scalping eurusd

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

  1. cvds16


    I have three hourly charts open and even then I am missing that short signal, it's unbelievable :(
    #231     Jan 3, 2018
  2. kellys


    You have three x1 hourly charts open?
    I would have to define this as sheer stupidity cvds16.

    Are you not long?
    #232     Jan 3, 2018
  3. expiated


    Locked in my profit @ 1.2026 and am now looking to scalp a second round of pips by going long @ 1.2010.
    #233     Jan 3, 2018
    cvds16 likes this.
  4. expiated


    Exited this time @ 1.2022
    #234     Jan 3, 2018
    cvds16 likes this.
  5. That's why I don't like Madam Mae trading strategy.

    It is not gurellia trading where you quickly enter and exit to earn just one or two minuscule
    It is counter trend trading with poor understand of trend analysis.

    Instead of earning tens of ticks trading with trend,
    she teaches how to earn one or two ticks trading against trend.

    When the trend is down, she teaches you to long and long eurusd repeatedly.
    It might blow the account soon.
    #235     Jan 3, 2018
    cvds16 likes this.
  6. expiated


    The way my charts read, as of today, EURUSD’s day-to-day trend has just turned bearish.
    #236     Jan 3, 2018
  7. cvds16


    long 1.2019 3H ib break with hidden divergence
    #237     Jan 3, 2018
  8. cvds16


    I guess you always can't be right ;-)
    #238     Jan 4, 2018
  9. I don't like Madam Mae trading strategy.

    You ended up being very trigger happy even when there is no signal.
    #239     Jan 4, 2018
  10. cvds16


    these are my new trading rules:
    • 3H sto is the trend, take 1H signal with the trend as in sto hook with engulfer
    • 3H ema50 is the bigger trend however if 3H 123 reversal you need 3H signal to go against it stoch and in line with the bigger trend
    • when 3H and 1H are both overbought oversold then you only need 1H signal against the trend as in counterengulfer or morning star / evening star till ema20 on hourly
    #240     Jan 4, 2018