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Piitb replied Oct 1, 2008Took profit — Stoch was played out on 5 min so I took 60 pips on that trade. I did not want to wait for it to retrace and keep going. Most likely it will continue down for quite a while. If it comes back there might be a re entry opp

Scalping the pip out of it
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Piitb replied Oct 1, 2008Here is my asian session trade — This one is a little more risky because we have no pivots or swing high/low. I trail it close with a 15 pip trailing stop and lets see what we get

Scalping the pip out of it
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Piitb replied Oct 1, 2008Answer — Stochastical divergence. Stoch was not at the top. It had peaked a couple of hours ago. luckily the confluence was enough to push it down
Scalping the pip out of it
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Piitb replied Oct 1, 2008Similar — There is a very similar setup on the EUR USD right now, But can anybody see why it is not the same?
Scalping the pip out of it
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Piitb replied Oct 1, 2008Trade of the day — Here it is hot off the press!! Standard. market flow down. Wait for a retrace and get in on confluence.
If anyone decides that they should be paying me for this incredible threads i will give bank wire ...Scalping the pip out of it
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Piitb replied Oct 1, 2008Thanks for the post. If you can please explain what you are doing in the graph that you have posted. Is " candle kolar " a proprietary software or just and indicator. I hope you get something out of the thread and see you around piitb
Scalping the pip out of it
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Piitb replied Sep 30, 2008Trade of the day — This is a great trade because we are in a down market flow. We have a retrace so lets get in on some confluence
Notice the stochastical divervence. We only use that in a good confluence of indicators!! take care
...Scalping the pip out of it
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Piitb replied May 25, 2008Direction for the week — I would love to see the GBP go up to 199 and then come down hard. I think I am feeling a little strength in the dollar this week. The Euro is looking like it needs to correct a little before it goes anywhere. Any ...
Scalping the pip out of it
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Piitb replied May 23, 2008So I am in here with a trailing stop. Lets see what happens.
Scalping the pip out of it
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Piitb replied May 23, 2008Looks like the NY session might kick in some downward pressure here
Scalping the pip out of it
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Piitb replied May 23, 2008Because today is friday, I would like to be able to get in here with a trailing stop and let it go for the rest of the day. This has been a huge move up and might take some profit today. Meaning short!!! the move does is making neg div on 4 hr chart ...
Scalping the pip out of it
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Piitb replied May 23, 2008Not totally sure how I feel about this one — I think this one will give a couple of pips. But it is friday with a lot of movement this week. Hard to say. But I will take it! Any thoughts anyone???
Scalping the pip out of it
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Piitb replied May 19, 2008To be fair I only really trade that way in a range bound market. I do not trade London or New York opens so it is a little less risky. I agree with your point about taking the loss.
I think more important that adhering to any form of trading is ...Scalping the pip out of it
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Piitb replied May 16, 2008Exiting a trade — I wanted to take a minute to talk about exit strategy. If you are to be sucessful trading this market you must have a better exit strategy for your trades than President Bush!!
Yeah I just went there. I show a lot of ...Scalping the pip out of it
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Piitb replied May 16, 2008Hi Vlad. The techniques that I use can definitely be used on any major currency that I have seen so far. I would like to clarify though, I am not selling " MY " system. I am only using a confluence of indicators that can be found when a trader ...
Scalping the pip out of it
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Piitb replied May 16, 2008ITS TIME FOR ANOTHER ADDITION OF "HOW TO SCALP THE MARKET" (roar of applause)
Well we have another great show lined up for you guys today! But wait? could it be? MORE OF THE SAME??? This is my trade. ALL day every day
1: Overlapping ...Scalping the pip out of it
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Piitb replied May 14, 2008I trade mostly the GJ and the EJ but sometimes there is just nothing going on. I am always checking in on all of the currencies. And I am trying to stay on top of the news for what it is worth these days. But yeah, Mostly GJ and EJ
Scalping the pip out of it