Personally I don't use 30 mins in the set up, if I did I'd use some common sense. 1hr (not shown) has a nice green close hammer but 30 min also has a nice hammer however its red. I wouldn't let that keep me out of a trade. 15 min also has red ...

Simple scalping system, all red or all green

Yes.

Simple scalping system, all red or all green

Correct. If any don't agree then you'd wait till they swing around. Personally I look for a crossing of 5 min 8 LWMA for an entry.

Simple scalping system, all red or all green

3 trades today. 1) HL buy after a nice hammer on 15 min. 2) LH sell after the shooting star. 3) Buy after the engulfing HL candle closed above even number, out at BE. Then became sideways chop.

Islander and Medici trade the European open

Nice trade on GU this morning. I'm not going to post all charts you can start with this one, easy 30 pips and safe to, 15 pip stop. 1 hr and 5 min attached. All charts in between added up. I only have 1hr, 15 min and 5 up - not 30 - but that was ...

Simple scalping system, all red or all green

Not necessarily, all candles would line up only if there was little/no upper/lower wick.

Simple scalping system, all red or all green

I've literally just come across this. I use vol a lot on 15 min chart so I'll put on there and also perhaps 1hr and 5 min. Exited sell 6178 at 6150.

Islander and Medici trade the European open

Never looked at money flow index before. Divergence, like RSI with volume being important, will add to charts and see. Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a ...

Islander and Medici trade the European open

Hi I used this kind of trading for some time. I used 1hr, 15 and 5 min. You can expand this to 4hr and daily. When all are lining up you can re-think your profit targets. Approx 60% of time (GU) will follow daily direction.

Simple scalping system, all red or all green

Quote from e mini watch email I just got. US Dollar Index: Commitment of Traders Professionals -9.2% (short) and Oscillator +103 Big change during the last month in the Commitment of Traders report for the US Dollar. The Professionals have gone from ...

Islander and Medici trade the European open

Yep I'm up to 2% risk. I just cannot trade with the mega stops. There is a very important level coming up 6232 but again I'd wait at minimum for a lh on 1 min just to at least have a chance of that level holding. 4hr attached.

Islander and Medici trade the European open

In terms of Medici's comment in the first post, my method of trading 1) Bread and butter trades are from higher lows and lower highs from 5 min chart. Often there will be a solid indication from an hourly close, ie its purely trend following, using ...

Islander and Medici trade the European open

15 min 1st real upper wick on good vol. Also rsi divergence.

Islander and Medici trade the European open

Did indeed pop to 6150 but we have potential 1hr rsi divergence, we'll see how this candle closes.

Islander and Medici trade the European open

Hull of course dooh! Its a normal linear weighted MA at 8. HL/LH crossings of this tend to be pretty good signals in themselves I find.

Islander and Medici trade the European open

Can't help but think we're going above 6135 here.

Islander and Medici trade the European open

Sorry HMA?

Islander and Medici trade the European open

I did miss the 1st lh 1 min sell at 6131 then bought this HL off 5 min. Out at +17 when 6136 held a few times.

Islander and Medici trade the European open

Hi Islander Good to be here, hope to learn from you guys as usual. Medici I didn't have a 5 min doji on fxpro charts, thought that buy was inspired!!

Islander and Medici trade the European open

4hr chart upper TL at 1.61, good place for a turn.

Psych Levels, Pivots, and Trendlines - Resurrected