Search found 347 matches

by Jhx
Fri Aug 12, 2022 6:18 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

After looking at a bunch of my trades, I also noticed that when the work, they just work. More often than not it goes to profit instead of going back down and then to profit. I'll add another stat to my list which is how much it did go against before hitting the target. Maybe there's something I can...
by Jhx
Fri Aug 12, 2022 3:51 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Overall, I'm happy with how the challenge worked out, I've found something that makes me follow price and take action on the trades. I have my chart ready with what I think is useful and have a few notes for reminders right there, so I don't miss them. To take it a step further and take it more seri...
by Jhx
Fri Aug 12, 2022 3:47 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

This is the last day of the FTMO challenge. First win for 1R; the pullback did touch the first BO by just a bit, but it had broken off a pattern so I took the continuation. On the same move, I took the next, the pullback was a bit slow but then shot back up, was moving up nicely but was taking too l...
by Jhx
Fri Aug 12, 2022 3:03 pm
Forum: general
Topic: Let's get real, Wizzle's log
Replies: 199
Views: 18662
Gender: None specified

Re: Let's get real, Wizzle's log

I get the general idea, I think. Entering late makes sense, but does feel a bit odd. If I were to pick one, I'd say adding. But if you add, that means moving the stop, no? Because the average entry would move in the direction of the trade. Unless you account for that before hand and split the entry ...
by Jhx
Thu Aug 11, 2022 1:37 am
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Question to Don or anyone who uses ranges like this. Can ranges 'morph' or change without having a significant breakout? Or should I just attempt to adjust the same range as it evolves?

Referring to the ranges at the end:

GU_AsianSession_08102022_1.png
GU_AsianSession_08102022_1.png (231.67 KiB) Viewed 651 times

GU_AsianSession_08102022_2.png
GU_AsianSession_08102022_2.png (233.45 KiB) Viewed 651 times
by Jhx
Wed Aug 10, 2022 9:04 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Good stuff man. So, if I understand it correctly; you aim for a breakout but also do that using m1 entries (and m1 SL ???) but in the context of the m5? Like in your chart. GU_08102022_7.png Pretty much, yes. This is the explanation. At the end of the day it's something that I found to 'fix' a prob...
by Jhx
Wed Aug 10, 2022 7:37 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Kept charting outside my session, practice practice practice. It is not so much about hindsight, but more about identifying patterns, ranges (which are also patterns) and taking action when price breaks them, and noticing when not to take action. These last 3 days I think I made progress in being le...
by Jhx
Wed Aug 10, 2022 6:29 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Good stuff man. So, if I understand it correctly; you aim for a breakout but also do that using m1 entries (and m1 SL ???) but in the context of the m5? Like in your chart. GU_08102022_7.png Pretty much, yes. This is the explanation. At the end of the day it's something that I found to 'fix' a prob...
by Jhx
Wed Aug 10, 2022 4:00 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Also, I think I'm more comfortable charting the patterns this way, with the M1 and the M5 overlay. In most cases I just use the highs and lows off the M5 candles but the M1 gives me a better view of how the price has been moving inside the candles. This specially helps on candle where there were wic...
by Jhx
Wed Aug 10, 2022 3:57 pm
Forum: TheRumpledOne
Topic: Scalping: 3LZZ DSR
Replies: 240
Views: 20491
Gender: None specified

Re: Scalping: 3LZZ DSR

Winrate is now at 54.17%; between yesterday and today I was able to bump it up a little bit. I'm 0.8% away from the 5% profit target before the account resets. Entering this way helps (I think); I find myself taking a better look at the pattern itself (looking for momentum and strength of the pullba...

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