Patterns Observation.

[Mr. Hyde]

I think you conflated R values and pip values.
I have only made 30R+ once so Im not a good judge.
Give me 5 pips at $5k a pip and im done for the day.
I"ve only ever done a max 100 lot trades So I cant judge 500 lot trades.

Scalping can be done whenever. I prefer when London is open 2am to noon EST.

190R!!! I defer to the new master of swinging for the fences. If your really up 32R i would normally say close, compound and wait for a retrace and reenter. But these markets have been insane lately. So that 1hr chart might not be maxed out in these strange times.

Alais was that when you made like 150% on FOMC day?

It was when they first was doing something with Brexit

Ah. Another crazy time

[aliassmith]

190R!!! I defer to the new master of swinging for the fences. If your really up 32R i would normally say close, compound and wait for a retrace and reenter. But these markets have been insane lately. So that 1hr chart might not be maxed out in these strange times.

Alais was that when you made like 150% on FOMC day?

It was when they first was doing something with Brexit

Ah. Another crazy time

It was crazy and perfect. I kept adding to my initial position until i ran out of leverage then kept adding as more margin opened up.

The power of adding to a trade is ridiculous.

[Don_xyZ]

Yesterday's are gone.
Some trades are not worth taking.
Some other trades are losers.
Minimize loss, optimize profit.

According to the immediate bias in H1 the Anchor trade is maxed out already but then... comes the D1. Anchor trade is already at 32R+ but there is a potential to make 190R+

Question #1 What will you do in this situation? Will you bail? Will you hold?
Question #2 Will you bail if this is a $1 per pip? Will you hold?
Question #3 Will you bail if it's a $100 per pip? Will you hold?
Question #4 What if it's a $5k per pip? Will your body shake in fear of losing the unrealized profit that you already have or will your body start shaking because of the potential profit that might come fast?

Those same questions came from someone else, not me. I paraphrase.... "the difference between them and me is that they will shake when it's $5k per pip and their mental state will falter"

Start slow and then step on that gas like death is chasing you.

Now the charts...

EURUSD 5 minute chart
EURUSDM5.png

EURUSD 1 hour chart
EURUSDH1.png

EURUSD Daily chart
EURUSDDaily.png

I figured 08:00 or 09:00 up to 16:00 is the best time span for me to scalp or find potential anchor trade. What about you? Please share. Thanks!

Y'all have a great day!

I think you conflated R values and pip values.
I have only made 30R+ once so Im not a good judge.
Give me 5 pips at $5k a pip and im done for the day.
I"ve only ever done a max 100 lot trades So I cant judge 500 lot trades.

Scalping can be done whenever. I prefer when London is open 2am to noon EST.

It depends on the idea I'm trying to deliver I will use R or pip value because pip is the actual distance but R is the reward multiple of the risk.
I tried to read your thread since the earliest post and I think you are a humble judge
Yes, I look at the same time span.My 08:00 is MT4 time so it's around 2AM EST. I got a headache when I was still in NJ. Was there for a good 3 years learning English.

[Don_xyZ]

Yesterday's are gone.
Some trades are not worth taking.
Some other trades are losers.
Minimize loss, optimize profit.

According to the immediate bias in H1 the Anchor trade is maxed out already but then... comes the D1. Anchor trade is already at 32R+ but there is a potential to make 190R+

Question #1 What will you do in this situation? Will you bail? Will you hold?
Question #2 Will you bail if this is a $1 per pip? Will you hold?
Question #3 Will you bail if it's a $100 per pip? Will you hold?
Question #4 What if it's a $5k per pip? Will your body shake in fear of losing the unrealized profit that you already have or will your body start shaking because of the potential profit that might come fast?

Those same questions came from someone else, not me. I paraphrase.... "the difference between them and me is that they will shake when it's $5k per pip and their mental state will falter"

Start slow and then step on that gas like death is chasing you.

Now the charts...

EURUSD 5 minute chart
EURUSDM5.png

EURUSD 1 hour chart
EURUSDH1.png

EURUSD Daily chart
EURUSDDaily.png

I figured 08:00 or 09:00 up to 16:00 is the best time span for me to scalp or find potential anchor trade. What about you? Please share. Thanks!

Y'all have a great day!

I think you conflated R values and pip values.
I have only made 30R+ once so Im not a good judge.
Give me 5 pips at $5k a pip and im done for the day.
I"ve only ever done a max 100 lot trades So I cant judge 500 lot trades.

Scalping can be done whenever. I prefer when London is open 2am to noon EST.

190R!!! I defer to the new master of swinging for the fences. If your really up 32R i would normally say close, compound and wait for a retrace and reenter. But these markets have been insane lately. So that 1hr chart might not be maxed out in these strange times.

Alais was that when you made like 150% on FOMC day?

Yes, already closed at 29R. I didn't like the build-up. It's not my grade A trade. Making 20 to 30R a day (cumulative) is not uncommon when you scalp. Finding grade A Anchor trade though is hard. Can only do it under the right conditions.

The key is knowing which TF is backing you up. If it's H4 then you hold on to H4 target, if it's daily then it's the daily target. Maintaining an anchor trade is also necessary should the flow goes against you because you are using smaller tf to gauge those big tfs.

[Mr. Hyde]

I think you conflated R values and pip values.
I have only made 30R+ once so Im not a good judge.
Give me 5 pips at $5k a pip and im done for the day.
I"ve only ever done a max 100 lot trades So I cant judge 500 lot trades.

Scalping can be done whenever. I prefer when London is open 2am to noon EST.

190R!!! I defer to the new master of swinging for the fences. If your really up 32R i would normally say close, compound and wait for a retrace and reenter. But these markets have been insane lately. So that 1hr chart might not be maxed out in these strange times.

Alais was that when you made like 150% on FOMC day?

Yes, already closed at 29R. I didn't like the build-up. It's not my grade A trade. Making 20 to 30R a day (cumulative) is not uncommon when you scalp. Finding grade A Anchor trade though is hard. Can only do it under the right conditions.

The key is knowing which TF is backing you up. If it's H4 then you hold on to H4 target, if it's daily then it's the daily target. Maintaining an anchor trade is also necessary should the flow goes against you because you are using smaller tf to gauge those big tfs.

20 to 30 R is not uncommon for a day. Thats most peoples month. s**t thats some peoples year Nice job

[Don_xyZ]

190R!!! I defer to the new master of swinging for the fences. If your really up 32R i would normally say close, compound and wait for a retrace and reenter. But these markets have been insane lately. So that 1hr chart might not be maxed out in these strange times.

Alais was that when you made like 150% on FOMC day?

Yes, already closed at 29R. I didn't like the build-up. It's not my grade A trade. Making 20 to 30R a day (cumulative) is not uncommon when you scalp. Finding grade A Anchor trade though is hard. Can only do it under the right conditions.

The key is knowing which TF is backing you up. If it's H4 then you hold on to H4 target, if it's daily then it's the daily target. Maintaining an anchor trade is also necessary should the flow goes against you because you are using smaller tf to gauge those big tfs.

20 to 30 R is not uncommon for a day. Thats most peoples month. s**t thats some peoples year Nice job

Obviously, not every day is gonna be like that though.

[Mr. Hyde]

Yes, already closed at 29R. I didn't like the build-up. It's not my grade A trade. Making 20 to 30R a day (cumulative) is not uncommon when you scalp. Finding grade A Anchor trade though is hard. Can only do it under the right conditions.

The key is knowing which TF is backing you up. If it's H4 then you hold on to H4 target, if it's daily then it's the daily target. Maintaining an anchor trade is also necessary should the flow goes against you because you are using smaller tf to gauge those big tfs.

20 to 30 R is not uncommon for a day. Thats most peoples month. s**t thats some peoples year Nice job

Obviously, not every day is gonna be like that though.

s**t. ill take one day like that. Even a measly 1% risk is a 30% gain. You scalpers are killing me.

[aliassmith]

20 to 30 R is not uncommon for a day. Thats most peoples month. s**t thats some peoples year Nice job

Obviously, not every day is gonna be like that though.

s**t. ill take one day like that. Even a measly 1% risk is a 30% gain. You scalpers are killing me.

You can scalp or swing and end up in the same place.
I'm not patient enough for swings.
I'm generation x and have played video games since they were invented so I think that could be why scalping suits me.
My scalping yesterday was 7R. Im conservative in my old age and risk less than 1%.
If you have 6 and 7 figure account its good money without stressing yourself out.
These days if you are a legit trader its not hard to have accounts that size.

[aliassmith]

20 to 30 R is not uncommon for a day. Thats most peoples month. s**t thats some peoples year Nice job

Obviously, not every day is gonna be like that though.

s**t. ill take one day like that. Even a measly 1% risk is a 30% gain. You scalpers are killing me.

Couldn't you have made a truck full of cash stacking on that short. There is a FVG near the top and stack the s**t out of it. I think the last time I did a swing/stack it was 17% return in 3 hours-ish.

[Mr. Hyde]

Obviously, not every day is gonna be like that though.

s**t. ill take one day like that. Even a measly 1% risk is a 30% gain. You scalpers are killing me.

You can scalp or swing and end up in the same place.
I'm not patient enough for swings.
I'm generation x and have played video games since they were invented so I think that could be why scalping suits me.
My scalping yesterday was 7R. Im conservative in my old age and risk less than 1%.
If you have 6 and 7 figure account its good money without stressing yourself out.
These days if you are a legit trader its not hard to have accounts that size.

Yeah, thats how i look at scalping. Its like a video game to me. One that is suck with. I would be happy with 1R a day from scalping, haha