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Scalpeur journal, scalping the bollinger band

  • #361
  • Sep 17, 2014 7:35pm Sep 17, 2014 7:35pm
Good Analysis Thanks !
I see you looking at 2 hour charts and 30 min, which is smart
  • #362
  • Sep 17, 2014 7:59pm Sep 17, 2014 7:59pm
I look 2 hours chart, because on MT4, between 1h and 4h is too much difference, many new can append, so with fxtrade, i can get 2 h and 3 h chart.

for scalping 30 minutes is better, but can see in high time frame the trend.
  • #363
  • Sep 17, 2014 8:26pm Sep 17, 2014 8:26pm
Good day Scalpeur,

According the pic you posted .
Attached Image (click to enlarge)
Click to Enlarge Name: p8qO2.png Size: 306 KB

How do you know the price will go down a little then go up again?
Is it because the bigger BB still pointing up and not flat?
  • #364
  • Sep 17, 2014 8:47pm Sep 17, 2014 8:47pm
the macd line, must approch 0, and then cross and go up
  • #365
  • Sep 17, 2014 8:57pm Sep 17, 2014 8:57pm
Quoting scalpeur
the macd line, must approch 0, and then cross and go up

I understand the macd line must approch 0, but i dont understand why it then cross and go up? How to predict that?
is it possible approch 0 then keep going down to reach the bigger mid bb line?
  • #366
  • Sep 17, 2014 9:00pm Sep 17, 2014 9:00pm
It is very interesting!
I'm using bollinger band too - but TWO of them - one bollinger in the basement,

Thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: 22.PNG Size: 78 KB
  • #367
  • Sep 17, 2014 9:02pm Sep 17, 2014 9:02pm
the Superior bb100 is pointing up + 4h chart say up.

And also never fight with BOJ, 100% you will loose.
  • #368
  • Sep 17, 2014 9:17pm Sep 17, 2014 9:17pm
I see

Thank you for the answer
  • #369
  • Edited 10:01pm Sep 17, 2014 9:34pm | Edited 10:01pm
Quoting verjanso
{quote} I understand the macd line must approch 0, but i dont understand why it then cross and go up? How to predict that? is it possible approch 0 then keep going down to reach the bigger mid bb line?
4 hour chart stay above 20 SMA.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 41 KB



1 hour did not make lower low too and broke trendline. Not easy to see, when it is uptrend

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 36 KB
  • #370
  • Sep 17, 2014 9:35pm Sep 17, 2014 9:35pm
And these are levels by BB
I find them very helpful
When the price gets close to a level I look at the BB - what is says)
Attached Image (click to enlarge)
Click to Enlarge Name: 12.PNG Size: 65 KB
  • #371
  • Sep 17, 2014 9:36pm Sep 17, 2014 9:36pm
Quoting scalpeur
the Superior bb100 is pointing up + 4h chart say up. And also never fight with BOJ, 100% you will loose.
may I ask - what is BOJ ?

Thank you!
  • #372
  • Sep 17, 2014 9:46pm Sep 17, 2014 9:46pm
BOJ = BANK OF JAPAN.
  • #373
  • Sep 17, 2014 9:51pm Sep 17, 2014 9:51pm
Quoting RabbitWolf
{quote} 4 hour chart stay above 20 SMA. {image} 1 hour did not make lower low too and broke trendline. Not easy to see, when it is uptrend {image}

Also, Monday 15 September, he was Japan holiday, so the price go down.
  • #374
  • Sep 17, 2014 9:58pm Sep 17, 2014 9:58pm
Discipline.

AUD/USD, in brown BB160, touch the upper-band = 95% the price can touch the inferior band.

In oanda i never go short with aud/usd, strong negative swap, you loose money every second, but others broker can go.

http://nimga.fr/m/Vc09I.png
  • #375
  • Sep 17, 2014 11:07pm Sep 17, 2014 11:07pm
Believe on Bollinger Band

http://nimga.fr/m/FJPrT.png

http://nimga.fr/m/PC8ln.png
  • #376
  • Sep 18, 2014 1:49am Sep 18, 2014 1:49am
Quoting scalpeur
This is not 100%, but give me good indication in many time. Only with fxtrade, never try with mt4. In TF 5 minutes, with eur/usd and some others pair, the macd reach the number 5, that tall me it's overbuy or oversold. (in range market) Others TF is other number. {image}
Ok so we cant use mt4 for this ? can i get a demo account of fxtrade ? or is there something in mt4 that is good that i can use ?

Thanks best regards
  • #377
  • Sep 18, 2014 2:03am Sep 18, 2014 2:03am
you can get demo "fxtrade practice" for life.

There is indicator in fxtrade, you don't have the same felling as MT4 (macd, adx, heikin-ashi, starc band)
  • #378
  • Sep 18, 2014 2:15am Sep 18, 2014 2:15am
Quoting Wwdd
And these are levels by BB I find them very helpful When the price gets close to a level I look at the BB - what is says) {image}
And may I ask you, I find the BB levels indicator quite interesting, would you be so kind as to upload it ?
  • #379
  • Sep 18, 2014 2:32am Sep 18, 2014 2:32am
Quoting scalpeur
you can get demo "fxtrade practice" for life. There is indicator in fxtrade, you don't have the same felling as MT4 (macd, adx, heikin-ashi, starc band)

Ok thanks i google and see if i find it. What about macd for the other timeframes ? you say in range market it is working fine how do you determen range or trending markets ?

Best regards
  • #380
  • Sep 18, 2014 3:23am Sep 18, 2014 3:23am
Quoting Wulong
{quote} And may I ask you, I find the BB levels indicator quite interesting, would you be so kind as to upload it ?
I don't remember where i get it, but cannot upload here.
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