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-   -   Scalping 20+ trades per day (https://www.forexfactory.com/thread/313522-scalping-20-trades-per-day)

majorusa Sep 7, 2011 9:58am | Post# 21

Got bored and got to go. So...

out EY 57
+2 x 4 = 8 pips

Result for the day: +80 pips.

Slow day, only 15 trades, but good profits. See you tomorrow.

madetrader Sep 7, 2011 10:57am | Post# 22

l EU 1.40972 08.11 GMT
hey at this time i see a bar with 1.4065 open and 1.4064 close on the EURUSD??

madetrader Sep 7, 2011 11:05am | Post# 23

If the price is moving against me I look for the next area and add to the position creating a better average for the moment when the price will turn.
Sorry i dont really understand, are you saying when long and prices go against you, you double your position at a lower level then wait for prices to turn back up?

or double your risk at another area?

majorusa Sep 7, 2011 11:36am | Post# 24

It is not martingale. I am not doubling the position. I add same entry lot size to the position at specific levels. My goal is to stay in a reasonable amount of pips distance from the current price.

As with regard to the price here is from server:
"Order BUY xxxx EUR/USD @ MKT is sent at 2011-09-07 08:11:57.486 GMT manually
Order FILLED at 1.40972 USD."
There might be a difference in time between Dukascopy and your platform.

majorusa Sep 8, 2011 2:59am | Post# 25

Good morning.

My bias today is still long on EU, AU and GU but with GU I will se what will happend after London open.

majorusa Sep 8, 2011 3:20am | Post# 26

l GU 28 07.19 GMT

majorusa Sep 8, 2011 3:37am | Post# 27

l EU 68 07.36

majorusa Sep 8, 2011 3:40am | Post# 28

out GU 40 +12 pips 07.39

majorusa Sep 8, 2011 3:46am | Post# 29

l GU 27 07.45

majorusa Sep 8, 2011 4:11am | Post# 30

out EU 78 +10 pips 08.11

My attempt at 80 was not filled.

majorusa Sep 8, 2011 4:18am | Post# 31

L EU 73 08.18

majorusa Sep 8, 2011 4:26am | Post# 32

L EJ 86 08.25

majorusa Sep 8, 2011 4:36am | Post# 33

out GU36 +9pips 08.35

majorusa Sep 8, 2011 5:15am | Post# 34

Missed the EU exit at +9. Greed!

majorusa Sep 8, 2011 5:41am | Post# 35

1 Attachment(s)
I am taking a break. This is how it looks now: +31 pips in balance and two positions open.
Name:  ScreenHunter_ Sep. 08 12.39_11.jpg
Views: 1375
Size:  22 KB

Arnold49 Sep 8, 2011 5:46am | Post# 36

Hi Major, can you say how you determine your daily bias?
I am following very closely today, very interesting, thanks.

majorusa Sep 8, 2011 6:05am | Post# 37

Sure. I am looking on D H4 and H1. Let's look on EU D1. was rejected by the 233 ema twice. It looks like the channel is still holding.

Still I do not understand what is with this low volatility.

majorusa Sep 8, 2011 6:28am | Post# 38

ad EJ 67 10.27

av 77

majorusa Sep 8, 2011 6:29am | Post# 39

add EU 53 10.29

av 63

majorusa Sep 8, 2011 6:46am | Post# 40

add ej 53 10.45

av 69


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