Linuxtroll Simple Scalping | Page 171 | 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

  • #3,401
  • Nov 9, 2007 5:05am Nov 9, 2007 5:05am
Linuxtroll now I'm really scared! I saw a negative spreed of 30 pips so I entered long at ,35 and it was accepted, I tried to sell at market and I was 30 pips positive but they did not accepted my market order, It was pending for 1 min so I cancelled it and put another sell order at market and I got filled 2 minute later at ,38 for 3 pips profit.

from +30 to +3 hopefully I tried this craziness with 1 micro

this is not the first time, last week I was +5 and they closed my position after 4 minutes for -1

when the price move so fast I don't have the confidence to put a trade on , they scare me with all this slippage!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5 sec 10-1130.png Size: 51 KB
Click to Enlarge Name: orderbook.png Size: 8 KB
  • #3,402
  • Nov 9, 2007 5:24am Nov 9, 2007 5:24am
Partial exits keep the door open for the occasional home run...
(E/J 5s)
Attached Image
  • #3,403
  • Nov 9, 2007 5:27am Nov 9, 2007 5:27am
Quoting italianfx
Linuxtroll now I'm really scared! I saw a negative spreed of 30 pips so I entered long at ,35 and it was accepted, I tried to sell at market and I was 30 pips positive but they did not accepted my market order, It was pending for 1 min so I cancelled it and put another sell order at market and I got filled 2 minute later at ,38 for 3 pips profit.

from +30 to +3 hopefully I tried this craziness with 1 micro

this is not the first time, last week I was +5 and they closed my position after 4 minutes for -1

when the price move so fast I don't have the confidence to put a trade on , they scare me with all this slippage!

Thats why you get rid of FX and go to a liquid Index futures Contract with minimal slippage and no games by Market makers.

cheers ..ECO
Enter Signature
  • #3,404
  • Nov 9, 2007 5:39am Nov 9, 2007 5:39am
Crazy E/J... I don't know what happened..

It had negative spread by 30 pips for 5-10 minutes..
Attached Image
I used to be schizophrenic, but now we are sane.
  • #3,405
  • Nov 9, 2007 5:55am Nov 9, 2007 5:55am
The USD/JPY had a lot of movement today. Rainbow works just takes screen time as linuxtroll said. Thanks once again. Me = Noob at work
  • #3,406
  • Nov 9, 2007 5:57am Nov 9, 2007 5:57am
How long this happends with the spread???

My fault, 5-10 minutes :-D

Then we should stay away from there...
  • #3,407
  • Nov 9, 2007 6:21am Nov 9, 2007 6:21am
Wow, get very bad fillings about EFX today if order is above 10 lots(DEMO)... i had thought demo filling is better then live... what if this was live???

Not every day so bad...

Anyone other have the same problem with fillings?!?
  • #3,408
  • Nov 9, 2007 6:22am Nov 9, 2007 6:22am
I have been selling and buying at the same time during that negative spread period.. i was breakeven though because of huge delay 30-60 sec
I used to be schizophrenic, but now we are sane.
  • #3,409
  • Nov 9, 2007 6:49am Nov 9, 2007 6:49am
Quoting charlinks
OK... So do you buy or sell here?

Can you explain?
You tell me... and I will tell you whether you are on the right track...
  • #3,410
  • Nov 9, 2007 6:51am Nov 9, 2007 6:51am
Quoting Iqtrading
Hey Guys last N8 the rainbow has enlighten me!

http://www.alex-energies.org/images/erleuchtet.jpg


it's wonderful feeling to ride on him...

then was taking a pot of coffee, instead Gold and another great options were there... thats living, now going swimming...
Wonderful... Swimming... Surfing...
  • #3,411
  • Nov 9, 2007 6:58am Nov 9, 2007 6:58am
Quoting linuxtroll
Wonderful... Swimming... Surfing...
...

http://www.artsology.com/gfx/motion_...golf_swing.jpg
"didn't get the picture here inside" :-(
  • #3,412
  • Nov 9, 2007 6:58am Nov 9, 2007 6:58am
Quoting italianfx
Linuxtroll now I'm really scared! I saw a negative spreed of 30 pips so I entered long at ,35 and it was accepted, I tried to sell at market and I was 30 pips positive but they did not accepted my market order, It was pending for 1 min so I cancelled it and put another sell order at market and I got filled 2 minute later at ,38 for 3 pips profit.

from +30 to +3 hopefully I tried this craziness with 1 micro

this is not the first time, last week I was +5 and they closed my position after 4 minutes for -1

when the price move so fast I don't have the confidence to put a trade on , they scare me with all this slippage!
Only way to avoid these manipulations - use your own software and feed and trade through their API (using FIX protocol)...
  • #3,413
  • Nov 9, 2007 7:00am Nov 9, 2007 7:00am
Quoting ECO
Thats why you get rid of FX and go to a liquid Index futures Contract with minimal slippage and no games by Market makers.

cheers ..ECO
Wrong... Get your own software... feed... and execute the trades through their API... Liquidity is the key...
  • #3,414
  • Nov 9, 2007 7:03am Nov 9, 2007 7:03am
how to apply FIX, and if u think it is to be able to make a 5 sec chart with tickdata from MBT, i had think about a price ladder and tickchart... but unfortunately i have no skills in programming, so have to search me a cheap programmer on university, but first want to know if this things is able to make with the feed from mbt...
  • #3,415
  • Nov 9, 2007 7:10am Nov 9, 2007 7:10am
Quoting MichaelFX
Read the thread, the e-book isn't as helpful as the thread. Even reading the entire thread shouldn't take you more than a half a day. Make sure you bring a notebook and write down posts you liked, had questions about or showed good trade setups.
LoL... You did not get it... Read the tips and guidance from the e-book - and use the screen time - that's the key... NB! Screen time does not mean, sit in the forum and watch other's setup and do research on idea entry/exit...

just jump in and out and take trades... that's how you shorten the learning curve - not by bring your notebook and take notes and do research... goal is to make money - not doing research or search for the holy grail and looking for that pot of gold...

Keep It Simple and Smart - that's where the e-book helps...

I have given you a Mercedes Benz (Cyrox Rainbow) and a method to drive (LTSS)... Now it is up to you to change the color, wheel, performance tune and drive aggressively or smoothly... where to stop for that coffee etc... You will reach the destination (millions)...

Hope this helps...
  • #3,416
  • Nov 9, 2007 7:12am Nov 9, 2007 7:12am
Quoting linuxtroll
Only way to avoid these manipulations - use your own software and feed and trade through their API (using FIX protocol)...

is this what you are doing? you have your own software? Currenex is not good?
ok I know I must have $25000 to trade with Currenex or CAX ,but I don't have $25000 and I don't have money to make my own sofware, now I must just avoid fast moving market.
  • #3,417
  • Nov 9, 2007 7:14am Nov 9, 2007 7:14am
...
Attached Image (click to enlarge)
Click to Enlarge Name: 30sec.png Size: 32 KB
  • #3,418
  • Edited Nov 10, 2007 6:22am Nov 9, 2007 7:45am | Edited Nov 10, 2007 6:22am
Quoting Leonlorenzo

Also, Ive herd oandas position on scalping is that they alow it. Has anyone herd anything off them?
Im trading live but only small lots ATM, so i doubt they would bother sending me death threats yet.

Leon
I know someone who actually spoke with Richard Olsen, the president of OANDA, and received a clear and straight answer that OANDA does not mind scalpers at all. What OANDA does not like are news traders who try to profit from the news spikes in less than 30 seconds with large lots. That is why they started widening their spreads at news times since the summer of 2006. It is only to these news traders whom OANDA sends warnings, not to scalpers.
  • #3,419
  • Edited 8:17am Nov 9, 2007 7:50am | Edited 8:17am
I think Ive realised why I stopped keeping up with this thread 100 pages back......... I would ask a question and no'one would respond. Some things never change.

EDITED: Thanks for that pegasus3, lol. Seems you had just responded to my question as I was writing this post. Good to know, now the only question is whether or not oanda make it more difficult for scalpers through price manipulation.
From the picture I see so far oanda Is better to business with than a ECN such as EFX!
Spread plus commision adds up to roughly thesame as oanda's spread if not more, and it seems EFX have terrible slipage aswell sometimes!

Leon
Living the adventure in my head.
  • #3,420
  • Nov 9, 2007 8:11am Nov 9, 2007 8:11am
Quoting Leonlorenzo
whine whine whine whine........ whine whine.... whine...

Money for nothin' and pips for free!
1 trader viewing now