One a day. — Hi folks, Here is this morning, the previous move was passed up as the spread was around 7 pips, and at London open it shifted to 4.8 (not a big difference I know but could be detrimental ..) Perhaps it's time to take up golfing ? ...

Linuxtroll Simple Scalping

Great question. I find it's always best to use a wider stop than you ever intend to allow to get hit, this will help you keep your relative safety, focus and sanity while trading. The key is to recognise the wave going against your entry ASAP and ...

Linuxtroll Simple Scalping

Possums and Woodchucks — "Possums are relatively easy to catch. They go for the fruit, they get caught, and then, when the trapper approaches the trap, the possum simply plays dead. It plays dead because that’s the best defense mechanism that ...

Linuxtroll Simple Scalping

Lending/Borrowing Rates — Here's a link that will help you calculate the daily borrowing/lending rates for a given currency. url If you really want a killer carry trade- the ultimate would be Euro/Turkish lira This is a friggin ATM trade, I ...

Major Pair Interest Rate

Don't forget to chew before you swallow

USDCAD trend reversal?

E-book purchased as show of support.

Linuxtroll Simple Scalping

My entries are purely in the 5 sec TF. The 30 sec is important to determine some things.... and if the general momentum is weak or strong or dead. To me more information is always better I can trade it with just the 5 sec.. but I would have less ...

Linuxtroll Simple Scalping

GMT+2. Glad you found it useful

Linuxtroll Simple Scalping

Some ideas — Hello people. Here are my ideas about this method and this is how I see and use it. Thanks to all the people in the thread and Linuxtroll. Bob.

Linuxtroll Simple Scalping

Thanks bud.

the best books for learning

New Market Wizards - Jack Schwager Trading in The Zone - Mark Douglas Trend Trading - Darryl Guppy Reminiscences of a Stock Operator - Edwin Lefevre

the best books for learning

My bad. You're welcome.

Linuxtroll Simple Scalping

I dont think the point is to catch huge moves, it's to have a set target and reach it. If you want 50 pips, take 50 pips and stop, if 50 pips = 10%.. what could be better than that compounding week after week after week? Overtrading is the real ...

Linuxtroll Simple Scalping

Looks like perfect rainbow riding. I think thats exactly the way it was intended. Congrats. But remember there are some EXTREMELY volatile times like yesterday during rate decision and NY open at the same time. It's best to wait for dust to settle ...

Linuxtroll Simple Scalping

hhahaha I'm not coming back to this thread.

USDCAD trend reversal?

It's not going anywhere, even after such crappy NFP figures. That's what bobblong is thinking mw .. lol. But my condolences to all bulls that got buried today, you had it coming. Will only be considering any kind of position in timeframes 1hr or ...

USDCAD trend reversal?

After some frustration... — After some 2 weeks of beating myself up on how to properly use the rainbow.. I had some sort of AH HAH! moment and managed to rake in 8% with 1 minor loss in between london open and now, about 3 or 4 trades. Using ...

Linuxtroll Simple Scalping

What explains it? Well consider that this pair has been BEARISH for 2 years straight so any upmove is just a spike until you see a strong uptrend for a considerable amount of time. Also oil prices went up due to supply problems in the US so that ...

USDCAD trend reversal?

Well it seems I was wrong, at least for now....

USDCAD trend reversal?

USD/CAD ? Looks like it's going to continue ranging like a bitch as it has been doing. The fact that it may get to 1.0560 does not indicate direction of any kind to me. I'm not even trading the pair right now. That's 40 pips from open... hmm? Most ...

USDCAD trend reversal?