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NITRO Scalping for serious traders

  • #221
  • Aug 30, 2009 7:19pm Aug 30, 2009 7:19pm
I've read the comments above and appreciate all input. smjones, I am sure waddij's comments were meant to be highly complimentary .. we are all appreciative of the expertise people of greater experience are willing to share!

As of this moment we have 16 votes for this remaining a separate thread. My own thought was, a minimum of 20 people and we keep it going .. I think we will get more than that and we already have some really good traders who are in favor of keeping this separate.

I think the double posts will gradually cease. The other thread should grow much larger as it is open to all ideas, in here we will probably remain a small but committed group of traders who are just seeking to further perfect something that appears to be working very very well already.

I think in the end the value of having a quieter place to meet & keep focus will outweigh the inconvenience of having to check another thread for the occasional post that is relevant here as well.

Tokyo is open .. another week begins! Good trading to all!
******************* I'd rather make money than be right.
  • #222
  • Aug 30, 2009 7:36pm Aug 30, 2009 7:36pm
Quoting Chris_B
Tweaking and tweaking...do I have the 100% indy??
Sorry guys!!

As I thought my new indy is totally useless..

Real time is always another thing...it repaints the previous brick...so if the brick closes in the right direction the arrow stay there, if the brick closes in the wrong direction the arrow disappear...

As I said...when I see a 100% profitability I doubt it can be a reality...too good to be true..

Forget about it..
Market is like a puzzle, YOU have to fit the pieces!!
  • #223
  • Aug 30, 2009 7:43pm Aug 30, 2009 7:43pm
Pa wins again...

A trade from some minutes ago...as always...when the PA breaks a support...the price accelerates...i was there!!
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Market is like a puzzle, YOU have to fit the pieces!!
  • #224
  • Aug 30, 2009 7:51pm Aug 30, 2009 7:51pm
First trade of the week, 5 easy pips in 5'
Attached Image
  • #225
  • Aug 30, 2009 7:56pm Aug 30, 2009 7:56pm
And here's the re-entry after the little retracement..
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Market is like a puzzle, YOU have to fit the pieces!!
  • #226
  • Aug 30, 2009 8:17pm Aug 30, 2009 8:17pm
And one more after a retracement...this one took barely a few seconds...

Enough for now, momentum is decelerating
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  • #227
  • Aug 30, 2009 8:19pm Aug 30, 2009 8:19pm
Here's another opportunity...not taken but 3 bricks formed in less then a minute...
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Market is like a puzzle, YOU have to fit the pieces!!
  • #228
  • Aug 30, 2009 8:28pm Aug 30, 2009 8:28pm
Here is the screen grab from Tokyo opening. Have left on the Momentum indicators just for reference. Easy.
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  • #229
  • Aug 30, 2009 10:43pm Aug 30, 2009 10:43pm
Chris B,

I don't know why my chart is very different from yours. Does it make that much of a difference that I am on a 4 digit broker and you are on 5 digits?

Here is my chart and your chart that you posted earlier.

Thanks

Quoting Chris_B
Here's another opportunity...not taken but 3 bricks formed in less then a minute...
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  • #230
  • Aug 30, 2009 11:35pm Aug 30, 2009 11:35pm
Quoting Chris_B
Sorry guys!!

As I thought my new indy is totally useless..

Real time is always another thing...it repaints the previous brick...so if the brick closes in the right direction the arrow stay there, if the brick closes in the wrong direction the arrow disappear...

As I said...when I see a 100% profitability I doubt it can be a reality...too good to be true..

Forget about it..
When I see an arrow forming, I set a stop, buy or sell, in the direction of the arrow, take care to allow for the spread, this means I will enter the trade only if the brick completes in the right direction.

My 2cents worth.
  • #231
  • Aug 31, 2009 12:07am Aug 31, 2009 12:07am
Hi.

Today I wanted to start to test this system. Since they are offline charts my chart is not updating and showing what has happened. is it supposed to be like that?

Am I missing something?
  • #232
  • Aug 31, 2009 12:10am Aug 31, 2009 12:10am
Quoting Trader100
Hi.

Today I wanted to start to test this system. Since they are offline charts my chart is not updating and showing what has happened. is it supposed to be like that?

Am I missing something?
You must keep the m1 chart that generated the Offline chart open as well as the offline chart, because the M1 chart feeds data to the Offline chart. You can minimize the M1 chart though.
  • #233
  • Aug 31, 2009 12:11am Aug 31, 2009 12:11am
Quoting smjones
You must keep the m1 chart that generated the Offline chart open as well as the offline chart, because the M1 chart feeds data to the Offline chart. You can minimize the M1 chart though.
Oh.. Thanks
  • #234
  • Aug 31, 2009 2:23am Aug 31, 2009 2:23am
I have just caught up with the 'sister' thread and I am appalled that the same sleuths who put our former leader to the sword are at it again. ASDF has posted a few very interesting posts but his literary style is reminiscent of our fallen intrepid leader so is apparently immediately fair game.

I would like to change my vote and keep this thread going until/unless the same over-zealous investigators get into some of our group. Look out guys and gals! They're coming to get you so don't be long winded or post anything of interest. It appears that no-one can be trusted - come to think of it - can I be trusted? I can assure you that I am not Edge- Reincarnate.

Beware 4xTrader2!!

All humour aside, could I strongly suggest that you jump on anything that is not welcome here. We do not want/need back stabbing nastiness but genuine efforts to contribute to the development of our trading skills and the well being of our trading efforts.

Karl (aka scartree).
  • #235
  • Aug 31, 2009 2:29am Aug 31, 2009 2:29am
Hi.

I took a trade on AY and lost. Did I do everything right?
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  • #236
  • Aug 31, 2009 2:30am Aug 31, 2009 2:30am
Chris - I also got that GJ trade which I followed with one on the AJ both +5 trades. All of the JPY pairs were in a great down trend for some time and pips were there for the taking. I like your retracement trade but I am too nervous to do that. It appears that the opening of the Asian session is a pretty good trading period. It suits me as it is mid morning here in Australia.
  • #237
  • Aug 31, 2009 2:43am Aug 31, 2009 2:43am
Trader100 - if you hold the mouse over the trade in the Terminal and drop it on the chart before you post it, we can see where your trade was. I can't see why you lost if your TP was 5 pips and you took the trade at the beginning of the 2nd brick after the signal.
  • #238
  • Aug 31, 2009 3:03am Aug 31, 2009 3:03am
Quoting Trader100
Hi.

I took a trade on AY and lost. Did I do everything right?
You are late for the party. If anything I would have tried for the second brick right after signal. But your at the bottom of a pretty major move...not a good place to short until after a decent pull back. You are also playing the Trix zero bounce and it looks like Trix divergence too.
Q
The Only Constant Is Change!
  • #239
  • Aug 31, 2009 3:40am Aug 31, 2009 3:40am
Missed Frankfurt. London for +7 pips
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  • #240
  • Aug 31, 2009 4:27am Aug 31, 2009 4:27am
Quoting kulu
Chris B,

I don't know why my chart is very different from yours. Does it make that much of a difference that I am on a 4 digit broker and you are on 5 digits?

Here is my chart and your chart that you posted earlier.

Thanks
I really don't know...
Maybe the 4/5 digits make this difference, it seems that your platform missed some data...
Or the different data feeds still make these differences...

I use the platform on 2 different pc, with 2 different demo accounts but the same broker...and i see the same picture..
Market is like a puzzle, YOU have to fit the pieces!!
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