Different opinions highly valued, ignorant to slander.
- #32,341
- Sep 19, 2008 11:18am Sep 19, 2008 11:18am
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
- #32,344
- Sep 19, 2008 11:27am Sep 19, 2008 11:27am
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Different opinions highly valued, ignorant to slander.
- #32,346
- Sep 19, 2008 11:37am Sep 19, 2008 11:37am
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
Yeah, I am watching that to. Any idea what caused it?
Maarten
Different opinions highly valued, ignorant to slander.
- #32,348
- Sep 19, 2008 11:42am Sep 19, 2008 11:42am
- Joined Aug 2008 | Status: Self-proclaimed psychologist | 3,179 Posts
I will continue to sell this move to wherever it wants to go.
Mike
Different opinions highly valued, ignorant to slander.
- #32,350
- Sep 19, 2008 11:57am Sep 19, 2008 11:57am
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
1 min/5 min chart. 5-8-13 ema.rsi 14.since 12:10 this am 593 pips give or take a few here or there!scalping is the only way @ $2 per pip!!!!
Almost 600 pips in one day, wow, but that’s absolutely possible in scalping in THESE DAYS. I made 420 yesterday, got tired and missed the north rally.
But it is to mention that these results we don't have every day !!!
We had jumps of hundreds of pips a day and a 100 pip move could mean 150 pips for a scalper.
Good work
- #32,351
- Sep 19, 2008 12:02pm Sep 19, 2008 12:02pm
if there is one thing this week taught me is bias changes from bearish to bullish daily...make sure you choose the right days
Almost all majors are doing this for a while.
Candles take a dive down south to make a round bottom, we start chanting bears bears.
Then few hours later, it travels north to complete the cup... Bull Bull.
It dives again to make the handle and then up to the rim of the cup....
- #32,352
- Sep 19, 2008 12:03pm Sep 19, 2008 12:03pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
if there is one thing this week taught me is bias changes from bearish to bullish daily...make sure you choose the right days
Keep on your excellent work.
I forgot to mention Algirdas as well, good job on that AUD call.
- #32,354
- Sep 19, 2008 12:06pm Sep 19, 2008 12:06pm
I have one screen with the same setup (5-8-13 EMA), it works for me as an indicator (entry and TP critics).
Almost 600 pips in one day, wow, but that’s absolutely possible in scalping in THESE DAYS. I made 420 yesterday, got tired and missed the north rally.
But it is to mention that these results we don't have every day !!!
We had jumps of hundreds of pips a day and a 100 pip move could mean 150 pips for a scalper.
Good work
- #32,355
- Sep 19, 2008 12:08pm Sep 19, 2008 12:08pm
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
I have one screen with the same setup (5-8-13 EMA), it works for me as an indicator (entry and TP critics).
Almost 600 pips in one day, wow, but that’s absolutely possible in scalping in THESE DAYS. I made 420 yesterday, got tired and missed the north rally.
But it is to mention that these results we don't have every day !!!
We had jumps of hundreds of pips a day and a 100 pip move could mean 150 pips for a scalper.
Good work
Are you trading on the 1 or 5min chart and do you apply the EMAs to the open, close or what. I would like to set a chart up and see how this works on my demo, not my live, unless the quick scalps work while I watch the grass grow at times. Thanks and congrats on your success.
- #32,356
- Sep 19, 2008 12:14pm Sep 19, 2008 12:14pm
pfew, I managed to save my account with this las move 
It was on 7% at a time, I was near a heart attack
Margin call is on 2%
tomorow I'm jumping to the pharmacy for some sedatives, and on mondey I will be rady!
Though that was my third day on real wit 5 months demo. I have never seen such move of 350-400 pips!!?? But it seems it happens
Time to mark this friday on the wall and relax with Spore for two days
Best of luck
It was on 7% at a time, I was near a heart attack
Margin call is on 2%tomorow I'm jumping to the pharmacy for some sedatives, and on mondey I will be rady!
Though that was my third day on real wit 5 months demo. I have never seen such move of 350-400 pips!!?? But it seems it happens
Time to mark this friday on the wall and relax with Spore for two days
Best of luck
- #32,358
- Sep 19, 2008 12:17pm Sep 19, 2008 12:17pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Hey Cobra from my readings and this post:
Are you trading on the 1 or 5min chart and do you apply the EMAs to the open, close or what. I would like to set a chart up and see how this works on my demo, not my live, unless the quick scalps work while I watch the grass grow at times. Thanks and congrats on your success.
To polonaise:
In quiet markets I don't use SL, in strong markets between 5 to 10 depending the situation. TP depend on moves, I split 2 lots, TP on one at feeling and let the other run till EMA cross.