Dynamic Scalp System

Quoting jstmzplsz

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EA -23 It was CT and I was to greedy I guess. After 20 pips in profit, price was rejected from dynamic support and moved down quickly. Any comments appreciated {image}

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Quoting jstmzplsz

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GJ +19 {image}

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Quoting Patron

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{quote} Sam30, I read several times and carefully, the post you propose as an alternative scenario, and either I do not understand either the arguments there have neither feet nor head. Maybe I do not understand. Could you clarify? Because maybe I miss something and you you can help me. The only thing I got clear is that the supports become resistances and vice versa. That everyone knows, but is insufficient to make trading decisions. In addition, S & R are subjective and need to be accompanied by volume and wave analysis. Then he tells us that...

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Quoting Patron

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{quote} I have to complete the previous post. In my early days, many years ago, I tried the type of trading proposed in that thread. It is a trading works, but not gives to pay the bills. Functions to maintain the account, a little higher, a little lower, but is insufficient for me. I proposed the "guru" who taught me that wise and simple system ", adding a signal more the system, as the analysis of the wave. I got out of that system, and started doing scalping. But still doing analysis Big Picture and followed the "guru" to see how that system...

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Quoting jstmzplsz

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EA -23 It was CT and I was to greedy I guess. After 20 pips in profit, price was rejected from dynamic support and moved down quickly. Any comments appreciated {image}

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Quoting Patron

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{quote} I have not analyzed this pair today. But it strikes me that entering fifth wave, at a given level, you have to close soon (if scalping), and come back later if the market returns to give input. Additionally there is a little trick that works with high efficiency, which is that when you see a very fast wave, think the price will go back through there, because they have been many orders unfilled because the smart money never comes when the speed is high. That kind of fast waves, I treat them as if they were gaps. There are exceptions, of course,...

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Quoting sam30

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{quote} My view on EA (first time i analysis this pair...no the second time after i comment Patron trade in past time --i dont remembers) I will long by place long pending order above 14550 and place entry based DSS 5M (posibility to make fakeout or false break around support level)...why? because by break that level...it will be huge short to the bottom on daily support @ 12450....that i dont think as scenario right now SL a bit below 14490 area. Or better waiting after news settle the dusts. Anyway, you more know how to do and what should to do...

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Quoting jstmzplsz

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{quote} I have no idea about waves counting in this case. Could you help me with this Patron? In your free time {image}

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Quoting sam30

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{quote} For the point you expressed, i totally agree... As you see the DSS set up is based scalp purpose...in the manner of paying bills and traders who likes scalp usually (not always and not suspect on you as personal-just my experience) is high risk or high leverage to get profit as huge and as quick as possible (this is my favor) The big picture analysis is to help where we are and where we will go--swing trade several/most of them-- make me hold entry several days even weeks (my UJ short case) has taught me to focus on daily target as you said...

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Quoting Patron

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USDJPY M5 Analysis explained in previous posts ... {image}

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Quoting jstmzplsz

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{quote} I'm not trading before NFP, and I think that I still won't be in future. But your results are... WOW

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