@es/pip
your scalping technique is responsible for most of my scalping success . really learnt a lot from your charts. thanks man
PA, S/R, ZL, EXTREMES & MOMO
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
FXfreak wrote:es, thanks!
on your 1h-chart gu there is a support-line at 33. how did you know that this is a support? i would never draw a line there because price often came through that level in the past and it doesn't look like a good and fresh level.
once the head forms then the left shoulder becomes an area that has not been tested yet ----- based on the right side of the chart
if price had already came in and tested that area before that would no longer be an important area to me
if 33 didnt hold then the next area would be the next shoulder ( blue line)
Bend over and assume the position for another 4 years of hope and change.
Shinobi-X wrote:@es/pip
your scalping technique is responsible for most of my scalping success . really learnt a lot from your charts. thanks man
good deal
you can for sure just take a m5 and trade just that. i still do that sometimes when the range expands and there is enough room to each TP area.
as i am sure you know, it works fine as long as you dont take big losers and can flip your bias quickly and take the trades. and be able to just take a small profit if it doesnt go quick and get back in if need be
i have just found it easier to trade off larger s/r and use the m5 in the same way. This leads to some trades that have 70 pip targets with only a 5 or so pip stop.
Bend over and assume the position for another 4 years of hope and change.
- Shinobi-X
- rank: 50+ posts
- Posts: 95
- Joined: Mon May 18, 2009 2:38 am
- Reputation: 5
- Location: SOHO
- Gender:
es/pip wrote:Shinobi-X wrote:@es/pip
your scalping technique is responsible for most of my scalping success . really learnt a lot from your charts. thanks man
good deal
you can for sure just take a m5 and trade just that. i still do that sometimes when the range expands and there is enough room to each TP area.
as i am sure you know, it works fine as long as you dont take big losers and can flip your bias quickly and take the trades. and be able to just take a small profit if it doesnt go quick and get back in if need be
i have just found it easier to trade off larger s/r and use the m5 in the same way. This leads to some trades that have 70 pip targets with only a 5 or so pip stop.
yes, i agree with you. it's a lot easier to trade off higher tf while pinpointing the trade using m5 or smaller. in fact, my extended scalp is based on D1 bias/ pa/ s/r. H1 is used to confirm. i used statistics to find my edge in regard to sl or tp adjustments.
anyway, have a great weekend and more power for the coming trading week!
log out...
The gap between reality and dream is called action.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.