GFT is a good broker, I like very much they platform DealBook360 I'm using them as well, but not for scalping 'cos of the spread (no discount)

The System II (Yes with irony)

e/u — ... as for me it's a typical reaction after the price smashed previous high of a day, so, retesting of recent fractal support is ... very normal lets see what this b***ch is gonna do next ... forgotten to mention, after the big green ...

The System II (Yes with irony)

... actually the S/L should be @ 1.4230 - low of this swing, but ATR is showing only about 20-22 pips so, 20 pips S/L is good enough for me, ... trading (especially scalping) has to be as simple as possible.

The System II (Yes with irony)

e/u — ... now long with a standard 20/21 ...

The System II (Yes with irony)

Occasionally I have a look on other markets, but this doesn't make any influence on my decisions when scalping EUR/USD ... I thing so.

The System II (Yes with irony)

Not me, I'm out with 10 pips in red ... re: post #2957 with edition to it

The System II (Yes with irony)

I checked again, it was 1.4257 (1.42570 - five digit) spread 8 at the time, which is 0.8 pip, max. price 1.42561 so, it was really very close, much closer then it looks on the chart. What's your broker spread?

The System II (Yes with irony)

20 pips above entry, was very ... very close OK, I'm out ... don't like the current price action ...

The System II (Yes with irony)

... now it's much better, but ready to close if this happens again ...

The System II (Yes with irony)

I'm short to from 1.4237 ... looking for exit ... it's really ugly ...

The System II (Yes with irony)

... bloody hell, how you gonna survive till London close or later? do you like my new "news indi" - I really needed something beeping and flushing on my boring chart ... so far, it cost me a one missed trade (middle part of this nice up-swing) ...

The System II (Yes with irony)

...can't get earlier than this... - what's a time in L.A.? - must be a middle of night.

The System II (Yes with irony)

G'day fxachilies, I'm already in long trade from a lower level (previous swing) ... Sydney close is often funny to trade 'cos it usually makes opposite move to open, I hope, this time it will not be a case ... OK, ... I'm out, target 21 pips ...

The System II (Yes with irony)

Stop-Loss — My approach to stop-loss, when scalping EUR/USD of 5 min. time-frame is rather very simple, 'cos I like simplicity in trading. #1. generally 20/21 rule, 20 pips stop-loss / 21 pips target, risk/reward ratio 1:1 plus 1 pip for ...

The System II (Yes with irony)

Hi Paul, yes, it was less than 30-40 pips and it was a new swing (starting of New York open) but very often, there isn't enough time to calculate number of pips, if you concentrating on the price action. For my it was clear at the time, ... price ...

The System II (Yes with irony)

Maverick3 — Hi Maverick3, Nice to see you here, ... not 6 only 2-3 pips away from a breakout

The System II (Yes with irony)

O, well ... not so perfect, but not bad at all, ... if I'm not wrong just looking on the account ... it's about ... 12 maybe 15k more then in Monday morning

The System II (Yes with irony)

e/u — OK, now the market wonts to go south, so be it ...

The System II (Yes with irony)

e/u — I've miss-out on this reversal entry due to posting, but nothing lost, now in brackets ... ... market choose long, there isn't any momentum for now ...

The System II (Yes with irony)

moneda — Very good idea, I'll elaborate about my approach to this subject over a week-end, ... promise

The System II (Yes with irony)