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FXEmpire replied May 15, 2013fxtr.. my entry rule is what i have mentioned in my 1st post and does not change.. you would hardly see me take action on "just a reaction to the band".. i like to see Price extend beyond it before taking a shot at. gut feel or playing ping pong are ...
Scalper
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FXEmpire replied May 15, 2013Hi Kelly.. just checkout your trades.. your entries are fine.. but on the risk control part, your sl on the first trade is a bit wide as you should not lose no more than 12 pips give or take on this one ( you may have a large spread, which could be ...
Scalper
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FXEmpire replied May 15, 2013quick 10 pips out on 1st initial sign of trouble taking into account that maybe eu's "trend" is a bit strong.. but look.. its safe to say this counter trade was on the full strength of eu 5m trend in the eyes of many.. but with well predefined ...
Scalper
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FXEmpire replied May 15, 2013some real good opportunities today i thought to post charts and explanations for you.. I got involved on 3 of the 4 good signals but banked good enough on two and bailed early on the gu bcz i had to run out. now checked out.. all these trades at the ...
Scalper
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FXEmpire replied May 15, 2013oh my goushhhh, did you say no stop loss!!.. you will get crucified.. lol well done.. nice ping pong action.
Scalper
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FXEmpire replied May 15, 2013what your saying could be true for long term trading.. but for scalping is meaningless. just a thought.. market trends only about 30% of the times at best.. rest of the time does everything else.. now go figure.
Scalper
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FXEmpire replied May 14, 2013Its all this method.. i use higher risk than normal on this small account purposely and unfortunately have not been able to trade full time last couple of days as a result have missed some good winners.. its not a problem it will be up in no time.
Scalper
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FXEmpire replied May 14, 2013Did you guys know you be way better off not worshiping the "Trend" so much.. even though its put so much stress and insists on it from all. just something to think about..
Scalper
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FXEmpire replied May 14, 2013i sum it up for you in one sentence.. in small frame scalping, too much filtering does more harm than good. in small frame there is no such thing as trend.. you will have more of everything else than trend in overall market anyways, more so in small ...
Scalper
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FXEmpire replied May 14, 2013well, I am obligated to tell you that if your looking for better or high accurate entry then this won't do it.. the focus in here as a key for success is what you do beyond the trigger based on a casual entry. i only say this so you and others know ...
Scalper
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FXEmpire replied May 14, 2013you sound like your doing me a favor.. lol.. just kidding. Welcome to the thread
Scalper
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FXEmpire replied May 14, 2013Thanks for your useless input no offense, and people are free to listen to your suggestion. However, please take the time to read the 1st post in full and understand before making suggestions, as the main point of success i suggested is pointed to ...
Scalper
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FXEmpire replied May 14, 2013gj ej and eu are well extended beyond band and good for potential setup.. looking to take shot at..
Scalper
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FXEmpire replied May 14, 2013ob/os do not necessarily happen on only the pullbacks, it happens during any market condition. I would look to bail out on the earliest sign of trouble during (again) any condition. on entries, you want clear price separation from band to exhaustion ...
Scalper
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FXEmpire replied May 13, 2013sure... what your not doing is reading my 1st post clearly.. please read the entry and art of the work section where i talk about manual slick exit. your 1st and 4th entries are invalid and you did not take into account last winning entry couple of ...
Scalper
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FXEmpire replied May 13, 2013who can tell me between the 4pairs under our watch which ones offer signal potential?
Scalper
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FXEmpire replied May 13, 2013folks, before you get on my case.. this last trade on eu was a total accident as i traded the wrong account at much higher lot size designed for this account.. lucky i was able to get out of it for not too big of a loss but big enough for this ...
Scalper