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  • #567,301
  • Nov 29, 2011 11:03am Nov 29, 2011 11:03am
Quoting FXMastermind
WOW!
lol
  • #567,302
  • Nov 29, 2011 11:03am Nov 29, 2011 11:03am
Quoting forexings
There was no opportunity to make over 100 pips per order.
What remain the market was scalp or gambling
So you must be a long term or trend trader. I guess I understand why you would consider the market more of a gambling environment. I must tell you however, for the day trader or scalper, the patterns have been extremely predictable.

If it's not your comfort zone to trade in the short term then I suppose you're right by staying on the sidelines. It's funny. I find your approach too risky for my blood. At least I'm not very good at it.
Taigen Profit This Month: na
  • #567,303
  • Nov 29, 2011 11:07am Nov 29, 2011 11:07am
Quoting forexings
Your broker allow this type of scalp?
any broker allows this, you just need to take the spread. If you are scalping and your spread is 1, every time you make a trade you lose 2. Since you buy and sell.

Only smart scalpers and high volume smart-asses get the full pot, I'm not one of them.

The point is that as a retail trader, you should be 'reasonable predictable'

And since I'm a small guy, I'm reasonable.
  • #567,304
  • Nov 29, 2011 11:10am Nov 29, 2011 11:10am
Quoting forexings
There was no opportunity to make over 100 pips per order.
What remain the market was scalp or gambling
Really?
  • #567,305
  • Nov 29, 2011 11:13am Nov 29, 2011 11:13am
Quoting Taigen
So you must be a long term or trend trader. I guess I understand why you would consider the market more of a gambling environment. I must tell you however, for the day trader or scalper, the patterns have been extremely predictable.

If it's not your comfort zone to trade in the short term then I suppose you're right by staying on the sidelines. It's funny. I find your approach too risky for my blood. At least I'm not very good at it.
Short-term trading considered as scalp which is not more than 30-50 pips.
Current E/U condition not signaling any clear direction for 100+ pips. If anyone try to make 100 pips from here he must take 40-60 risk which is gambling.
You cannot learn better without losing
  • #567,306
  • Nov 29, 2011 11:14am Nov 29, 2011 11:14am
Quoting FXMastermind
What about a bet of a good red wine bottle you canīt do it (= achieve 150 pips per day using this single strategy for letīs say a full month) to motivate you, I am motivated enough seeing 190 winners in a row you bastard

It is still work in progress, hence the runs on demo. I will keep working on this till next summer before I can even contemplate taking a bet like that one.
  • #567,307
  • Nov 29, 2011 11:19am Nov 29, 2011 11:19am
Quoting forexings
Short-term trading considered as scalp which is not more than 30-50 pips.
Current E/U condition not signaling any clear direction for 100+ pips. If anyone try to make 100 pips from here he must take 40-60 risk which is gambling.
:o...
  • #567,308
  • Nov 29, 2011 11:20am Nov 29, 2011 11:20am
Quoting Pipbumper
any broker allows this, you just need to take the spread. If you are scalping and your spread is 1, every time you make a trade you lose 2. Since you buy and sell.

Only smart scalpers and high volume smart-asses get the full pot, I'm not one of them.

The point is that as a retail trader, you should be 'reasonable predictable'

And since I'm a small guy, I'm reasonable.
No need to be smart for scalp. Heavy buy/sell in M1, M5, M15 combination or closing to support/resistance gives the chance to scalp.

And you are talking about spread, right? Anyway, many brokers don't allow scalp/hedge.
You cannot learn better without losing
  • #567,309
  • Nov 29, 2011 11:21am Nov 29, 2011 11:21am
Quoting forexings
Short-term trading considered as scalp which is not more than 30-50 pips.
Current E/U condition not signaling any clear direction for 100+ pips. If anyone try to make 100 pips from here he must take 40-60 risk which is gambling.

Just because you can't see it, doesn't mean they aren't there.
  • #567,310
  • Nov 29, 2011 11:22am Nov 29, 2011 11:22am
Quoting forexings
Anyway, many brokers don't allow scalp

What parallel universe do you live in.
  • #567,311
  • Nov 29, 2011 11:23am Nov 29, 2011 11:23am
Ah well, Europe closed, that's it for me.

Done enough poking for one day. Muppets used to give us a bit of a fight, nowadays they roll over and die on the first attempt.


Where's encroyable and his public @rskissing this afternoon, doesn't he have a few more to ream to get himself some more muppetvouches? He must have one the size of the mont blanc tunnel by now.
  • #567,312
  • Nov 29, 2011 11:24am Nov 29, 2011 11:24am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Quoting forexings
There was no opportunity to make over 100 pips per order.
Really??
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  • #567,313
  • Nov 29, 2011 11:26am Nov 29, 2011 11:26am
Quoting cloggie
What parallel universe do you live in.
May be better than your imagination
You cannot learn better without losing
  • #567,314
  • Nov 29, 2011 11:28am Nov 29, 2011 11:28am
Quoting forexings
Short-term trading considered as scalp which is not more than 30-50 pips.
Current E/U condition not signaling any clear direction for 100+ pips. If anyone try to make 100 pips from here he must take 40-60 risk which is gambling.
I think I said that.
Taigen Profit This Month: na
  • #567,315
  • Nov 29, 2011 11:30am Nov 29, 2011 11:30am
Quoting cloggie
Just because you can't see it, doesn't mean they aren't there.
They were there but both. You already saw many fake moves today, right?
You cannot learn better without losing
  • #567,316
  • Nov 29, 2011 11:35am Nov 29, 2011 11:35am
Quoting forexings
They were there but both. You already saw many fake moves today, right?
5 tradable setups this week. 3 today including the one we just had now which I didn't take. You said you use s/r, Look closely on 5 min chart. Fake move? That was an opportunity.
  • #567,317
  • Nov 29, 2011 11:38am Nov 29, 2011 11:38am
Quoting pkimnyc
5 tradable setups this week. 3 today including the one we just had now which I didn't take. You said you use s/r, Look closely on 5 min chart. Fake move? That was an opportunity.
No...... The only place to check real moves are 10Sec charts.
The Thief of Wall Street
  • #567,318
  • Nov 29, 2011 11:40am Nov 29, 2011 11:40am
Took +20pips as price rejected upper trend line lol.
  • #567,319
  • Nov 29, 2011 11:40am Nov 29, 2011 11:40am
Quoting pkimnyc
5 tradable setups this week. 3 today including the one we just had now which I didn't take. You said you use s/r, Look closely on 5 min chart. Fake move? That was an opportunity.
Well, what shows in M5 chart? Go for 50 pips?
You cannot learn better without losing
  • #567,320
  • Nov 29, 2011 11:40am Nov 29, 2011 11:40am
Quoting Chicky
No...... The only place to check real moves are 10Sec charts.
I'm not at that level yet buddy.
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