Comments on: Forex Trading – slingshot 30M 100% Mechanical Scalping System Part 2

By: tradingtalentscout

tradingtalentscout — Fri, 12 Mar 2010 10:21:49 +0000

Very Nice Videos Martin ! Thanks very much for sharing your method. Very kind of you indeed. Regards Mark.

By: firstbenjamin

firstbenjamin — Fri, 12 Mar 2010 10:16:57 +0000

Nice Video. I do have a problem with identifying when to sell and when to buy. I know where the stop-loss and take profit is, I just don’t know when to buy and when to sell from just looking at those bars.
Secondly, since this relies on just bars, have you considered writing an EA for it? This appears like an easily programmable system..
How about doing a video of you taking a live trade with this setup? I dont mind if it has to be fast-forwarded, its just easier than looking at past charts.

By: roboptions

roboptions — Fri, 12 Mar 2010 09:38:43 +0000

im confused is the setup bars low the stop loss or is it the entry bars low. In video one you said the setup bars low but in video two you change it to the low of entry bar.

By: roboptions

roboptions — Fri, 12 Mar 2010 09:21:53 +0000

never mind i was mixing that with c the setup bar penetration i guess your mind plays tricks on you when you stay up all night which brings a different question are you considering of programming a ea robot for this. The computer would be quicker and more ruthless on the rules.

By: ednum5

ednum5 — Fri, 12 Mar 2010 08:57:10 +0000

I would like to see this live, instead of just looking at a chart and saying that this bar was a winner, that one wasn’t, etc. It seems apparent that you have to do this while the bar is forming in MT4, but we don’t see him doing that, just a dead chart with a lot of bars on it.

By: tonyuk2

tonyuk2 — Fri, 12 Mar 2010 08:53:54 +0000

Thank you for sharing this logical concise system Martin. Nice not to see those lagging indicators on your chart.
Thanks again.Tony

By: destiny6666

destiny6666 — Fri, 12 Mar 2010 08:41:38 +0000

how funny, I love the “we would have entered here”

“we would”

another hindsight trader

By: jojoba46

jojoba46 — Fri, 12 Mar 2010 08:32:49 +0000

Hi Martin, i’ve placed your robot on a metatrader 4 platform, but am unsure how to set the parameters, etc. could u please call me @(818)909-9995 to walk me through it so i can use your great robot? Thanks, Jim

By: rimfixer

rimfixer — Fri, 12 Mar 2010 08:01:04 +0000

Thanks Martin two trades 1/23/09 on the gbp/usd 41pips and 38pips thanks!!!!!!!! Martin. Samson

By: mastergunner99

mastergunner99 — Fri, 12 Mar 2010 07:36:31 +0000

Excellent method. I’ve been trading naked (no indicators) for some time now. I love hearing about new price action strategies. There simply isn’t enough information out there on the subject. But google, “EMA cross” and prepared for a gazillion links.