- Search Metals Mine
- Nene replied Jun 25, 2009
New UTL — I added this new UTL here. Creating a tradable area in case it bounces.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Thats 84 — +84 Pips today so far. Ne
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
FYI — If there is anyone interested in a simple thread trading the E/U, E/J & G/U scalping. Good for newbys who want to learn basics. url NE
EURUSD
- Nene replied Jun 25, 2009
Breakout — Got a breakout of the triangle and will trade this long to the next high, (1.4013),
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Blowing away this triangle — Good evening, I have been blowing away this little triangle and it fits in with our little nitche. Its down to the 12-13 pip range and to look at the clock, it will be probably breaking out soon. NE
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Hello — Sorry, before I leave. I need someone to help me moderate this room since I am constantly at the hospital. Its easy to learn. Let me know. Be back later. NE
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
+43 — strategy update! +43 pips this morning
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Got to go — At the hospital with my boy. See you later.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Help — It would be nice to have something on the chart that can let us know what the trend is on the 1 Hr chart. That way we could risk more in trades with the long term trend direction. Notice how it turned at the 21 EMA here. Ne
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
+9 — +9 here now and usually we would be taking TP1 here, I am letting it go to see if I can get the whole triangle. I cant lose any here and I am up 41 today so no biggy. Ne
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
T/P — Total T/P is always directly below the current candle at the trendline in this case + 2 pips. EX: 1.3914 It will change with each new candle or so. So the quicker it gets there the more pips you will get. Of course you can take profit ...
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Stop to B/E — I just moved my stop to B/E +2 so I will profit at least 2 pips here.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Showing the account — I will also be showing the account so you don't think I am kidding.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
$10 Account — I am using an old account with $10 in it using a micro scheme and will build this from the ground up. They say it couldn't be done......I dont believe it.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
+ 41 Pips — I am plus 41 Pips this morning on this strategy and I am working to prove a point.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Triangle — Possible triangle here. They are tradable, however, we need to interupt our trades because this particular example has the 50 SMA running right down the middle and the P/A is respecting it.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
20 Pips max. — There will not be many trades looking for more than 20 pips. It will be 10 to 20 pips with very short stops. Most of the time will be spent drawing and erasing trendlines. Example break trade below I just took.
NENE's 5 min Recliner Scalping strategy
- Nene replied Jun 25, 2009
Tonight — Probably not going to start till tonight. NE
NENE's 5 min Recliner Scalping strategy
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NENE's 5 min Recliner Scalping strategy
Started Jun 25, 2009|Trading Journals|73 repliesHello and welcome to my, "Sit back in your recliner and trade, thread" SOMEONE HAD TO CREATE A ...