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- 182 Results (17 Threads, 165 Replies)
- Bam Bam replied Dec 28, 2008
Patience, Discipline and Money Managment.... Patience to wait for the set up, Discipline to pull the trigger when the trade is produced. Money Management so I don’t screw myself should it go against me. Those three combinmed is my holy grail of ...
Best single characteristic of a trader?
- Bam Bam replied Dec 27, 2008
Hi Paulus. Im not trying to be a downer here, but I was running a back test on the 5m using Vhands and this latest indicator seems to repaint. Also the arrows dont seem to appear at the open of the following bar but rather at some point after it has ...
EOD -1 day hold
- Bam Bam replied Dec 13, 2008
Hey Paulus, If you post the indicator or pm it to me, I could run it on Vhands and find out whether it repaints or not, just trying to help.
EOD -1 day hold
- Bam Bam replied Sep 25, 2008
Yea so scalping isnt as easy as it looks. The last 2 days if I followed this system I would have been killed, it got rocked for losses left and right. To be successful with scalping in general I think one must know how to read and identify price ...
My EU Scalps
- Bam Bam replied Sep 24, 2008
I sometimes use it, sometimes I dont, thats why its blank. You dont need it, its more of a prefrence for me.
My EU Scalps
- Bam Bam replied Sep 23, 2008
9/23 no trades as of yet. There has been some valid setups but there was some important news out earlier. Going to wait for the market to absorb that information and calm down before I start again.
My EU Scalps
- Bam Bam replied Sep 22, 2008
For journal purposes here are 2 more valid trades, except I didnt take them becuase I wasnt around my computer. Since I wasnt around and not sure where or when I would of exited Im just going to go from signal to signal. Trade #1 Long @ 1.4802 ...
My EU Scalps
- Bam Bam replied Sep 22, 2008
That was sorta my thoughts as well but wanted to put a tight stop on this I would rather be overly cautious then not. Cant be mad at a day like today. Good luck to you and your trades!!
My EU Scalps
- Bam Bam replied Sep 22, 2008
M5 turned short, kinda iffy on this trade. Been in uptrend for a while now. Entered short @ 1.4827 Stop Loss @ 1.4871 (going to trail entry with SAR) 4:30PM SL moved to BE. Exited @ 1.4800 Profit: +27 pips ~~~~~~~~~~ # OF TRADES: 5 # OF WINS: 5 # OF ...
My EU Scalps
- Bam Bam replied Sep 22, 2008
Yes I see that as well, unfortunately Im not sure if I would have taken that signal. The main reason is Im not quite comfortable with this yet. I have not demo'd or papertraded this at all, more less just went live with it. But to answer your ...
My EU Scalps
- Bam Bam replied Sep 22, 2008
Entered based off of M1 chart. M5 was already long, waited for signal from M1. Entered @ 1.4779 Exited @ 1.4789 Profit: +10 pips ~~~~~~~~~~ # OF TRADES: 4 # OF WINS: 4 # OF LOSSES: 0 Total Pips: 88 Success %: 100%
My EU Scalps
- Bam Bam replied Sep 22, 2008
Entered based off of M1 chart. M5 was already long, waited for signal from M1. Entered @ 1.4691 Exited @ 1.4731 Profit: +40 pips ~~~~~~~~~~ # OF TRADES: 3 # OF WINS: 3 # OF LOSSES: 0 Total Pips: 78 Success %: 100%
My EU Scalps
- Bam Bam replied Sep 22, 2008
Entered based off of M1 chart. M5 was already long, waited for signal from M1. Entered @ 1.4657 Exited @ 1.4675 Profit: +18 pips ~~~~~~~~~~ # OF TRADES: 2 # OF WINS: 2 # OF LOSSES: 0 Total Pips: 38 Success %: 100%
My EU Scalps
- Bam Bam replied Sep 22, 2008
Thats exactly what I am struggling with, letting it ride or cutting it short and taking profits. I think this is more of a test to see if I can implement a longer term strategy into scalping. My thoughts on scalping are low risk to a high reward ...
My EU Scalps
- Bam Bam replied Sep 22, 2008
So my main thought for the night is this, When scalping a pair what is the desired outcome? Should it be 10 pips, 20, 30. Primarily asking becuase I am new to trading this TF. Normally I trade off of the 4HR and I know what to expect from that, but ...
My EU Scalps
- Bam Bam replied Sep 21, 2008
First ever scalp trade. So I havent back tested or forward tested this strategy, its more less I think this should work. Anyways were live now.... Short @ 1.4520 SL Set @ 1.4550 Pending Sell @ 1.4530 Pending Sell @ 1.4540 1:15AM Switching to M1 for ...
My EU Scalps
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My EU Scalps
Started Sep 19, 2008|Trading Journals|19 repliesThis is the start of my journey into the world of scalping. Only be scalping the EU off of M5 ...
- Bam Bam replied Sep 17, 2008
Here is my first trade of a new era in my trading.. Short GJ from 189.35 Stopped out at 190.69 Result -143 Ahhh what great timing on my part, lol. Oh well there will be more trades.
My boring journal
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My boring journal
Started Sep 17, 2008|Trading Journals|2 repliesWell here it is my super boring journal. I have realized that trading can be boring as all ...
- Bam Bam replied Aug 5, 2008
Trade 1 Update Closed short trade at 1.0509(-36) Trade 2 Opened long position at 1.0509 Closed long position at 1.0534 (+25) Total for week (-11)
Leap of Faith