DislikedHello Umairs,
Do you trade your scalping system on a live account and if you do what is your spread on the Gbp/Jpy ? Thanks ....T-WolfIgnored
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DislikedHello Umairs,
Do you trade your scalping system on a live account and if you do what is your spread on the Gbp/Jpy ? Thanks ....T-WolfIgnored
Dislikedthe 144 is a magical number for me... i've it in several other techniques and works well for me, psychological background...
if the RSI>144WMA and WMA pointing up = good for longs if both above 50 high probability setup, and viceversa...
I don't want to force anybody to change the method, but for me it seems look better, and anyway the KISS is nevertheless given...
And another thing, what somebody told me...
Don't waste too much time on thinking how some things work, get intuitive and trade what you see objective...
lets make some money, i think that is the point which we should marked RED out...Ignored
DislikedOK thx...
So,
if you get the long signal, but the RSI's below the 144WMA, you won't open the long trade?
BTW,
I will try to use this system for 5 min On the Yen pair(s)...
I hope This system can give more green pips
Wish me luck...
WisBizIgnored
DislikedIm not a scalper im a day trader with both mini and standard account but i have introduced my scalping method only maybe it helps some one but i did lot of small scalp trades with my mini account and with 5-mini lots means $5 per pip targeting 3/5 pips per scalp trade and im using fxcm with 7-pip spread on G/J But its a much volatile pair tht even on 1-mints it gives me 2/3 pips coz im not using any ECN....well u may find lot of chances in day to enter but it dosent means to enter on all signals coz my averge scalping trades per day is 4/5 sometimes 6/7 depending on market and best time to scalp is US Or 5-gmt....now see lot of valid signals of G/J one mints but i may enter in 1/2 but not in all...although signals are very goood too ...Ignored
DislikedOK thx...
So,
if you get the long signal, but the RSI's below the 144WMA, you won't open the long trade?
BTW,
I will try to use this system for 5 min On the Yen pair(s)...
I hope This system can give more green pips
Wish me luck...
WisBizIgnored
DislikedTo ALL
Thx for the advice...
I will learn this system,
and not to hurried to use this system with the real money...
Now, it's time to shoot out the Japanese,
http://kolobok.us/smiles/light_skin/hunter.gif
And learn/study from the result...
WisBiz
The FX noobsIgnored
DislikedSee G/J Screenshot in detail on 1-Mints chart as i have pointed all in detail before bouncing back to exit ...all u need is to be quick...Ignored
DislikedUmairs, with your latest screen shot on post #84 are those the pips you have gotten on each trade or are you shooting for 3-5 pips and getting out? It seems you have taken a trade on every cross of the rsi and ma. I also do not see any losing trades.Ignored
DislikedBoogieman I'm just a bit confused about the chart on post #85....
Seems that you are counting the pip moves from the start of each signal candle and not the close, the counting the close at the start of each close candle and not the end.
It makes a huge difference.
So, just correct me if I am wrong here. No attack on my part, just want to see where you are coming from.Ignored