The 20 and 50 EMA crossed and I sold EURUSD. 1st part closed for 5p profit, 2nd for 10p profit. The stop is left at -4.6p. After the sell off yesterday the potential is not that great but let's see what the market will give.

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The stop was hit. Unfortunately I've missed the STE around 50 EMA on my second account. The price turned lower below 50 EMA and didn't have confirmation from PA.

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The stocks were forming a base just before the London open. A long position with small stop was warranted. 1st part closed at +6p, 2nd at +11.5p. Stop is left at -4.5p.

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NFP question

This pause is valid signal only after a quick price move towards support or resistance.

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When you scalp you should be veeery quick. No time for hesitation.

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STE off 20 EMA. 2/3rds of the position closed at +5p profit, stop is at -5p. Market waits for NFP and I shouldn't expect wonders.

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It's rather a few slow ticks within 2-4 pips range. It could last less than a second.

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Today the market is expecting the NFP numbers and I don't expect good trading opportunities during the European session. I'll look for STE or TTE after the data.

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cash_machine, you are helping me a lot with these questions about the jumps. I have to explain all this in my videos, but I've never tried to do it before. Sometimes the price can go a few pips beyond the level. That is why I say around the level. ...

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I don't have any particular requirements for the jumps. More important for me is they occur near support or resistance after exhaustive price move. The major pairs and stock indices must be in correlation. By jumps I mean consecutive up and down ...

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Let's say the eurusd drops 20 pips with no retracement at all. On 1M chart you'll see 2 or 3 big black candles with almost no shadows. This means that the bears were selling aggressively. This move is getting exhausted at some point and new sellers ...

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It's a very difficult question. I probably wait for a pause after a quick move towards support or resistance levels. The correlation is used as additional filter. Basically what I'm looking for is the quotes to jump at the same level 2-3 times. Also ...

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3rd part stopped at -5p.

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2nd part closed for 11p profit.

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STE off 50 EMA. 1st part closed at +5.3p. The target of the second part is 10-12 pips. Stop at -5p.

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I was busy this morning and I've missed the trade of the day.

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I saw only one good short entry according to my criteria but I've missed it. I'm looking for a correction to 50 EMA after such price move.

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As you may have noticed I have two trading accounts. First is for scalping and it is Currenex based with very tight spreads and fast fills. Second is for STEs with good spreads and great position management tools.

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Today I have some other job to do and I'm in a scalping mode. The entries are based on quote reading. The strong correlation is helping a lot. I've missed one good STE.

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