scalping eurusd

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

  1. kellys


    I'll leave you to your experiments.
    All the best today!
    #221     Jan 3, 2018
    cvds16 likes this.
  2. cvds16


    I am now adjusting some thing into my method: only trade the combo of either 1H or 3H setups
    #222     Jan 3, 2018
  3. 1H or 3H for scalping?Oh,man!!!...
    #223     Jan 3, 2018
  4. cvds16


    I am not scalping anymore; I am intraday swingtrading.
    #224     Jan 3, 2018
  5. expiated


    Long EURUSD @ 1.2015
    #225     Jan 3, 2018
    cvds16 likes this.
  6. cvds16


    fucking mad at myself for missing the obvious short at 08:00 CET while stochastics AND ema20 was clearly showing it. I will go long at the end of this hour if it engulfs (no more jumping the gun with signals; that burned me allready twice today :((( )
    #226     Jan 3, 2018
  7. cvds16


    I don't get easily mad but this time I am disgusted by myself ... pure idiotic trading at it's best :( Went long 1.2023 targeting 1.2150. Kelly rightly called it 'experiments', nothing less it is ... when will I learn to stick to the charts at hand
    #227     Jan 3, 2018
  8. trigger happy Madam Mae trading strategy?
    #228     Jan 3, 2018
  9. cvds16


    something like that I am afraid :(
    #229     Jan 3, 2018
  10. maxinger


    This is how I analyse. you might agree / disagree and that's up to you.

    You need to look at big picture.
    the day to profit from eurusd was on 29 dec and 2 Jan.
    If you failed to profit massively (say > 50 pips) from these 2 days, you are taking unncessary risk by trading on 3 Jan.

    On 3 Jan, there is a reversal down signal at 304pm, UTC+8.
    you can get decent reward / risk ratio of 2:1, ie about 25 pips but I doubt you can stretch target profit.

    Also if you look at the whole European market on 3 Jan, not many futures are moving except eurex btp and energy futures.
    Last edited: Jan 3, 2018
    #230     Jan 3, 2018