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Jenx replied Nov 7, 2017Check out the posts on S/R. If you look at support/resistance on the smaller tfs it becomes clearer. And don't try to take every trade. Pick the better value ones and don't be afraid of missing one. If it goes, it goes. Another will be along.
Simple Scalping
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Jenx replied Nov 2, 2017Keep at it. I feel a lot more comfortable with scalping as you're not tied to your computer. I made a lot more money swing trading (trendline breaks using accumulative volume) but it was so labour intensive that I found my time being completely ...
Simple Scalping
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Jenx replied Nov 2, 2017Don't know if this helps. Maybe pull a fib and look at the PA at each level. If you're looking for value , maybe only take signals that come at 50% or greater? Just a thought
Simple Scalping
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Jenx replied Oct 27, 2017I didnt claim it as my own. It's an indicator that I downloaded a long time ago that I came across in my indicator folder. There it was called "Trend Guide" I don't use it myself but was messing about with it last night and thought it may come in ...
Simple Scalping
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Jenx replied Oct 27, 2017For those struggling picking out the cherries, maybe try this? The default period is set at "80" however I would recommend, for the purposes of our method, setting it to " 2000 " It's best to give overall priority to the colour (blue long, red ...
Simple Scalping
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Jenx replied Oct 26, 2017Very good. Glad its working out for you. I know what you mean about some threads. I think if the OP ignores the haters as soon as they start you can keep a good useful thread together
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Jenx replied Oct 25, 2017It would be a short.Don't give it too much weight but its a handy tool to have sometimes
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Jenx replied Oct 25, 2017No, I was just demonstrating what I was talking about. When I was experimenting on M1 I would wait for the situations would fail (price riding the bands then changing trend) and found that all too often they came back for a good trade from this ...
Simple Scalping
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Jenx replied Oct 25, 2017Hi Yes, just last swing high/low. In a down move, drag from the top and vice versa. Pic below is just now on EU H1. I've edited fib tool and added the .70 level and named it "ENTRY" Hope this helps
Simple Scalping
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Jenx replied Oct 25, 2017Some of you will remember anf3fr coding the indicator below. At the time it sort of went against our method strictly by the rules but I've started using it in an arbitrary fashion and its fantastic on the higher TFs at giving you an idea when things ...
Simple Scalping
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Jenx replied Oct 25, 2017Where this method gives us an edge is that the market, industry, whatever you want to call it, has no control over where you make your trade. You give yourself the edge by trading in the probable direction yet at a point where those correctly placed ...
Simple Scalping
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Jenx replied Oct 25, 2017Hi Have a read of my post #450 Hope it explains. Yes they are actual price movements, but were the majority of traders going with the move or were they being "moved against" as it were? Just my theory of course but it does seem to bear out. Heres an ...
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Jenx replied Oct 24, 2017Hope everyones doing ok. Just an update on my "experiment". I had noticed on looking back through the charts a very good pattern that was occurring. I wont go into detail apart from to say over and over again price would turn after retracing to ...
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Jenx replied Oct 18, 2017Well said. Subjectivity is the essence of this method however I have spent the last few days trying to exactify a set of entry rules using pending orders based on our bias orientated signals and our method of identifying S/R. Its just starting to ...
Simple Scalping
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Jenx replied Oct 16, 2017Your theory is correct and it's one of the more obvious patterns that occur week in week out. However I wonder how this works in practice? I have often been tempted to try and trade these gaps but it's usually the wrong time of day for me. So last ...
100% fool proof, can't possibly go wrong system
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Jenx replied Oct 12, 2017Had a couple of "normal" trades today on my main account. Not a bad day really. Been messing about with something last couple of days and I knew I was onto something. It's essentially based on our method here, but is thinking completely "out of the ...
Simple Scalping