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EUR/USD Scalp 1 min

  • #461
  • Mar 12, 2010 11:34am Mar 12, 2010 11:34am
Quoting Pip_Doc
Can you post your chart please
Today I used this trading sytem with a +59 pips for my results,thanxs again Hoss.......
  • #462
  • Mar 19, 2010 12:56pm Mar 19, 2010 12:56pm
wow.......its been 1 year since you started trading this system hoss.....

i've demoed this with alpari uk for about a week and double the account almost daily and its kinda scary

my 250 $ account is @ 4000 ......can you believe that ....

reasons are low demo spreads and ........ ofourse weird money management....

i risk almost 25 % for the 3rd move down after breakout and .. some other sure shots....


i am happy with the system ...... i trade london and newyork ....


i cant thank you enough for this wonderful system.......
  • #463
  • Mar 19, 2010 2:46pm Mar 19, 2010 2:46pm
Good to see it working for you. However, by no means would I endorse your money management!


Quoting itsrijo
wow.......its been 1 year since you started trading this system hoss.....

i've demoed this with alpari uk for about a week and double the account almost daily and its kinda scary

my 250 $ account is @ 4000 ......can you believe that ....

reasons are low demo spreads and ........ ofourse weird money management....

i risk almost 25 % for the 3rd move down after breakout and .. some other sure shots....


i am happy with the system ...... i trade london and newyork ....


i cant thank you enough for this wonderful system.......
Life is too short to have anything but delusional notions about yourself.
  • #464
  • Mar 22, 2010 8:50pm Mar 22, 2010 8:50pm
ofcourse the money management is the key ......... damn i should have been more careful .... the 0.5 demo account spreads of alpari gave me a false sense of security .......

liteforex 2 pips spreads killed my first real account......... i am gonna fund my account again today ........

maybe it was just a bad day yesterday .....

i will post my results here.........
  • #465
  • Mar 24, 2010 3:22pm Mar 24, 2010 3:22pm
hi Hoss,
newbie to trading and I would like to learn your trading strategy. I have some questions which i know most of all the other traders will consider very basic so please bear with me. if any of you can chip in please do

1) With RSI Divergence are you refering to a movement in price in one direction and an movement with RSI indictor in opposite direction in the OS/OB region. Please clarify

2) What do you mean by several moves/pushes/waves in one direction

3) What do you mean by consolidation?

4) What do you mean by exhaustion.

Once again please bear with me.
Thanks
  • #466
  • Mar 25, 2010 6:32am Mar 25, 2010 6:32am
Hi,
I have uploaded some charts where i think i am supposed to be entry points based on Hoss system.
the indicators i used are
bolinger bands
5ema
200ema
rs1(8) 20, 80.
Please let me know if am on the right track.
Thanks.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: practise1.gif Size: 37 KB
Click to Enlarge Name: practise2.gif Size: 40 KB
Click to Enlarge Name: practise3.gif Size: 36 KB
Click to Enlarge Name: practise4.gif Size: 36 KB
  • #467
  • Mar 26, 2010 8:20am Mar 26, 2010 8:20am
Hi Hoss,

Thanks for sharing your results. I'm trying the eur/usd m1 too, however my RSI indicator doesn't fall from above below 80 or raise above 20 sixteen times a day as you seem to accomplish...

I'm using RSI with a 14 period and apply to 'close'. Are these settings ok?

Any chance you could help me with this ?

Thanks!
  • #468
  • Mar 27, 2010 1:04pm Mar 27, 2010 1:04pm
Use the RSI at 8.

Quoting gasfx
Hi Hoss,

Thanks for sharing your results. I'm trying the eur/usd m1 too, however my RSI indicator doesn't fall from above below 80 or raise above 20 sixteen times a day as you seem to accomplish...

I'm using RSI with a 14 period and apply to 'close'. Are these settings ok?

Any chance you could help me with this ?

Thanks!
Life is too short to have anything but delusional notions about yourself.
  • #469
  • Mar 28, 2010 9:34am Mar 28, 2010 9:34am
Thanks for your reply! I will try this m1 system and will let you know, thanks !
  • #470
  • Mar 28, 2010 8:22pm Mar 28, 2010 8:22pm
focus on the 1 minute eu
+9+5+1+8+1-2+1+6+5

started trades 22:45
using 12 pip stops with quick exit if trade stalls
  • #471
  • Mar 29, 2010 1:08am Mar 29, 2010 1:08am
Dear friends,
Nice trading... I have nice trading too. Hope will continue always...
How many lot you ussually open with $ 4K?
  • #472
  • Mar 29, 2010 11:24pm Mar 29, 2010 11:24pm
Interesting stuff, thanks for posting Hoss.

Something I spotted while getting RSI set up...

http://i24.photobucket.com/albums/c2.../th_eu1min.jpg
  • #473
  • Mar 30, 2010 9:57am Mar 30, 2010 9:57am
1m scalp eu
Chart bbands, rsi 6, William%R, cci 10, macd, 200 sma(price under shorts safer/price above longs easier),fractals
Testing each “signal” getting the feel, overtrading,observing


(eastern standard time)
8:41 long -12
8:45 long +6
9:09 sell +6
9:23 buy -12
9:36 short +7 (doubled upx4 and now positive)
9:44 long +5 (doubled up x4)
10:07 short +4 (doubled up x4)
10:13 long +5 (doubled up x2)
10:30 long +5(doubled up x2)
10:45 short +8 (doubled upx2
  • #474
  • Mar 30, 2010 5:41pm Mar 30, 2010 5:41pm

additional trades today
10:57 long -12 (doubled up x2)
11:30 long +5 (doubled up x2)
4:00 long +5 (doubled up x2)

the rsi 6 has been key to good entries/ob above 70 and oversold below 30 key to good entries. good to mark chart and see the possibilities.
have 4 (1minute )charts up with a variety of indicators all basically around the bbands and the rsi
beginning to get the feel for eurusd
trading 7 1/2 hours and 10 winners and 3 losers
  • #475
  • Mar 31, 2010 2:07pm Mar 31, 2010 2:07pm
Good job on waiting for that 3rd push. You don't ever want to get caught in a breakout.


Quoting sam0182
Interesting stuff, thanks for posting Hoss.

Something I spotted while getting RSI set up...

http://i24.photobucket.com/albums/c2.../th_eu1min.jpg
Life is too short to have anything but delusional notions about yourself.
  • #476
  • Mar 31, 2010 2:14pm Mar 31, 2010 2:14pm
Glad you are getting a feel for it. Let me know how the 12 pip stop works out for you on the EUR going forward. When you say double up, are you increasing lot size as you average in?

Quoting farmhand
additional trades today
10:57 long -12 (doubled up x2)
11:30 long +5 (doubled up x2)
4:00 long +5 (doubled up x2)

the rsi 6 has been key to good entries/ob above 70 and oversold below 30 key to good entries. good to mark chart and see the possibilities.
[font=Calibri][size=3]have 4 (1minute )charts up with a variety of indicators all basically around the bbands and the...
Life is too short to have anything but delusional notions about yourself.
  • #477
  • Mar 31, 2010 2:22pm Mar 31, 2010 2:22pm
Hoss.. I see you use TP of 5.. what is your stop loss?

And.. Go Bucks!
"I know how hard it is for you to put food on your family." George W. Bush
  • #478
  • Mar 31, 2010 9:44pm Mar 31, 2010 9:44pm
Hey Farmhand I see you are using an RSI of 6.....that is getting pretty skinny and also notice your RSI settings are at 70:30 obviously this would show more buy/sell signals but does it not create more false signals than the 80:20 settings?

Good trading to you......
  • #479
  • Apr 1, 2010 8:56am Apr 1, 2010 8:56am
I don't have a hard stop loss set. I also average in. Go Bucks.

Quoting MarcoW
Hoss.. I see you use TP of 5.. what is your stop loss?

And.. Go Bucks!
Life is too short to have anything but delusional notions about yourself.
  • #480
  • Apr 1, 2010 9:14am Apr 1, 2010 9:14am
Quoting hoss
I don't have a hard stop loss set. I also average in. Go Bucks.
Hoss, how far do you let pa run when it turns against you before exiting the trade? For example, let's say you enter and price action starts to go in your favor by 2-3 pips but stalls and goes back below where you entered?
"I know how hard it is for you to put food on your family." George W. Bush
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