Scalping video journals with a semiautomatic technic - page 6

 

High probability setups London open - New York

I have the whole dialogs for today scalping through the ranging London open to New York to saw you how I handle the ranging conditions and how I am handling the trending conditions.We continue from were we stopped in the live trading room with hours of entering the limit orders conditions and detailed charts[11:25:57] Basil-kodikos says: new signal in gj and the limit order[11:25:59] Basil-kodikos says:[11:28:14] Basil-kodikos says: this is counter trend trade with increased risk[11:33:19] Basil-kodikos says: placing limit orders give you the time to schedule your trade with minimized risk[11:35:40] Basil-kodikos says: new possible trade long limit order in 15[11:35:49] Basil-kodikos says: signal in 25[11:43:23] Basil-kodikos says: I have missed gj so I am cancelling the limit order limit in 191,34 price 191,72 gu limit order still valid 1,5115 price in 1,5526[12:18:00] Basil-kodikos says: limit order long gu is valid and entered[12:22:03] Basil-kodikos says:[12:44:25] Basil-kodikos says: opposite signal appeared closing at be[12:44:27] Basil-kodikos says: [12:44:32] Basil-kodikos says: entry short now[12:46:04] Basil-kodikos says: new short entry in ranging gu this is the way we handle ranging conditions[12:46:06] Basil-kodikos says:[13:23:53] Basil-kodikos says: Closed at break even again plus spreadÂ* because opposite signal long appeared again.We are long again, GBPUSD result this morning with all these breakeven trades and one profitable scalp in ranging conditions.[13:41:58] Basil-kodikos says: ready to hit the first target[13:49:53] Basil-kodikos says: first target in 1,5521 hit we have covered our entry and we are trailing now[13:50:37] Basil-kodikos says: we need a large move to finish this or an opposite signal[13:58:09] Basil-kodikos says: third part stopped at breakeven now i am flat[15:15:55] Basil-kodikos says: after all these hours of ranging we are accepting the large move of the day in New york open[15:16:08] Basil-kodikos says: a triangle is formed[15:30:09] Basil-kodikos says: new trade hit the scalping target[15:31:40] Basil-kodikos says:[17:03:05] Basil-kodikos says: still on the trade and trailing 53 pips for now[17:22:26] Basil-kodikos says:75 pips and trailingSo as you see the system goes well in ranging conditions scalping the small moves and then stops in breakeven.In the great moves it scalps the first high probability pips and then trails the momentum.You must focus on it is boring but pays well.More details in forexraiders.com/blog

 

forex scalping Frankfurt ,London open till pound news

Good morning everyone,Today I have recorded in video all the morning European session since Frankfurt opening and the first forex scalping signal in GBPUSD till 10 min before the gbpusd news were I have closed all orders.https://www.mql5.com/go?link=http://www.youtube.com/watch?v=S4Dcx37gH3wGoodmorning everyone ,possible short trade in gbpusd[09:21:34] Basil-kodikos says:[09:49:57] Basil-kodikos says: limit order to sell eurjpy in 136.74[09:50:31] Basil-kodikos says: 11 minutes to London open[09:51:11] Basil-kodikos says: first 10 pips in gbpusd closed[09:51:19] Basil-kodikos says: eurjpy order filled[09:53:18] Basil-kodikos says: gbpusd is trailing now[09:58:15] Basil-kodikos says: target filled in eurjpy eurjpy trails now[10:00:09] Basil-kodikos says: London open[10:03:54] Basil-kodikos says: eurjpy trailing closed nice scalping profit[10:10:51] Basil-kodikos says: gbpjpy gave signal in 193,20 limit order short in 192,37[10:26:29] Basil-kodikos says: news in gbpusd 11.30[10:36:06] Basil-kodikos says: gbpjpy 6 pips from limit order[10:55:40] Basil-kodikos says: cancelled the gbpjpy because it moved far away and we are approaching news time for pound[10:56:05] Basil-kodikos says: gbpusd still trails the morning forex scalp +32 for now[10:56:56] Basil-kodikos says: eurjpy formed a triangle 7 pips distance from limit order[10:58:06] Basil-kodikos says: increased the size of eurjpy order since I cancelled gbpjpy limit order[10:59:37] Basil-kodikos says: one hour after Londo o0pen 30 minutes to gbpusd news closing all orders in 15 minutes[11:01:32] Basil-kodikos says: +41 the trailing for pound now[11:16:33] Basil-kodikos says:https://www.mql5.com/go?link=http://www.forexrainbow.com/images/37000542299266914366.png[11:16:44] Basil-kodikos says:https://www.mql5.com/go?link=http://www.forexrainbow.com/images/25349647173895586967.png[11:19:03] Basil-kodikos says: closing +41 pips

My skype username is basil.kodikos in case you want to ask something about the setup.

 

Forex scalping London -New York

Hello,

Today is an especially difficult day since we have FOMC.

Statistically these days are ranging and difficult to predict direction since everyone is waiting the FOMC to take direction.

We are starting early in the morning 30 minutes after Frankfurt open and we continue to scalp until London noon and then again in the New York open to see how we handle a difficult day.

Video with the European session

https://www.youtube.com/watch?v=uXnOS8acKl0

kalimera everyone possible scalps in gbpusd, eurjpy gbpjpy waiting for the best retracement

[09:34:09] Basil-kodikos says: all shorts

[09:42:30] Basil-kodikos says: 192,83 entered in gbpjpy

[09:45:50] Basil-kodikos says:

forex scalping software main and auxiliary chart

[09:52:35] Basil-kodikos says: gbpjpy produced opposite signal I must get out in breakeven

[09:54:05] Basil-kodikos says:

[10:04:05] Basil-kodikos says: entered short in ej with reduced position

[10:15:58] Basil-kodikos says: closed gbpjpy in breakeven and reversed long position now

[10:22:39] Basil-kodikos says: price action is choppy and ranging

[10:30:36] Basil-kodikos says: gbp news in 60 minutes

[10:37:19] Basil-kodikos says: gu goes south gj try to go north

[10:41:21] Basil-kodikos says: hitting the first 10 pip target in gbpjpy

[10:41:23] Basil-kodikos says:

[10:42:01] Basil-kodikos says: there is a falling trend line in gj it must break in order to go further north

[10:53:43] Basil-kodikos says: gj broke the trend line we are trailing now +12

[11:11:17] Basil-kodikos says: gbpjpy stopped out

[11:22:05] Basil-kodikos says: opposite signal formed in eurjpy setting stop loss in breakeven

[11:41:59] Basil-kodikos says: stop loss hit in eurjpy

[11:48:08] makis says: possible long ej tp1=136.92 r1&yhigh

[11:57:17] Basil-kodikos says: yep eurjpy is long now but i think it will retrace first to 55 area

[11:57:36] Basil-kodikos says: also there is a falling trendline in this

[12:02:36] makis says: Yes, sloss < 135.5

[14:05:42] Basil-kodikos says: entered long in eurjpy in retracement 136,68

[15:39:27] Basil-kodikos says: closing at breakeven +2 since opposite signal formed I have average the position to go green in this

[15:41:15] Basil-kodikos says:

[15:46:35] Basil-kodikos says: shorted is 65 to go along with the short signal

[15:56:43] Basil-kodikos says: eurjpy consolidating preparing to move in the New York open ,it didn't move for the day producing three ranging signals we are on the third short one

[16:12:21] Basil-kodikos says: closing scalping target

[16:13:45] Basil-kodikos says:

[16:20:11] Basil-kodikos says: eurjpy is breaking 50 trailing is +17

[16:20:42] Basil-kodikos says: today is a difficult day statistically FOMC days are ranging and difficult for forex scalping

[16:35:32] Basil-kodikos says: moved trailing stop one pip to be above the micro resistance in auxiliary micro chart

[16:37:09] Basil-kodikos says: formed support in 136,45

trailing in eurjpy stopped out +5

[17:47:11] Basil-kodikos says:

Stopping for today ,have a nice evening

My skype username is basil.kodikos in case you want to ask something about the forex scalping strategy

My email is admin(at)forexraiders.com

 

Forex scalping in the London open

Markets was slow and choppy today but we managed to take our daily bread and butter in gbpusdhttps://www.youtube.com/watch?v=LVQSq-iL_C4kalimera everyone no signals this morning market is slow[10:36:44] Basil-kodikos says: long signal in pound limit order 1,5600 buy[11:11:41] Basil-kodikos says: entered 1,5603 in gbpusd[11:24:51] Basil-kodikos says:first target hit[11:28:02] makis says: (cash)Â* but a little dangerous , market is too choppy like yesterday .I think most traders went to the beach....[11:28:42] Basil-kodikos says: follwing signals maki -10-15 pips nothing more[11:29:36] Basil-kodikos says: always in trend pointing the chart nothing more[11:30:00] Basil-kodikos says: boring but effective[11:30:37] makis says: yes it seems that works![11:31:22] Basil-kodikos says: now entry is covered free trade just wait were the order will stop[11:31:50] Basil-kodikos says: no guessing were i must close let ninjatrader to do the work sentiment out[11:32:56] Basil-kodikos says: only some times were i see support and resistance formed in auxiliary chart I put trailing on the support or resistance to avoid stop out by a pip or tweo no more tweaking[11:33:12] makis says: when the signal is formed price was at 1,5610 , limit order long -10 pips (with spread) 1,56?[11:34:10] Basil-kodikos says: yes entered in 1.5603[11:34:43] makis says: if we set limit buy 10 pips less maybe order will not execute....Â*Â*Â* orÂ* yourÂ* entry was market?[11:35:50] Basil-kodikos says: yes it may not execute but you are safe better safe than sorry[11:36:22] makis says: (y)[11:36:58] Basil-kodikos says: the tokyo session was narrow it has the characteristics of consolidation and breakout for many pips equal to the ranging length now we are +15[11:37:25] Basil-kodikos says: tokyo session 23 pips[11:38:33] Basil-kodikos says: trailing will offer good pips as long as we have momentum if it starts ranging the trade smells[11:38:34] makis says: (y)[11:39:03] makis says: bad smell![11:39:22] Basil-kodikos says: yep[11:42:01] Basil-kodikos says: entered the trailing 1,5611 under 2 resistances if it moves under 11 we close the trade , because some people will short the median line ema 50 , lets see if bulls will prevail over bears[11:44:44] Basil-kodikos says:[11:46:49] Basil-kodikos says: stop filled +4 pips for the trail

 

forex scalping the New York open

New York open was volatile today.We caught the gbpusd move south in attempt to hit 1,5600https://www.youtube.com/watch?v=bW51hFQSy6kHitting the first 10 pipsclosing everything at 16,00 GMTLeft some pips on the table but better safe than sorry.Have a nice evening

 

forex scalping on Friday 31 7 2015

Today was a loosing dayOne of the profitable trades I made in the videohttps://www.youtube.com/watch?v=Hin88YY9ECsTheÂ* journal follows and in the end I am explaining the mistakes I made in order not to repeat thempossible long signal forming in gbpusd[7/31/2015 09:56:35] Basil-kodikos says: 1,5589 entered[7/31/2015 09:56:48] Basil-kodikos says: sl 1,5569[7/31/2015 10:01:22] Basil-kodikos says: opposite signal formed are we entering ranging environment?[7/31/2015 10:05:19] Basil-kodikos says:[7/31/2015 10:06:26] Basil-kodikos says: we will take all profit between 1,5590 -1,5600 in order to reverse in the resistance formed in aux chart[7/31/2015 10:17:46] Basil-kodikos says: first trade hit stop loss[7/31/2015 10:24:31] Basil-kodikos says: I had a short window to close in breakeven and reverse and didnt do it, thought it will touch 1.5600 but the bearish momentum was very strong in the London open[7/31/2015 10:24:55] Basil-kodikos says: looking to take a long entry in eurjpy[7/31/2015 10:25:13] Basil-kodikos says: 135,85 area[7/31/2015 10:45:33] Basil-kodikos says: opposite signal formed in eurjpy looking to get out in breakeven[7/31/2015 11:02:45] Basil-kodikos says:[7/31/2015 11:03:31] Basil-kodikos says: closed at be[7/31/2015 11:08:53] Basil-kodikos says: waiting for resistance to form in order to justify a short now in ej[7/31/2015 11:19:56] Basil-kodikos says: resistance formed in 90Â* in aux chart[7/31/2015 11:23:24] Basil-kodikos says: I have very small stop loss in this if it goes above 90 4 pips i must get out cause i have doubled the quantity and because it will give long signal we are exactly in equilibrium medium line in the upper bollinger band[7/31/2015 11:26:11] Basil-kodikos says: 1 2 3rejection or stop loss quickly it is the third time it hits 90[7/31/2015 12:33:53] Basil-kodikos says: stop loss hit in eurjpy entered new trade in gbpusd retracement in 1,5570[7/31/2015 13:12:58] Basil-kodikos says: trailing stop in gbpusd hit entered long in gbpjpy ,eurjpy flies up north[7/31/2015 13:13:10] Basil-kodikos says: 193,40[7/31/2015 13:24:35] Basil-kodikos says: the divergence in gbpjpy helps +10,5[7/31/2015 13:26:06] Basil-kodikos says: I am leaving this to run a bit gbpjpy was consolidating since 11,00-2,5 hours so according to this volatile pair 20 pips must come relatively easy[7/31/2015 13:26:39] Basil-kodikos says: taking some of the morning losses back[7/31/2015 13:29:05] Basil-kodikos says:[7/31/2015 15:25:19] Basil-kodikos says: gbpjpy is consolidating I have secured the trade and I leave it through 15.30 news[7/31/2015 15:30:29] Basil-kodikos says: stop loss hitThe three mistakes a made1.In the first GBPUSD trade an opposite signal was made and instead of closing in the breakeven and reversing because of greed I was hopping to hit the 1,56-- to earn 5-10 pips and lost the great short ,taking the loss of 20 pips2, In the eurjpy I had a position in the equilibrium and while I said in chat room that my stop loss was 3 pips I have left the trade to hit 20 pips stop loss and lost the great eurjpy move of 100 plus pips.3, In the third trade of gbpjpy I had breakeven all losses and I was 150$ in profit and left it through American news with result to loose all profits.Totally irresponsible behavior by me in the end of the month.Have a good month all of you and good profits.

 

forex scalping 3 8 2015

https://www.mql5.com/go?link=https://www.youtube.com/watch?v=UlNdUHqlb1Ekalimera everyone, waiting for proper entry long in eurjpy[10:43:06] Basil-kodikos says: all daily charts gbpusd gbbjpy eurjpy are long[10:44:18] Basil-kodikos says: Monday has the tradition of ranging so it is posible to see short signals too[10:58:55] Basil-kodikos says: I am buying the equilibrium in 136,17[10:59:02] Basil-kodikos says: eurjpy[11:00:05] Basil-kodikos says:[11:05:14] Basil-kodikos says: out -2 pips[11:05:58] Basil-kodikos says: waiting for short signal since it violated the equilibrium[11:15:08] Basil-kodikos says: short signal form waiting for entry[11:48:07] Basil-kodikos says: entered in new resistance equilibriumÂ* in 136,20 short[12:23:31] Basil-kodikos says: opposite signal again we are in range market time to close in be[12:24:42] Basil-kodikos says: divergence formed[13:46:08] Basil-kodikos says:closed half +11 leave the restto breakeven

 

forex scalping in the New York session

https://www.mql5.com/go?link=https://www.youtube.com/watch?v=UYm2diqEfPEpossible entry in gbpusd[8/4/2015 17:08:26] Basil-kodikos says: The pair is all day in range state and we are in the bbreakout period of New York[8/4/2015 17:08:43] Basil-kodikos says: going long in this in 1,5809[8/4/2015 17:13:11] Basil-kodikos says: signal reversed looking to close and reverse[8/4/2015 17:28:10] Basil-kodikos says: entered in 90 and now I have added to the winning short[8/4/2015 17:46:34] Basil-kodikos says: forming a small bear flag hereClosed

 

forex scalping 5 8 2015

Today I was away from the office and the morning trades wasn't well with ninjatrader free license.https://www.mql5.com/go?link=https://youtu.be/Ok7W_PKbJrEpossible scalp in gbpusd short[10:09:11] Basil-kodikos says: goodmorning everyone[10:10:48] Basil-kodikos says: Today I am taking the orders on sim and execute in mbtrading manually with free ninjatrader license,[10:12:49] Basil-kodikos says: shorted in 1.5560 and I have very small stop loss[10:13:27] Basil-kodikos says: out[10:14:16] Basil-kodikos says: waiting for the next opportunity[10:25:31] Basil-kodikos says: 1.5686 is theÂ* a shortÂ* equilibrium for short, waiting for resistance to form in order to justify a new position again[11:06:57] Basil-kodikos says: resistance formed in 89 were the stp is ,entered in 1.5577[11:19:50] Basil-kodikos says: out in this tooLost the first two trades, then recovered in the third one and finally in the afternoon when I came back in the office I took a nice scalping in gbpjpy.gbpjpy was trending north all day and in the New York it retraced in the equilibrium.There I saw a pattern in the auxiliary scalping chart with higher lows over support in oversold oscillator and approximatelyÂ* 50% fib in previous breakout candle .This forex scalping technique works very nice in calm times outside news.A nice trade you might want to wait for a retracement for entry is audnzd 4 Reasons To Buy AUD/NZD Targeting 1.15 - Deutsche Bank05 Aug 2015 00:50 EDTAUD/NZD offers a good buying opportunity targeting 1.15, plus low beta to uncertain Fed policy and Chinese growth prospects, advises Deutsche Bank. DB outlines 4 reasons behind this view.1) Labour data. DB expects Australia's Thursday’s labor market data to beat the market consensus, with job growth of 15k in July leaving the unemployment rate unchanged at 6.0%.2) Rates re-pricing. While the RBA sounded less dovish at this week meeting, DB thinks market will start to re-price a 50bps of RBNZ easing at the next two meetings.3) Commodity prices. Although iron ore remains under pressure, DB argues that it remains a two-way market.4) Positioning. DB notes that while kiwi net shorts have been cut by 30% since early July, net shorts in AUD have increased by 130%, allowing for a meaningful squeeze.

 

forex scalping in Franfurt opening 6 8 2015Good morning everyone,GBPJPY was ranging in a very tide tube with 10 pips width.In session openings these consolidations deliver nice scalping opportunitieshttps://www.youtube.com/watch?v=2vBZ6aZpd4o&feature=youtu.begoodmorning everyone check out this from Deutsche bankStay Long Pound Into Super Thursday - Deutsche Bank05 Aug 2015 17:12 EDTIn a note to clients, Deutsche Bank advsies clients to stay long pounds going into Thursday’s same-day release of the Bank of England policy decision, minutes and Inflation Report."Speculation is growing over a split vote on the policy decision. After the July minutes highlighted that ‘for a number of members...absent [Greece], the decision…was becoming more finely balanced,’ it is possible that more than the two previous hawks (Weale and McCafferty) dissent, with Forbes and Miles possible candidates," DB projects."Dissenters or not, risks are asymmetric as market pricing is still too dovish. Less than a 20% probability of a hike is priced for year-end (versus over 80% for the Fed) and the first hike is not fully discounted until May next year. Yet growth in the UK has been stronger than over the Atlantic and the economy is actually generating wage pressures, unlike the US," DB adds.

[09:38:55] Basil-kodikos says: Option expiries 10am NY cut today 6 AugustThu 6 Aug 2015 04:57:28 GMTAuthor: Mike PatersonAuthor: Mike PatersonUSDJPY 123.00 (USD 787m) 124.00 (825m) 124.70-75 (700m) 125.00 (907m)EURUSD 1.0800 (EUR 2.4bln) 1.0850 (1.1bln) 1.0950 (505m) 1.1000 (402m) 1.1050-55 (820m)GBPUSD 1.5615 (GBP 212m)USDCAD 1.3050 (USD 490m) 1.3150 (400m)AUDUSD 0.7300 (AUD 251m) 0.7350-60 (450m)NZDUSD 0.6550 (NZD 329m)[09:39:13] Basil-kodikos says: watching the consolidation in gbpjpy[09:45:36] Basil-kodikos says: entered in 194,97 in gbpjpy[09:47:25] Basil-kodikos says: 10 pip target filled rest on trailing[10:00:01] Basil-kodikos says: trailing stop filledLost at noon this long scalping in pound yenCAUGHT A VERY NICE TRADE IN GBP JPY[14:02:09] Basil-kodikos says: CLOSED 72 PIPS IN SECONDSAfter I lost the second scalp I reversed on the breakout of the range and took the final trade for gbpjpy today.

Reason: