Quoting smjonesDislikedWow, now that is getting paid by the word... I gotta be more chatty..
James, I could peek to, but that would just be wrong... In the words of Mike G
No peeky....
ScottIgnored
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Quoting smjonesDislikedWow, now that is getting paid by the word... I gotta be more chatty..
James, I could peek to, but that would just be wrong... In the words of Mike G
No peeky....
ScottIgnored
Quoting james16Dislikedwell you could look and then re-delete it. i must admit i cant resist sometimes. same thing with rob bookers forum. i can see it, i guess because i have moderator status but i have never peeked. that would be wrong. there are other forums here that probably most know nothing about.Ignored
Quoting smjonesDislikedOh yea, thanks for the Pandora's Box... Now I am going to have to be good...Ignored
Quoting accreteDislikedYea, i don't want to hear that you got your arm or leg melted off in the pool of acid Scott. I'm sure the wife and kids like you w/all body parts intact...even if you've lost a few marbles over the years ; - )Ignored
Quoting moonchildDislikedSome people outside of FF have been trying to tellme that I am nuts scalping GBP/JY. When I can predict a clear trend which is likely to continue for a while trade this pair in swing/position mode, when that is not the case I scalp it. Despite the 9 pip spread, I fairly consistently make 10 to 35 pips once to 4 times per day. Of course, when the pair is on a roll I have made 350 pips on one trade.
I just do not see that you need to be afraid of the spread in this pair when you consider how much you can make from even a short trade. It is not that I never lose pips but I seem to lose more often (and more pips with the euro).
I also can relate to the difficulty of getting any sleep when I have a trade on the table. I am trying to train myself to tolerating this without losing sleep. I think that it is working.
I am happy to say that with the change to the above strategy, I am now profitable despite being a newbie (6 months). I just did not seem to do as well with the majors.
I have just bought the Vantage Point program and a trying to decide on a data provider. I had been hoping that someone would indicate a clear preference for CSI or CRB which are the ones suggested by the company.
Have a good weekend, and see you all again on Sunday.
Moonchild AKA Alaskan Pipsicle (that is a frozen pip)Ignored
Quoting accreteDislikedAnd maybe, just maybe one of my posts will be the 3 millionth and one post and i'll win a Forex Factory emblazoned matching pen and pencil set? I'm going for the prize here!Ignored
Quoting linuxtrollDislikedIf you read carefully... Gyva is talking about long term position approach (not scalping)... 8 pips is nothing compared to 150 pips you may get per day...
http://img498.imageshack.us/img498/2...nbowsig7ds.pngIgnored
Quoting eagle4xDislikedI found the MT4 indicator (attached) - just load in template folder. Also, called RainbowMMA. Add Silver Trend for the dots (http://www.xeatrade.com/trading/11/S.html)Ignored
Quoting MatrixDislikedEvery trader has his/her own strategy. I feel One must study the situation of that present time, the speed of the market, the sentiment, are you going to hold your position and wait for the news data? etc etc. It's so easy to say by some traders hey man scalping is a waste of time hold for 100 pips?, but how many times have we all been in that situation, been 20/30/40 + pips up held? yeah i'm holding for 100! to find minutes, hours days later that your saying " If only " and again " IF ONLY" if only i took those 20 pips early i could of done that 3 times now ( 60 pips) oh " IF ONLY " vise-versa , yep i'm taking them 20 pips!! thankyou!! to see it gun 20 mins later 100 pips better from where you went flat " IF only i'd have held!!" LOL.
In this FX game it is very frustrating indeed, the most pips i did on one trade was pure luck! i went short on Usd/Jpy, went out for the day switched off my pc and forgot about the trade, came back home 10 hrs later to find i was 225 pips up, i took it!!Ignored
Quoting xxDavidxSxxDislikedYou hit the nail on the head there.
..................I belive that if the price moves 10-15 pips in your favor, and then returns to the entry point, then that trade is over, and leaving the trade in is gambling, because by this time the indicaters are all pointing the other direction. But we are stubborn people and don't want to be wrong.
So when this happens pull trade at break even and wait for the next singal. And if you do you will be suprised how few losses you ever take. And when the price is ready to go to your target it won't come back to your entry befor doing so.
Another way is to just take 5-10 pips and determine you winnings by position size and not pip quantity.(my personal fav.)
My 2 cents
DaveIgnored
Quoting smjonesDislikedI think you are talking to ghosts. has anyone noticed how old this thread is?Ignored
Quoting nitmanDislikedcoesFX looks like a good place to scalp with their small spreadsIgnored