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  • #431,241
  • Apr 28, 2011 1:26pm Apr 28, 2011 1:26pm
Quoting attila
Rite, but what's the criteria for adding (next to room to the target)? Is it how much the previous ones are in the green? I think so, right?

That's it, use the market's money, scaling in is in smaller increments to keep the weight of the trade close to the first entry.
  • #431,242
  • Apr 28, 2011 1:27pm Apr 28, 2011 1:27pm
Quoting 4thw
kill, where does that forexlionfx indicator gets its information from? cuz i have a totally different buyers and sellers list than u.. ?! oo

from u broker that why the info is different
  • #431,243
  • Apr 28, 2011 1:27pm Apr 28, 2011 1:27pm
Quoting RamsesII
I have 4 longs similar to cloggie's entries. For me it's a matter that when probabilities start to increase in your favour, it's in your interest to add to your position.

I always add to my winners, unless it only goes 10 pips or so, then I won't
  • #431,244
  • Apr 28, 2011 1:28pm Apr 28, 2011 1:28pm
Quoting cloggie
That's it, use the market's money, scaling in is in smaller increments to keep the weight of the trade close to the first entry.
Makes sense, thanks.
  • #431,245
  • Apr 28, 2011 1:28pm Apr 28, 2011 1:28pm
  •  4thw
  • | Joined Aug 2010 | Status: Jeder ist seines Glückes Schmied. | 58 Posts
Quoting kill56
from u broker that why the info is different
ahh okay nice, thx!
  • #431,246
  • Apr 28, 2011 1:30pm Apr 28, 2011 1:30pm
Quoting attila
Makes sense, thanks.

Play around with it on demo, open a trade the same time as you do on live at the same size, then start scaling in, while making notes. Find the best ratio and profit levels to do so, do that for a week and see what a humongous difference that will make to your bottom line.
  • #431,247
  • Apr 28, 2011 1:31pm Apr 28, 2011 1:31pm
Quoting Julexo
I can see down trend usdx. euro go up if 4812 price close above I'm buying
Ok , i just missed you & lost connection . now little pullback before the ground 72.97 & next 72.86 bear continued next or not for now , anyway retracement seems over & eu to up apparently now and development very slow with my possible camel mouth development also slow & steady raise having a round bottom..
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #431,248
  • Apr 28, 2011 1:32pm Apr 28, 2011 1:32pm
Quoting kill56
thats cool close too
It works like voodoooooo killy cool stuff

Nice scaling cloggies, I only work with 2 entries so far, might consider split into 3 or 4... But it hate it when it goes too fast, and i would trap to buy way too high
Attached Image (click to enlarge)
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Make it rain baby
  • #431,249
  • Apr 28, 2011 1:33pm Apr 28, 2011 1:33pm
Quoting cloggie
I always add to my winners, unless it only goes 10 pips or so, then I won't
why be right one time when you can be right seven times?
Don't have an ego. Always question yourself and your ability.
  • #431,250
  • Apr 28, 2011 1:39pm Apr 28, 2011 1:39pm
Quoting FxPlayboy
It works like voodoooooo killy cool stuff

Nice scaling cloggies, I only work with 2 entries so far, might consider split into 3 or 4... But it hate it when it goes too fast, and i would trap to buy way too high

You should see my scaling on position trading, I may end up with 30-50 entries, the dollar amount adds up quickly then. I use a different account for each position trade per pair and will margin out the account entirely during the scaling in. I call them all-in positions.
  • #431,251
  • Apr 28, 2011 1:40pm Apr 28, 2011 1:40pm
Quoting attila
Makes sense, thanks.

How you getting on now in muppetville?
  • #431,252
  • Apr 28, 2011 1:41pm Apr 28, 2011 1:41pm
Quoting cloggie
You should see my scaling on position trading, I may end up with 30-50 entries, the dollar amount adds up quickly then.

cloggie i got out of my short positions the market is flat you still holding to your longs? how come you not exiting at a resistance level @1.4826

Just curious, it came off strong.
  • #431,253
  • Apr 28, 2011 1:42pm Apr 28, 2011 1:42pm
Quoting cloggie
You should see my scaling on position trading, I may end up with 30-50 entries, the dollar amount adds up quickly then.

Yup, I love scaling into position trades.

The best part, is that I have my MT4 to average positions, rather then adding new ones.

As a new position is averaged, stop is moved to the new BE level.

Risk free trades. Got to love um.
  • #431,254
  • Apr 28, 2011 1:44pm Apr 28, 2011 1:44pm
Quoting suirad
lol .. and lost yeah, because of talking .. lol
fak off your mind
Here you go my friend...

Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_2 Min.png Size: 32 KB


About 55pips on there. Another 50 on a chart posted last night during Tokyo. Closed a short battle at -1.3 last night because I was pooped. If I held...it was a winner. Closed the +1.3 trade on above chart because my sister called long distance.

This is my scalping account. My daily target is 35 pips. I tripled that on this pair alone. Doesn't include totals from GU and AU either. All this while trading...eating...talking shite here...and talking on the phone.

Hope your 1.4645 gets filled so you can grab some action.
  • #431,255
  • Apr 28, 2011 1:46pm Apr 28, 2011 1:46pm
So I come back to see this:
We may make some nice pips later
Attached Image (click to enlarge)
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  • #431,256
  • Apr 28, 2011 1:47pm Apr 28, 2011 1:47pm
Quoting PipChick
So I come back to see this:
We may make some nice pips later
We can hope!
  • #431,257
  • Apr 28, 2011 1:47pm Apr 28, 2011 1:47pm
Quoting EdgarNg
cloggie i got out of my short positions the market is flat you still holding to your longs? how come you not exiting at a resistance level @1.4826

Just curious, it came off strong.
I guess it's because his stops isn't hit yet @ 4809. That's how i sit and watch him all this while...
Make it rain baby
  • #431,258
  • Apr 28, 2011 1:48pm Apr 28, 2011 1:48pm
Quoting Venice
Got to love um.
Speaking of...how was that walk? Any talent?
  • #431,259
  • Apr 28, 2011 1:48pm Apr 28, 2011 1:48pm
Quoting cloggie
How you getting on now in muppetville?
Focusing more on trading. Improving my strategy, adding new things for entries... That's where I was lacking before. The place seems to be getting a little better, with the ups/downs of course.

edit: things are pretty easy actually. The patterns repeat over and over.
  • #431,260
  • Apr 28, 2011 1:50pm Apr 28, 2011 1:50pm
Quoting cloggie
You should see my scaling on position trading, I may end up with 30-50 entries, the dollar amount adds up quickly then. I use a different account for each position trade per pair and will margin out the account entirely during the scaling in. I call them all-in positions.

for winners its the way to go dont leave any pip lose ,each one cover the next till theres no juice in it
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