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- nebuman213 replied May 9, 2011
I completely believe the success rate you are talking about. It is extremely possible to make in an hour what most make in a day or even week...some in a year! The reason I say that is because I have tapped into this scalping zone two days in a row ...
Price is everything
- nebuman213 replied May 6, 2011
Friggin short again off the 5m doji. No more trades if this gets stopped. Chart in a few damn it shot up and had to close +15
Price is everything
- nebuman213 replied May 6, 2011
Went short on silver off m15 supply. Will post chart in a few if I don't get stopped out Stopped...stupid trade, huge momentum up like I expected and I'm shorting because I missed the move. Idiot
Price is everything
- nebuman213 replied May 6, 2011
Here is the actual zone I am referring to on the Daily zoomed into the M15... image
Price is everything
- nebuman213 replied May 6, 2011
I would not be the least bit surprised if we jumped up 400-500 pips before today closes and have a huge gap on Sunday to the upside...seems like a classic scenario of price being at demand right before a news event...and this demand level is good on ...
Price is everything
- nebuman213 replied May 6, 2011
The 5m chart looks like its respecting that demand area pretty well...
Price is everything
- nebuman213 replied May 5, 2011
Had to share this...scalping on silver, I've made 320% in the past hour....it was not on my live account but on demo unfortunately. I had stop losses in place for every trade (normally around 20 pips) and used the maximum margin available for each ...
Price is everything
- nebuman213 replied Apr 29, 2011
Thanks for your response! I entered based on the momentum engulfing bar too, but entry occured before the momentum bar engulfed and closed. I was curious what train of thought you were in to get the best possible entry before that momentum bar even ...
Price is everything
- nebuman213 replied Apr 29, 2011
Stopped...I saw it respecting the M5 momentum beneath my TP and bearish PA but I failed to react and close with partial profit. Noted that down...I'll dwell on that and stop for the week with my profits
Price is everything
- nebuman213 replied Apr 29, 2011
I bought some more as it went down...stop is right below previous entry. Although this M5 closed as momentum, I see price just retracing down on the M15 momentum that closed at the end of the hour forming an hourly PB. The TP is the same for both... ...
Price is everything
- nebuman213 replied Apr 29, 2011
Price actually retraced back to my Buy Limit order and would of been hit for an extra 15 pips had I not entered manually off the breakout...oh well, got my stop at BE +1 and confident that it will hit my TP, nothing to lose but a pip to gain if it ...
Price is everything
- nebuman213 replied Apr 29, 2011
Hey Kenny, where your BUY is at on silver is precisely where I had my Buy Limit after the M5 engulfed. Could you please tell me what thought process you went through to get that entry? Did you enter based on M1 price action before the M5 closed?
Price is everything
- nebuman213 replied Apr 29, 2011
Bought silver...had a buy limit lower after the M5 engulfed the previous bar and created momentum, but it missed by a pip so I entered off the 1M chart as it spiked down and back up and engulfed...it all happened too fast for me to post. Edit: TP is ...
Price is everything
- nebuman213 replied Apr 29, 2011
This is where the zone really is I think as it went lower then the zone I had drawn before like I thought it might. Not gonna buy unless I get confirmation momentum up on 5m...preferably 15m before this hourly candle closes.
Price is everything
- nebuman213 replied Apr 29, 2011
Ahhhh...huge execution error. I went to set TP at 48.862 and ended up entering 48.62 and hit submit and price shot and hit TP. That ended up being like +10ish I think so can't complain. Edit: It was actually +8
Price is everything
- nebuman213 replied Apr 29, 2011
Bought silver when that 1m engulfed after failing to go lower...rejection on 5m as well image
Price is everything
- nebuman213 replied Apr 29, 2011
I am seeing buyers at this demand zone...I'm waiting for further price action to enter a long on Silver The zone may be a bit wider than that to the downside by 15 - 30 pips so I think we might see price going a bit lower if it doesn't show signs of ...
Price is everything
- nebuman213 replied Apr 29, 2011
Wow this one took 30 seconds...posting here is like magic! I post and when I look at the chart I'm up 30 pips! I closed this +28 image
Price is everything