yes that is correct. the best ones are where the first one may hit 90 , the next around 85, and the third around 75-80, for instance, on a short, while price has continued to move up. this is classic divergence. i don't always wait for these exact ...

EUR/USD Scalp 1 min

I use 80 and 20 so that my win rate is higher. i get plenty of action with the 80/20. i concentrate heavily on my first entry. i hate drawdown, so if i can enhance my filter by staying at 80/20 i will probably stay there. i even thought about 85/15.

EUR/USD Scalp 1 min

I sometimes enter on the second push if we are up against resistance at a pivot or murrey and the price has already moved considerably. the longer you wait, the better chance you have. but, on the same note, the more you wait the less trades you ...

EUR/USD Scalp 1 min

good stuff. i trade the new york session. oanda seems to be pretty good for this. they just don't like people taking advantage of internet speed differences where trades are only open for a few seconds. you won't have that issue here. most trades ...

EUR/USD Scalp 1 min

TS, Good to see you trade this way. I don't have a hard stop for trading this way. I do have an emergency stop for power outages, etc. I really concentrate on entry. I find that when I do that I am not nervous about the SL. Even if I have to average ...

EUR/USD Scalp 1 min

I have mine set to close. It's a personal preference but the significance is the difference in the open, close, high, low price you would like to use. I believe default is close. Divergence can be a pretty long topic. Google it and see the ...

EUR/USD Scalp 1 min

Couldn't you technically use this on longs, too? Couldn't you wait for the stochs to go below 20, set up a downward trendline and take the break out up?

Trendline Break (The Only System You Need)

Yes, normally I do. It keeps me out of a ton of averaging up/down situations. If you really concentrate on your initial entry you will not find yourself in very many losing trades. I don't worry about the Main Pivot, though. I am normally ...

EUR/USD Scalp 1 min

Here it is the autopivot. I can't seem to pull the murrey off my computer for some weird reason. But if you google Murrey_Math_Line_X_eng you should find it.

EUR/USD Scalp 1 min

Hi guys, I use the autopivot indicator and the murrey math indicator. I see strong levels of support and resistance when these levels overlap each other. You'll get great retracements at these levels when price hits them with speed and force. ...

EUR/USD Scalp 1 min

Destruction. Nailed this one twice on the 2nd and 3rd push. Look at the divergence.

EUR/USD Scalp 1 min

I suppose you could use that pair, but I know it is a slow mover and I'm just not used to that pair. I don't recommend trading more than 2 pairs at a time with this method.

EUR/USD Scalp 1 min

hi francis, let me see if i can explain a little better. yes, there are times when the price will blow through these levels. so, to avoid this here is what i do. you'll notice sometimes that price will flutter around within a tight range or is ...

EUR/USD Scalp 1 min

it's stock rsi on mt4 along with stock rsi on oanda. i have both open at all times.

EUR/USD Scalp 1 min

Check out the chart. These are gorgeous trades and make money just about everytime. Now, you could have traded the OS/OB's, but back to what I was talking about earlier - we have three pushes up on the USD/CHF, and divergence. I was in and out for a ...

EUR/USD Scalp 1 min

Good stuff, man. I am trading with half lots right now.

EUR/USD Scalp 1 min

My RSI is set to (8) with 80 and 20. Yes, you will lose your butt with this system if you get caught in this situation. The RSI can stay buried, but when you are looking for 5 pips on a 1 minute against support/resistance, you can knock these out ...

EUR/USD Scalp 1 min

Nice job. Trade what works for ya! I mainly stick to EU and UJ for this by the way. Low spreads and I have a feel for how these 2 move.

EUR/USD Scalp 1 min

Toons, One more thing. It looks like you fell behind on a breakout. I like to see set ups that have at least 2-3 pushes/waves in a particular direction. That tells me we are little closer to exhaustion when we enter. So, keep an eye on bollys when ...

EUR/USD Scalp 1 min

Yes pivot lines and murrey math lines show possible areas of support and resistance. You can find them all over the net for MT4. I look for extreme OS/OB when these levels are hit and look for 5 pip countertrend trades.

EUR/USD Scalp 1 min