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by Jhx
Thu Aug 18, 2022 1:26 am
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

I'm also trying to be more aware of context that's outside my chart. This isn't really for bias, just know where some 'barriers' could be. When I'm scalping, because of the scope of what I can see on a smaller chart, I might be missing a place I'm trading into. I'll be doing this as part of a daily ...
by Jhx
Wed Aug 17, 2022 10:16 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

When studying data for manual trading there is a point where a rabbit hole appears and you keep tunneling to no where. As humans we try to create a senerio where our data fits perfectly. This natural process is "Curve Fitting". It seems logical but in the end the financial data is created...
by Jhx
Wed Aug 17, 2022 8:51 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

When studying data for manual trading there is a point where a rabbit hole appears and you keep tunneling to no where. As humans we try to create a senerio where our data fits perfectly. This natural process is "Curve Fitting". It seems logical but in the end the financial data is created...
by Jhx
Wed Aug 17, 2022 5:53 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Anyway, here are the trades, and the context. There was a really good short move that happened before my session. Overall, my session was a ranging session. But I think I noticed some things today: 1) Whether trending or ranging it's ok to take the trade as long as there is room to take some profit....
by Jhx
Wed Aug 17, 2022 5:36 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Not really relevant to the thread itself but this is how I tweaked the chart to see it better. At first glance it might look odd but M1 candlestick bodies are more of a clutter since I'm more interested in the M5 bodies; M1 candles are mostly for highs and lows and stop placement. They make it easie...
by Jhx
Wed Aug 17, 2022 3:42 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

1 BE, 1 missed trade because I don't know why I missed it, and 1 W to almost 1R. So with that and the BE (which is about 0.1R) it was 1R give or take. I think I made some good findings that may help me simplify stuff :mrgreen: . And other fluff; I could also adjust something in the overlay indicator...
by Jhx
Tue Aug 16, 2022 5:03 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Moving the stop to BE on these scalps feels better to me. I don't know how much of this is just trading psychology vs 'better' decisions. Maybe it's detrimental to the trade's performance, but it does feel nice reducing risk for a potential of getting more. These trades often go for more than 1R, an...
by Jhx
Tue Aug 16, 2022 4:54 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Today was better. But still need more trades to fix yesterday's session lol. 2 Losers for-1R each (plan was to look for an exit at -70% but the candle just went through and hit the stop, maybe I should just exit if the sudden candle against is strong). 2 BE (0.1R). These are 'technically' winners bu...
by Jhx
Mon Aug 15, 2022 10:28 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

A lot of money can be made on just about any pair. There are times when GU is total crap compared to EU. If you master EU you can make a million $ a year or more. The same with many other pairs, index, futures, options, stocks. If you manage your risk well enough you'll be able to access enough cap...
by Jhx
Mon Aug 15, 2022 10:22 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Today was a red day; seems like everything went against :lol:. Some decent runs getting closer to target and then a sudden candle in the opposite direction. In hindsight there were 2 trades I wouldn't have taken (due to rules / something I missed). I reviewed them all and in all honestly they do loo...

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