Last one. Choppy Friday... image

Justin's Playground

For some reasons, I love Russian folk music.... url

Justin's Playground

image Two small trades so far.... Later part of pre-session is rather slow and consolidating Friday today. Just quick in and out. By the way fading the pinbars works nicely usually. I learned it from Senja.

Justin's Playground

My observation about MA so far: JMA > HMA > ZLEMA > ALMA (based on speed and efficiency) Jurik is all time best and no reason to use other contenders when I have the best one. When you have a Mercedes, you don't want Hyundai or Toyota anymore right? ...

Justin's Playground

image Although I didn't trade it I see this was the high provability trade. JMA and CCI both agree, PA also agrees (pin bar bouncing above 50 EMA).... Good to make a quick 15 - 20 ticks of profit.

Justin's Playground

Motivewave version 7 has been officially released but their trade copier is still quite buggy. Just hopeless people...... Sticking to Quantower.

Justin's Playground

Perhaps this is the first and the last trade today. I was busy with personal affair during the day and just came back to my computers. I don't like professionals dominating market session. image

Justin's Playground

image image This information may or may not be important to your trading...................

Justin's Playground

If you still have some trouble with reading PA and S/R, Square Line chart can help....? image VS. image

Justin's Playground

image Wicks in both sides. Professionals rule the market now.....

Justin's Playground

image "Professionals know that and would often intentionally push it down hard below the swing low to take stops."

Justin's Playground

This is about an hour before the regular exchange open and price action is already becoming tricky. I felt this with nat gas and now gold looks the same. Many many people say during regular trading hours trading becomes much difficult because all ...

Justin's Playground

He blew up all his prop firm accounts again and walked away from daily live streaming at the moment. Statistically his accounts cannot survive more than 100 days. Among the Youtube trading influences, it looks Patrick Wieland is performing the best. ...

Justin's Playground

I gave up day trading Nat Gas futures and instead I have started Gold futures scalping. Predicting one or two bars in the future is relatively much easier than 10 - 20 bars ahead. Longer you stay in the market, bigger the risk you take. Market is ...

Justin's Playground

Wow, I have quickly gave up! Obviously, this skill requires years of training and practice. I am now too old to learn something new. Making trades under the very quick decision making is very very difficult indeed. However, this is ...

sjmr2

How about watching 1, 2, 3, 4 and 5M charts altogether....? Any benefit? My quick, temporary setup (Gold futures chart via Quantower): image Not doing good on the first day of fun test: image image ...

sjmr2

I am fun testing this Gold scalping with my broker IC Markets and my observation is unless your winning ratio is substantially high enough, trading cost (commission + spread + slippage) can quickly and easily eat out your profits...... Early Asian ...

sjmr2

Hi, Steve Thank you very much for the details. It make sense to me. So, now the key in your success narrows down how often Mr. Market is willing to respect the origin of break. Of course, we should expect some ugly days like last Wednesday as you ...

sjmr2

Steve, it looks your trading style has become more aggressive recently. If I understood correctly, you often enter at previous S/R or break point without waiting confirmation. Does this work better to you now? It looks your style is becoming closer ...

sjmr2

Steve, do you think your current trading strategy and performance can be applied to other trading assets such as EURUSD or Nasdaq futures? Also, can it work with higher time frames such as 5M or 1H? 1M scalping can be quite stressful to some people ...

sjmr2