Dynamic Scalp System | Page 111 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Scalp, scalp, scalp 5,689 replies

Dashlat Scalp System 364 replies

Dynamic TakeProfit & Dynamic StopLoss EA/AI/Algorithm 0 replies

To scalp or not to scalp? (Images included) 18 replies

Rsi+,o,emtum+stoch All Time Frame Scalp System 1 reply

Attachments: Dynamic Scalp System
Exit Attachments

Dynamic Scalp System

  • #2,201
  • Dec 17, 2014 12:45pm Dec 17, 2014 12:45pm
Quoting sam30
{quote} while waiting the news... What we all can learn from jstmzplsz case...Hold DSS short after profit and not close it then move opposite. I am have a lot experiences with that situation first, as stated in first page ...its potential loss for false break (as transition of the cross EMA's) second, have been well explained by Patron on wave analysis and view... Lock of mind and lock of finger to act (to react and close wrong position) is because we are not accept the $$ amount /numbers of losses.....we trap with the way of thinking "its SHOULD...
Fully successful. You have to train your mind to MARKET IS ALWAYS RIGHT, although the red diamond does not like,
Attached Image (click to enlarge)
Click to Enlarge Name: su majestas.PNG Size: 17 KB

and what is wrong is our mind. And you have to train yourself to react, as a pilot flying without the intervention of emotions, but with the ability of a feline.
Donde hay Patron no manda Marinero
  • #2,202
  • Dec 17, 2014 1:18pm Dec 17, 2014 1:18pm
GBPJPY M5


It is based on the profit / loss ratio trade. Intuitively, I accepted that the harmonics, provided me a stop loss acceptable, while the profit had it in mind, all day, the range was a virgin.
So it was a gamble, with luck, and loss / profit ratio for me.
Attached Image (click to enlarge)
Click to Enlarge Name: relaciongananciaperdidas.PNG Size: 102 KB
Donde hay Patron no manda Marinero
  • #2,203
  • Dec 17, 2014 1:23pm Dec 17, 2014 1:23pm
Quoting Patron
GBPJPY M5 It is based on the profit / loss ratio trade. Intuitively, I accepted that the harmonics, provided me a stop loss acceptable, while the profit had it in mind, all day, the range was a virgin. So it was a gamble, with luck, and loss / profit ratio for me. {image}
Actually my goal was about 184.600, but I could not avoid taking profits in case ...
Donde hay Patron no manda Marinero
  • #2,204
  • Dec 17, 2014 1:26pm Dec 17, 2014 1:26pm
Quoting Patron
GBPJPY M5 It is based on the profit / loss ratio trade. Intuitively, I accepted that the harmonics, provided me a stop loss acceptable, while the profit had it in mind, all day, the range was a virgin. So it was a gamble, with luck, and loss / profit ratio for me. {image}
Is this harmonics tool appears exactly when proper fibo number is hit?
  • #2,205
  • Dec 17, 2014 1:35pm Dec 17, 2014 1:35pm
Quoting jstmzplsz
{quote} Is this harmonics tool appears exactly when proper fibo number is hit?
I do not understand the question, but...

The harmonic measure Fibonaccis from the top and from the low, creating patterns.

In the theory of Elliott, the Fibonaccis apply to waves and their relations, which is different from the high and low, because the waves are not always start from the high and low, but begin after a correction or after a reverse pattern.
Donde hay Patron no manda Marinero
  • #2,206
  • Dec 17, 2014 1:43pm Dec 17, 2014 1:43pm
I understand. But I asked only about a moment of appearance on a chart, as an indicator. Don't worry, I think I already figured it out.
I don't know yet if that would be necessary for me because it complicate my charts, but I will give it a shot tomorrow
  • #2,207
  • Dec 17, 2014 1:43pm Dec 17, 2014 1:43pm
Quoting jstmzplsz
{quote} Is this harmonics tool appears exactly when proper fibo number is hit?
GBPJPY M5
Look for all possible pattern, in red, cam be objectif of price...
Attached Image (click to enlarge)
Click to Enlarge Name: allposiblepattern.PNG Size: 91 KB
Donde hay Patron no manda Marinero
  • #2,208
  • Dec 17, 2014 1:45pm Dec 17, 2014 1:45pm
I also have gambled a little at a news release

And then did another trade, which wasn't gambling in my opinion, for +33p.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 65 KB
  • #2,209
  • Dec 17, 2014 1:47pm Dec 17, 2014 1:47pm
Quoting jstmzplsz
I also have gambled a little at a news release And then did another trade, which wasn't gambling in my opinion, for +33p. {image}
Donde hay Patron no manda Marinero
  • #2,210
  • Dec 17, 2014 1:50pm Dec 17, 2014 1:50pm
Quoting Patron
{quote} GBPJPY M5 Look for all possible pattern, in red, cam be objectif of price... {image}
I get it, kind of. And this tool we use only for TPs, right?
  • #2,211
  • Dec 17, 2014 1:52pm Dec 17, 2014 1:52pm
Quoting jstmzplsz
I understand. But I asked only about a moment of appearance on a chart, as an indicator. Don't worry, I think I already figured it out. I don't know yet if that would be necessary for me because it complicate my charts, but I will give it a shot tomorrow
I do not use long in the chart. But your question the other day ... Perhaps, in times of significant breaks or significant levels, can be used to see that thinks that indicator.
Donde hay Patron no manda Marinero
  • #2,212
  • Dec 17, 2014 1:54pm Dec 17, 2014 1:54pm
Quoting jstmzplsz
{quote} I get it, kind of. And this tool we use only for TPs, right?
No, actually it is used as a method of trading. But I use it my way, I've already explained.
Donde hay Patron no manda Marinero
  • #2,213
  • Dec 17, 2014 1:59pm Dec 17, 2014 1:59pm
Quoting Patron
{quote} No, actually it is used as a method of trading. But I use it my way, I've already explained.
OK, I get it. I'll test it tomorrow.

I have to leave now.

Have a nice evening.

Bye!
  • #2,214
  • Edited 2:35pm Dec 17, 2014 2:00pm | Edited 2:35pm
Quoting Patron
{quote} No, actually it is used as a method of trading. But I use it my way, I've already explained.
We can not fill the chart of indicators that lose the main focus. The DSS system has enough with moving averages and the action of the price. What happens when, for analysis, or to doubt, take other tools, they can help at any given time.
Donde hay Patron no manda Marinero
  • #2,215
  • Dec 17, 2014 2:01pm Dec 17, 2014 2:01pm
Quoting jstmzplsz
{quote} OK, I get it. I'll test it tomorrow. I have to leave now. Have a nice evening. Bye!
Bye
Donde hay Patron no manda Marinero
  • #2,216
  • Dec 17, 2014 4:27pm Dec 17, 2014 4:27pm
Was the market right during the Flash Crash of May 2011? What you saw there was a chain reaction that, once it was triggered, could not be stopped. Sure, one is right that the price you see is the price you'll get (for the most part), but that doesn't mean the price is right. Price is set by the psychology, actions, and collective behavior of the financial participants within it, and more often than not, the majority is wrong. We are all human and humans are dominated by emotions including fear and greed, and this fact tends to exaggerate moves that otherwise should not be exaggerated. This is also what creates opportunities for us all, but my point is that price is not always rational; in fact, it is much more sentimental.
Please check out my blog at https://from-zero-to-hero . net
  • #2,217
  • Dec 17, 2014 6:22pm Dec 17, 2014 6:22pm
UJ break out ...waiting news settle the dusts (a bit late)
Attached Image (click to enlarge)
Click to Enlarge Name: uj breakout.png Size: 27 KB
While knowledge speak up, the wisdom listen down
  • #2,218
  • Dec 17, 2014 8:23pm Dec 17, 2014 8:23pm
Quoting smash1820
Was the market right during the Flash Crash of May 2011? What you saw there was a chain reaction that, once it was triggered, could not be stopped. Sure, one is right that the price you see is the price you'll get (for the most part), but that doesn't mean the price is right. Price is set by the psychology, actions, and collective behavior of the financial participants within it, and more often than not, the majority is wrong. We are all human and humans are dominated by emotions including fear and greed, and this fact tends to exaggerate moves...

Bravo! You mixes the market with the price.

The price is market product, but is not the same, from a speculative point of view.
Nobody has said in this thread that prices are fair, but are the product of the market.
This proves that the market is always right, because although the price is not right, the market forces.
Although coffee is unfairly paid to farmers being unfair price is the market that determines the price, so the market is always right, from the point of view of the trader.

Do you want to teach us that the market is the result of human emotions, when it is unmanageable, that is, when so many people involved it very difficult to handle, so very liquid markets, such as FOREX? Friend knows that any beginner.
Furthermore, yourself argues that the market is always right, even if the resulting price is not fair.

Incidentally, the Flash Crash was in 2010, not in 2011. Take care what you write because you have many followers and they will be misinformed. Your followers will confuse the market with the price, and going to invent a new Chash, if you do not put careful in what you write.

Off course, this is another argument that the market is always right because was the market (product of human emotions) that caused the crash.

You remind me of that child who has learned where babies come from, and who thinks he knows everything. I hope your followers contrast your views seriously, and that do not swallow without chewing, because someone can suffer indigestion.

In short, you do not confuse the market with the price. And you think about the meaning of MARKET always right.
But think really, do you know thinking? Do not you worry, time will teach.

Keep you your post (with a note that says: "This shows that the market has no reason), and then read it in a few years.
Organize you the concepts, before letting them lying around anyway, if you want to evolve.

You consider what the word means MARKET, is essential to the matter at hand.
You consider what means the word PRICE.

When you grasp these concepts, so if humility permits, ask your pardon your followers, as well as the moderator of this thread.

Anyway, I appreciate that you have argued unknowingly in the saying "the market is always right"

I also want to apologize if I seem hard now. Someday you'll thank me.
Donde hay Patron no manda Marinero
  • #2,219
  • Dec 18, 2014 2:56am Dec 18, 2014 2:56am
Quoting Patron
{quote} Bravo! You mixes the market with the price. The price is market product, but is not the same, from a speculative point of view. Nobody has said in this thread that prices are fair, but are the product of the market. This proves that the market is always right, because although the price is not right, the market forces. Although coffee is unfairly paid to farmers being unfair price is the market that determines the price, so the market is always right, from the point of view of the trader. Do you want to teach us that the market is the result...
  • #2,220
  • Dec 18, 2014 3:25am Dec 18, 2014 3:25am
Quoting Patron
{quote} Bravo! You mixes the market with the price. The price is market product, but is not the same, from a speculative point of view. Nobody has said in this thread that prices are fair, but are the product of the market. This proves that the market is always right, because although the price is not right, the market forces. Although coffee is unfairly paid to farmers being unfair price is the market that determines the price, so the market is always right, from the point of view of the trader. Do you want to teach us that the market is the result...
True Bravo !

As a add note...
I am not taking personal unless the guy want it. This thread should be constructive and open minded discussion.
Gentlemen know how to do with gently
While knowledge speak up, the wisdom listen down
0 traders viewing now