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Linuxtroll Simple Scalping

  • #1
  • First Post: Edited Oct 30, 2021 6:36pm Jul 14, 2007 9:17am | Edited Oct 30, 2021 6:36pm
Dr Cyrinus Joseph invented a simple, fast and effective spot forex trading tool and technique. EASRON allows you to take advantage of spot forex market opportunities with speed and confidence. EASRON Scalping technique based on our frequency and information security research helps many spot forex traders. Simple and Smart method based on Information Security with solid risk management...

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NB! We have given a new name for our good old Cyrox Rainbow: EASRON (not based on lagging moving averages or time-frame - pure real-time bid ask flow - web based application running from cloud) - our web based dashboard 10th anniversary on 15th Jan 2018... and our research 27 years (1995-2022)... New name - EASRON released on 14 Dec 2017...

WORLDS LEADING FOREX SCALPING TECHNIQUE (EASRON Scalping):

Goal Achieved: (EASRON)
We created more EASRON Scalpers trading against algorithms in spot forex market... We fine tuned EASRON dashboard with easy and simple rules to scalp spot forex market...

NB!
No offer or solicitation to buy or sell securities or investment products of any kind, and no recommendation or advice is made, given or in any manner endorsed by EASRON or any of its advertisers/affiliates. Do your own due-diligence to be in compliance with your local regulations. There are no profit guarantees. All trade decisions are solely the responsibility of the trader. Everything in life is risk -- Risk can only be mitigated -- Never eliminated...

EASRON -- CHARGE ON -- MAKE MILLIONS

--
Linuxtroll (Dr Cyrinus Joseph)
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  • #2
  • Jul 14, 2007 10:00am Jul 14, 2007 10:00am
can it be use on New York open?
  • #3
  • Jul 14, 2007 12:33pm Jul 14, 2007 12:33pm
Quoting amenlo9
can it be use on New York open?
Yes...
  • #4
  • Jul 14, 2007 12:39pm Jul 14, 2007 12:39pm
linux seems to be one of the few that understands the value of a pip. linux i'm searching for the best scalping techniques for 1-2 pips frequently throughout the day. My spreads are .8-1 on eurusd and usdjpy.

Can you get more advanced in this thread?

Thank you for providing everything you've provided at oanda forums and here. Good to have you here.
It really is that easy.
  • #5
  • Jul 14, 2007 12:40pm Jul 14, 2007 12:40pm
Linux,how to confirm the trend on 1 min chart?how to trade using rainbow?
  • #6
  • Jul 14, 2007 7:05pm Jul 14, 2007 7:05pm
Linuxtroll,
Glad to see you starting your own thread.
I have been using "The Rainbow" and my trading is improving.
I still make stooopid mistakes that I realize after the fact, but they are getting further apart.
Let me ask one question here if I may...
Let's say you have identified the direction on the 1m. Do you let it continue to move in the direction and then wait for a pull back (say 33-50% or so) and then take a postion in the direction on the movement?
This is what I have been doing and it seems to work almost every time due to price action.
Movement, retracement, continuation of movement.
Thanks,
Stan
  • #7
  • Jul 14, 2007 11:42pm Jul 14, 2007 11:42pm
Nice to see your tread Linuxtroll!
"Every battle is won before it is ever fought." - Sun-tzu, The Art of War.
  • #8
  • Jul 15, 2007 12:13am Jul 15, 2007 12:13am
So glad that you started this thread, LT!
Wonderful to have you back.


FXS

Here's some eye candy for you.
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  • #9
  • Jul 15, 2007 10:08am Jul 15, 2007 10:08am
Quoting FXSurfer
So glad that you started this thread, LT!
Wonderful to have you back.


FXS

Here's some eye candy for you.
Looks like a sell to me... Jump in Surfer... LoL

I just posted my simple scalping system... You need a lot of screen time to achieve 99% hit rate (easy if you can capture one good trade per day)...
  • #10
  • Jul 15, 2007 10:16am Jul 15, 2007 10:16am
Quoting Stan
Linuxtroll,
Glad to see you starting your own thread.
I have been using "The Rainbow" and my trading is improving.
I still make stooopid mistakes that I realize after the fact, but they are getting further apart.
Let me ask one question here if I may...
Let's say you have identified the direction on the 1m. Do you let it continue to move in the direction and then wait for a pull back (say 33-50% or so) and then take a postion in the direction on the movement?
This is what I have been doing and it seems to work almost every time due to price action.
Movement, retracement, continuation of movement.
Thanks,
Stan
Depends on the market... Mainly look for the breach of major or minor support and resistance levels; or breach of round numbers (time/price grids on the chart) for control... Whatever works for you... Following the Mantra is the key...
  • #11
  • Jul 16, 2007 9:18am Jul 16, 2007 9:18am
Scalpers try to run stops.
When near a support resistance we see volume move strongly through the support or resistance and that is where we scalp. Very commonly we see the support become the resistance and price moves up to touch the newly formed resistance then continues down.
I have been watching John Carter's videos for a month or so and I see him doing this without saying it. Also I've been reading up on scalpers for a week and the best floor scalpers are trading this way and breakouts. It seems the best traders are all scalpers that take profits quickly then move stop to breakeven. Catching a large run on the day does not happen often.
It really is that easy.
  • #12
  • Jul 16, 2007 4:26pm Jul 16, 2007 4:26pm
This is gonna sound very stupid, but I dont understand whats going on here at all. I stumbled upon this from the GMMA thread and I have been using them with success on the longer time frames, but am def. interested in adding scalping to my Repertoire. Can you guys point me in the direction of more info on this. What is "The Rainbow", when you say look for breach of res/sup levels do you mean thats when we enter? I dont know, anyone want to take a stab a clarifying this mess or a question, etc.
  • #13
  • Jul 16, 2007 5:34pm Jul 16, 2007 5:34pm
Can someone please explain how the rainbow should be interpreted, and exactly what it is indicating?

I was able to download the template and it is indeed very pretty. But without instruction of any kind it is rather useless.

Anyone? Would be very much appreciated...

Thanks!
Jeff Singer, K2KV
  • #14
  • Jul 16, 2007 6:38pm Jul 16, 2007 6:38pm
the rainbow is another way to "see" the market.
seperation means strength in trend. it's all pretty straight forward. if you look up guppy moving averages you'll learn more than you ever wanted to know about how the master trades them.

Linux has been using them for a long time and obviously he is still kicking so must be doing well.

I made a comment about scalping around stop areas. look for areas that should hold many stops just below support for example and try to take a pip out of that area as it's going down to knock them out. it's most likely going to whip back up to the previous support so just take your 1-2 pips. you can't do this on a retail broker with 2 pip spreads. you need to use 0-.5 pip spreads.

hope this helps.
It really is that easy.
  • #15
  • Jul 16, 2007 6:43pm Jul 16, 2007 6:43pm
Quoting sublimeonskunk
This is gonna sound very stupid, but I dont understand whats going on here at all. I stumbled upon this from the GMMA thread and I have been using them with success on the longer time frames, but am def. interested in adding scalping to my Repertoire. Can you guys point me in the direction of more info on this. What is "The Rainbow", when you say look for breach of res/sup levels do you mean thats when we enter? I dont know, anyone want to take a stab a clarifying this mess or a question, etc.
Basically, yes. I'm no scalping trader, but I think I understand the basic premise of what they do.

When price breaks through a S/R level, it does so with conviction. Volume picks up and price moves through the level fairly quickly and on to the next level of S/R. The scalper would enter the trade as soon as it appears that S/R is broken and quickly take profits after it has moved a few pips. That's why Linux states that to be successful with this strategy, you need to be with a broker that has minimal to no spread.
  • #16
  • Jul 16, 2007 7:15pm Jul 16, 2007 7:15pm
Quoting k2kv
Can someone please explain how the rainbow should be interpreted, and exactly what it is indicating?

I was able to download the template and it is indeed very pretty. But without instruction of any kind it is rather useless.

Anyone? Would be very much appreciated...

Thanks!
Hello All!

I've been following LT's instructions on the first post
of this thread(from his Oanda posts, they are still this same)
for a while now. You will get a feel of how to trade it on your
own with a good amount of screen time.
One key point: use the one minute or less time frame even if
you don't think you'll trade it. That way you see the ebbs and
flows develop right before your eyes. No interpretation needed!
Then work up to longer time frames as you like. No difference at all.
Please correct any mistakes here, LT!

Just try, you'll see!

FXS
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  • #17
  • Jul 16, 2007 7:52pm Jul 16, 2007 7:52pm
Absolutely... All 3 posts in this page hold the keys to a successful scalping...
  • #18
  • Jul 16, 2007 8:28pm Jul 16, 2007 8:28pm
Quoting xPiP
No squiggly lines needed.
Thanks for your method.
I can see a thread dedicated
just to it.
If we want to implement Linuxtroll's
instructions outlined in the first post
we need the sqiggly lines.
After we become proficient at it, we won't.
It's a method to train yourself in the art of
following the natural, ever-changing movement
of the markets. The rainbow is the tool that
the method uses. We need it on this thread.

Have a good day
FXS
  • #19
  • Jul 16, 2007 8:47pm Jul 16, 2007 8:47pm
...and the squiggly lines and patterns in 30sec or 1min chart give more control than watching 1h red or green candle movement TRO... Try it... LoL

You can always use the H/V lines... S/R lines with squiggly lines -- more control...
  • #20
  • Jul 16, 2007 9:22pm Jul 16, 2007 9:22pm
...and the Rainbow also acts as a Trend Strength Indicator...
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