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Piitb replied Apr 14, 2008So i am in. Fingers crossed. LOL I want to be as transparent here as possible. I have my target and my stop.If this trade doesnt work i still feel that i made a good trade.

Scalping the pip out of it
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Piitb replied Apr 14, 2008Because of my schedule this is only time i can trade unless i stay up till 3 in the morn. lol. Thanks for the hit. Im gonna keep post on my trades. More for me than anything. It keeps me honest.

Scalping the pip out of it
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Piitb replied Apr 14, 2008What i am looking for is the fib that lines up with the last high of few hours ago
Scalping the pip out of it
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Piitb replied Apr 14, 2008I downloaded the Jepordy theme on my Itunes so that i can be really nervous leading up to a trade.

Scalping the pip out of it
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Piitb replied Apr 14, 2008Yay new low. If price comes back up to 1.6009 I am in. Gosh i hope i dont end up eating my stupid words here.

Scalping the pip out of it
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Piitb replied Apr 14, 2008Overlapping fibs at prev support. Money in the bank

Scalping the pip out of it
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Piitb replied Apr 14, 20081 hr close on EJ. Like to see some downward pressure to get in on retrace also. if price pushes down. I am looking to buy at 1.5900. nice 15-25 move i expect. or i could be completely wrong

Scalping the pip out of it
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Piitb replied Apr 14, 2008I know that there are valid buy options on the GJ right now. I dont take them cause i am looking mostly to go with higher TF market flow
Scalping the pip out of it
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Piitb replied Apr 14, 2008What i really want to see is a new low + close on 1hr chart. Then wait for retrace to get in short
Scalping the pip out of it
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Piitb replied Apr 14, 2008GJ is getting caught on daily pivot contradicting EJ tech
Scalping the pip out of it
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Piitb replied Apr 14, 2008Market flow is still down on the GJ. I am still looking to enter short. 62Fib on 1 hr chart forming and evening star!? (that is chess notation for a " dubious " move) Hasnt closed second candle yet so it could go any which way. LOL EJ is in same ...
Scalping the pip out of it
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Piitb replied Apr 14, 2008First of the week — Here is a great shot. I am attaching two pics so you can see what it looks like on higher TFs. Perfect double bottom gives up tight entry. I didnt take this trade seeing as how i wasnt awake at 4 in the morning.
Also ...Scalping the pip out of it
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Piitb replied Apr 13, 2008What he is referring to, for all the mouth breathers out there, Is in a commodity market, for instance, a grower of corn will take a future contract short on a corn commodity. In a season where rain doesnt fall, the short contract will make him ...
Does forex trading add value to society?
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Piitb replied Apr 13, 2008Love what you are doin here. I might get in on this thread as the week opens up.

Intraday Trading - Live!
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Piitb replied Apr 13, 2008EMAs are actually moving S&R — So to start off another week of scalping, while in deep mediation, I had the thought to explain EMAs. I use 5 lines of EMAs on my charts. 5 close -1 horizontal exp. 8 open exp 20 close exp 50 close exp 200 ...
Scalping the pip out of it
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Piitb replied Apr 13, 2008Wow. Love the post Kermut. You make a whole lot of really good points and I would reco people take the time to read it. I have a lot of charts setup on two twenty-one inch monitors to take advantage of the multiple TFs. I usually have all of the JPY ...
Scalping the pip out of it
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Piitb replied Apr 12, 2008Dont be offended by me asking you how long you have been trading live and if you do it for a living. Not trying to get petty with you. I think unless you are trading a algorithmic auto system. You have to work your system( if you even have one{and i ...
Trading Psychology is BS
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Piitb replied Apr 12, 2008It sounds to me like you take discipline for granted. Guaranteed discipline is the reason most traders fail.
Trading Psychology is BS