Interactive Euro Scalping - Page 3
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Thread: Interactive Euro Scalping

  1. #21
    Quote Originally Posted by ;
    Well price has broken support and can be under it for he next time so if you are still short from higher up you are in a good place!
    Thanks, I believe I will hold for today as I think this has room to fall into 1.3100

  2. #22
    Its through the 1.3125 level today so next surge is 1.3100 but guess it will return up and retest the old support at 1.3130 if it divides through I'm out for sure. No I will take profit then.

    But hopefully I won't need to till 1.3100 gets analyzed.

    By how do you trade the 25 pip levels too?

  3. #23
    Quote Originally Posted by ;
    Well I am in be it somewhat early as price didn't get to the top of box but had a HA color change so took it. Cease is over 100 and 200ema and resistance so fine solid stop.

    Might enter again if price comes up to high and turns as quite like this set up as 100/200 emas just crossing down also.

    Of course it might just as easily go up from here however I see this as a high likelihood trade that has a fantastic chance of a benefit of 2:1 so worth the try.

    lets see what happens??????
    Oh well there you go price decided to split out the top instead this time.

  4. #24
    Going sideways so Shut out for 8 pips See it fly up the Display

  5. #25
    Quote Originally Posted by ;
    First commerce of the day evident uptrend so took ward from 100ema.

    At BE today so lets see what happens?
    Hi could u please tell me what's BE?? I dont get ur green vertical line....how can I receive it???

    thanks

  6. #26
    Rib?nRJesres
    Guest
    Hello Roof, great thread, I Am a total newb so for Now I'm going to sit and watch but this thread Is a Superb resource for me

  7. #27
    Quote Originally Posted by ;
    Price did come up and rebound on the high I had been expecting for [...]
    Thank you for the comprehensive description of your transactions (btw, congratulation for the nice trades!) . Is there a special rule you derive your own lines to exchange from?

  8. #28
    Quote Originally Posted by ;
    Hello I am sorry I wasn't able to make it understandable .... U said that constantly trade with a trend.... Is it feasible to spot that the breakout of a trend in proactive manner...??? I mean like if I see that price is going down for 1 hour which means fashion is brief .... How do I recognize this trend going to finish now it'll go opposite ....
    Well to be fair you can't foresee a fashion change or reversal you merely have to keep trading with the trend until it ends. Just assume it's likely to go on forever and keep taking the entrances.

    However there are a few egies to find it has finished, such as if it's downtrending then it'll be generating LL LH's one after another so as soon as you find a HL or HH its possible it's going to finish. These are called 123's and lots of traders will enter from the opposite direction as soon as they see one. The opposite is true in uptrends.

    Another manner particularly on 1 second charts is to start looking for major support or resistance levels where price may reverse. Big numbers are just another area where you could expect reversals on reduced timeframes for example 100 levels.

    You can take a bet and just enter if price slows down or await the bounce and subsequent 123 signal and enter. But best choice is to just stand apart until price is trending in the opposite way.

    This place where price is turning generally goes for a while and causes traders to lose their cash. Always , always best to only trade when you're able to observe a clear powerful fashion. Unless of course you've got the abilities of Roofx who trades minor reversal all day long.

    So basically just trade the trend as though it is not going to finish, but be cautious because it means support/resitance amounts or big Nos.

    Oh and you asked about my green traces well its tiny indior I use to indie 0800hrs Green and 2100 Red which are the beginning of the London open and finsih of New York session, just a guide as to greatest trading interval. Indior attached under.

    Only set Begin 1 to 08:00 and finish 1 to 08:01 and Begin 2 to 21:00 and End 2 to 21:01 for 1 minute charts. If using larger time charts then place as candle width 5min for 5 min 15 for 15 min etc
    https://www.forexforum.co.za/attachm...7332068936.mq4

  9. #29
    Morning guys,

    I'm most likely not likely to be trading today. I hate days like today, with lots of news, Ecofin and Draghi speaking then FOMC afterwards, nowadays usually are tough for me personally.

  10. #30
    Quote Originally Posted by ;
    Hello ,

    just in case you are seeking new trading ideas to take care of wild days similar to this:

    There is another thread here inforexforum.co.zawith experienced traders that concentrate on EUR/USD quite successful during the day. It's called and Medici commerce the European available.

    Of course, I know that you are a seasoned trader. Experienced traders make money mostly by knowing when to not trade.

    ... but that doesn't indie that learning ever ends in regards to...
    TraderJF, many thanks for the link. I'll read through with my lunch. You are my friend, you never stops learning. And even when we become profitable we have to keep looking at new ideas because nothing ever stays the same from the markets and when we don't keep improving and adapting we will wind up right back to where we came out, struggling to make pips.

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