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- howard replied Feb 16, 2007
EA — Thank you Skyline for the great job
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 16, 2007
Rules — 1-Establish the direction of the opening trade: a-if the previous daily bar was green go long on the open of the new bar b-if the previous daily bar was red go short on the open of the new bar c-if the three previous daily bars were ...
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 14, 2007
That is correct, it is what I am doing 100 pips PT any direction whether straight or stopped and reversed; if PT not hit, close at the end of the day or carry into next day if you want to re-enter.
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 14, 2007
Direction — Hi Scrat Did you go long or short on the open this morning?
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 14, 2007
ATR — Your reading of ATR does not seem to be correct, it should read around 70 pips
The Daily Fozzy Method
- howard replied Feb 13, 2007
Direction — In one of his posts above, TK said that he would be going short on the next open at 00-00 GMT and long the day after.
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 12, 2007
Doji — I would go in the direction of the bar prior to the doji, TK has not mentioned anything on this so far.
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 12, 2007
Futures — There ARE futures contracts for GBP/USD on Globex, but NONE for GBP/JPY, unfortunately.
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 12, 2007
Gbp/jpy — GBP/JPY Friday's bar on my chart was green, this means trend up and today's trade was Buy. Different brokers, different servers and different daily closes, that is the problem
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 12, 2007
Thanks TK That makes sense, and entering the trades becomes much easier
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 12, 2007
Gbp/jpy — Friday was in fact an up day, green candle.
Part Time Wealth Building Trading System - Weekly Scalping
- howard replied Feb 12, 2007
Daily bars — Hi TK On some platforms the daily bars close at 10pm GMT(5pm EST), on some they close at 11pm GMT(6pm EST) and on some at 12pm GMT(7pm EST). This question is particularly important for the daily scalping method, when you say enter ...
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 9, 2007
Today' result — Gbp/usd= +100 Gbp/jpy= -50-50+100=00
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 8, 2007
Results — Daily system trades for the past 2 days: Wednesday: G/U= -5 G/J= +100 Thursday: G/H=+100 G/J=+100 I set a 100 target for each
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 7, 2007
Gbp/usd — I was not in the trade but as I see GBP/USD should not have hit the stop as yet, on the other hand GBP/JPY has had a good run.
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 7, 2007
Stops — Thanks for clarifying
Part Time Wealth Building Trading System - Daily Scalping
- howard replied Feb 7, 2007
[quote=tkimble;210084] I did not mean the indicator SAR , I meant if you are using a 40 pip stop or a 50 pip stop for GBP/JPY in your trades which if hit, you reverse the position at the same time, this action constitutes a SAR. I know the glory of ...
Part Time Wealth Building Trading System - Daily Scalping