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  • #241
  • Nov 30, 2021 2:39am Nov 30, 2021 2:39am
Quoting Machinator
{quote} Look Hline, what I mean saying DOM- it is 1. Order book (or on traders language '' exchange glass'') 2. Tape- real-time market orders 3 Clusters- how much volume came at one or another price. They are all equal for my analyses. When I see something unusual on any of them for ex. big limit order(s) volume in order book, big tick in the tape, unusual volume in the cluster it tells me that something is going to start and I am ready for a trade. As per charts- You see , I am trading what is going on for the moment, here and now ( not the history...
Hi Machinator,
As your explain, you looking for activity in the DOM near the levels.
Could you explain more clearly:
1. Do you only action when the DOM near the levels or you could join somewhere not near the levels?
2. The key level you care in which TF (1H, 4H or daily?) for scalp.
Thank you for your sharing.
  • #242
  • Nov 30, 2021 2:47am Nov 30, 2021 2:47am
Quoting HLine
{quote} I dont necessarily think the goal at this moment is to be profitable. Forgive me if im to blunt but i think the first goal is to just do it and learn while doing so. If end of the day you are green, great. If not try to find clues which help you to avoid making the errors. I know it feels good to end in profit but the journey to this goal is more gold at this moment, at least to me. At least thats what Machinator told me and im still on my way trying to reach that. At times im still not sure what to do and tend to force a trade, or i am...
Thank you for your help.
Frankly, I'm a bit confused to understand the situation. I think I need to practice more and more.
In 3 videos of free course, he mark the key level on H1 TF, see the action of paticipant at level. However, he seems not to care about cluster.
I dont really find the understand to use the cluster, which is 25% of important as Machinator said.
  • #243
  • Nov 30, 2021 3:17am Nov 30, 2021 3:17am
Quoting livetolove03
{quote} Thank you for your help. Frankly, I'm a bit confused to understand the situation. I think I need to practice more and more. In 3 videos of free course, he mark the key level on H1 TF, see the action of paticipant at level. However, he seems not to care about cluster. I dont really find the understand to use the cluster, which is 25% of important as Machinator said.
Hi LiveToLove,
I think practicing is key for everything and certainly for trading.
H1 might be a preference thing. I often times don't mark out any levels but just try to 'listen' what the tape is trying
to tell me.
Lately i also keep a close eye to the clusters delta to see if any up bar contains more sellers and vice versa. I always used to think
when we had a low for example, price should go up. Wrong. So when the delta is red and price made a low, chances are we continue to go down.

This was one of my pitfalls. So thats one thing i use the clusters for. The other is that you can look back and see the latest levels where most
volume took place. These levels can also act (not necessarily) like S/R where you can focus on. Should the DOM/glass agree in terms of volume, it could
give a good scalp opportunity.
  • #244
  • Edited 3:43am Nov 30, 2021 3:17am | Edited 3:43am
Quoting livetolove03
{quote} Hi Machinator, As your explain, you looking for activity in the DOM near the levels. Could you explain more clearly: 1. Do you only action when the DOM near the levels or you could join somewhere not near the levels? 2. The key level you care in which TF (1H, 4H or daily?) for scalp. Thank you for your sharing.
Hi guys!

I haven't been in Armenia/working for a couple of days. I had to visit my close relative funeral. Covid times what to do...

Sorry I have no mood for posting ,I will answer all the questions later.

The first trading day after an unexpected pause. Market is not bad, results are below.
Attached Image
Success is nothing more than a few simple disciplines, practiced every day.
  • #245
  • Nov 30, 2021 5:52am Nov 30, 2021 5:52am
Quoting Machinator
{quote} Hi guys! I haven't been in Armenia/working for a couple of days. I had to visit my close relative funeral. Covid times what to do... Sorry I have no mood for posting ,I will answer all the questions later. The first trading day after an unexpected pause. Market is not bad, results are below. {image}
Hi Machinator,

My condolences sorry for your loss.

Take your time my friend, the market is always here.

Talk later
  • #246
  • Nov 30, 2021 6:46am Nov 30, 2021 6:46am
Quoting Machinator
{quote} Hi guys! I haven't been in Armenia/working for a couple of days. I had to visit my close relative funeral. Covid times what to do... Sorry I have no mood for posting ,I will answer all the questions later. The first trading day after an unexpected pause. Market is not bad, results are below. {image}
Hi Machinator,
I'm very sorry to hear about your own loss.
Covid time is not easy at all.
Take care yourself.
  • #247
  • Nov 30, 2021 8:37am Nov 30, 2021 8:37am
Quoting HLine
{quote} Hi LiveToLove, I think practicing is key for everything and certainly for trading. H1 might be a preference thing. I often times don't mark out any levels but just try to 'listen' what the tape is trying to tell me. Lately i also keep a close eye to the clusters delta to see if any up bar contains more sellers and vice versa. I always used to think when we had a low for example, price should go up. Wrong. So when the delta is red and price made a low, chances are we continue to go down. This was one of my pitfalls. So thats one thing i use...
Hi HLine,
Many many thanks.
In the past, I used sum volum of buy and sell in cluster. When it is significant high and red, I sell and vice verse.
However, sometimes it works, sometimes not, I get loss.
I think because I focus on Cluster only.
Today, I try to use delta volume as your suggestion. It seems be better, higher winrate. Later, I'll try to incoporate with DOM and level.
One thing I'm curious is Machinator, his collegue and the man in CScalp, they use sum volume. I dont know its benefit.
  • #248
  • Dec 1, 2021 6:16am Dec 1, 2021 6:16am
Quoting Machinator
{quote} I am here to teach,but for the persons who want to be teached. I value your time, but my I I value more. Did you perform all the steps I mentioned in the post #14? I am more than surе if you spent just I couple of hours to download the soft and to watch videos with instructions you would find 90% answers to the questions you have. Dear frined, please make it and come back with concrete questions. Thanks in advance!
I am here, i just hope it gets easy from downloading, installing and executing the requirements. thanks
  • #249
  • Dec 1, 2021 6:48am Dec 1, 2021 6:48am
Quoting HLine
{quote} Hi Machinator, No trading today, dont have the focus at the moment. In this post you are talking about collecting spread in the DOM with larger spread. I've watched both videos, turned on subtitles, but somehow my brain doesnt see what its about. Is it to much asked for you to make one or two screenshots what collecting spread is about, its easy you said but i must be looking at it wrong then? I tried to find relative videos but didnt find any yet. Can it be done on any pair with large spread, the other is with small spread i think. Thanks...
please, can you show us a demonstrating video on how to collect the spreads and move on from there in making money. I only understood installing the required software and few basic options but i m not near understanding the execution process. Please MACHINATOR, assist.
  • #250
  • Dec 1, 2021 7:04am Dec 1, 2021 7:04am
Quoting tuugii0313
Hello everyone, Thank you @Machinator for introducing us to this scalping method. Last 3 days i studied the cscalp and did some small trades, I think, now I'm getting the hang of it. Thanks @HLine, your trade examples also helped me. {image} Later I will post some trade examples.
please can someone take his or her time to explain how to detect all these factors on cscalp as we present on this thread are not having the same level of understanding. Just a detailed explanation by one person will make a difference to many of us. Thank you
  • #251
  • Dec 2, 2021 12:41am Dec 2, 2021 12:41am
Quoting Hazeem
{quote} please can someone take his or her time to explain how to detect all these factors on cscalp as we present on this thread are not having the same level of understanding. Just a detailed explanation by one person will make a difference to many of us. Thank you
Hi Hazeem,

Im having limited time for trading this week since im having some challenges on a coding project.

The more i look into this scalping the DOM and/or collecting spread, the more i think it cannot be explained easily.
Not in a step by step textbook anyway.

Most important thing, as far as i can tell, is screentime and try to make something click in your mind. Like Machinator wrote, scalping
is something you should feel also.

Im nowhere near his level but at least he brought me on the right road heading towards a good future with this.
Yes we all do not have the same level of understanding, which is fine. We just need to work at it and read and reread this a milion times
till it makes sense and you SEE something.

I know it can be boring watching the vids such as in the posts and frustrating if you think you dont see anything. I've been there and still
am to a certain level.
All i try to do, and i cant make enough time the last days which i really regret, is go over the posts each day several times and watch the
vids another time. Even this weekend I noticed something in the CScalp course which i thought to have not heard before. Obviously i wasnt
ready for that yet.

Perhaps its not what you want to hear, but i mean well. There are several posts of Machinator showing step by step approaches. Just go over
them at a slow pace and see if it makes sense. Look at the chart, look the history up and see what he wrote. If its not making sense, try
to print it out (with charts), and bring it with you. Should you have a spare minute (waiting on the bus) go over it again... Thats how i did
it and still do.

Take care
  • #252
  • Dec 3, 2021 3:54am Dec 3, 2021 3:54am
I actually prefer long term investing in solid cryptos for certain reasons.

Day trade /swing for the meme coins and fast running ones that's all but hodl the rest.
  • #253
  • Dec 6, 2021 5:39am Dec 6, 2021 5:39am
Hope all are doing well.

In between coding i managed to collect some activity.
Not sure what else to say about it.

Attached Image

Have a great day
  • #254
  • Dec 6, 2021 9:55am Dec 6, 2021 9:55am
@HLine what levrage do you use?
  • #255
  • Dec 7, 2021 8:59am Dec 7, 2021 8:59am
Quoting urspolar
@HLine what levrage do you use?
Hi urspolar,

I have set my leverage to 20 but im still using the smallest lots. Sometimes when i think to see a good opportunity i simply open two trades like
Machinator told me.

For what its worth, i think the following vid
Inserted Video
is great. Perhaps you guys have seen it already but i find myself coming back to this one the last couple of days. Feel it contains some golden nuggets.

Take care
  • #256
  • Dec 7, 2021 10:33am Dec 7, 2021 10:33am
Hi HLine,

Thank you. I will take a look.
  • #257
  • Edited 5:07am Dec 9, 2021 4:36am | Edited 5:07am
Slowly seems like im finding my way around this.

Mostly i was trying to find imbalances, mark them on the chart and act of those zones from the DOM.

Waiting is a weak point so sometimes i jumped early forcing me to close several in -0.3% loss.

Attached Image

Hope you guys are doing well.

minor update, several more trades. Done for today, no more time.
Attached Image
  • #258
  • Dec 13, 2021 10:57am Dec 13, 2021 10:57am
Hi HLine,

How do you set you SL?

I want to set up a dd limit for my account.
  • #259
  • Dec 15, 2021 2:34am Dec 15, 2021 2:34am
Quoting urspolar
Hi HLine, How do you set you SL? I want to set up a dd limit for my account.
Hi urspolar,

Sorry i was not able to trade and watch the forum for several days.

The stoploss i use is just pressing the "C" key and clicking on the price level where i want to set my stop.
Most of the times however i put my stoploss approximately at -0.5% but try to exit earlier when i see the trade go wrong. (i try to, doesnt always work)

In most cases this helps me exit with less than the -0.5%

You can calculate the lotsize also by taking into account the drawdown you specify, see https://fsr-develop.com/how-to-calculate-risks where they talk about that.

Hope that gets you started. Let us know if you got further questions.

Have a great day
  • #260
  • Dec 15, 2021 5:55am Dec 15, 2021 5:55am
Hi HLine,

No problem. I will tray also with 0.5% SL. Seems a good strategy.

I am in the same situation, not having so much time to trade. The strategy is very good. Thank you @Machinator for sharing this.

Thank you @HLine for your response.
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