flame is 6,12,18,24 (red) and 30,40,50 (orange)?
or with 60,70,80 (yellow) too?
or only red?
or with 60,70,80 (yellow) too?
or only red?
Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies
Indicators and Rules for Simple Method of Scalping GBP/Jpy on 5 min chart 18 replies
1M & 5M Scalping System (Scalping Paradise) 21 replies
Simple Scalping System 64 replies
xPip Simple Scalping 27 replies
Dislikedhow is possible to filter these bad trades (entries aqua and exit magenta)?Ignored
DislikedHey giraia_br...
Almost feel obliged to give my thoughts on this, as it was originally mine...
Here is a cleaner version with reference only to S/R... Hopefully may give you a start in how to watch for such things...
MagnusIgnored
DislikedHey giraia_br...
Almost feel obliged to give my thoughts on this, as it was originally mine...
Here is a cleaner version with reference only to S/R... Hopefully may give you a start in how to watch for such things...
MagnusIgnored
QuoteDislikedIs EFX really better than Oanda for scalping or are they actually in the same league? Demo (on EFX) worked well for me, but I am not so sure about a real account and it looks like spreads are very often higher than on Oanda (especially considering commission). At the same time there are so many slippages on Oanda lately...
QuoteDislikedThat'd mean I wouldn't have to wake up so early--just can't quite stand getting up at 6am EST--lol. One thing I noticed was that price almost always moved incredibly on the hour--don't know if we can exploit this...pkchilly
DislikedHey giraia_br...
Almost feel obliged to give my thoughts on this, as it was originally mine...
Here is a cleaner version with reference only to S/R... Hopefully may give you a start in how to watch for such things...
MagnusIgnored
DislikedI've read the ebook 4 times and almost the entire Thread and I just want to say thank you to everyone especially LT! I posted my second day scalping! 11.7 pips baby!
To fellow NBs! = If you are truly serious about scalping and learning everything you can to become successful I highly suggest reading the entire Thread. Yes, it will take a long time but the information you gain is invaluable, your questions will be answered trust me!
If you need more motivation use the financial calculator below...
Principal = Your starting account balance.
Rate = 1% to 2% a day (what you should be getting with 6 pips a day)
Years = Use 200 to 240 (actual trading days in a year)
5 days a week * 4 weeks a month * 12 months = 240 (no holidays)
Click Calculate and open your jaw! lol.
http://math.about.com/library/blcompoundinterest.htm
Thanks again LT!
Fight On!Ignored