Linuxtroll Simple Scalping | Page 129 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

Indicators and Rules for Simple Method of Scalping GBP/Jpy on 5 min chart 18 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Simple Scalping System 64 replies

xPip Simple Scalping 27 replies

Attachments: Linuxtroll Simple Scalping
Exit Attachments

Linuxtroll Simple Scalping

  • #2,561
  • Oct 18, 2007 1:29am Oct 18, 2007 1:29am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
Do you see a good setup here ?

Nope, I saw 2 good setups there ...

I want to thank everyone for there help yesterday. I have definately got my head round the Rainbow concept a bit more than I did before because of this...

Will see how the next two days pan out... and next week as well...


Thank you again everyone for all your help


Magnus
Attached Image (click to enlarge)
Click to Enlarge Name: Trades_7.gif Size: 38 KB
  • #2,562
  • Oct 18, 2007 2:11am Oct 18, 2007 2:11am
Quoting Yuppie
Nope, I saw 2 good setups there ...

I want to thank everyone for there help yesterday. I have definately got my head round the Rainbow concept a bit more than I did before because of this...

Will see how the next two days pan out... and next week as well...


Thank you again everyone for all your help


Magnus
That is nice...

But why in the world would you change a good working methology??? (Cause as I said your method seems to make lots of $$$ if you would stay to it)
  • #2,563
  • Oct 18, 2007 2:30am Oct 18, 2007 2:30am
Hello ,

LT said about flames yesterday.He told us to follow the flames for some days.
I see a lot of flames and spikes.

Is this normal after great falls?

Shall we trade the spikes?

I have trade it some in the opposite direction and they are profitable,although risky.

Ideas ?

Basil
Learn something difficult and earn real money for ever, a lot.
  • #2,564
  • Oct 18, 2007 2:39am Oct 18, 2007 2:39am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
That is nice...

But why in the world would you change a good working methology??? (Cause as I said your method seems to make lots of $$$ if you would stay to it)

I mentioned in a post, a few days ago, that exits were not too bad for me - entries were where I stumble (and usually fall)...

For example, I am managing to pick a number of entires that go immediately against me (almost to the pip)... I am still trying to distinguish between a good setup and, well, no setup at all...

Studying Alessandro's posts yesterday I realised I was definately doing something wrong, in terms of entry. And am still trying to figure out what constitutes a good setup/entry...

However, most of the replies I received yesterday were talking about getting 5-10 pips. Which did make sense, as this is scalping - quick in and out. As you could see, my exits were, once a trade was in profit, based on Pivots, Round Numbers, and recent Highs/Lows...

It's getting a trade that goes into profit that I am currently struggling with... obviously more screen time...


Magnus
  • #2,565
  • Oct 18, 2007 2:44am Oct 18, 2007 2:44am
How can you NOT make money on these setups

@yuppie k i didnt realize you still struggle with the entries.
Attached Image
  • #2,566
  • Oct 18, 2007 3:00am Oct 18, 2007 3:00am
Quoting Canyouseeme
Uuuuuh and here you can see some range breakout / Support break.
Canyouseeme, first screen shows how the price continued. Where was your entry and exit? You used to post screens with entries and exits. It was very useful.

It could be even worse fakeout, like on the second screen.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: fakeout2.png Size: 27 KB
Click to Enlarge Name: fakeout1.png Size: 22 KB
  • #2,567
  • Oct 18, 2007 3:00am Oct 18, 2007 3:00am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
How can you NOT make money on these setups

Even I managed to scrape +8 pips out of that one...

It slowed down and turned at around .65...

This was 4 pips from today's pivot [my interperetation of it] of .61...

So, I should have been out... hold on... here, I'll show you...


Magnus
Attached Image
  • #2,568
  • Oct 18, 2007 3:08am Oct 18, 2007 3:08am
Nice moves and setups here.

ez 50-100 pips today
Attached Image
  • #2,569
  • Oct 18, 2007 3:17am Oct 18, 2007 3:17am
Quoting Yuppie
Even I managed to scrape +8 pips out of that one...

It slowed down and turned at around .65...

This was 4 pips from today's pivot [my interperetation of it] of .61...

So, I should have been out... hold on... here, I'll show you...


Magnus
You spotted my exit point (and entry for the long trade)
  • #2,570
  • Oct 18, 2007 3:18am Oct 18, 2007 3:18am
Quoting atomz
Canyouseeme, first screen shows how the price continued. Where was your entry and exit? You used to post screens with entries and exits. It was very useful.

It could be even worse fakeout, like on the second screen.
There is no real range / support, just a support zone on your screen.

look at yuppies chart for my exit point, I got out as soon as the price went against me. And dont worry I will post the charts with entry and exit points again just wanted to show some nice high prob setups.

Besides I only traded in the first few screenshots. It's just way too hard to click on orders if you have some poker tables running on some other screens
  • #2,571
  • Oct 18, 2007 3:18am Oct 18, 2007 3:18am
4.30 am Newstime GBP

Do you still trade EUR/JPY or do will you wait?

System says:"stay out."
  • #2,572
  • Oct 18, 2007 3:20am Oct 18, 2007 3:20am
Italianfx type scalp
Attached Image (click to enlarge)
Click to Enlarge Name: italianfxscalp.png Size: 22 KB
  • #2,573
  • Oct 18, 2007 3:20am Oct 18, 2007 3:20am
Goodmorning Yuppie,

Take the yatagan setup and make it a big poster.
It will be your money making machine for the rest of your life.
After yatagan it forms to Saudi Arabia and you pump 10-15 barells of oil,eeEEEE PIMPS ,PIPS I wanted to say .LOL

Basil
Learn something difficult and earn real money for ever, a lot.
  • #2,574
  • Oct 18, 2007 3:22am Oct 18, 2007 3:22am
IMHO, you're being too rigid, it's OK to be aware of certain levels, but the
flame has the last word, if it goes against you or you don't feel well about the
trade... get out! PROTECT PROFITS!!!

And for heaven sake, don't try to predict or force price to go your way (pivot
points). The market has his own mind.

This thread is named "Linuxtroll Simple Scalping" not "Linuxtroll Trend
Following". A 20 or 40 pip move is more than welcomed, but be aware of reversals
before all your profit turns into thin air really fast.

Hope this helps!

Quoting Yuppie
Even I managed to scrape +8 pips out of that one...

It slowed down and turned at around .65...

This was 4 pips from today's pivot [my interperetation of it] of .61...

So, I should have been out... hold on... here, I'll show you...


Magnus
  • #2,575
  • Oct 18, 2007 3:22am Oct 18, 2007 3:22am
Can someone attach the rainbow indicator in this thread? I couldn't find the indicator in this thread, where did u guys get it? Thanks.
  • #2,576
  • Oct 18, 2007 3:26am Oct 18, 2007 3:26am
Quoting mazzhats
4.30 am Newstime GBP

Do you still trade EUR/JPY or do will you wait?

System says:"stay out."
News time? nice :-) best time to trade as long as you watch the spread
  • #2,577
  • Oct 18, 2007 3:27am Oct 18, 2007 3:27am
Have you gone, at least, through the first pages of this thread? Everything you need is on the first pages.

Quoting maxcruiver
Can someone attach the rainbow indicator in this thread? I couldn't find the indicator in this thread, where did u guys get it? Thanks.
  • #2,578
  • Oct 18, 2007 3:29am Oct 18, 2007 3:29am
Quoting atomz
Italianfx type scalp

got it 2. nice one... and some more. lucky....

[img=http://img340.imageshack.us/img340/8121/unbenanntiy8.th.jpg]
  • #2,579
  • Oct 18, 2007 3:46am Oct 18, 2007 3:46am
http://img525.imageshack.us/img525/9...anntxq8.th.jpg

Nice setup, but now we all know, this signal was wrong. shit happens. :

during this post - 5 PIPS stop loss.
  • #2,580
  • Oct 18, 2007 3:49am Oct 18, 2007 3:49am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
How can you NOT make money on these setups

@yuppie k i didnt realize you still struggle with the entries.

That's ok CYSM. I'm getting some excellent help from all on this thread...


Magnus
3 traders viewing now