nj542 Scalp Method

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flossnhoss
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Postby flossnhoss » Tue Aug 18, 2009 1:55 pm

pablo101 wrote:Hi NJ, I've a question about the entry . You would enter when:

1. you see a sema 3 or 2 appears
2. then you would enter using the DTB triggers

But you only take one trade or do you multiple entries on the same sema?

Thanks for sharing :)



I would think it works just like TRO's originals DTB...enter only once per sema, if prices moves against you, you can re-enter 2 or 3 times (if you are willing to risk more).

Just my guess.

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pablo101
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Postby pablo101 » Tue Aug 18, 2009 2:55 pm

nj542 wrote:
pablo101 wrote:Hi NJ, I've a question about the entry . You would enter when:

1. you see a sema 3 or 2 appears
2. then you would enter using the DTB triggers


YES...

pablo101 wrote:But you only take one trade or do you multiple entries on the same sema?


only one trade on the sema...
if you stopped out...then wait till it make the new sema...


Thanks NJ, that's very clear.

I'll try to find some time to try your way this week or next and post some charts. Happy pippin!

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Postby prochargedmopar » Tue Aug 18, 2009 9:53 pm

Hey NJ,

I thought 3clipz said he made 240 the first day with your system and the shi-channel.
I see that you don't use it.
Will you expain?

Also, Will you post a link to the rev.1.6 for 3clipz template?

Thanks.
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THX, some questions

Postby frang0nve » Wed Aug 19, 2009 1:59 am

Hello NJ,

Thanks for sharing.

Can I ask you?:

1 Do you trade against the 1 hour colour?
2 Do you await for a 1, 2 or 3 sema in the current or previous 1 hour candle?
3 What do you do when a background sema is plotted?


Cheers

Francisco

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noone22
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Postby noone22 » Wed Aug 19, 2009 8:48 am

Thanx for sharing.

However, pdf refers to 3clipz DTB v1.6 template,
which is not avaialble on kreslik yet
(the latest version of 3clipz system is 1.3,
silently updated on front page of main thread
http://kreslik.com/forums/viewtopic.php ... highlight=
on the matter).

Could you confirm, whether it is a mistake or provide full link
to version 1.6 - very interesting to see it.

Regards

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Postby pablo101 » Wed Aug 19, 2009 9:13 am

Well I made 80 odd pips in the first 4 hours of London open trading NJ way today. The last trade was a beauty spike down for 40pips but probably lucky. I did trade the reversals longs but if you have a look at the GU 1 minute trend was down and it was almost a surety of getting pips if trading with the trend:) Anyway, no conclusions yet as this is still the first day for me (AND I'm getting into zlines on the other thread, another 100 pages to go on the NLA thread, phew *deserves a pat on the back*). More to report at a later date. Thanks NJ
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nj542
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Postby nj542 » Wed Aug 19, 2009 10:52 am

prochargedmopar wrote:Hey NJ,

I thought 3clipz said he made 240 the first day with your system and the shi-channel.
I see that you don't use it.
Will you expain?

Also, Will you post a link to the rev.1.6 for 3clipz template?

Thanks.


tha SHI channel make my head hurts...lol...
makes things more complicated...i don't like that...
so i removed it...

if you like to use it..it's up to you...
:)

http://kreslik.com/forums/viewtopic.php?t=1801
thz the 3clipz template...

nj542
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Postby nj542 » Wed Aug 19, 2009 10:58 am

noone22 wrote:Thanx for sharing.
Could you confirm, whether it is a mistake or provide full link
to version 1.6 - very interesting to see it.
Regards


i'm sorry...
it's v1.3...it's a mistake...

nj542
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Re: THX, some questions

Postby nj542 » Wed Aug 19, 2009 11:03 am

frang0nve wrote:Hello NJ,
1 Do you trade against the 1 hour colour?
2 Do you await for a 1, 2 or 3 sema in the current or previous 1 hour candle?
3 What do you do when a background sema is plotted?


no...i don't look @ the 1hour candle...
since this is scalping i don't think it's necessary...
but you can trade with the one hour candle if you don't like to go against the 1hour candle...
it's up to you...

well...the background sema's not taken as entry signals....
but i do pay attention when the show up on opposite side while i'm on a trade, 'coz sometimes price stalls when this happens..

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Postby johnsund » Wed Aug 26, 2009 5:38 pm

Thanks nj this may be just what I have been looning for. Do you currently keep all the lines that are on you template on your chart? If so which do you really watch for determining a trade? Also, lets say you see a seam3 after a drop of at least 45 minutes, and then a few bars later a sema2 forms. Do you get out right there - at the time of formation - or do you wait a few bars for some type of confimation? Thanks.

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