Scalping - boon or bane? | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

scalping strategy 31 replies

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

What exactly is 'scalping' ...? 36 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Scalping 100 pips?! 3 replies

Attachments: Scalping - boon or bane?
Exit Attachments

Scalping - boon or bane?

  • #121
  • Aug 19, 2014 3:08am Aug 19, 2014 3:08am
EURUSD, M5, 2014 August 19
Scalping Short
Profit: +0.55%
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2014 August 19.jpg Size: 106 KB
  • #122
  • Aug 19, 2014 3:11am Aug 19, 2014 3:11am
Quoting Forexcube
{quote}


On this kind of trading spread cannot be more than 1 pip....
  • #123
  • Aug 19, 2014 3:13am Aug 19, 2014 3:13am
Quoting Forexcube
EURUSD, M5, 2014 August 19 Scalping Short Profit: +0.55% {image}
  • #124
  • Aug 19, 2014 3:32am Aug 19, 2014 3:32am
Quoting Forexcube
EURUSD H1, 2014 August 15 Trading some overlapping candles coulde be a great deal here & there. FXcube {image}
Hallo Forexcube!
Thank you for your threads. They are very precious to me and gradually I understand your trades. Or I think I understand the trades.
Could you explain the trades with "overlapping candles" on occasion please?
You had it briefly mentioned in the post http://www.forexfactory.com/showthre...62#post7678162
Thx romu
  • #125
  • Aug 19, 2014 3:35am Aug 19, 2014 3:35am
Quoting Forexcube
Scalping means also:" fast in, fast out", ...here & there.
Glad I found this thread I've recently come to see that if a broker allows scalping and is generous with leverage then why not develop set-ups that help you take advantage of momentum and build your equity fast?
I learnt something from the market today if you are a scalper you don't need the home run just grab some positive pips and run then wait for the next set-up.

I'd be sticking around to learn more from all the scalpers on board (the mental part, the vital part)
Attached Image (click to enlarge)
Click to Enlarge Name: SCALP.png Size: 104 KB
Let it turn and find your entry.
  • #126
  • Aug 19, 2014 3:45am Aug 19, 2014 3:45am
Quoting romu
{quote} Hallo Forexcube! Thank you for your threads. They are very precious to me and gradually I understand your trades. Or I think I understand the trades. Could you explain the trades with "overlapping candles" on occasion please? You had it briefly mentioned in the post http://www.forexfactory.com/showthre...62#post7678162 Thx romu
Hello romu
We've at H1 some overlapping candles just now.
The conception is to trade within these candles at smaller timeframes.
The actual market price seems more deep down.
In the expectation of a ranging trend it gives better probabilities for a Long now.
Hope it helps.
FXcube

EURUSD, H1, 2014 August 19
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2014 August 19.jpg Size: 85 KB
  • #127
  • Aug 19, 2014 3:52am Aug 19, 2014 3:52am
Quoting Intrepidpips
{quote} Glad I found this thread I've recently come to see that if a broker allows scalping and is generous with leverage then why not develop set-ups that help you take advantage of momentum and build your equity fast? I learnt something from the market today if you are a scalper you don't need the home run just grab some positive pips and run then wait for the next set-up. I'd be sticking around to learn more from all the scalpers on board (the mental part, the vital part) {image}
Hi Intrepidpips
Oh yes, I hope that this is the main stream of interested scalpers here, to contemplate why scalping and when, & take a part here with all the other respectful scalper & non-scalpers around here. I give some of my trades here, which could be also losses, but you could follow my thoughts which I've made about the odds, ...and I hope other do the same here in this constructive way.
Kindest regards
FXcube.
  • #128
  • Aug 19, 2014 3:53am Aug 19, 2014 3:53am
Quoting Forexcube
{quote} Hello romu We've at H1 some overlapping candles just now. The conception is to trade within these candles at smaller timeframes. The actual market price seems more deep down. In the expectation of a ranging trend it gives better probabilities for a Long now. Hope it helps. FXcube EURUSD, H1, 2014 August 19
Thank you! I understand and will watch it in the future.
  • #129
  • Aug 19, 2014 3:57am Aug 19, 2014 3:57am
Quoting Forexcube
{quote} Hello romu We've at H1 some overlapping candles just now. The conception is to trade within these candles at smaller timeframes. The actual market price seems more deep down. In the expectation of a ranging trend it gives better probabilities for a Long now. Hope it helps. FXcube EURUSD, H1, 2014 August 19 {image}
#126

..and during I've given you this answer I have make a EURUSD Long due too the fact of "overlapping candles".
This is the result from one order:

Profit: +1.70, (+0.56%)

I have choosen here the M5 time frame for scalping.

EURUSD; M5, 2014 August 19
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2014 August 19.jpg Size: 121 KB
  • #130
  • Aug 19, 2014 5:14am Aug 19, 2014 5:14am
EURUSD, Long @ 1.33472
  • #131
  • Aug 19, 2014 5:17am Aug 19, 2014 5:17am
EURUSD, M15, 2014 August 19
Overlapping Candles
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M15, 2014 August 19.jpg Size: 155 KB
  • #132
  • Aug 19, 2014 5:20am Aug 19, 2014 5:20am
do u use this system for 1min? and also us session ?
Everyday better.
  • #133
  • Aug 19, 2014 5:21am Aug 19, 2014 5:21am
EURUSD, M1, 2014 August 19
Long @ 1.33472, Exit @ 1.33491, Profit: 0.95cents (+0.31%)
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD; M1, 2014 August 19.jpg Size: 88 KB
  • #134
  • Aug 19, 2014 5:27am Aug 19, 2014 5:27am
Entry & Exit the 2nd order

Profit: +50 cents, (+0.16%)

I hope you did understand the logic.
FXcube

EURUSD, M5, 2014 August 19
EURUSD, M1, 2014 August 19
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2014 August 19.jpg Size: 94 KB
Click to Enlarge Name: EURUSD, M1, 2014 August 19.jpg Size: 89 KB
  • #135
  • Aug 19, 2014 5:30am Aug 19, 2014 5:30am
Quoting arlucad
do u use this system for 1min? and also us session ?
Hi arlucad
I give two times a "Yes" of your questions.

do u use this system for 1min?
1 min scalping trades are always linked with a more global view at 5 minutes and 15 minutes and 1H. Without taking a look at these higher timeframes I never scalp at M1.

and also us session ?
It's not a qustion which market has open. I use it at all markets, also when London & US market are closen (but then in slow motion modus).
I can manage scalping trades at all markts.
FXcube
  • #136
  • Aug 19, 2014 5:35am Aug 19, 2014 5:35am
EURUSD, Short @ 1.33523
  • #137
  • Aug 19, 2014 5:39am Aug 19, 2014 5:39am
EURUSD, H1, 2014 August 19

The market seems tallish by comparing the H1 range.
It could go several points further up.
(If so I would set more shorts. I can do this due to the fact that my swinging and long term EURUSD trades are all long actual).
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2014 August 19.jpg Size: 110 KB
  • #138
  • Aug 19, 2014 5:43am Aug 19, 2014 5:43am
Quoting Forexcube
EURUSD, Short @ 1.33523
#136

EURUSD, M1, 2014 August 19
Exit @ 1.33501, Profit: +1.10$, (+0.36%)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2014 August 19,.jpg Size: 110 KB
  • #139
  • Aug 19, 2014 5:50am Aug 19, 2014 5:50am
when saclping it's not a question of making the maximum of all possible pips.
I like to trade here & there only for several pils (0.5-3 pips). It's okay for.
The risk management is like this:
300.-$, 0.05 lot, 50 cents per pip
The risk management is to be guided by your strategyand your experience.
When you will scalp for living you need minimum a 20'000.-$ Account.
Net: +1% per day = 200.-$
  • #140
  • Aug 19, 2014 5:54am Aug 19, 2014 5:54am
EURUSD, M5, 2014 August 19
You see the market price is falling more down to the bottom side of the H1 range (compare 3137, please).
You could also wait with some of your scalping trades (when partializing) and go out here with all the rest of it.
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2014 August 19,.jpg Size: 111 KB
0 traders viewing now