Scalping - boon or bane? | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

scalping strategy 31 replies

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

What exactly is 'scalping' ...? 36 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Scalping 100 pips?! 3 replies

Attachments: Scalping - boon or bane?
Exit Attachments

Scalping - boon or bane?

  • #181
  • Aug 20, 2014 4:01pm Aug 20, 2014 4:01pm
Quoting Forexcube
EURUSD, Long @ 1.32606
#179

Exit @ 1.32585, Loss: -1.05 (-0.35%)
no vola.
  • #182
  • Aug 20, 2014 6:58pm Aug 20, 2014 6:58pm
Cracked these 3 as we speak.. ADUD GBAD..EUAD..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 63 KB
Click to Enlarge Name: EURAUDM15.png Size: 70 KB
Click to Enlarge Name: GBPAUDM15.png Size: 77 KB
  • #183
  • Aug 20, 2014 7:02pm Aug 20, 2014 7:02pm
Still in this AUD 200 15m
Attached Image (click to enlarge)
Click to Enlarge Name: AUS200M15.png Size: 38 KB
  • #184
  • Aug 20, 2014 7:20pm Aug 20, 2014 7:20pm
Quoting danc
Cracked these 3 as we speak.. ADUD GBAD..EUAD.. {image} {image} {image}
good work, are you in all of them and maybe tripling your risk?
  • #185
  • Aug 20, 2014 7:30pm Aug 20, 2014 7:30pm
Quoting danc
Still in this AUD 200 15m {image}
OUT 8 clear
Attached Image (click to enlarge)
Click to Enlarge Name: AUS200M15.png Size: 46 KB
  • #186
  • Aug 20, 2014 8:03pm Aug 20, 2014 8:03pm
another 5 clear 5 min asx200
Attached Image (click to enlarge)
Click to Enlarge Name: AUS200M5.png Size: 47 KB
  • #187
  • Aug 21, 2014 5:22am Aug 21, 2014 5:22am
EURUSD, M15, 2014 August 21
Long @ 1.32574
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M15, 2014 August 21.jpg Size: 179 KB
  • #188
  • Aug 21, 2014 5:28am Aug 21, 2014 5:28am
Quoting Forexcube
EURUSD, M15, 2014 August 21 Long @ 1.32574 {image}
#187

Exit @ 1.3260, 52 cents, +0.17%
(The risk was minimze by this order.
0,02 lot instead of 0.05,
due to the fact that H1 & H4 shows sligthly more downside.)
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2014 August 21.jpg Size: 97 KB
  • #189
  • Aug 21, 2014 5:35am Aug 21, 2014 5:35am
Overlapping Candles

EURUSD, M30, 2014 August 21
The market price is struggling everywhere in the middle of these overlapping M30 candles currently.
You could take an hedging order (if your are living in the european zone) or waiting of one of these extreme (head or foot of one's candle) by evaluating the position agai (ascending momentum/volatility,..., news, ...& so on).
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M30, 2014 August 21.jpg Size: 106 KB
  • #190
  • Aug 21, 2014 5:36am Aug 21, 2014 5:36am
EURUSD, Short @ 1.32675

EURUSD, M15, 2014 August 21

Switching at the next lower time frame.
Here I have execute a Short order of the top level of one M15 candle.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M15, 2014 August 21,.jpg Size: 98 KB
  • #191
  • Aug 21, 2014 5:44am Aug 21, 2014 5:44am
EURUSD, H4, 2014 August 21

The market price has reached - & is moving below - the 1st deviation of Bollinger band by an general downside movement (descending candles are within the lower 1st & 2nd deviation of Bollinger Band).

possible Interpretation
Odds are given for more downside (black arrow). The other option could be a breakout upside or a false breakout (red arrow).
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H4, 2014 August 21.jpg Size: 99 KB
  • #192
  • Aug 21, 2014 5:49am Aug 21, 2014 5:49am
EURUSD, M5, 2014 August 21
It should be added that the market deliver often a retracement to the next pivotal after an overcross had occured.
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2014 August 21.jpg Size: 100 KB
  • #193
  • Edited 12:52pm Aug 21, 2014 5:50am | Edited 12:52pm
What you could learn here is the fact that without any multiple time frame analysis by scalping (e.g. #187 - #192) you are living more like a mayfly.
I wish you green & happy pips!
FXcube
  • #194
  • Aug 21, 2014 5:54am Aug 21, 2014 5:54am
Quoting Forexcube
Overlapping Candles EURUSD, M30, 2014 August 21 The market price is struggling everywhere in the middle of these overlapping M30 candles currently. You could take an hedging order (if your are living in the european zone) or waiting of one of these extreme (head or foot of one's candle) by evaluating the position agai (ascending momentum/volatility,..., news, ...& so on). FXcube {image}
Tats the best example yet.. CUbe.. I have struggled with this.. at last I GET it.. THKS
  • #195
  • Aug 21, 2014 5:58am Aug 21, 2014 5:58am
Quoting Forexcube
EURUSD, Short @ 1.32675 EURUSD, M15, 2014 August 21 Switching at the next lower time frame. Here I have execute a Short order of the top level of one M15 candle. {image}
#190

Exit @ 1.32664, +55 cents, +0.18%

It's not the hard rule of making always 2 - 4 pips when scalping.
1 pip could be enough under certain market situation.
Anyway it gives me 0.18%
When you repeat it 6 times you've got 1.08%. No bank will give you 1.08% (say) within 1 to 5 days or so.
FXcube

EURUSD, M5, 2014 August 21
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2014 August 21,.jpg Size: 91 KB
  • #196
  • Aug 21, 2014 6:01am Aug 21, 2014 6:01am
Quoting danc
{quote} Tats the best example yet.. CUbe.. I have struggled with this.. at last I GET it.. THKS
Thank's for the hint, danc.
Great charts which you post here.
Keep it on.
FXcube
  • #197
  • Aug 21, 2014 9:53am Aug 21, 2014 9:53am
EURUSD, M1, 2014 August 21
Profit: +0.26%
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2014 August 21,,,.jpg Size: 83 KB
Click to Enlarge Name: SSM.jpg Size: 161 KB
  • #198
  • Aug 21, 2014 9:56am Aug 21, 2014 9:56am
Templates
Attached File(s)
File Type: tpl sicko-scalp-machine, m1.tpl   13 KB | 445 downloads
File Type: tpl CCI, EMA50.tpl   13 KB | 437 downloads
  • #199
  • Aug 21, 2014 10:09am Aug 21, 2014 10:09am
EURUSD, M1, 2014 August 21
Long @ 1.32757

ADX
Now I take a look at -DI and at +DI.
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURSD, M1, 2014 August 21, v1.jpg Size: 167 KB
  • #200
  • Aug 21, 2014 10:13am Aug 21, 2014 10:13am
Sicko-Scalp-Machine
http://www.forexfactory.com/showthread.php?t=281532
2 traders viewing now