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Atheer's scalping method 1

  • #581
  • Apr 22, 2016 10:56am Apr 22, 2016 10:56am
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atheer1
  • #582
  • Apr 22, 2016 11:07am Apr 22, 2016 11:07am
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  • #583
  • Apr 22, 2016 11:19am Apr 22, 2016 11:19am
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  • #584
  • Apr 22, 2016 11:30am Apr 22, 2016 11:30am
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  • #585
  • Apr 22, 2016 11:42am Apr 22, 2016 11:42am
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atheer1
  • #586
  • Apr 23, 2016 5:52am Apr 23, 2016 5:52am
Atheer, many of us scalpers appreciate your thread. I am hoping you would take a few minutes and look at my comments on your charts. Could you give a bit more detailed reasons for entering the trades you are posting and why you would not enter the ones I have pointed out? Again, good to see other PA scalpers helping others.
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  • #587
  • Apr 23, 2016 8:17am Apr 23, 2016 8:17am
Quoting jamesr24
Atheer, many of us scalpers appreciate your thread. I am hoping you would take a few minutes and look at my comments on your charts. Could you give a bit more detailed reasons for entering the trades you are posting and why you would not enter the ones I have pointed out? Again, good to see other PA scalpers helping others.{image}{image}{image}{image}{image}{image}
jamesr24,
I dont think you understand the "type one candle", that is the first candle in the setup!
Read post 562, it took me a while to understand also......

/Nikki
  • #588
  • Apr 23, 2016 12:33pm Apr 23, 2016 12:33pm
Quoting jamesr24
Atheer, many of us scalpers appreciate your thread. I am hoping you would take a few minutes and look at my comments on your charts. Could you give a bit more detailed reasons for entering the trades you are posting and why you would not enter the ones I have pointed out? Again, good to see other PA scalpers helping others.{image}{image}{image}{image}{image}{image}
Hello every one,
Hello Jamers24,

The problem with all the setups you highlighted:

either the 1st candle is not type one
or the 2nd candle is not reaching the high of the 1st

you have to understand what is a type 1 candle to clear the picture for you
atheer1
  • #589
  • Apr 23, 2016 12:36pm Apr 23, 2016 12:36pm
Quoting nikki
{quote} jamesr24, I dont think you understand the "type one candle", that is the first candle in the setup! Read post 562, it took me a while to understand also...... /Nikki
Have a nice week end nikki

Thanks for your answer
atheer1
  • #590
  • Apr 23, 2016 12:56pm Apr 23, 2016 12:56pm
Quoting atheer1
{quote} Have a nice week end nikki Thanks for your answer
Have a nice weekend you to !
Glad to help!
/Nikki
  • #591
  • Apr 24, 2016 2:40am Apr 24, 2016 2:40am
Hi Atheer,
I would like to know which broker you use?
Going through your examples I can see that it seems to make a huge difference which broker you have.
I dont have the same setup (LT1C, 1min) as you and the result is not the same at all on my broker.....

/Nikki
  • #592
  • Apr 24, 2016 3:33am Apr 24, 2016 3:33am
Quoting nikki
Hi Atheer, I would like to know which broker you use? Going through your examples I can see that it seems to make a huge difference which broker you have. I dont have the same setup (LT1C, 1min) as you and the result is not the same at all on my broker..... /Nikki
fxpro
atheer1
  • #593
  • Apr 24, 2016 3:38am Apr 24, 2016 3:38am
Quoting atheer1
{quote} fxpro
Ok, thanks!

/Nikki
  • #594
  • Apr 25, 2016 2:11am Apr 25, 2016 2:11am
Hi Atheer, thx for sharing your setups! I made my first two trades today with it and I hope, I understood everything correctly. Can you explain how you exactly manage your trade? In this area I have a lot of problems... Is there a good way to trail the trades? Should we go for a special R:R? I hate (I think we all) to see a trade move 20 Pips in profit - and then it drops down to BE... (see below USDCAD-Trade) You wrote minimum 1:2 RR - is this the most profitable way? Thx for your patience with us!

P.S.: I took this LT1C-Setups, but waited for the second candle to close... is this stupid? Or do I have a "more secure" trade for the cost of 1-2 additonal Pips, because I'm later in the trade?

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  • #595
  • Apr 25, 2016 2:19am Apr 25, 2016 2:19am
Quoting Wido24
Hi Atheer, thx for sharing your setups! I made my first two trades today with it and I hope, I understood everything correctly. Can you explain how you exactly manage your trade? In this area I have a lot of problems... Is there a good way to trail the trades? Should we go for a special R:R? I hate (I think we all) to see a trade move 20 Pips in profit - and then it drops down to BE... (see below USDCAD-Trade) You wrote minimum 1:2 RR - is this the most profitable way? Thx for your patience with us! P.S.: I took this LT1C-Setups, but waited for...
Hi all, hi atheer,

Thanks for this thread. Extremely clear.

My comment, please correct me if i'm wrong. As far as I have read, both charts do not follow LT1C setup as the first candle is not type 1 (correct?).
They are valid setups as:
- 1st one is a method 3 setup
- 2nd one is, ups, i was going to say method 1, but the max is not a bear candle. So I am not sure.

Happy pips

gonso
  • #596
  • Apr 25, 2016 3:29am Apr 25, 2016 3:29am
Quoting Wido24
Hi Atheer, thx for sharing your setups! I made my first two trades today with it and I hope, I understood everything correctly. Can you explain how you exactly manage your trade? In this area I have a lot of problems... Is there a good way to trail the trades? Should we go for a special R:R? I hate (I think we all) to see a trade move 20 Pips in profit - and then it drops down to BE... (see below USDCAD-Trade) You wrote minimum 1:2 RR - is this the most profitable way? Thx for your patience with us! P.S.: I took this LT1C-Setups, but waited for...
It looks like you missed the first thing......
The lines!
If you dont have them, how can you even look for a valid setup?

How to classify a candle as type one

*** 1st we should have our lines to do so
*** In one minute our horizontal lines are at one pip intervals
*** look at the candle open it should be between 2 horizontal lines(not at the lines)
*** look at the body is it green,so we look for the lower wick is it extending to zones(1 pip intervals) other than that of the open so OK it is a type 1 bullish candle
*** look at the body is it red, so we look for the upper wick is it extending to zones(1 pip intervals) other than that of the open so OK it is a type 1 bearish candle

/Nikki
  • #597
  • Apr 25, 2016 3:54am Apr 25, 2016 3:54am
Thx for your answers! How do I get the lines? I took the tpl von atheer and checked, that the open of the open candle is between two pips (= two lines). Did I miss how we draw the lines?
  • #598
  • Apr 25, 2016 4:05am Apr 25, 2016 4:05am
Quoting Wido24
Thx for your answers! How do I get the lines? I took the tpl von atheer and checked, that the open of the open candle is between two pips (= two lines). Did I miss how we draw the lines?
You need the indicator to !
Attached File(s)
File Type: mq4 SweetSpots GOLD.mq4   4 KB | 278 downloads


/nikki

P.s. The indicator draw the lines
  • #599
  • Apr 25, 2016 4:30am Apr 25, 2016 4:30am
Super! Thx a lot, nikki!
  • #600
  • Apr 25, 2016 4:32am Apr 25, 2016 4:32am
Quoting Wido24
Super! Thx a lot, nikki!
You are welcome!
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