so asian session is quite busy for the Euro..range has extended and caught me by suprise.. I think its going to retrace back to where it was prior to the fall.. seeing as that it has found a floor here and unable to move forward for now.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

Welcome Aboard -- make sure that you confident and ready to go when you fund the larger account! Feel free to share your plays and ideas

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

It comes to.. time of day -- trend direction -- momentum. Things need to line up. So if the trend is bearish.. if this Support area has been tested and not broken before and its a session with momentum in it.. then need to grab the break. Now you ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

update — I'm fishing right now on the euro..market is trading sideways.. its range trading between..low 1.2950 in the session and high/open 1.2986 -- I'm in for 10 pips run and then come back during london.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

Thank you, Seems like the scalpers are either a dieing breed or going into the shadows. The market is so choppy now that scalping/short term trading/day trading is the way to go.. Long term with so many uncertainty, its like trying to gamble your ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

Hey, salaam In this case, I mean trading a break.. I think for a beginner trading a break would be easier then trying to trade a range. In the example, the S/R are not key level once so the moves upon those breaks would be smaller, but for a scalper ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

I have booked 10 pips -- a bit below my goal.. But, I am going to look for re-entry into this position again upon a dip.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

trading strategy — image So here is a crappy drawn image of.. a simple Scalp Strategy very simple.. all you do is.. Use a Momentum indicator in this case.. its MACD.. you can set it to the same values.. I have it.. Then next step is Plot S/R ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

so we are roughly 8 pips away from my objective right now.. Lets see what happens next! Update: So we're trading now.. 1.2878-1.2880 we have another hour. and 50 mins before Asian session begins.. 10 pips is not unrealistic for it to achieve before ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

more information — Now while on on this educating training people mode.. The most 2 important things in trading.. for me are.. Consistency.. and Accuracy. #1 Consistency... If you are not consistent.. then how are you suppose to?! get ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

I just want to point out that.. I am wrong at times.. I am not a psychic.. nor do I have crystal balls.. but notice what I do.. I try to put myself near S/R points for example.. 1.2858 is a support point.. I've gotten in at 1.2870.. thats 12 pips.. ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

first I hear ya.. I've been doing this for so many years.. When I started back in 2001.. after losing few grand my first week.. I vowed to never give up on this.. here we are now lol! Damn stubborn nature, but after years, I finally achieved full ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

Goal achieved, made 80 pips for a nights trading in total. I'm crashing now, happy trades to everyone, cya after nap time.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

My money is on 1.2950 -- reason 1 real money bids are at 1.2910.. profit taking will happen and people will load up on longs news aside.. elevator will take it back up to at least 1.2950ish right now. *loaded up*

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

After not well digested comments for the euro caused it to almost go 100 pips down in an hour..pre and post..possible pull back to at least 1.2950 before US session? Any thoughts

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

a lot of great moves this early in the London session.. great money opportunites! Hope you guys are catching them.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

I watch shipping wars, and I'm like thank god. I am full time trader, cause I'd hurt people, in that industry.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

I'll post a simple easy strategy that can be used to scalp, with enough discipline and practice can be easily applied.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

Thats a good session, start of London session gives good intital move(s).. also 9-11 Am EST -- NY Session. What I like in Asian session is the clear direction and New Zeland and Aussie is good to play based on news because is usually very one sided, ...

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays

Also on a diffrent note, a scalp can be defined not by the pips, but by the amount of time spent on the trade, essentially to be in and out of the market at shortest period grabbing some pips with you.

Scalpers Lounge: for scalpers to share thoughts, ideas, and plays