Absolutely. Depends how aggressive you are.. Best to wait till everything is in place

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Heres the M1 chart at the same time You going to sell into that? No, I thought not.

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M15 S/R on U/J today; Need we say more ?

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Just the optimum setting I found for this strategy

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UJ today. If you can't make money on a day like today, well................

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That's it !

Simple Scalping

Hi No probs. Look at the pic. H4 on EU but its valid on every TF on every pair. Bar 1 has a high. Bar 2 takes off north. The low of bar 3 never touches the high of bar 1 This is significant. What it means is that there are traders trapped on bar1 ...

Simple Scalping

Just like to say, don't forget this strategy is not about maximising the amount of trades you can make in a day, but "cherry picking" the best ones and getting a value for money price. One suggestion I have for those of you struggling to identify ...

Simple Scalping

Hi This is a trend following strategy and as such if your stop is placed at the previous swing high/low if it gets hit ,theres a good chance a trend isn't in place as higher highs and higher lows (and vice versa)are the norm in an established trend. ...

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Just for clarification, when I say don't sell into support or buy into resistance, as we are looking at taking in the region of 10 pips then if we have less than that to the S or R then forget it.More than 10 pip plus spread, no reason why not.

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At least 3 decent trades there today

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No, not at all. It is a definitive level.Identify the level on the TF you want then if you wish to refine that level, drop down the tfs until you find a highest/ lowest common denominator. In fact, this part of my strategy is completely ...

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If you're using M5 then I've drawn what I would see as S/R;(red lines) The yellow line is the high of the resistance bar. PA here is sometimes significant. If price fails to hold above , I would consider Resistance as having remained in place. If it ...

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Turquoise is the nearest. See my pics. First is the M15; The support line comes in at the lowest bar that got left behind. The second is when you zoom in to the M1 chart around the same time. What you can see there is that there is a support level ...

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Yes, that's it. Be careful if price is meandering between the 120 MAs and don't buy into resistance or sell into support ( M15 --- Read earlier posts how I define M15 S/R)

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Simply where the ma of the BBs is in relation to the main MAs. above buy, below sell Also I prefer the 120 MAs to be trending in a definite direction and not horizontal

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Absolutely. And I would never set and forget this.It really is a short term manual scalp.I don't look for these trades but if they stand out I'll take them I'm in no way advocating it as a scalping technique. Just answering the question. Cheers

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Yes some text book stuff this morning!

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goose4 asked do I take trades counter trend. Yes, very occasionally. They aren't great value, don't crop up that often, but do tend to be very consistent so if one happens I'll generally take it. Not sure it's good practice and I'm no gambler. So ...

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See post #187 by dkrock. I've been having a look at using the tool they have kindly contributed as a way of filtering out some of the more sketchy signals. Going to give it some testing next couple of days but as you can see, our template is still ...

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