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Linuxtroll Simple Scalping

  • #781
  • Aug 30, 2007 2:56am Aug 30, 2007 2:56am
LinuxTroll is is good .....
  • #782
  • Aug 30, 2007 12:22pm Aug 30, 2007 12:22pm
Quoting EternalTrade
Hey guys, I have been testing this system for some time now and I just want to join the rest of the people here and say thank you to LinuxTroll For me it is always a problem to get into trade fast, but recently I came across this program http://www.vip-fx.com/forum/delphi-a...-scalping.html that will help a lot to execute your orders fast. The developer says that he just finishing it right now, but I can tell by the screenshot it looks really good

Hmmmmmmmmmm...
"Please sir, may I have some more pips?"
  • #783
  • Aug 30, 2007 1:33pm Aug 30, 2007 1:33pm
Hey all,
Just to let you know how profitable LT's system is, today was a wonderful 1st day! Easiest ~40 pips I've gained in a long time and definitely the easiest on my psyche! I've attached the orderbook, sry I don't have screen shots, I gotta put a screen shot program on my comp. But the main thing for me is that 40+ pips is very possible. I increased my account by 6% today and that wasn't even using 3% money management, most trades were 10 lots and should be somewhere around 70-80 lots taking a 10 pip s/l. Thanks LT and I continue to put in my screen time! Many pips to all. pk
Attached File(s)
File Type: doc August 30, 2007 Trading.doc   27 KB | 635 downloads
  • #784
  • Aug 30, 2007 2:47pm Aug 30, 2007 2:47pm
Quoting pkchilly
Hey all,
Just to let you know how profitable LT's system is, today was a wonderful 1st day! Easiest ~40 pips I've gained in a long time and definitely the easiest on my psyche! I've attached the orderbook, sry I don't have screen shots, I gotta put a screen shot program on my comp. But the main thing for me is that 40+ pips is very possible. I increased my account by 6% today and that wasn't even using 3% money management, most trades were 10 lots and should be somewhere around 70-80 lots taking a 10 pip s/l. Thanks LT and I continue to put in my screen time! Many pips to all. pk
Yes,many opportunity per day in 5s time frame.
Attached Image (click to enlarge)
Click to Enlarge Name: Spine.jpg Size: 186 KB
  • #785
  • Aug 30, 2007 5:30pm Aug 30, 2007 5:30pm
Yes, it was just gorgeous Amenlo9, and I didn't even trade that this afternoon! All mine were this morning--now that I look back at the charts, you are right, beautiful setups this afternoon, I'll remember that for later. Tks and happy pipping.
pk
  • #786
  • Aug 31, 2007 3:35am Aug 31, 2007 3:35am
You are looking at the chart of AUD/JPY, you think you're looking at EUR/JPY so you trade EUR/JPY and you make a 6 pip profit getting out about 1 pip shy of the top

Too bad it doesn't always work like that when I look at the real EUR/JPY chart
  • #787
  • Aug 31, 2007 6:20am Aug 31, 2007 6:20am
Quoting ycomp
You are looking at the chart of AUD/JPY, you think you're looking at EUR/JPY so you trade EUR/JPY and you make a 6 pip profit getting out about 1 pip shy of the top

Too bad it doesn't always work like that when I look at the real EUR/JPY chart
LoL
  • #788
  • Aug 31, 2007 6:42am Aug 31, 2007 6:42am
Quoting linuxtroll
I will release an e-book through cyrox.com soon...
Been following you around... oanda,, tsd etc...... but lack of courage to chase the rainbow.... Maybe after reading your e-book would help Anyway, thanks.
  • #789
  • Aug 31, 2007 6:43am Aug 31, 2007 6:43am
Quoting lacika
HE is NOT "snake oil tradesman".
Hi lacika, I was only joking. Been following LT posts long before this thread and I have great respect for him. In fact I have been stalking him.
LT I noticed your new avatar, but personally I prefer the old one. Guess I gonna have to get use to this one.
  • #790
  • Aug 31, 2007 6:53am Aug 31, 2007 6:53am
Everything LinuxTroll thought is in here...... you just need to read & practice.
The e-book simply collect all his teaching with several more example in 1 single place instead of many different post...

them ost important thing is watch the rainbow.....

where can i get the tick chart with history ? metatrader tick chart is only a few minute back.
  • #791
  • Aug 31, 2007 7:14am Aug 31, 2007 7:14am
make sure you put me on your list to get that E-book linux troll.
  • #792
  • Aug 31, 2007 7:25am Aug 31, 2007 7:25am
Quoting wildgate70
make sure you put me on your list to get that E-book linux troll.
I 2nd that. I'd love to read that one!
  • #793
  • Aug 31, 2007 10:25am Aug 31, 2007 10:25am
Listen, whether he decides to charge for it or not is no business of ours and says nothing about LT as a person or a trader. He's spent the countless hours building the system, mastering the system, teaching the system, and developing the ebook. If he wants some recompense he has the right.

Try to avoid passing judgment on someone you know nothing about who has contributed to your forex learning experience.

By the way -- I know this is in the mantra in the form of never let a winner turn into a loser, but it has helped me to think of it in this manner when trading the rainbow. In forex, we always hear "Don't be greedy". Well for the rainbow I've modified that statement and put it up on my tradestation --- "Don't be greedy, BE STINGY". Meaning once I've earned a profit I do not want to give very much of it back to the market. Yes, you may only make 5 pips when you could have made 20 but it works the other way as well. You may make 5 pips when you would have lost 12.

Cheers
  • #794
  • Aug 31, 2007 10:55am Aug 31, 2007 10:55am
Quoting MasterBlaster
Listen, whether he decides to charge for it or not is no business of ours and says nothing about LT as a person or a trader. He's spent the countless hours building the system, mastering the system, teaching the system, and developing the ebook. If he wants some recompense he has the right.

Try to avoid passing judgment on someone you know nothing about who has contributed to your forex learning experience.
........

Cheers
Agreed
  • #795
  • Aug 31, 2007 11:14am Aug 31, 2007 11:14am
Have not posted yet here, but have been following this thread from the start and trading live w/ a small account with very good success. However, I think I know I have been lucky more than a few times when my trades where going south by quite a bit only to turn around again for a nice profit. If I had cut them when I know I should have, I would not have realized positive pips. So, my question is around how the rest of you are figuring a stop loss. I know Kharvell is doing 10 pips + spread, which puts him around 14 or so pip stop loss. When looking to "scalp" 5-10 pips a shot, how does having a larger SL make sense (I am not being critical, I think Kharvell is doing it right, just trying to get the thoughts of others that are actually trading the rainbow)? Is it because the winning percentage is so high? I know many of my trades went negative by more than 14 pips only to turn around nicely. My worry is that I know it is a just a matter of time until a trade does not turn around and I take a huge loss. Again, just would like to hear the thoughts of others....
  • #796
  • Aug 31, 2007 11:19am Aug 31, 2007 11:19am
Quoting wcalem
......... I know many of my trades went negative by more than 14 pips only to turn around nicely. My worry is that I know it is a just a matter of time until a trade does not turn around and I take a huge loss. Again, just would like to hear the thoughts of others....
you don't look at the rainbow correctly.... rainbow say long, you short, rainbow say short you long, that why you have to wait for it to come back...
  • #797
  • Aug 31, 2007 11:21am Aug 31, 2007 11:21am
Quoting MasterBlaster
Listen, whether he decides to charge for it or not is no business of ours and says nothing about LT as a person or a trader. He's spent the countless hours building the system, mastering the system, teaching the system, and developing the ebook. If he wants some recompense he has the right.

Try to avoid passing judgment on someone you know nothing about who has contributed to your forex learning experience.

By the way -- I know this is in the mantra in the form of never let a winner turn into a loser, but it has helped me to think of it in this manner when trading the rainbow. In forex, we always hear "Don't be greedy". Well for the rainbow I've modified that statement and put it up on my tradestation --- "Don't be greedy, BE STINGY". Meaning once I've earned a profit I do not want to give very much of it back to the market. Yes, you may only make 5 pips when you could have made 20 but it works the other way as well. You may make 5 pips when you would have lost 12.

Cheers
Agreed Master, I move my stop loss up when I am in a profit, I will continue to move it up and tighten the sl to maybe only 4 or 5 pips when I am in a good profit that way I never give back much but could have the market move higher.
creating wealth one pip at a time.....
  • #798
  • Aug 31, 2007 12:08pm Aug 31, 2007 12:08pm
Quoting TheOne
Hi lacika, I was only joking. Been following LT posts long before this thread and I have great respect for him. In fact I have been stalking him.
LT I noticed your new avatar, but personally I prefer the old one. Guess I gonna have to get use to this one.
Oh! People are stalking me? Must hire a bodyguard...

OK... I will make a new avatar or change it to the old animated one soon...
  • #799
  • Aug 31, 2007 12:14pm Aug 31, 2007 12:14pm
Quoting Syafi
you don't look at the rainbow correctly.... rainbow say long, you short, rainbow say short you long, that why you have to wait for it to come back...
How are you listening to the rainbow when you say that it "says" long/short?

Are you using 5 second? Are you keeping longer term trend in mind? Are you playing rainbow crossovers or trend continuation?

Please let us all know how you are reading the rainbow if you would.
  • #800
  • Aug 31, 2007 12:19pm Aug 31, 2007 12:19pm
Quoting wheelsut
Agreed Master, I move my stop loss up when I am in a profit, I will continue to move it up and tighten the sl to maybe only 4 or 5 pips when I am in a good profit that way I never give back much but could have the market move higher.
On the subject of TP. Anyone practice Mantra #21?

P.S. Please don't leave us when your website's up, LT!
P.S.S. Nice Home Page.
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