[Thuy Pham]

Does Djamal or anyone look at these forums? There’s no support for these indicators

[Thuy Pham]

Maintenance is taking a long time. ETA?

[Thuy Pham]

EURGBP buy
More shorties coming in, MTS above price, Net DM squeeze still in play

[Thuy Pham]

Thuy Pham wrote:

Djamal is in this UJ sell trade. Notice how the MTS below the price are gone but price didn’t hit it yet. Does that mean the trade is invalid?

If anyone want to know, Djamal said yes, the lower MTS was pulled, so trade is invalid and should close out

[Thuy Pham]

Djamal is in this UJ sell trade. Notice how the MTS below the price are gone but price didn’t hit it yet. Does that mean the trade is invalid?

[Thuy Pham]

Redbaron81 wrote:

Going short for MTS scalp here. My first trade using this system. Is this correct?

• This reply was modified 1 year, 3 months ago by Redbaron81.
• This reply was modified 1 year, 3 months ago by Redbaron81.

This is wrong. Yellow lines above price, and Orange lines below price are MTS. Vice versa are limit orders. And please attach the entire chart so we can see all the indicators, else it’s hard to determine if your trade is correct or not

[Thuy Pham]

Christopher Miranda wrote:

Thuy Pham wrote:

Thuy Pham wrote:

GU buy
Shorties coming in, stops above price, NET DM shorts moving up and longs down

Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

Longies entered, my friend, simple as that. We have to change and adapt to the DM.
Your entry was late, the shorts we see in the histograms were already priced in, longies in profits, price near the top of the range. Of course its easy for me to say this after the fact, I mean no offense, I’m surprised the algo didn’t take those stops above as well.

I only entered after I saw the Net DM switch. But it might be because the H1 charts were not working all session until that moment.

[Thuy Pham]

GBPUSD M30 chart is offline

[Thuy Pham]

GU buy
Shorties coming in, stops above price, NET DM shorts moving up and longs down

[Thuy Pham]

Thuy Pham wrote:

GU buy
Shorties coming in, stops above price, NET DM shorts moving up and longs down

Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

[Thuy Pham]

Thuy Pham wrote:

GU buy
Shorties coming in, stops above price, NET DM shorts moving up and longs down

Got stopped out, more longies in the market now

[Thuy Pham]

ImpliedOdds wrote:

Hey Thuy. Nice! I’ve got a modest target, but I’m ok with that. Baby steps! Lol.

It didn’t hit profit target yet, but I’m closing out my last trade of the year with a win. More to come in 2023!

[Thuy Pham]

FractalFreak wrote:

Hi Thuy,

yes,
I can give more insight since I also use the MK to scalp.

First of all, be aware that whatever you do in the markets, whether it is scalping, or swing trading, or position trading etc. it is obviously relevant “what is going on” in the respective market. For example, if an H4 reversal is unfolding, then whether you “scalp” or not, you better be on the right side of that event.
Or, if an IR MTS is about to be taken out on the H1, you again need to be on the right side of the market, no matter what time frame you focus on or whether you intent to simply go “quickly in and out”.
In that sense, markets are indeed “fractal”.

There are multiple ways to approach the MK from a “scalping mindset”.
For example, one can wait for specific “events”, such as the price taking an MTS and exhausting afterwards. Often, a few pips can be taken in such a “post-stop hunt” scenario.

Another way is to have a template with statistical indicators / signals but to filter these according to the MK.
I also do that. So, you may get some bearish signal, however, whether you will take that trade or not depends on whether the “MK allows it”.

Does that make sense to you?

Please make a video focusing on scalping.

[Thuy Pham]

Please add me,
[email protected]

[Thuy Pham]

ImpliedOdds wrote:

Demo trade idea. Long EUR-GBP from 0.88467. Target: 0.88619. Theory: price just above short levels. Room up to stop above without putting longs into profit. Significant shorts still in play on D1 chart.

I’m in this trade too. I got in during Asian session when I saw more shorties

[Author]

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