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  • #638,521
  • May 2, 2012 2:52pm May 2, 2012 2:52pm
Quoting attila


I meant, the info is known by the banks ahead of time..
Hi attila,

May i ask how i can measure momentum properly while scalping. I do not have problems with levels but i can't be sure about the momentum and which indicator to use.

Thanks in advance.
  • #638,522
  • May 2, 2012 2:52pm May 2, 2012 2:52pm
Quoting pips-scout
I think that trading on the larger time frame is the best option as it removes the risk of being hit by spikes by quite a lot.
I sit and watch the charts over every weekend and I am amazed on how well the larger time frame kind of respect the supports.
I am convinced that it is best to trade without the news as it is all in the charts, basically if I could read the chart well enough They would be telling me that they know that the news is coming so relax.
@pips-scout:

Exactly
  • #638,523
  • May 2, 2012 2:53pm May 2, 2012 2:53pm
with a large account you can hold anything as long as you want --
but the the small traders will thank you a lot for your shorts...



Quoting HDA
@Attila:

We are in the middle of the battle zone - the bottom of the battle zone starts at 1.3110 - so lets see what happens, but patience is a virtue and my charts say to HOLD

Either way - lets both make money out of this and buy something nice.
failure is not an option.
  • #638,524
  • May 2, 2012 2:54pm May 2, 2012 2:54pm
Quoting HDA
I think you are being silly there.
HDA has made it clear what he was doing with his trades.
Remember no money is lost till the trade is closed.
He is not a scalper.
@pips-scout:

Focus on your trading - you are here to make money and learn, maybe even make a friend - who knows - but focus on your trading, your charts and learn as much as you can.[/quote]

You are right I first want to learn, what I am aiming is develop the feel and then I want to make money, for the moment I am addressing all my mistakes that have caused me to lose money, chief above all impatience leading to over trading.
someone said something here the other day even the most powerful predator looks for the weakest prey.
  • #638,525
  • May 2, 2012 2:55pm May 2, 2012 2:55pm
Quoting Avir
I think you are being silly there.
HDA has made it clear what he was doing with his trades.
Remember no money is lost till the trade is closed.
He is not a scalper.
Ture[/quote]

@Avir:

Focus on your trading - you are here to make money and learn, maybe even make a friend - who knows - but focus on your trading, your charts and learn as much as you can.

Sorry pips-scout: wrong trader
  • #638,526
  • May 2, 2012 3:04pm May 2, 2012 3:04pm
what do you guys think?
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  • #638,527
  • May 2, 2012 3:08pm May 2, 2012 3:08pm
Quoting HDA
Ture
@Avir:

Focus on your trading - you are here to make money and learn, maybe even make a friend - who knows - but focus on your trading, your charts and learn as much as you can.

Sorry pips-scout: wrong trader[/quote]

Thanks, i am going to pop out for an hour or so,BBL, my Trades r going ok, i am still under water - in fact for the past three weeks, i am few K's in red still but been scalping and made more than what i am in red now - still i am holding my shorts.
GL cya
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #638,528
  • May 2, 2012 3:11pm May 2, 2012 3:11pm
Quoting pips-scout
what do you guys think?

Bear flar or pullback in a rising channel,
impossible to say yet.
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You can remain irrational longer than you can remain solvent.
  • #638,529
  • May 2, 2012 3:13pm May 2, 2012 3:13pm
HDA, Are you still remaining SHORTS? =)) Learning your style now. Patient
  • #638,530
  • May 2, 2012 3:14pm May 2, 2012 3:14pm
Quoting Rockerzeus
Hi attila,

May i ask how i can measure momentum properly while scalping. I do not have problems with levels but i can't be sure about the momentum and which indicator to use.

Thanks in advance.
I'm an RSI freak.. here's a post.

http://www.forexfactory.com/showthre...si#post5521717

I watch each and every curl of it, and where it happens, and what pattern if forms..
  • #638,531
  • May 2, 2012 3:15pm May 2, 2012 3:15pm
Quoting Avir
@Avir:

Focus on your trading - you are here to make money and learn, maybe even make a friend - who knows - but focus on your trading, your charts and learn as much as you can.

Sorry pips-scout: wrong trader
Thanks, i am going to pop out for an hour or so,BBL, my Trades r going ok, i am still under water - in fact for the past three weeks, i am few K's in red still but been scalping and made more than what i am in red now - still i am holding my shorts.
GL cya[/quote]

@Avir:

Understood
  • #638,532
  • May 2, 2012 3:16pm May 2, 2012 3:16pm
Quoting jezek5
Bear flar or pullback in a rising channel,
impossible to say yet.
It is difficult to predict this kind of market. Better to stay sidelines.
When Scalpers win, I lose and Vice varsa...
  • #638,533
  • May 2, 2012 3:17pm May 2, 2012 3:17pm
Looking for shorting opportunity at H4 200 sma (resistence) at 1.31830/1.31750.

1.31830 also happens to be on 38 fibo.
  • #638,534
  • May 2, 2012 3:18pm May 2, 2012 3:18pm
I'm allways with my signal .......now long
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The market was bullish, turned bearish, and you'are brokish!!!
  • #638,535
  • May 2, 2012 3:19pm May 2, 2012 3:19pm
Quoting Unknownpips
Looking for shorting opportunity at H4 200 sma (resistence) at 1.31830/1.31750.

1.31830 also happens to be on 38 fibo.
For me, 3200-3210 is a shorting zone. I would better wait till London open.
When Scalpers win, I lose and Vice varsa...
  • #638,536
  • May 2, 2012 3:25pm May 2, 2012 3:25pm
Quoting jezek5
Bear flar or pullback in a rising channel,
impossible to say yet.
Hi this is what I noticed.What do you think?
Attached Image (click to enlarge)
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  • #638,537
  • May 2, 2012 3:29pm May 2, 2012 3:29pm
Quoting pips-scout
Hi this is what I noticed.What do you think?
will be goning downnnn for sure..what U think..
The market was bullish, turned bearish, and you'are brokish!!!
  • #638,538
  • May 2, 2012 3:31pm May 2, 2012 3:31pm
Quoting FXThug
will be goning downnnn for sure..what U think..
I had the 3rd line there already and it predicted that fall today. not sure if it will go all the way to the low 3000 area but it is a strong possibility.
  • #638,539
  • May 2, 2012 3:31pm May 2, 2012 3:31pm
Quoting Itrade24h
OHHH i had thought that you was a trader that live in Portugal and have a mentorship program that promotes in facebook
Nope, i'm not but now i am curious.. can you send me the link so i can check it please?

Saint
  • #638,540
  • May 2, 2012 3:33pm May 2, 2012 3:33pm
Quoting attila
I'm an RSI freak.. here's a post.

http://www.forexfactory.com/showthre...si#post5521717

I watch each and every curl of it, and where it happens, and what pattern if forms..
try the dt rsi its in the yard u will like
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