XXX Confluence Scalping Method
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Thread: XXX Confluence Scalping Method

  1. #1
    My name is Caleb S. and I have been a profitable trader for 8 weeks thanks to Jacko, the James16 group, Billy Ray Valentine, and Roland Campbell, whom I found here on forexforum.co.za. I owe much for the forum, as I have gone from being a losing trader to earning over 40% in my account in the last 8 weeks with the mentoring of those professional traders I fulfilled here. It may be done and I have done it. I have chosen to share a few of those my charts in real time as the trades are going on in the market for the eduion and benefit.

    Advice to new traders who want to make money:

    -Avoid the indiors. They are a distraction and they WILL destroy you and your account in addition to take way too much time to act upon.
    -Trade the four hour chart as the base chart. That is what the cash is looking at.
    -Look for OBVIOUS setups. The more eyes which are on a level, the more likely it is to be reactive.
    -Price action is now king. Read the first 40 or so pages of this James16 thread and/or spend a few months in his private forum.
    -Know where the stops and limits are at the market you are trading. That is what moves price.

    I'll be posting my charts in real time, but that I will not post my entrances and exits here. But not all is free in life. You will have to work at learning this material and that I wouldn't be doing you a favor in the long run if I gave you everything. (Who is John Galt?) Additionally, you can find legal ramifiions....

    Ready? Let us learn to trade and earn some money.

  2. #2
    Quote Originally Posted by ;
    My name is Caleb S. and I have been a profitable trader for 2 months thanks to Jacko, the James16 group, Billy Ray Valentine, and Roland Campbell, all of whom I found here on forexforum.co.za....
    I will be posting my charts in real time, however that I will not post my entrances and exits here. But not all is free in life. -- SO NO NEED TO POST HERE ANYWAY. IT'S A PLACE TO SHARE NOT TO SALE

  3. #3
    Quote Originally Posted by ;
    -Price action is now king. Browse the thread that is James16.

    I will be posting my charts in real time, but that I won't post my entrances and exits here. But not everything is free in life. You will need to work at learning this material and that I would not be doing you a favor.

    Ready? Let's learn to trade and make some cash.
    No entries, no exits. To put it differently, no transaction adminiion. That is interesting.

    Oh, please stop right there. The guy is sending all of you to the James16 thread. So the clear is, why should we bother to be here in the first place?

    WORK AND LEARNING THIS STUFF NOT EVERYTHING IS FREE IN LIFE

    Are you thinking about selling your system?

    Hey dude, your goals are good. However, you came out a little unpleasant. Sending people to additional threads to learn price action (in my view those threads you mentioned do not define what actual price action is) is another step backward.

  4. #4
    You're speaking about trashing indiors, but your charts are full of it.

    Another intriguing point.

  5. #5
    Here is the installation on my chart:

    AutoPivot with Daily, Weekly and Monthly Pivot levels
    ATR 50
    Inside bar indior
    Price action indior

    we're looking for a confluence of 4 hr Fibonacci levels, pivots, and pivot zones (S/R degrees ). The closer they are together, the better. If its a little fuzzy, we could look for price action or move on the trades.

    If they're close together, I'll fade the level using a stop that is a role of the ATR and a profit target based on market terms and S/R levels.

    Why don't we find out together? Let us post charts of confluence we view in the seven major pairs therefore we don't overlook some opportunities to profit. Crosses don't matter as much since there aren't as many eyes on those.
    https://www.forexforum.co.za/attachm...2136759141.mq4
    https://www.forexforum.co.za/attachm...723588613578.0
    https://www.forexforum.co.za/attachm...251329480930.2

  6. #6
    Market anything? The market pays me.

    If you don't need to understand, fine. I'm not here to urge price action and confluence. I'm here to PROVE it. I risk 1-3percent per trade depending on the time frame. I will not call transactions in real time, just levels and charts and their subsequent reaction. There are also legal reasons why I can't give entrances and exits.

  7. #7
    Still another scalp I required. This had a 12 pip drawdown along with a 60 pip payout. Notice the pivots all with all the Fib degrees and S/R.

  8. #8
    Quote Originally Posted by ;
    Why sell anything? The market pays me.

    If you don't need to understand, fine. I am not here to urge price action and confluence. I'm here to PROVE it. I risk 1-3percent per trade based on the time frame. I won't call trades in real time, just amounts and charts and their subsequent response. Additionally, there are legal reasons why I cannot give entries and exits.
    So in the event that you have to establish it, then what's why opening up a thread on the first place? Looking for vindied?

    The legal reason is at the event of giving out signs like trading hints. However, you can point out possible traffic entrances and exits in order to demone your system. Nothing wrong with this. Thus, if you are not going to call trades in real time, then you are good to go, legalwise.

    I think you started this thread using the wrong foot. If you are cheerleading Jacko and James, why the people will accompany your prove in the first place?

    They'll be better off after Jacko and James (complimentary ) threads.

    Don't you believe?

  9. #9
    Lets remember the pound. A scalp I took off the confluence of the 38.2percent fib on the 4 hr chart and also the prior low. Drawdown, 30 pips, payout, 88 pips. The more eyes on a level, the more it will react. Note where price stopped on the next chart after I required profit.


  10. #10
    Quote Originally Posted by ;
    So if you have to prove that, then what's the reason of opening a thread up on the very first loion? Looking to get vindied?

    The legal reason is in the event of giving out signs...
    We have various procedures. I trade with goals, and I'm looking to scalp long-term S/R rather than ride them. I ride them also sometimes, but I am simply posting scalps here. I am simply trying to reinforce the fundamentals of market mechanics to newer traders who could be swayed by deceptive elaborate looking indior systems that ultimately fail. I also need other folks to post charts because sometimes I miss hinges that other folks might see and vice versa. Type of a tank.

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