Urban Towers Scalping Strategy

Hi Jimmy,

Does this set up still relevant for Long?
The 5th bar is already under the rainbow.

Lovely strategy, continue your thread.
Regards

Vol
 

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Hi Jimmy,

Does this set up still relevant for Long?
The 5th bar is already under the rainbow.

Lovely strategy, continue your thread.
Regards

Vol

Hi Vol,

Thanks for following along on this thread :cool:. No, that is not a valid entry as bar number 4 closed below the MA suggesting trend reversal. As long as all the candles are on one side of the MA you're good with following the rules.

Additionally, you can have tails sticking out of the MA's but the close must be inside the MA. Please refer to my next post of two trades yesterday. :smart:

Cheers,
JS
 
1st September- GBP/JPY

Here's some trades from yesterday on GBP/JPY.

JS
 

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Eur/jpy - 09.09.09

Here's a trade from today on EUR/JPY.


JS
 

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You can view the source of any Metatrader .mq4 file by opening it in Notepad.

The settings are 37, 39, 41, 44, 47 and 50 Exponential ma's.
 
AUD/USD on 14th Sept 2009

Here's a trade from today on AUD/USD.

Cheers,

JS.
 

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GBP/USD on 21st Sep '09

Here's a trade from today on GBP/USD


JS
 

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I'm back online !

Sorry guys been extremely busy with new projects and also took some time off for myself.

I'll continue to post my daily analysis using the strategy starting today. Hope to get everyone's feedback and input as we go.

Cheers.
Navin Prithyani
-urbanforex
 
USDJPY June 02

Here is a trade that took place on USDJPY today on the 15min chart.

There was a nice smooth consecutive lower highs and finally at the break of the last one, there was a long trade.

Cheers,
Navin Prithyani.
 

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USDCHF June 03

Here is a trade that occurred yesterday on USDCHF 15 min charts.

There was a nice consecutive higher low, touched the MA, then at the break of the highest low, we entered short. Trade gave a good 1:1.5 risk to reward in 40 mins.

Cheers,
Navin Prithyani
- urbanforex
 

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NZDJPY June 08

Here is an example of an Invalid Trade that happened yesterday. Please do not trade when the MA's are too close to each other, also when the MA's are going sideways or almost sideways instead of trending.

Navin Prithyani
- urbanforex
 

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GBPUSD June 09

A trade that happened today on GBPUSD 15min chart.

Navin Prithyani
- urbanforex
 

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Navin, thanks for sharing this. Nice entries for rejoining higher timeframe market sentiment as well as the counter trend 'scalps'.
 
I'm back online !

Sorry guys been extremely busy with new projects and also took some time off for myself.

I'll continue to post my daily analysis using the strategy starting today. Hope to get everyone's feedback and input as we go.

Cheers.
Navin Prithyani
-urbanforex

thanx for your efforts Navin

I've been trading your sys in REAL,it has got a 70% wins

please go on posting here :clap:

and congratulations for your website

good stuff + well explained there

what I like most from your collection is your multi stochs sys,even if it's difficult to me make it profitable

but I like it

cool(y)
 
Navin

it's strange how different systems can give the same signals. I read your charts as showing Pin bars at MAs. 2 longs and a short which all were good for some profit.
 
thanx for your efforts Navin

I've been trading your sys in REAL,it has got a 70% wins

please go on posting here :clap:

and congratulations for your website

good stuff + well explained there

what I like most from your collection is your multi stochs sys,even if it's difficult to me make it profitable

but I like it

cool(y)

Thanks swissforex, its followers like you that keep urbanforex alive and free :)
Will continue to post here for sure.

- Navin
 
Are you in? NZDUSD June 14

Here is a trade happening live on NZDUSD 15min charts. Are you trading it?

I have launched a chatroom for Urban Towers Scalping Strategy. Contact me to get access to it. If the forum moderators allow me the post the link to get into the chatroom, I'll be glad to post it here.

Skype : navin.prithyani

Navin Prithyani
- urbanforex
 

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