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  • #897,261
  • May 13, 2014 8:22am May 13, 2014 8:22am
Another thing. Most of the so called "gurus" here (the ones who will respond to this very post) can't scalp worth a lick as they are bias to the trend of the currency which they wager on. Instead of playing both the long and buys, with out being bias is by far the best way to trade forex. It all boils down to engulf of certain candles. Once you master discipline of engulf trading, you can keep keep your money management the same, but you will have net pips at the end of the day.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #897,262
  • May 13, 2014 8:39am May 13, 2014 8:39am
Quoting Davit
{quote} I remember your set up.I think you were using CC+BB and I use RSI+BB Green pips my friend.Keep piling and compounding
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slow and steady wins the race. A few hiccups in the beginning as you can see, but I found out a way to get rid of the false-positives that caused those.
  • #897,263
  • May 13, 2014 8:39am May 13, 2014 8:39am
Quoting ScalpLikeMe
It all boils down to engulf of certain candles. .
Hi Scalp
What time zone are you in? Do you value 'absolute' levels or values at all? ie 1.3700 was an interesting one don't you think?
The reason I ask is I'm not convinced about the candle engulf, reason, see this? Does anyone know what it represents?
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  • #897,264
  • May 13, 2014 8:43am May 13, 2014 8:43am
Quoting ScalpLikeMe
Instead of playing both the long and buys, with out being bias is by far the best way to trade forex. .
Totally agree, i have no bias for any product i trade, one must trade to a set of rules.
I will test and see what i get
  • #897,265
  • May 13, 2014 8:44am May 13, 2014 8:44am
Quoting DasPips
{quote} {image} slow and steady wins the race. A few hiccups in the beginning as you can see, but I found out a way to get rid of the false-positives that caused those.
Looks good, well done
  • #897,266
  • May 13, 2014 8:46am May 13, 2014 8:46am
Retrace to 1.37 is quite likely for today, that would be a nice moment to go long since any good german news will push the pair over 1.37300 again
Past glory means nothing on the battlefield
  • #897,267
  • May 13, 2014 8:49am May 13, 2014 8:49am
Quoting BeyondD
Retrace to 1.37 is quite likely for today, that would be a nice moment to go long since any good german news will push the pair over 1.37300 again
Hey BeyondD, you've had 2 chances to go long from 1.37 already! A third is just downright greedy.... Plus there isn't anymore news due today?
  • #897,268
  • May 13, 2014 8:51am May 13, 2014 8:51am
Quoting DasPips
{quote} {image} slow and steady wins the race. A few hiccups in the beginning as you can see, but I found out a way to get rid of the false-positives that caused those.
LOve Bollinger Bands most profitable under the radar indicators out there.
Still need to use discretion but that's only comes from experience.
Great Job!!
In trading, you have to be defensive and aggressive at the same time
  • #897,269
  • May 13, 2014 8:52am May 13, 2014 8:52am
Quoting ScalpLikeMe
Another thing. Most of the so called "gurus" here (the ones who will respond to this very post) can't scalp worth a lick as they are bias to the trend of the currency which they wager on. Instead of playing both the long and buys, with out being bias is by far the best way to trade forex. It all boils down to engulf of certain candles. Once you master discipline of engulf trading, you can keep keep your money management the same, but you will have net pips at the end of the day.

What if you got in on the trend the past few days? Having no bias is the best way for you to trade.

I barely made money for 3 months then just had the biggest 3 days run of my life. It can work multiple ways.
Twitter: @TrendersGame
  • #897,270
  • May 13, 2014 8:53am May 13, 2014 8:53am
Quoting ScalpLikeMe
Another thing. Most of the so called "gurus" here (the ones who will respond to this very post) can't scalp worth a lick as they are bias to the trend of the currency which they wager on. Instead of playing both the long and buys, with out being bias is by far the best way to trade forex. It all boils down to engulf of certain candles. Once you master discipline of engulf trading, you can keep keep your money management the same, but you will have net pips at the end of the day.
given no one has said anything to you before you posted this comment it seems that you are out to cause some friction................
  • #897,271
  • May 13, 2014 8:54am May 13, 2014 8:54am
Ok, answer to the previous graph - they are all daily bars but starting at different times ie offset due to brokers in different timezones; maybe it makes no difference on the lower timeframes?........
Hey scalplikeme, post another 5min showing the 2 dips to 1.37......what is the max time frame you trade?
  • #897,272
  • May 13, 2014 8:54am May 13, 2014 8:54am
Quoting ScalpLikeMe
Most of the so called "gurus"
So just for example would this be a long on XAG

A: bar closes over 10ma
B: seller bar closes below
C: finally the seller bar is engulfed
Question: Does the engulfing bar need to be a single bar, since there were three bars in this case does it cound
Exit when a buyer bars is engulfed
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  • #897,273
  • May 13, 2014 8:58am May 13, 2014 8:58am
Quoting Davit
{quote} LOve Bollinger Bands most profitable under the radar indicators out there. Still need to use discretion but that's only comes from experience. Great Job!!

IMO Best tool for trading breakouts when used with bollinger band bandwidth.

I always Pay attention when the 4hr and higher timeframe bands tighten up
Twitter: @TrendersGame
  • #897,274
  • May 13, 2014 8:59am May 13, 2014 8:59am
Quoting Citiboy
{quote}I barely made money for 3 months then just had the biggest 3 days run of my life. It can work multiple ways.
Dude, take the rest of the week off, spend time with loved ones/go on a long bike ride/get really 'high'/find some classy 'ladies', do fooking anything but get away from this madhouse!!!!! Do you get the message????
  • #897,275
  • May 13, 2014 8:59am May 13, 2014 8:59am
The other markets the Asian market and USA have their trades far higher than this level espesially the asian market which was abouth 1.3916 the the euro started to fall.
Will think both this markets will brig the euro up?
  • #897,276
  • May 13, 2014 9:08am May 13, 2014 9:08am
Quoting Citiboy
{quote} What if you got in on the trend the past few days? Having no bias is the best way for you to trade. I barely made money for 3 months then just had the biggest 3 days run of my life. It can work multiple ways.
FF would be a nicer place if we have less of people, who thinks that only his approach to trading is the best and go rambling about other people's approach.
  • #897,277
  • May 13, 2014 9:08am May 13, 2014 9:08am
Quoting Citiboy
{quote} somebody ban this guy please all he does is post links to this grifter shop. probably loads up your comp with viruses too
WHY? There is nothing wrong with giving advice if you are profitable..
  • #897,278
  • May 13, 2014 9:08am May 13, 2014 9:08am
Quoting jonnypants
{quote} Dude, take the rest of the week off, spend time with loved ones/go on a long bike ride/get really 'high'/find some classy 'ladies', do fooking anything but get away from this madhouse!!!!! Do you get the message????

Advice well taken dude, want to catch up on some other projects and relax.


trend trading is easier on the mind cause once the position is on you dont have to watch the market as much. I'll be dropping in occasionally this week though. Good luck to you.
Twitter: @TrendersGame
  • #897,279
  • May 13, 2014 9:09am May 13, 2014 9:09am
Quoting JackRock
{quote} WHY? There is nothing wrong with giving advice if you are profitable..
you are wrong, you can't keep promoting a commercial link here like that
  • #897,280
  • May 13, 2014 9:09am May 13, 2014 9:09am
Quoting JackRock
{quote} WHY? There is nothing wrong with giving advice if you are profitable..
It's forbidden to advertise for commercial sites. So better, remove your post.
Don't be smart. Be rich.
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