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  • #442,541
  • May 16, 2011 6:42am May 16, 2011 6:42am
Quoting PayTheLimit
still....
a correction to 4500 zone can happen to form the right should == check pa in that area .... it will give a better shorting option.
  • #442,542
  • May 16, 2011 6:44am May 16, 2011 6:44am
Quoting PayTheLimit
still....
stay happy

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  • #442,543
  • May 16, 2011 6:46am May 16, 2011 6:46am
Quoting hindustani
a correction to 4500 zone can happen to form the right should == check pa in that area .... it will give a better shorting option.
correction its 4400 zone not 4500 zone
  • #442,544
  • May 16, 2011 6:47am May 16, 2011 6:47am
Quoting ndsouz
im short on euro..with stoploss at the days high.. anywone with me ?
Pretty much, looking forward to see 1.39 by the end of the week.
Don't get mad, get even!
  • #442,545
  • May 16, 2011 6:47am May 16, 2011 6:47am
3800 9 hours
Founder of Sutherland Wave Principle
  • #442,546
  • May 16, 2011 6:51am May 16, 2011 6:51am
Quoting PayTheLimit
still....
imo 1.25-2520 is crucial. lets see
  • #442,547
  • May 16, 2011 6:51am May 16, 2011 6:51am
Quoting suthmo
3800 9 hours
when does it start, effective now?
Look Sharp/Trade Tight
  • #442,548
  • May 16, 2011 6:58am May 16, 2011 6:58am
Quoting hindustani
if 4 hour is pointing down i sell only = single side trades ; wait for 4 hour to regroup then continue the same thing.

trading silver has a better win ratio than trading fibre or cable

adding position

or

1 single trade in/out

or

in/out all the time...
  • #442,549
  • May 16, 2011 7:00am May 16, 2011 7:00am
Quoting Larseg
adding position

or

1 single trade in/out

or

in/out all the time...
always 1 position ; in out ; i got 1 myself ; in out in out .....
  • #442,550
  • May 16, 2011 7:08am May 16, 2011 7:08am
Quoting Larseg
adding position

or

1 single trade in/out

or

in/out all the time...
in forex and specially in scalping it is never advised risking more than 1 position ; and definitely no hedging ; the smaller the position is the easier it is to get out if there is a red. ; effectively all that matters is number of pips collected in a day not the position size.
  • #442,551
  • May 16, 2011 7:12am May 16, 2011 7:12am
Quoting hindustani
in forex and specially in scalping it is never advised risking more than 1 position ; and definitely no hedging ; the smaller the position is the easier it is to get out if there is a red. ; effectively all that matters is number of pips collected in a day not the position size.
Good point man, I'd like to exchange tips and strategies, if that's cool. Send me a pm when you get a chance.
  • #442,552
  • May 16, 2011 7:13am May 16, 2011 7:13am
Quoting hindustani
in forex and specially in scalping it is never advised risking more than 1 position ; and definitely no hedging ; the smaller the position is the easier it is to get out if there is a red. ; effectively all that matters is number of pips collected in a day not the position size.

yes, its the overall average in pips which matters. If a positive expectancy is presented, advanced money management rules can apply..

If there is a negative expectancy nothing in the world can make it profitable...

gambling 101
  • #442,553
  • May 16, 2011 7:15am May 16, 2011 7:15am
can be wrong with my scalps at times, but then forex and war are the same thing ; u have to fight to win.
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  • #442,554
  • May 16, 2011 7:16am May 16, 2011 7:16am
Hi, if anyone is trading EUR/USD using short term/M1/scalping please pm me I need some advice/help/tips/suggestions. This thread is great but I think I'd do better IMing or chatting to exchange tips. PM me please
  • #442,555
  • May 16, 2011 7:21am May 16, 2011 7:21am
Quoting Kn1vez
Hi, if anyone is trading EUR/USD using short term/M1/scalping please pm me I need some advice/help/tips/suggestions. This thread is great but I think I'd do better IMing or chatting to exchange tips. PM me please

You were registered here in 2006, you have to know something by now?

or have you been on the sideline?
  • #442,556
  • May 16, 2011 7:23am May 16, 2011 7:23am
Quoting Kn1vez
Hi, if anyone is trading EUR/USD using short term/M1/scalping please pm me I need some advice/help/tips/suggestions. This thread is great but I think I'd do better IMing or chatting to exchange tips. PM me please
learn to trade 1 hour consistently for 3 months, then step by step reduce the time frame till you find yourself comfortable with 5 min or 1 min ; if you jump directly from a 50 storey building expecting to fly .............
  • #442,557
  • May 16, 2011 7:26am May 16, 2011 7:26am
Quoting Larseg
You were registered here in 2006, you have to know something by now?

or have you been on the sideline?
Well, I have not been trading full time, and also changed to an ECN broker so the whole flow is different.
  • #442,558
  • May 16, 2011 7:27am May 16, 2011 7:27am
Quoting Larseg
You were registered here in 2006, you have to know something by now?

or have you been on the sideline?
I have registered in 2007. That does not mean that I have been following the market or this forum regularly since then. Maybe he/she just changed the trading style/approach and wants some feedback...
Omne principium grave
  • #442,559
  • May 16, 2011 7:28am May 16, 2011 7:28am
after that move placed stop at BE so i do not get caught in something .... will close depending on pa.

if i start posting all my scalps, i would be spending more time posting than trading ; so normally i just trade.
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  • #442,560
  • May 16, 2011 7:28am May 16, 2011 7:28am
Quoting PayTheLimit
seems like USD/CHF might take a crack at a mofu test first, will look to buy against 8865 if I get a chance...
bought some for a 100pip rally......
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Look Sharp/Trade Tight
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