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Scalp all the way...

  • #121
  • May 18, 2015 4:18am May 18, 2015 4:18am
Quoting Sorento
Hi Funk, of what use is the bollinger bands and what is the settings.
Standard settings.
  • #122
  • May 18, 2015 7:41am May 18, 2015 7:41am
Quoting FunkThatPunk
{quote} It is a pair I am comfortable and mainly the indicator at present only works on this pair.

I'm not criticizing you at all for that choice. It's probably the best pair for short term scalp trading.
  • #123
  • May 18, 2015 7:42am May 18, 2015 7:42am
Quoting jmtini
{quote} I'm not criticizing you at all for that choice. It's probably the best pair for short term scalp trading.
No it's fine... no harm done.
  • #124
  • May 18, 2015 10:23am May 18, 2015 10:23am
Quoting FunkThatPunk
{quote} No it's fine... no harm done.

With the indi I'm using, GU also works very well. It's a volatile trading pair - not quite as volatile as GJ but moves quickly - which is what a scalper wants and of course the spread is lower
  • #125
  • May 18, 2015 1:16pm May 18, 2015 1:16pm
Attached Image


Ok as you can see, a SELL day all day long.

I am way over trading as I want to grow the account quickly.

Did some crappy trades at work,, but also some good ones.

You will see the inverted PIN BAR and the hour did not close and I took a buy, but hedged out some positions and came out with a profit. But I should not have taken a buy here... should have trusted the indication of price.

I should have sold as we made highs, here is a 5 min to show.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 22 KB
  • #126
  • May 18, 2015 1:19pm May 18, 2015 1:19pm
Quoting FunkThatPunk
{image} Ok as you can see, a SELL day all day long. I am way over trading as I want to grow the account quickly. Did some crappy trades at work,, but also some good ones. You will see the inverted PIN BAR and the hour did not close and I took a buy, but hedged out some positions and came out with a profit. I should have sold as we made highs, here is a 5 min to show. {image}

Still... it's a big growth today... congrats...
  • #127
  • May 18, 2015 1:24pm May 18, 2015 1:24pm
Quoting tradeforlife
{quote} Still... it's a big growth today... congrats...
Cheers... see how we get on tomorrow.
  • #128
  • May 18, 2015 1:27pm May 18, 2015 1:27pm


Wow... I never thought that people would read anything I write - first time ever!

Attached Image
  • #129
  • May 19, 2015 3:08am May 19, 2015 3:08am
Left the bloody laptop at home, so no more trading today... but I am up, should have held on longer to that as GBPJPY has plummeted another 40 pips, but like I say, always take some, than leave some on the table.
  • #130
  • May 19, 2015 4:15am May 19, 2015 4:15am
Please funkthatpunk, set up a mam/pamm account please lets invest in your talent, its a bad feeling watching you make all these money alone, am ready to pay 50% of the profits you make on my behalf
Buying the currency being demanded Selling that being supplied
  • #131
  • May 19, 2015 5:15am May 19, 2015 5:15am
Quoting FunkThatPunk
Left the bloody laptop at home, so no more trading today... but I am up, should have held on longer to that as GBPJPY has plummeted another 40 pips, but like I say, always take some, than leave some on the table.
Had to Skype with the wife and get laptop on and see indicator... I have hit the target that I was after... 100%!
  • #132
  • May 19, 2015 5:17am May 19, 2015 5:17am
Quoting Financier
Please funkthatpunk, set up a mam/pamm account please lets invest in your talent, its a bad feeling watching you make all these money alone, am ready to pay 50% of the profits you make on my behalf
Financier... I am thinking of what to do at the moment... please watch this thread for updates, etc! I do not have time to write big posts today until I get home.
  • #133
  • May 19, 2015 5:36am May 19, 2015 5:36am
Quoting FunkThatPunk
{quote} Financier... I am thinking of what to do at the moment... please watch this thread for updates, etc! I do not have time to write big posts today until I get home.
Nice job so far, mate. I can see you grab some big pips today.
  • #134
  • May 19, 2015 5:37am May 19, 2015 5:37am
Good Job so far mate... keep going.....
  • #135
  • May 19, 2015 5:53am May 19, 2015 5:53am
Quoting FxLapozi
{quote} Nice job so far, mate. I can see you grab some big pips today.
Thanks mate... you not done too bad... I am chasing you, lol.
  • #136
  • May 19, 2015 5:53am May 19, 2015 5:53am
Quoting tradeforlife
Good Job so far mate... keep going.....
Thanks mate!
  • #137
  • May 19, 2015 6:57am May 19, 2015 6:57am
Quoting FunkThatPunk
{quote} Thanks mate... you not done too bad... I am chasing you, lol.
You will definitely make it more and way faster than me since you scalp.
  • #138
  • May 19, 2015 7:24am May 19, 2015 7:24am
Quoting FxLapozi
{quote} You will definitely make it more and way faster than me since you scalp.
A important thing which Funk did is starting with a good size account balance so that one can rake off a healthy amount on one scalp.

Unfortunately I'm in the couple of hundred dollar category!
  • #139
  • May 19, 2015 7:34am May 19, 2015 7:34am
Quoting jmtini
{quote} A important thing which Funk did is starting with a good size account balance so that one can rake off a healthy amount on one scalp. Unfortunately I'm in the couple of hundred dollar category!
Is okay mate. Small account can grow big. What is important is your trading mentality and technicality aspect. These 2 cannot be taught.

I believe you can grow yours as much as Funk did. Have faith
  • #140
  • May 19, 2015 7:50am May 19, 2015 7:50am
Quoting FxLapozi
{quote} You will definitely make it more and way faster than me since you scalp.
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What strat are you using, swing? Equity curve is lot better than mine.
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