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Microtrading the 1 minute chart

  • #121
  • Jan 11, 2007 7:33am Jan 11, 2007 7:33am
Nice!!! Again the 5min RSI didn't go into bull territory until about an hour into the session. Sooo, logic tells me to set the alarm clock just a little later....

I think he'd agree...
Attached Image
  • #122
  • Jan 12, 2007 7:59am Jan 12, 2007 7:59am
I've been stealing pips here and there but the caveat is catching up with me...waking up for the London open, back to sleep, waking up again for work = 'tired' in the late am or early pm at work. I may increase my pip value (really hesitant to do that) and try to put together some kind of audible alert to wake me up during a certain time if and only if certain conditions are met. I'll see how this progresses into next week.
  • #123
  • Jan 13, 2007 7:57pm Jan 13, 2007 7:57pm
I did not hear any one mention slippage to get these few precious pips.
Also, i thought Fx brokers did not like scalpers ( though i dono why they would not as long as the spread is made by them )...


I hate saturdays, I'd rather spend my money on this than wasting it on booz.
Pipology 101 student
Pipology 101 student
  • #124
  • Jan 16, 2007 2:25am Jan 16, 2007 2:25am
No slippage or 'complaints' from FXDD...yet
  • #125
  • Jan 16, 2007 4:20pm Jan 16, 2007 4:20pm
Well, it was fun while it lasted...The London session caught up with me as I knew it eventually would just about every day around noon. So, I'm going to look into this method on a longer timeframe and see how things work out. In the meantime, back to the set it and forget it trades....
  • #126
  • Jan 22, 2007 12:54am Jan 22, 2007 12:54am
Quoting C.E.O.
Put a 5,15,50 Hull MA on a 5m. Trade with the 50 direction. when they all turn-GO. Get out on the 5 or 15 change depending on your risk or priceaction.

xpMA attached
MA_Period 5, 15, 50
MA_Type 8
Set stepback to 1

Everything else default.
This isnt my idea, and i am in the process of testing refinements. The original had a 60 and 80 in place of the 50 but I found they were just a tad lagging.

And Linux. Have you tried a Hull rainbow??? Been playin with that also.
Yes CEO... but I settled with WMAs... on tick charts...
  • #127
  • Jan 22, 2007 12:59am Jan 22, 2007 12:59am
Quoting pipology-101
I hate saturdays, I'd rather spend my money on this than wasting it on booz.
Isn't it weird how that happens? Most people daydream about the weekend and are sad to see it end. Traders loath the borring ass weekend and can't wait for sunday night/monday morning. I guess thats what it means to truly love what you do.
  • #128
  • Jan 22, 2007 2:51am Jan 22, 2007 2:51am
Quoting Darkstar
...Traders loath the borring ass weekend and can't wait for sunday night/monday morning. I guess thats what it means to truly love what you do.
Yup, my coworkers at my job think i'm nuts. I was in management and stepped down to part time and asked only to be scheduled from 4-9pm (pacific time - during the Asian session) so i could get serious about trading the London Open. I could have had any shift and i picked the one nobody likes and the one we schedule the newhires. Hehe. Little do they know i'm quickly "working" my way out of a job. And the weekends? For me i asked for my days off mid week so i could tear up the charts and do homework.

: ) Thom
  • #129
  • Jan 22, 2007 9:32am Jan 22, 2007 9:32am
accrete:

I hope that works out for you...make it happen!
  • #130
  • Jan 22, 2007 9:50am Jan 22, 2007 9:50am
Quoting Palmer
accrete:

I hope that works out for you...make it happen!
Thx Palmer. Sorry to hear the L.O. wasn't working out for your work schedule. I know that before what i did w/my long time employer (stepping down to part time) i had tried it during the July of 05 and i was a basket case mentaly and physicaly by the time my "trial period" was over. So it was back to getting up at 4am and preparing for the NY open at 5am (Pacific). Even with my sweet schedule i need to watch myself as last Friday's shift (my "Monday" at the 4-9 thigny) i caught myself not putting words/sentences together properly due to having a bit to much enthusiasm watching the charts. Have i said i love this "job"?

Best wishes Palmer, get your groove back!
Thom
  • #131
  • Jan 22, 2007 11:46am Jan 22, 2007 11:46am
That's the main reason I started looking at the MACD histogram thing on the daily close. We'll see what happens with that one.
  • #132
  • Jan 23, 2007 10:27am Jan 23, 2007 10:27am
Quoting linuxtroll
Yes CEO... but I settled with WMAs... on tick charts...
Linuxtroll,
I thought you use primarily EMA's.
Just1pip
  • #133
  • Feb 23, 2007 11:33am Feb 23, 2007 11:33am
Quoting Darkstar
Isn't it weird how that happens? Most people daydream about the weekend and are sad to see it end. Traders loath the borring ass weekend and can't wait for sunday night/monday morning. I guess thats what it means to truly love what you do.
What a wonderful comment Darkstar. I totally agree!
  • #134
  • Apr 21, 2007 11:41am Apr 21, 2007 11:41am
Have you guys moved to another thread with this?

I can't imagine that this method "stopped working?

Any updates, links or random thoughts?


FXS
  • #135
  • May 10, 2007 1:18pm May 10, 2007 1:18pm
For another way of trading the 1-min chart, I have devised a modification of the Guppy system:

http://www.forexfactory.com/showpost...34&postcount=3

Works only in active market times, but you can pull down some nice pippage with this. I use it all the time. Enjoy.
  • #136
  • May 10, 2007 2:27pm May 10, 2007 2:27pm
Quoting lever70
For another way of trading the 1-min chart, I have devised a modification of the Guppy system:

http://www.forexfactory.com/showpost...34&postcount=3

Works only in active market times, but you can pull down some nice pippage with this. I use it all the time. Enjoy.
Linuxtroll has some really wild MMA ribbons, and sometimes uses them to scalp on charts as low as 5 seconds.

Personally, I don't like having a ton of MAs on the chart because I like to look at the price bars. I dunno, I guess I can move the MMA ribbon under the bars.
  • #137
  • Jun 29, 2007 2:35pm Jun 29, 2007 2:35pm
Quoting lever70
For another way of trading the 1-min chart, I have devised a modification of the Guppy system:

http://www.forexfactory.com/showpost...34&postcount=3

Works only in active market times, but you can pull down some nice pippage with this. I use it all the time. Enjoy.
I like your template felicia...
I will try this. It seems very interesting. Thanks for your great contribution....

Regards

IIN
  • #138
  • Aug 6, 2007 7:01pm Aug 6, 2007 7:01pm
You guys are nuts lol
  • #139
  • Aug 7, 2007 10:43am Aug 7, 2007 10:43am
e/j chart attached and .tpl
Attached Image (click to enlarge)
Click to Enlarge Name: modified guppy on E-J.jpg Size: 28 KB
Attached File(s)
File Type: tpl guppy_2.tpl   124 KB | 442 downloads
  • #140
  • Aug 7, 2007 10:53am Aug 7, 2007 10:53am
Quoting fx_ninja
e/j chart attached and .tpl

How does he use it with the macd?
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