Scalping system #9 (Trading by Psychological Levels)
Submitted by User on February 6, 2009 - 15:20.
Submitted by Patrick Bourgeois
This is a very powerful winning strategy!!! We only use psychological levels to enter our trades. One of the main rules is NEVER TRADE AGAINST THE H1 CANDLE COLOR. Levels are on the screen every 00, 25, 50, 75, 00.
Another rule is: If H1 and D1 candle color are the same get ready to make more pips. If the colors do not agree be aware that a lot of times you just can grab a few pips (be happy with 5). This is a scalping strategy.
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Hey Annie FX,
Like most boards i think i can't put a URL here. Just google kreslik. Hop in on the never lose again thread with the same name you have here. I will find you.
For those people who are interested in center of gravity indicator. I've uploaded it.
Center_of_Gravity.mq4
Hi Isaac, what you mention is something where a lot of people struggle. Don't make it difficult. Use the rules. If price is 1.4521 and there is forming a green H1 then you buy at 1.4525.
If you are struggling, then perhaps keeping it simple will help.
Candle green at the line, enter long.
Candle red at the line, enter short.
Take all you can... give none back!
DRAIN THE BANKS!!
Yes sometimes you can't win but that don't happen very often! Learn to take those 5 pip and be happy. In a year you are trading lotsizes you can't imagine now
Hi Patrick.. i´m logging in kreslik... :) What i have to do?
I was reading about this method and have different forms... reversal patterns and tendence... i´m just want discuss this things...
Thanks 4 all Patrick... ;)
Special thanks to Edward to allow share this ideas of trading...
Anniefx
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