Does anyone know if it's possible to save a layout (my WMAs) when using the Oanda FXGame demo? I don't have a live account but the 5s charts are free for me to use and try, only I don't want to have to create 25 WMAs every time :-)

Linuxtroll Simple Scalping

italian, by looking at the 30s chart, you get a broader view of what's going on. The "big picture" if you will. Works with all time frames. Usually zoom out to about 4-6x the timeframe you're going to enter the trade on, to get the overall trend ...

Linuxtroll Simple Scalping

Absolutely dude, that's the idea! Yes, in fact it's a huge step. If no goal is set, then we have nothing to work toward. It's absolutely necessary, as it also forms the psychological backbone of each of our trading methodologies.

Linuxtroll Simple Scalping

Well, since we're on the subject.. that will depend on your equity at the time. If you have a $5000 USD account? No way. :-) A $100,000 account? Go for it! :-) In 2-3 years you should have a great handle on it. Hopefully I will too :-D

Linuxtroll Simple Scalping

Thanks LT--I'm also eagerly anticipating your e-book, get it out already man! :-)

Linuxtroll Simple Scalping

Done. Will be updating it periodically. I hope you don't mind if I continue to post chart setups here as I see them, maybe they will help some, and hopefully others will let me know what mistakes I'm making in my setups and I can get better at ...

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Wow man, I had no idea I seemed so confrontational--I apologize. The fact is that it doesn't matter what your win% is, if your risk is too high, when you experience a long losing streak, which is totally within the bounds of a high win% system, then ...

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Different terms, same concepts my friend. :-) Again, I respectfully (a word you have not yet used I notice) disagree about my confusion... if you would actually read what I'm saying, I think you'll see it's very much in line with what you're saying, ...

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cesande, not a dumb question at all! It's a term Van Tharp uses in his book "Trade Your Way to Financial Freedom"--it's an extremely good book, the best trading book I've ever read. It basically just means the amount risked on a trade. He defines a ...

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Awesome--can you recommend some good music for that? I totally get what you mean by the 5s charts. I remember as a total newb, before I even learned simple TA things like S/R, I would watch a 1M chart and be amazed at the speed compared to longer ...

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Congrats on your trade Pale... what exactly do you mean by "price does the arching between time and price line" ? Do you mean where the MAs roll over into a different trend? I'm not sure what you mean by male egos "popping up"--if you mean my ...

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lol! Well, call me crazy, but I like boring trades that make money! You may be quite disciplined, but for me, if trading is too action-oriented and "exciting," I'll start letting my emotions affect the trade, and lose money. Most will, in fact. Only ...

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Here's some of what I look for when I use MMAs. Feel free to comment on your methods and opinions on my chart annotations!

Linuxtroll Simple Scalping

EURAUD 1min Great opportunity. Note the compression of the MAs, indicates price agreement and consolidation. A rollover of MAs is a strong move, and not personally what I look for. The horizontal orange line is a good SL level if you went short, for ...

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EURJPY, fantastic opportunity...!

Linuxtroll Simple Scalping

You're very welcome snorm--happy trading..!

Trade Naked script

I'm using "risk" in the sense most think about it--the amount of money you can potentially lose on a trade. If I "risk" $1000 on a trade by setting my initial stop (either a real one or mental), then that's how much I can potentially lose. I think ...

Linuxtroll Simple Scalping

Are you considering 2% a low amount of risk on a position? I'm not sure how big your account is, but consider this--assuming a 10 pip SL (including spread, no commissions), on EURJPY, with a $50,000 USD account, then 10 standard lots equates to 1.9% ...

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Thanks FX, you too buddy! :-)

Linuxtroll Simple Scalping