Another example although it's in a hindsight view. In the following images, 2M chart can be useful while 5M chart is not: image image

Justin's Playground

Always, price action is the KING. No matter fancy indicators I use, I always come across the dead end eventually. I will focus more on PA from now on. The following image is an example. When I trade based on 1M chart, I also want to watch 5M and 15M ...

Justin's Playground

I lost quite a lot for the last several days and I wasn't even in a mood to post anything in FF. Yes, whenever Justin the big mouth is quiet, you can safely think I am in a deep DD... image For the time being, I will be trading using my ...

Justin's Playground

Hi, Steve As usual, very clean and clear charts with very logical thought process. I really appreciate it. By the way, don't you watch 15M or 1H charts for additional hints? Please watch the chart image I attached below. I carefully think they may ...

Gold

image image In hindsight, it had some downside tint especially on 1H and 30M charts (a pin bar in 30 M chart). If you can take wide SL, it would worth trying in real time perhaps.... Anyway, this is for professionals only. Count me out.

Justin's Playground

Stuck in the narrow range of 4H 50 EMA and 200 EMA. That's why gold price action is sucks for days... For amateurs like me, it's better wait until this range is broken in either side. image

Justin's Playground

My observation is when MAs in multiple TFs are flat and conflict each other, it looks market becomes choppy. Even micro scalping become more risky in this case. For amateurs like me, it's better avoid trading during these days and wait until clear ...

Justin's Playground

Yes, I added up another small loss and finished the day. There are days when it simply doesn't work..... image

Justin's Playground

image Not very good day today. Two full stops hit during the Asian session. Market was nervous at that time. My problem is I use negative RR.... Let me see if I can recoup this loss till today. Hope I don't add up more losses which is a very ...

Justin's Playground

Perhaps done for the day.... Good thing about scalping is even if you miss an opportunity, next one is always waiting at just around the corner. I can manage my time more efficiently. image

Justin's Playground

You made it Steve! Obviously, you are one of the best trades in FF. Even ICT cannot beat you now.

Gold

Spread and slippage is quite high, especially during the Asian session. 5 -7 ticks of spread is normal during Asian session. It's still 3 ticks now. It's another challenge to scalpers.....

Justin's Playground

Woke up right before as I feel somewhat under the weather... Let me start the day late. Gold is moving up and its target should be 50 EMA of 4H or 200 EMA of 1H chart. Gold trade looks quite trendy and easy these days. Not everyday like today of ...

Justin's Playground

Nat gas Nov-Dec spread contract expired. This is for the record. image I currently have May-Jun contract. Following spreadcharts.com images are 3 months delayed feed as it's free version. image image image

Justin's Playground

Made two more. One is win, the the one is loss. Not bad as a practice... image

Justin's Playground

A quick trade before I go to bed. I was busy setting up chart auto refresher. I started to use normal sized gold as I have some confidence now. image

Justin's Playground

MT5 Chart Auto Refresher The following is free indicator in which you can set minute based interval: file file If you need to set second based interval like me, you may need the following commercial indicator: image I purchased this moments ...

Justin's Playground

My recent observation is for example if you trade based on 1H chart targeting one or two bars, watching current and higher TF MAs for trend is pointless except 50 and 200 EMA S/R. After you found a decent 1H PA reading you should go far down till 1 ...

Justin's Playground

image This is where Steve entered his short trading today and made 100 pips. I found his recent successful tradings started from MA contractions on major TFs into the trend direction..... Coincidence?

Justin's Playground

Actually I had one more trade since then but I accidentally traded using my Demo account.... When I restart MW, it reverts back to Demo account by default. I set it so for safety measure. When you watch it from a micro level such as 1 or 2 seconds ...

Justin's Playground