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Scalp, scalp, scalp

  • #4,041
  • Jan 4, 2016 1:11am Jan 4, 2016 1:11am
Hi diceman,

Nice trades, always. Have never traded spread betting myself, but it looks very interesting.

May I ask a question here? You may have already disclosed but despite quite a bit of reading of your past posts, I have not yet encountered the answer. My question is, what are the colored horizontal lines (levels) drawn on your chart? Do you draw them manually or are they indicator based? Seems you trade around those lines, although your trades are not shown (marked) on charts and therefore I am only guessing. Additionally, you lately have the 45 degrees gann-angle like lines in black. What are those and how do they help your trading decisions?

If these are propiatery, I will take it and you will have your peace.

Otherwise, I would much appreciate your kind response.

Regards,
toppo
  • #4,042
  • Jan 4, 2016 3:23am Jan 4, 2016 3:23am
scalping from that initial lower convergence zone ,1 hour av 14771 ,taking profit at the 15 min s high,if price breaks below the 15 min s h ,will look at shorting ,above hour av long,waiting news release,9.30

looking for possible spike up to the converged zone,anways spectator until more revealed .
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  • #4,043
  • Jan 4, 2016 6:54am Jan 4, 2016 6:54am
Quoting diceman555
scalping from that initial lower convergence zone ,1 hour av 14771 ,taking profit at the 15 min s high,if price breaks below the 15 min s h ,will look at shorting ,above hour av long,waiting news release,9.30 looking for possible spike up to the converged zone,anways spectator until more revealed . {image}
the spike up cleared the converged zone stalling just below wkly,like a giant hoover sucking the liquidity,im on shorts looking to see if the 15 min breaks down from the spike zone 52 level,waiting for n/y to throw there hand.
Attached Image (click to enlarge)
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  • #4,044
  • Jan 4, 2016 6:56am Jan 4, 2016 6:56am
Quoting toppo qqq
Hi diceman, Nice trades, always. Have never traded spread betting myself, but it looks very interesting. May I ask a question here? You may have already disclosed but despite quite a bit of reading of your past posts, I have not yet encountered the answer. My question is, what are the colored horizontal lines (levels) drawn on your chart? Do you draw them manually or are they indicator based? Seems you trade around those lines, although your trades are not shown (marked) on charts and therefore I am only guessing. Additionally, you lately...
hi toppo,

will reply when things settle a little,

thanks for your post
  • #4,045
  • Jan 4, 2016 8:43am Jan 4, 2016 8:43am
perfect market synce

risk appetite 0
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  • #4,046
  • Jan 4, 2016 8:48am Jan 4, 2016 8:48am
Quoting diceman555
perfect market synce risk appetite 0 {image} {image}
excellent trade on GU!
As Above, So Below
  • #4,047
  • Jan 4, 2016 9:19am Jan 4, 2016 9:19am
closed one cable short at round no 00 for 86 pips,2nd short left open stop at 57 level + 17
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  • #4,048
  • Jan 4, 2016 9:24am Jan 4, 2016 9:24am
Quoting diceman555
closed one cable short at round no 00 for 86 pips,2nd short left open stop at 57 level + 17 {image}
me too out @ 1.4702
closed all position
Thanks for your advice.

2: 24 am in Australia now

going to bed and see you tomorrow with new plan
  • #4,049
  • Jan 4, 2016 9:28am Jan 4, 2016 9:28am
good trading anwaarkhan,yes good closing level,

catch ya tomorrow

  • #4,050
  • Jan 4, 2016 10:24am Jan 4, 2016 10:24am
closed 2nd short at 66 , a 100 plus pips

se ya
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  • #4,051
  • Jan 5, 2016 4:04am Jan 5, 2016 4:04am
Hi mate,

How's you doing?
  • #4,052
  • Jan 5, 2016 7:19am Jan 5, 2016 7:19am
continued

looking to see if any buying hits as n/y kicks in,from around this 15 min s l,profit target yesterday

will recalculate interest from a lead as an when it materializes
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  • #4,053
  • Jan 5, 2016 7:21am Jan 5, 2016 7:21am
Quoting anwaarkhan
Hi mate, How's you doing?
hi,

ive been patiently waiting to see what comes in from these present levels,especially on the buy side
  • #4,054
  • Jan 5, 2016 7:27am Jan 5, 2016 7:27am
i am testing the water with a buy at 76 level
  • #4,055
  • Jan 5, 2016 7:29am Jan 5, 2016 7:29am
Quoting diceman555
i am testing the water with a buy at 76 level

was short @ 75 and stopped out now at BE
  • #4,056
  • Jan 5, 2016 7:31am Jan 5, 2016 7:31am
Quoting diceman555
{quote} hi, ive been patiently waiting to see what comes in from these present levels,especially on the buy side
probably not until 1.4600 hit. not seeing any buying interest yet. but it may be worth to start positioning from these levels.
As Above, So Below
  • #4,057
  • Jan 5, 2016 7:32am Jan 5, 2016 7:32am
will monitor the open with little risk appetite at present,im directed by flows in and out of related pairs,
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  • #4,058
  • Jan 5, 2016 7:42am Jan 5, 2016 7:42am
Quoting tashkent
{quote} probably not until 1.4600 hit. not seeing any buying interest yet. but it may be worth to start positioning from these levels.
i dont disagree tash,

the market has stalled at these lows across the board,and yes i cant see any buying as yet but a small tester to focus me ,.1 min h/h ,s so whilst that remains intact ill stick.this is 1 min .

certainly if price breaks down below 60 level i would certainly short scalp.14590 is next lower converged lzone.
  • #4,059
  • Jan 5, 2016 7:46am Jan 5, 2016 7:46am
1 min
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  • #4,060
  • Jan 5, 2016 7:48am Jan 5, 2016 7:48am
certainly a little buying comming in
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