It's just candlesticks

Agreed. If you have principles ready, that should not be an issue...

High low open close

Haha just hit my TP.. Nice day ahead bro.

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Me too... I took a sell and buy... Two TPs at a go.. Congrates bro!

Yes. All my 3 account TP. So nice today spike.

The stop hunt was so obvious, buy at weakness

Not really.. U not so well with gold. Don't play that kind of concept. When it drop.. It might keep on dropping and dropping.

Ok mate

Your idea may works on currency but not commodities. Why I say so? This is based from my "bursting" experience

Bullish usd for next week... Wheeeeee <3

Hi guys,

wanna join in here since you guys trading Currencies. I dont really trade manually except during NFP. been trading NFP since 2006-2008 then got into some trouble with authorities as somebody reported that i took deposit (as an IB). anyhow i stopped trading until recently early this year

Still same approach, trade manual only on NFP, and the rest (starting this month) using EA. some scalping EA. just started this scalping as i published it here;

http://www.myfxbook.com/members/emptycubet...calping/1273634

and this

http://emptycube.mt4live.com/

hope it can generate me a couple of hundred bucks a month from automated trading.

but anyhow, june has been bad, i compared the system i used to the provider, its pretty much identical, means market was a bit "bad"per se mid june till date.

This post has been edited by emptycube: Jun 27 2015, 11:02 PM

It looks like arbitrage trading?

Nope, pure price movement scalping. If arbitrage trading, my account will be banned. Ive verified with the broker and they are perfectly fine with it.

How it works is based on previous hourly (up to the last 24 hours) highest and lowest price. Upon breakout than scalp.

Hence the reason need to have ecn account, but ecn account commission does take a bunch of my earnings so far.

Which broker are u using?

As per stated on myfxbook, im on ECN-Pro NDD account from roboforex

Sorry, was on mobile view and I don't click into your link. Somehow I agree with u on June is bit slow. But the first week of June is awesome. Make good money from there, but when Greece case came into discussions. It turns side way. Sigh.

If I'm not mistaken we have nfp in this coming week. From every point of economic view, I'm expecting "worst than expected" result from nfp

Exactly bro, made about 12% absolute gain on early june ended up 7% absolut gain late last week. Anyhow, im trading nfp on my fxpro acc, has been with North Finance till it was bought over by fxpro..hence my news trading acc with them, but moved about 50% of my equity to robo for automated trading.

Making some coffee money too last week. Expecting good July ahead. Hehehe Aiyo. Don use robot la bro. Not worth it, scare u wake up someday balance turns to zero.

Nah, calculated risk, so far so good, i dont have time to monitor, hence i only traded manually on nfp. Not a fan of charting etc etc since im running my own business hence the time spent on there.