"Scalping" in 1 day charts

Quoting henn9

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eur/ cad ?

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Quoting dansmol

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{quote} Dear cfabian I hesitated a little to post because there are people hwo are posting only to critic other people ,instead to post somethig constructiv and helpfull(see post of monaghan and popko ) But what a hell,I will answer your post, anyway. I close all the trades on demo. Now i'll tell you how I take my trades ( see the 2 pictures) 1-I look to currency strenght meter ,to see the pair with most chances to move 2-Chart D1-I look to direction of the candle 3-I look to ultra trend to be same color with candle 4- Candle must cross the TL 5-I...

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Quoting cfabian

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{quote} Mikeh, The issue with 200 EMA is that it is a lagging indicator, besides, in a 1D TF it may take months or years to cross over. So, what do you do to make faster decisions, or add entries, without having to wait so much time? Can you give us your input, and some screens if possible? You mean you are only trading 4H? Best regards

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Quoting mikeh3855

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{quote} Yes, I trade 4 hr charts only. What are you talking about takes years to cross? I don't trade a cross. I trade tnavi's original system posted on page 1 only I take long trades if price is trending above the 200EMA. Opposite for shorts. it's quite effective. Nothing is lagging about it.

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Quoting mikeh3855

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{quote} Yes, I trade 4 hr charts only. What are you talking about takes years to cross? I don't trade a cross. I trade tnavi's original system posted on page 1 only I take long trades if price is trending above the 200EMA. Opposite for shorts. it's quite effective. Nothing is lagging about it.

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Quoting forexdave1

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Ultratrend is not consistant for me due to the repaint. I agree we need a better filter.

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Quoting Mr.Ma

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{quote} Iam with you on this one!! Entered now on the 3rd bullish bar on the UT. Think it will go up today and then we get the confirmation from the HG indicator. Maybe the US news later on will push the EUR/USD into the green Zone For now the trade is cruising arround -15 Pips First target at least 100 Pips, second 200. {image} Plus the Trend Indicator turned green and gave a H4 Signal this morning !!! {image}

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Quoting Mr.Ma

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For me, I waited for the Holy Grail indicator to give me the confirmation with an additional buy signal. But this didn't happen. At the moment I keep an eye on USD/CAD... getting tight in a triangle, so there must be a signal soon {image}

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Quoting cfabian

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{quote} Will you trade any of the 2 breakouts? Or actually you'll wait for a nihilist indication after the breakout?

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Quoting Mr.Ma

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{quote} Thanks forexday, I trade in line with the colors! Red color means sell and green means buy... Also I use the basic strategy tnavy presented us here in the thread. just combine it and we all make some money BTW I closed my two trades for a profit of 430 Pips together

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Quoting tnavi

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hi forexday, how i said before, i have time to trade with my other scalping (5 min ) method. im trying to filter the entries into 1 day chart with only 2 emas (34 and 144) and nihilist holy grail indicator. but, im playing only. i need a lot of time to make a good test. thanks!

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Quoting Mr.Ma

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For me, I waited for the Holy Grail indicator to give me the confirmation with an additional buy signal. But this didn't happen. At the moment I keep an eye on USD/CAD... getting tight in a triangle, so there must be a signal soon {image}

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Quoting tnavi

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{quote} no men. {image} I bet u a cold and good quality beer that the price is going to use the last support to push towards the top. take the SL that i draw into the new image and make millions! SL=72 pips and TP is +400 pips (0.89500) bet 0.001 lot into this trade in ur real account trust me, men.

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Quoting Mr.Ma

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Just closed a quick scalp on the GBPCHF... Just a simple trendline break without any signal confirmation from the indicators... Ended in a 133 pip gain {image}

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Quoting cfabian

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{quote} Where is your SL? At previous extreme?

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