Scalp, scalp, scalp

hi luciano,if you calculate the the average price of the the monthly using the och and low from the last closed month .repeat for the wkly and daily,the 4 hour hour is calculated from the first lead candle from range and remains active until either the high or low extension is completed which i refer to as a cycle,add the hour and 15 min ,i trade from 15 min cycles from a 1 min chart and use the 1 min lead as a possible entry.

the best set up for scalping are from converged levels were the lower t/f,s converge with the longer term t/f,s .these are good entry points .for joining a continuation of price or a scalp and possible reversal.

the value changes are used as an forward entry and exit through monitoring the flows.the values also determine if the market is ranging or in agreement and trending.you can also determining the market as a wholes stalling point.this is used for break outs.or price manipulations.

the high above price and the low below price are forcasting the next averaged price.

as you can see trying to demonstrate this through pen in one page is very dificult .it is a complete trading method and a lot of work which results in a reasonably good understanding of price structure.

i will post some a to b trades on what i do.the problem is that im trading the now moment which can change in the next moment ,you see the problem.my last two trades i made are against the overall market ,shorts ,but my reason for this is the levels price has reached ,above this last level is the gap in price from the wkd.each average price level has had very straight 30 pip + retraces ,i can trade into the lows for a larger reversal concidering the resistance before the gap fills.i will look to trade long if price holds above that last level and would then expect the gap to fill quickly.the values around each level have given me the stall point across the market,thats my indication to have confidence in the short .equally if i was trading this trend today up those same values would have directed me as to hold scalp ,but to be honest i missed the oppurtunity of a long position through a bias which i should not have.you see its not a sell here or buy ther its reading the price and taking pips regardless .

i hope you get some of this but im sure ive confused you more ,

Thanks for the answer.. you have cleared some doubts and i will start to put pieces togheter. . Thanks again!

here is the 1 min chart i trade of and the 15 min to illistrate what i was trying to say.

now the thing to ask your self our these levels drawn from the left over lows ,highs and gap ,no they are calculated from the price structure and forcast the the levels not yet printed.they are mapping using the past price structure and its limitations

the average price is past ,the forward forcast is the futer average price

the last line of resistence held and the limited risk to trade this allowed to test the previous lows one by one,this is were you look at the higher time frame ,s and recalculate .the 15 min and 1 hour completed ,the values would have supported your short to hold .

My averages are different, you said calculate the averages using high and low of the candle, that would be adding the high plus the bottom then divided by 2.. am i right?
and what does it mean when you say "first lead candle form range"?.

sorry about the cuestions... still trying to realize stuff. With the averages.. do you draw only the averages of the candle that closed?.. or the ones before those too?

open ,high low and close prices added and then divided by 4,monthly static,weekly static,daily static meaning calculated every change,below are from lead candles.

lead candle ,engulfing candle clearing range

the closed candle,
monthly
weekly
daily.

these only change when they close

good stuff

testing the water with a short from 86

stop placement b/e 86 level

closed 58 at that busy zone, 27 pips

back short 50

monitor the open price ,max 7 pip stop ,the shift in values not so favourable

Morning Diceman. Did you take that short from 86 earlier because the price was close to 1.3500?

not specificully ,as i said yesterday i was shorting from same level or their abouts,im trading short with the gap resistence from the wkend.and the entries are taken from the stalling point across the market ,its the collective market resistence.

ive taken 3 shorts this morning 2 from the 88 and 92 which payed well,the other short was not ideal in entry and i was not prepared to increase my risk with dd although the trade turned in my favour.i would rather give the market 7 to 10 pips than risk 20 to 30 as the next unfolding moments are irelevent to my initial reason for entry .i dont want to play hope only fact

price found support at the converged levels shown on chart,that was my target zone ,but my task is to trade into that ,at the rejection of the highs (resistence)limiting my risk and taking some pips out of the market on occasion its simple and price just drops to that converged level ,today has been trickier and i have had to grab pips and give a few back until the last short which done as i anticipated.the next moment is not known but the information at hand can assist in trade managment

Got it.. thanks!

the present cycle if unhindered completes at 95 ,which is our highs ,converged resistence,its at these highs that you should see if the overall market is stalling and falling off or trading through .

the present price should also be monitored at 70 ish ,concidering the highs have reduced from yesterday of every push into that gap (resistence)this could prove to be the turning point in this declining range,and im going to have a test with it at 70

here is the chart ,you can see how many elements im using to take trades

i have now got my stop at b/e and will manage according to the values .(flows)