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  • #541
  • Feb 17, 2009 9:23am Feb 17, 2009 9:23am
Quoting Petefaders
short g/j 131.17

SL = 13
out + 15


Daily pips: -2
  • #542
  • Feb 17, 2009 9:30am Feb 17, 2009 9:30am
long e/u 1.2606

Sl = 14
  • #543
  • Feb 17, 2009 9:33am Feb 17, 2009 9:33am
Quoting Petefaders
long e/u 1.2606

Sl = 14
out + 7


daily pips: +5
Yay back in green, lol.
  • #544
  • Feb 17, 2009 9:35am Feb 17, 2009 9:35am
long e/u 1.2612

SL = 10
  • #545
  • Feb 17, 2009 9:39am Feb 17, 2009 9:39am
Quoting Petefaders
long e/u 1.2612

SL = 10
out -10


daily pips: -5
  • #546
  • Feb 17, 2009 9:41am Feb 17, 2009 9:41am
short 1.2589
  • #547
  • Feb 17, 2009 9:45am Feb 17, 2009 9:45am
Quoting Petefaders
short 1.2589
out +7, resistance.


daily pips: +2
  • #548
  • Feb 17, 2009 9:46am Feb 17, 2009 9:46am
short 1.2582
  • #549
  • Feb 17, 2009 9:53am Feb 17, 2009 9:53am
Hi volme here, but price is stuck..I just hope they're accumilating sells, lol.
  • #550
  • Feb 17, 2009 9:57am Feb 17, 2009 9:57am
Quoting Petefaders
short 1.2582
out +8, looking to re-enter on break down


daily pips: +10
  • #551
  • Feb 17, 2009 10:06am Feb 17, 2009 10:06am
Quoting Petefaders
looking to re-enter on break down
Short 1.2578
SL = 11
  • #552
  • Feb 17, 2009 10:10am Feb 17, 2009 10:10am
Quoting Petefaders
Short 1.2578
SL = 11
out +9, not taking any chances..will wait for the big fish.


Daily pips: +19
  • #553
  • Feb 17, 2009 10:48am Feb 17, 2009 10:48am
Hi visitors,

feel free to post about anything..scalping, volume comments, questions, etc.
  • #554
  • Feb 17, 2009 10:51am Feb 17, 2009 10:51am
short g/j 131.39
  • #555
  • Feb 17, 2009 10:53am Feb 17, 2009 10:53am
Quoting Petefaders
short g/j 131.39
out +9


Daily pips: +28
  • #556
  • Feb 17, 2009 11:02am Feb 17, 2009 11:02am
Quoting Petefaders
Hi visitors,

feel free to post about anything..scalping, volume comments, questions, etc.
OK - I'm interested in the volumes. If I add that to my "Scalping the Stochastic Reset", we could really have a go at this.
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  • #557
  • Edited 1:53pm Feb 17, 2009 11:07am | Edited 1:53pm
I think I'll be putting 2 things back on my screen..

fx Accucharts, which has a 3min option and vlme indicator..been missing that 3min TF.

and gann hi/lo.

Was trying to get rid of as many indicators as possible, but I think they will help.
  • #558
  • Feb 17, 2009 11:12am Feb 17, 2009 11:12am
Quoting price
OK - I'm interested in the volumes. If I add that to my "Scalping the Stochastic Reset", we could really have a go at this.
yep, stocs is one thing I will never remove. Maybe adding a volume conformation to your system will do the trick.

For example, when looking to sell from overbought stochs, you can wait for red candles (without big wicks) that have high volume, as an indication of sellers steeping in.
  • #559
  • Feb 17, 2009 11:16am Feb 17, 2009 11:16am
Quoting Petefaders
yep, stocs is one thing I will never remove. Maybe adding a volume conformation to your system will do the trick.

For example, when looking to sell from overbought stochs, you can wait for red candles (without big wicks) that have high volume, as an indication of sellers steeping in.
What timeframe are you doing that on. I mean the volumes. I could see that you are entering after the market starts to move in your direction.
I was trying to look at volume today, I'm not able to interpret it yet.
  • #560
  • Feb 17, 2009 11:24am Feb 17, 2009 11:24am
Quoting price
What timeframe are you doing that on. I mean the volumes. I could see that you are entering after the market starts to move in your direction.
I was trying to look at volume today, I'm not able to interpret it yet.
for scalping, I'm looking at 1min, 3min, and consider 5 min at times.

A high Volume bar, under a candle, would mean alot of "major activity" went into that price move. If it is a full red candle with high volume, sellers are pushing. Waiting a min or two to see if they can hold or continue there selling strength, will give you a good entry.

Also, think of volume as "strength".
Let's say you see 3 green candles, then 3 red candles, appox all the same size, with no big wicks. The candles (red or green) with an average higher voulme, will tell you who has the edge as far as control and momentum.
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