scalping eurusd

Discussion in 'Journals' started by cvds16, Dec 25, 2017.

  1. kellys

    kellys

    No.

    If I'm a large EUR trader and I do 1 yard, does it matter what time frame you're looking at?
    No, because regardless of time frame, I have done 1 yard LOL
     
    #171     Jan 2, 2018
  2. cvds16

    cvds16

    I though we were going to see a pinbar and anticipated this a few minutes before the hour ... not such a bright idea it turned out to be but no loss
     
    #172     Jan 2, 2018
  3. cvds16

    cvds16

    ok, you got me laughing there ... you don't buy 1 yard at market like that without it not showing somehow on the charts
    my broker in the best case only let's me buy 100 lots at best :( lol
     
    #173     Jan 2, 2018
  4. cvds16

    cvds16

    but yes, what I heard was most likely wrong
     
    #174     Jan 2, 2018
  5. cvds16

    cvds16

    well, that was it for me for today ... thanks for the moral support both of you and cya hopefully tomorrow.
     
    #175     Jan 2, 2018
  6. cvds16

    cvds16

    I left it open while I was at the dentist, seemed too good not to let go but it didn't get triggered.
     
    #176     Jan 2, 2018
  7. kellys

    kellys

    You're missing the point.

    Firstly, I did not say I do 1 yard at market.
    I said: I do 1 yard.

    That 1 yard will go through irrespective of the time frame you're monitoring.
    Therefore, there is no edge in chart time frames.

    Can you not understand that?
     
    #177     Jan 2, 2018
  8. cvds16

    cvds16

    I do understand: there is an edge in chart time frames as the bigger trades will show up no matter what ! I finally got that, that's why trend trading works ... :)
     
    #178     Jan 2, 2018
  9. cvds16

    cvds16

    my next target should be around 1.2110 (third wave, actually slightly higher at 1.2114: but I learned my lesson from today, you don't want your targets to be too exact).
     
    #179     Jan 2, 2018
  10. kellys

    kellys

    The bigger trades show up on ALL time frames.
    Therefore time frame is irrelevant!

    This is exhausting lol
    Okay, come back to this later on in time, maybe a few years from now. There may be a chance you'll understand then. When you're ready, you're ready.

    All the best and enjoy your trading!
     
    #180     Jan 2, 2018