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Attachments: Scalping 10 sec., 30 sec., M1
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Scalping 10 sec., 30 sec., M1

  • #61
  • Feb 25, 2010 7:01pm Feb 25, 2010 7:01pm
cube using mental stop?!? anyway on 10sec if not after major data news... no need to put SL if you monitor the trade..

question to cube: is this good to open multiple orders at cross of ema? or better one by one?
  • #62
  • Feb 25, 2010 7:04pm Feb 25, 2010 7:04pm
Hey Cube,the new regs about the 10:1 leverage ratio instead of the 100:1 by the cftc.gov.... thanxs.
  • #63
  • Feb 25, 2010 7:33pm Feb 25, 2010 7:33pm
Quoting monikroc
Hey Cube,the new regs about the 10:1 leverage ratio instead of the 100:1 by the cftc.gov.... thanxs.
Saw that it was being considered, sent a complaint, but haven't seen anything since ..., is it in fact effective Mar.22nd?
If you're not the lead dog, the view never changes ...
  • #64
  • Feb 25, 2010 7:42pm Feb 25, 2010 7:42pm
Need some technicle help with posting a previous chart in this thread with questions attached. Can someone help with instructions.

Thanks appreciate
  • #65
  • Feb 25, 2010 7:54pm Feb 25, 2010 7:54pm
Quoting mistersimple
question to cube: is this good to open multiple orders at cross of ema? or better one by one?
Better one by one. It's a question of risk- and moneymanagement, too.

If s.o. don't have any experience with scalping systems it's even better to trade one by one, absolutely!
  • #66
  • Feb 26, 2010 2:53am Feb 26, 2010 2:53am
ok thx mate, another question in oanda.. do u use pivot points? or it's better to check with MT4 ? u put it on daily candle? thanks
  • #67
  • Feb 26, 2010 3:11am Feb 26, 2010 3:11am
here's an example...since yday night only winning trades .. it's working
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  • #68
  • Feb 26, 2010 3:47am Feb 26, 2010 3:47am
Quoting Forexcube
Hello PipsRider

I have make a M1 EURJPY chart for you. Look at it at enjoy the great trading chance.

Label:
P1 - P9 at the price action chart are entry chances and the red arrow possible exits.

Posible exit:
I prefere to go out early, even it's too late. "A birth in the hand is worth two in the bush".
There'll wait a lot of more excellent trades of you in the near future.

Indicator chart:
CCI arrow: blue
RSI arrow: red
CCI (blue) and RSI arrows (red) shows additionally possible exit points.

Kindest regards

Forexcube

Hello,

I like your system, but Im stupid and i dont uderstand buy setup.
You seed that you buy when candelstick cross Gran Hillo Activator. Is that write? Im making my chart and i drow buy setups. I need your comment of my chart. Please. Witch setup is wrong?

Can you tell me how do you determinate indifferent candle?

Best regards

Mark
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  • #69
  • Feb 26, 2010 4:55am Feb 26, 2010 4:55am
mark, if you dont mind... look at ADX when narrows no trade when expands ..go long/short
  • #70
  • Edited 7:49am Feb 26, 2010 7:28am | Edited 7:49am
Quoting mark7
Hello,
You seed that you buy when candelstick cross Gran Hillo Activator. Is that write?
Best regards
Mark
Right!
If you trade M1.


Quoting mark7
Hello,
Im making my chart and i drow buy setups. I need your comment of my chart. Please. Witch setup is wrong?
Can you tell me how do you determinate indifferent candle?
Best regards
Mark
Hi Mark7

P1 - P13 are entry points (Long or short). The red arrows in the price chart are possible exit points. The gray arrows in the price chart you can say are s.th. like confirmation points.

If ADX shows low value and goes down it means market is trending in tighter channels at M1. Often the candles are moving then in one half of bollinger band wirth no serious ups and downs.

CCI markers (red arrows) and RSI markers (blue arrows) shows possible exits, too.

Indifferent candles: May be between P3 and P4 there are severals in the underpart of the BB Band. Look at ADX, +DI and -DI (-DI which isn't on your chart) they are struggling tighter together. Indifferent candles you see also at M1 if trading 10 sec. or at M5 if trading M1 or direct at the chart that you trade.

?: the last sector of ADX seems unrealistic. Every time ADX goes up if market prices will go up or down.

ADX
ADX doesn't show the direction of a current trend, it only shows the strength ot the trrend, equal if market goes up or down.
ADX reacts at the market price changements. Reading below 20 indicates a weak trend, reading just above 20 > gaining new strength trend and reading above 40 - very strong trend. Often I go out here at M1 if no other strong trend are at M5 or M15.

Hope it helps.

Kindest regards
Attached Image (click to enlarge)
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  • #71
  • Feb 26, 2010 7:52am Feb 26, 2010 7:52am
Quoting mistersimple
ok thx mate, another question in oanda.. do u use pivot points? or it's better to check with MT4 ? u put it on daily candle? thanks
I look at this table if trading Oanda.
http://www.actionforex.com/technical...-200603205734/

and with the pivot indicator at MT4 charts , (perhaps take a look at p.3, #40).
  • #72
  • Feb 26, 2010 8:02am Feb 26, 2010 8:02am
  •  Carlos
  • | Joined Sep 2005 | Status: Commitment, planning and discipline | 65 Posts
I'd be amazed if after transaction costs and trading erros you could make money trading off such a short time frame. I've been trading FX full-time for 5 years now and yet to have the pleasure of finding a way or to meet an individual who has made money in the long term trading off 1 min charts. Good luck
  • #73
  • Feb 26, 2010 8:13am Feb 26, 2010 8:13am
hi forexcube, I do not speak English, I write with google translator, and perhaps why I do not understand very well. However if you see in my chart, the entries are correct, and if I skipped someone, thanks.

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  • #74
  • Feb 26, 2010 8:43am Feb 26, 2010 8:43am
Quoting ds1
Saw that it was being considered, sent a complaint, but haven't seen anything since ..., is it in fact effective Mar.22nd?
This regulation is being considered but sincerely hope that anything is not concrete.March 22 is a date for which they are meeting about it. PS: THIS WOULD "KILL" THE RETAIL 4X BIZ IN THE USA !!!
  • #75
  • Feb 26, 2010 9:15am Feb 26, 2010 9:15am
dont worry its just manipulation
  • #76
  • Feb 26, 2010 10:03am Feb 26, 2010 10:03am
What do you think?

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  • #77
  • Feb 26, 2010 10:08am Feb 26, 2010 10:08am
Getting alot of requotes with this method Alpari(us) and forex.com (uk)

Any suggestions.
Look at something long enough, you will eventually get it.
  • #78
  • Feb 26, 2010 11:02am Feb 26, 2010 11:02am
Quoting traco1
Getting alot of requotes with this method Alpari(us) and forex.com (uk)

Any suggestions.
wikipedia: "A market maker is basically a specialized scalper.... Due to role overlapping, a low-end scalper is almost always at a disadvantage in terms of profit potential due to the following institutional market maker's advantages: 1. superior execution speed as an insider, therefore completing profitable positions sooner. 2. a greater knowledge of trading and the actual market situation due to its information gathering capacity, therefore being able take advantage of the trends slightly faster than the low-end scalper. 3. huge amount of capital to backup and support market makers. The profits will still be made by the low-end scalper, but the market maker will simply always have more capital to work with if they too are making profit. 4. the ability to provide false impression to the market by placing a larger/smaller bid or ask to bluff the trader, which may lead to small setbacks if the low-end scalper is not cautious. "
  • #79
  • Feb 26, 2010 11:10am Feb 26, 2010 11:10am
Thank you, I feel real low now.

So whats the solution ?
Look at something long enough, you will eventually get it.
  • #80
  • Feb 26, 2010 11:16am Feb 26, 2010 11:16am
Quoting traco1
Thank you, I feel real low now.

So whats the solution ?
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