eurusd — Mike, I usually don't take trades right after market opening Monday morning. It can be very tricky. As you can see from the chart the price failed to close above 62 fib from the last Swing low. I hope it helps.

4 Hour Strategy (MACD)

turnaround — Hi ayour2a, a believe that Phillip calls VT and VB, aggressive turnaround. Usually the candle that gives this signal is a bigger one (maybe an enguilfin), compared to a round top (or bottom) where the reversal is smoother. You ...

4 Hour Strategy (MACD)

usdjpy — Hi, I think than on the jpy the situation is similar to eur. We have the same fib level 162 as a support line. So unless is going under that level I wouldn't trade. You could enter now short with a SL on the daily pivot and TP that ...

4 Hour Strategy (MACD)

eurusd — Confluence daily pivot and 38 Fib. perfect TC on 1H. Unfortunately I didn't trade.

4 Hour Strategy (MACD)

That's why I trade only one currency for now. . I am more disciplined.

4 Hour Strategy (MACD)

eurusd — That was a strong resistance line.

4 Hour Strategy (MACD)

Hi, newpip, I can see that your scalping style is very simple. How are your results?

Linuxtroll Simple Scalping

lol — ....

Linuxtroll Simple Scalping

Didnt u entered before the market open? It was a good trade, but i guess i would have waited to brake the support from previous move.

Linuxtroll Simple Scalping

today — Still cant grab more than a few pips on this huge move. More practice. Made a few more scalps today but eventually they totaled 3 pips.

Linuxtroll Simple Scalping

IMHO — Well, I read first about this kind of strategy a few years ago. This was used to be a strategy for noobs at roulette. But just think about it. If you will reach at the 5th level that means you enter with 16 lots and the final gain after ...

Linuxtroll Simple Scalping

totay's trades — Today was better. Combining S/R with rainbow. Still need to improve a lot of things.

Linuxtroll Simple Scalping

THX — I can see what you mean Palmer. Thanks

4 Hour Strategy (MACD)

similarity — I remember what made me to take that trade. I saw something in one of LT's posts, and for me was very similar. Anyway, entered too late.

Linuxtroll Simple Scalping

thanks — Thank you all. I gotta be more confident. And more confidence you gain with more good trades. Bruno, I guess you are on the good road, you got it. omg 96 pips lost, what did u do? PC crashed during trade ? just joking

Linuxtroll Simple Scalping

— how would you call this, stupidity or bad luck?

Linuxtroll Simple Scalping

— Thanks for feedback pips! I also want do add a few things. I'm new to forex (about 1 year) and I didnt trade on any market before. What I want to say is that as a beginner I used to switch the systems almost every month and this is the ...

4 Hour Strategy (MACD)

EURUSD — Sorry, but havent post for several months. I need your opinion, if we'll have a TC would you take a short until or after it will brake 89SMA? Romeo.

4 Hour Strategy (MACD)

Sorry, i though it was a short one, now i see that was long, anyway, i usually dont take more than one trade per wave. Only if the rainbow squeeze and is a breakout in the same direction.

Linuxtroll Simple Scalping

Only noob opinion. At the first lose u didn wait for the spine to form. At the second, the price jumped too fast, and you entered too late. my 2 cents.

Linuxtroll Simple Scalping