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5 Seconds " L "

  • #81
  • Apr 25, 2009 8:32pm Apr 25, 2009 8:32pm
Quoting Tony112
I don't know why I love 5pip bars on a 5 sec chart.. I got a passion for the but not all of them are sweet... you have to pick them very well
I think there is 45 degree Gann angle hidden in there. Thats why you might like it. Good luck with the scalping.
  • #82
  • Apr 26, 2009 6:03am Apr 26, 2009 6:03am
[quote=Tony112;2689052]
Quoting ttradr

Hey that's very nice, that really made my day... I thought about you a few times today lol is it really a PC screen or Flat screen tv connected to pc?
my PC is connected to both a 22" monitor and the 52" TV, I can view either w/touch of a button. I sit in a recliner 16 feet away or go to PC in other room. It's also good for Netflix Instant Movies.
  • #83
  • Apr 26, 2009 2:16pm Apr 26, 2009 2:16pm
this week will be called: power and surveillance
Invest in alarm clocks
  • #84
  • Apr 27, 2009 12:53am Apr 27, 2009 12:53am
lets risk 2 pips, we'll move that SP to 0 in a few seconds
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Invest in alarm clocks
  • #85
  • Apr 27, 2009 12:56am Apr 27, 2009 12:56am
ok we got stopped... stay tuned for the next one


-2 LOL, I wont let no punk take more than 2 from me, that's one thing you gotta know from me
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Invest in alarm clocks
  • #86
  • May 1, 2009 2:48am May 1, 2009 2:48am
Results for Thursday 30 April

+3.1, +2.1, +0.3, +0.6, +0.8, -1.2, +2.0, -0.8 = Total + 7.5

Note: for me.... if a trade does not fall into immediate profit (ie within 10 seconds) then get out... never with more thatn -2 pips. Tigher the better.

Also... when breaking the reversal trend line... be sure the break is clear... preferably with a strong candle.

Comments welcome... this should be the liveliest forum on FF!! After all, nothing could be closer to market action than the 5 second chart!
  • #87
  • May 4, 2009 12:47am May 4, 2009 12:47am
I am officially stopping work starting this Monday & dedicating myself into forex
Invest in alarm clocks
  • #88
  • May 4, 2009 1:02am May 4, 2009 1:02am
no loss guaranteed, that's what you call : at the right place, at the right time
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Invest in alarm clocks
  • #89
  • May 4, 2009 1:22am May 4, 2009 1:22am
Quoting Tony112
I am officially stopping work starting this Monday & dedicating myself into forex
  • #90
  • May 4, 2009 2:20am May 4, 2009 2:20am
I have 2 new bosses: 1 is called Mr. Wma Onefifty & the other one is Mr. Fivesec Chart.
Invest in alarm clocks
  • #91
  • May 4, 2009 2:47am May 4, 2009 2:47am
I love you everyone. And I love 0$ stop-losses.
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Invest in alarm clocks
  • #92
  • May 4, 2009 2:49am May 4, 2009 2:49am
and 40 pips take-profits
Invest in alarm clocks
  • #93
  • May 4, 2009 3:27am May 4, 2009 3:27am
history keeps repeating itself

0$ loss is set as usual
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Invest in alarm clocks
  • #94
  • May 4, 2009 3:30am May 4, 2009 3:30am
I love you wma150
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Invest in alarm clocks
  • #95
  • May 4, 2009 3:53am May 4, 2009 3:53am
A question for Tony...

When you move your SL to zero... how long do you let the market run before taking profit...

I am in the habit of taking small nibbles... say a pip or two... and working on a higher win / breakeven ratio... but was just wondering what your philosophy is.

Many thanks.
  • #96
  • May 4, 2009 3:58am May 4, 2009 3:58am
Ok here is my response below.
Invest in alarm clocks
  • #97
  • May 4, 2009 3:58am May 4, 2009 3:58am
Quoting hazel1919
A question for Tony...

When you move your SL to zero... how long do you let the market run before taking profit...

I am in the habit of taking small nibbles... say a pip or two... and working on a higher win / breakeven ratio... but was just wondering what your philosophy is.

Many thanks.
Hi well here is how I see it: if I take a 3 pip profit everytime, I will multiply my account by 1.01% everytime.

In the other case, by taking 16 pips at a time, I'm multiplying my account by 1.06% everytime.

Now I agree that I will win less times than you will... but when there is big volatility, it's really pleasant to leave the trade and take in a 40 pips profit... after alll... what do you care about when you have a stop loss so tight... You could just leave the trade and go to bed or go out and cut the grass...

It doesn't really matter, the important is your entry and the stop-loss to be minimal.
Invest in alarm clocks
  • #98
  • May 4, 2009 4:41am May 4, 2009 4:41am
favorable market conditions
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Invest in alarm clocks
  • #99
  • May 4, 2009 4:44am May 4, 2009 4:44am
this system works 90% of the time

the other 10% you will lose 3 pips or so
Invest in alarm clocks
  • #100
  • May 4, 2009 5:08am May 4, 2009 5:08am
Quoting Tony112
this system works 90% of the time

the other 10% you will lose 3 pips or so
Hope u get ur million soon
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