Mr.Black Scalping Method

Buy EUR/USD
trade closed P/L+36 pips
 

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Mr.Black said:
Buy EUR/USD
trade closed P/L+36 pips

Is this a new strategy you are employing?

I did not spot a 123 or RH, was it a congestion breakout trade? What are the new rules?

Thanks in advance
 
smbtnt said:
Is this a new strategy you are employing?

I did not spot a 123 or RH, was it a congestion breakout trade? What are the new rules?

Thanks in advance
It was 1,2,3 low on 15 min chart , but this setup is something like bear trap
This is the 15 min view
 

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News break-out setup
the trade happened for few seconds P/L+55 pips
 

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smbtnt said:
FYI: Similar setup on daily Coffee charts.....I think

No intention of diverting thread but coffee behaved very well today and so did my new found friend : soybeans
 
smbtnt said:
No intention of diverting thread but coffee behaved very well today and so did my new found friend : soybeans
You are right similar setups can be found on all markets , all time frames :rolleyes: :rolleyes: :rolleyes:
 
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Mr Black, admire that you're posting your profit chart. Is it a daily chart ? Can you point me in the direction of the Rh's please and what are they exactly ?

Many thanks
 
Priceman said:
Mr Black, admire that you're posting your profit chart. Is it a daily chart ? Can you point me in the direction of the Rh's please and what are they exactly ?

Many thanks
You can check on Joe Ross web Trading Educators there is free book Law of Charts.
In my profit chart i log every trade I do in pips , this way is easy to employ some sort of money management.
 
Some indicator-less scalping setups on mini DOW( YM) 2 min chart :eek: :eek:
The target is 5,10 points :rolleyes: :rolleyes:
I think trading whit no indicators is the best way to go :LOL: :LOL: :LOL: :LOL: :LOL: :LOL:
 

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Small Ledge break-out
Trade closed P/L+16 pips
 

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V shape reversal>Rh trade
Trade closed for reason target hit P/L+31 pips :cheesy:
 

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And My profit chart
 

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1,2,3High on yen
Result trade closed P/L-16 pips
 

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Potential trade opportunity on EUR
Trade is cancelled because there is no fill for 4 consecutive bars
 

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