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Linuxtroll Simple Scalping

  • #101
  • Jul 20, 2007 5:48am Jul 20, 2007 5:48am
Move ends -- Jump out... (strength weakening and price testing 168.50 H-line)

http://img508.imageshack.us/img508/3...p5sec02fa2.png
  • #102
  • Jul 20, 2007 5:54am Jul 20, 2007 5:54am
So many opportunities within few hours -- you can always end the day positive or filthy rich... Repeat until... LoL

http://img475.imageshack.us/img475/9...alp5secud5.png
  • #103
  • Jul 20, 2007 5:55am Jul 20, 2007 5:55am
Quoting linuxtroll
Big move starting... Jump in...

http://img329.imageshack.us/img329/5...alp5secbt6.png
Linuxtroll,
Did you trade this move? If so, where did you enter and what was your clue it was time? and how many entries did you make if more than one.
Thanks.
  • #104
  • Jul 20, 2007 5:59am Jul 20, 2007 5:59am
Do not trade here... Go and hit some golf balls...

http://img503.imageshack.us/img503/5...alp5secwz6.png
  • #105
  • Jul 20, 2007 6:06am Jul 20, 2007 6:06am
Quoting linuxtroll
Do not trade here... Go and hit some golf balls...

http://img503.imageshack.us/img503/5...alp5secwz6.png
Here is a perfect example of the question I have. This chart is choppy, do not trade. The chart above this post was choppy until it made it's move. At what point did you decide it was in fact making a move and not just anoterh choppy wave. There has to be a signal or a clue of some sort that you recognize as a possible movement. Is it possible to explain it, or is it more suble than to say, Oops, there it is?
I will master this!
  • #106
  • Jul 20, 2007 6:08am Jul 20, 2007 6:08am
Quoting Stan
Linuxtroll,
Did you trade this move? If so, where did you enter and what was your clue it was time? and how many entries did you make if more than one.
Thanks.
Yes, When spine hits the 168.78 H-line... Clue spine angle to the 04:30 V-line...
You can detect the move way before with some practice... and you can not miss it, if you are scalping from 02:00...

Try it next week and post your charts...
  • #107
  • Jul 20, 2007 6:11am Jul 20, 2007 6:11am
Quoting Stan
Here is a perfect example of the question I have. This chart is choppy, do not trade. The chart above this post was choppy until it made it's move. At what point did you decide it was in fact making a move and not just anoterh choppy wave. There has to be a signal or a clue of some sort that you recognize as a possible movement. Is it possible to explain it, or is it more suble than to say, Oops, there it is?
I will master this!
Do not you remember this old chart?

http://img407.imageshack.us/img407/3...tryexitfw0.png
  • #108
  • Jul 20, 2007 6:15am Jul 20, 2007 6:15am
Quoting linuxtroll
Do not you remember this old chart?

http://img407.imageshack.us/img407/3...tryexitfw0.png
Believe it or not, This chart is my wall paper on both of my computers. I am honest! PIPS honor and all that.
Every time I turn on my computer...There it is!
It always looks so much clearer After the move.
  • #109
  • Jul 20, 2007 6:24am Jul 20, 2007 6:24am
Quoting Stan
Believe it or not, This chart is my wall paper on both of my computers. I am honest! PIPS honor and all that.
Every time I turn on my computer...There it is!
It always looks so much clearer After the move.
If that's the case; you need more screen time... watch the 5 sec chart for a month (no other setups or time frames) -- then come and tell us whether you can detect the move clearly before the move... LoL
  • #110
  • Jul 20, 2007 6:33am Jul 20, 2007 6:33am
Quoting linuxtroll
If that's the case; you need more screen time... watch the 5 sec chart for a month (no other setups or time frames) -- then come and tell us whether you can detect the move clearly before the move... LoL
That I willl do. So the spine is just the 144WMA or the 240WMA making a it's trend known and when it hits either the time line or the price line, that is the entry.
  • #111
  • Jul 20, 2007 11:22am Jul 20, 2007 11:22am
Quoting linuxtroll
Big move starting... Jump in... (Spine hits 168.78 H-line)
Many thanks for the chart posts and explanations, LT!
I'm sure everyone agrees that it's helping them understand.


FXS
  • #112
  • Jul 20, 2007 1:45pm Jul 20, 2007 1:45pm
I'm sorry if I missed it somewhere in the thread but I did not catch the name of the charting software that allows you to view in 5sec. intervals? The two that I use Metatrader and FX Solutions GTS software do not go below 1 minute. I can see that diving deeper into the time frame may help identify a trigger ealier. Can help with this? Thanks

PS. Great thread linuxtroll simple and to the point...there is NOTHING better than screen time...your right on with that!!!
  • #113
  • Jul 20, 2007 1:48pm Jul 20, 2007 1:48pm
Quoting earret
I'm sorry if I missed it somewhere in the thread but I did not catch the name of the charting software that allows you to view in 5sec. intervals?
It is called OANDA
  • #114
  • Jul 20, 2007 2:11pm Jul 20, 2007 2:11pm
thanks ycomp!
  • #115
  • Jul 21, 2007 2:08am Jul 21, 2007 2:08am
Linuxtroll, what time zone are you in? Im asking because you said to scalp from 2:00(AM, I assume..lol) and your charts are generally from 3:00 to 5:00 which is your local time, I assume.

Anyway, great thread!

Edit: dottore, LT's name on the oanda forums is also linuxtroll...just search his name in google and you'll be busy for a few days...lol
  • #116
  • Jul 21, 2007 4:06am Jul 21, 2007 4:06am
Mr.Linuxtroll,
First, instead of my trading partner, I want to thank you for your thread. Today I found your thread for the first time. When I showed my trading partner(my husband) your attachments, he said, " Excellent!!! This man(Linuxtroll, you) must be a genius!"
My husband likes system trading and it is different from what I'm doing.
He added your method to his system immediately.(See this attachment)
We wish you continued outstanding success.
Attached Image
Peace and Happiness through Prosperity (by Konosuke Matsushita)
  • #117
  • Jul 21, 2007 4:18am Jul 21, 2007 4:18am
This is USD/JPY daily chart. (We trade USD/JPY only)
My husband offers a compliment on your geometric, stereoscopic and beautiful system.
Attached Image
Peace and Happiness through Prosperity (by Konosuke Matsushita)
  • #118
  • Jul 21, 2007 11:42am Jul 21, 2007 11:42am
Quoting nhallmark
just search his name in google and you'll be busy for a few days...lol
Wow! I just did the Google search. So many people
on other forums doing Q&A with LT over the years.
It must be like a broken record for him!
Everyone here should spend some time on the Google
search results to answer lots of common, recurring
questions so that we can move forward in our understanding
much more quickly!
Hey, LT! Now I can see that you must be
a really patient and persevering person to share your method
and field the same questions over and over and over again!

Thanks for the post, nhallmark!

FXS
  • #119
  • Jul 21, 2007 5:12pm Jul 21, 2007 5:12pm
Hello,

thanks to Linuxtroll and Italian pips pirate Alessandro I watch now EUR/USD 1 hour a day with these setup:

- Main trend 5sec just for direction,
- then I watch also 5 min Heikin Ashi candles with 5 min timer.

If last candle (10-15 sec before 5 min interval end) change colour from red to green and I have long trend on 5sec chart I jump quick in for 5-8 nett pips. Most trades(90%) I take between 8 - 9 AM(I am GMT plus 2)so before London session, using Level 2 for "almost" 0 spread and it works!

Bruno
  • #120
  • Jul 21, 2007 7:11pm Jul 21, 2007 7:11pm
Quoting FXSurfer
Wow! I just did the Google search. So many people
on other forums doing Q&A with LT over the years.
It must be like a broken record for him!
Everyone here should spend some time on the Google
search results to answer lots of common, recurring
questions so that we can move forward in our understanding
much more quickly!
Hey, LT! Now I can see that you must be
a really patient and persevering person to share your method
and field the same questions over and over and over again!

Thanks for the post, nhallmark!

FXS
When you get done with that, go back to all the forums in the search results and click his user profile and read all his posts in other threads...I've been stalking LT since february without him knowing...err, until now...lol

The two most common things I have found in his posts are...

1. He is vague but if you do your homework, he actually says a lot.

2. He loves golf...lol

Anyway, I guess LT is out for the weekend...so what time of day do you guys usually attempt to scalp the rainbow?
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