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My Scalping Trade

Discussion in 'Jurnal Trading' started by mutenext, 21 Aug 2018.

  1. mutenext

    mutenext Member Credit Hunter

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    Before Eurpoe session. AUD storng down.

    [​IMG]

    Before Europ +21pips
     
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  2. hemmy

    hemmy Active Member Credit Hunter

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    i try to understand your systems but please can u tell me how to choose pairs, which to choose

    suppose right time fxheat map showing this .. what time fram ??
    upload_2018-8-29_13-4-35.png
     
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  3. hemmy

    hemmy Active Member Credit Hunter

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    or we have choose one positive currency and one negetive i am not understanding when to open trade and which pair we must choose
     
  4. rskdev

    rskdev Active Member Credit Hunter

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    I think the green boxes? AUD?
     
  5. mutenext

    mutenext Member Credit Hunter

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    Look at the AUD/CAD +0.39% -0.45.
    See horiznal, parallel line of AUD. look at the chart how AUD move. Strong down. you can trade over,under 3.5%. AUD pairs.
     
  6. hemmy

    hemmy Active Member Credit Hunter

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    aud -.36% and cad-0.45.... we check horizontal line and find wich is more then 3.5% both should have - or + ..??
     
  7. hemmy

    hemmy Active Member Credit Hunter

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    upload_2018-8-29_16-7-5.png like this aud gbp and nzdaud..aud-0.44% and gbp -0.53%

    nzd +0.31% aud +0.49%
     
  8. mutenext

    mutenext Member Credit Hunter

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    Yes. correct. But don't greedy bro.
     
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  9. hemmy

    hemmy Active Member Credit Hunter

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    which way we have check heatmap i am confused here
     
  10. hemmy

    hemmy Active Member Credit Hunter

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    sorry here its should usdgbp right?? please we should check form left to right or up to down?
     
  11. mutenext

    mutenext Member Credit Hunter

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    I am watching Asian Game soccer South Korea vs Vietnam. Enjoy Asian Game guys.

    GBP is strong now.

    [​IMG]
     
  12. hemmy

    hemmy Active Member Credit Hunter

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    and we should check heat map only on 10.55, 11.55, 12.55 and open trade on 11.00, 12.00, 13.00 like this.. after five minutes.. what time fram we should choose
     
  13. hemmy

    hemmy Active Member Credit Hunter

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    upload_2018-8-29_16-21-54.png here is gbpcad pair.. but dont understand why you open buy trade here plz can u explaint it
     
  14. jose granados

    jose granados Member Credit Hunter

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    It sounds very good, I use something similar to see strong currencies vs weak ones. You can see the original strategy in forex factory in case it is of interest to someone.

    forexfactory.com
     
    Last edited by a moderator: 04 Dec 2018
  15. dtrader

    dtrader Member Credit Hunter

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    I´m really confused about the entry. I need to see an entry with the heatmap explained. Have no idea why you are buying or selling. Anyway, i´ll make a trailling EA for this strategy for everyone here in the group. BUT, i need to know exactly how do we enter a trade (with picture) and when does trailing start. Is it after 5 pips profit? how many pips behind price should it trail? Please explain in detail so i can make the EA
     
  16. dtrader

    dtrader Member Credit Hunter

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    humm.. i think i got the logic of the green/red boxes guys.. i´ll try to explain and see if Mutnext agrees
     
  17. dtrader

    dtrader Member Credit Hunter

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    GBP strong on all pairs..
     

    Attached Files:

  18. hemmy

    hemmy Active Member Credit Hunter

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    still i am confused with this red and green box and their percent
     
  19. JK1368

    JK1368 Member Credit Hunter

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    It shows the relative strength of the currency on the vertical versus the currency on the horizontal.

    HeatMap.jpg

    For NZD, it shows 0.92 % weaker than USD and 0.6 % weaker than AUD.

    So we should be looking to short NZD. Therefore we should be Short NZDUSD or Long AUDNZD. Long or Short will depend on weather the currency is base or quote.

    Open the currency pair on MT4, say M15, you will be clear, now NZDUSD is moving down and AUDNZD is moving up because NZD is weak comparing to USD and AUD.

    NZDUSDAUDNZD.jpg
     
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  20. dtrader

    dtrader Member Credit Hunter

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    error...
     

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