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Scalper

  • #21
  • May 13, 2013 3:08am May 13, 2013 3:08am
Quoting light786
Hi Can you please post your TMA indicator and your template please. Thanks
its only two indi my friend please make due.
Passion, Persist, Patience, Protect
  • #22
  • May 13, 2013 3:26am May 13, 2013 3:26am
Hey can you please explain your exit strategy in more detail please?

I have been following this thread and I am up 15 pips so far (15% of my account)
  • #23
  • May 13, 2013 3:29am May 13, 2013 3:29am
nice green there FXE .. how about EU ?
  • #24
  • May 13, 2013 3:30am May 13, 2013 3:30am
Quoting PipsMyRide
nice green there FXE .. how about EU ?
Eu seems to be going down more Im waiting for another long trade on it looks like its getting set up now!
  • #25
  • May 13, 2013 3:32am May 13, 2013 3:32am
Quoting dvanderlinde
Hey can you please explain your exit strategy in more detail please? I have been following this thread and I am up 15 pips so far (15% of my account)
what i have layed out is the best i can do with words... to get a good grasp of it one needs to follow my actions in the explorer account step by step.. watch the pending orders and change of stops.
Passion, Persist, Patience, Protect
  • #26
  • May 13, 2013 3:33am May 13, 2013 3:33am
Quoting PipsMyRide
nice green there FXE .. how about EU ?
i took a shot at eu and got stung for -13.. plz pay attention to the explorer.
Passion, Persist, Patience, Protect
  • #27
  • May 13, 2013 3:41am May 13, 2013 3:41am
How long have you been trading with this method?
  • #28
  • May 13, 2013 3:50am May 13, 2013 3:50am
Quoting dvanderlinde
How long have you been trading with this method?
long time..
its not a method its a skill and one gets really tested when things get rough to dig your way out.
Passion, Persist, Patience, Protect
  • #29
  • May 13, 2013 4:01am May 13, 2013 4:01am
let see how GJ perform .. practice..practice..practice !
  • #30
  • Edited 5:29am May 13, 2013 4:02am | Edited 5:29am
quick summery of my 3 trades up to now..
there has been 3 available so far and i took all 3 of them.. which is good
gu.. was good for 10-15 banked +12
ej.. good for 25 but i took about +11... there was hesitation more than i like at +12 mark so i took what was available at the plate.. but if i wanted to stick with the mac i would have had the whole enchilada.. its ok maybe i goofed up.
eu.. turned on me right away like a true fake out, so on the first mac bar candle against me i dropped the risk to -13 and was hit. I would never ever break the risk control rule. now after it done its easy to say that one could wait a bit and get out on the resume.. but i only do that when i don't get a mac against confirm. so perfectly done there. but (for learning purposes) lets say the mac bar against would have occurred one candle later.. i would have had my sl set bellow that one and would have exited for much less loss or a BE on the resume back.
Passion, Persist, Patience, Protect
  • #31
  • May 13, 2013 4:07am May 13, 2013 4:07am
Quoting PipsMyRide
let see how GJ perform .. practice..practice..practice !
patiently wait for each signal to really separate from the band.. you want to see a gap kind of a loop before making it a valid signal..
for eg.. today signals.. ej and gu where much more clear signal with solid gap between then let's say the EU..

.. and gj atm is not looking to what we want.. there is no gap.

just some live stuff to help you all to understand better.
Passion, Persist, Patience, Protect
  • #32
  • May 13, 2013 4:09am May 13, 2013 4:09am
FXE why are you exposing trades, what do you expect to gain ?
  • #33
  • May 13, 2013 4:17am May 13, 2013 4:17am
hi FXE ..
just curious .. any specific reason why only eu.ej.gu.gj pairs ?
was doing a trial by using it on usdchf just now and i am up +12pips...
cheers.
  • #34
  • May 13, 2013 4:59am May 13, 2013 4:59am
Quoting PipsMyRide
hi FXE .. just curious .. any specific reason why only eu.ej.gu.gj pairs ? was doing a trial by using it on usdchf just now and i am up +12pips... cheers.
because average daily range on these pairs are around 100+ consistently.
Passion, Persist, Patience, Protect
  • #35
  • May 13, 2013 5:02am May 13, 2013 5:02am
Quoting seaman2
FXE why are you exposing trades, what do you expect to gain ?
for better and clear learning purposes especially the flexible exit strategy.

if it really bothers you all i could remove the explorer!!.. i can care or less.
Passion, Persist, Patience, Protect
  • #36
  • May 13, 2013 5:22am May 13, 2013 5:22am
Quoting FXEmpire
{quote} for better and clear learning purposes especially the flexible exit strategy. if it really bothers you all i could remove the explorer!!.. i can care or less.
you misunderstood. I will start something similar with explorer as well. it is really cool as one does not have to document trades. Can match trade list with comments for full replay.

like your signal generators. I was thinking to use 10 sma but dont like paying premium for momentum.
  • #37
  • May 13, 2013 5:51am May 13, 2013 5:51am
Quoting FXEmpire
{quote} this is the mac i use.. {file}
what will be the setting for MACD M1 ?
macd 6,14,0 ??? or else ?
  • #38
  • May 13, 2013 6:05am May 13, 2013 6:05am
Quoting pomi
{quote} what will be the setting for MACD M1 ? macd 6,14,0 ??? or else ?
don't know, i don't trade m1.
Passion, Persist, Patience, Protect
  • #39
  • May 13, 2013 6:43am May 13, 2013 6:43am
EU being a bitch today
  • #40
  • May 13, 2013 6:52am May 13, 2013 6:52am
folks, before you get on my case.. this last trade on eu was a total accident as i traded the wrong account at much higher lot size designed for this account.. lucky i was able to get out of it for not too big of a loss but big enough for this account.
Passion, Persist, Patience, Protect
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