.draw those lines on your chart.play with these and continue to recalculate any lower time frame lead candles.well go from ther if you still have interest in my ways.

Hello Diceman555.

Thanks for your replies.

As I understand it, you use it at certain times and wait for the market to make a decision if it goes up or down, and this is based on a past where the price just hit somewhere and came back, passed or stood.

Apparently this part I understand, what really is the key point is how you operate to make between the right direction with the flow of orders.

Sorry my english is not my native language.

Many thanks for explainations diceman !
So you should have only 6 lines (mean Monthly, Weekly, Daily, H4, H1, M15) but take a look at your chart long term you have 12 lines.
What are they ?
Thanks again and wish you a good week end.
Cheers.