Dynamic Scalp System | Page 126 | 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

  • #2,501
  • Jan 9, 2015 8:34am Jan 9, 2015 8:34am
Quoting Patron
{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,...
EURAUD H4

A few days ago we saw this pair. The conclusion was ... bearish.
Perhaps reaches the 62% retracement. We'll see when I get there how it behaves.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eapatron.PNG Size: 298 KB
Click to Enlarge Name: eahh462fibo.PNG Size: 128 KB
Donde hay Patron no manda Marinero
  • #2,502
  • Jan 9, 2015 8:42am Jan 9, 2015 8:42am
Quoting Patron
{quote} EURAUD H4 A few days ago we saw this pair. The conclusion was ... bearish. Perhaps reaches the 62% retracement. We'll see when I get there how it behaves. {image} {image}
I just realized that the downward wave is a wave of impulse so it must be the wave C.
Wave C can not know when it will end. Be measured in price at least 38% of wave A. It can also measure the 68% of the A, or 100%, even 168%, depending on the liquidity necessary to follow the Primary trend.
Attached Image (click to enlarge)
Click to Enlarge Name: eadabc.PNG Size: 134 KB
Donde hay Patron no manda Marinero
  • #2,503
  • Jan 9, 2015 8:47am Jan 9, 2015 8:47am
Quoting Patron
{quote} I just realized that the downward wave is a wave of impulse so it must be the wave C. Wave C can not know when it will end. Be measured in price at least 38% of wave A. It can also measure the 68% of the A, or 100%, even 168%, depending on the liquidity necessary to follow the Primary trend. {image}
EURAUD

expansión of wave A mesured on wave C...
Attached Image (click to enlarge)
Click to Enlarge Name: ea fibo expan.PNG Size: 119 KB
Donde hay Patron no manda Marinero
  • #2,504
  • Jan 9, 2015 9:19am Jan 9, 2015 9:19am
Ok, I'm done for today. However without daily target

Still, weekly target achieved and it's another good week for me with DSS.

Bye now
  • #2,505
  • Jan 9, 2015 9:22am Jan 9, 2015 9:22am
Quoting jstmzplsz
Ok, I'm done for today. However without daily target Still, weekly target achieved and it's another good week for me with DSS. Bye now
Bye
Donde hay Patron no manda Marinero
  • #2,506
  • Jan 9, 2015 12:14pm Jan 9, 2015 12:14pm
Quoting sam30
{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...
Leverage should be great is you have a small account, or if you have little capital. Otherwise intraday trading is that gives more benefits.
Donde hay Patron no manda Marinero
  • #2,507
  • Jan 9, 2015 2:32pm Jan 9, 2015 2:32pm
GBPJPY M5

RETRACEMENT +10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gjm5bol.PNG Size: 108 KB
Donde hay Patron no manda Marinero
  • #2,508
  • Jan 9, 2015 3:02pm Jan 9, 2015 3:02pm
Quoting Patron
GBPJPY M5 RETRACEMENT +10 pips {image}
Dear colleagues, it is clear that the trade executed in the previous post is not part of the system.
Spent a few days thinking of opening a thread where we can face those days when the market condition is difficult to establish, or is difficult to find a clear setup.
The system of this thread is superb and enough to earn a good pips every day, but needs some tendency to M5 are formed.
My idea is to face, through a system, against the trend or trend lateral.
My fears: language, or not explain well.
Donde hay Patron no manda Marinero
  • #2,509
  • Jan 9, 2015 3:38pm Jan 9, 2015 3:38pm
Quoting Patron
{quote} Dear colleagues, it is clear that the trade executed in the previous post is not part of the system. Spent a few days thinking of opening a thread where we can face those days when the market condition is difficult to establish, or is difficult to find a clear setup. The system of this thread is superb and enough to earn a good pips every day, but needs some tendency to M5 are formed. My idea is to face, through a system, against the trend or trend lateral. My fears: language, or not explain well.
In my opinion any new informations, tools, simply development are welcomed.
And if someone will be interested in learning new solutions, it is in his duty to ask three times until he or she understands.
  • #2,510
  • Jan 12, 2015 8:02am Jan 12, 2015 8:02am
Quoting Patron
{quote} Dear colleagues, it is clear that the trade executed in the previous post is not part of the system. Spent a few days thinking of opening a thread where we can face those days when the market condition is difficult to establish, or is difficult to find a clear setup. The system of this thread is superb and enough to earn a good pips every day, but needs some tendency to M5 are formed. My idea is to face, through a system, against the trend or trend lateral. My fears: language, or not explain well.
It would be amazing Patron.
  • #2,511
  • Jan 14, 2015 2:08am Jan 14, 2015 2:08am
i will make a trader explorer as my journal to be a millionaire with live account and real time

will see and thanks

regards

sam30
While knowledge speak up, the wisdom listen down
  • #2,512
  • Jan 14, 2015 6:20am Jan 14, 2015 6:20am
Quoting sam30
i will make a trader explorer as my journal to be a millionaire with live account and real time will see and thanks regards sam30
Before i restarted the thread i would like to express my gratitude and thanks for all contributor and readers of this "little" thread

Then lets jump into the simple logic as the DSS system created from the basic again. The type of this system is trend follow with help from Higher TF analysis.with signal on 5M TF.

The logic is simple :
if the market is trending you expected will get it along the movement with several re entry or add entry for leverage up(its easy to said then to done-in practical).

If the market is ranging you expected will only got it 50 % or less from the total potential movement and let the rest 50% chance as its not for you (to make you discipline).

Just follow this simple logic until you grow up the equity and then we will take to the next level for CT (counter trend trade as well) --by learning when we let 50% or more we not to take before.

I hope it clear and we will make it from the start.

cheers and have many pips guys

anyways....congrats for short UJ as we have it as alternative scenario as well. the wave to wave is really the answer.

thanks
While knowledge speak up, the wisdom listen down
  • #2,513
  • Jan 14, 2015 6:53pm Jan 14, 2015 6:53pm
Greetings, I'm still lurking here.

My attempt to use M15 instead of M5 didn't work !!!!!!!!!!!! so I'm back to M5 (the original and the best M when using DSS !!!!!).
I was trying M15 because I cannot watch my trades during the day due to work.

Because I now only use M5, I have now changed my approach to only trade as follows:

a) When I am home in the evening (18:00gmt to 23:00gmt).
b) Also, I sometimes trade the M5 chart during my lunch break - and use the M2 or M1 chart to find entry and exit. I have had some quick scalps at 12:00 gmt to 13:00 gmt.

Interestingly, this week I also get many good setups after 18:00. This was a big surprise because I assumed the close of NY and waiting for the Asia session would be very few opportunities for DSS.
  • #2,514
  • Jan 29, 2015 1:46pm Jan 29, 2015 1:46pm
My first publications with this system.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eam5.PNG Size: 84 KB
Click to Enlarge Name: ejm5.PNG Size: 118 KB
  • #2,515
  • Jan 30, 2015 2:20am Jan 30, 2015 2:20am
GJ

closed for 61 pips gain
Attached Image (click to enlarge)
Click to Enlarge Name: gjm5.PNG Size: 99 KB
  • #2,516
  • Feb 2, 2015 3:01am Feb 2, 2015 3:01am
Quoting greenline
Greetings, I'm still lurking here. My attempt to use M15 instead of M5 didn't work !!!!!!!!!!!! so I'm back to M5 (the original and the best M when using DSS !!!!!). I was trying M15 because I cannot watch my trades during the day due to work. Because I now only use M5, I have now changed my approach to only trade as follows: a) When I am home in the evening (18:00gmt to 23:00gmt). b) Also, I sometimes trade the M5 chart during my lunch break - and use the M2 or M1 chart to find entry and exit. I have had some quick scalps at 12:00 gmt to 13:00...
Good to see you still lurking here....Greenline. Will see your result again
While knowledge speak up, the wisdom listen down
  • #2,517
  • Feb 2, 2015 3:02am Feb 2, 2015 3:02am
Quoting acertaste
My first publications with this system. {image} {image}
Nice entry and exit....
While knowledge speak up, the wisdom listen down
  • #2,518
  • Feb 2, 2015 3:46am Feb 2, 2015 3:46am
heavy space for short UJ with SL 117.95, target could be 117.00 area @ minimum....will see
While knowledge speak up, the wisdom listen down
  • #2,519
  • Feb 2, 2015 10:17pm Feb 2, 2015 10:17pm
Quoting sam30
heavy space for short UJ with SL 117.95, target could be 117.00 area @ minimum....will see
Well....two times UJ reach near 117.00.....its mean when i play demo everything is fine and when i play real account everything is not good xo xo xo.

For me :- not difficulties that make my fear BUT fear that make my difficulties.
While knowledge speak up, the wisdom listen down
  • #2,520
  • Feb 3, 2015 2:18am Feb 3, 2015 2:18am
Quoting sam30
{quote} Nice entry and exit....
Thank You. Merit is of the system.
1 trader viewing now