Forex price action scalping pdf volman cemetery

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This particular guide is much like food-stamps for that depriving investor. Hi Guys, I’m starting a new thread here to post trades using the method of Bob Volman. I’m starting a new thread here to post trades using the method of Bob Volman. Please feel free to post, it’d be nice to get a few traders together posting on this method.

You can also find some excerpts of Volman’s book here. No trades for me today but there were some skipped ones. The chart starts off with a slight downtrend, after which bulls enter 4 pip above the 80 level. After a false break of the 20EMA, the bulls manage to bring prices within 3 pip of the 1. We can draw a line with this three tops but we don’t have much of bottom barrier yet. After that triple top, the bears start to flex their muscles. The bring prices down the 80 level, taking out earlier support.

I skipped this perfectly good range break because I find trading right under a 00 level to be tricky. I been burned a few times before. Judging by the slow price action earlier, I didn’t think the bulls would be able to break the 00 level successfully. I had my analysis on the charts themselves like what Kalp does?

E1: This Second Break setup just didn’t work out. Prices stalled under the 20EMA perfectly. S1: This BB setup was nice but since it was a countertrend trade I chose to skip it. S3: This SB setup itself if fine but the conditions seem unfavorable to me.