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05-03-2012, 09:08 AM #73891  Originally Posted by cw1 nice scalpin Greg damn nice - the holiday did ya good , itchy fingers gave you some catch up  
oh the love of scalpin simply simply marve   congrats Yep well done Greg and everyone else on this ride. I have called it quits at 1.3173, daily pivot. Been a great week and good start to month. MyWaves really working for me with everything else added into the pot. We got Bank Holiday Monday here after the weekend, so I am going to take a complete break.
Catch you all Tuesday.
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05-03-2012, 09:13 AM #73892  Originally Posted by turmaz 2nd is 3191xx plus its a 50% retrace too imp b4 going higher i think it should retrace to consolidation zone first between 3135-40 but who knows????
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05-03-2012, 09:13 AM #73893  Originally Posted by cw1
oh my oh my oh my------tgts hit commander, good drills, well done 
In total 26 scalp shorts on this over 2 day period in the direction of the tgts for total of 129 pips ....price reached 3095 ----5 pips short of the last target You are my scalpin brotha from anotha motha!
AWESOME WORK!
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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For short term forex trading or scalping follow me on Twitter @gregmcleodtradr -
05-03-2012, 09:15 AM #73894  Originally Posted by Clivewaverider Yep well done Greg and everyone else on this ride. I have called it quits at 1.3173, daily pivot. Been a great week and good start to month. MyWaves really working for me with everything else added into the pot. We got Bank Holiday Monday here after the weekend, so I am going to take a complete break.
Catch you all Tuesday. Smart idea! Take your pips and run! Enjoy some extra rest and congrats!
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT in Pip & Run Trading Room.
For short term forex trading or scalping follow me on Twitter @gregmcleodtradr -
05-03-2012, 09:23 AM #73895  Originally Posted by Gregory McLeod You are my scalpin brotha from anotha motha!
AWESOME WORK! lol nice one
Take your profits or the market will take it from you.... -
05-03-2012, 09:23 AM #73896
if we closes above 3171 on 5 min or 15 min TF then imo the 50% retrace will hit first b4 the retrace; will there any be retrace this is tricky
trade safe traders we always have another day to trade!
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05-03-2012, 09:23 AM #73897  Originally Posted by Gregory McLeod Hey jbiggart! I've done that plenty of times and still do it from time to time. But if you have a free moment, could you share your rules? sure, like me they are nice and simple. 1. only trade if there is a trend and only in that direction 2. enter on retrace at aprox 50% fib 3. stop above/below previous high/low 4. take the money at aprox 1.5 x risk 5. move stop to just above/below retrace when i'm confident the turn has been made. 6. leave until stopped or in the money. 7. don.t trade just before big news, too much panic & chaos.
aud / us had a couple of lower highs so i went short at 290 just below 50% fib initial stop at312 tp at 265. moved stop to 303 where i should have left it then moved to 295.
love your pip n run webinars, your strategy is too quick for me but i'm learning loads
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05-03-2012, 09:24 AM #73898  Originally Posted by Clivewaverider Yep well done Greg and everyone else on this ride. I have called it quits at 1.3173, daily pivot. Been a great week and good start to month. MyWaves really working for me with everything else added into the pot. We got Bank Holiday Monday here after the weekend, so I am going to take a complete break.
Catch you all Tuesday. well done bud. your waves indeed did work out nice Take your profits or the market will take it from you.... -
05-03-2012, 09:28 AM #73899  Originally Posted by jbiggart sure, like me they are nice and simple. 1. only trade if there is a trend and only in that direction 2. enter on retrace at aprox 50% fib 3. stop above/below previous high/low 4. take the money at aprox 1.5 x risk 5. move stop to just above/below retrace when i'm confident the turn has been made. 6. leave until stopped or in the money. 7. don.t trade just before big news, too much panic & chaos.
aud / us had a couple of lower highs so i went short at 290 just below 50% fib initial stop at312 tp at 265. moved stop to 303 where i should have left it then moved to 295.
love your pip n run webinars, your strategy is too quick for me but i'm learning loads aussy trade on 5 min chart
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05-03-2012, 09:31 AM #73900  Originally Posted by turmaz if we closes above 3171 on 5 min or 15 min TF then imo the 50% retrace will hit first b4 the retrace; will there any be retrace this is tricky
trade safe traders we always have another day to trade! this is what im talking "is way out of the way"
its just a sharing of my thoughts and experience, first the prices should come down to the consolidation zone then...
its tricky and take this just as a "crap" my experience says
we need to see 1.3110-12 once more 50/50
i m only letting out my emotions about the market with you ppl!
thank you
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05-03-2012, 09:36 AM #73901  Originally Posted by Clivewaverider Yep well done Greg and everyone else on this ride. I have called it quits at 1.3173, daily pivot. Been a great week and good start to month. MyWaves really working for me with everything else added into the pot. We got Bank Holiday Monday here after the weekend, so I am going to take a complete break.
Catch you all Tuesday. hello
Is there somewhere i can learn these waves are they elliot waves or something different, would be interested in maybe having a bash, thanks.
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05-03-2012, 09:39 AM #73902  Originally Posted by turmaz this is what im talking "is way out of the way"
its just a sharing of my thoughts and experience, first the prices should come down to the consolidation zone then...
its tricky and take this just as a "crap" my experience says
we need to see 1.3110-12 once more 50/50
i m only letting out my emotions about the market with you ppl!
thank you closed remaining long and small short for a scalp
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05-03-2012, 09:48 AM #73903
yankies just joined the party i think the party is not over yet?
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05-03-2012, 10:00 AM #73904  Originally Posted by jbiggart sure, like me they are nice and simple. 1. only trade if there is a trend and only in that direction 2. enter on retrace at aprox 50% fib 3. stop above/below previous high/low 4. take the money at aprox 1.5 x risk 5. move stop to just above/below retrace when i'm confident the turn has been made. 6. leave until stopped or in the money. 7. don.t trade just before big news, too much panic & chaos.
aud / us had a couple of lower highs so i went short at 290 just below 50% fib initial stop at312 tp at 265. moved stop to 303 where i should have left it then moved to 295.
love your pip n run webinars, your strategy is too quick for me but i'm learning loads Thanks jbiggart! I like simple! This looks good!
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT in Pip & Run Trading Room.
For short term forex trading or scalping follow me on Twitter @gregmcleodtradr -
05-03-2012, 10:02 AM #73905  Originally Posted by Sim3
The RSI and MACD shows that it has been oversold. might see a reversal before heading south again. 
EUR has did it reversal and has almost hit the 61.8% retracement. Will it hit 50%? Shall see the movement later. Most likely it will move up
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