Thanks sfOd...this indicator is fantastic....it picks the exact peaks and dips....used in dir of the trend with a filter for trend reverse you have a system. Awesome...I'll work on it

Scalping the Rainbow

Sounds amazing....I use my formula to calculate the size of the trade by the size of the acct, risk % for a trade and SL. At my SL20 and 4% risk and $100.000 acct I can trade 20 Lots and make 2% minimum (TP10pip) = $2,000 on a trade. That's ...

Scalping the Rainbow

Yen — Vertical lines = CCI signals #1 cci, s/r break, lg #2 cci, s/r break, no lg #3 cci, s/r break, lg #4 cci, no s/r break, no lg = no trade JPY...2/0..10+28=38pip Session total...5/0...100%....42+57+38 = 138 pips This is getting better ...

Scalping the Rainbow

Cable — Vertical lines = CCI signals #1 cci, s/r break, no lg #2 cci, s/r break, lg #3 cci, s/r break, no lg #4 cci s/r break, no lg #5 cci s/r break, lg under .15...good for the wolf, not good for the lion #6 cci. no s/r break, no lg = no ...

Scalping the Rainbow

My EUR session — Great idea madscalp...I had the same, but I use CCI. I went back and made a comparison for entries Vertical lines (CCI crossing 0 signals) lg = LaGuerre signal from left to right #1 cci, s/r break, lg #2 cci, s/r break, no lg ...

Scalping the Rainbow

Cyrox sells for about $600...i like to make my own systems, that's where the beauty is, in the journey, in discovery...that's what a real man do, achieve something great. That is what today's generation lost. Edison didn't buy the bulb, learn it or ...

Scalping the Rainbow

Sorry, I don't understand what u mean by "signs" and "its going to drop as far as I can see"...could you explain in other words? You mean signals for entry by signs? Try to read the tread from the beginning and post #55 in special...zoom in the pics ...

Scalping the Rainbow

Thx, it is simple, preatty and it works...people complicate things by nature, but I found that simple things work the best...trend and breaking the s/r lines are basic concepts, combined with a bit of fundamentals (news releases) and good money ...

Scalping the Rainbow

What do u mean by that?

Scalping the Rainbow

Thx fx, I'll try that...the risk would be higher, but if I can do more than 90% I think would work. I was thinking to try bigger TF also for more like swing trading

Scalping the Rainbow

Plese feel free to post your results here...I may learn something too

Scalping the Rainbow

I didn't study the 5 min today...it's all in the rainbow...helps in the beginning to see the trend more clearly, but I'll posted anyway OK, let's see....EUR 2/0...57+25 = 82pip, GBP1/1...49-20=19pip , JPY1/0...20pip Total: 4/1 trades...80%....131 ...

Scalping the Rainbow

Update — Hi ya'll, I'm back. Today as u see was another good day for the rainbow sys. ...in the morning 8:30 news pushed the $ up in a nice trend with the eur leading the pack,,,then the news at 10 did it again. I tried today a different ...

Scalping the Rainbow

It should...wich one r u using?..thx Have to go....bbl

Scalping the Rainbow

Signals — I use two types of entry. One is when the price comes back from the colors in the dir of the 5 min trend after a pulback, second....price breaks s/r lines in the dir of the 5 min trend. Second is safer and probably produces more ...

Scalping the Rainbow

Thu Aug 07 — No comment

Scalping the Rainbow

FXDD — "Residence, Regulation, and Company Management Structure FXDirectDealer, LLC («FXDD») is a subsidiary of Compagnie Financire Tradition. Company's Market Position The company names itself a broker and it is actually ECN. " url "When ...

Scalping the Rainbow

Thanx Mike, apreciate...I use FXDD because I read somewhere that is an ECN desguised as a broker , so is very fast. I just use it for demo. 1 pip is great...I was searching for one ....I'll look at Ikon Royal Thanks again, Dan

Scalping the Rainbow

Sorry about that, I was too tired last night....I fixed it today around noon....download again

Scalping the Rainbow

Lagging price — Today I usd the s/r lines for the first time....entered as soon as the snake passed his head on the other side of the s/r line, but before, when the line came out of the colors I use to wait for the 1min close. This is still ...

Scalping the Rainbow