Scalpeur journal, scalping the bollinger band

EUR/JPY
Jan 16, 2014 17:21 Buy 142.711
Mar 6, 2014 22:32 Sell 142.711

Quoting scalpeur

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My bollinger band say: {image} But it's time to go sleep for me, i close the order and take 162$, i will see tomorrow if my bollinger band lie or not. {image}

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Quoting skyline

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Hi Scalpeur, nice trading system ! I just give a look at your trade explorer but there's some trades that you took that i don't understand, like this one : EUR/JPY Jan 16, 2014 17:21 Buy 142.711 Mar 6, 2014 22:32 Sell 142.711 where you opened a buy around 142.71 on past jan 16 then you closed after 2 months on 6 Mar at entry point with no loss but you suffered in those months about 600 pips drawdown!! So i'm asking if this is your trading style, to open trades without any stoploss and let them runs until revert back in profit, with the...

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Quoting dragos_

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{quote} Dear Scalpeur, This evening I back tested the system and had difficulties with 2 cases (in the graph attached) on EurUsd. In both cases I thought the price should go Long, but instead it went Short. Could you please help me understand what I am doing wrong, and what would be your analysis in these 2 cases? Case A. Concluded the price should go Long, based on the following: 1. Price is outside bands 20, 100, 360 2. Middle BB20 close to inf B100 (on M1 as well) 3. Big MACD 4. Superior BB100 is going down, so expected price to reverse up But...

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Quoting scalpeur

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{quote} In the case A, it's monday, the open market, we close or not the gap, war in russia-ukraine, you have to jump in 1 hour graph. case B , in 5min graph, bb100 and bb360 pointing down, squeeze yesterday and go up. the eur/usd is difficult so predict at this level, war russia-crime, speech of draghi ... In 4h i see up, squeeze 4h coming, but will stay out of this pair, or play a fast scalping in 1 minute chart. {image}

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Quoting scalpeur

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{quote} That's a test with my bollinger band multiple with high time frame, it's work, but in 4h or 1 day graph, can take 2 month. bb360 (20*18) in 1 day graph = 18 days almost 1 month trading day. Better stay less than 1 hour time frame. (or if you want to play carry trade). I use more than one technique in this explorer, every time, to try to find better entry in the market.

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Quoting scalpeur

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It's difficult to predict: 1) we still not close the gap 1.3884 from Monday 2) it's Esther holiday tomorrow, people take profit and remove their egg's from the market. i think up is not finish.

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Quoting scalpeur

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The squeeze is the end of the range, soon we have explosion (volatility) the price move up or down. {image}

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Quoting dragos_

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{quote} Is clear now. Thank you

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