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Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

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NITRO Scalping for serious traders

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what's happened here?

this used to be the hottest system on FF with 50 new posts a day. every time I came in here it was non stop money making.

why as soon as edge goes the thread stops? Or is it the case he had an army of nicks promoting it?

it does not make sense to that what supposedly was a sure thing has stopped like this.

Even DxTrade is gone........

strange very strange

It seems very strange indeed. I was glad at first the thread was reactivated. Then, strangely enough, I read this idiotic "Edge we love you" post and noticed Tudor Girl (Tudor Boy???) indicator being promoted.

I have already been banned from this thread for saying that it seems natural that scam artists like Edge should be punished. You can ban me again, 4Star. I don't really want to be part of Edge defending team.

Regarding the system, it looks promising if you have your own MM rules. It's simply impossible to make money with the system in it's original form with 6:1 R:R.
NITRO Scalping for serious traders

This means i will have to scalp with nitro boost and pre-requisite have to be a serious trader?
Quoting damien100888
NITRO Scalping for serious traders

This means i will have to scalp with nitro boost and pre-requisite have to be a serious trader?
No, pre-requisite is to accept, and not criticize Edgetrader, Tudor Girl and other scam artists.
Quoting jackal
No, pre-requisite is to accept, and not criticize Edgetrader, Tudor Girl and other scam artists.
I do not know them, but looking at screen shots posted here it seems like a difficult system. Maybe have to read all the post here in weekend to understand this strategy.
renko charts 4 pip block size
hma 8,3,3
parabolic sar 0.1/0.2
trix

entry rules: reverse brick, hma correct color, trix, and par sar dot.
usually par sar dot appears last.

screenshot attached, the vertical lines do show entries, first 3 were profitable, the next 2 with losses, last one a winner.

how could I avoid the 4th and 5th fake-out ? any ideas ?
without making the entry rules so lagging that most of the price move will be missed ?
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Quoting globalinvest

how could I avoid the 4th and 5th fake-out ? any ideas ?
without making the entry rules so lagging that most of the price move will be missed ?
Sorry to tell you that you can't...

I've been part of the original C4 thread and Nitro Thread, I've tried every sort of indy with Renko...but there is no indy that can avoid losses, because you must understand the Renko concept.

Renko lags...it shows you what the price have already done...
Indicator lags...we all know this!!

So..you are using a lagging indy over a lagging price...resulting in a double legging thing...IMHO
Market is like a puzzle, YOU have to fit the pieces!!
Quoting Chris_B
Sorry to tell you that you can't...

I've been part of the original C4 thread and Nitro Thread, I've tried every sort of indy with Renko...but there is no indy that can avoid losses, because you must understand the Renko concept.

Renko lags...it shows you what the price have already done...
Indicator lags...we all know this!!

So..you are using a lagging indy over a lagging price...resulting in a double legging thing...IMHO
I do agree that no system will give 100% winners....
Just thought if anyone might have a bit better filter....
Maybe Fxfish ????
Will forward test and record it to see how it performs.

And I do remember Tudorgirl and her/his statements.
Like 20 trades - 18 winners.
Phenomenal performance.
How did she filter out trades ?
Attached Image (click to enlarge)
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Quoting globalinvest
I do agree that no system will give 100% winners....
Just thought if anyone might have a bit better filter....
Maybe Fxfish ????
Will forward test and record it to see how it performs.

And I do remember Tudorgirl and her/his statements.
Like 20 trades - 18 winners.
Phenomenal performance.
How did she filter out trades ?
Probably you don't know...but Tudorgirl was a fake...and her results were a fake too...and I have serious doubts that Edgetrader's Nitro was reality...
FxFish repaints the past...is totally useless..but if you want to try it you can do it...
Trust me...no indy can filter renko fakes..find an indy that can "predict a 10pips move" and I will pay you to have it
Market is like a puzzle, YOU have to fit the pieces!!
Quoting Chris_B
Probably you don't know...but Tudorgirl was a fake...and her results were a fake too...and I have serious doubts that Edgetrader's Nitro was reality...
FxFish repaints the past...is totally useless..but if you want to try it you can do it...
Trust me...no indy can filter renko fakes..find an indy that can "predict a 10pips move" and I will pay you to have it
sent you a pm
Quoting Chris_B
Renko lags...it shows you what the price have already done...
Indicator lags...we all know this!!

So..you are using a lagging indy over a lagging price...resulting in a double legging thing...IMHO
I no longer use renko either, except as a reference but do not trade off of it. It's a useful extra tool and I'm glad I found out about it. Steve Nison has a book, Beyond Candlesticks which explains renko in more detail.

I'm sorry there are people who feel Edge scammed them but all I know is, he taught me how to trade and helped flip me from a non-profitable trader to a profitable one! He had much to offer and helped a lot of people last summer.

As to TG, she/he fooled all of us! Pretty funny in retrospect.

Plenty of people have scammed me or otherwise led me astray .. but I move on & don't look back. The goal of becoming a profitable trader is way too important to waste any time on bemoaning the past!
******************* I'd rather make money than be right.
This is what seems to be keeping me out of some trouble.

TopTrend - 8,2,1.0,1,1,1000,true
Trix - 4,EEE,C
LWMA - 14(weighted close)
LWMA - 5(weighted close)
LWMA - 2(weighted close)

If Renko block breaks TopTrend only trade in direction of trend, basically 5 LWMA cross of 14 LWMA. Possible reentry 2 LWMA cross of 5 LWMA.
Trade only to make 2% of account ( 5-10 pips). The Hardest part was learning patience and not force the trade.
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Quoting ff-friend
Hi
Can somebody explain me the difference between indies please?
ff-friend,

I hadn't forgotten about your question, kinda busy coming up with a new scalp method for another friend's students.
I thought I may be able to answer your question, but after taking another look at both I'm not so sure that I can.

I'm not sure what the SMI input settings Period Q, R, S, & signal 3 numbers represent in the DxTrade Nitro indi, but maybe DxTrade will answer himself, I just sent him a pm & he only posted on another thread about 3 hrs ago so maybe we will hear back from him soon on this.
later,
45
PS:
I know I said I don't like scalping anymore, but it's for them not me.
informative:
http://breakpointtrades.com/Camtasia...nkosystem.html
45Fxguy, thank you

i'l wait, is very interesting for me.

Quoting 45Fxguy
ff-friend,

I hadn't forgotten about your question, kinda busy coming up with a new scalp method for another friend's students.
I thought I may be able to answer your question, but after taking another look at both I'm not so sure that I can.

I'm not sure what the SMI input settings Period Q, R, S, & signal 3 numbers represent in the DxTrade Nitro indi, but maybe DxTrade will answer himself, I just sent him a pm & he only posted on another thread about 3 hrs ago so maybe we will hear back from him soon on this.
later,
45
PS:
I know I said I don't...
Hello,Mate, I like your Nitro Dashboard indicator but whenever i load it onto my chart the whole thing slows down as though its near to freezing. Am i doing something wrong, i have it on a 15m chart of eur/usd?
Price failed to make new high
Below TopTrend ( changed setting to 13 instead of 8).
Arrow appeared (2LWMA cross of 5LWMA)
Trix failed to make new high and crossed below
5 pips banked
Attached Image (click to enlarge)
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Susan.

Can you contact me, pls?


Quoting SusanD
Hey jackal:...
Hi guys
sorry for the late reply...

I have a huge problem:
My fckuing windows laptop crashed and with him all mq4 files.
Normally I'm using a mac. And there I only have the ex4 files left.

What I can tell you is the SMI settings which are:
2,10,2,3

Hope that helps...

Uli
"The only successful substitute for brains is silence."
Quoting DXTrade
Hi guys
sorry for the late reply...

I have a huge problem:
My fckuing windows laptop crashed and with him all mq4 files.
Normally I'm using a mac. And there I only have the ex4 files left.

What I can tell you is the SMI settings which are:
2,10,2,3

Hope that helps...

Uli
SMI, is that Smooth Moving or Swing Man Indi Trix?
Quoting 45Fxguy
SMI, is that Smooth Moving or Swing Man Indi Trix?
Neither... that's the indi Chris used and changed and was an indexed momentum indicator.
Chris_B knows more about this one... just tried to use it to filter the Trix
"The only successful substitute for brains is silence."
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