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J2FcM replied Aug 27, 2007The best setup being all lines fanning out in one direction? Bad to rainbow trade on off hours?
Linuxtroll Simple Scalping
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J2FcM replied Aug 26, 2007meaning the currency pair has a spread that big (I dont think this is what you mean, but making sure)... or that your stops are a total of 10 pips... so the currency spread is 3, you make a 7 pip stop? Or is it just a default 10 from where you ...
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J2FcM replied Aug 26, 2007So on that last picture, were you hedging, so those 2 shorts were losses? Also, did you not set stops and limits there and just took when intuition told you to?
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J2FcM replied Aug 26, 2007oh ok, I thought each picture may show a time period of scalping. But in fact you have only made 4 scalps today, where as I've made 16, with 1 very unsuccessful one. So, I guess a better question is, what do the markings on your pictures represent?
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J2FcM replied Aug 26, 2007what broker and charting program is this pip magic happening thru kharvell? How many scalps happen within these posted pics?
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J2FcM replied Aug 26, 2007and then i was -25 pips, hedged myself in, so I was at +4 -25, for a net -21. Then accidentally closed all positions. Goodbye pips! net scalping profit from rainbow so far, 9.5 pips.
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J2FcM replied Aug 26, 2007I just did my first RAINBOW assault today demo'ing. Within a half hour I had 20 pips, trading between 3 or 4 currencies, and these all had large spreads (FXCM demo, so like 3 pip spread AT BEST). Right now, I have scalped 14x for profit, with a ...
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J2FcM replied Aug 26, 2007you have my thanks! I currently only have MT4 demo, will this feature be available to me? Is MT one of the most popular chart prgrams on the forum? I was working off FX charts from FXCM and I think its time to give them up.
Pivot Points
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Pivot Points
Started Aug 26, 2007|Rookie Talk|6 replies
Hello, I have a few questions on pivot points... I've found some things on the net, but it is ...
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J2FcM replied Aug 25, 2007Wait, a month? Until open tomrrow, a year? Sorry, GMMA is fun and all, but I want rainbow action
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J2FcM replied Aug 24, 2007great link... I DL'ed someplace in this thread, the GMMA documents, and the Dayrl Guppy documents. I got the Corporate printer working OVER TIME down here in So Cal. oh mercy, and its 1pm CA time, so no mas trading... I will try my dangest to get ...
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J2FcM replied Aug 24, 2007Truth that JazzMan! Hey thanks for the explanation! I've been spending almost every spare moment studying FOREX, looking for strategies and ideas that suit me, and let me tell you FOREXFACTORY WITHOUT A DOUBT is the premiere site for learning this ...
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J2FcM replied Aug 24, 2007Well the key to understanding is thru my mistakes! In my own newbieness, I would contend that your picture shows a position to sell off the retracement. Plus the stoch is showing overbought. But, I have yet to use a M1 chart yet (would like to), and ...
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J2FcM replied Aug 24, 2007Many thanks for the reply! In regards to 1, I was just wondering what the acronym EAwas. I thought it meant Exponential Average. And you cheated on #3! MM is an acronym... fortunatly I think I know what it means... isn't it Market Makers, or some ...
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J2FcM replied Aug 24, 2007Let me re-post my question so that it is more user friendly to you busy scalpers; You'll only need 3 words(no acronyms!) 1 - EA = Exponential Average? (yes\no) 2 - Name a charting program that is effective for this strategy. 3 - Name a broker that ...
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J2FcM replied Aug 24, 2007I am dead for time here and I have been soaking up information (being totally new to trading and FOREX) like a sponge nonstop for the past month. ForexFactory has been insanely speedy for my learning... in fact too much so, I can't learn as fast as ...
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Signals and Alarms on MT?
Started Aug 23, 2007|Platform Tech|5 replies
Just wondering if it is possible to setup MT or if there is anything out there, that will have ...