Scalpers Go Here | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Best broker for scalpers? 162 replies

Scalpers Hourly Range Indicator (TSR tweeked for scalpers) 2 replies

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays 88 replies

Synergy Method For Scalpers and Scalpers Hourly Range Calculator (Based on TSR) 22 replies

Attachments: Scalpers Go Here
Exit Attachments

Scalpers Go Here

  • #21
  • Dec 14, 2006 10:24am Dec 14, 2006 10:24am
Quoting hanz
testing akuma99's snake-eye something like that...

im with EFX so i can scalp all i can

ya turn linuxtroll :

thats a horrible hand writing on the picture :S
  • #22
  • Dec 14, 2006 2:52pm Dec 14, 2006 2:52pm
Quoting linuxtroll
Jump in and ride the wave on Rainbow chart... I do not need EFX to scalp... I can scalp all day... eurusd 5 sec chart at Oanda... LoL
Linuxtroll... you are right THERE... hitting the bulls eye... congratulations...! I am new... reading a lott... and this knowledge is letting me know that what I just said is correct about what you do...

would you help me to learn it... your chart setup... what your eyes are looking for... decision points... etc...? or where should I go to learn this... -tks,

EnkiJr
  • #23
  • Dec 14, 2006 3:38pm Dec 14, 2006 3:38pm
That chart looks more like a 5 minute chart than a 5 second..........





Quoting linuxtroll
Jump in and ride the wave on Rainbow chart... I do not need EFX to scalp... I can scalp all day... eurusd 5 sec chart at Oanda... LoL
Same Whore .... Different Dress
  • #24
  • Dec 14, 2006 3:38pm Dec 14, 2006 3:38pm
Australia took 2 early scalps yeasterday in the second innings. GO OZZIES !!!
  • #25
  • Dec 14, 2006 4:24pm Dec 14, 2006 4:24pm
Use the 1 minute chart, plus 15 and 30 for general trend. Entering/exiting at pivot points.

3 AUD/USD and 1 EUR/USD scalps today, plus regular trading ...

over +75 pips gain today! woo hoo!

GF
  • #26
  • Dec 14, 2006 4:27pm Dec 14, 2006 4:27pm
Quoting linuxtroll
Jump in and ride the wave on Rainbow chart... I do not need EFX to scalp... I can scalp all day... eurusd 5 sec chart at Oanda... LoL
Hey Troll,

I liked your MA chart there as I discovered it a few days ago. It's very interesting and gives a clear impression of what the action is doing. As the price penetrates the different MA's, you can easily get a sense of direction and how much strength is behind the moves.

GF
  • #27
  • Dec 14, 2006 5:01pm Dec 14, 2006 5:01pm
hey jumper why dont you post one of your own ideas and stop tryin to take money off other people!! i scalp every trade for everyone else who would like to know how i do it let me know. i no longer like to post info on here after i have seen how 2-faced people are on here like mr. jumper!! and fyi jumper this is in regard to trashin mouteki trading!!
  • #28
  • Dec 14, 2006 5:53pm Dec 14, 2006 5:53pm
I don't scalp, I totally flat refuse to it's stupid, 1 stop out wipes out 5 perfectly good scalps.

Unfortunately, my luck sucks, never seem to take more than 6pips on any trade, market stalls around there for hours and hours on end until eventually I give up.

So despite my efforts, pretty much all of my trades are scalps


Life hey!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #29
  • Dec 14, 2006 7:04pm Dec 14, 2006 7:04pm
Quoting johnedoe
That chart looks more like a 5 minute chart than a 5 second..........
wake up... check the time interval on the top and see how many candles within that interval... it is a 5 sec chart... LoL
  • #30
  • Dec 14, 2006 7:10pm Dec 14, 2006 7:10pm
By golly your right..........
I guess the meds kicked in........
Same Whore .... Different Dress
  • #31
  • Dec 14, 2006 7:12pm Dec 14, 2006 7:12pm
Quoting jrod
i cant see how you guys scalp. seems like a lot of work for not as many pips as its worth. ive kinda tried but i just dont like sitting there watching it.
You see everything upside down... If you know even how to take 2-6 pips securely in a few minutes... with 10-50 lots... You do not need to sit in front of the computer the whole day... just a quick in and out during any active market time; go golfing or fishing... LoL
  • #32
  • Dec 14, 2006 7:23pm Dec 14, 2006 7:23pm
Quoting linuxtroll
You see everything upside down... If you know even how to take 2-6 pips securely in a few minutes... with 10-50 lots... You do not need to sit in front of the computer the whole day... just a quick in and out during any active market time; go golfing or fishing... LoL


scalping the way to go...if your pro to it
  • #33
  • Dec 14, 2006 7:52pm Dec 14, 2006 7:52pm
Quoting hanz


scalping the way to go...if your pro to it
Ultimate Trader

Scalping is a Wshing Well

Just use the philosophy and strategy; not the setups...

Use the Rainbow (ema 5-233) in 5 sec chart (max 1 min chart)...

Keep it simple...
  • #34
  • Dec 14, 2006 8:14pm Dec 14, 2006 8:14pm
Hey, where can I get one of those rainbow chart thinga majjigers ???
  • #35
  • Dec 14, 2006 8:20pm Dec 14, 2006 8:20pm
Quoting linuxtroll
Ultimate Trader

Scalping is a Wshing Well

Just use the philosophy and strategy; not the setups...

Use the Rainbow (ema 5-233) in 5 sec chart (max 1 min chart)...

Keep it simple...
Hi Linuxtroll,

Is it possible to set up 5 sec chart in metatrader? If so, how?

Thanks in advance.

AndyL
  • #36
  • Dec 14, 2006 8:30pm Dec 14, 2006 8:30pm
No not possible...

Linux how do you get the liquidity? you mean you can slide in and out with 50std lots so easily? Wow.

anyway trading game its normal. the shorter term will always sell high to the longer term trader.
  • #37
  • Dec 14, 2006 8:38pm Dec 14, 2006 8:38pm
On my charts it gives me the option on the ema 5-233 to set them up on the open, close, low, high? So what do you recommend

both on the open?
5 on the open?
233 on close?
Then when they cross do you wait, 2, 3 or 4 pips to take the trade, What is your signal to pull the trigger, I love KISS, it is the only way to trade. Thanks for helping out...
Enter Signature
  • #38
  • Dec 14, 2006 9:15pm Dec 14, 2006 9:15pm
Quoting AL4715
Hi Linuxtroll,

Is it possible to set up 5 sec chart in metatrader? If so, how?

Thanks in advance.

AndyL
No... You can only use M1... but most of the MMs I tested with MT4 - M1 chart comes with a lot of errors... M5 is the minimum usable chart... and requotes... Too bad...
  • #39
  • Dec 14, 2006 9:17pm Dec 14, 2006 9:17pm
Quoting jest1081
No not possible...

Linux how do you get the liquidity? you mean you can slide in and out with 50std lots so easily? Wow.
Not through Oanda... Think in 5x10 or 10x5 lots Jest... remember big waves last for 1-2 hours... so many opportunities within that period... All moves must pass through 5 sec chart (also easy to spot whether currency is moving now; by staying in 5 sec chart)... LoL
  • #40
  • Dec 14, 2006 9:31pm Dec 14, 2006 9:31pm
Quoting jamesr24
On my charts it gives me the option on the ema 5-233 to set them up on the open, close, low, high? So what do you recommend

both on the open?
5 on the open?
233 on close?
Then when they cross do you wait, 2, 3 or 4 pips to take the trade, What is your signal to pull the trigger, I love KISS, it is the only way to trade. Thanks for helping out...
EMA 5,10,15,....,235 etc... use 6 or 7 color MA groups to create the rainbow...

Close is fine...

Trick is to learn to spot the wave changes (use a lot of screen time with different currencies and market times)... Jump as soon as you spot the directional change (You do not need any filters here)... If it goes against you exit immediately; because you will always get another big wave... end the day always positive...

You can always use the same setup and skillset to capture big moves from higher time frames (that's another advantage in mastering this style/setup)... or use the higher time frames to get the direction and take the trade in that direction only (e.g.: check 1min or 5 min chart to trade 5 sec)... but KISS...
0 traders viewing now