Calling all scalpers!!!

ScalpingRus

Junior member
22 1
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.
 

NVP

Legendary member
36,588 1,858
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
 

ScalpingRus

Junior member
22 1
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.
 

drtro

Active member
216 21
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.
 

ScalpingRus

Junior member
22 1
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.
 

drtro

Active member
216 21
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.
 

ScalpingRus

Junior member
22 1
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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