- Search Energy EXCH
-
Piitb replied Apr 15, 2008Wow 1 pip. I am SOOOO envious. LOL. I am almost exclusively a jpy trader for this exact reason. Keep em coming
Scalping the pip out of it
-
Piitb replied Apr 15, 2008Yeah. That does look like a pretty good setup. You must have a pretty tight spread there, 2-3 max? With the angle of your trend there the EMA works great. I am still a little confused about the 2 Level stop reverse lines. Is one a fast trigger ...
Scalping the pip out of it
-
Piitb replied Apr 15, 2008This is a snapshot of the EJ as well which has its own confluence of short scalp indicators. I use bollinger bands on EJ cause it doesn't whip as much as GJ
Scalping the pip out of it
-
Piitb replied Apr 15, 2008This is what i was seeing on the 1 and 4 hr charts that gave me the extra confidence to take a somewhat risky scalp. Pivot and EMAs might now change the direction of the market but usually are good for a bounce.
Scalping the pip out of it
-
Piitb replied Apr 15, 2008I really want to show that I am willing to trade with complete transparency. If you can trade you should be able to do it no matter who is watching. Anyone has anyquestions about my reasons. Or even if you want to tell me that I am stupid for taking ...
Scalping the pip out of it
-
Piitb replied Apr 15, 2008HOLLA if ya hear me!!!! Got in quick got out quick. In 199.61 out 199.45 ON the previous pic the red tag is my order in the negative because i havent covered the spread. I took this screenshot just after i got out.
Scalping the pip out of it
-
Piitb replied Apr 15, 2008I am a little scared about this one but it looks good on higher TFs as well
Scalping the pip out of it
-
Piitb replied Apr 15, 2008Another setup — This this kind of trade that I like to take. I am not sure if it is going to really turn around. But it is also hitting the main pivot on 1 hr chart. Double top. And running into a couple EMAs I am not trying to be right about ...
Scalping the pip out of it
-
Piitb replied Apr 15, 2008Higher TFs I would imagine? How high do you go if you are trading the 1 min? Thanks for the hit man. I would love so see a setup on your charts that you consider optimal! Put it in the bank Piitb
Scalping the pip out of it
-
Piitb replied Apr 15, 2008Great to have you aboard. Drop some knowledge whenever you get around to it.
Scalping the pip out of it
-
Piitb replied Apr 14, 2008In retrospect of the trade that I took, here are my thoughts. I got a little lucky there. Perfect exit! On the GJ price was engaging the daily pivot. It penetrated but did not break. This was a pretty big price rejection which in turn moves the EJ ...
Scalping the pip out of it
-
Piitb replied Apr 14, 2008Believe it or not i still like this pair short. Until it clearly breaks this level 1.6025, I am thinking short. Call me crazy. :surprised
Scalping the pip out of it
-
Piitb replied Apr 14, 2008Position closed @ 1.5959 6 pips. Yeah well it was only a scalp. But hey it was something right

Scalping the pip out of it
-
Piitb replied Apr 14, 2008Any thoughts anyone? Even if you just want to call me a lunatic. Any participation is greatly appreciated
Scalping the pip out of it
-
Piitb replied Apr 14, 2008So this is a start. The cool thing about this trade is it is well confirmed on higher timeframes. So i might try to get in behind with with a trailing stop and get some extra yardage.
We will see. I havent cashed out yetScalping the pip out of it
-
Piitb replied Apr 14, 2008Notice that it is engaging the upper band of the bollinger and also stoch is getting overbought. Fib at previous high, WIth an evening star on 1hr chart i am totally happy with this trade My actual order is the red tag. That is my spread i have to ...
Scalping the pip out of it