My EU Scalps -
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thread: My EU Scalps

  1. #11
    Are you reentering about the 1min chart every time it resets? By reset I suggest that the long position finally shutting out due to this atr stop or an opposing sign. If so and when I am looking at this correctly, I see a reenty about 1.4789 that occurred not too long ago.
    Yes I find that too, unfortunately Im not certain if I'd have taken this sign. The main reason is Im not quite comfortable with this however. I haven't demo'd or papertraded this whatsoever, less just went live by it.

    But to answer your question I believe I'd have waited to get the 1M to provide a short sign then on the subsequent long sign I'd have re-enterd.
    Once I look at my charts about the 1M it shows 2 longs in a row,
    one at 4776 then a second long about 25 minutes after at 4789, without a short sign between them.

  2. #12
    M5 turned short, kinda iffy with this trade. Been in uptrend for a while.

    Entered short @ 1.4827
    Stop Loss @ 1.4871 (likely to trail entry with SAR)
    4:30PM SL transferred to BE.
    Exited @ 1.4800
    Profit: 27 pips



    ~~~~~~~~~~
    # OF TRADES: 5
    # OF WINS: 5
    # OF LOSSES: 0
    Complete Pips: 115
    Success %: 100%

  3. #13
    Junior Member por's Avatar
    4
    Market was extended into the upside in excess of the daily range. We had not seen sufficient of a pullback for a signal. The minute it closed below the moving averages it was off to the races.

  4. #14
    Market was extended to the upside in excess of the daily range. We had not seen enough of a pullback to get a Sell signal. The moment it closed below the moving averages it was away to the races.
    This was sorta my ideas as well but wanted to put a tight stop with this I'd rather be too careful then not.
    Cant be mad at a day like today.


    Great luck to you and your transactions!!

  5. #15
    For diary purposes here are 2 more valid trades, except I didnt take them becuase I wasnt around my computer. Because I wasnt around and not sure where or when I would of exited Im just going to move from signal to signal.

    Trade #1
    Extended @ 1.4802
    Exited @ 1.4796
    Profit: -6



    Trade #2
    Short @ 1.4796
    Exit @ 1.4788
    Profit: 6


    ~~~~~~~~~~
    # OF TRADES: 7
    # OF WINS: 6
    # OF LOSSES: 1
    Total Pips: 115
    Success%: 85 percent

  6. #16
    9/23 no transactions as of yet. There has been some setups but there was some important news out earlier. Going to await the market to consume that information and calm down until I begin again.

  7. #17
    Junior Member Loox's Avatar
    21
    hello bam bam, I download your indi and temp and I get nothing at the ATR window. . .it's blank. what to do?

  8. #18
    hello bam bam, I download your indi and temp and get nothing in the ATR window. . .it's clean. what to do?
    I occasionally use that, sometimes I dont, thats why its clean. You dont need it, its a prefrence for me.

  9. #19
    First ever scalp trade. So I havent back analyzed or forwards analyzed this egy, its more less I feel this ought to do the job. Anyways were live now....

    Short @ 1.4520
    SL Establish @ 1.4550
    Pending Economy @ 1.4530
    Pending Economy @ 1.4540

    1:15AM
    Switching to M1 for a re-entry

    Exited Trade @ 1.4497 profit of 20pips

    ~~~~~~~~~~
    # OF TRADES: 1
    # OF WINS: 1
    # OF LOSSES: 0
    Total Pips: 20
    Success%: 100 percent

  10. #20
    Yea so scalping isnt as simple as it looks. The last 2 days if I followed that this system I'd have been murdered, it got rocked for declines right and left. To succeed with scalping in general I believe one must understand how to read and determine price action, end of story.
    When we follow a bigger timeframe when doing this, it may help. Simply trade in management of the bigger timeframe, however, who knows. I believe I may begin to follow and monitor that.

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