Looks good mate Here is a different option with the RSI TL. The volume however is not very notable in my example but PA is nice. image

Wiz Index

No I don't look for any TF alignment of RSI. I quite like the 3 RSI for timing entries (I described it in a lot of details in a previous thread). Sometimes I use 14 RSI trend line breaks for confirmation. I think I posted a few charts early on in ...

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No I did not. I just had a good feel for my account and for what I was willing to risk. I didn't just wake up one day and decide I was going to scalp with high volume, I had been scalping this way for a while.

Wiz Index

Well done mate. I'm glad you have managed to take something from here and put it to good use. Keep it up

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In a way, as stupid as it might sound, it is a bit difficult to explain exactly what it takes for me to pull the trigger. I have already explained what it is I look for but sometimes I take the shot and other times I am more hesitant. I guess I just ...

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Yes but I was talking about weekend gaps. Anyway we will see. Can't wait for Sunday night. My money is on a gap up (but that could be wishful thinking lol) Have a good weekend everyone.

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Nah, I reckon I can do it with 50

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You're right, but I saw exactly what I normally look for on that chart so I traded it. I believe if it hadn't closed for the weekend I would have made profit. From what i think I have seen I wouldn't be surprised to see a gap up on Sunday night. I ...

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Stick around mate. You will soon learn the knack I'm sure. It is pretty simple once that something clicks.

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I have ended up with a long position open on EURGBP over the weekend. Tried to close it along with a couple of others but I was a little late. So stupid! Now I have to sweat it out over the weekend. Hope there isn't a shock in the French ...

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Thank you Math, much appreciated

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LOL thanks mate. Sat in pizza hut with a pizza and a nice cold cider now. Went and messed that whole number up though, but just a little bit. I hope you have a good weekend too

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Because I was asleep mate Or else yes I would have closed there

Wiz Index

As I said before, Volume + PA is what I look for. Here is a very nice example. Closed a bit prematurely but I saw a very high volume (compared to surrounding volume) bearish pin bar so better safe than sorry. image

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Thanks mate. I know you like to use volume too so please feel free to share some charts if you want to.

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GU. Looks like interest at the highs to me. image

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I slept right after I placed that trade and I closed when I woke up. I often look for a nice setup on UJ at night time. I came in late from an event so I am not usually awake at that time.

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Here is a trade I took last night on USDJPY. It worked out well and I close it this morning because I identified what I thought was buying volume coming in. image image

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I have the rest of the day off work now so I will see if I can post a few charts.

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Someone else might have an answer for you but that is not something that I think too much about because every trading situation is unique. Everything depends on what I'm seeing on the chart in front of me at the time.

Wiz Index