Trading by scalping all timeframes - page 2

 

Hello, have not been around for a while.

That EU short worked. I have put in a few hours in developing a trading entry system that may be sustainable. Based on moving averages as well as ... wait for it... POLLAN indicator.

The signals do not repaint. They may move a bar.This will be evident from the charts. Where buy signals remain even if price goes lower. And sell signals remain while price goes higher. This will be your guarantee that the signals are true. Not all are winners - but 90% of these are.

Herewith a set of charts for CAD. Could work?

Files:
USDCADM30.png  63 kb
USDCADH1.png  78 kb
USDCADH4.png  68 kb
 

Hello,

Let us see if this short on EU 1hr has a positive outcome.

Files:
EURUSDH1.png  62 kb
 

i like the fact that entries could be above the short signal. Should result in a positive trade in the end.

Files:
EURUSDH1.png  77 kb
 

I respect scalpers a lot, it is like the hardest form of forex trading you just can't help but to tip your hats to traders that pulls this off.

And from what I learnt I believe a broker also plays important role in scalping and have read that Hotforex and Alpari are the best for such and from experience the 5 digit mt5 account also helps a lot.

Also where can I find a book or anyone suggest a title for a renko related book.

Thanks.