UJ FIFO sccalp +9 (avg. +4.3) Explanation on chart as another small slow NY time scalp & closed at half number area as short term support...
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- #1,561
- Mar 2, 2016 12:58pm Mar 2, 2016 12:58pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
- #1,562
- Mar 2, 2016 3:22pm Mar 2, 2016 3:22pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ M5 Scalp +24 (avg. +8) Explanation on chart....
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- #1,564
- Mar 2, 2016 8:50pm Mar 2, 2016 8:50pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
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- #1,569
- Mar 3, 2016 8:59am Mar 3, 2016 8:59am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
All....nice pips....
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- #1,570
- Mar 3, 2016 9:06am Mar 3, 2016 9:06am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 Very FIFO scalp (about 10 seconds) +13 (avg. +6.4) Charts tells all as just got here and grabbed this quick trade........
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- #1,572
- Mar 3, 2016 9:22am Mar 3, 2016 9:22am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
UJ: + 4.2 pips {image}
Nice...you traded UJ perfectly with those high momentum entries...bearish candles & volume...was just a little risky entering the one at the PVT as could have been support, but the momentum carried you to t/p......
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All....nice pips....
One question: How do I get the numbers on the chart? Had a look at the settings in Access Panel but could not find the setting.
- #1,574
- Edited 10:09am Mar 3, 2016 9:38am | Edited 10:09am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} Thanks. Really great system/methodology . My results improved a lot (although still on demo) by watching the trades of the senior members. Big thanks to all. One question: How do I get the numbers on the chart? Had a look at the settings in Access Panel but could not find the setting. {image}
Sniper1310,
Install this little indicator and it will appear over the Access Panel levels...I would have uploaded this one earlier but it's on all of my charts and forgot about it being there.......even though we know the levels by the colors, it's nice to see the numbers as well and thanks for reminding me.....
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{quote} Sniper1310, Install this little indicator and they will appear over the Access Panel levels...I would have uploaded this one earlier but it's on all of my charts and forgot about it being there........
- #1,577
- Edited 10:29am Mar 3, 2016 10:17am | Edited 10:29am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M15 +10 (avg. +3.4) Late entry on this one as high risk to close to RDH but entered on EUR strength & just wanted out of this....sometimes it's better to be lucky then good.......
Note: This is a good example of trading with high momentum. Many times it will carry you to profit or BE and save your butt even with a bad entry.....
Note: This is a good example of trading with high momentum. Many times it will carry you to profit or BE and save your butt even with a bad entry.....
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My last move of the day. Explanation on chart. I had the entry-exit mark disabled when I took the screen-shot and didn't want to re-edit everything so I just drew a bracket where the entry/exit was.
I've only been demoing this system for a few days, so it could be a solid move, or it could be the dumbest move ever made. You tell me
I've only been demoing this system for a few days, so it could be a solid move, or it could be the dumbest move ever made. You tell me
- #1,580
- Mar 3, 2016 11:17am Mar 3, 2016 11:17am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
cigar guy i have a question how do you deal with loss when a trade went against you do you have some rules for that because im making alot of small pip trades but loose large when im wrong
I manage each trade like a hawk with my EA set to close at 5+/- pips. Prior to entering on M1 I look at higher t/f's M5 or M15 for retraces and then drop down to M1 for a high probability good momentum entry per PVSRA rules.
Entries should be made per PVSRA rules and of course exits are left to the traders discretion. I use e mental stops except for a 20 pip emergency stop in case of an outage etc. If the entry is per PVSRA rules with good momentum losses will be small as evidenced here as posts indicate.
Most here will post losers as well as winners and not for bragging rights but for all to learn.....
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