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Dynamic Scalp System

  • #1,581
  • Dec 3, 2014 5:43am Dec 3, 2014 5:43am
Quoting Patron
{quote} We should not do trading the indicators. Indicators should confirm Price Action, or anticipate falling momentum, closing positions. But never are the trigger. Where are the moving averages? The trend is very strong. It is normal that when a correction occurs see divergences. Then you should evaluate whether it is worth going against the trend, according to the space that will fix. A M5, usually not worth going into a correction against the trend. Better to take advantage of the reverse to get the trend for a better price. Theoretically,...
Thanks for the words i will take note, the shorts in the triangle is a very good strategy to scalp profits during the build the positions.
  • #1,582
  • Dec 3, 2014 7:08am Dec 3, 2014 7:08am
GBPJPY M5

Trend
Close at new session.

Idem GBPUSD, but for +3 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gjtrend22.PNG Size: 141 KB
Donde hay Patron no manda Marinero
  • #1,583
  • Dec 3, 2014 7:40am Dec 3, 2014 7:40am
I get the impression that the dollar is losing quite bellows.
Donde hay Patron no manda Marinero
  • #1,584
  • Dec 3, 2014 8:11am Dec 3, 2014 8:11am
Quoting Patron
I get the impression that the dollar is losing quite bellows.
I dont have nothing clear with Eur Usd ... Something tells me that i should back to 1.237, im not sure... Not saying today.
  • #1,585
  • Dec 3, 2014 8:20am Dec 3, 2014 8:20am
Quoting Alucard X
{quote} I dont have nothing clear with Eur Usd ... Something tells me that i should back to 1.237, im not sure... Not saying today.
Btw man im not here to play futorology, im going only to trade and learn based the thread system, nothing more, my apologies.
  • #1,586
  • Dec 3, 2014 8:21am Dec 3, 2014 8:21am
Quoting Alucard X
{quote} I dont have nothing clear with Eur Usd ... Something tells me that i should back to 1.237, im not sure... Not saying today.
I think it is risky to sell the EURUSD. If you have a short open so you can keep until you break the trailing stop.
I start to look long for EURUSD, when signals are very clear.
Donde hay Patron no manda Marinero
  • #1,587
  • Dec 3, 2014 8:22am Dec 3, 2014 8:22am
Quoting Alucard X
{quote} Btw man im not here to play futorology, im going only to trade and learn based the thread system, nothing more, my apologies.
??? (¿hablas solo?)
Donde hay Patron no manda Marinero
  • #1,588
  • Dec 3, 2014 8:43am Dec 3, 2014 8:43am
Quoting Patron
{quote} ??? (¿hablas solo?)
Jajajaja / hahaha

Esto de escribir todo en los dos idiomas es muy divertido, y más cuando 2 de los 3 que hablamos somos españoles!

Voy a sacar a los perros a pasear...
  • #1,589
  • Dec 3, 2014 10:13am Dec 3, 2014 10:13am
GBPJPY M5

Scalping the trend.

This pair is tireless when it starts not end. You think you have already completed their run, and on and on and on ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY M5 TREND SCALP 32.PNG Size: 98 KB
Donde hay Patron no manda Marinero
  • #1,590
  • Dec 3, 2014 10:36am Dec 3, 2014 10:36am
Quoting Patron
GBPJPY M5 Scalping the trend. This pair is tireless when it starts not end. You think you have already completed their run, and on and on and on ... {image}
Back, i take note about this pair

About EurUSD those bastards dont wanna touch 1.25 , what do you use to do in this situations?
  • #1,591
  • Dec 3, 2014 11:13am Dec 3, 2014 11:13am
Quoting Alucard X
{quote} Back, i take note about this pair About EurUSD those bastards dont wanna touch 1.25 , what do you use to do in this situations?
I do not understand the question. You can formulate it differently?
Donde hay Patron no manda Marinero
  • #1,592
  • Dec 3, 2014 11:24am Dec 3, 2014 11:24am
Good night, friends (my local time)

Seem i miss a lot here....
While knowledge speak up, the wisdom listen down
  • #1,593
  • Dec 3, 2014 11:26am Dec 3, 2014 11:26am
Quoting sam30
Good night, friends (my local time) Seem i miss a lot here....
Good night Sam30.
Donde hay Patron no manda Marinero
  • #1,594
  • Dec 3, 2014 11:47am Dec 3, 2014 11:47am
UJ...my beloved pair comment.

As expected USD strong continued....especially on UJ have fresh new 7years high (fxstreet source)

BUT range so far make me courious (119.13-119.86)...only 73 pips range....hmmmm what market plan actually?


From fundamental perspective:

14 December is date for election for Japan.....is Abenomic win or not...still around 10 days left
While knowledge speak up, the wisdom listen down
  • #1,595
  • Dec 3, 2014 11:58am Dec 3, 2014 11:58am
And My favourite Master in reading market....predicted on EU next:

here is the link:http://www.fxstreet.com/analysis/for...ws/2014/12/03/
While knowledge speak up, the wisdom listen down
  • #1,596
  • Dec 3, 2014 12:28pm Dec 3, 2014 12:28pm
Quoting sam30
And My favourite Master in reading market....predicted on EU next: here is the link:http://www.fxstreet.com/analysis/for...ws/2014/12/03/
EURUSD

Fibonacci projection (161.8%) leads to around 1.2150

But chartism stays 1.2200
Attached Image (click to enlarge)
Click to Enlarge Name: proyeccioneu2to3.PNG Size: 85 KB
Donde hay Patron no manda Marinero
  • #1,597
  • Dec 3, 2014 1:22pm Dec 3, 2014 1:22pm
Quoting Patron
{quote} I do not understand the question. You can formulate it differently?
Nah just only know if it not reach the target in the time that u have in mind, if u close the trade or keep it alive.
  • #1,598
  • Dec 3, 2014 1:23pm Dec 3, 2014 1:23pm
Good night Sam!
  • #1,599
  • Dec 3, 2014 1:23pm Dec 3, 2014 1:23pm
Yes, Patron agree with your pojection on EU

We will see what PA doing around that level....
While knowledge speak up, the wisdom listen down
  • #1,600
  • Dec 3, 2014 1:43pm Dec 3, 2014 1:43pm
Good evening,

Sam30, Patron and AlucardX, thank you for your encouragement
Patron, thank you for your excellent analysis of yesterday's EURUSD action. Someday, this level of understanding is my goal.

Today, I made some silly mistakes.

I will be honest with my errors in this forum, because that will make me trade more carefully next time.

I will be back soon with a picture.

g~
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