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Scalp, scalp, scalp

  • #4,061
  • Jan 5, 2016 7:51am Jan 5, 2016 7:51am
Quoting diceman555
certainly a little buying comming in
yes, it might be worth getting involved in on 1M with tight sl
As Above, So Below
  • #4,062
  • Jan 5, 2016 7:53am Jan 5, 2016 7:53am
Quoting diceman555
certainly a little buying comming in

yes,but I prefer to remain sideline as it is a retracement which often doesn't suit me.

I will go short at top @ 85-90 area probably
  • #4,063
  • Jan 5, 2016 7:54am Jan 5, 2016 7:54am
Quoting anwaarkhan
{quote} yes,but I prefer to remain sideline as it is a retracement which often doesn't suit me. I will go short at top @ 85-90 area probably
yes,

you must remember im a scalper foremost
  • #4,064
  • Jan 5, 2016 7:57am Jan 5, 2016 7:57am
stop moved to -4 pip,if she dosnt break the range on this hit ill watch open
  • #4,065
  • Jan 5, 2016 7:59am Jan 5, 2016 7:59am
it will go up...
  • #4,066
  • Jan 5, 2016 8:11am Jan 5, 2016 8:11am
though it was tough competition,yet I moved price bit up for you..
  • #4,067
  • Jan 5, 2016 8:12am Jan 5, 2016 8:12am
stop b/e 76
  • #4,068
  • Jan 5, 2016 8:15am Jan 5, 2016 8:15am
It seems that bulls took control as there is doji or morning start candle formed on h4 as per my little candlestick knowledge.
  • #4,069
  • Jan 5, 2016 8:15am Jan 5, 2016 8:15am
Quoting anwaarkhan
though it was tough competition,yet I moved price bit up for you..
thanks a

it has not had the injection i would have liked and cross market still flat

holding for moment
  • #4,070
  • Jan 5, 2016 9:01am Jan 5, 2016 9:01am
did u get short at 90 A
  • #4,071
  • Jan 5, 2016 9:06am Jan 5, 2016 9:06am
No Man,
I missed it because I was looking at other pairs..That's my biggest problem I dont rely on single pair.

Did ya?
  • #4,072
  • Jan 5, 2016 9:09am Jan 5, 2016 9:09am
Quoting anwaarkhan
No Man, I missed it because I was looking at other pairs..That's my biggest problem I dont rely on single pair. Did ya?
no i took 13 pips from my long ,back long at 59
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  • #4,073
  • Jan 5, 2016 9:23am Jan 5, 2016 9:23am
stopped -7

play with fire somtimes you get burnt
  • #4,074
  • Jan 5, 2016 9:32am Jan 5, 2016 9:32am
Quoting diceman555
stopped -7 play with fire somtimes you get burnt

To me,Scalping is like playing a fire.
  • #4,075
  • Jan 5, 2016 9:59am Jan 5, 2016 9:59am
Quoting anwaarkhan
{quote} To me,Scalping is like playing a fire.
ha ha yes it can be A,

BUT IT CAN BE VERY REWARDING

its all about the levels you trade from,that 60 level gave two very good trades with over 3/1 rr,the 3rd was a loss with minus 7,for sure if you can guage the market stall point at given levels you have very limited risk.its also a good early entry for longer t/f trades ,i tend to switch from scalps to early entry trades when the larger t/frames suggest.the values of related pairs can be a very forward indication of such trades.

certainly not ever bodies way ,horses for coarse,s
  • #4,076
  • Jan 5, 2016 10:15am Jan 5, 2016 10:15am
Quoting diceman555
{quote} ha ha yes it can be A, BUT IT CAN BE VERY REWARDING its all about the levels you trade from,that 60 level gave two very good trades with over 3/1 rr,the 3rd was a loss with minus 7,for sure if you can guage the market stall point at given levels you have very limited risk.its also a good early entry for longer t/f trades ,i tend to switch from scalps to early entry trades when the larger t/frames suggest.the values of related pairs can be a very forward indication of such trades. certainly not ever bodies way ,horses for coarse,s

Good.
I personly like scalping because It is the tool if one wants to grow account rapidly.
It is also good for people who trade with low budget.

so what strategy you use for scalping ?
and on which pairs nad time frames and indicators etc.
  • #4,077
  • Jan 5, 2016 1:34pm Jan 5, 2016 1:34pm
Quoting toppo qqq
Hi diceman, Nice trades, always. Have never traded spread betting myself, but it looks very interesting. May I ask a question here? You may have already disclosed but despite quite a bit of reading of your past posts, I have not yet encountered the answer. My question is, what are the colored horizontal lines (levels) drawn on your chart? Do you draw them manually or are they indicator based? Seems you trade around those lines, although your trades are not shown (marked) on charts and therefore I am only guessing. Additionally, you lately...
1
hi sorry late reply.

The horizontal lines are average price per individual t/f.example red is the average weekly,the upper red and lower red is the averaged extension,i use monthly,wkly,daily,4 hour and 1 hour.

The fans are similar but obviously closer to price,they are calculated using the lead candle from range.they are forward ,hence they fan forward .i look for these to converge with the larger t/f.s.they represent were interest is clustering ie orders ect,the extensions will be the next range ,futer average price.all my trades are based on these,scalps ,swings.

i have written a lot in my journal on this.it would take many pages to explain the detail.

regards
  • #4,078
  • Jan 5, 2016 1:41pm Jan 5, 2016 1:41pm
Quoting anwaarkhan
{quote} Good. I personly like scalping because It is the tool if one wants to grow account rapidly. It is also good for people who trade with low budget. so what strategy you use for scalping ? and on which pairs nad time frames and indicators etc.
i only trade cable and ft100,i prominently trade from 15 min ,1 min and quotes.my tools are my averages and there potentials ,
i use the the value changes from my basket posted a few posts ago to determine the flows,range,synce,ect
  • #4,079
  • Jan 6, 2016 12:04am Jan 6, 2016 12:04am
long gbpaud @ 2.0540 free trade now as SL moved to BE.
  • #4,080
  • Jan 6, 2016 2:01am Jan 6, 2016 2:01am
Quoting anwaarkhan
long gbpaud @ 2.0540 free trade now as SL moved to BE.
Also long on Gold @182.50
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