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"Scalping" in 1 day charts

  • #581
  • Nov 22, 2014 6:01pm Nov 22, 2014 6:01pm
Quoting Mr.Ma
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}
The breakout has occurred down and Nihilist gives the red signal so you may enter short by the beginning of the week, i think some pullback will happen then falling down again, what do you think ?
  • #582
  • Nov 23, 2014 9:25am Nov 23, 2014 9:25am
Quoting Mucellini
{quote} The breakout has occurred down and Nihilist gives the red signal so you may enter short by the beginning of the week, i think some pullback will happen then falling down again, what do you think ?
Iam absolutely with you!

The breakout happened with some solid volume, so we should see a small retrace back to the trendline with some lower volume and the a strong push mit high volume down. The we might have a trend change.

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  • #583
  • Nov 23, 2014 10:06am Nov 23, 2014 10:06am
Hey!

USDCAD Daily, 4H, 1H
I think that is a realy perfect Short.

Break out from the last "trend box". Re-touch the last resistance area. Inside pin bar after the bullish re-touch bar. Breaked my trend bar. .....

But now weekend and the monday coming. Should i trade this? Or wait until monday afternoon. ( cos of weekend and monday news)

Million pips for the next week

( nov 22. )


You guys think, the price will retouch around 1.3000 the trend line, but i think have a strong resistance zone around 1.2500 and this is retouched i will short also but my SL 1.2560
Sell 1.2290

What you think?
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  • #584
  • Nov 24, 2014 11:20am Nov 24, 2014 11:20am
Quoting Mr.Ma
{quote} Iam absolutely with you! The breakout happened with some solid volume, so we should see a small retrace back to the trendline with some lower volume and the a strong push mit high volume down. The we might have a trend change. {image}
Exel lent analysis, I do go short today with sl 1.13216 , I wish you very green pips my friend.
  • #585
  • Nov 25, 2014 6:32am Nov 25, 2014 6:32am
Quoting Mucellini
{quote} Exel lent analysis, I do go short today with sl 1.13216 , I wish you very green pips my friend.
I hope you didn't get stopped out...

My trade is still running. Got in at 1.1280 when the retrace happened. And it did happen very nice as we can see here on H4.
Beautiful retest of the trendlines and now I want to see a nice and hard push to the downside

H4
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D1
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  • #586
  • Nov 26, 2014 12:21pm Nov 26, 2014 12:21pm
Quoting Mr.Ma
{quote} I hope you didn't get stopped out... My trade is still running. Got in at 1.1280 when the retrace happened. And it did happen very nice as we can see here on H4. Beautiful retest of the trendlines and now I want to see a nice and hard push to the downside H4 {image} D1 {image}
I did not quit my friend i am still in trade, now the price start going down, i wish it goes down more fast
Attached Image (click to enlarge)
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  • #587
  • Nov 26, 2014 12:23pm Nov 26, 2014 12:23pm
Quoting Mucellini
{quote} I did not quit my friend i am still in trade, now the price start going down, i wish it goes down more fast {image}
Yeah, same here!
500 Pips in 1 hour and I would be more than happy
  • #588
  • Nov 26, 2014 12:31pm Nov 26, 2014 12:31pm
USDCHF is worth to keep an eye on it !!!

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  • #589
  • Nov 26, 2014 1:35pm Nov 26, 2014 1:35pm
good to see all comrades trying this method!

u are the best!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #590
  • Nov 27, 2014 10:59am Nov 27, 2014 10:59am
Quoting Mr.Ma
{quote} Yeah, same here! 500 Pips in 1 hour and I would be more than happy
Bad news, my stop loss was hit., what about you ?
  • #591
  • Nov 27, 2014 1:17pm Nov 27, 2014 1:17pm
Yeah, same here!!
It was a straight punch in the face on this trade...

Anyways there is always the next trade
  • #592
  • Edited 7:54pm Nov 27, 2014 6:03pm | Edited 7:54pm
Quoting tnavi
{quote} for this, im testing holygrail
is it general consensus the ultra trend indicator is not effective anymore to identify trade opportunities? I thought we said in the beginning it is very rare to see ultra trend repaint? we even had the chart from march 2014 to prove it.

so that's why now everyone is moving to holy grail indicator? because the market has figured out everyone was using ultra trend.

that's what happens when u share trading secrets in public forums. hee hee

sigh.. if only trading were easy
  • #593
  • Nov 27, 2014 6:13pm Nov 27, 2014 6:13pm
Quoting tnavi
{quote} for this, im testing holygrail
for repaint issue perhaps it is better to wait half a day later rather than jump into the trade right away at 0:00. to give time for market to readjust and repaint if necessary. am I right to say this? that should provide more accurate results.
  • #594
  • Nov 27, 2014 8:36pm Nov 27, 2014 8:36pm
We cannot rely on any indicator alone, be it UT or HG.
  • #595
  • Nov 27, 2014 11:47pm Nov 27, 2014 11:47pm
Quoting Mr.Ma
USDCHF is worth to keep an eye on it !!! {image}

In your chart we notice you change the default holy grail colors blue and orange to light green and magenta. Do you trade on these colors as well? Or do you only trade lime and red?
  • #596
  • Nov 28, 2014 12:21am Nov 28, 2014 12:21am
Quoting mina1
{quote} is it general consensus the ultra trend indicator is not effective anymore to identify trade opportunities? I thought we said in the beginning it is very rare to see ultra trend repaint? we even had the chart from march 2014 to prove it. so that's why now everyone is moving to holy grail indicator? because the market has figured out everyone was using ultra trend. that's what happens when u share trading secrets in public forums. hee hee sigh.. if only trading were easy
the market always changing. If you check a daily candel in 2008 was 500 pips, and now? 100. But if you check the market around 2014 jan-maj market was much faster then now.
  • #597
  • Nov 30, 2014 11:50am Nov 30, 2014 11:50am
Quoting Mr.Ma
{quote} Iam absolutely with you! The breakout happened with some solid volume, so we should see a small retrace back to the trendline with some lower volume and the a strong push mit high volume down. The we might have a trend change. {image}
Let's try something more dangerous with Gold i still trust this strategy
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  • #598
  • Dec 6, 2014 5:09am Dec 6, 2014 5:09am
Quoting tnavi
good to see all comrades trying this method! u are the best!
I believe u have found a good simple method, but made a wrong turn down the road as you started to scramble for a "filter indicator". As you couldn't tolerate stoploss.

The magic isn't finding the perfect entry. Its a combination of trade management, money management, and most importantly, psych. Like flying a jet takes more than the fastest fighter jet in the world, but also 10k hours+ of fly time, pilot physical and mental fitness.

Yall trying to find that perfect fast jet, but not a lot of people would actually spend time to train themselves into the professional mindset, and management skills.

btw, it takes years of effort to train a doctor or a jet pilot. People here expect to make consistent money right off the bat. Make a few clicks on the mouse and wahlah they think they are "traders".

Everybody can climb a hill, like everybody can get lucky here and there to make some money in Forex, but only the very determined few are able to climb up mount Everest, and only the very determined and smart few are able to rack in fat cash consistently from Forex.
  • #599
  • Aug 23, 2015 12:46am Aug 23, 2015 12:46am
This thread hasn't had some action since Dec 2014 - can any one confirm if this strategy is still viable in the market and if it still works?

I used this last year and got some mixed results. Had some good profits and some losses but it was mostly due to my entry level which needs perfecting.

If it still works is there an updated version of this indicator?

Thanks in advance.
  • #600
  • Aug 23, 2015 2:30pm Aug 23, 2015 2:30pm
hi!

this method works fine, of works.

do u know why?

because it can be used without indis. only trendlines and tons of patience.

i left this method because i jumped into 15 mins chart (with very good results xDD).

i have another thread opened.

this thread can be used how inspiration for the people.

green pips to all!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
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