Learn to be a Scalper - page 22
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Forgive me for asking again, but do you have an opinion about the how long the string of R or G has to go in London/US overlap? i.e., pipwise?
I have not traded London in over 1 year, and NY can be very unpredictable.
I prefer a string of 3G or 3R on 15min chart for 35 pip move to validate a trade scenario.
If your getting 1G then 1R and it just goes back and forth, then it is in range mode, those trades can be taken also.
The G or R string is just a way to identify there is movement, and that pressure is one way or the other, then when the string of G or R is broken, then the push has slowed either temporarily or a reversal is in the making.
Each time frame has it's own string of G and R, I watch the 1min go 20 or more at times, but I am not using a regular candle on 1min.
Man, it did it again.
I took a LONG 2 lot entry, and exited for +4 = +8 pips.
After my exit, it shot higher again..... I guess if i can take 1/2 of any move I am not squeezing the juice out of it....
Weekly Total
73 Wins 9 Losses
+377 pips (after spread and losses) (based on 1-10.00 lot size)
My weekly goal is 105 pips, which I have done for the past few years with no problem, this week I am shooting for 500 pips by Friday.
123 pips remain to WEEKLY GOAL
Hi Monach
Dropping by to say hello. I see your are doing great by the pip count.
Hi MonachDropping by to say hello. I see your are doing great by the pip count.
Very happy to see you have made it.
I hope your success is progressing!
Do give us some trade setups when your available, always good to have great scalpers among us.
Cheers my friend.
Very happy to see you have made it. I hope your success is progressing! Do give us some trade setups when your available, always good to have great scalpers among us. Cheers my friend.
Will definitely join in the fun. Will post charts when available
Will definitely join in the fun. Will post charts when available
Looking for stalls up to top..... 5m chart needs to turn a rejection candle.
Did someone say 5m stall???
+6 pips with another 2 lots.... = +12 pips
Weekly Total updated post #213
The 5min rejection is seen so easily on my 1min template.....
1min chart shows the swing pattern, the circle is my 5m rejection entry...
YEA
You know
3755 resistance 1m for now
Did not have that break above 3755 power, so will watch for next area.
Still trying to stand on something here on this drop...
Took 1 long, exited real quick off the low bounce. +4 pips (2 lots) = +8 pips
Okay, had a few things going on here, was not focused on setups.
Other results
+4 pips (2 lots)= +8 pips
-2 pips (2 lots) = -4 pips
-9 pips (2 lots) = -18 pips
But the life saver was a LONG at the extreme bottom for +4 pips (10 lots) = +40 pips
(normally I do 5 lots, figured this was good for mega pips, I exited way early....