Learn to be a Scalper - page 38

 
serj:
I took this only trade today in NY. Went short, got out with 2 pips.Reis it looks like you took your second trade at the same time as it did, except you were long.

Serjey my friend, how are you today.

How did price move after the first red candle appeared on your SHORT?

Looks like you had a great entry and there was more to come?

Are you trying to just focus on quick hits to improve your entry points.

Will be on skype from 6pm to 8pm EST.

Cheers.

 

I had to Pre-Asia trades.

Short for +4 pips

Long for +1 pips

Both of these were called in the Monarch Skype Room.

Weekly Totals

53 Wins 12 losses

+ 301 pips

 

I had 2 entries for short around the 3488 area, and sure enough, it just fell from the sky.

I had set 4 pips limit orders, but Oanda moved so fast I got +6 pips on each short. = +12 pips

Here is the chart showing the setup and the results.

Files:
EU_SHorts.jpg  108 kb
 

I'm doing great, Thanks

Hope you are having a good day.

I am trying to work on my entries, and yea the price went down like 10-15 pips. I'm still trying to get used to NY because it moves fast, so if you hold too long it will take you out, or it also can go in your favor.

Monarch:
Serjey my friend, how are you today.How did price move after the first red candle appeared on your SHORT?Looks like you had a great entry and there was more to come?Are you trying to just focus on quick hits to improve your entry points.Will be on skype from 6pm to 8pm EST.Cheers.
 

Based on a 200 pip bearish day, I was long bias on the support moves.

I have 3 longs the past 1/2 hour.

Called trades live on Monarch Skype.

+5 pips (1 lot)

+3 pips (10 lots) normally I go 5 lot max, but the move is calling for 3500.

+4 pips (10 lots)

Total +75 pips

Weekly Totals

57 Wins 12 losses

+ 380 pips

Heading to the Gym for a few hours.

 
serj:
I'm doing great, ThanksHope you are having a good day.I am trying to work on my entries, and yea the price went down like 10-15 pips. I'm still trying to get used to NY because it moves fast, so if you hold too long it will take you out, or it also can go in your favor.

Awesome bro, looking forward to seeing your weekly records on Friday, so don't hold back on ole Monarch.......

Cheers, were on skype chatting.

Took a short a few minutes ago, called it to Horn live, he said I could have that one.

Here is the simple charts making me CASHO.

Files:
eu_short.jpg  121 kb
eu_exit.jpg  130 kb
 

Took 3 more shorts on the move up to 3514 area.

+2 pips
+6 pips
+7 pips

Weekly Totals

63 Wins 12 losses

+ 402 pips

 

Just finished 38 pages of your thread here...all caught up.

Very good info here on PA and candle formations...

I've cheked the subscribe to tab...look forward to further heads up education here.

CCE

 
cce:
Just finished 38 pages of your thread here...all caught up.Very good info here on PA and candle formations...I've cheked the subscribe to tab...look forward to further heads up education here.CCE

That is a lot of reading, hope it did not put you to sleep.

So far the thread has shown some very simple and easy ways to watch the market.

Glad to see you in the thread.

Cheers.

 

After a big move yesterday of nearly 200 pips, price has found some retracement strength up to the 61.8 Fibo.

Here is the Daily chart showing next targets.

Working on a 4hr and 1hr now.

Files:
EU_daily.jpg  88 kb
Reason: