The high way of scalping

Welcome to this journal & though I open it to have some records my trades to improve the fast scalping again ,not commonly practised about a year.
Never to fear anything except the rules of this forum, you are free to post here & help improve yourself & all of us in scalping .

Strategy : not established to follow, do any you like to & welcome to post to help others trying to post with your style of trading if possible or wants to.The last trades were taken using naked line chart testing to trade from it without any indicators inspired by one of my favourite trader shakesfx ,all taking /closing manually but set EA ( swiss_army_ea > one may find it here ) just to controll if busy otherwise.Only when get time trade , no time no trade .

Lots : any
pairs: any
Money management : One should to take risk to earn any but once you retain the original you can take more risk from your profits.More profit to take more risks but not over 20% at the initial stage before good profit in hand.use stop loss, take profit and or trailling stop.
Though in the trades of last 2 days you may not see them used on regular basis but there were EA controlling & me watching frequently .

Last 2 day's trade shows out of 190 open lost 27 , total profit 15971.58

--------------------------------------------------------
Seems great ? not soo yet untill we get any good way to scalp very sucessfully.
There were floating p/L of -7000 for 7 trades went against me while my platform continue to text context busy & the EA set to manage trades did not worked & fail to watch them on friday .ultimatety kept them without sl to see first 2 days & then close whatsover.

Yes , it is on demo testing right now & though I have live accounts to trade.

My style of trading not differ in demo & live , never took them serious if profit or loss.

fontu

Last 2 days trading :

http://www.gogetin.info/account.htm

The fate of 7 loosing orders are 3 in profit TP set to minimum overnight , 1 tp but at loss as I by mistake in placing tp , others 3 though I did not closed or wanted to but the EA accidentally closed .

Morning , just open the computer & place one buy order in eurjpy at 115.31 & already in positive side confirmed 1 pip with EA & let it run
By line chart with other holo bar chart MTF :
Closed by ea profit 246 ( 1 lot size ) in 11 minutes total


Place buy stop in usdchf at 1.1639 tp 1.1694 ,sl 1.1609
Sell stop usdchf at 1.1608 , tp 1.1533, sl 1.1631
by insider bar technique

Eurjpy sell at 114.87 underway with profit> closed 236 profit
buy same pair at 114.72 >closed prematurely ith profit only 11.

Not doing well with EA to manege mostly as little busy in the office , lot size reduced to only 0.2
sell eurjpy at 114.96 on the way to profit under EA controll , all orders are placed manually only.> closed with 6.75
another sell at 114.83 placed , 5minute candle down open ,1 minute line up & 1 hr candle up but price below midline to it right now .Should be very risky risky but lets see what happen sl 29. > yes lost here .

counter buy order placed with double lot at 115.02 in profit

sell 115.45 in ej underway with down 1 hr candle open, down 5 minute candle & 1 min line ( which is more important than 5m,1h candle tells) seems breaking down too . lets see
close by EA managing with very minimum profit

Next 15 m of the hr started also down so a sell order placed big lot at 115.38 in ej

Due to workload I did not post my trades but worked when got time & with big lots & many times without sl .The last account balance with 150000.00$ though equity was much down that is 50000$ profit in 4 days with scalping with some risk.

This happened to me , suddenly I see my ac balance jumps to 700000.000+ $ ????? with few trades were on showing many K profit but can't close them "off qiotes " and after few seconds jump again & again & ultimately stop out due to few trades having no tp or sl at that time .

I did never see such malfunction before & fortunately my live account have no trades open.Is anything happen to you ever?
anyway starting again in demo for scalping practice.

fontu

Before new start tommorow just planning roughly the way of scalping using line chart in M1 with mtf support-resistant .
doing some test trades only within great suppost-resistant level though one can see in the line chart itself but yet to practice indicators are in great help initially .
Now in eurusd pair we see there is clearly an uptrend in m1 having lots of supports lines and also lots resistant above too ,so breaking it should take time & before the break price will move up down many times.
fontu

Just start with support-resistant as only indicator & while playing lots 2.8% balance that is balance now 97,200$ .
Plan : Will play very conservative with 1 lot or less sizes in eurusd pair today only & target will be 10% growth or max. loss of 10% .

max.bouces prices chances from max. support areas &resistant areas as seen rectangles drawn manually & sl should be beyound those areas .

Price pierced successfully those great supports & tries to break through the strong resistant of H1 tf. right now it bounces again but may try again.

Not bad so far ,recovered loss during testing & have some profit taking some risk though.


10176661 2009.01.27 15:10 balance Deposit
10202791 2009.01.27 17:04 sell 1.00 eurusd 1.3149 1.3194 1.3066 2009.01.27 17:12 1.3139 100.00
10202822 2009.01.27 17:04 sell 1.00 eurusd 1.3147 1.3194 1.3066 2009.01.27 17:12 1.3138 90.00
10203452 2009.01.27 17:11 sell 1.00 usdjpy 88.66 0.00 0.00 2009.01.27 17:12 88.62 45.14
10203462 2009.01.27 17:11 sell 1.00 usdjpy 88.66 0.00 0.00 2009.01.27 17:12 88.63 33.85
10203469 2009.01.27 17:11 sell 1.00 usdjpy 88.63 0.00 0.00 2009.01.27 17:21 88.51 135.58
10203471 2009.01.27 17:11 sell 1.00 usdjpy 88.63 0.00 0.00 2009.01.27 17:21 88.52 124.27
10203533 2009.01.27 17:12 sell 1.00 eurjpy 116.31 0.00 115.84 2009.01.27 18:10 117.23 -1 034.64
10203544 2009.01.27 17:12 sell 1.00 eurjpy 116.36 0.00 115.64 2009.01.27 18:10 117.22 -967.27
10204575 2009.01.27 17:30 sell 1.00 usdchf 1.1406 1.1428 1.1363 2009.01.27 17:43 1.1396 87.75
10204589 2009.01.27 17:31 sell 1.00 eurusd 1.3138 1.3185 1.3094 2009.01.27 18:09 1.3185 -470.00
10204602 2009.01.27 17:31 sell 1.00 eurjpy 116.38 116.95 115.66 2009.01.27 17:55 116.95 -641.82
10206390 2009.01.27 18:55 sell 1.00 eurusd 1.3152 1.3168 1.3129 2009.01.27 19:10 1.3168 -160.00
10207635 2009.01.27 19:55 sell 1.00 eurusd 1.3180 1.3216 1.3155 2009.01.27 20:15 1.3172 80.00
10207678 2009.01.27 19:57 sell 1.00 eurusd 1.3184 1.3222 1.3156 2009.01.27 20:08 1.3156 280.00
10208049 2009.01.27 20:14 sell 1.00 eurusd 1.3169 1.3213 1.3157 2009.01.27 22:23 1.3213 -440.00
10208140 2009.01.27 20:17 sell 1.00 eurusd 1.3168 1.3208 1.3157 2009.01.27 22:23 1.3208 -400.00
10208217 2009.01.27 20:22 sell 1.00 eurusd 1.3170 1.3207 1.3158 2009.01.27 22:23 1.3207 -370.00
10208288 2009.01.27 20:25 buy 1.00 eurusd 1.3194 0.0000 0.0000 2009.01.27 20:26 1.3195 10.00
10208344 2009.01.27 20:27 sell 1.00 eurusd 1.3187 0.0000 1.3157 2009.01.27 20:30 1.3181 60.00
10208372 2009.01.27 20:27 sell 1.00 eurusd 1.3193 0.0000 1.3157 2009.01.27 20:30 1.3180 130.00
10208391 2009.01.27 20:28 sell 1.00 eurusd 1.3182 0.0000 1.3157 2009.01.27 20:39 1.3178 40.00
10208593 2009.01.27 20:41 buy 1.00 eurusd 1.3187 1.3143 1.3196 2009.01.27 22:22 1.3196 90.00
10208597 2009.01.27 20:41 buy 1.00 eurusd 1.3186 1.3149 1.3196 2009.01.27 22:22 1.3196 100.00

continue ...............

10218487 2009.01.28 06:38 buy 1.00 eurusd 1.3256 0.0000 1.3268 2009.01.28 07:00 1.3263 70.00
10218784 2009.01.28 06:50 buy 1.00 eurusd 1.3245 0.0000 1.3257 2009.01.28 06:59 1.3257 120.00
10219888 2009.01.28 07:33 sell 1.00 eurusd 1.3238 1.3250 0.0000 2009.01.28 07:51 1.3250 -120.00
10220139 2009.01.28 07:52 buy 1.00 eurusd 1.3259 0.0000 0.0000 2009.01.28 08:09 1.3260 10.00
10220172 2009.01.28 07:54 sell 1.00 eurusd 1.3255 0.0000 0.0000 2009.01.28 07:54 1.3250 50.00
10220203 2009.01.28 07:55 buy 1.00 eurusd 1.3256 0.0000 0.0000 2009.01.28 07:58 1.3258 20.00
10220242 2009.01.28 07:59 buy 1.00 eurusd 1.3253 0.0000 0.0000 2009.01.28 08:00 1.3255 20.00
10220298 2009.01.28 08:01 sell 1.00 eurusd 1.3252 0.0000 1.3238 2009.01.28 08:30 1.3248 40.00
10220350 2009.01.28 08:06 sell 1.00 eurusd 1.3258 0.0000 1.3218 2009.01.28 08:31 1.3249 90.00
10220774 2009.01.28 08:31 sell 1.00 eurusd 1.3244 0.0000 0.0000 2009.01.28 08:46 1.3239 50.00
10220804 2009.01.28 08:32 buy 1.00 eurusd 1.3255 0.0000 1.3279 2009.01.28 09:33 1.3241 -140.00
10221035 2009.01.28 08:46 buy 1.00 eurusd 1.3239 0.0000 0.0000 2009.01.28 09:07 1.3242 30.00
10221449 2009.01.28 09:08 buy 1.00 eurusd 1.3252 0.0000 0.0000 2009.01.28 09:09 1.3253 10.00
10221480 2009.01.28 09:09 sell 1.00 eurusd 1.3251 0.0000 0.0000 2009.01.28 09:10 1.3247 40.00
10221533 2009.01.28 09:12 sell 1.00 eurusd 1.3240 0.0000 0.0000 2009.01.28 09:12 1.3238 20.00
10221717 2009.01.28 09:17 sell 2.00 eurusd 1.3219 1.3268 1.3216 2009.01.28 11:38 1.3268 -980.00
10222409 2009.01.28 09:33 sell 2.00 eurusd 1.3241 0.0000 1.3236 2009.01.28 12:36 1.3236 100.00
10222517 2009.01.28 09:37 sell 2.00 eurusd 1.3240 0.0000 1.3236 2009.01.28 12:36 1.3236 80.00
10223265 2009.01.28 10:02 buy 8.00 eurusd 1.3286 0.0000 1.3296 2009.01.28 10:09 1.3296 800.00
10223320 2009.01.28 10:03 buy 8.00 eurusd 1.3296 0.0000 1.3299 2009.01.28 10:09 1.3299 240.00
10223542 2009.01.28 10:09 buy 8.00 eurusd 1.3304 0.0000 0.0000 2009.01.28 10:12 1.3312 640.00
10223739 2009.01.28 10:14 buy 8.00 eurusd 1.3310 1.3297 1.3346 2009.01.28 14:49 1.3297 -1 040.00
10223892 2009.01.28 10:17 sell 8.00 eurusd 1.3292 0.0000 1.3255 2009.01.28 10:19 1.3286 480.00
10223981 2009.01.28 10:19 sell 8.00 eurusd 1.3277 0.0000 1.3253 2009.01.28 11:14 1.3272 400.00
10224151 2009.01.28 10:24 buy 8.00 eurusd 1.3284 0.0000 0.0000 2009.01.28 10:27 1.3299 1 200.00
10228651 2009.01.28 13:15 buy 8.00 eurusd 1.3241 1.3244 1.3297 2009.01.28 14:34 1.3275 2 720.00
10230501 2009.01.28 14:32 buy 8.00 eurusd 1.3279 0.0000 0.0000 2009.01.28 14:36 1.3290 880.00
10231468 2009.01.28 14:58 sell 8.00 eurusd 1.3285 0.0000 0.0000 2009.01.28 15:00 1.3280 400.00
10231488 2009.01.28 14:59 sell 8.00 eurusd 1.3286 0.0000 0.0000 2009.01.28 15:00 1.3280 480.00
10231578 2009.01.28 15:00 sell 8.00 eurusd 1.3274 0.0000 1.3256 2009.01.28 15:13 1.3264 800.00
10231707 2009.01.28 15:03 sell 8.00 eurusd 1.3274 0.0000 1.3257 2009.01.28 15:13 1.3263 880.00
5 312.86
Closed P/L: 5 312.86


No trade open this time .

I will test scalping price action in chart with SR with confirmation of the strength by QQE next ( one can find it in this forum ) .

10233103 2009.01.28 15:52 buy 8.00 eurusd 1.3286 0.0000 1.3302 2009.01.28 16:03 1.3295 0.00 0.00 0.00 720.00
10234033 2009.01.28 16:12 sell 8.00 eurusd 1.3293 0.0000 0.0000 2009.01.28 16:13 1.3289 0.00 0.00 0.00 320.00

2 more cashed , no trade open now .

Today is very good day for scalping as the prices are range bound , no worry nothing

More trades closed ,only 4 open now.should be carefull before fed rate cut soon.

10234382 2009.01.28 16:17 sell 8.00 eurusd 1.3271 0.0000 1.3267 2009.01.28 16:45 1.3267 0.00 0.00 0.00 320.00
10234998 2009.01.28 16:28 buy 8.00 eurusd 1.3281 0.0000 1.3294 2009.01.28 16:34 1.3294 0.00 0.00 0.00 1 040.00
10235292 2009.01.28 16:39 sell 1.00 eurusd 1.3281 0.0000 1.3267 2009.01.28 16:45 1.3267 0.00 0.00 0.00 140.00
10235310 2009.01.28 16:40 sell 1.00 eurusd 1.3280 0.0000 1.3256 2009.01.28 16:46 1.3272 0.00 0.00 0.00 80.00
10236043 2009.01.28 17:00 sell 8.00 eurusd 1.3245 0.0000 1.3211 2009.01.28 17:04 1.3238 0.00 0.00 0.00 560.00
10237172 2009.01.28 17:37 buy 8.00 eurusd 1.3240 0.0000 1.3297 2009.01.28 18:02 1.3249 0.00 0.00 0.00 720.00
10237538 2009.01.28 17:48 buy 8.00 eurusd 1.3232 0.0000 1.3262 2009.01.28 18:01 1.3245 0.00 0.00 0.00 1 040.00
10238454 2009.01.28 18:13 sell 8.00 eurusd 1.3246 0.0000 1.3217 2009.01.28 18:31 1.3226 0.00 0.00 0.00 1 600.00
10238659 2009.01.28 18:22 sell 1.00 eurusd 1.3248 0.0000 0.0000 2009.01.28 18:32 1.3222 0.00 0.00 0.00 260.00
10239706 2009.01.28 19:01 buy 1.00 eurusd 1.3265 0.0000 1.3287 2009.01.28 19:46 1.3272 0.00 0.00 0.00 70.00
10240339 2009.01.28 19:41 sell 1.00 eurusd 1.3255 0.0000 1.3222 2009.01.28 20:10 1.3240 0.00 0.00 0.00 150.00
10240342 2009.01.28 19:41 sell 1.00 eurusd 1.3256 0.0000 1.3223 2009.01.28 20:10 1.3240 0.00 0.00 0.00 160.00
10240343 2009.01.28 19:41 sell 8.00 eurusd 1.3256 0.0000 0.0000 2009.01.28 20:10 1.3240 0.00 0.00 0.00 1 280.00
10241153 2009.01.28 20:26 buy 8.00 eurusd 1.3241 0.0000 1.3295 2009.01.28 20:57 1.3246 0.00 0.00 0.00 400.00
0.00 0.00 0.00 14 172.86
Closed P/L: 14 172.86

Did not trade in this account & started again today having over 9k profit & now 13k.
Now placed buy order in eurusd ( doing only this pair now ) at 1.2942 with sl 1.2914 tp 1.30 as in most tfs the price already broken upside & big US news ahead ,likely bad.

fontu

It was very likely to stop out due to small sl & lost another buy placed immediately & closed with profit .

Equity over 20K profit right now ,4 bad trades open to delet before closing computer now.
Good scalping environment today perhaps.Hope will give live scalping test next week.

fontu

10395117 2009.02.03 19:51 buy 8.00 eurusd 1.2963 0.0000 1.2986 2009.02.03 21:11 1.2986 0.00 0.00 0.00 1 840.00
10395973 2009.02.03 20:19 buy 8.00 eurusd 1.2962 0.0000 1.2985 2009.02.03 21:11 1.2985 0.00 0.00 0.00 1 840.00
10396005 2009.02.03 20:21 sell 8.00 eurusd 1.2955 0.0000 1.2933 2009.02.03 20:31 1.2942 0.00 0.00 0.00 1 040.00
10396322 2009.02.03 20:41 buy 8.00 eurusd 1.2955 0.0000 1.2962 2009.02.03 20:45 1.2962 0.00 0.00 0.00 560.00
10396602 2009.02.03 20:53 sell 8.00 eurusd 1.2946 1.2970 1.2940 2009.02.03 21:06 1.2970 0.00 0.00 0.00 -1 920.00
10410072 2009.02.04 06:53 buy 8.00 eurusd 1.3011 0.0000 0.0000 2009.02.04 06:56 1.3012 0.00 0.00 0.00 80.00
0.00 0.00 0.00 21 710.00
Closed P/L: 21 710.00

The last 4 bad trades 2 in each opposite direction in eu not deleted last night but as the overall trend is UP placed another long to take advantage over any break of the current balance.2 longs were with tp only at higher level of sl of the sell.
One sell order set sl and another no sl but very few pips tp >sl was hit & lost but the other in profit . sometimes placing sl also cause many losses but protective if any big move against it.

fontu

A short placed at 1.3019 , tp 13003 but good chance to fall to 1.2993 or even the daily pivot 1.2966 ,sl 1.3057.
update:
This trade virtually touch sl but not the sl removed and counter 1 long was placed to have some profit & 2 short placed to maximise the profit too.
so far not to take any loss.

Whenever QQe cross 50 level there are maximum probabilities of some movements, now it cross only in m1 down but in h4 & m15 crossed up & so short move very limited /transient & my shorts are at risk now still keep them on as it will need some good retracement before go up if.Yes they worked by this time I write .positive & more shorts follow.

Not doing any great & not trading actively too. Today did some while testing volume trading .The equity now grows to 152k from 128K today & as the fund will be collected nextday I will record trades from one live account.
fontu