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Interactive Euro Scalping

  • #181
  • Mar 7, 2012 8:22am Mar 7, 2012 8:22am
yes would like to c u live
All trends begin with the smallest time frame
  • #182
  • Mar 7, 2012 8:26am Mar 7, 2012 8:26am
Yesterdays mid level is holding so far. It is also accompanied by a H4 S/R line. Looking to short.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 17 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #183
  • Mar 7, 2012 8:41am Mar 7, 2012 8:41am
glad I did not enter and respected the center line.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #184
  • Mar 7, 2012 8:45am Mar 7, 2012 8:45am
I'm short at 3160
Attached Image (click to enlarge)
Click to Enlarge Name: wed 3160.jpg Size: 126 KB
  • #185
  • Mar 7, 2012 8:46am Mar 7, 2012 8:46am
Exit at 3150 ish if it gets there
  • #186
  • Mar 7, 2012 8:48am Mar 7, 2012 8:48am
Ok I'm out with +10
Attached Image (click to enlarge)
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  • #187
  • Mar 7, 2012 8:54am Mar 7, 2012 8:54am
That's me done for the day, guys. 24 pips for the day and 3% account gain. All trade entries and exits I took can be seen in detail in the thread posted in realtime. And a recap zoomed out chart of today's trades are posted below.

Have a great afternoon or evening!

Roofx
Attached Image (click to enlarge)
Click to Enlarge Name: Wed recap.jpg Size: 235 KB
  • #188
  • Mar 7, 2012 8:55am Mar 7, 2012 8:55am
Quoting capstone
glad I did not enter and respected the center line.
Good decision Capstone
  • #189
  • Mar 7, 2012 9:03am Mar 7, 2012 9:03am
I would be interested in a live webcast...or you could record your screens while trading and post them on youtube...that would be very helpful.

Thanks!

Great Thread!
  • #190
  • Mar 7, 2012 9:11am Mar 7, 2012 9:11am
If I get enough interest in a live webcast I'll do some. It will be easier for me than to post charts and trade at the same time.
  • #191
  • Mar 7, 2012 9:25am Mar 7, 2012 9:25am
I would be in favor of that too. Also, Roofx, why didn't you go long at the bottom? You called it early on, but did not pull the trigger?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #192
  • Mar 7, 2012 9:31am Mar 7, 2012 9:31am
Quoting capstone
I would be in favor of that too. Also, Roofx, why didn't you go long at the bottom? You called it early on, but did not pull the trigger?
Can you show me exactly which trade you mean on a chart please?
  • #193
  • Mar 7, 2012 9:33am Mar 7, 2012 9:33am
Roofx, do you ever let the trade run?

Like when you see a reversal of trend? I call that a runner and even though I do scalp I am not afraid to let it run.
All trends begin with the smallest time frame
  • #194
  • Mar 7, 2012 9:37am Mar 7, 2012 9:37am
nearing my 1pm quit time

overall due to greek situation a very tough and choppy dax and london sessions

much movement during ny session
All trends begin with the smallest time frame
  • #195
  • Mar 7, 2012 9:41am Mar 7, 2012 9:41am
Quoting Roofx
Can you show me exactly which trade you mean on a chart please?
I was not able to get the chart, but I am referring to the double bottom at your lowest orange support line and yesterdays low. Why not go long there? This was my best trade today. It is the one I took on AU, but posted the EU chart in the thread.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #196
  • Mar 7, 2012 9:43am Mar 7, 2012 9:43am
Quoting qiktrader954
Roofx, do you ever let the trade run?

Like when you see a reversal of trend? I call that a runner and even though I do scalp I am not afraid to let it run.
No I use a fixed target when using thi method, always. A reversal of trend can't be seen until it's well in motion. So there is no way for me to predict a trend is about to reverse. I am happy scalping 5 or 10 pips per trade a few times per day with a high hit rate. It would be really nice to enter with a tight stop of -7 pips and let it run to 30+ pips but as you can see from the thread my style is to take 5-10 pips whenever there is a chance to do it and get back out of the market. I like limited market exposure. I don't want to be in a trade the next time a massive earthquake or terrorist attack happens.
  • #197
  • Mar 7, 2012 9:48am Mar 7, 2012 9:48am
Quoting capstone
I was not able to get the chart, but I am referring to the double bottom at your lowest orange support line and yesterdays low. Why not go long there? This was my best trade today. It is the one I took on AU, but posted the EU chart in the thread.
Are you talking about here?
Attached Image (click to enlarge)
Click to Enlarge Name: wed here.jpg Size: 291 KB
  • #198
  • Mar 7, 2012 9:52am Mar 7, 2012 9:52am
Quoting Roofx
Are you talking about here?
Yup.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #199
  • Mar 7, 2012 9:54am Mar 7, 2012 9:54am
The yellow support line at the very bottom was no drawn in until after it reversed because that level was not a level of recent support from the day before so the trade in the yellow circle was not a valid trade for me. I drew in the support line afterwards so that if price returnes to that level a second time I could buy as it would now be a valid support line. Where I took my trade was in the green circle because this was a nice level of support. I have drawn a green line to show the level but it extends to the previous day where the support level was created.
Attached Image (click to enlarge)
Click to Enlarge Name: wed here 2.jpg Size: 293 KB
  • #200
  • Mar 7, 2012 9:58am Mar 7, 2012 9:58am
Thanks for the reply.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
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