Mr.Black Scalping Method

[Mr.Black]

1,2,3 Low on cable
moved my stop
trade result stop hit P/L-68 pips

 

[Mr.Black]

Thats why is good to have money management
On my last short I made 25 pips

 

[Mr.Black]

1,2,3 High on 5 min Yen
I am long on Cable and EuR
Yen closed +20 pips
Gbp closed +26 pips
eur closed-15 pips

 

[Priceman]

Mr Black, still doing well I see. Do you not worry about all charts going out of the window when news is due out ?

Keep up the great posts

 

[Mr.Black]

Mr Black, still doing well I see. Do you not worry about all charts going out of the window when news is due out ?

Keep up the great posts

I forgot for the news today ,there is different strategy for day like that

 

[Mr.Black]

1,2,3 Low on 5 min Cable
trade closed P/L+35 pips

 

[Mr.Black]

rh trade
Result target hit P/L+26 pips

 

[Mr.Black]

Correlation Trade
Trade closed P/L+26 pips

 

[Mr.Black]

Rh trade
Trade closed P/L-9 pips

 

[Mr.Black]

Rh trade on EUR and GBP
EUR P/L+15 pips
Cable P/L+31 pips

 

[Priceman]

Rh trade on EUR and GBP
EUR P/L+15 pips
Cable P/L+31 pips

Again Mr Black you have to be commended on some great trading, very disciplined work there.

 

[Mr.Black]

Again Mr Black you have to be commended on some great trading, very disciplined work there.

It was some % luck involved in My last trade :cheesy: :cheesy:

 

[Mr.Black]

Contrary trade
Trade closed P/L25 +5= 30 Pips

 

[Mr.Black]

1,2,3 High on 5 min Cable
P/L+20 pips

 

[smbtnt]

what was your contrary signal on the last trade?

 

[Mr.Black]

what was your contrary signal on the last trade?

reaction to resistance level
Hope this daily chart to help you :cheesy:

 

[Mr.Black]

short on cable
Result> trade closed P/L+25 pips :cheesy: :cheesy:

 

[sprained992]

targets?

short on cable
Result> trade closed P/L+25 pips :cheesy: :cheesy:

mr. black,

do you have profit targets in mind going into a trade?

thanks.

 

[Mr.Black]

mr. black,

do you have profit targets in mind going into a trade?

thanks.

Yes I have some number ,usually some % from my risk amount or price level if I think is possible to be hit

 

[a_gnome]

Mr. Black,

Firstly congrats on an excellent thread and good trading. A couple of questions if I may:

1. Why do some of your charts have bars with no height to them - the high and low and close all seem to be the same?

2. Are you actually taking these trades with real money or merely paper trading?

Keep up the good work!