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Piitb replied May 14, 2008any comments?? — Btw that was a thirty pip move. Price went down to 1.9440 This is another perfect example of confluence of indicators. We got a two-for-one today on this trade off of the EMAs. I hope someone was watching
hehe. Take ...Scalping the pip out of it
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Piitb replied May 14, 2008Any thoughts??? — Does anyone want to comment on these charts?

Scalping the pip out of it
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Piitb replied May 14, 2008The Power of EMAs — A lot of what I look for in a scalp is an inevitable retracement. For instance, Yesterday, the Yen crosses ran up a lot. After the London markets were closed price had moved too far. I waited and got in for a 30 pip ...
Scalping the pip out of it
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Piitb replied May 13, 2008Hi guys. Have been kind of sick this week
haven't really been trading much. And I have also found an incredible bad habit. I have another confession to make. I have made a change to an ECN. That means I am getting a lot better spread. I am ...Scalping the pip out of it
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Piitb replied May 8, 2008I have a confession to make. And I must disclaim this to my viewers that I do not suggest this!!
I took a long position for wednesday on the GJ. Price immediately turned against me so I doubled down. Price kept going against me so I ...Scalping the pip out of it
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Piitb replied May 8, 2008What I have here is a pretty good trade setup in my humble opinion. Price may not ever engage my entry but I try to look ahead in this market for entries:nerd: There are overlapping fibonacci's . One from the long run down. The other an extension ...
Scalping the pip out of it
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Piitb replied May 8, 2008HEHEHE I LOVE IT! This is just the kind of sh!!t you have to go through to learn this market.
I remember that trade. It did break about 40 pips short but directly turned around and shot up. There is a nice trade setting up I will attach a ...Scalping the pip out of it
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Piitb replied May 7, 2008The Walrus said:Anyone else exclusively scalp currencies late at night when the markets are closed? I live around NY. I scalp from 7:30-12:00am. I focus on the big four and rarely mix it up with the currencies who's spreads are above 4-6. Here is my ...
Scalping the pip out of it
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Piitb replied May 7, 2008A techinical question — Hi Apasionado, I have attached a chart with a question about your technique that you posted. I am pretty sure that my number 1 example is a good example of your line. My technical question is about my example 2 where I ...
Scalping the pip out of it
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Piitb replied May 7, 2008Looks good — I like what I am seeing here. I might just throw up a MACD on a 1 minute chart and start following price action. Do you only go off of a 3 cycle high/low macd or do you use normal 2 cycle high/low as well??? Please keep the charts ...
Scalping the pip out of it
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Piitb replied May 5, 2008A couple of quick questions: What timeframes are you using your techniques on? Also how are you using your other two EMAs? Any disqualifiers? I like the idea and you chart looks simple.
Good to have you aboard Put it in the bank!Scalping the pip out of it
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Piitb replied May 5, 2008Good call! I think that I will sit back and wait for some movement. Get in on a retrace. Might be a slow night/morning

Scalping the pip out of it
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Piitb replied May 5, 2008I have noticed that sometimes different platforms use different feeds and therefore different quotes??? But I think that a safe assumption is a break of 155 is obv. My scalpers heart feels like anything over 1.5480 is going to be a good sign. 2:00 ...
Scalping the pip out of it
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Piitb replied May 5, 2008I was short on the EU. I am out of the trade now. I was looking to ride it a little longer but it came back and took my stop. But my stop was also breakeven. And by that I mean that I made 1 pip. I never set breakeven stop losses
Price is in ...Scalping the pip out of it
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Piitb replied May 5, 2008Like I mentioned before, we have MACD positve divergence on the 4hr chart. If price closes above the 50EMA on 1hr chart I think that this will go up for the session.

Scalping the pip out of it
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Piitb replied May 5, 2008It is good to meet you and I look forward to your charts!

Scalping the pip out of it
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Piitb replied May 4, 2008I appreciate your perspective. I respectfully disagree about your assertion that scalping is not the way to go. A couple of things that make my decision are 1: scalping protects you in an uncetain environment. Do you remember when you could get 300+ ...
Scalping the pip out of it
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Piitb replied May 4, 2008So I got 10 pips
Lets see if it goes down more!!Scalping the pip out of it
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Piitb replied May 4, 2008First one of the week — Here we are again. Another week to try to get this sh!!t right. I like this setup. Please be advised that price is also exactly at a Fib on the last big run down on 1 hr chart and engaging the 50EMA on the 1hr chart as ...
Scalping the pip out of it