Scalper King
General Category => General Discussion => Topic started by: ScalperKing on June 03, 2015, 10:37:50 pm
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Bonjour,
Our motto is Honest and Straightforward Business.
Mode of trading : Scalping intraday movements
Currency : EURUSD
Broker used ECN - we highly recommend IC markets for scalping and we personally use this broker for all our accounts. also use this broker to get minimum latency in trades.
Open account under our IB : http://icmarkets.com/?camp=1686 <<< Click
Account details will be provided straight to subscriber so that copying can be done without any third party intervention. (you can copy by your own using any reliable copiers available free on internet) we recommend Fxblue.com.
OFFERING PROFITABLE RELIABLE AND STABLE SIGNALS JUST AT 55 USD PER MONTH
To Subscribe email us now : confluencefx@gmail.com
Our Website : http://confluencefxtrader.webnode.com/
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Market Updates :
We are short on EURAUD because after interest rate from the both region we see there is no change and the bearish trend on both should continue, also looking at greece problem EURO looks more in mess compare to AUD so we are short on this pair.
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Market updates :
It has been an eventual few sessions for EURAUD, as traders flock to both the euro and aussie. The AUD was propelled higher by the RBA’s policy meeting yesterday when the bank wasn’t as dovish as the market was expecting it to be, while EUR rocketed higher after reports that Greece’s creditors reached a deal and eurozone inflation beat expectations. The fun isn’t over yet for EURAUD, with a policy meeting at the ECB tonight and slew of economic data out of Australia over the next two days.
In Europe, the IMF and European Commission have reportedly come to an agreement on what Athens need to do to get its debt under control. There is no guarantee that Athens will accept the deal, but it’s definitely a step in the right direction. The positive news coming out of Berlin was preceded by stronger than expected eurozone inflation numbers – core CPI jumped 0.9% (expected 0.7%). With a policy meeting at the ECB tonight, traders have taken the opportunity to unwind, pushing EURUSD to a resistance zone around 1.1200 in the European session overnight.
Meanwhile, the RBA’s policy meeting yesterday was very eventful for the Australia dollar. The bank noted that Australia’s uncertain and somewhat bleak economic outlook requires accommodative monetary policy, especially considering the RBA isn’t getting much help from the fiscal side of the equation. This is a slightly more dovish tone from the central bank when compared with its last policy statement, but not by much. We still consider this as an implicit easing bias, as opposed to an explicit one, which is too vague for Australian dollar bears; as is the bank’s decision not to expand on its bearish stance on the exchange rate.
This resulted in a drive towards the Australia dollar ahead to today’s Q1 GDP numbers (1130AEST/0130GMT). The market is expecting the Australian economy to have expanded 0.7% q/q and 2.1% y/y, but the risk is skewed to the downside after Q1’s abysmal private capital expenditure numbers. After the growth figures, AUD traders will turn their attention to the release of Australian trade (expected 2.1bn deficit) and retail sales (expected 0.3%) numbers for April.
http://www.fxstreet.com/analysis/indices-insider/2015/06/03/
EURAUD flirting with 200 MA
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EUR/USD Technical Analysis: Aiming Above 1.13 Figure
The Euro rebounded against the US Dollar as expected having produced a bullish Morning Star candlestick pattern. A daily close above the 50% Fibonacci expansion at 1.1320 exposes the 61.8% level at 1.1439. Alternatively, a turn below the 38.2% Fib at 1.1202 opens the door for a challenge of the 1.1005-55 area (23.6% expansion, horizontal pivot).
Our long-term outlook calls for broad-based Euro weakness. With that in mind, we will treat any on-coming gains as corrective and wait for the move higher to offer a selling opportunity. In the meantime, we will remain on the sidelines.
http://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2015/06/04/dailyclassics_eur-usd.html
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What I don't understand is that it supposed to be a scalping method. What's even worse is that you took a trade that had a SL of 580 pips and a TP of 150 pips. That's a Risk/Reward 4:1 !!!! And on top of that you keep adding to a loosing position which is the fastest way to blow an account.
Can you explain what's going on?
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What I don't understand is that it supposed to be a scalping method. What's even worse is that you took a trade that had a SL of 580 pips and a TP of 150 pips. That's a Risk/Reward 4:1 !!!! And on top of that you keep adding to a loosing position which is the fastest way to blow an account.
Can you explain what's going on?
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well you have a very valid question, but again I am a scalper and you will see 90% of my trades are scalping trades, but I am also swing trader if I see some opportunity, usually my SL are not this wide, but due to high volatility on EURO because of sudden high yields on EURO bonds has caused this extra leg on EURAUD, fundamentally nothing has changed on EURO zone specially the interest rates so we are still with the main trend. but again I am a scalper and I will continue scalping as usual. Money management is important factor in every kind of trading.
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still hoping for the best with last trade.....
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Techinal Analysis update
Good Morning to all,
our last trade has been extended quite a bit long which should not happen normally but its a market all can just take the best trade they can, any ways talking about the technical analysis, we are in really important zone, and in past most time price have reverse from this point, RSI is also not showing any bulls signs at this moment so hope full this trade should come in our favor by this week, I am keeping close eye on this trade.
Also there is a double top building on 4hour time frame so I am really looking forward that EURAUD will fall once the bulls fails.
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As expected bulls are tired now
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Hello to All,
We are providing discounts on our signals fees on the eve of Ramadan to all our new and existing subscribers.
20% off to all our new and existing subscribers for the holy month of Ramadan.
Email : Scalperking.mu@gmail.com
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All trades are closed in my MT4 but I see your fxbook is still showing open trade. something not right here. please clarify
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All trades are closed in my MT4 but I see your fxbook is still showing open trade. something not right here. please clarify
Thats weird, EURAUD IS STILL RUNNING, KINDLY CHECK SOON. only NZDJPY trade was closed today on BE. from our side every thing is as it is. Kindly check if you had enough margin. please also check if you have clicked some wrong button by mistake (it happens many times).
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Yes, it's closed. Anybody else in this forum faced this or is this something to do with my broker?
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Yes, it's closed. Anybody else in this forum faced this or is this something to do with my broker?
if my trade is running and connected there is no reason your trade should get closed, check with broker on urgent basis they are known to play tricks.
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Higher LTRO on EURO means they will prolonge lower interest rates.
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Signal updates :
Our signals are now also available on simpletrader.net and those who wants to follow us on simple trader kindly email us for the link
Thank You
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Why don't you offer your signals on signaltrader from ICN http://icmarkets.com/signal-trader/?
I'm preparing to sign up for your signals and still choosing the broker. I saw you use ICM so I went there and found out that they have their own signalling service. Maybe this would have the best execution time.
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Why don't you offer your signals on signaltrader from ICN http://icmarkets.com/signal-trader/?
I'm preparing to sign up for your signals and still choosing the broker. I saw you use ICM so I went there and found out that they have their own signalling service. Maybe this would have the best execution time.
Thank you for your interest I am looking into it, also please check your email.
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I just checked with IC markets and found signal trader is a third party signal service and they dont accept signaal providers from out side their own criterias. so I have to continue with simpletrader.net or fxblue.com
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hi,
Do you suggest IC market as a broker? is it a reliable broker? I am looking for an ECN broker.
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hi,
Do you suggest IC market as a broker? is it a reliable broker? I am looking for an ECN broker.
yes its a good broker and I am also IB with them, please open account using following link and I will help to setup your account soon with them.
http://icmarkets.com/?camp=1686
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I've read on FPA that wire transfer fees from ICM incur are very large for international transfers, apparently the intermediary bank charges big fees and those are not mentioned by ICM.
Is this true?
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I've read on FPA that wire transfer fees from ICM incur are very large for international transfers, apparently the intermediary bank charges big fees and those are not mentioned by ICM.
Is this true?
As per their policy :
Wire Transfer / Bank Transfer = IC Markets does not apply any fees or charges to funds received to our Client Trust Account. However please confirm with your bank (sender) if any fees and charges apply for the transfer.
I am not aware of any such big fees, as far as I know only 35 USD is charges on wire transfer that too by your bank and not the broker. and this charge is standard for all brokers. you can also fund via skrill or debit/credit card which is also a cheaper way to fund.I personally have Australian bank account and all my deposits are free of charge because its a local bank transfer.
If you want any more assistance do not hesitate to email us back.
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Very high volatility and unprecedented expected on weekends, we suggest all our viewers to take appropriate steps to save your account.
See you on Monday 8)
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I have just emailed about MQL5 website link please reply soon.
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I have just emailed about MQL5 website link please reply soon.
replied and link sent
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Testing of our new system is concluded last week and now from tomorrow we are including ultimate scalping system and we are expecting great results in coming days, we want to thank all our subscribers for keeping faith in us and continuing subscriptions with us. Thank you.
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looking forwards to a great week ahead. ;)
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Hi ScalperKing,
I got email from your end and I am interested to learn your system but do you have any performance results before I can join in?
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Hi ScalperKing,
I got email from your end and I am interested to learn your system but do you have any performance results before I can join in?
Hello,
past performance is never a guarantee of future this is why I want to make every thing live, but since you are insisting to see past results you can check my account details here. Click on account button for results.
https://tradeo.com/traders/AliFX
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Planning to start from 1 August 2015, good luck and see you soon in the class.
Wish you all good day!!!
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Thanx a million, Looks impressive count me in.... ;D
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Hello All,
First batch is starting from 1st August 2015, we have already plan out study material and other details. We request all student to please fill this form up and send us soon as an interview questionnaire.
Interview Questionnaire :
Do you have any previous trading experience?
How much time you would like to give for trading?
How much are you willing to invest?
How much you are expecting from your investment?
Do you plan to make trading as your career?
Will you be interested to partner with us and join our team?
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Hello,
I have just sent email to you but can you please tell me how long is training and how fast I can start making profits?
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Hello,
I have just sent email to you but can you please tell me how long is training and how fast I can start making profits?
Hello Anil,
I have just replied to your email with all details you have been asking for.
Good Day!!!
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Hello Scalper King,
right now I dont have 500 to learn but I am interested to follow signals, do you still provide signals?
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Hello Scalper King,
right now I dont have 500 to learn but I am interested to follow signals, do you still provide signals?
Yes, follow this link and simply start following our signals.
https://www.simpletrader.net/signal/4247/ConfluenceFX.html
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Get Your FREE complimentary book to learn scalping using price action.
Email : confluencefx@gmail.com
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Hello,
way to follow our signals
it is very easy you will need an account with ECN broker.
you can open account using following link
http://www.icmarkets.com/?camp=1686
after that following link and start copying our signals directly in your account.
https://www.simpletrader.net/signal/4247/ConfluenceFX.html
PDF is attached with this email for complete description of how to connect your account.
http://jmp.sh/qP9VgVt