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niks replied Mar 16, 2023if these signals are confirmed, then you can use the attached indicator (see latest version) for mt5 if you wish image image
RSI 50 X Scalping System
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niks replied Mar 16, 2023ye, i still get that buzz every now and then, though each journey is getting further apart and shorter lived they can be lucrative for short periods of time, which is where the allure comes from, but you never know when they have failed until its ...
PA Trading with EMAs and common Sense
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niks replied Mar 16, 2023definitely, risk management is priority number 1, especially when scalping volatile markets i can't complain too much , my pin bar trade prior to this was the same, much was left on the table, but profit is profit and i've learnt to accept leaving ...
PA Trading with EMAs and common Sense
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niks replied Mar 16, 2023another failed breakout and your on the right end of it, awesome... rather than being the indices, perhaps its just your read of PA that's having a good run!
PA Trading with EMAs and common Sense
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niks replied Mar 16, 2023AUDUSD 1M trend pullback long, looking for support off ema50 no initial stop loss, was going to cost average, but the break of ema50 was strong, so held off, but then it quickly rebounded and set stop to BE image then it smashed through target not ...
PA Trading with EMAs and common Sense
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niks replied Mar 15, 2023simplicity makes decision making a lot easier - as you say, we don't have much raw information to work with, but the little we have plus our intuition will ALWAYS be better than relying on any indicator or fixed rules, having worked on EA's for a ...
PA Trading with EMAs and common Sense
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niks replied Mar 15, 2023ok, if you insist! EURUSD 1M classic pin bar entry long... image not much more to add, what a ripper! image
PA Trading with EMAs and common Sense
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niks replied Mar 15, 2023excellent analysis as always vvm, i especially like the part where you highlighted the striped area double strength resistance + ema200, they were my thoughts exactly...
PA Trading with EMAs and common Sense
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niks replied Mar 15, 2023certainly agree indicators can be helpful in making decisions - i primarily use ema's and tick volumes, and sometimes a combination of oscillators also agree that both you and vvm are showing off nice PA based 1H, 4H and daily trades and enjoy ...
PA Trading with EMAs and common Sense
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niks replied Mar 15, 2023excellent, perfect entry. doesn't get much better than that! the price action signal i see in this one was a failed breakout of the previous high that struggled to hold trapping the longs image thanks for sharing, i wouldn't mind seeing more of ...
PA Trading with EMAs and common Sense
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niks replied Mar 14, 2023no problem thehusla, i'll try and annotate a bit more... that thread, thread starter and system look good, however, the indicators are not for me, if your scalps are based on price action, i'm sure vvm wouldn't mind! my entries are loosely based on ...
PA Trading with EMAs and common Sense
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niks replied Mar 14, 2023for sure! image interesting resistance zone building up on both EU and AU
PA Trading with EMAs and common Sense
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niks replied Mar 14, 2023AUDUSD 1M countertrend long, first attempt stopped out at BE, it was set too early, so re-entered long, stop set to BE image the entry was also based on a triple bottom having formed... image back to that tough position of deciding whether to ...
PA Trading with EMAs and common Sense
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niks replied Mar 14, 2023AUDUSD 1M - MISSED\CONTEMPLATED OPPORTUNITY looking back on this one that i contemplated but didn't take, it was a triple top again but in close succession, would of been a nice easy to manage trade, oh well, plenty more to come... image and now ...
PA Trading with EMAs and common Sense
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niks replied Mar 14, 2023that's ok. we'll try and keep you involved with our trades! EURUSD 1M countertrend long after ema9 over extension and double bottom, initial stops just below double bottom and moved to BE image then it reaches the tough position of deciding to ...
PA Trading with EMAs and common Sense
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niks replied Mar 13, 2023AUDUSD 1M couldn't resist a triple top! initial stop loss just above rejection, then lowered to BE after favourable move image once ema200 broke and held, target was good to go! image could of held longer, but that might of turned into costly ...
PA Trading with EMAs and common Sense
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niks replied Mar 13, 2023thanks, price action will be volatile all week, especially friday, good for quick clean scalps, but highly risky if a trend breaks out against you or if using stop losses yes, of course, i'll add descriptions to each screenshot, i'm not much of an ...
PA Trading with EMAs and common Sense
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niks replied Mar 13, 2023that makes sense! but in case you are not aware, the range you have marked off is very important - it is what they call these days an "order block" created by big banks - this means when price moves away and retraces back into it, there might be a ...
PA Trading with EMAs and common Sense
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niks replied Mar 13, 2023nice trades vvm and thehustla maybe not so bad to stand aside a bit this week vvm, volumes are through the roof and price action is wild on the 1M timeframe, triple witching hour this friday so lots of repositioning! not even sure if this sequence ...
PA Trading with EMAs and common Sense
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niks replied Mar 8, 2023wrong about what? you are very light on details, i cannot read your mind... which post in this thread in particular should i read? the one just above your reply which highlights how the system works? url or this one? url or this one? url
RSI 50 X Scalping System