Everything is discentionary ... therefore sceentime — I have had trades that go against by 3 pips, I then look to price and decide if I let it ride or not, mostly I get out and look for another trade opportunity. If the trade goes against me ...

Linuxtroll Simple Scalping

Try this method for exiting a losing trade — I use around 3 pips when scalping the EURJPY for a couple of reasons. First 3 pips is half of my target of 6 pips profit. This means I can have 2 losses for every win and still not be losing any ...

Linuxtroll Simple Scalping

Stops are subjective ... — When scalping I use a 30 pip stop for disasters. By this I mean, in case my platform crashes or some world event occurs during my trade. This helps prevent me from taking a huge loss in a fast moving market. That ...

Linuxtroll Simple Scalping

tools — in a nutshell... You need a screen capture tool or use Print Screen (key on keyboard) to take the snapshot. Open your photo editor and use paste to put screen capture to editing environment. edit your picture to block what you want ...

Linuxtroll Simple Scalping

I was trying to be funny ... lol I need to work on my humor indicator ... LOL --Mark

Linuxtroll Simple Scalping

possible reason — Did you have to take a RestRoom Break or maybe you had to get coffee ??? When scalping never leave trade unattended ... --Mark

Linuxtroll Simple Scalping

It is also about fine tuning Traders. --Mark

Linuxtroll Simple Scalping

My understanding ... — In a nutshell ... Horizontal lines set at 5 pips apart and vertical llines set at 5 minutes apart all on a 5 second chart. When price (or spine depending who you are following) crosses both in one direction in a matter ...

Linuxtroll Simple Scalping

Charting for MBT — Eyecell, I have not tried it but an E-signal product called QuoteTrader (Free) is supposed to have an MBT feed (www.esignal.com/quotetrader). Also heard about QuoteTracker ( url ). Check out this page on the thrid party ...

Linuxtroll Simple Scalping

Great Trade !!! — Great Trade !!! Do not worry about leaving pips on the table that kind of thinking leads to the dark side trading (read losing side). LOL As for exit strategies I find that exits close to old support or resistance points are ...

Linuxtroll Simple Scalping

Best of skill to you — Good Luck(read skill) to Jacko and his team ... --Mark

Jacko's Forex House of Pleasure and Pain

Off Topic a bit but ... — I have been a customer of FXCM in the past and I found them to be an excellent and reputable BROKER. But in reference to the above, in general, stop hunting is not based on one $500 mini account but the brokers ...

FXCM Discussion

love these smilies — --Mark

Linuxtroll Simple Scalping

Keep just what you need in your trading account — The Short answer if you do not "need" the profits then build your account. Otherwise come up with a method of cashing in your profits that you are comfortable with. Let me set up a scenario (i ...

Take out profits or build account

It will cost you ... — You can do it but it will cost you. First you need a programmer that has access to the OandA programming interface, then you need them to program the trading platform (It will take Time if you want charting). A different ...

Oanda on windows Mobile

Just a quick note — Try using the previous price wave for your stop loss. It might work out better for you. Do not get me wrong if you placed stop around 115.8* (outside of price waves) that would be at least 15 pips in this case and that may ...

Linuxtroll Simple Scalping

Mantra — "Mantra" used in most of this thread refers to a pdf file posted early on in this thread (Read it all) that describes guidelines to the Art of being a successful trader. I recomend reading every post from the begining taking breaks to ...

Linuxtroll Simple Scalping

TDTL indicator — Check out this thread url look for TDTL.mq4 on the attachments on any of the threads in the Mouteki Trading sub forum. Good luck

TrendLine drawing indicator

This Might work — Close MT4. Open IE Try holding the Control key down and spinning the mouse wheel. This usually effects the font size in IE Close IE Open MT4 If this does not work try different combinations such as resizing when MT4 is open. ...

Toolbox font incredibly small!