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Scalpeur journal, scalping the bollinger band

  • #241
  • May 13, 2014 7:33pm May 13, 2014 7:33pm
Quoting Moonwen
{image}Pls Scalpeur, can you tell me if this was a correct set up? I didn't take the trade because the medium 100BB band was still going down and not flat. I so wish you explain if there is a case in that situation in which the 100MA would be flat, wouldn't it be still following the trend? Thanks in advance :-)
The macd is big, he can be a good setup, but you have to go in 2 -3 ..5 min TF and more to see if the bb show you a resistance. When the candle touch a bb in different TF, there is propability the trend change.
  • #242
  • May 14, 2014 12:28am May 14, 2014 12:28am
Quoting scalpeur
{quote} I never use Renko, but i try one time, one indicator make the candle full, no shadow, it's work very good.
I recommend you try the attached Renko EA. It has option to show/not show wicks.
How it works:
- apply the EA on a M1 chart (for example EurUsd M1). You have main options: RenkoBoxSize (you can insert 1pip, 2 pips, etc.), RenkoTimeFrame (you can leave it M2 as it is set by default - it makes no difference), ShowWicks (true or false).
- after applying it will write on corner left-up what Renko chart it made
- go to File->Open Offline
- search the Renko chart and click it
- apply your template on the chart
- good luck with your trading
Attached File(s)
File Type: ex4 RenkoLiveChart_v3.4.ex4   12 KB | 334 downloads
  • #243
  • May 14, 2014 1:42am May 14, 2014 1:42am
Quoting scalpeur
{quote} The macd is big, he can be a good setup, but you have to go in 2 -3 ..5 min TF and more to see if the bb show you a resistance. When the candle touch a bb in different TF, there is propability the trend change.
Many thanks :-)
  • #244
  • Edited 1:59pm May 16, 2014 6:50am | Edited 1:59pm
Strong squeeze on 1 hour Bolllinger Band On USD/JPY. Reached bottom of Daily BB and 4 Hour BB

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyh1 scalp.png Size: 58 KB



Some time after price went from one side of flat 1 hour BB to the other side. Scalp of 10 pips. Very slow day - Friday. But it was safe scalp. May continue to watch this later

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyh1 5.png Size: 59 KB


My indicator showing double bullish divergence on this pair, this may continue to go up


Scalpeur, it is nice that you like Hong Kong. I would like to live in Asian country. Best of luck to you and thank you for good posts

  • #245
  • Edited 2:06pm May 16, 2014 7:06am | Edited 2:06pm
USD/CHF looks same, will see what develops

Attached Image (click to enlarge)
Click to Enlarge Name: usdchfh1.png Size: 55 KB



Good luck everybody !
  • #246
  • May 16, 2014 3:02pm May 16, 2014 3:02pm
Scalpeur,
i send you something by PM.

Have good Weekend !
  • #247
  • May 17, 2014 1:41pm May 17, 2014 1:41pm
Quoting dragos_
{quote} I recommend you try the attached Renko EA. It has option to show/not show wicks. How it works: - apply the EA on a M1 chart (for example EurUsd M1). You have main options: RenkoBoxSize (you can insert 1pip, 2 pips, etc.), RenkoTimeFrame (you can leave it M2 as it is set by default - it makes no difference), ShowWicks (true or false). - after applying it will write on corner left-up what Renko chart it made - go to File->Open Offline - search the Renko chart and click it - apply your template on the chart - good luck with your trading ...
Excuse my ignorance but where do I download the Ea? How do I put in the chart.
thank you
Julio Bento
  • #248
  • May 17, 2014 3:36pm May 17, 2014 3:36pm
Quoting jjibl
{quote} Excuse my ignorance but where do I download the Ea? How do I put in the chart. thank you Julio Bento
Steps:
- download it wherever you want on your computer. Right click on it an select "Copy"
- in Metatrader go to File->Open Data folder. It will open a window - go to "MT4" folder, double click it and then go to "Experts" folder. Right click in Experts folder and select "Paste"
- restart Metatrader
- go to View-> Navigator (or simply press CTRL+N)
- go to Expert Advisors and click it. You should see the EA
- open whatever chart you want and then drag and drop the EA on the chart
- be sure to have a smiley face on the chart, on the up-right corner of the screen. if is a "" then go to Tools-> Options->Expert Advisors tab and check "Allow automated trading"
- follow the instructions from the previous post
  • #249
  • May 18, 2014 4:23pm May 18, 2014 4:23pm
Thanks

Bestregards
Julio Bento
  • #250
  • Jun 3, 2014 5:38am Jun 3, 2014 5:38am
Hi Scalpeur,
Are you available on Whatsapp? Please add me up on +2348102334350,i'd like to have a one on one session with you and tutorial with more detailed explanation abt your BB scalping system.
Thanks in advance


Regards
Lyon
  • #251
  • Jun 3, 2014 6:29am Jun 3, 2014 6:29am
Quoting lyondegreat
Hi Scalpeur, Are you available on Whatsapp? Please add me up on +2348102334350,i'd like to have a one on one session with you and tutorial with more detailed explanation abt your BB scalping system. Thanks in advance Regards Lyon
Sorry, i don't have that. (je n'ai pas pas whatsapp, j'ai qu'un vieux tel a la con)

a+
  • #252
  • Jun 5, 2014 3:05am Jun 5, 2014 3:05am
Ok,thank you Mr Scalpeur...

What leverage and lot size would you use on a $200 account with your scalping system

Also what margin level in percentage do you always try to maintain?

Thankz in advance...
  • #253
  • Jun 5, 2014 3:58am Jun 5, 2014 3:58am
Ok,thank you Mr Scalpeur...

What leverage and lot size would you use on a $200 account with your scalping system

Also what margin level in percentage do you always try to maintain?

Thankz in advance...
  • #254
  • Jun 5, 2014 4:03am Jun 5, 2014 4:03am
Leverage 50, nano lot and micro lot, depand of the paire, don't be greedy, small water make the big river.
  • #255
  • Jun 5, 2014 8:08pm Jun 5, 2014 8:08pm
Just keep record:

5 June 2014, BCE go to 0.15% interest, and -0.1% for the bank. (effective on 11 june 2014)

On 6 June 2014, Oanda change the rollover, EUR/USD, EUR/JPY, EUR/CHF... you go Long or Short, you have negative swap. On FXCM and AAAFX nothing change, you go Long, the swap is positive.
  • #256
  • Jun 5, 2014 9:30pm Jun 5, 2014 9:30pm
Quoting scalpeur
Leverage 50, nano lot and micro lot, depand of the paire, don't be greedy, small water make the big river.
Also what Margin level in % do you always maintain per trade? Thank you
  • #257
  • Jun 12, 2014 12:47pm Jun 12, 2014 12:47pm
Hi scalpeur,

Just noticed your TE, going down. From how I know you it makes no sense to me.
So I figure either you are experimenting on something new - really curious about what it is - or you are giving yourself an advance - making things a bit difficult only to recover more impressive

Best regards,
Dragos
  • #258
  • Jun 12, 2014 8:41pm Jun 12, 2014 8:41pm
Hi Dragos,

I still use my way, but i go more fast with high leverage, but cannot talk the system here, but you will see, the TE.
The 7 loss in eur/jpy, i can close them, loss but earn by another trade, need just 1 or 2 days.

I still try another way carry trade:

Should i close this trade with 292.38 usd profit, or keep the order:

The order give me : +1,32$ positive interest every day ( +480$ interest/year, 4 time more than interest in NZD/USD), i working on this way, in oanda, i can move the money from this account to a sub-account, just need the minimum margin to hold the trade, and i can trade in the other sub-account, 480$ interest without see the screen it's interesting
With a account 10 000$, i can make 40 orders. (52$ interest/day), just need to find the top entree.


http://nimga.fr/m/gCqYw.jpg
  • #259
  • Jun 13, 2014 6:27am Jun 13, 2014 6:27am
Thank you Scalpeur for putting together this thread, i find it truly inspirational. Just took summer off and playing around forex after a long break, going to most likely incorporate bb in whatever scalping system i come up with. Thank you for your work.
  • #260
  • Jun 21, 2014 4:35am Jun 21, 2014 4:35am
Quoting scalpeur
I am finish this test with oanda. (no hedge and leverage 50) Look at that: the swap go up by 5 times. New test will be by FXCM (with hedge and leverage 200, let's see what i can do) {image}
Hi Scalpeur, Can you link up the FXCM demo you started in February to trade explorer let's see how you are doing?
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