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"Scalping" in 1 day charts

  • #321
  • Oct 30, 2014 7:15am Oct 30, 2014 7:15am
Quoting jojofx
{quote} Can you post or show with some screenshots the exact rules you use to enter and exit a trade on 5min TF? Regards!
look this.

is 4 minutes ago.

7 quicks pips.

UT indicator works very good to motivate me in the trade.

https://mega.co.nz/#!LlhE1JzI!0DU4NK...E6lBsmeqPvJdAM

but in 1 day chart, fall
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #322
  • Oct 30, 2014 7:24am Oct 30, 2014 7:24am
Quoting Esosa
{quote} Are you saying that 5mins UT dosnt repaint?
maybe it repaints too....but works better than in 1 day chart
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #323
  • Oct 30, 2014 7:35am Oct 30, 2014 7:35am
Quoting tnavi
Hi! First to all, sorry for my horrible english. i have been working with this method for 2 years and with this indi. for some months ago. You only need 1 day chart, Nihilist_ultra_trend indi and paint some trendlines to touch the glory.
http://i1184.photobucket.com/albums/...psa2aeaa69.jpg
LoL statements !!!!

2 years have been working with this method ???? with only 3 trades on Demo Account ?????
  • #324
  • Oct 30, 2014 7:39am Oct 30, 2014 7:39am
Quoting alimbudianto
{quote} {image} LoL statements !!!! 2 years have been working with this method ???? with only 3 trades on Demo Account ?????
I guess you haven't been following this forum at all. He just was able to open a trade explorer with a new demo account, so that those that are interested can follow along.

Your quick judgement and ridicule are uncalled for and show a lack of maturity.

GREEN pips to all.
  • #325
  • Oct 30, 2014 7:50am Oct 30, 2014 7:50am
Quoting tnavi
{quote} look this. is 4 minutes ago. 7 quicks pips. UT indicator works very good to motivate me in the trade. https://mega.co.nz/#!LlhE1JzI!0DU4NK...E6lBsmeqPvJdAM but in 1 day chart, fall
I see, basically breakouts and colours matches. And you go for about 10pips if m not wrong. It make sense, gonna test this out
  • #326
  • Oct 30, 2014 8:12am Oct 30, 2014 8:12am
Quoting Esosa
{quote} Hey my freind, the two upper indis on your chart are they repainting too?
No ESOSA they don't. as long as the candle is closed. they can change while the current candle is forming.
  • #327
  • Oct 30, 2014 8:18am Oct 30, 2014 8:18am
Quoting alimbudianto
{quote} {image} LoL statements !!!! 2 years have been working with this method ???? with only 3 trades on Demo Account ?????
IF you read the thread you would know that he just opened his trade explorer. You only read what you wanted.
This is a simple and good system specially for the working class that can only trade day charts.
Just look at the charts.
  • #328
  • Oct 30, 2014 8:23am Oct 30, 2014 8:23am
Quoting SmoothTrader
{quote} I guess you haven't been following this forum at all. He just was able to open a trade explorer with a new demo account, so that those that are interested can follow along. Your quick judgement and ridicule are uncalled for and show a lack of maturity. GREEN pips to all.
Well said Smooth trader !

For all quick-witted genius out there, Please don't diminish the value of good intentions without perceive the intended meaning of this thread.

Don't Judge A Book By Its Cover !

Profits to All.
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #329
  • Oct 30, 2014 8:29am Oct 30, 2014 8:29am
Quoting SmoothTrader
{quote} I guess you haven't been following this forum at all. He just was able to open a trade explorer with a new demo account, so that those that are interested can follow along. Your quick judgement and ridicule are uncalled for and show a lack of maturity. GREEN pips to all.
HA HA! smooth trader we must have been posting at the same time.
  • #330
  • Oct 30, 2014 8:33am Oct 30, 2014 8:33am
Quoting tnavi
{quote} look this. is 4 minutes ago. 7 quicks pips. UT indicator works very good to motivate me in the trade. https://mega.co.nz/#!LlhE1JzI!0DU4NK...E6lBsmeqPvJdAM but in 1 day chart, fall
Yeh dont worry bro, shit happens and bloody shit FOMC otherwise it would have gone well i think....

Yeh 5mins is good, im long EURAUD atm quick scalp....seems to be working ok even though I think I enter a bit late.....but only going for 10 maybe 15 pips
  • #331
  • Oct 30, 2014 8:43am Oct 30, 2014 8:43am
Day late... but it failed to break R on bounce so entered with limit order few hours ago. TP @ lower 2dev bb on 4h and daily. Could go lower of course but yesterdays bullish hammer... Moving SL to BE.

Nice thread...don't get too distracted with the 5m scalping
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Yeoman the "Tough Luck" Trader =p
  • #332
  • Oct 30, 2014 9:11am Oct 30, 2014 9:11am
May not be a bad time to get in on the GBP/CAD. you never know for sure! Day is almost over so be careful. I am already in at a higher level as I saw the trendline breaking yesterday.
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  • #333
  • Oct 30, 2014 9:15am Oct 30, 2014 9:15am
Quoting henn9
May not be a bad time to get in on the GBP/CAD. you never know for sure! {image} {image}

You mean Long or Short?
  • #334
  • Oct 30, 2014 10:20am Oct 30, 2014 10:20am
this thing work you just have to have small stoploss with bigger take profit

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  • #335
  • Oct 30, 2014 10:38am Oct 30, 2014 10:38am
Quoting behman8850
{quote} You mean Long or Short?
yes short this is 15 minute chart trying to join the break of the day candle on a retracement
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  • #336
  • Oct 30, 2014 11:10am Oct 30, 2014 11:10am
Hey guys! Anybody know how to modify Ultra Trend so when it changes color it will alert? I think that will be helpful instead of staring at the screen all day.



Green pips!
  • #337
  • Oct 30, 2014 11:16am Oct 30, 2014 11:16am
Quoting fxtrain
Hey guys! Anybody know how to modify Ultra Trend so when it changes color it will alert? I think that will be helpful instead of staring at the screen all day. Green pips!
You just need to look at the screen at 00:00, stand to the author's strategy...
  • #338
  • Oct 30, 2014 11:55am Oct 30, 2014 11:55am
Just a few thoughts on repainting of indicators.
Been on a lot of threads over the years here at FF and many get crazy about indicators repainting

Don't sweat it so much...it's just a matter of perspective. Even if an indicator eventually repaints, it's telling you what its designed to at the time of the signal.
No indicator can predict what price will do in the future...just what it might do based on where its heading at a point in time. And some are designed to repaint based on their calculations (for example, if it's using some kind of weighted average)

Take those trades made before the FOMC. They were valid long entries as of price action at the time. The indicator's not to blame for the FOMC crashing the USD pairs. That's the fault of those willing to stay in through the news (yes...like me...)

Now granted that repainting makes it difficult, and with some indicators nearly impossible, to backtest. But forward trading is fine.

So tnavi has been using this indicator...trading forward...for some time now and he finds it reliable. So, that's good now for me. I'll try it out and see how it flies.

Just my thoughts.
  • #339
  • Oct 30, 2014 12:07pm Oct 30, 2014 12:07pm
Quoting forextarget
this thing work you just have to have small stoploss with bigger take profit {image}
how did u this?
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #340
  • Oct 30, 2014 12:09pm Oct 30, 2014 12:09pm
Quoting spyderman
Just a few thoughts on repainting of indicators. Been on a lot of threads over the years here at FF and many get crazy about indicators repainting Don't sweat it so much...it's just a matter of perspective. Even if an indicator eventually repaints, it's telling you what its designed to at the time of the signal. No indicator can predict what price will do in the future...just what it might do based on where its heading at a point in time. And some are designed to repaint based on their calculations (for example, if it's using some kind...
curosiusly, UT indi works very fine with 5 min charts.

u can see this perfectly,....but sometimes, in 1 day chart makes some extrange things....
MY telegram channel: https://t.me/https://t.me/tnavieurusd
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Xavier14k