Scalping and Intraday Trading Strategies Discussion - Page 38

John Rivera · #**556** (**permalink**) 07-14-2009, 11:45 AM

Quote:

Originally Posted by beeryboogy

I agree... I am only using S/R lines, trendlines, along with RSI and SAR. That's it. It seems to be working so far. That, and find the best time of day to scalp (8:30am-9:30am GMT-5 for me) and then don't trade outside that window.

9:00 am -12:00am EST is when we see the largest volume of trades from our clients and could be a time frame to target.

imajem · #**557** (**permalink**) 07-21-2009, 03:01 AM

Hi! Just wondered if anyone could help me, I have downloaded a free EAs
from the other thread – now what to do with it? I’m very new at this. Thanks for any help.

John Rivera · #**558** (**permalink**) 07-21-2009, 12:18 PM

Quote:

Originally Posted by imajem

Hi! Just wondered if anyone could help me, I have downloaded a free EAs
from the other thread – now what to do with it? I’m very new at this. Thanks for any help.

This is a question for the MT4 forum. There are similar questions already there so you may find your answer.

CodyB · #**559** (**permalink**) 07-21-2009, 12:30 PM

Quote:

Originally Posted by imajem

Hi! Just wondered if anyone could help me, I have downloaded a free EAs
from the other thread – now what to do with it? I’m very new at this. Thanks for any help.

if you do not know the developer or the premise behind it then by all means only use it on a demo account

send me a PM and I'll help you load it up

adam6655nyc · #**560** (**permalink**) 07-21-2009, 02:03 PM

Quote:

Originally Posted by beeryboogy

Hi Mike! Yeah, I'm learning my lesson the hard way I guess. :-) Since I last posted though, I've become better at making a gain and then STOPPING for the day. My problem is that I enter "just one more trade" and that's always the one that goes against me and I let it run into a large loss because I am upset that I broke my "stop when ahead" rule.

So I put $200 back into my micro account again and I'm up to about $550 today! yay. Stop while ahead, stop while ahead, stop while ahead....

Hi,
I sent you a PM...plesae read it and give me your opinion

imajem · #**561** (**permalink**) 07-23-2009, 02:11 AM

Thanks CodyB. I don't know what PM is but maybe you could tell me, OK?

stalla · #**562** (**permalink**) 07-23-2009, 03:07 AM

Quote:

Originally Posted by beeryboogy

I agree... I am only using S/R lines, trendlines, along with RSI and SAR. That's it. It seems to be working so far. That, and find the best time of day to scalp (8:30am-9:30am GMT-5 for me) and then don't trade outside that window.

Thanks for the support. I feel the peaks hours of the uppermost when the Asian market, the European market and the US market opens at the same time.

These are the trading hours in the Forex market you have to trade in, in order to get the highest possible trades. This are the hours that are also the most gainful.

NorenaJa · #**563** (**permalink**) 07-26-2009, 12:29 PM

hi! new to the forum..
i find that using the ADX and 20ma and 40ma help me scalp pretty well for 5-10 pips and sometimes i just simply move my s/l up and play for free in the sense..

asherewt · #**564** (**permalink**) 07-28-2009, 04:12 AM

Sounds interesting. Looks quite similar to my Scalping Strategy that I've used in past with ADX and EMAs.

Quote:

Originally Posted by NorenaJa

hi! new to the forum..
i find that using the ADX and 20ma and 40ma help me scalp pretty well for 5-10 pips and sometimes i just simply move my s/l up and play for free in the sense..

DcumT · #**565** (**permalink**) 08-03-2009, 08:22 AM

Quote:

Originally Posted by NorenaJa

hi! new to the forum..
i find that using the ADX and 20ma and 40ma help me scalp pretty well for 5-10 pips and sometimes i just simply move my s/l up and play for free in the sense..

Can you tell me more about this strategie.

TheGreenBaron · #**566** (**permalink**) 08-03-2009, 09:43 PM

Does anyone know of any forex brokers that practice price shading? I don't think FXCM does but I'm curious as to which ones do.

Krismitt · #**567** (**permalink**) 08-04-2009, 06:51 PM

Quote:

Originally Posted by imajem

Thanks CodyB. I don't know what PM is but maybe you could tell me, OK?

Private Message

Sofia.forex · #**568** (**permalink**) 08-08-2009, 02:52 AM

Quote:

Originally Posted by TheGreenBaron

Does anyone know of any forex brokers that practice price shading? I don't think FXCM does but I'm curious as to which ones do.

Can you please detail out what is price shading? I tried to find out but doesnt got any useful information.

Thanks in anticipation.

TheGreenBaron · #**569** (**permalink**) 08-10-2009, 08:24 AM

Quote:

Originally Posted by Sofia.forex

Can you please detail out what is price shading? I tried to find out but doesnt got any useful information.

Thanks in anticipation.

Price shading is when a broker quotes his/her prices with little to no spread for buy or sell orders and adds those extra pips to the spread of the opposite order. Some brokers will do this when the majority of the orders they are receiving are almost entirely buy or sell. There is an article on Investopedia that details this further if you want to learn more.

dtseng123 · #**570** (**permalink**) 08-14-2009, 10:34 AM

There's a way to Scalp any pair which hasn't been shown before, the Currensee community data is aggregated and the volume spikes that you see are used to notify the Currensee community traders where volatile areas are. These points can be considered strong areas of support and resistance and where you want to avoid putting stops, but very good for scalping since it moves a lot there.