Thread: is it feasible to scalp gbpjpy?? how??

Originally Posted by ;

I had been thinking concerning stock index futures (SP, RU2000, Dow, etc.), which I did not do well in scalping those because of a lack of capital. But yeah, comparing the deal info involving the stock and currency futures, it seems like the risk is about half of currencies.

Hey, dude, along with your attitude, you will be a millionaire before me! You are okay, man.

Originally Posted by ;

use an ecn such as EFX or hotspot fxi to scalp the pair. Quite simple to accomplish if u looking small 3 pips a go

don perry,
how can you be able to scalp only 3 pips using EFX or MB?

I attempted this but the disperse usually ranges between 1,5 and 2 pips on Euro for example along with the commission to open and then shut the trade is the equivalent to 1 pip, so you end up being charge 2,5 - 3 pips just to exchange the pair...I found that I was breaking even or losing a half a pip the majority of the times I used them to get # 3 pips.

Originally Posted by ;

gbpjpy has this kind of wild spirit and momentum spurts. . .is it possible to scalp this 1?? (I realize the spread makes it seem harder...)

allow's create a thread describing scalp egies...

thanks in advance...

Yes it is, even on 8pips disperse

Originally Posted by ;

quote It'd be if you gave us some examples of your own system - I'm not considering this from a disperse point of view. It's quite obvious that you can't scalp these pairs with a 8 pip spread! I am looking at the feasibility by a purely technical point of view. I've given some examples above of a couple of good set ups and expect they may help traders win and scalp these fast moving trading pairs

and therefore I dared to mention this was a dormant thread the last 10 years, even back in the afternoon with restricted interest.

Did you mean to post a screenshot of how I scalp?
If yes, sure, here it is, the last entry for now, a real new one.

I am using two strategies in my scalping.
Strat 1: Scalp exchange with the trend using 5M along with 15 M chart Using Renko chart.
A) Describe the primary trend and Avoid all news release occasion on the calendar
b) await price retract into the 20 period moving average and renko lineup with the trend to enter the trade.
C) Exit when renko changes .
D) set Risk:reward at 1:2 if possible
Strat 2: Counter fad with TD sequential
A) await TD to rely to 9 or 12 and enter trades contrary to the tendency
b) set risk: reward per 1:1 - minimal 10 pips

Originally Posted by ;

quote Profitfarmer I'm not interested to know what a great scalper you are - unless you're interested in producing a positive and useful contribution to this revived thread, I recommend you go and find someone else to annoy? Thank you so much!

You ask for instance.
I show example. Very straightforward and easy example for that actuality.
That isnt positive.
That amuses you? sorry. I may misunderstood what you intend on positive contribution then to some thread regarding scalping.

Originally Posted by ;

quote you ask for instance. I reveal example. Very straightforward and effortless example for this actuality. That isnt positive. That annoys you? sorry. I may misunderstood what you intend on positive contribution afterward to some thread regarding scalping.

OK no problem. I have deleted my article. Any examples greatly valued

Originally Posted by ;

quote and for that part I dared to say this is really a dormant thread the previous 10 decades, back in the day with limited interest. Did you intend to post a screenshot of just how I scalp? If yes, sure, here it is, the last entry for today, a real fresh one. image

So you're soo sure on your sign that you dare move against a strong fashion like that....There where two small bearish candles at the previous 22 candles and you struck place on the last bullish candle until it gave a small pullback and you got 6 pips out of it...I know you told me that the sign taken of this rsi there how can you determend whether it turns on 75-80 ore 85 if you'd taken it of this 80 you would have overly scale 4 possisions ore 3 mayby,but then again made a bigger profit,but mayby its better too dont have too do that in the long run too avvoid loosers I've changed too the 1 minute from my 3 minutes old system today too await the RSI signs,but I like too have one more affirmation either a dynamic EMA ore a supp/ress level and of course I use my currencie strenght meter and never trade gainst a stronger currencie....Its not enjoy that are a sign alone since it can already possess the currencie strenght baked in and a tiny change of the strongest weakening a little will make it move against the strongest currencie,but at the very long run of many trades you will have a better winrate following the currencie strenght meter....But waiting for RSI signs that arnt that many I have 7 pairs open on the one minute I take Insidebar breakeouts in synch with currencie strenght and the linear regression for shortterm trends,but when I get a RSI sign its for more pips usually compared to my insidebar...I've only traded one RSI sign and average in 3 possisions I've gone back on my lots too be able too scale 5 possisions using a total of maximum leverage but wait for this too hit 80 ore 85 I dont believe I will meet many as 5 1 min candles following a sign given very often I will not be martingaling only open very same possision on following candle...I'd like too use my 3 minutes instead,but I have a beast of a computer with 16 gb ram I cant have more than 3,,,3 min offline chart open until the computer stinks...I shall post my currencie strenght meter because I believe this is the greatest and simplest one on the market....Also place the insidebar if anyone want too try I could drop the linear too then you've got a system which works on 1-3-5 minutes with lesser and lesser signs too longer timeframe,but also higher winrate I enjoy the 1 min. . .because it provides most signs and you just have too practise and also read the trend....So if linear is pointing up and the candle breakes the top line of insidebar and the currencie is in synch you take the transaction on the open candle and depart after 1-10 pips should you trail your stop You May goo farther....Wow some news hit now....Keep it green...
https://www.nigeriaforextrading.com/...9 terminal (1)
https://www.nigeriaforextrading.com/...1548674086.mq4
https://www.nigeriaforextrading.com/...e999 insidebar

Originally Posted by ;

quote So you are soo sure in your signal that you dare go against a solid trend like that....There where two little bearish candles at the last 22 candles and you hit spot on the last bullish candle until it gave a little pullback and you also got 6 pips from it...I know you told me that the signal taken of this rsi there how can you determend whether it turns on 75-80 ore 85 if you'd taken it of this 80 you'd have overly scale 4 possisions ore 3 mayby,but again made a bigger profit,however mayby its greater also dont have too do that at the long...

you can add to probabilities. Like the BRN. The acceleration of movement. Or this event the no news time.
This was posted as was the past, most recent trade yesterday. My preference normally is M5, and not that late hour ( in my own time zone).
Enjoy in trading, scalping the same: quantity vs. quality. That is universal, no matter your approach is.
I usually miss more trade than I take.

Originally Posted by ;

quote one could add to probabilities. Such as the BRN. Move's acceleration. Or this event no news time. This was posted as was the last, latest trade yesterday. My preference normally is M5, rather than that late hour ( in my time zone). Enjoy in trading, scalping the same: amount of quality. That is universal, whatever your approach is. Transaction is usually missed by me than take.

My purpose being after 20 bullish and two bearish last 5 being bullish how it's possible too hit exactly at the last bullish before obtaining a pullback is this a regular trade like just another transaction because I'd never taken that commerce then bullrun the pair was bullish for a very long time....going against tendency like that even it very overbought on the RSI...I also are a technical trader and've found the flow today I feel depending on indicators,however you have all of theese PRO traders that....indicators are lagging just tell what've occurred its all abaut priceactionI am sure the majority of them doesnt even understand what priceaction is...I mean that trading doesnt have anyting too do with price whatsoever not how we trade . . .Its all abaut the way the cursor react at sertant amounts do to Supp/Ress....Dove alliance stated that in hes Paradox system tread that trading had nothing do with price and would state that he is absolutly a successful trader taking 40 pips each day together with rearly any losses. . .Keep it green folks...