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  • #1,741
  • Sep 24, 2007 6:13am Sep 24, 2007 6:13am
good trades
  • #1,742
  • Sep 24, 2007 6:48am Sep 24, 2007 6:48am
saw it look like a retracement.. so i jump in.

if everyday trading like this it would be so good.
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  • #1,743
  • Sep 24, 2007 7:45am Sep 24, 2007 7:45am
So 5 pip loss for New York open. . Time stop exit..... any suggestion with my entry? Happy trading to all
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  • #1,744
  • Sep 24, 2007 7:50am Sep 24, 2007 7:50am
Here great opportunity to enter, really High prob. trade + 7 pips cashed.
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  • #1,745
  • Sep 24, 2007 8:00am Sep 24, 2007 8:00am
Quoting Syafi
saw it look like a retracement.. so i jump in.

if everyday trading like this it would be so good.

Hi Syafi. Why do you concentrate on contra trades? Ho are you trading it? Are you trading on "it looks like" ? . Make a milion dolar maaan
  • #1,746
  • Sep 24, 2007 8:16am Sep 24, 2007 8:16am
Quoting FXSurfer
Awesome Harvest Sir!
London's a nice open! Some nice swings today.
As for myself I've gotten a little more consistant on quick
flame scalps. What I need to develop is my ability to stay
in the water a little longer. I get spooked out to easily. This
week I'll shoot for a few more pips too!

Thanks for the chart and nice going!
Thank you FX Surfer

Iam scalping the news. if you want bigger scalps for sure, just wait for some economic shocks. CPI, Last week or cut of Interest Rates statements in US. The Rainbow is great for that, and if you split fundamentals with rainbow, you are unbeatable .
  • #1,747
  • Sep 24, 2007 8:29am Sep 24, 2007 8:29am
Nice rally ................ Iam done for today. have a nice rest of day....
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  • #1,748
  • Sep 24, 2007 10:42am Sep 24, 2007 10:42am
Getting a bit better at jumping on and riding
the "slingshot" momentum generated at rainbow
reversals. Thanks LT!
  • #1,749
  • Sep 24, 2007 11:04am Sep 24, 2007 11:04am
Quoting denaro
Nice rally ................ Iam done for today. have a nice rest of day....
Looks like you found two very nice high prob setups there, keep it going!
  • #1,750
  • Sep 24, 2007 6:27pm Sep 24, 2007 6:27pm
Quoting denaro
Thank you FX Surfer

Iam scalping the news. if you want bigger scalps for sure, just wait for some economic shocks. CPI, Last week or cut of Interest Rates statements in US. The Rainbow is great for that, and if you split fundamentals with rainbow, you are unbeatable .
That's an interesting point denaro. I was also interested in implementing the rainbow for news scalping but never really tried so far, too busy with work. I'm wondering what linuxtroll thinks about this.
"Nothing is unexplainable, Everything is mystery" W. Liquorman
  • #1,751
  • Sep 24, 2007 6:28pm Sep 24, 2007 6:28pm
Quoting Syafi
saw it look like a retracement.. so i jump in.

if everyday trading like this it would be so good.
thats a super risky entry, i think you just got lucky this time
"Nothing is unexplainable, Everything is mystery" W. Liquorman
  • #1,752
  • Sep 24, 2007 6:34pm Sep 24, 2007 6:34pm
Quoting denaro
So 5 pip loss for New York open. . Time stop exit..... any suggestion with my entry? Happy trading to all
the spike preceding your entry looks somewhat suspicious, a good pattern to avoid imo
"Nothing is unexplainable, Everything is mystery" W. Liquorman
  • #1,753
  • Sep 24, 2007 6:36pm Sep 24, 2007 6:36pm
Quoting denaro
So 5 pip loss for New York open. . Time stop exit..... any suggestion with my entry? Happy trading to all
a perfect pattern is your post 1821
"Nothing is unexplainable, Everything is mystery" W. Liquorman
  • #1,754
  • Sep 24, 2007 9:38pm Sep 24, 2007 9:38pm
Whatever happened to ......?

Hey rainbow scalpers from times gone by (2.5 months ago LOL)!
How about an update? We see you on the bottom of the page.
I know that your scalping has to be coming along nicely!

Brent

Wow have we come a long way in a short time! Gracias LT.
  • #1,755
  • Sep 24, 2007 10:35pm Sep 24, 2007 10:35pm
Quoting FXSurfer
Whatever happened to ......?

Hey rainbow scalpers from times gone by (2.5 months ago LOL)!
How about an update? We see you on the bottom of the page.
I know that your scalping has to be coming along nicely!

Brent

Wow have we come a long way in a short time! Gracias LT.
haha, my scalping is still waiting for me
hopefully i'll start in about 2 weeks
btw fxs you could easily change the waves on your avatar to the rainbow
would look nice i think
also, guys, could anyone enlighten me about different trading session times
my time is est and i've seen some sources say for example that new york session starts at 9:00 am, others say 7:30.
"Nothing is unexplainable, Everything is mystery" W. Liquorman
  • #1,756
  • Sep 24, 2007 11:18pm Sep 24, 2007 11:18pm
Well,

I read something posted by another member somewhere that really struck a chord, and it brought back something from LT's book.

"Sitting in front of the computer for 8-12 hrs a day trading would not be equated with freedom". Put this together with LT concept of trading the first and last hour of any session, make your gains and then go enjoy life.

In addition to the session open and closing times, the one thing that I have noticed is that eur/jpy is also prone to move well around opening of equities markets, which is 1 hour after fx market in the US opens. Keep an eye out on that.

Regards,
K.
  • #1,757
  • Sep 24, 2007 11:36pm Sep 24, 2007 11:36pm
Quoting eyecelll
haha, my scalping is still waiting for me
hopefully i'll start in about 2 weeks
btw fxs you could easily change the waves on your avatar to the rainbow
would look nice i think
also, guys, could anyone enlighten me about different trading session times
my time is est and i've seen some sources say for example that new york session starts at 9:00 am, others say 7:30.
Here you go my friend! Good suggestion.
As you probably read already I have the same question about
hoping to clarify session times. Thanks for asking!

Also: When I saw Astoria on your profile I thought to invite you
for a coffee if you where in Seattle - thinking you were in Astoria, OR.
You mentioned EST and I realized NYC! The offer still stands of course!
Let's really improve our LTSS this week!
  • #1,758
  • Sep 25, 2007 2:34am Sep 25, 2007 2:34am
Watch rainbow since 10.00 - 15.00 ... not entering an trade..
then ........ saw this good setup. for a +30 pip less then 5 minute trade...
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  • #1,759
  • Sep 25, 2007 2:41am Sep 25, 2007 2:41am
RIde the Wave, up and down and up and down... sooo boring

Tickchart helps a great deal with the small swings.
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  • #1,760
  • Sep 25, 2007 2:42am Sep 25, 2007 2:42am
It's pretty amazing to catch a short ride on a flame,
even if you only net a few pips after so-so fills.
Those trades are sometimes only 20 seconds long!
To look ahead, even if it takes time, to trading multiple
(ten's a nice round number) full lot flame bursts is
truly an awesome goal!
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