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Dynamic Scalp System

  • #2,221
  • Dec 18, 2014 5:02am Dec 18, 2014 5:02am
Good Morning. How was the London opening, all right?
Donde hay Patron no manda Marinero
  • #2,222
  • Dec 18, 2014 5:06am Dec 18, 2014 5:06am
Quoting sam30
{quote} 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
Of course. All constructive spirit. Nothing personal. Here we discuss the market. And, each presents its criteria.
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  • #2,223
  • Dec 18, 2014 5:20am Dec 18, 2014 5:20am
Quoting Patron
Good Morning. How was the London opening, all right?
Morning Patron. London was a little sleepy. Only GJ have right volatility for me, and I'm still in
  • #2,224
  • Dec 18, 2014 5:20am Dec 18, 2014 5:20am
Quoting Patron
{quote} Of course. All constructive spirit. Nothing personal. Here we discuss the market. And, each presents its criteria.
What happens is that the red diamond, broke here, no education, and discredited, this friendly thread and its moderator, from his ignorance and I do not like is more, that pisses me off. So I have no choice to ask explanations is.
Above the phenomenon again and again argues from ignorance. And you have to put it back in place.
"Red Diamond" back when you get rid off of ignorance and we will continue chatting amiably.
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  • #2,225
  • Dec 18, 2014 5:26am Dec 18, 2014 5:26am
Quoting jstmzplsz
{quote} Morning Patron. London was a little sleepy. Only GJ have right volatility for me, and I'm still in
Thanks. I see.

It is very likely to get another wave upward.
Attached Image (click to enlarge)
Click to Enlarge Name: gj london.PNG Size: 105 KB
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  • #2,226
  • Dec 18, 2014 5:32am Dec 18, 2014 5:32am
Quoting Patron
{quote} Thanks. I see. It is very likely to get another wave upward. {image}
I'm counting on it However I see strong support on H4.
  • #2,227
  • Dec 18, 2014 5:36am Dec 18, 2014 5:36am
UJ comment...And lets move on (back to business)

FOMC news release "usually" (not always)....the movement will be the same direction for the next day...(FOMC release daily bull then the next day will be bull as well and vice versa)

BUT...with the range so far (Resistance @ 119.00 and Support @ 118.25) make me think what is the plan?

Any opinion?
While knowledge speak up, the wisdom listen down
  • #2,228
  • Dec 18, 2014 5:37am Dec 18, 2014 5:37am
I can not prove it now, through graphics, but I would ask prudence JPY pairs. Lately I get the impression that the corrective phase of which is not yet over. And it has come to my mind the 114.000 for the USDJPY.
I'm still not entirely clear, and still I can not prove, but it is a scenario that every time I see it more likely.
This is for us to have caution, and do not relax us.
Wave to wave, and system. The overall analysis is complicated, at least for me, for now.
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  • #2,229
  • Dec 18, 2014 5:41am Dec 18, 2014 5:41am
Quoting sam30
UJ comment...And lets move on (back to business) FOMC news release "usually" (not always)....the movement will be the same direction for the next day...(FOMC release daily bull then the next day will be bull as well and vice versa) BUT...with the range so far (Resistance @ 118.00 and Support @ 117.25) make me think what is the plan? Any opinion?
USDJPY
The plan for me is to wait. Go wave wave, under the protection of the DSS system. The overall analysis confuses me yet.
Certainly it is not mandatory to have open positions if the market is confused.
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  • #2,230
  • Dec 18, 2014 5:42am Dec 18, 2014 5:42am
Let's be aware of channel on H4
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  • #2,231
  • Dec 18, 2014 5:49am Dec 18, 2014 5:49am
I'm out of GJ for 74 pips.
I've stopped feel comfortable with it.
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  • #2,232
  • Dec 18, 2014 5:55am Dec 18, 2014 5:55am
Breakout?
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  • #2,233
  • Dec 18, 2014 6:04am Dec 18, 2014 6:04am
Quoting jstmzplsz
I'm out of GJ for 74 pips. I've stopped feel comfortable with it. {image}
Bravo...
While knowledge speak up, the wisdom listen down
  • #2,234
  • Dec 18, 2014 7:05am Dec 18, 2014 7:05am
Quoting jstmzplsz
I'm out of GJ for 74 pips. I've stopped feel comfortable with it. {image}
I congratulate you because you have earned salary.

But what I do not understand is the approach you take to the trendline on the RSI.
My approach is to combine high and low on price when the market is not lateral.
If lateral rather would draw support and resistance lines.

In this case, there has not been a new high, and have drawn a line I do not understand.
Now there has been a new high, and draw a line in the fractal of the same grade (or who I think is the same degree). That makes more sense to me.
Anyway do not do trading to the indicator, use it only as support to the price action, otherwise one day will give you a fright.
Attached Image (click to enlarge)
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  • #2,235
  • Dec 18, 2014 7:22am Dec 18, 2014 7:22am
UJ...scalp...will close before news
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While knowledge speak up, the wisdom listen down
  • #2,236
  • Dec 18, 2014 7:24am Dec 18, 2014 7:24am
Quoting sam30
UJ...scalp...will close before news {image}
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  • #2,237
  • Dec 18, 2014 7:37am Dec 18, 2014 7:37am
UJ +17, was at BE before the news.
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  • #2,238
  • Dec 18, 2014 7:41am Dec 18, 2014 7:41am
Quoting Patron
{quote} I congratulate you because you have earned salary. But what I do not understand is the approach you take to the trendline on the RSI. My approach is to combine high and low on price when the market is not lateral. If lateral rather would draw support and resistance lines. In this case, there has not been a new high, and have drawn a line I do not understand. Now there has been a new high, and draw a line in the fractal of the same grade (or who I think is the same degree). That makes more sense to me. Anyway do not do trading to...

I've drawn a line because I though that new higher low is enough. And I thought that breaking this line might indicate a retracement.
To be fair I have to say, that I know how to recognize divergences, the rest is testing blindly...
  • #2,239
  • Dec 18, 2014 7:55am Dec 18, 2014 7:55am
Quoting Patron
{quote} I congratulate you because you have earned salary. But what I do not understand is the approach you take to the trendline on the RSI. My approach is to combine high and low on price when the market is not lateral. If lateral rather would draw support and resistance lines. In this case, there has not been a new high, and have drawn a line I do not understand. Now there has been a new high, and draw a line in the fractal of the same grade (or who I think is the same degree). That makes more sense to me. Anyway do not do trading to...

I was wrong, tracing the bottom line of RSI, because he had only fallen a wave, and were required, at least three, to draw the line.
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  • #2,240
  • Dec 18, 2014 8:11am Dec 18, 2014 8:11am
Quoting Patron
{quote} I was wrong, tracing the bottom line of RSI, because he had only fallen a wave, and were required, at least three, to draw the line. {image} {image}
Ok, I've studied this cases and I understand it better now.

Thank you Patron, I can always count on you
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