Naw - I generally do it right. And by right, I don't take positions before the news, I don't straddle trade, I wait until my spread is back to normal (.3-.7 on EU), and then I follow where its going and trade pullbacks. News affords us quick profits ...

Central Banks & Big Players

I scalp, always have, always will. I firmly believe that predicting the market movement over the next 1-5 minutes is much simpler than the next 1-5 hours or especially the next 1-5 days. Not only that, but the results happen quicker (win or loss), ...

1 min scalping: Your opinion and what to look for

Finally completed the Babon Slope candles and posting them here in case anyone is interested. (Sorry 919 - I liked your color scheme so much I had to use it as well)

Daytrading/scalping with high leverage - my proven strategy

mmm...Gotta love news - quick 34 and done for the day in 14 minutes.

Central Banks & Big Players

How many instruments do you place pending orders on?

Price Action with Indicators! ~The Freebie Newbie BOLOSO System~

As taught by my mentor, the 5 minute chart with 10/21 EMAs and the 50 SMA is my higher time frame bias for my 1 minute and tick chart scalping. You can also look at Phil Nell's old thread about it -

Moving Averages Zone Trading

Sorry to be a pain, but I'm having a great deal of trouble getting candles colored based on the slope of the Babon. Unfortunately I'm well versed in programming for Ninja, but MT4 programming causes me lots of issues. If anybody had a desire to make ...

Daytrading/scalping with high leverage - my proven strategy

It looks to me that you have Babon colored candles - very cool. Any chance you would be willing to share them?

Daytrading/scalping with high leverage - my proven strategy

Somewhat similar story I suppose. While RJ wouldn't remember, I remember probably about winter of 2011, right after I joined FF, "bumping" into RJ on a few threads, including the symphony thread, and then later in a system on 10 minute charts by I ...

Genesis Matrix Trading

How long have you been trading with the Matrix/5 minute? It seems that you are having some success with it! EDIT: Question directed towards Pippicidal

Genesis Matrix Trading

I'm in the same boat except my average trade is 3.5 pips, and EU only. With recent laziness in the EU, I've been looking at some of the other currencies and trying to decipher a way that I could take some larger profits from the ones that are moving ...

Genesis Matrix Trading

Oil news Perhaps. Done for the day now: Wins - EU, AU, EJ, EA, GU, GJ (25,25,16,25,16,26 pips) Loss - EU (11 pips) ------- 122 pips Excellent system I do have to say.

Genesis Matrix Trading

I meant using Genesis in general

Genesis Matrix Trading

Why thank you Just following the rules of the system, I'm not sure why everybody doesn't trade this way!

Genesis Matrix Trading

My trades for the morning - very quick. Avoided the EU due to the GDP news. image

Genesis Matrix Trading

Nice turn off the pivot in EJ image Trend trade EU after the S1 re-test or second bounce failed. image

Genesis Matrix Trading

And another 2. Took a loss on EJ though - didn't respect the pivot, thought it would break. image image image

Genesis Matrix Trading

I trade EU using my own method, but I've been watching EA for the past week or so, and walked through old charts... it seems to always have a good trade during the US/London crossover (which is when I trade).

Genesis Matrix Trading

Simple and effective - thanks for sharing. image

Genesis Matrix Trading

Teb, thanks for the ideas. What are you typical stop losses you use trading from the H4? And how many pairs do you monitor?

TEB 5ema & 12ema and 21 RSI (MTF)