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FXCorrelator - Scalping system

  • #1,441
  • Jun 17, 2016 8:25am Jun 17, 2016 8:25am
gu rebuys were cheap at 75 spike 3 mins back .......
  • #1,442
  • Jun 17, 2016 8:26am Jun 17, 2016 8:26am
just hit 91.............superb
  • #1,443
  • Jun 17, 2016 8:27am Jun 17, 2016 8:27am
usd is reconfirming its bear drive now so keep in there
  • #1,444
  • Jun 17, 2016 8:27am Jun 17, 2016 8:27am
Europeans are STRONG
  • #1,445
  • Jun 17, 2016 8:34am Jun 17, 2016 8:34am
4289....nice pull back ny gbp /........rebuy
  • #1,446
  • Jun 17, 2016 8:35am Jun 17, 2016 8:35am
it needs to reject the 86 dammitttt..........wait for rejection ..........
  • #1,447
  • Jun 17, 2016 8:38am Jun 17, 2016 8:38am
nope............not convinced and clock ticking EU better rebuy prospect so far
gu 4th in priority queue for me re pairs
  • #1,448
  • Jun 17, 2016 8:39am Jun 17, 2016 8:39am
here they all come .............eu spiked 66 to 74 in 2 mins
  • #1,449
  • Jun 17, 2016 8:42am Jun 17, 2016 8:42am
4282 the gu again .ok this looks promising fo a buy
  • #1,450
  • Jun 17, 2016 8:43am Jun 17, 2016 8:43am
Quoting NVP
4282 the gu again .ok this looks promising fo a buy
89 already .........
  • #1,451
  • Jun 17, 2016 8:43am Jun 17, 2016 8:43am
now tight tight tight ....this is R level s
  • #1,452
  • Jun 17, 2016 8:44am Jun 17, 2016 8:44am
1278 the EU now ..that dude is doing business !!!
  • #1,453
  • Jun 17, 2016 8:45am Jun 17, 2016 8:45am
Quoting NVP
89 already .........
93 spike ...........keep tight
  • #1,454
  • Jun 17, 2016 8:46am Jun 17, 2016 8:46am
euro having a great bull session here ............bring it dude
  • #1,455
  • Jun 17, 2016 8:47am Jun 17, 2016 8:47am
Quoting NVP
89 already .........
93 spiked now retreating ..........this is scalping .....if you experienced scalpers didn't get an easy 5 there you need shooting ........
  • #1,456
  • Jun 17, 2016 8:48am Jun 17, 2016 8:48am
usd bear for over 40 mins ........most usd pairs have offered pips .....some more than others though
N
  • #1,457
  • Jun 17, 2016 8:49am Jun 17, 2016 8:49am
do you know what its all about gang ?
Timing .............
  • #1,458
  • Jun 18, 2016 12:19am Jun 18, 2016 12:19am
in responding to another thread on performance - jees i'm a tough taskmaster !!!
I can only mainly talk forex experience in recent years but what most traders miss when benchmarking their performance is what was POSSIBLE in the market vs their performance ...
eg a trader shows me that they made on average 30-40 pips a day on the London morning session this week............. (avg say 4hours a day trading)
do I praise them or kick them in the butt ?
depends on the day !!.....and what the market offered vs what they took............
some days that was pretty ok as market was choppy.........other days when the dynamics were in full motion I would have expected 30-40 pips PER PAIR traded for that period of time scalping
so they get a reprimand
N
  • #1,459
  • Jun 18, 2016 12:25am Jun 18, 2016 12:25am
Quoting NetTecture
With a good selection of different types of strategies and various markets - "something should work all the time".

And it is trivial to trade 50 strategies each in 10 markets. Yes, you have to come up with them, but a decent computer and an infrastructure written for handling many strategies (sadly most are not - ridiculous if you ask me) have no problem running 500 strategies 24/7.


For a human, handling a significant number totally separate strategies is simply not possible.
100% agree here ............so I have a lot of algo support that set me up to then trade manually"..................sorry I havnt got the major money to invest in the algo systems that give 100% assurances on relaiability ....that's the big bank/hedgefund domains.........if anyone 100% trusts their (or someone elses) homegrown EA in this retail sector then you are being very naïve .............they can and will fail eventually ...........and excuses don't pay the rent when they fail

N
  • #1,460
  • Jun 18, 2016 12:28am Jun 18, 2016 12:28am
Quoting babyjake1961
Martingale will blow your account no matter what.
remember BJ...........its not martingale that will fail you .......its the system the martingale is being used on
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