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Linuxtroll Simple Scalping

  • #3,141
  • Oct 31, 2007 4:32am Oct 31, 2007 4:32am
More pips everyday...
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  • #3,142
  • Oct 31, 2007 5:21am Oct 31, 2007 5:21am
Quoting edgardo310
after some undisciplied trades , 2 good ones
Increase the pip increment in your chart to 5 pips or 10 pips
2 pips is not recommended and will give you more false signal (correct me if i'm wrong).
Money for nothin' and pips for free!
  • #3,143
  • Oct 31, 2007 6:46am Oct 31, 2007 6:46am
Quoting dracozny
for those of you using ninja just for the charts i found an obvious solution and wow you kind of feel dumb afterwards.
for those of you using EFX for live trading you may or may not want to use this.

set up a new connection using Gain (forex.com) for user and password just leave it blank. you will be asked if you want to use ninja or gains feed, and right now I would recommend to use gains because ninjas feed is fed by gain anyways, so there may be a delay.

the positive of doing this is that gain will back fill up to 24 hours of data so your chart will not have holes in it if you get disconnected.

edit: forgot one thing
for your charts select currency not stock like you did with EFX and then enter the pair EURJPY notice i did not enter the "/"
That works rather well and on currency pairs with four decimal places too. But it doesn't show what I need. Haha.
  • #3,144
  • Oct 31, 2007 6:47am Oct 31, 2007 6:47am
Quoting FXSurfer
The Master of the 1 pip scalp!

these are not 1pip scalps, he showed his 2 weeks trades on one screen. you cant see exact entry and exit though
"Nothing is unexplainable, Everything is mystery" W. Liquorman
  • #3,145
  • Oct 31, 2007 7:07am Oct 31, 2007 7:07am
everybody waiting for news?

up or down?
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  • #3,146
  • Oct 31, 2007 7:25am Oct 31, 2007 7:25am
simple scalp
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  • #3,147
  • Oct 31, 2007 7:42am Oct 31, 2007 7:42am
Yep, indeed an easy one...
I could have gotten another few pips if I had a good fill in the down move that came afterwards!!!
I gave an order to sell short @ .44 and it got filled @ .37...
DAMN!
I should reconsider using limit orders in these types of votality
Money for nothin' and pips for free!
  • #3,148
  • Oct 31, 2007 9:25am Oct 31, 2007 9:25am
Quoting eyecelll
these are not 1pip scalps, he showed his 2 weeks trades on one screen. you cant see exact entry and exit though
Not paying attention!

Even better!
  • #3,149
  • Oct 31, 2007 1:32pm Oct 31, 2007 1:32pm
Did anybody catch that 50 pip drop with EUJ/JPY.

I got out a couple minutes before it droped!!!!!!! lol.

Maybe next time.

DeeNY
  • #3,150
  • Oct 31, 2007 1:45pm Oct 31, 2007 1:45pm
WOW EJ is going crazy today!!!!!!
  • #3,151
  • Oct 31, 2007 2:08pm Oct 31, 2007 2:08pm
The interest rate statement basically just came out from the Fed...
  • #3,152
  • Oct 31, 2007 2:10pm Oct 31, 2007 2:10pm
never have I had 2 things come together so well in on style of trading...
Profit and FUN.

Thanks Linuxtroll and all you rainbow traders!!
Today was a blast.
  • #3,153
  • Oct 31, 2007 2:26pm Oct 31, 2007 2:26pm
FOMC interest rate statement...Fed cut the rate by.50 instead of the expected .25. FOMC days are the craziest I have seen, even more so than NFP days!

Quoting DeeNY
WOW EJ is going crazy today!!!!!!
  • #3,154
  • Oct 31, 2007 2:40pm Oct 31, 2007 2:40pm
the FOMC cut the overnight rate by .25 the .50 cut was last time. Now it is at 4.50%
  • #3,155
  • Oct 31, 2007 3:02pm Oct 31, 2007 3:02pm
I did not trade the whole day. There where some good moves, but did not trade; Too much news for me.
  • #3,156
  • Oct 31, 2007 3:54pm Oct 31, 2007 3:54pm
Good call. Forex Factory had a .50 cut on their calendar right after the announcement. Fixed now...

Quoting FiboFan
the FOMC cut the overnight rate by .25 the .50 cut was last time. Now it is at 4.50%
  • #3,157
  • Oct 31, 2007 4:09pm Oct 31, 2007 4:09pm
I got up at 2 AM to start trading about 6 news releases today. After everything is said and done I proffited about 112 bucks. Then I check my comissions paid to the brocker, and it's about 113 bucks. I lost a buck.

Between news releases I practiced the rainbow and unfortunately I lost money there too. Never even made it to the pot at the end.

I guess it's more screen time for me.
  • #3,158
  • Oct 31, 2007 5:19pm Oct 31, 2007 5:19pm
Quoting justbully7
That works rather well and on currency pairs with four decimal places too. But it doesn't show what I need. Haha.
can you elaborate, what do you need??
  • #3,159
  • Oct 31, 2007 5:46pm Oct 31, 2007 5:46pm
Quoting dracozny
can you elaborate, what do you need??
my guess... the last 2 decimal places
  • #3,160
  • Oct 31, 2007 6:44pm Oct 31, 2007 6:44pm
Quoting ycomp
my guess... the last 2 decimal places
wish I could post a screenshot but I have all 4 decimal places on the chart.
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