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Linuxtroll Simple Scalping

Quoting Iqtrading
You can open a extra FXboard where u only place EURJPY, then right click in the order area and choose the template Standard that u have buy and sell near to another and place it in your chart
Thank you; I have already come up with a solution today. I have wrote a little program that trade EUR/JPY with EFX and it will disable and enable the button for buying / selling when the spread is < 1. So I never order with a large spread and don't have to pay attention to the spread; Just watch the Rainbow, Click and (make profit; it will order with a < 1 spread when the buttons are enabled).
Quoting FlashCall
Thank you; I have already come up with a solution today. I have wrote a little program that trade EUR/JPY with EFX and it will disable and enable the button for buying / selling when the spread is < 1. So I never order with a large spread and don't have to pay attention to the spread; Just watch the Rainbow, Click and (make profit; it will order with a < 1 spread when the buttons are enabled).
you r a programmer?
Quoting Iqtrading
you r a programmer?
I have a programming background, yes. Not (only) programming for a living anymore; Now-a-days much more concept design and consultancy in web and mobile solutions / projects. (And trading part-time ForEx.)
Quoting amenlo9
1 loss 1 win.no gut to hold longer on 2nd trade.the first trade seem like a good short entry but it was fail.anyway,still happy at least i am positive as always,when to cut loss and take profit still my biggest enemy


That is the key, to stay positive pips everyday.
The last 2 days the EJ made a pretty sweet move between 3-4pm EST.
Enough of a move today to take me from being in the red to 14 pips in the black!
i received today a spam (and it came at iinbox and not at spam box) from golfbreaks...

"Imagine an ideal day on the course - pristine greens, a deep blue sky above,

the beach beyond, a cool beer waiting for you back at the clubhouse...... "

it is rare to me receive spam using Gmail... and about golf

:surprised
oops I did it again !

http://i198.photobucket.com/albums/a...papertrade.jpg


Now the real number:
They gave me 5104 $ after the breakdown this morning.
I had 1.709 $ in commisions.
So it leaves me for the day with 1192 $.Not as the 2.500 $ yesterday,lol.
I have measured the success rate and is only 58%.Imagine the 90% success rate.
I begin to understand what LT means by ,charge on make millions.Hurraaa!

I will take the scalp of papertrade.Hehaaa!

Cheers
Learn something difficult and earn real money for ever, a lot.
Hello ,

I will add one more post and drop some salt behind my back in order to change my post count upwards.

http://i198.photobucket.com/albums/a...adingsetup.jpg

My trading station and the 5 sec,30 sec,1 min, and 5 min oanda charts plus my spare notebook(good for the broader picture,divergence,etc.) with entry exit signs ,laguerre,stochastics,daily pivots and moving averages of 60,200 .Gift from the other great thread scalping GPY in 5min charts by Imran.

Cheers

Basil
Learn something difficult and earn real money for ever, a lot.
I thought that this might be of interest for those trading the EUR/JPY or AUD/USD pairs. It's a spreadsheet showing the hourly range for those 2 pairs. It uses the 20 most recent trading days. The times are EST. I only trade this 2 pairs and update the spreadsheet every 10 days or so with the new data.
Attached File(s)
File Type: xls HourlyRange.xls   104 KB | 730 downloads
Stubbornly persistent
Quoting sergiu
I thought that this might be of interest for those trading the EUR/JPY or AUD/USD pairs. It's a spreadsheet showing the hourly range for those 2 pairs. It uses the 20 most recent trading days. The times are EST. I only trade this 2 pairs and update the spreadsheet every 10 days or so with the new data.
Thanks for sharing.
Quoting Blazer
Hello ,

I will add one more post and drop some salt behind my back in order to change my post count upwards.

My trading station and the 5 sec,30 sec,1 min, and 5 min oanda charts plus my spare notebook(good for the broader picture,divergence,etc.) with entry exit signs ,laguerre,stochastics,daily pivots and moving averages of 60,200 .Gift from the other great thread scalping GPY in 5min charts by Imran.

Cheers

Basil
Hi Blazer,

I have seen Imran's post, but I could not find laguerre indicator in my chart package. Can you please suggest a chart package that provides that indicator. Also can you also share with us what other indicators you use along with the LTSS and also how you use those indicators for an entry/exit etc.

Thanks for your help.
Hello,

Imran indicators ,templates etc are in the first page, it is updated.
http://www.forexfactory.com/showthread.php?t=48926

Imran indicators etc, are auxilliary only in order to have a bigger picture.

Nothing is faster than LT rainbow.I tend to believe that screen time develops a gut indicator of what you must do.

Total taliban scalping .None can stop a trained LT scalper when he charges outside news zones.

I am not good yet,I am under 60%.

If you see it as a video game and a personal competition you must double your papertrade account in 10 days (maybe 5)max,constantly.

I imagine that this is the 90% success charging.

One last think is that I don't care for pips.I care for money earned or lost.

So I don't count any pips at all.When I see red $ number ,I am ready to cancel.

Cheers

Basil
Learn something difficult and earn real money for ever, a lot.
Quoting Blazer
oops I did it again !

Gimme gimme mooreee... gimme, gimme mooree...


Basil, if you can...post a chart with a few of your aha trades....without markings and explanations, just a chart.

thanks.
Come on EJ, lets get a move on it already!!!

Taking baby steps today.
Magnus I see you are here but have been very quite as of late. I for one am very quite as I am reading and learning all I can, I have missed your imput. Hope things are going well for you any insight please speak up.
creating wealth one pip at a time.....
Until tonight I have really sucked at this method, today was the first day I pulled in $400+ in one hour. prior till tonight i was getting smashed!

I am starting to see how important it is to determine the spine direction and to wait till you can see a real move and not a flame push.tonight i was reentering on the failed minor rises. the long was a lucky trade!

Just lost a bit and then made it back in 2 fold, tonight has been a real treat!
Attached Image (click to enlarge)
Click to Enlarge Name: Today's London open.JPG Size: 163 KB
EUR/JPY had some of the hottest action I have seen tonight, clean flowing waves with hardly any chop. Tonight was the best session of my new found rainbow life. Maybe it was luck, but tonight was the first real session were i felt i controlled my trades. As I write this waves keep flowing but i think i will take it all in and call it a night. +$986 for 2hours & 20 min.

hmm, can't get to confident still a long way to go.............
Maybe it helps, i have plotted BBands to the price and a 365 SMA, don't ask me why 365 it helps me to identify potential of the scalp... i don't want to overtune the system from LT, but for me it is better to see if price is in down channel from BB or up Channel gave me more opportunities and a faster view of risk management

just my 2 cents

Quoting &gt;Apocalypto&lt;
Until tonight I have really sucked at this method, today was the first day I pulled in $400+ in one hour. prior till tonight i was getting smashed!

I am starting to see how important it is to determine the spine direction and to wait till you can see a real move and not a flame push.tonight i was reentering on the failed minor rises. the long was a lucky trade!

Just lost a bit and then made it back in 2 fold, tonight has been a real treat!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CRBW 000420.15.2514.11.2007 .png Size: 93 KB
Click to Enlarge Name: CRBW 000520.35.2514.11.2007 .png Size: 100 KB
Click to Enlarge Name: CRBW 000620.55.2514.11.2007 .png Size: 94 KB
Click to Enlarge Name: CRBW 000821.35.2514.11.2007 .png Size: 108 KB
Quoting Iqtrading
Maybe it helps, i have plotted BBands to the price and a 365 SMA,
You are a brave man to post technical indicators on this KISS thread...LOL
AUD/JPY for tonight:

Time Order ID Message Event TIF Orig Trader ID
20:06:43 0t5002s:06jv-00 Buy 1400000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1400000 traded at 99.371) Filled GTC DEMO****
20:06:16 0t5002s:06hy-00 Sell Short 1400000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1400000 traded at 99.51) Filled GTC DEMO****
20:00:52 0t5002s:06ci-00 Buy 1500000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1500000 traded at 99.58) Filled GTC DEMO****
19:59:53 0t5002s:06ar-00 Sell Short 1500000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1500000 traded at 99.54) Filled GTC DEMO****
19:57:17 0t5002s:067m-00 Buy 1400000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1400000 traded at 99.52) Filled GTC DEMO****
19:55:57 0t5002s:0640-00 Sell Short 1400000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1400000 traded at 99.60) Filled GTC DEMO****
19:52:04 0t5002s:05z2-00 Buy 1200000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1200000 traded at 99.56) Filled GTC DEMO****
19:49:13 0t5002s:05tq-00 Sell Short 1200000 AUD/JPY @ Market on MBTX [expiring: 14/02/2008] (1200000 traded at 99.709) Filled GTC DEMO****

more than enough! Don't even need to trade tomorrow.. woo hoo friday night drinks on me

http://thehoddlegrid.net/dump/AUDJPY151107.jpg
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