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Scalping 20+ trades per day

  • #21
  • Sep 7, 2011 8:58am Sep 7, 2011 8:58am
Got bored and got to go. So...

out EY 57
+2 x 4 = 8 pips

Result for the day: +80 pips.

Slow day, only 15 trades, but good profits. See you tomorrow.
If you're not part of the solution then you're part of the problem.
  • #22
  • Sep 7, 2011 9:57am Sep 7, 2011 9:57am
Quoting majorusa
l EU 1.40972 08.11 GMT
hey at this time i see a bar with 1.4065 open and 1.4064 close on the EURUSD??
  • #23
  • Sep 7, 2011 10:05am Sep 7, 2011 10:05am
Quoting majorusa
If the price is moving against me I look for the next area and add to the position creating a better average for the moment when the price will turn.
Sorry i dont really understand, are you saying when long and prices go against you, you double your position at a lower level then wait for prices to turn back up?

or double your risk at another area?
  • #24
  • Sep 7, 2011 10:36am Sep 7, 2011 10:36am
It is not martingale. I am not doubling the position. I add same entry lot size to the position at specific levels. My goal is to stay in a reasonable amount of pips distance from the current price.

As with regard to the price here is from server:
"Order BUY xxxx EUR/USD @ MKT is sent at 2011-09-07 08:11:57.486 GMT manually
Order FILLED at 1.40972 USD."
There might be a difference in time between Dukascopy and your platform.
If you're not part of the solution then you're part of the problem.
  • #25
  • Sep 8, 2011 1:59am Sep 8, 2011 1:59am
Good morning.

My bias today is still long on EU, AU and GU but with GU I will se what will happend after London open.
If you're not part of the solution then you're part of the problem.
  • #26
  • Sep 8, 2011 2:20am Sep 8, 2011 2:20am
l GU 28 07.19 GMT
If you're not part of the solution then you're part of the problem.
  • #27
  • Sep 8, 2011 2:37am Sep 8, 2011 2:37am
l EU 68 07.36
If you're not part of the solution then you're part of the problem.
  • #28
  • Sep 8, 2011 2:40am Sep 8, 2011 2:40am
out GU 40 +12 pips 07.39
If you're not part of the solution then you're part of the problem.
  • #29
  • Sep 8, 2011 2:46am Sep 8, 2011 2:46am
l GU 27 07.45
If you're not part of the solution then you're part of the problem.
  • #30
  • Sep 8, 2011 3:11am Sep 8, 2011 3:11am
out EU 78 +10 pips 08.11

My attempt at 80 was not filled.
If you're not part of the solution then you're part of the problem.
  • #31
  • Sep 8, 2011 3:18am Sep 8, 2011 3:18am
L EU 73 08.18
If you're not part of the solution then you're part of the problem.
  • #32
  • Sep 8, 2011 3:26am Sep 8, 2011 3:26am
L EJ 86 08.25
If you're not part of the solution then you're part of the problem.
  • #33
  • Sep 8, 2011 3:36am Sep 8, 2011 3:36am
out GU36 +9pips 08.35
If you're not part of the solution then you're part of the problem.
  • #34
  • Sep 8, 2011 4:15am Sep 8, 2011 4:15am
Missed the EU exit at +9. Greed!
If you're not part of the solution then you're part of the problem.
  • #35
  • Sep 8, 2011 4:41am Sep 8, 2011 4:41am
I am taking a break. This is how it looks now: +31 pips in balance and two positions open.
Attached Image
If you're not part of the solution then you're part of the problem.
  • #36
  • Sep 8, 2011 4:46am Sep 8, 2011 4:46am
Hi Major, can you say how you determine your daily bias?
I am following very closely today, very interesting, thanks.
  • #37
  • Sep 8, 2011 5:05am Sep 8, 2011 5:05am
Sure. I am looking on D H4 and H1. Let's look on EU D1. was rejected by the 233 ema twice. It looks like the channel is still holding.

Still I do not understand what is with this low volatility.
If you're not part of the solution then you're part of the problem.
  • #38
  • Sep 8, 2011 5:28am Sep 8, 2011 5:28am
ad EJ 67 10.27

av 77
If you're not part of the solution then you're part of the problem.
  • #39
  • Sep 8, 2011 5:29am Sep 8, 2011 5:29am
add EU 53 10.29

av 63
If you're not part of the solution then you're part of the problem.
  • #40
  • Sep 8, 2011 5:46am Sep 8, 2011 5:46am
add ej 53 10.45

av 69
If you're not part of the solution then you're part of the problem.
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