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- odt101 replied Dec 7, 2010
Because Obama speak — S&P and Dow both dropped , followed by the EURUSD.
- odt101 replied Jan 8, 2010
to balance — My suggestion is, if you don't want to take the total loss right now, you may slowly reduce your position. For example, in case eu breaks 1.445, you could cut some loss and sell back when it finds the top resistence. Also, even ...
- odt101 replied Nov 13, 2009
Today I got quite poor result. Overall 66% hit rates after 41 trades, but due to larger loss pips (-4.56 loss avg vs 2.50 win avg), finally got only +3.65 pips. Still long way to go, I guess.
- odt101 replied Nov 12, 2009
Thanks Fool for your clear 1m trading chart. It does give me a much better idea on how you are doing this. Today I was much more patient and got some good result: +25pips. I made 34 trades within 3 hours. I got 68% win with average 2.96. My average ...
- odt101 replied Nov 11, 2009
I didn't tradetoday. I will try tomorrow. Fool, do you use the same size when you scalp as you swing trade? I like to focus to scalp all the time so I can use high leveage. I think swing trade or news trade may require diffenet risk management, so ...
- odt101 replied Nov 10, 2009
Ok, I will keep trying. Thanks a lot.
- odt101 replied Nov 10, 2009
Thanks Fool. I am trading real but with very small units. Your post is great and it does clear me of something. I think in the NY opening market a tight scalping may not be very easy. And I think you are right about that this trendlet scalping is ...
- odt101 replied Nov 10, 2009
I agree I traded too much today. I just hope I can master the techique.
- odt101 replied Nov 10, 2009
Hi, Fool, I tried your strategy but failed badly today. Yesterday I made 49 trades (mostly between NY time 9:00 am to 12:00pm), with 47% win and 53% loss trades. The win average is 2.95pips, loss average 2.86. Final result is -6.5pips. Though I got ...
- odt101 replied Nov 7, 2009
This makes sense. I should master this technique. Thanks a lot Fool.
- odt101 replied Nov 7, 2009
Hi, Fool, Thanks a lot for your detailed inputs. Your 74% winning rate is impressive. Yesterday I tried this strategy, but only got about 40% winning rate. I know I over-traded as an experiment (made about 20~30 trade per hour). One thing that is ...
- odt101 replied Nov 6, 2009
Oanda — Oanda provides the 5sec, 10sec, 30sec, 1m, 5m, ... 1d charts.
- odt101 replied Nov 6, 2009
Hello Fool — Hi, Fool, I have been reading your thread with great interest. Because my trading style is very similar to yours. We both trade on Oanda. I use 5sec, 1m, and 5m charts. I very often target for few pips, such as 2, 3, 4 pips. ...
- Posts by Member Search: 'odt101'