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  • #675,961
  • Aug 6, 2012 7:34am Aug 6, 2012 7:34am
Quoting mercy seat
Every trade that lasts longer than 60 seconds until covered again is per definition not scalping anymore ...
I know many who don't believe that

Swissy (FXSwissTrader) considers scalping 50-100 pips.

IMO that's a swing trade, but we all have our own definitions I guess
Be hopeful in a winning position, and fearful in a losing position.
  • #675,962
  • Aug 6, 2012 7:34am Aug 6, 2012 7:34am
Quoting Rag2RichesFX
I know you said you don't care, but was trying to show you.

Whatever.

You have a sour attitude so I am putting you on ignore.

chap try and look at it from our point of view....

you are new to FF and you come here saying you trade with a tiny SL - and on top of that those trades are fades......

now experienced traders know that even if you hit some overall your account will be crucified.

I trade for a living I have been there, seen it and done it..... my trades are very accurate, but I can't and I don't know anybody that does use such a small SL and makes money....

there are many blaggers come on here, and the conspiricy theorists will also tell you that brokers setup accounts on here to encourage people to do daft things.......

so as an experienced trader I will call you out on it because even if you can do it - it can't be done over and over without getting burned and that's not a good thing to promote......
  • #675,963
  • Aug 6, 2012 7:34am Aug 6, 2012 7:34am
I'm lordshong
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,964
  • Aug 6, 2012 7:35am Aug 6, 2012 7:35am
BUY LIMIT 1.2220
  • #675,965
  • Aug 6, 2012 7:37am Aug 6, 2012 7:37am
such a boring day, this thing doesnt want to move.
i hate trading these past few months. No trends, nothing. Just strange moves when Bernanke farts or Mario wears a blue tie.
Pointless.
  • #675,966
  • Aug 6, 2012 7:37am Aug 6, 2012 7:37am
Quoting MaxDoom
chap try and look at it from our point of view....

you are new to FF and you come here saying you trade with a tiny SL - and on top of that those trades are fades......

now experienced traders know that even if you hit some overall your account will be crucified.

I trade for a living I have been there, seen it and done it..... my trades are very accurate, but I can't and I don't know anybody that does use such a small SL and makes money....

there are many blaggers come on here, and the conspiricy theorists will also tell you that...
Totally agree with you, with the only exception of GatorInLa, he's highly successful and very often hits it right to the pip.
He's a man with more patience than I have ever seen here
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,967
  • Aug 6, 2012 7:39am Aug 6, 2012 7:39am
Quoting Afarensis
Look H&S on H1 ...maybe it is going down....
  • #675,968
  • Aug 6, 2012 7:41am Aug 6, 2012 7:41am
Quoting KillerWhale
Totally agree with you, with the only exception of GatorInLa, he's highly successful and very often hits it right to the pip.
He's a man with more patience than I have ever seen here
I've seen how a snake catches and eats a rat, that's the way Gator trades.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,969
  • Aug 6, 2012 7:44am Aug 6, 2012 7:44am
Quoting KillerWhale
I've seen how a snake catches and eats a rat, that's the way Gator trades.
Agree Gatroinla, is possibly one of the most level headed trader on this forum. No BS..straight up trading with reasons.
  • #675,970
  • Aug 6, 2012 7:46am Aug 6, 2012 7:46am
I haven't read too much into circle trading, and have done more of it through trial-and-error, but I am noticing a few things about them.

Some circles, I notice, only take up a quadrant. Others take up two. Maybe price will take two here. (Bernanke speaks around the time price should complete the second quadrant.)

1M
Attached Image (click to enlarge)
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Play the players, not the cards.
  • #675,971
  • Aug 6, 2012 7:46am Aug 6, 2012 7:46am
Quoting MaxDoom
chap try and look at it from our point of view....

you are new to FF and you come here saying you trade with a tiny SL - and on top of that those trades are fades......

now experienced traders know that even if you hit some overall your account will be crucified.

I trade for a living I have been there, seen it and done it..... my trades are very accurate, but I can't and I don't know anybody that does use such a small SL and makes money....

there are many blaggers come on here, and the conspiricy theorists will also tell you that brokers...
point taken. i wasn't advocating anything, just simply posting my trades and then people questioned them.

i do position trade as well... i wouldn't limit myself to only scalping

i agree you get burned alot, but the times you don't get burned it is worth it (all that matters is that you are winning more pips than losing on these trades, preferably twice as much on winners, if not, dont use this strategy)

i also have a 5 (5.7) pip stop scalp as well, which gets hit a lot less. it's not always 2 pips from entry.

no offense taken or anything, i just dont like the aggressive attitude people took over that. people seem to love to tell other peple how to trade. i never told anyone here they should try the trades I try.

But if you have any experience in the market you know there are indicators that do often bounce from the pip exactly, because everyone is using it. If the RR is there for me, I will try the trade.

for me it was extreme rsi, bearish divergence, 1m bollinger band, and near 1.24 handle, take profits were the MAs
Be hopeful in a winning position, and fearful in a losing position.
  • #675,972
  • Aug 6, 2012 7:49am Aug 6, 2012 7:49am
Quoting Rag2RichesFX
I know many who don't believe that

Swissy (FXSwissTrader) considers scalping 50-100 pips.

IMO that's a swing trade, but we all have our own definitions I guess
Doesn't matter if believe or not ...

There are definitions ...

I don't google for you ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #675,973
  • Aug 6, 2012 7:50am Aug 6, 2012 7:50am
My read is he will not drop a hint today about any situation other than a possible regurgitation of the things look bleak in world economy, we will slow a little, we are keeping an eye.

The fallout IMO should lead us down, the way the news has been playing out past few days we should see the better RR side move. Which I think would be bears who entered possibly at 2420 levels with the TL resistance level on Weekly @ 1.2455 as a stop.

The general risk in EUR/USD is high past few days without significant pay-off would rather play around with other pairs for now.
  • #675,974
  • Aug 6, 2012 7:52am Aug 6, 2012 7:52am
Quoting Rag2RichesFX
point taken. i wasn't advocating anything, just simply posting my trades and then people questioned them.

i do position trade as well... i wouldn't limit myself to only scalping

i agree you get burned alot, but the times you don't get burned it is worth it (all that matters is that you are winning more pips than losing on these trades, preferably twice as much on winners, if not, dont use this strategy)

i also have a 5 (5.7) pip stop scalp as well, which gets hit a lot less. it's not always 2 pips from entry.

no offense taken or anything,...

no worries
  • #675,975
  • Aug 6, 2012 7:57am Aug 6, 2012 7:57am
Oh, you can. My SL is the spread when I scalp, so it is possible.. I said I'm not posting here, but couldn't resist. This is a subject close to my heart. Pip perfect entries ARE possible.

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  • #675,976
  • Aug 6, 2012 7:59am Aug 6, 2012 7:59am
Quoting attila
Oh, you can. My SL is the spread when I scalp, so it is possible.. I said I'm not posting here, but couldn't resist. This is a subject close to my heart. Pip perfect entries ARE possible.

Attachment

welcome back
  • #675,977
  • Aug 6, 2012 7:59am Aug 6, 2012 7:59am
Quoting attila
Oh, you can. My SL is the spread when I scalp, so it is possible.. I said I'm not posting here, but couldn't resist. This is a subject close to my heart. Pip perfect entries ARE possible.

Attachment
Thank you Attila
  • #675,978
  • Aug 6, 2012 8:01am Aug 6, 2012 8:01am
Quoting MaxDoom
welcome back
eh... I don't know. Thanks man..
  • #675,979
  • Aug 6, 2012 8:02am Aug 6, 2012 8:02am
Let's try this: long @2387, tp R1 DP 2460, trailing sl 9 pips to be moved up if it goes carries on
  • #675,980
  • Aug 6, 2012 8:03am Aug 6, 2012 8:03am
Quoting attila
Oh, you can. My SL is the spread when I scalp, so it is possible.. I said I'm not posting here, but couldn't resist. This is a subject close to my heart. Pip perfect entries ARE possible.

Attachment
worth risking 5 pips to make 15 isn't it? Or potentially a lot more if this goes to retest 1.2440.

I covered 2417 short at 2380
Be hopeful in a winning position, and fearful in a losing position.
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