[brownsfan019]

You should post your daily blotter over here w/ the rest of us!

[KillPhil08]

Reading over the posts, I've been fairly emotional. Bit annoyed. I hit the top and bottom of cable today, but didn't hold them for as much as I could have.

Daily candle is forming and if it holds under 15260 then it'll be likely a new trend will start. I'm looking for shorts to hold.

[BlowFish]

Do you have good criteria for exits or is it pretty much on gut feel? If you don't have clear rules for exits then you aren't really breaking them. At the moment I tend to target the last swing in the first instance but tend to suffer the same malaise.

[KillPhil08]

More or less If going against the grain i'll try to aim for where the support/resistance failed and dropped to the price. If trying to get in long i'd trade breaks and look on hourly for areas.

[BlowFish]

Thats one of the issues with looking at multiple timeframes. At some stage once your trade is under way you need to 'zoom out' a bit to allow the trade to run to the target on the bigger chart. I have found I do best when I doze off ....which has happened a couple of times this week

[KillPhil08]

Don't even go there! hehe. Will update my account tomorrow morning gotta dash.

Good trading everyone.

[elitejets]

Good luck with your new thread Phil
Lucky you are scalping, there is nothing I like on the daily charts tonight.
Nic

[ceydababy]

Originally Posted by KillPhil08 »

Right. First off;

This thread is about scalping and contains live trades only. Feel free to join in, the more the merrier and when there's some competition I tend to work harder!

I'm going to show you how one way trades with very little risk but an immediate win/lose scenario can happen. I will be trading counter trend most of the time, playing bounces on major levels and news trading.

I've already finished for the week already in two trades overnight (SWEET) so I'm going to use the account this whole week to see what % return I can get over the next month or so. I will be withdrawing money out of this account everytime it hits £1500 = (-500) £2000 = (-500) £3000 = (-500) etc!

Hope you enjoy watching or contributing!

Good trading.

Starting with:
£500.01

Current Balance:

I'll join you with some live trades big guy, only if thats OK of course.

Good thread by the way.

I'll be trading FTSE (100 tick) Euro Yen (500 tick) and YM (100 tick)