Calling all scalpers!!!

This is a discussion on Calling all scalpers!!! within the Discretionary Trading forums, part of the Methods category; Good morning all. My name is James, and I am currency trader, who only focuses on scalping. Although I look ...

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Old Apr 13, 2015, 10:29am   #1
Joined Apr 2015
Calling all scalpers!!!

Good morning all.
My name is James, and I am currency trader, who only focuses on scalping. Although I look at forums as I await the proper setup for entry, trading gets rather boring, and I simply wanted to know if anyone knows of any chat rooms which one could join which caters to scalpers.
If we have enough interest to scalp, then I can simply open a skype group, or a php chat room in order for us to share ideas and trade together. For those who would like to see the scalping I do, please have a look at the link within my signature.

Hope to hear from you guys soon,

Paul.
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Old Apr 13, 2015, 10:56am   #2
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Hi James, or is it Paul? :-)

What instruments are you scalping?
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Old Apr 13, 2015, 11:34am   #3
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good luck dude ............check out forexperians thread here ..........he has a pretty good track record.......and a few of us also tag along for the ride as well

N
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Old Apr 13, 2015, 12:00pm   #4
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Originally Posted by Charles Bronson View Post
Hi James, or is it Paul? :-)

What instruments are you scalping?
It is actually Paul James. As for the instruments I scalp it is mainly USD pairs. EUR.USD USD/JPY NZD.USD AUD.USD
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Old Apr 13, 2015, 12:01pm   #5
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good luck dude ............check out forexperians thread here ..........he has a pretty good track record.......and a few of us also tag along for the ride as well

N
Thank you so much for pointing me in the right direction.
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Old Apr 13, 2015, 3:09pm   #6
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It is actually Paul James. As for the instruments I scalp it is mainly USD pairs. EUR.USD USD/JPY NZD.USD AUD.USD
very sensible..me to
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Old Apr 13, 2015, 11:39pm   #7
 
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mine to add me up in the scalping group?
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Old Apr 14, 2015, 4:30am   #8
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mine to add me up in the scalping group?
Sure. What is your skype ID so I can add you?
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Old Apr 14, 2015, 12:15pm   #9
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Scalping currencies? Market makers beware!
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Old Apr 14, 2015, 5:49pm   #10
 
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Sure. What is your skype ID so I can add you?
jichuen.jichuen

hope to hear from you asap
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Old May 29, 2015, 9:31pm   #11
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I aim for 2-4 ticks per trade in /ES. It's not hard when you have such small targets, as opposed to trading for 2-4 points. Use range bars so you can visualize the volatility and have tighter stops.
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Old May 30, 2015, 4:23pm   #12
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I aim for 2-4 ticks per trade in /ES. It's not hard when you have such small targets, as opposed to trading for 2-4 points. Use range bars so you can visualize the volatility and have tighter stops.

I also trade the same way. I typically await patters after breakouts, which setup for the new breakout. Many people contend that trading for small pips is murder because of the wicks, but the reality is you have less wicks inside of the accumulation structure, compared to when the market is actually breaking out.
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Old May 31, 2015, 2:44pm   #13
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I also trade the same way. I typically await patters after breakouts, which setup for the new breakout. Many people contend that trading for small pips is murder because of the wicks, but the reality is you have less wicks inside of the accumulation structure, compared to when the market is actually breaking out.
Scalping on time based charts is stupid anyways in my opinion. Use range, renko, or tick charts to eliminate the noise. I don't know anything about FX. I trade /CL for income. Just getting into /ES because there's more liquidity there. I aim for 24-25 ticks a day in /CL. I did use range bars but I'm switching over to Renko 4 bricks.
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Old Jun 1, 2015, 12:46am   #14
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Scalping on time based charts is stupid anyways in my opinion. Use range, renko, or tick charts to eliminate the noise. I don't know anything about FX. I trade /CL for income. Just getting into /ES because there's more liquidity there. I aim for 24-25 ticks a day in /CL. I did use range bars but I'm switching over to Renko 4 bricks.
The problem with renko is you can not see the wicks. Believe it or not the candles with any sort of wick is very important in scalping. What you call "noise" is your message to take a position. Why? It means limit orders are being activated and you see 10-20 pips before you see a retouch of the starting breakout price. Thus the name "breakout" meaning the only constant the market has is in a breakout one price sets off a rush towards another specific price. Understanding wicks, and how they play a roll in burst trading is the "need to know", and when a person calls it "noise" then that person is ignorant to the conditions in which the market works in. How does a person get a 1:200 reward growth, no one ever expects to hit it, but when it happens one should take notice to it. The market runs in loops. #AttackTheLoop
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Old Jun 1, 2015, 6:16pm   #15
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ScalpingRus started this thread Here is an account I begin trading for since last week. http://www.myfxbook.com/members/goya...502903/1264450
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