HAI TO ALL,
This is my new thread as requested by my friends, this thread will be contributing to purely scalping, and this thread is dedicated to motogp legend VALENTINO ROSSI. i am huge fan of him. but as mentioned in other thread this is temporary name, as soon the name choosen by our friends i will rename it.
IDEA:-
in this method we are gonna to make just 2 to 3 trades per pair per day. we will trade 8 to 10 pairs a day. but the number of pairs choice is yours. we will try to have minimum 10 and maximum 25 pips in our single trade.
LEAVE THE TENSION AND ANGER :-
this is the important thing, in this method we will surely have the following scenario while we trading,
IDEA:-
in this method we are gonna to make just 2 to 3 trades per pair per day. we will trade 8 to 10 pairs a day. but the number of pairs choice is yours. we will try to have minimum 10 and maximum 25 pips in our single trade.
LEAVE THE TENSION AND ANGER :-
this is the important thing, in this method we will surely have the following scenario while we trading,
- some times after achieved and closed the trade 25 pips, the market will travel in same direction and it may rallied even 100 pips
- some times it will go 20 pips and retreat for break even, or even loss.
- some times the market will travel in small space like up 10 pips and low 10 pips.
- sometimes some news will make heavy impact and make you disappear from that trade.
if above mentioned happens, please try be patient and be cool or think about mr.bean
. because i dont want to sugar -coat it, if you take above scenario seriously and fight with forex market will make us nothing.
JUMPING INTO SYSTEM:-
this is a newborn baby, but has it qualities. so feel free to make changes until the child grow perfectly.
WHAT WE USE:-
- RENKO
- MACD
- RSI
- PIVOT POINTS
- S/R LINES
- 2 EMA'S
SETTINGS:-
RENKO:-
we will use 5 pip renko boxes . this standard one, dont make changes. we will use my forex professor KIADS'S renko builder. or you can use your own.
MACD:-
we will use standard macd settings, 12,26,9.
RSI:-
we will use standard rsi with 14, and levels at 45 and 55.
EMA:-
we will use ema's with 8 and 21.
thats it base is ready. entries and exit at post 2.
"TRADING AGAINST THE TREND IS LIKE STANDING AGAINST KATRINA TWISTER "
Keep up the good work.. And for the system name, I think "ARTS scalping" could be considered 
Pardon me for that.. 
