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- pipmunks replied Nov 23, 2015
I really like this thread. Nice chart with clear explanation.
Price Action Pattern Recognition Live TradingI've been trying to trade flag pattern before, but never consistent enough to trade it on live account. Mainly because I often fall into the trap of looking for perfect ...
- pipmunks replied Jul 8, 2015
I've been trading for 5 years. During 5 years, I already changed broker many times, mostly ECN broker with tight spread because I'm scalping. You can name a few, like UK, AU, Cyprus based broker. The latest broker I switched to was Global Prime. It ...
Global Prime Discussion
- pipmunks replied Jun 16, 2014
Hi rifid, some question if you don't mind. Is this kind of thing that you mean 'pinny' candles? image If yes, then this is not a good setup? Thank you.
Genuine 5m 4R/R system
- pipmunks replied Jun 16, 2014
Easy man, I won't ruin this thread with additional useless indicator
Genuine 5m 4R/R system. This method is fine. I only want to make things clear since you introduce scalping type trading on page 1. You've already give us warning too when using scalping type ...
- pipmunks replied Jun 16, 2014
Because S/R is subjective in nature, going for 5 pips or 20 pips become subjective too. I'll make small research this week to find what kind of mechanical criteria that could be used to determine to go for a scalp or full 4R. Thank you rifid.
Genuine 5m 4R/R system
- pipmunks replied Jun 16, 2014
Because I don't know definitely when to scalp or go for 20, I choose middle approach. Partial TP @ 6 pips (1 pip for commision) & let the rest go for 20. But that's just me. I want to hear your opinion about how we determine potential TP for any ...
Genuine 5m 4R/R system
- pipmunks replied Jun 16, 2014
Might be interesting.....but the range too small atm. image
Genuine 5m 4R/R system
- pipmunks replied Jun 16, 2014
Good morning rifid. Do you have another mechanical rules (besides SR & BRN) that can help you to determine when to scalp & when to aim for 4R ? Currently on this one. image Good luck all.
Genuine 5m 4R/R system
- pipmunks replied Jun 13, 2014
Too bad.... Why don't you enter the trade even if you've already anticipate the setup?
Genuine 5m 4R/R system
- pipmunks replied Jun 13, 2014
Too choppy & stick to 173 BRN, maybe waiting for USD news in 25 mins. Besides, there's no 2nd point formed atm. image
Genuine 5m 4R/R system
- pipmunks replied Jun 13, 2014
Thank you for your answer
Genuine 5m 4R/R system. Then AU should be a 3R win if I re-enter. OK waiting for the next setup
- pipmunks replied Jun 13, 2014
Already mentioned the 2 pin point before. I took the short setup on the last little poke & stopped out for -5p. Do you consider to re-enter if the setup line pierced again?
Genuine 5m 4R/R system
- pipmunks replied Jun 13, 2014
USDCHF 0.8970, not a clean setup in my eyes. What's your opinion on this one rifid?
Genuine 5m 4R/R system
- pipmunks replied Jun 13, 2014
AU 0.94084 forming, maybe for a scalp. BRN below.
Genuine 5m 4R/R system