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  • #241
  • Mar 17, 2008 10:06am Mar 17, 2008 10:06am
hi i have been scalping for many years and now trade my own money instead of working for others i scalp using 1m chart on yen pairs and can return around 10% on account using this system.

If any other scalpers here on yen pairs get in touch as i may have work for you.
  • #242
  • Mar 17, 2008 11:31am Mar 17, 2008 11:31am
Quoting yenthing
hi i have been scalping for many years and now trade my own money instead of working for others i scalp using 1m chart on yen pairs and can return around 10% on account using this system.

If any other scalpers here on yen pairs get in touch as i may have work for you.

You can turn 10,000$ into 94 million in 96 trading days?
Where do I sign? You can have 60%
  • #243
  • Mar 17, 2008 2:07pm Mar 17, 2008 2:07pm
I'm guessing that the majority of FX 'scalpers' use an ECN. Would I be right ? At any rate, I guess it is pretty imperative to have a DMA platform of some sort.
  • #244
  • Mar 24, 2008 1:02pm Mar 24, 2008 1:02pm
Well, i found this webiste will be very useful for your trades as a scalper because i have been trying the trading strategy to rake in profits on EURUSD, GPPUSD, GBPYJP.

Plot EMA 4, LWMA 10, LWMA 120, also LWMA 40 to 90.

Check this site for more info http://www.fxlebconcepts.com/forum/v...ic.php?f=5&t=5
  • #245
  • Mar 24, 2008 1:24pm Mar 24, 2008 1:24pm
yes... Scalping can be very dangerous if one doesn't know how to do it... I've been 1 year scalping small sizes learning.... and still learning but I'm starting to see the light... I do it in EURUSD, EURJPY and USDJPY
  • #246
  • Mar 25, 2008 10:11am Mar 25, 2008 10:11am
Quoting emda
yes... Scalping can be very dangerous if one doesn't know how to do it... I've been 1 year scalping small sizes learning.... and still learning but I'm starting to see the light... I do it in EURUSD, EURJPY and USDJPY
Is it ok to ask who you use for scalping emda ? I'm based in the UK but haven't started any scalping as yet.
  • #247
  • Mar 25, 2008 10:36am Mar 25, 2008 10:36am
Quoting PatrickP
Is it ok to ask who you use for scalping emda ? I'm based in the UK but haven't started any scalping as yet.
sorry.. I don't understand the question.. who ?
  • #248
  • Mar 26, 2008 3:18am Mar 26, 2008 3:18am
Sorry I was unclear. I was just wondering which broker or ecn you found to be the best fit for your scalping ....

Thanks !
  • #249
  • Mar 26, 2008 6:41am Mar 26, 2008 6:41am
ah... yes,... any ECN is good for scalping. And for brokers... I know oanda is good and they let you scalp. But there are times that there are problems with the connection to the server... And is better not to be in a scalp without stoploss then
  • #250
  • Mar 26, 2008 8:59pm Mar 26, 2008 8:59pm
Hello,

Can you share your system out?

Quoting yenthing
hi i have been scalping for many years and now trade my own money instead of working for others i scalp using 1m chart on yen pairs and can return around 10% on account using this system.

If any other scalpers here on yen pairs get in touch as i may have work for you.
  • #251
  • Mar 27, 2008 3:20am Mar 27, 2008 3:20am
Thanks emda. Yup, I need an ecn account.
  • #252
  • Apr 14, 2008 10:22am Apr 14, 2008 10:22am
Its been almost a month since the last post to the scalpers forum. Where's everyone. Linux Stroll, how are trades going? I think it would be nice to keep this thread alive by posting more trade examples. I have been scalp trading both on demo and live mini accounts. I like the fact that I have more control of the time I dedicate to trading and sleep better without any overnight positions to worry about. Great chess players tune their brains to recognise patterns and hence when their opponents are busy studying the chess board they know exactly what to do based on what they see on the board. This skill of course takes many years of practice. The moral of the story? Practice to recognise the entry and exit setups. The patterns will be stored in a vital memory section of your brain and you will no longer need to over analyse your trades. I have read and executed some of the advice on this thread and YES its possible. Over to you guys. I will post a trade soon as I learn how to attach images. Does anyone feel like a game of chess?
financial success is achievable
  • #253
  • Apr 14, 2008 11:32am Apr 14, 2008 11:32am
Quoting georgeo
Its been almost a month since the last post to the scalpers forum. Where's everyone.
http://www.cyrox.com/forum/index.php

Here's another place where scalpers
are scalping!


Brent
  • #254
  • Apr 15, 2008 8:59am Apr 15, 2008 8:59am
Like the chess analogy ... very nice. Good chess is indeed based around patterns, and not trying to forecast future moves too sequentially ...
  • #255
  • Apr 15, 2008 9:16am Apr 15, 2008 9:16am
In my opinion, scalping requires a few things, but first and foremost is the market has to move pretty good in order for the session to be productive, otherwise you will lose and your trades will be stopped out. I have started scalping about a month ago and have made some progress. It is amazing what gains this technique can bring.
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  • #256
  • Apr 15, 2008 9:34am Apr 15, 2008 9:34am
Can you share out your system?

Quoting Classic5000
In my opinion, scalping requires a few things, but first and foremost is the market has to move pretty good in order for the session to be productive, otherwise you will lose and your trades will be stopped out. I have started scalping about a month ago and have made some progress. It is amazing what gains this technique can bring.
  • #257
  • Apr 15, 2008 1:58pm Apr 15, 2008 1:58pm
I like to use the over all trend of the 4 hr. Trade the 1 hr 30 min or 15 min.
  • #258
  • Apr 15, 2008 3:21pm Apr 15, 2008 3:21pm
Here is an example of a trade executed today. I actually grabbed 24 pips. This was my only trade of the day. May post more tomorrow. Including failed breakouts.
Attached Image (click to enlarge)
Click to Enlarge Name: usdyen scalp.jpg Size: 100 KB
financial success is achievable
  • #259
  • Apr 16, 2008 3:40am Apr 16, 2008 3:40am
Thirteen moving averages on a single chart ... that's got to be some sort of record !
  • #260
  • Apr 16, 2008 4:48am Apr 16, 2008 4:48am
Below is another trade executed today. 40pips outcome. Compare status of the MACD in relation to entry point. 1.5850 had been a strong resistance point for this pair a break above it was most welcome. Fortunately this is what happened. I got out of the trade as soon as the MACD crossed again with a price close below EMA5. The rally continued and re-entry was again determined by the MACD.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd scalp.jpg Size: 110 KB
financial success is achievable
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