Forex scalping in the London open 30 7 2015
[h=2]Forex scalping in the London open[/h]Markets was slow and choppy today but we managed to take our daily bread and butter in gbpusd
kalimera everyone no signals this morning market is slow[10:36:44] Basil-kodikos says: long signal in pound limit order 1,5600 buy[11:11:41] Basil-kodikos says: entered 1,5603 in gbpusd[11:24:51] Basil-kodikos says:
first target hit[11:28:02] makis says: (cash)* but a little dangerous , market is too choppy like yesterday .I think most traders went to the beach....[11:28:42] Basil-kodikos says: follwing signals maki -10-15 pips nothing more[11:29:36] Basil-kodikos says: always in trend pointing the chart nothing more[11:30:00] Basil-kodikos says: boring but effective[11:30:37] makis says: yes it seems that works![11:31:22] Basil-kodikos says: now entry is covered free trade just wait were the order will stop[11:31:50] Basil-kodikos says: no guessing were i must close let ninjatrader to do the work sentiment out[11:32:56] Basil-kodikos says: only some times were i see support and resistance formed in auxiliary chart I put trailing on the support or resistance to avoid stop out by a pip or tweo no more tweaking[11:33:12] makis says: when the signal is formed price was at 1,5610 , limit order long -10 pips (with spread) 1,56?[11:34:10] Basil-kodikos says: yes entered in 1.5603[11:34:43] makis says: if we set limit buy 10 pips less maybe order will not execute....*** or* your* entry was market?[11:35:50] Basil-kodikos says: yes it may not execute but you are safe better safe than sorry[11:36:22] makis says: (y)[11:36:58] Basil-kodikos says: the tokyo session was narrow it has the characteristics of consolidation and breakout for many pips equal to the ranging length now we are +15[11:37:25] Basil-kodikos says: tokyo session 23 pips[11:38:33] Basil-kodikos says: trailing will offer good pips as long as we have momentum if it starts ranging the trade smells[11:38:34] makis says: (y)[11:39:03] makis says: bad smell![11:39:22] Basil-kodikos says: yep[11:42:01] Basil-kodikos says: entered the trailing 1,5611 under 2 resistances if it moves under 11 we close the trade , because some people will short the median line ema 50 , lets see if bulls will prevail over bears[11:44:44] Basil-kodikos says:
[11:46:49] Basil-kodikos says: stop filled +4 pips for the trail
[h=2]Forex scalping in the London open[/h]Markets was slow and choppy today but we managed to take our daily bread and butter in gbpusd
kalimera everyone no signals this morning market is slow[10:36:44] Basil-kodikos says: long signal in pound limit order 1,5600 buy[11:11:41] Basil-kodikos says: entered 1,5603 in gbpusd[11:24:51] Basil-kodikos says:
first target hit[11:28:02] makis says: (cash)* but a little dangerous , market is too choppy like yesterday .I think most traders went to the beach....[11:28:42] Basil-kodikos says: follwing signals maki -10-15 pips nothing more[11:29:36] Basil-kodikos says: always in trend pointing the chart nothing more[11:30:00] Basil-kodikos says: boring but effective[11:30:37] makis says: yes it seems that works![11:31:22] Basil-kodikos says: now entry is covered free trade just wait were the order will stop[11:31:50] Basil-kodikos says: no guessing were i must close let ninjatrader to do the work sentiment out[11:32:56] Basil-kodikos says: only some times were i see support and resistance formed in auxiliary chart I put trailing on the support or resistance to avoid stop out by a pip or tweo no more tweaking[11:33:12] makis says: when the signal is formed price was at 1,5610 , limit order long -10 pips (with spread) 1,56?[11:34:10] Basil-kodikos says: yes entered in 1.5603[11:34:43] makis says: if we set limit buy 10 pips less maybe order will not execute....*** or* your* entry was market?[11:35:50] Basil-kodikos says: yes it may not execute but you are safe better safe than sorry[11:36:22] makis says: (y)[11:36:58] Basil-kodikos says: the tokyo session was narrow it has the characteristics of consolidation and breakout for many pips equal to the ranging length now we are +15[11:37:25] Basil-kodikos says: tokyo session 23 pips[11:38:33] Basil-kodikos says: trailing will offer good pips as long as we have momentum if it starts ranging the trade smells[11:38:34] makis says: (y)[11:39:03] makis says: bad smell![11:39:22] Basil-kodikos says: yep[11:42:01] Basil-kodikos says: entered the trailing 1,5611 under 2 resistances if it moves under 11 we close the trade , because some people will short the median line ema 50 , lets see if bulls will prevail over bears[11:44:44] Basil-kodikos says:
[11:46:49] Basil-kodikos says: stop filled +4 pips for the trail
Last edited by a moderator: