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Pro-Scalpers?

  • #1
  • First Post: Dec 4, 2008 10:23am Dec 4, 2008 10:23am
Idealy Im looking for some 'Full time Job Put food on the table scalpers' to stick their hands up in this thread. There seem to be very few and alot of people that say its damn near impossible.

Ive been practicing on the 1tick charts for 6months+, and today when trying to make some mechanical rules I had a mini breakthrough, Dont you just love it when that happens?

Anyway's, I was also wondering if anyone has herd of a charting package(free or paid) that offers Fractions of a second, yes I know what your all thinking, lol.

More than anything else, the reason this would be a benefit is to be able to propperly visualise momentum when scalping, even on the second chart it wouldnt quite be enough for what I want to do.

Any and all help welcome. Aslong as your not here to tell me im stupid.

Leon
Living the adventure in my head.
  • #2
  • Dec 4, 2008 10:35am Dec 4, 2008 10:35am
Quoting Leonlorenzo
Idealy Im looking for some 'Full time Job Put food on the table scalpers' to stick their hands up in this thread. There seem to be very few and alot of people that say its damn near impossible.

Ive been practicing on the 1tick charts for 6months+, and today when trying to make some mechanical rules I had a mini breakthrough, Dont you just love it when that happens?

Anyway's, I was also wondering if anyone has herd of a charting package(free or paid) that offers Fractions of a second, yes I know what your all thinking, lol.

More than anything...
Leon,

If you're serious about scalping, you need TT X-Trader (MD-Trader) plus CQG charting.

Checkout TT's website and have a look at the flash presentation.

www.tradingtechnologies.com

regards
daytrading
Enter Signature
  • #3
  • Dec 4, 2008 10:39am Dec 4, 2008 10:39am
OK,
[email protected]

Quoting Leonlorenzo
Idealy Im looking for some 'Full time Job Put food on the table scalpers' to stick their hands up in this thread. There seem to be very few and alot of people that say its damn near impossible.

Ive been practicing on the 1tick charts for 6months+, and today when trying to make some mechanical rules I had a mini breakthrough, Dont you just love it when that happens?

Anyway's, I was also wondering if anyone has herd of a charting package(free or paid) that offers Fractions of a second, yes I know what your all thinking, lol.

More than anything...
  • #4
  • Dec 4, 2008 6:57pm Dec 4, 2008 6:57pm
free ninja has x ticks (free fx data flow from Gain) - depending on how many ticks come in per second gives you sub-second charts. Good luck, I haven't found much use for anything below 10-seconds, it just looks like a straight line. Ken.
  • #5
  • Dec 4, 2008 7:25pm Dec 4, 2008 7:25pm
Hello,go to trading systems, click on "powerful 1 min scalping system" and enjoy making plenty of pips "CONSISTANTLY" cheers!!!!!!!!!
  • #6
  • Dec 4, 2008 7:25pm Dec 4, 2008 7:25pm
Quoting Leonlorenzo
Idealy Im looking for some 'Full time Job Put food on the table scalpers' to stick their hands up in this thread. There seem to be very few and alot of people that say its damn near impossible.

Ive been practicing on the 1tick charts for 6months+, and today when trying to make some mechanical rules I had a mini breakthrough, Dont you just love it when that happens?

Anyway's, I was also wondering if anyone has herd of a charting package(free or paid) that offers Fractions of a second, yes I know what your all thinking, lol.

More than anything...
ensignsoftware.com for about $50/month with FXCM free feed tick, volume, range BARS...
  • #7
  • Dec 4, 2008 7:47pm Dec 4, 2008 7:47pm
I've been trying to scalp on 1M TF, I've been able to grab some pips, however I am struggling with the spreads, it seems to be a bad business.
  • #8
  • Dec 4, 2008 8:03pm Dec 4, 2008 8:03pm
Quoting Hdsn
I've been trying to scalp on 1M TF, I've been able to grab some pips, however I am struggling with the spreads, it seems to be a bad business.
try with a good broker, and EU UY pairs, with no more then 2-4pips for a start..

also have to mention: trading time:

Frankfurt Open
London Open
Nort Amrican market Open (canada)
NY open
NYSE open
2PM EAST (after luch break time)
NYSE close
  • #9
  • Dec 5, 2008 6:29pm Dec 5, 2008 6:29pm
Quoting Piters
try with a good broker, and EU UY pairs, with no more then 2-4pips for a start..

also have to mention: trading time:

Frankfurt Open
London Open
Nort Amrican market Open (canada)
NY open
NYSE open
2PM EAST (after luch break time)
NYSE close
Thanks for your reply, nice information and advice. I actually switched to a Tradeview and it has happened to have low spreads. So far I've been doing great with my scalping strategy, I guess my previous broker was the problem, anyways I will follow up your advices about trading time. Thanks.
  • #10
  • Dec 5, 2008 6:48pm Dec 5, 2008 6:48pm
You also need to keep this in mind:

-During non-standard trading hours (such as the weekend), spreads are widened to reflect illiquidity in the market.

-During periods of high volatility (such as news events), spreads can be temporarily widened to reflect liquidity issues in the market.
  • #11
  • Dec 5, 2008 11:20pm Dec 5, 2008 11:20pm
i just recently went fulltime pro trading.... since september.. and i cant' say i'm much more than a scalper.... using ichi... works well... my platform is gft.. but could pay lower spreads with fxcm...
DireXiv Make it happen, no one else is going to do it for you...
  • #12
  • Dec 6, 2008 7:42am Dec 6, 2008 7:42am
Leon, What happened? lol, I thought you were using NT? Right click on your chart and to go properties set the display update interval to 0 you will get data as it comes in, if you don't think so then get a FREE Zen Fire connection from Mirus Futures and open up some of the futures feeds and watch how fast some of those suckers move.

Also I know the data comes in on fractions of a second because I wrote a volatility indicator (I'm sure you have seen it) and used it on EU for the GAIN feed, it's fast setting was anything under 2 seconds however I tried it on a different feed (and on some futures instruments) and had to set the fast setting to 1/10th of a second Anyway NT will do what you are looking for.
  • #13
  • Dec 6, 2008 7:52am Dec 6, 2008 7:52am
Oh and my volatility indicator will do what u are looking for just adjust settings to suit your needs
  • #14
  • Dec 26, 2008 11:30pm Dec 26, 2008 11:30pm
Quoting fxRichard
Oh and my volatility indicator will do what u are looking for just adjust settings to suit your needs
Do tell
  • #15
  • Last Post: Apr 22, 2016 11:03pm Apr 22, 2016 11:03pm
Quoting Leonlorenzo
Idealy Im looking for some 'Full time Job Put food on the table scalpers' to stick their hands up in this thread. There seem to be very few and alot of people that say its damn near impossible. Ive been practicing on the 1tick charts for 6months+, and today when trying to make some mechanical rules I had a mini breakthrough, Dont you just love it when that happens? Anyway's, I was also wondering if anyone has herd of a charting package(free or paid) that offers Fractions of a second, yes I know what your all thinking, lol. More than anything else,...


I would think Ninja Trader is really good for what you are looking to do Leonlorenzo.

Good luck mate....

by the way, you are welcome to join the thread , were we post our scalp trades for the day: http://www.forexfactory.com/showthread.php?p=8888969
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