Sicko-Scalp-Machine

EURUSD, M30, 2011 February 02

M30 is forming a divergence. This could be a more qualified argument for searching at M1 some enter shorts with a view to M5 & M15.

How to scalp in a right way!

It might be useful to take a look at M5 here and there.

M5 are signalizing only four options with a higher probability of making a profit.

When prices are moving upwards above the midle line of BB it make no sense for going short.

My scalping trade decisions are often based upon the pivotal points or when prices pushes up (ascending over the middle line of BB) or down (descending below the middle line BB).

Cube -

Thanks for the continued insight !

I've probably read more about scalping than any other trading method, and most who CLAIM success are advocating 5 min or 15 min. due to lower TF noise.

Have you looked at THV, since it provides multi-pair analysis with alerts , and one or two traders seem to be consistently achieving 90% + win rate ? THV was originally based on 5 min. but some traders are claiming success on 15 min. & 1 hour TF.

Thanks again

Hi 82nd

I think THV is one of a great designed trading system, but every trading system has its assets and drawbacks. If traders seems to be consistently achieving 90% then I don't believe it. Market environments could change several times a year against THV concept and then these guys would loose his money in this unprofit phase circuit. I believe only in trading actions which are based at real accounts, but you can't post real accounts at public threads, hackers would gathering around it. I don't know where these guys at THV are coming from (might be from brokers?, are they really honestly?). I only see a vast promotional activity around THV and I don't know why. It's a simple direct trading system based on a few parameters. That's all! If you intend to make 90% and more you have to trade different trading strategies additively which could be equalize the different types of trading errors which are coming up when you use trading systems. May be with a discrete phased MM and RM you can achieve 90% with THV.
My two cents (worth)


Kindest regards
FXcube

EURUSD, Monthly, 2011 March 02

Be aware that monthly should go till ~1.4250.

Why Demo Accounts are really a sh*t!

Every real life accounts would close your account immediately! Be sure! Broker will do it!

Look at it. Brokers offer you a demo account and making you to think oneself safe, but it could be a great misunderstanding if you trade with a real account!

If brokers are practice this kind of way at Demo's what do they then do with your real account? Really the same?

Think about it?

follow-up

...only a few minutes later!

This is excellent stuff for demo sh*te!

...and yesterday evening they have frozen the GBPJPY currency pair over 60 pips 30 minutes long. You couldn't make your profit at this time.

Make up your own mind about this kind of practice!

Scalping Trade Example
Crude Oil
LCrudeApr11, M1, 2011 March 02

Pivotal Points are offering often higher probabilities of making a profit in short time. Scalping might be a favored idea for melking this market environment.

I think THV is one of a great designed trading system, but every trading system has its assets and drawbacks. If traders seems to be consistently achieving 90% then I don't believe it. Market environments could change several times a year against THV concept and then these guys would loose his money in this unprofit phase circuit. I believe only in trading actions which are based at real accounts, but you can't post real accounts at public threads, hackers would gathering around it. I don't know where these guys at THV are coming from (might be from brokers?, are they really honestly?). I only see a vast promotional activity around THV and I don't know why. It's a simple direct trading system based on a few parameters. That's all! If you intend to make 90% and more you have to trade different trading strategies additively which could be equalize the different types of trading errors which are coming up when you use trading systems. May be with a discrete phased MM and RM you can achieve 90% with THV.
My two cents (worth)


Kindest regards
FXcube


You may be right, as it is a trend-trading method, and I don't have firsthand knowledge of its consistency.

However, it may be useful due to its dashboard multi-pair signals/alerts, which might free up some of your time for long-term analysis or scalping commodities

Hi guys,

Let me add my couple of cents on THV. Technically, fast THV Trix is a smoothing of OsMA, and slow Trix is a MACD. It is fairly easy to put together an indicator that is slightly better than fast Trix (see attached).

To withhold from potential users the nature of the indicators is not helpful. Further, trading using these indicators requires significant experience as there are many false signals. So those with hit-rates above 90% would probably achieve that without THV.

So why all the branding and copyrighting of something that is very basic? The indicators and templates (or rather 'improved' versions thereof) are for sale, together with some educational material, at http://www.pipware.com/.

Get the picture? What do you think?

Great thread cube. I like reading your threads, they are very academic and interesting.
I noticed you on the contest before reading here, and have seen your first day profit. Today I tried to find you again and have seen that account have hit the floor. Now I see your posts about it. Very good lesson learned indeed.

May be you could generate 1% - 3% profit per Day with a Scalping System if you used it only in a selected few market environment.

Probably there might be a few more powerful arguments for a set off a trade.

In this example below there is made a 3% profit today at a 50K Demo Account, but also 1% seems absolutely enough!

Hi forexcube,

Very interesting thread you have on here. I appreciate your clear on concise answers and your way of presenting them all the while letting people know the value of MTF analysis. I wil be watching your thread closely.

BTW, I see you have an interest in pivot points, Do you have an indi that plots them?

wowzers

there you are.

Let me add my couple of cents on THV. Technically, fast THV Trix is a smoothing of OsMA, and slow Trix is a MACD. It is fairly easy to put together an indicator that is slightly better than fast Trix (see attached).

To withhold from potential users the nature of the indicators is not helpful. Further, trading using these indicators requires significant experience as there are many false signals. So those with hit-rates above 90% would probably achieve that without THV.

So why all the branding and copyrighting of something that is very basic? The indicators and templates (or rather 'improved' versions thereof) are for sale, together with some educational material, at http://www.pipware.com/.

Get the picture? What do you think?


Nice to see one of the 'big picture' folks stopping by. Thanks !!

I've been following THV off and on for almost a year, and am aware of Pipware. However, I didn't want to risk a ban for promoting a commerical product.

P.S. I got the picture...LOL, now I have to start following you & Islander over on the LO thread. Market profile, market structure, order flow, auction market theory. Yikes, the more I read, the more I realize I have so much to learn.

Hi wowzers

Here is another one. (See attachment, please).

Hope it helps!

Kindest regards
FXcube

Sorry, but the LO thread is soundly asleep...

Hi Medici

http://www.forexfactory.com/showthread.php?t=211103

It's really great stuff!

Congratulation at Medici and Islander.

...and thank you a lot for these qualified links:
http://people.brandeis.edu/~cosler/
http://www.ny.frb.org/education/addpub/usfxm/

Best regards
FXcube

see #137


Hi 82nd

If you go to the end:

http://www.forexfactory.com/showthre...211103&page=30

you could read this comment:

"Renaming the thread didn't work. Instead we have started a new thread that replaces this one. You can find it here:

http://www.forexfactory.com/showthread.php?t=214628

See you there tomorrow!"

Kindest regards
FXcube

Link
http://www.ny.frb.org/education/addpub/usfxm/
http://www.newyorkfed.org/research/e.../0007osle.html