Scalp all the way... | Forex Factory

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Scalp all the way...

  • #1
  • First Post: Edited Jun 4, 2015 10:59am May 11, 2015 8:45am | Edited Jun 4, 2015 10:59am
I am fed up of the usual crap and slandering free loaders on FF.

I am not ignoring people as I a closing the thread down.

I will no longer be posting here anymore as people are opening threads and targeting abuse. Please come to www.mrfunkymonkey.com and post and discuss on there.
  • #2
  • May 11, 2015 9:06am May 11, 2015 9:06am
We follow the 1 hour... GREEN... BUY
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  • #3
  • May 11, 2015 11:22am May 11, 2015 11:22am
its all about the interest rates duh!!!
  • #4
  • May 11, 2015 3:05pm May 11, 2015 3:05pm
Quoting FunkThatPunk
Hello, Ok this is just a test/demo account that I playing with. Trade: I follow 1 hour indication. Trade UK and US markets 1 Trade a day High Leverage Auto trade - takes out psychological aspect (EA is not a 24/5 always on) Lets see what happens... 5% for today. Done for the day, next trade, tomorrow. Thanks!
Hi, Funk

Your trading plan and tools sound logic and needed test.

just a question by trowing 3 times with 10 lots with so close distance. its potential divergence in hourly chart but you have send all your arsenal to market...(just my 2cent).

Hope for the best for you..
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While knowledge speak up, the wisdom listen down
  • #5
  • May 12, 2015 3:01am May 12, 2015 3:01am
Ok Closed out a short and also one's held from last night.

We get GREEN bars and and small RED bars, this means whip saw.

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  • #6
  • May 12, 2015 3:53am May 12, 2015 3:53am
Quoting sam30
{quote} Hi, Funk Your trading plan and tools sound logic and needed test. just a question by trowing 3 times with 10 lots with so close distance. its potential divergence in hourly chart but you have send all your arsenal to market...(just my 2cent). Hope for the best for you.. {image}
Hi Sam,

At present, I am testing a couple of things, nothing major... before I fine tune and use MM, which is my next step.

Thanks,
Funk
  • #7
  • May 12, 2015 3:57am May 12, 2015 3:57am
Ok it is still a sell... if you were to follow indicators... but with new highs, I am waiting for hour to finish and we should be in a buy area with precaution.
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  • #8
  • May 12, 2015 5:23am May 12, 2015 5:23am
Ok... buy with caution... we are selling when we are making highs.

Trading is a case of being on the right hand side of the trade.

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  • #9
  • May 12, 2015 6:14am May 12, 2015 6:14am
Ok... so lets look at 5 min chart, at is making highs, we sell into it:

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Why... cause if you look at the indicator... weak buying... more selling.

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  • #10
  • May 12, 2015 8:43am May 12, 2015 8:43am
Ok that is enough for today! Plenty of pips to all!
  • #11
  • Edited 1:10pm May 12, 2015 8:52am | Edited 1:10pm
Ok... one last trade.. could not help it!

And no, the indicator does not repaint

:-) took me 7/8 years to get to here!

Here is the 5 min chart... new highs, SELL

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Here is the 1 Hour chart, GREEN, weak BUYs, RED, strong SELLs

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  • #12
  • May 12, 2015 1:21pm May 12, 2015 1:21pm
Ok 5 min... quick scalp...

5 min chart...

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1 hour chart... weak BUY and as price gets higher SELL

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  • #13
  • May 12, 2015 1:39pm May 12, 2015 1:39pm
I will explain what I have found...

The biggest.... biggest thing! It is about being on the right hand side of a trade a one that stays in a positive value and not negative value and we can take some crumbs... I would not trade 10 lots, I am just testing and evaluating.

How many times do you buy and moves south... how many times do you sell and it moves up... the proof is in the pudding...

Do you like my pudding? lol
  • #14
  • May 12, 2015 1:44pm May 12, 2015 1:44pm
nice thoughts out there and great results. are u willing to share your mtf high low indicator?
so you are basically looking at H1 timeframe and the high low indicator and pick your entry on M5?
  • #15
  • May 12, 2015 1:49pm May 12, 2015 1:49pm
The indicator works mos best on 1 Hours and higher....

Look a the Daily chart.

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Weak SELL, now imagine buying at the lows of those down candles?

Price is still going up.
  • #16
  • Edited 2:15pm May 12, 2015 1:52pm | Edited 2:15pm
Quoting Hoffi4201
nice thoughts out there and great results. are u willing to share your mtf high low indicator? so you are basically looking at H1 timeframe and the high low indicator and pick your entry on M5?
Hi Hoffi4201...

I have been thinking about what to do... I am still thinking, I have spent 7/8 years developing this... a lot of hard work, sweat, tears and loss of money has gone into this... I hope you appreciate.

Yes I look at higher time frames for the indicator and I do not look at the indicator for the 5 min... just price.

Thanks,
Funk
  • #17
  • May 12, 2015 1:54pm May 12, 2015 1:54pm
Account of £10K... 30 hours old.

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  • #18
  • May 12, 2015 2:19pm May 12, 2015 2:19pm
Quoting FunkThatPunk
{quote} Hi Hoffi4201... I have been thinking about what to do... I am still thinking, I have spent 7/8 years developing this... a lot of hard work, sweat, tears and loss of money has gone into this... I hope you appreciate. Yes I look at higher time frames for the indicator and I do not look at the indicator for the 5 min... just price. Thanks, Funk
Hi Hoffi4201,

I have PM's about the indicator/EA's in my inbox... and before anyone starts to troll me... some people want to lease the indicator... like I say have I have been through 7/8 years of losses, hard work and at the moment I am not sure what to do. I have not put too much thought into anything at the moment, but will have a think about it.

Thanks,
Funk
  • #19
  • May 12, 2015 2:36pm May 12, 2015 2:36pm
ok sure thing. keep on going with your thread
  • #20
  • May 12, 2015 2:39pm May 12, 2015 2:39pm
Quoting Hoffi4201
ok sure thing. keep on going with your thread
Thanks mate... I will do... I just want to see how I can push this! Let's see what happens...

Tomorrow we will hopefully look to buy... but let's see what tomorrow brings.

Monthly highs are insight and GBP is pretty strong at the moment.

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