MACD Scalping Strategy

Long trade in progress
GBP/JPY


Lost -11 pips

EUR/USD
Long
20 pips profit
4 hour chart


Current trade set up. Not triggered yet.
Hour time frame
Above Kumo Cloud
Not crossed 7ema, light blue, but will trigger when crosses.
Tenkan crossed Kijun.


12 pip winner!
I had adjusted the target and I’m glad I did. It has now retraced. Now it could well continue up but I’m glad I picked up 12 pips.

I have shifted one hour and 4 hour charts with better results. Note that along with the Ichimoki chart the 7ema is very useful. A cross below and then above. Then with the Ichimoku positive signs.

I would appreciate any comments on this method, include critical feedback. I study Chaos Trader 63 on youtube for the Ichimoku strategy and have added the 7 ema.


current long trade


Lost trade
-15 pips

Nipped out with a swing down, eur/jpy now return to long and nearing original target.

Dear Greg,

Just looked into this topic and see you shifted to using the Kumo Cloud. Do you plan on keeping this topic open or start a new one?

Greetings,
Pipfisher

PipFisher,

Sure if there is interest. Fell free to share your charts.

Greg

Pipfisher,
short
EUR/USD
15 pips

Kumo Cloud rules!

Pipfisher
Are you interested in more. So far there ins’t much interest.

Thanks,
Greg


AUD/JPY

Price bars short on one hour time frame and below Kumo Cloud. I enter short on pullback still below Kumo. My target was within recent range. I like to see higher time frames consistent with lower time frames which I use for entry. The highest time frame that was short was the two hour, although the price bars were in the Kumo cloud.

short
15 minute
11 pips



Very interesting.
I’ll try from tomorrow, youtube version first, 5 min charts, demo.
Happy pips!

gynexx

This system is fine.

Seems easy enough.

How is your trades going with this?

Winning trades to losing trades?

looks really nice^^