Forex Trading Strategies: Scalping – Do As I Say Not As I Do

by admin on June 20, 2010

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{ 8 comments… read them below or add one }

Glendinning1955 June 20, 2010 at 7:23 pm: Great concept. I have just tried it myself.. First mistake – I used the 5 minute chart not the 15 minute chart. Had I used the 15 minute chart I would have got an entry better by about 10 pips. We all have to learn. Currently my trade which is USD/JPY is looking good. Really powerful idea and I shall be using it in my trading. Thank you for a really great idea and video.
BKTraderFx June 20, 2010 at 7:55 pm: @BTrull 2 wrongs and you are out is a good rule, but I accept the fact that I will give pips back in chop as that the nature of the game.
BTrull June 20, 2010 at 8:50 pm: Thanks for sharing . I find using 3 minute chart and 21 EMA a little more helpful here, on a similar system. Also I got whacked Friday on the EUR /Yen but obeyed my rule of 2 wrongs and was out- then switched pairs to the AUD/USD and made 4 nice scalps ; with trend.
BKTraderFx June 20, 2010 at 9:09 pm: @TimothyMcCready I am glad you guys agree.
TimothyMcCready June 20, 2010 at 9:41 pm: Good note, Boris: as traders we need to continually be evaluating our actions and the rationale behind them. Confronting our errors head on is the only way to minimize them.
ntoiyt June 20, 2010 at 9:44 pm: Thank you, thank you for sharing your trading experience.
chrisdress June 20, 2010 at 10:38 pm: Boris: I appreciate your candor!
webozzy21 June 20, 2010 at 11:12 pm: “The trend is your friend”.

I enjoy your videos, have a good weekend Boris.