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The Fool replied Jun 13, 2009Haha I showed my kid (17yo) how to do scalping and he was able to hit winners most of the time as long as he traded my defaults which limit tp to 5 pips in the right conditions. But he has a job at a golf range, drivin the little cart that picks up ...
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The Fool replied Jun 13, 2009Pre-School is over — Well, after 6 weeks in live trading I feel like I am just about ready to pack my Spiderman lunchbox and go out all by myself to the end of the driveway and wait for the big yellow schoolbus to take me to first grade. First ...
EURUSD
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The Fool replied Jun 13, 2009Hi ak. That's what I'm tryin to figger out. I'll let you know if I get anywhere. I did hear a man on the Bloomberg radidio the other day and he said $ will be at $1.48 by end of the year. He sounded right smart, too...
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The Fool replied Jun 13, 2009I run a civil engineering consulting business in WA state, just a small shop, doing a mix of public sector and private sector work. In the last 2-3 years I have had about $2 mio worth of private sector (commercial and residential real estate) ...
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The Fool replied Jun 12, 2009Good call. I have been trying to watch for those latter day Fridays.
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The Fool replied Jun 12, 2009Thank you, Atlast. 1/2 lots I figure represent <0.5% of account per trade so pretty conservative. I am looking forward to increasing entry size but at the same time I am trying to be very wary of greed, that snake in the grass...
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The Fool replied Jun 12, 2009Thank you, toshi. I am not meaning to brag but simply want to get the word out on something that works & is relatively easy and safe. I will continue to try trading all time frames but as long as I can scalp this way on the FO/LO I will. Looking ...
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The Fool replied Jun 12, 2009OK, 2 hours, $640 (> +10% of account), all half lots, 1 loser out of about 15 or so for -$5, nothing more than 16 pips. Small pips add up & scalping works. I'm out. Happy pipping everyone.
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The Fool replied Jun 12, 2009M1 (confirm on M5 & M15), BB(20, 2.5), multi entries, try to let the well-placed ones run. 15-pip, "emergency" sl never gets hit. Scalping in the direction of my longer-term bias, in this case short - but, will turn & go both ways if it looks like a ...
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The Fool replied Jun 12, 2009Well this has been a BB bounce wetdream. I'm up $500+ in 1.5 hr and $500 is my FO/LO target. I might play one more set short off the whole...
EURUSD
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The Fool replied Jun 12, 2009One hour, 8 half-lot short scalps, all 4-12 pips, $337. Missed the run down from .4085, Damn! I had some from above .4100 that I coulda shoulda let run. Oh well.
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The Fool replied Jun 12, 2009Yeah, when those H&S's start to animate & talk to ya its probly time for bed. I had one earlier this week I coulda sworn was Mr. T. "Get outta this trade sucka. I pity The Fool..." Antway, 3 half-lotshort bouncers played in 20 min. for $97.
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The Fool replied Jun 12, 2009I been thinkin bout startin' one called "Easy Winners" to highlight high-probability trades for small pippage. BB bounce would be one.
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The Fool replied Jun 12, 2009I wouldn't be surprised if this thing ranged in a 40-pip tube until NY open. I'm gonna play the BB bounce for 5-pip winners & see how much I can make in an hour. Good luck all.
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The Fool replied Jun 12, 2009If I stretch the (2.5, 20) BB just right on my M15 chart it looks just like a T-Rex with his mouth open. I gotta believe that's a bearish sign.
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The Fool replied Jun 12, 2009Shooooot...when I start talkin about mean reversion strategies and currency/commodity price correlations I can't keep the hotties offa me.
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The Fool replied Jun 12, 2009I am waiting for some juice in the PA so I can start scalping. Does anyone know anything about these German/French econ announcements coming up in the next hour or so - are they good for any kind of bounce...?
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The Fool replied Jun 11, 2009Back! Back off dammit everybody I saw her first..... Hey, what's your name darlin'? Come here often? I'm a Pisces....hmm, can I buy you a tankerload of crude?
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The Fool replied Jun 11, 2009Or we might say: My name is don Pancho I live on el rancho I make just five dollars a day. I go see Miss Lucy She give me some p____ She take my five dollars away. Ay Dios miooo! Ain't that terrible?
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