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  • #404,381
  • Mar 10, 2011 10:55am Mar 10, 2011 10:55am
Quoting fxpreacher
When i trading it would be hard to post entries and exits but i guess i get the point. I was looking for some constructive criticism on what other thought about scalping but this might not be the right thread.

Noone can give you anything constructive just posting broad results and it just becomes noise and garbage here.

Nothing wrong with scalping as a strategy.
  • #404,382
  • Mar 10, 2011 10:56am Mar 10, 2011 10:56am
Quoting cloggie
You are doing everything right to build a solid foundation in this business. Plenty of muppets here blow several real accounts before they realise that they are cr@p and need to actually put serious work into making it in this business and just can't be bothered.

There are 3 things you need to make it in this business; time, time and time.
Thanks, I figure it'll take a few years if I'm lucky to be comfortable enough to really start trading. It might never happen, but I'm a pretty smart guy (IMO), just need patience and an open mind.

I've looked at all these different indicators and trading systems, IMO, they are all crap. Long term EMA, S/R, and price action. That's it.
  • #404,383
  • Mar 10, 2011 10:56am Mar 10, 2011 10:56am
Quoting cloggie
There are 3 things you need to make it in this business; time, time and time.
After that there is a fourth, more time. experience is the greatest thing a trader can get
  • #404,384
  • Mar 10, 2011 10:57am Mar 10, 2011 10:57am
Quoting Tenshi28
How long you've been trading for, if I can ask?

20 years

Quoting Tenshi28
and did you ever do it profesionally?

Yes
  • #404,385
  • Mar 10, 2011 10:58am Mar 10, 2011 10:58am
Quoting highlander2
After that there is a fourth, more time. experience is the greatest thing a trader can get
And what better way to get experience than to trade super small lot sizes. Demo accounts are not experience IMO as there is no emotional tie to the outcome.
  • #404,386
  • Mar 10, 2011 11:00am Mar 10, 2011 11:00am
http://www.zerohedge.com/article/mer...-tax-rate-get-

Merkel Sets Terms Of Quid Pro Quo: Tells Greece To Sell Assets, Ireland To Hike Corporate Tax Rate To Get Rate Cut Concessions
  • #404,387
  • Mar 10, 2011 11:00am Mar 10, 2011 11:00am
Quoting cloggie
20 years




Yes

Yeah, it shows, thx.
  • #404,388
  • Mar 10, 2011 11:00am Mar 10, 2011 11:00am
[quote=gatorinla;4461411]
Quoting gatorinla
took the long this time sl #6 +
closed at 3820.. 27 pips+
started to reload the s wagon usx at 77.16 atm.. 77.15 may be support and stop eu up move
those who can, do. those who cant, talk about those who can
  • #404,389
  • Mar 10, 2011 11:02am Mar 10, 2011 11:02am
[quote=gatorinla;4461624]
Quoting gatorinla
closed at 3820.. 37 pips+
started to reload the s wagon
No one listened to my counter announcement... I missed your unfortunately... anyway. Like you say, it's over now.
  • #404,390
  • Mar 10, 2011 11:02am Mar 10, 2011 11:02am
I am done for the day. nothing much worth trading right now.

See y'all later, don't do anything you wouldn't want your mother to know.
  • #404,391
  • Mar 10, 2011 11:02am Mar 10, 2011 11:02am
Quoting Alexbabwa
I didn't see a fitch's speech on my calendar so i assume this is surprise news to the retail trader? Spain has been downgraded... do you think this is likely to shift the medium long bias to short?

Cloggie you seem to have a good reputation with regards to fundies, what do you think, if you don't mind?
/bump
  • #404,392
  • Mar 10, 2011 11:02am Mar 10, 2011 11:02am
  •  bialy
  • | Joined Sep 2010 | Status: forex makes me alcoholic :) | 42 Posts
daily USDX with H4 zoom
i'm off
Attached Image(s) (click to enlarge)
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  • #404,393
  • Mar 10, 2011 11:03am Mar 10, 2011 11:03am
later cloggie, ty
  • #404,394
  • Mar 10, 2011 11:04am Mar 10, 2011 11:04am
Short at 1.3822 ?
Could go back again.. Could..
How to opt out annoying user signatures ??
  • #404,395
  • Mar 10, 2011 11:04am Mar 10, 2011 11:04am
Quoting fldash
And what better way to get experience than to trade super small lot sizes. Demo accounts are not experience IMO as there is no emotional tie to the outcome.
Even better demo along side your real account, place the same trades in both, also in your demo account place trades you dont have the confidence to take in real.

If your demo account is out-performing your live account, you know that emotions are stopping you.

This is an invaluable feed back tool, most people though cant be bothered with such things...
  • #404,396
  • Mar 10, 2011 11:05am Mar 10, 2011 11:05am
Hi Cloggie,

How did you came up with your TP at 1.379 since last week? I have been trying different TF but to no avail...
B.



Quoting cloggie
I am done for the day. nothing much worth trading right now.

See y'all later, don't do anything you wouldn't want your mother to know.
  • #404,397
  • Mar 10, 2011 11:06am Mar 10, 2011 11:06am
PIGS break trendlines and movin' on down:
Attached Image (click to enlarge)
Click to Enlarge Name: PIGS.png Size: 198 KB
  • #404,398
  • Mar 10, 2011 11:08am Mar 10, 2011 11:08am
Quoting Toranaga
Short at 1.3822 ?
Could go back again.. Could..
why not? it still did not touch 3790.2 .. still very valid. not a recommendation
those who can, do. those who cant, talk about those who can
  • #404,399
  • Mar 10, 2011 11:09am Mar 10, 2011 11:09am
Quoting highlander2
Even better demo along side your real account, place the same trades in both, also in your demo account place trades you dont have the confidence to take in real.

If your demo account is out-performing your live account, you know that emotions are stopping you.

This is an invaluable feed back tool, most people though cant be bothered with such things...
most people don't make it in this business,,,
  • #404,400
  • Mar 10, 2011 11:09am Mar 10, 2011 11:09am
[quote=gatorinla;4461624]
Quoting gatorinla
closed at 3820.. 27 pips+
started to reload the s wagon usx at 77.16 atm.. 77.15 may be support and stop eu up move
Closed mine too @3820 due to symetrie brake on 1min TF

But may be too early to load up shorts. Have not a real good EW count, but looks to go higher (at this time only gut-feeling)
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