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- Roofx replied Mar 9, 2012
Another quick note guys, when I mentioned blood pressure. Something I notcied is the bigger your accout grows and more volume you are trading the more you have to work to keep your stress levels down. When each trade starts to be a potential risk of ...
Interactive Euro Scalping
- Roofx replied Mar 9, 2012
But no trades for me today. On normal days it's NVNG - Nothing Ventured Nothing Gained But on NFP it's NVNL - Nothing Ventured Nothing Lost. Or NVSGMHABPIDO - Nothing Ventured Still Got My House And Blood Pressure Is Doing Ok.
Interactive Euro Scalping
- Roofx replied Mar 9, 2012
And the only other trade I'd have been interested in would be this one. A bounce off Wednesday's low after sideways market indicates the big drop from NFP is losing energy. Entry would have been about 4 pips above that lower yellow line for a nice ...
Interactive Euro Scalping
- Roofx replied Mar 9, 2012
Today's review: I didn't trade today as it was NFP and just too risky for my methods. I hate risk so I try to keep it to a minimum. But if it wasn't NFP or if you were feeling brave, here are the trades you could have taken using the Roofless ...
Interactive Euro Scalping
- Roofx replied Mar 9, 2012
Morning guys, No trading from me to day on this NFP (Not For Pipping) day. Too frisky for our tight stops in this game! Instead think of NFP as your day to sleep in, go for a mid morning swim or a walk on the beach. We work our bums off so remember ...
Interactive Euro Scalping
- Roofx replied Mar 8, 2012
I'm staying out of this market for the moment guys.
Interactive Euro Scalping
- Roofx replied Mar 8, 2012
TraderJF thanks for joining in the discussion. with 3 years of scalping under your belt your ideas and contributions will be great to hear. Yes a multi-timeframe approach is useful. I always begin by checking the M5 chart and M15 and seeing what's ...
Interactive Euro Scalping
- Roofx replied Mar 8, 2012
Tricky going! You managed to get some pips though so goog work my friend!
Interactive Euro Scalping
- Roofx replied Mar 8, 2012
Last night before bed I took a look at the upcoming news and decided either I wasn't going to trade today or I would keep my risk low because there was so much news, one after another all morning until 10.30 and I hate those days. Lookng over this ...
Interactive Euro Scalping
- Roofx replied Mar 8, 2012
I know! We got to the promised land in the end and the air here is crisp and the sky is clear!
Interactive Euro Scalping
- Roofx replied Mar 8, 2012
Good morning guys! I'm late to the party today because I somehow managed to scratch my eye during my sleep and was up half the night bathing it in water. I must have bee scalping the Yen in my dreams and got over excited. I'm looking at my charts ...
Interactive Euro Scalping
- Roofx replied Mar 7, 2012
Ok if we get 6 or 7 people interested in a webinar type thing I will set one up some time soon and hopefully you guys can see what I am looking at more easily in real time.
Interactive Euro Scalping
- Roofx replied Mar 7, 2012
I mark out lines where price has either rejected quite sharply once or bounced off twice or more. It's really just standard support and resistance. When price returns to these lines it's not an exact science whether or not I will take a trade. For ...
Interactive Euro Scalping
- Roofx replied Mar 7, 2012
Ok guys if you know how I can go about setting up a live webinar type thing where I can show multiple people my screen and they can hear my voice please let me know.
Interactive Euro Scalping
- Roofx replied Mar 7, 2012
The yellow support line at the very bottom was no drawn in until after it reversed because that level was not a level of recent support from the day before so the trade in the yellow circle was not a valid trade for me. I drew in the support line ...
Interactive Euro Scalping
- Roofx replied Mar 7, 2012
No I use a fixed target when using thi method, always. A reversal of trend can't be seen until it's well in motion. So there is no way for me to predict a trend is about to reverse. I am happy scalping 5 or 10 pips per trade a few times per day with ...
Interactive Euro Scalping
- Roofx replied Mar 7, 2012
Can you show me exactly which trade you mean on a chart please?
Interactive Euro Scalping