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  • #769,101
  • Mar 7, 2013 6:41pm Mar 7, 2013 6:41pm
Quoting stevewalker
hi kiwi

there is no trading called "scalping".
"scalping" ( @ FX ) created by brokers @ DD ( Dealing Desk ) trading days to keep traders stay away from short term trades.
this was overloading their desk & operations.

any trading including trading in spread is a trading as long trader pay for costs.
yup, but there are still high speed algos operating, targeting micro pips, they are the scurge of broker and larger fund mnagers, who along with govt / regul;ators are trying to outlaw, it is possible to see when they attack, it is at specific times albeit for very short periods, "and" they are able to micromove pa, considering it is a >5 trillion a day industry, and still able to move pa, can understand those in powers concern

mostly they are students, post grad, computor geeks, who are getting very rich very fast wish I was one, but cant even type or spell very good
I am short defending au 0290 kiwi 8335 and eu 3108 of course super tight stops and targeting 200000000 pips
If you are new to Forex? Say Goodbye to your account!!
  • #769,102
  • Mar 7, 2013 6:50pm Mar 7, 2013 6:50pm
EURUSD

D1 CT
it failed to touch Equlibrum. almost reversed from Half way @ 3700
it will reverse from max 3478 & down to 2660


W1 CT
Neck line broken
then trapped & reversed from 3700
now we should go back to circle
then up again
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  • #769,103
  • Mar 7, 2013 6:56pm Mar 7, 2013 6:56pm
morning...no move right now..its her recovery time again..
  • #769,104
  • Mar 7, 2013 7:00pm Mar 7, 2013 7:00pm
he he
good luck with your trades.

let me tell you something about HFT ( High Frequency Trading )
with retail tick/second ( average 2 tick/second ) & costs ( average 2 pips/Trade for EURUSD ) even a coder codes the smartest algo it can not make money.

whats needed to do that
- super fast internet connection
- a LMAX type 50tick/second data feed
- low cost

then whith a smart algo that can be done.
& there are algos running like that & working like slot machines.

& yes HFT may get underruled soon in US


Quoting KiwiTrada
yup, but there are still high speed algos operating, targeting micro pips, they are the scurge of broker and larger fund mnagers, who along with govt / regul;ators are trying to outlaw, it is possible to see when they attack, it is at specific times albeit for very short periods, "and" they are able to micromove pa, considering it is a >5 trillion a day industry, and still able to move pa, can understand those in powers concern

mostly they are students, post grad, computor geeks, who are getting very rich very fast wish I was one, but...
  • #769,105
  • Mar 7, 2013 7:07pm Mar 7, 2013 7:07pm
new poll
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  • #769,106
  • Mar 7, 2013 7:07pm Mar 7, 2013 7:07pm
Quoting Jesseryn
Why are most people shorting into the strong move up?
Because of their perception of the move up is not sustainable.
  • #769,107
  • Mar 7, 2013 7:08pm Mar 7, 2013 7:08pm
To predict is for slaves… To react is for kings!

show your reaction

Quoting stevewalker
new poll
  • #769,108
  • Mar 7, 2013 7:11pm Mar 7, 2013 7:11pm
Quoting Ken A
Because of their perception of the move up is not sustainable.
  • #769,109
  • Mar 7, 2013 7:12pm Mar 7, 2013 7:12pm
GM
Quoting LeeNoa
morning...no move right now..its her recovery time again..
  • #769,110
  • Mar 7, 2013 7:15pm Mar 7, 2013 7:15pm
[quote=stevewalker;6499843]he he
good luck with your trades.

let me tell you something about HFT ( High Frequency Trading )
with retail tick/second ( average 2 tick/second ) & costs ( average 2 pips/Trade for EURUSD ) even a coder codes the smartest algo it can not make money.

whats needed to do that
- super fast internet connection
- a LMAX type 50tick/second data feed
- low cost

then whith a smart algo that can be done.
& there are algos running like that & working like slot machines.

& yes HFT may get underruled soon in US[/quote]

Brits already developing policy now
If you are new to Forex? Say Goodbye to your account!!
  • #769,111
  • Mar 7, 2013 7:24pm Mar 7, 2013 7:24pm
technology got better
now HFT is called as scalping
due its overloading systems in all ways.

[quote=KiwiTrada;6499868]
Quoting stevewalker
he he
good luck with your trades.

let me tell you something about HFT ( High Frequency Trading )
with retail tick/second ( average 2 tick/second ) & costs ( average 2 pips/Trade for EURUSD ) even a coder codes the smartest algo it can not make money.

whats needed to do that
- super fast internet connection
- a LMAX type 50tick/second data feed
- low cost

then whith a smart algo that can be done.
& there are algos running like that & working like slot machines.

[b]& yes HFT may get underruled soon...
  • #769,112
  • Mar 7, 2013 7:30pm Mar 7, 2013 7:30pm
[quote=KiwiTrada;6499868]
Quoting stevewalker
he he
good luck with your trades.

let me tell you something about HFT ( High Frequency Trading )
with retail tick/second ( average 2 tick/second ) & costs ( average 2 pips/Trade for EURUSD ) even a coder codes the smartest algo it can not make money.

whats needed to do that
- super fast internet connection
- a LMAX type 50tick/second data feed
- low cost

then whith a smart algo that can be done.
& there are algos running like that & working like slot machines.

& yes HFT may get underruled soon in US[/quote]...
Also you need to operate on an exchange with no last look, Currenex does this I believe... you cannot operate sub millsecond when the bank gets last look. If you get no last look then you can bet that you have to play by their rules, meaning any arbritrage or winning you do will have the banks crying and banning you, unless you work out an agreement with them.
  • #769,113
  • Mar 7, 2013 7:35pm Mar 7, 2013 7:35pm
morning all, hey leenoa
Valar Dohaeris
  • #769,114
  • Mar 7, 2013 7:37pm Mar 7, 2013 7:37pm
those are big players
they are the banks
or they are the investors of banks

so they have the deal.

its all about using the low cost & fast & last tech
money makes money
money talks


[quote=sidhujag;6499885]
Quoting KiwiTrada

Also you need to operate on an exchange with no last look, Currenex does this I believe... you cannot operate sub millsecond when the bank gets last look. If you get no last look then you can bet that you have to play by their rules, meaning any arbritrage or winning you do will have the banks crying and banning you, unless you work out an agreement with them.
  • #769,115
  • Mar 7, 2013 7:39pm Mar 7, 2013 7:39pm
Quoting Srikandi
morning all, hey leenoa
hello..still sleepy? me too..grab some breakfast shall we?
need more energy today before eu make her movement..
  • #769,116
  • Edited 8:12pm Mar 7, 2013 7:55pm | Edited 8:12pm
curious if 3080.6 with support eu it some.. if not some dumb-ass posted a big old ass chart with 3774 and 2909 on it. i am curious if today's top is a fib..
those who can, do. those who cant, talk about those who can
  • #769,117
  • Mar 7, 2013 7:58pm Mar 7, 2013 7:58pm
Hello
Not all sins are created equal
  • #769,118
  • Mar 7, 2013 8:00pm Mar 7, 2013 8:00pm
she's testing level 3080ish, i see doji at h4, bear time?

i'll grab breakfast later leenoa, bonne appetite
Valar Dohaeris
  • #769,119
  • Mar 7, 2013 8:02pm Mar 7, 2013 8:02pm
[quote=sidhujag;6499885]
Quoting KiwiTrada

Also you need to operate on an exchange with no last look, Currenex does this I believe... you cannot operate sub millsecond when the bank gets last look. If you get no last look then you can bet that you have to play by their rules, meaning any arbritrage or winning you do will have the banks crying and banning you, unless you work out an agreement with them.
I scalped for just under 2 years 09 -10 (very stressful) 2 brokers closed my accounts out, both accepted scalping, but bastards submitted we were trading illegally, fukit I was over it anyway,we did ok but was way too stressful

agree without last look you are fuked

its just lately I notice a lot of traders say trying a little scalp, dont really think they know what scalpping is, clipping the tops and bottoms of ranges, is counterproductive, clipping tops and bottoms of rallies and dips is the same, personally if you going to range trade sell top buy bottom of range is seem silly to be just clipping when can do better grabbing atleast half the range or even try for 75%, clipping it just seems stupid, and is not what scalping is about, and if (it should be) its going with the next timeframes trend or even higher again trend, then surely it makes more sense and sanity to partial bank a decent chunk of the range, set sl to BE or offset risk and let runners get a chance for a break out / next leg

example, cable, since this years open she has dropped almost vertical for 1300ish pips, a handful of runners added throughout shit would weven make the queen fart with excitiment
short scalpers would have done ok, but lets not forget the stress of multiple entries, but still do ok, long scalpers, would have been slaughtered, over and over and over again
If you are new to Forex? Say Goodbye to your account!!
  • #769,120
  • Mar 7, 2013 8:13pm Mar 7, 2013 8:13pm
Quoting Jay Walker
Hello
hello mr walker
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