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Edgetrader replied Jul 12, 2009Nice post here 'Professor'. First off, Friday's are NOT the best trading days. Still, it is easily seen that the methodology has merit. Yes, it is all in 20/20 hindsight, however, that is what we normally use to develop a trading plan. Simple ...
C4 Scalping
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Edgetrader replied Jul 12, 2009This template may help a few. It has Ventana, SM Trix, Trix already on it. Also, some light reading for those who care. Many have seen this before but it is still a worthwhile reference for trading. Numbers 5 and 21 are inapplicable to this method ...
C4 Scalping
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Edgetrader replied Jul 12, 2009That is indeed a fine indicator 'SM'. It is an excellent addition to a traders toolbag for later. I think what is best is that these folks initially get some college level work done first and learn to use the base trix as a detonator first. It would ...
C4 Scalping
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Edgetrader replied Jul 12, 2009Nope. Am not going to be a grade school teacher and put unruly children in time outs. Everyone is (or should be) well beyond that now. This will be a higher education setting. You can come to the scheduled class initially, get the gist of the ...
C4 Scalping
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Edgetrader replied Jul 12, 2009As I mentioed in post #1, NO template is being furnished as I prefer everyone start from ground zero and build a chart they find visually conducive to working with. Best to take 10 minutes and build your own chart and save it as your template. Pick ...
C4 Scalping
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Edgetrader replied Jul 11, 2009Hey Chris, I admit that from a thread followers perspective, having me call trades would be a huge advantage. However, nobody learns anything from that. You only learn by doing, the more you do the more proficient you become, the more proficient you ...
C4 Scalping
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Edgetrader replied Jul 11, 2009Good example of a professional here. Tex 'reads' the first post and takes in the information provided. Then, he posts charts clearly addressing an issue with spreads in a pair and isolates appropriate TP target pricing. BTW, it easily was a +10 ...
C4 Scalping
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Edgetrader replied Jul 11, 2009Have reviewed your chart and think we can do a little work here. Want to make sure of the TIME aspect first of all. Unless I am mistaken, the time is before 1100 GMT that this setup presented itself. If so, We already know that would be 'verboten'. ...
C4 Scalping
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Edgetrader replied Jul 11, 2009It will not be allowed to veer as I will only give it a couple of weeks at best in order to decide whether to stick with it or not. Am just looking for a few individuals who can trade, or at least show an aptitude for the business. Once done with ...
C4 Scalping
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Edgetrader replied Jul 11, 2009Hey Snakeman, There is no anomosity derived from your posting. In the end, I think that taking a few pips worth $100-$300 each is a pretty pure scalp. What I have presented here is only meant to ascertain if there are some who have ability to trade ...
C4 Scalping
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Edgetrader replied Jul 11, 2009I do not mind the skeptics as we do indeed live in a cynical world. Lets address your concerns further here. It is very early in the thread and not one trade has been taken since its inception. As such, the method is neither viable nor disproved. It ...
C4 Scalping
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Edgetrader replied Jul 11, 2009You bet. Taking the rest of the weekend off. Have edited front page to insure indi's have proper settings. Lets get ready to rumble!!!!!!!!!
C4 Scalping
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Edgetrader replied Jul 11, 2009It is discretionary, however, if PA will allow a 5m candle to close first then that is a much better trade setup. You can review MANY of my trades in the EU/GB thread and see that I enter late quite often myself. I would not put too much emphasis on ...
C4 Scalping
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Edgetrader replied Jul 11, 2009Sounds fine Chris. I trade at a specific time as mentioned. When I am done trading my own account, I will drop in and check status. Will leave it up to all you fine folks to find your footing here. Regards.
C4 Scalping
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Edgetrader replied Jul 11, 2009[quote=Dibanos;2867316] Best to trade the method for a week and judge for yourself the viability of such or not. Lots of folks in the trading industry think 30% annual return is great. It is indeed if you have 1 million dollars or so working for ...
C4 Scalping
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Edgetrader replied Jul 11, 2009I can see now that many folks backtest on those MT4 platforms. There are of course some other platforms that offer a bit more insight into a trading plans potential. Have already spent alot of time proofing up the method with trades in the EU/GB ...
C4 Scalping
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Edgetrader replied Jul 11, 2009Neat, less than 12 hours and folks cannot even agree to disagree. We have one saying the 5m is daytrading, one says backtesting does not account for spread, one seems threatened by the thread. This will last about a week. Maybe true scalping to a ...
C4 Scalping