Right idea — Xaron, You've got the right idea here, inside bars are powerful and they are one of my favorite trading strategies. The power of the inside bar is infinite yield, and risk-reward ratios in excess of 1:10. Of course, not every IB ...

From 10k to 1 million...

USDCAD Inside Day — And while we're at it, there's some serious price action going on in the USDCAD today. Inside bar right on a daily trendline. This is as great an opportunity as you get in this business, folks. Long bracket, wait for the ...

XXX Confluence Scalping Method

Getting payd — Well, anyone who took the euro trade is get well paid now, and its bound to run the round number of 1.2500 tonight which will take us to our first profit target.

XXX Confluence Scalping Method

Euro Straddle — I'm seeing a tremendous straddle opportunity in the Euro right now that only happens once or twice a year. It is in major consolidation ahead of the bailout vote, including a daily inside bar yesterday. I have no idea which way ...

XXX Confluence Scalping Method

UJ result — I pulled the order ahead of the bailout news, but had I left it in it would have given me a cool 40 pips. I had my entry set at 90.60.

XXX Confluence Scalping Method

45 fast pips — I scalped the 38.2%/weekly pivot area of 91.00 for some fast pips last night...eyeing the monthly 50% area...

XXX Confluence Scalping Method

USDJPY Scalp — I see a great scalp opportunity in the USDJPY tonight. If the yen should fall to the confluence of the 61.8%, prior resistance, and round number level at 90.00 before tomorrow's NFP, I will scalp it there.

XXX Confluence Scalping Method

No, I just take the most recent substantial move on the four hour chart and draw a fib level there. 50% is the strongest, but other two can be used with strong confluence.

XXX Confluence Scalping Method

Hmm, that could work...maybe the moderator will move it.

XXX Confluence Scalping Method

We have different methods. I trade with targets, and I'm looking to scalp long term S/R rather than ride them. I ride them too sometimes, but I am just posting scalps here. I am simply trying to reinforce the principles of market mechanics to newer ...

XXX Confluence Scalping Method

Pound Scalp — Lets not forget the pound. A scalp I took off the confluence of the 38.2% fib on the 4 hr chart and the prior low. Drawdown, 30 pips, payout, 88 pips. The more eyes on a level, the more it will react. Note where price stopped ...

XXX Confluence Scalping Method

USDJPY Scalp — Another scalp I took. This had a 12 pip drawdown and a 60 pip payout. Notice the pivots all together with the Fib levels and S/R.

XXX Confluence Scalping Method

Why sell anything? The market pays me. If you don't want to learn, fine. I am not here to recommend price action and confluence. I'm here to PROVE it. I risk 1-3% per trade depending on the time frame. I will not call trades in real time, ...

XXX Confluence Scalping Method

The Setup — Here is the setup on my chart: AutoPivot with Daily, Weekly and Monthly Pivot levels ATR 50 Inside bar indicator Price action indicator We are looking for a confluence of 4 hr+ Fibonacci levels, pivots, and pivot zones (S/R ...

XXX Confluence Scalping Method

The Method — Ask yourself, "Where is the money in this market? Where would the most people be looking to go long/short? Where are the stop orders? The limit orders? What is OBVIOUS to everyone?" These places are what we are looking for. We ...

XXX Confluence Scalping Method

I'm short on the four hour close at 1.1950 below the daily trendline, targeting 1.1350, 1.0950, and 1.0050. Oil just broke its downtrend line and there's no way it retests its lows. Stop at 1.2520...small lots.

USDCAD trend reversal?

where do you place your stops?

100% Sure Win but only in trending n ranging.

Thanks guys...I should clarify, truck driving was my summer job that put me through school. I used a remote wireless card and laptop to trade on the road, but I still couldn't give it the full attention I'm able to give it now. I studied Austrian ...

I have a good trading record, now what?