NENEs 5 min Recliner Scalping egy - Page 3
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Thread: NENEs 5 min Recliner Scalping egy

  1. #21
    Well you've raised my interest in drawing on my own trend lines at least, which may or may not be a fantastic thing, we'll see how long it lasts though I am lazy into the extreme

    Likely won't need any moderation, so don't worry about much.


    Due to some fantastic trading, have your 2nd V aswell!!

  2. #22
    Well, its not actually a egy, its like that which they taught you in Forex 101, but only here you actually use it.

  3. #23
    There aren't any Systems that work, not for over a few weeks before they simply slaughter you.

    Vague system experience is where it is at.

  4. #24
    We will not just be using the instant trendlines, but the 8 21 EMA along with the 50 SMA. I'll be adding pivot points to our egy this day.

  5. #25
    I see how the 8 ema and 21 ema sometimes and how the PA somtimes crosses above or below the lines, but I dont really see any pattern to how you are using them in combination with your own trendlines... Could you please tell me exactly what you are looking at if you make a choice to buy or sell... I find you just do it if the PA strikes your trendline.... But how can you understand the PA will change direction in your trendline, how can you be sureyour trendline is correct? How can you know if the PA will break out of the trendline and start a new one?

  6. #26
    Quote Originally Posted by ;
    I see the way the 8 ema and 21 ema sometimes and the way the PA somtimes crosses above or below the lines, but I dont see any pattern to the way you are using them in conjunction with your own trendlines... Can you please tell me exactly what you are looking at when you make a choice to buy or sell....
    The answer to this is, you do not, you never will not 100%, it's a advantage from assorted things piled up reading the PA Action then it's a game of holding and statistics to create enough to more than compensate for the reverses.

    I use a similar system, but different SMA's and I've used his SMA's with success but there too fast and also scalpy for me currently.

  7. #27
    It depends on the circumstance. If the pair is trending we'll buy or sell when the price pulls back between the 9 and the 21. We will be taking bounces off of trendlines and utilizing them as goals also. I won't provide you trade entries, you will need to learn them by viewing.

    Quote Originally Posted by ;
    I see how the 8 ema and 21 ema sometimes and how the PA somtimes crosses above or below the lines, but I dont really see any pattern to how you're using them in combination with your own trendlines... Could you please tell me exactly what you're looking at when you make a choice to buy or sell... I find you just do it when the PA hits your trendline.... But how can you understand the PA will change direction at your trendline, how can you be sureyour trendline is correct? How can you know when the PA will break out of the trendline and begin a new one?

  8. #28
    Here are the current trendlines I have left from Friday. We got a great little bounce off the main UTL, I took a commerce here with a 10 pip TP on 1/2 of the lot size. If it triggers I will move my stop on the opposite transaction to B/E

  9. #29
    With the daily pivot at which it is, it is a trade I am willing to take. Keep an eye. If we cross it and bounce I will put anoher long.

  10. #30
    Hey Guys and Gals. I'm sorry I'm not keeping up with this thread. I'm constantly at the hospital with my Son. I wish I can stick with it, but I can't. Another Moderator would help.

    Ne

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