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FiboFan replied Nov 16, 2007speed — With Oanda you will get a much better quote accuracy and timing if you watch the order form and not the graph. The graph is always a split second late mostly due to the nature of Flash. Whenever I'm getting ready to enter or exit the ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 16, 2007master a time... — Ycomp, Your right about the 3-3:30pm EST being excellent for trading. I thought Linuxtroll meant 3am when I first read it. Yesterday I made several 10 pip winning trades each one less than 2 minutes. You know the more I ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 15, 2007facinating — here is an interesting study. I would define my entries as a post stalled momentum entrance. So after directional momemtum stalls, as soon as it begins again I enter. exactly 15 sec after placing the trade it's almost always less ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 15, 2007losses — DrainBamage, I know the feeling. Remember, when the market conditions aren't ideal it's easy to get caught up in gambling not trading. 10-20 pips trades can happen in less than a 5 minute window after watching a market for 6 hours for ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 15, 2007Just a thought — I don't know about everyone else but in learning something new most people say mistakes and failures are how you learn. NOT FOR ME !! I learn more about how to trade correctly when I actualy do it correctly then when I keep ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 14, 2007Wow — The last 2 days the EJ made a pretty sweet move between 3-4pm EST. Enough of a move today to take me from being in the red to 14 pips in the black!
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007FX Surfer — I still "sit" on a 7 pip gain waiting for more as it dissapears : (
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007It seems to me that in the last few months the Early European session and late afternoon NY session are the most reliable. When they are both open the market is very unpredictable and choppy (8-12 EST) I have been overtrading recently also, I'm ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007ok — I get what your saying... I just figured that the market movement in any given time frame would vary wildly based on the data that has or maybe coming out that day and what the market setiment is... I assumed that understanding market ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007?? — But when are those consistent and reliable times? It seems that everyday there is a different time when conditions are optimal. To my supprise sometimes that is in the middle of the afternoon or 3pm EST. Then other days the market is ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007Finally — After trading all day the EJ and AD are finally starting to behave and be profitable. Smooth readable trends. That's what I'm talking about!!
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007not yet — i'm waiting to see if it breaks 2.07 Although if you want to make some money go long and as soon as i short it you'll be making money. Atleast that is how my day is going so far.
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007Watch this... I'll short the GBP and it will turn around.
Linuxtroll Simple Scalping
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FiboFan replied Nov 13, 2007lost — Blazer, would you be able to post your chart of trades made today? I got killed trading the EJ after 8est. Can't figure out how anyone could make money in that chop unless you were range trading or quit by 8am EST. Maybe I need to start ...
Linuxtroll Simple Scalping
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FiboFan replied Nov 8, 2007true — the biggest mistake I make that costs me money is going into the market with the mindset "I'm going to make money today" Instead of "Can I make money today, due to favorable market conditions?"
Linuxtroll Simple Scalping
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FiboFan replied Nov 8, 2007observation — Did you ever notice some days seem to have a lot more false setups, while other days have nothing but perfectly profitable ones? frustrating...
Linuxtroll Simple Scalping
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FiboFan replied Nov 7, 2007Fun Market — It's been an enjoyable morning... 32 pips profit so far including losses on the EUR. Definitly better than yesterday, should have had more but I'm still learning not to hesitate. The mind is a strange thing... I gave up looking at ...
Linuxtroll Simple Scalping
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FiboFan replied Oct 31, 2007not quite — the FOMC cut the overnight rate by .25 the .50 cut was last time. Now it is at 4.50%
Linuxtroll Simple Scalping
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FiboFan replied Oct 31, 2007great style — never have I had 2 things come together so well in on style of trading... Profit and FUN. Thanks Linuxtroll and all you rainbow traders!! Today was a blast.
Linuxtroll Simple Scalping
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FiboFan replied Oct 18, 2007Volitility — this isn't a bad system but like any ranging system there needs to be a way to exit the trade when a trend begins. As far as what pair to trade... I think that is an unfair question. It should be what time do you trade. Even the ...
1M Envelope Scalping System