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Scalpeur journal, scalping the bollinger band

  • #161
  • Apr 17, 2014 7:01pm Apr 17, 2014 7:01pm
Remember we are in small time frame, any new can kill your profit, you have profit, take it, don't have any regrets.

http://nimga.fr/m/ufWSI.jpg

http://nimga.fr/m/b5gKu.jpg

http://nimga.fr/m/f1VmR.jpg
  • #162
  • Apr 17, 2014 10:15pm Apr 17, 2014 10:15pm
Quoting scalpeur
Remember we are in small time frame, any new can kill your profit, you have profit, take it, don't have any regrets. {image} {image} {image}
Thanks for the answer
  • #163
  • Apr 18, 2014 1:09am Apr 18, 2014 1:09am
Hi Scalpeur, i'm interested in your approach to the market but still not able to understand it.
Do you have any reference material where we can study on ? I mean some book, blog, forum, whatever where we can study, otherwise it's very difficult to understand completely your trading method.

Thank you
Regards,
Skyline
  • #164
  • Edited 1:32am Apr 18, 2014 1:18am | Edited 1:32am
Quoting skyline
Hi Scalpeur, i'm interested in your approach to the market but still not able to understand it. Do you have any reference material where we can study on ? I mean some book, blog, forum, whatever where we can study, otherwise it's very difficult to understand completely your trading method. Thank you Regards, Skyline

Hi,

Absolu no book, no material, nothing.

Only multiple bollinger band of 20

bb100 in TF 1min = 5 minutes (5*20)
bb360 in TF 1min = 18 min (18*20)

You can use any number for the bollinger, but you have to find one number, with all the candle inside. (i will to find a good picture to show you).

regards

http://nimga.fr/m/6cBl9.jpg
  • #165
  • Apr 18, 2014 1:41am Apr 18, 2014 1:41am
Quoting scalpeur
{quote} Hi, Absolu no book, no material, nothing. Only multiple bollinger band of 20 bb100 in TF 1min = 5 minutes (5*20) bb360 in TF 1min = 18 min (18*20) You can use any number for the bollinger, but you have to find one number, with all the candle inside. (i will to find a good picture to show you). regards {image}
Oh ok i see, thank you , you're very kind
Yes the main problem for me , since i'm a long time coder, is that it's hard to define 'strict' rules in your method so that I can try to backtest.
You're approach is more a trading framework, a trading guideline where you are able to find, in a discretional way, good spot to enter/exit sucessfull the market riding those BB, something that i'm not good at all :|
Btw what i like mostly is that you're trading using a sort of mtf (multi-time frame) approach, so I will continue to study with interest all your posts


Ty
Regards,
Skyline
  • #166
  • Apr 18, 2014 1:50am Apr 18, 2014 1:50am
AU - currently I am waiting for the price on M1 to go down, then to enter Long (in line with M5 which is looking Up). TP on M5 would be the superior BB360 (the superior BB720 is also close, to act as resistance)

ANALYSIS:

M1: all BBS externded up, now they should go down. Though, because on the higher timeframe M5 the price is looking Up (superior BB100 red is looking up, Price was already outside the bands) I am waiting either:
- Price to go down and reach the inf BB100 (red) and then change direction Up (to enter then), OR
- Price to go down and reach the inf BB360 (blue) and then to switch direction to Up (to enter then).

M5: all BBs (20, 100,360) already extended down yesterday with Price outside the bands. Now price show go Up

M15: Price was outside the bands BB20, 100,360 already. BB720 acted as support. Price should go Up on M15..though I have a doubt about price going Up on this timeframe because on the higher timeframe H1 the BB100 (red) is looking down..

H1: Price was outside the bands on H1 and it should go down. Already reached inf BB100 (red), and expect to bounce back up to superior BB100 before going down towards inferior BB360 (blue)

Please feel free to comment. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: au 18apr long.png Size: 243 KB
  • #167
  • Apr 18, 2014 2:33am Apr 18, 2014 2:33am
extremely difficult to answer this morning.

oanda raise the spread for Esther holiday, the spread is big as my bb100, impossible to see, the bb are flat in 1 ,2,3,4, 5 min.

http://nimga.fr/m/JOZfW.jpg
  • #168
  • Edited 1:52pm Apr 18, 2014 7:10am | Edited 1:52pm
AUD/USD big squeeze on 1 hour chart. Look at 1 hour Bollinger. Dangerous ! 1 Hour Bollinger is 7 Pip wide !!!!!


Attached Image (click to enlarge)
Click to Enlarge Name: audusdm5 squez.png Size: 65 KB


A bit later:
Widening of 1 hour Bollinger . Price is kicking from top to to bottom. Have to add here that is bank holiday before Easter. No Volatility - Bollinger Bands show that very well. Bad time for scalping.

Attached Image (click to enlarge)
Click to Enlarge Name: audusdm5 after.png Size: 73 KB
  • #169
  • Apr 18, 2014 12:01pm Apr 18, 2014 12:01pm
Happy Easter!
  • #170
  • Apr 22, 2014 6:49am Apr 22, 2014 6:49am
I try from 2 days, the MT4 from Duskacopy, no problem.
In 2 days 17 trades, 100% won.


http://nimga.fr/m/PPcQA.jpg
  • #171
  • Apr 22, 2014 6:58am Apr 22, 2014 6:58am
In the same time, i still try the FXCM mt4, from 27 march 2014.

Everything work perfect, the spread is little high, but it's work.

91 trades, 100% won
1 trade open.

http://nimga.fr/m/NgI39.jpg
  • #172
  • Edited 7:19am Apr 22, 2014 7:05am | Edited 7:19am
Quoting scalpeur
I try from 2 days, the MT4 from Duskacopy, no problem. In 2 days 17 trades, 100% won. {image}
Man, you're good..
Thanks for publishing the trades details - is useful for analyzing the entries and getting a little closer to understand how you're doing it
  • #173
  • Apr 22, 2014 7:55am Apr 22, 2014 7:55am
Good job. Please share more of your strategy
Pivot Boss in the making~
  • #174
  • Apr 22, 2014 9:04am Apr 22, 2014 9:04am
Are all these true?: http://edition.cnn.com/2014/04/20/tr...-hk-does-best/
..anyway they should add "scalping" as the 11th thing
  • #175
  • Apr 22, 2014 9:18am Apr 22, 2014 9:18am
Quoting dragos_
Are all these true?: http://edition.cnn.com/2014/04/20/tr...-hk-does-best/ ..anyway they should add "scalping" as the 11th thing

Yes it's true,

Hong kong is the best city, i left France, ( hell tax) almost 20 years ago.

Hong kong, 0% VAT, duty free everywhere, and safe.
  • #176
  • Apr 22, 2014 9:21am Apr 22, 2014 9:21am
Setup with STARC BAND (only with oanda fxtrade, on MT4, you don't see the same thing).

http://nimga.fr/m/9sQZO.jpg

http://nimga.fr/m/GqoYB.jpg

http://nimga.fr/m/9ewP1.jpg Only 2,6 pips profit with fxcm, the spread was high
  • #177
  • Apr 22, 2014 10:07am Apr 22, 2014 10:07am
Quoting scalpeur
Setup with STARC BAND (only with oanda fxtrade, on MT4, you don't see the same thing). {image} {image} {image} Only 2,6 pips profit with fxcm, the spread was high
U entered after price broke middle of STARC BAND?
Pivot Boss in the making~
  • #178
  • Apr 22, 2014 10:44am Apr 22, 2014 10:44am
Quoting jurn_e
{quote} U entered after price broke middle of STARC BAND?
No, i go when i see the first green bar of the macd.
  • #179
  • Apr 22, 2014 11:06am Apr 22, 2014 11:06am
Scalpeur,

Why did u take that trade besides MACD?

STARC better than BB?
Pivot Boss in the making~
  • #180
  • Apr 22, 2014 6:11pm Apr 22, 2014 6:11pm
Quoting jurn_e
Scalpeur, Why did u take that trade besides MACD? STARC better than BB?

BB is better, but some time i have opportunity with starc band, i take it. (starc is for very very short time and low spread).
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