I am a scalper always have been. I have scalped equities , where I made my start and money to trade on my own back in the late ninties during the good old soes period, for all the former equities traders
I love to trade and was attracted to FX about a year and a half ago. I have tried everything including letting negativity get to me saying you cannot scalp this market. I dont scalp for one tick, I am old school and when I say scalp for me and purposes of this thread I just mean intra day trading on lower timeframes. I have an open mind and would like positive thoughts and ideas on this thread , anyone can talk about what they like ,, its a place for us to share ideas. I do not use EA'S nor know how to program them. I trade with GFT, I am in the U.S. and I trade from about 4am till 3pm both EST. I trade on the 2 AND 3 minute time frames. I look for price action , just basics HH'S HL,LL'S LH'S etc.. I trade off that. I use to sets of stochastics one set to 8 3 3 and the other set to 12 3 3 . Just like the 2 to match up when I trade. I have attached a chart showing my 3 min chart. The blue and red on there are just a high low delineation that comes with GFT standard service. Its set at every 1/2 I beleive and it shows the highs and lows of that period. It just helps me visualize whats happening. I also like to use heikin ashi thru them. While yes I have heard it before, HA lags but on this small time frame its really doesnt. it just helps me filter out useless noise in what I am trading.
I love to trade and was attracted to FX about a year and a half ago. I have tried everything including letting negativity get to me saying you cannot scalp this market. I dont scalp for one tick, I am old school and when I say scalp for me and purposes of this thread I just mean intra day trading on lower timeframes. I have an open mind and would like positive thoughts and ideas on this thread , anyone can talk about what they like ,, its a place for us to share ideas. I do not use EA'S nor know how to program them. I trade with GFT, I am in the U.S. and I trade from about 4am till 3pm both EST. I trade on the 2 AND 3 minute time frames. I look for price action , just basics HH'S HL,LL'S LH'S etc.. I trade off that. I use to sets of stochastics one set to 8 3 3 and the other set to 12 3 3 . Just like the 2 to match up when I trade. I have attached a chart showing my 3 min chart. The blue and red on there are just a high low delineation that comes with GFT standard service. Its set at every 1/2 I beleive and it shows the highs and lows of that period. It just helps me visualize whats happening. I also like to use heikin ashi thru them. While yes I have heard it before, HA lags but on this small time frame its really doesnt. it just helps me filter out useless noise in what I am trading.
