Attention Please! After hitting 5/6 pips tp you may think many things when you saw below images. But it is scalping. You must consider Fibo SR, TL, Natural SR (Whole, half, quarter number) Consolidation area. Trend line formation (H,L,LH,LL and L,H,LH,HH) and many more................ Then make your decision... You will be successful today or tomorrow. Thanks. {image} {image}
{quote} Exactly, and that is why learning and becoming proficient at PVSRA scalping is a difficult journey as so many variables to consider very quickly. IMO, study, practice and screen time are all a must, no short cuts allowed as the market is not forgiving....
{quote} Definitely, Forex is not get rich quick scheme. First learn, then earn..................(to the newbie trader with great honor) Thanks
{quote} Exactly, and that is why learning and becoming proficient at PVSRA scalping is a difficult journey as so many variables to consider very quickly. IMO, study, practice and screen time are all a must, no short cuts allowed as the market is not forgiving....
, Nothing Worth Having Comes Easy. {quote} Definitely, Forex is not get rich quick scheme. First learn, then earn..................(to the newbie trader with great honor) Thanks
Quick FIFO is an example entry. {image}
UJ, M1 News scalps + 415 and +295= +710 Normally don't trade news as too risky, but tried an idea I have had today and it worked alright. {image} Nice result.
High news coming on NU {image}
{quote} Yes, but crazy stress and don't think I'll do that for awhile....no talent there, like throwing darts....just got lucky but always wanted too try...
{quote} Yes, always risky to trade on such big news like NFP, FOMC, Cash rate decision etc.............. My opinion: Look higher TF before news release. Higher TF gives more clue. But it is true no technical works at the time of big news if anyone follow lower TF. Thanks
This is gambling not trading.....
UJ FIFO +5.1pips - Expected turn from 61.8 retracement, structure and 50EMA zone. {image}
