It's always important to manage your trade vipul. Once the trade had run your way, adjust your stop loss to BE or even profit, and if you are lucky, they become runners... Last friday, I entered a LONG on EURUSD at 1.2044 and once it broke out of ...

Simple Scalping

Wishing everyone a merry merry xmas and a happy new year 2018.... Glad to start seeing so many scalper joining in

Simple Scalping

Hello everyone Christmas is coming and how's everyone? Anyone gonna be like me trading through the Christmas festive season?

Simple Scalping

Always remember, there are thousand and one signals or opportunities that can come up, BUT it is the trader that make the critical decision to decide whether he take the trade or not. REMEMBER!!! You dun have to take all the opportunities you see, ...

Simple Scalping

I believe quite a number had replied you and provided you with the answer. For me, I seriously have difficulty putting them down in words, hence it probably voice down to what Jenx said, COMMON SENSE. Multiple timeframe helps, price action counts, ...

Simple Scalping

This had to be the best thread I had chanced upon in late SEP 2017. Tried out the method and get a better understanding with much help from the generous JENX of course. And with a much better understanding and my own understanding of PA and S&R (I ...

Simple Scalping

I wouldn't say your SL is too tight, afterall who can define how tight is considered tight? Personally, I will generally plus/minus 2 pips to the place where my stop is identified to account for overrun. Often then not, they will ...

Simple Scalping

There is no one size fix all... As Jenx had mentioned, apart from depending on your experience, I think it's also depend on what you are trying to achieve and then break it down to a realistic and doable manner. Working your way up from micro lot is ...

Simple Scalping

Good morning all, start of last week of September... Hope everyone have a good week ahead... I'm short EURUSD since last week from 1.1950, gonna continue to sit on it...

EURUSD

Download the attached file in post #1 and put it in your MT4 platform as indicator.

Simple Scalping

Try playing with your lot size... You shouldn't be particularly concern with the risk:reward if you have a high win rate in scalping. In another way, to me time in position is risk to me, and if I keep my exposure to a minimum then my risk also ...

Simple Scalping

COOLz... I GOT IT... Thanks for the clarification! It helps ALOT

Simple Scalping

Meaning the BB MAs (middle line) is above the 2 MAs, is a BUY and vis versa? I was looking at the inclination of the 120 MAs to determine a buy or sell... GOSH!!! To further clarify, when the BB MA is above the 120 MAs, will be looking ...

Simple Scalping

Sorry, I have a damn questions... How do you determine the current trend (during your trade session), i.e. deciding to Buy or Sell. Use the 2 MAs, on the M1 charts or do you look to M5 or M15 to determine the direction then wait for opportunity to ...

Simple Scalping

Seem extremely risky unless PA support the retracement for the TP to be triggered, else you better be watching and monitoring the trade as it pan out. But YES, counter trend trade do work out sometime, but you have to know what you are looking for.

Simple Scalping

Thanks for the clarification, Jenx. I trade with naked chart, the most with Trend Lines and Support / Resistance Lines. Now with additional 5 lines (BB and SMMA), its getting confusing and crowded here on my chart, haha... Gonna take a while to get ...

Simple Scalping

Hi Jenx Chanced upon this thread you started yesterday and had an interesting read and some learning. I never really into indicators myself and had been scalping most of the time through price action, but so far no consistent result which it's ...

Simple Scalping

Took my profit (3 pips), take a break and see the build up

EURUSD

Adjusted my SL to 1.1966 after the market test the 1.1972, was stopped out with 5 pips profit. Just reestablished my LONG on EURUSD @ 1.1970 with SL @ 1.1964. Taking 1.1966-68 as a higher low on M1, that should built up for a break above the 1.1980 ...

EURUSD

I am trying a LONG on EUR after the sharp decline on monday, which is probably a retracement of the strong uptrend. Even in the event that the uptrend is finish/complete, and the start of the downtrend commence, after yesterday decline, a ...

EURUSD