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Search: Posts Made By: Xzap

Forum: Traders Hideout

September 28th, 2009, 08:18 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Summer is over so I'm back to trading the pivots....

Summer is over so I'm back to trading the pivots. I absolutely HATE scalping.

dave

Forum: Traders Hideout

July 19th, 2009, 08:02 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

I overlooked your time frame question Vic. ...

I overlooked your time frame question Vic.

During the day I'll have open a 5 min, a daily that goes back about 2 months, (this is good for the major sup/res levels) and 2 (two) 512T charts. I...

Forum: Traders Hideout

July 18th, 2009, 11:22 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Hi Riverend, I'll use support & resistance...

Hi Riverend,

I'll use support & resistance areas, the tape and the strength of the bars but never more than 2 point stop and I'll exit sooner if it looks like my entry was totally wrong.

If...

Forum: Traders Hideout

July 18th, 2009, 09:36 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Exact same chart with nothing but the MACD...

Exact same chart with nothing but the MACD histogram.

dave

Forum: Traders Hideout

July 18th, 2009, 09:30 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Here's a great example from Friday, 7/17/09. ...

Here's a great example from Friday, 7/17/09.

Chart: ES, 5 minute
Indicators: Floor pivots, MACD

Plan: Enter on 2nd histogram bar above 0. From entry to high would have netted a +5.25. You...

Forum: Traders Hideout

July 18th, 2009, 08:25 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Update: I really didn't have time to test this...

Update: I really didn't have time to test this more this week but in reviewing my charts at the end of trading I can see this WILL WORK if hard rules are written and followed.

I see a way to get...

Forum: Traders Hideout

July 13th, 2009, 07:54 PM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Glad to see that work out Chartsky :) ...

Glad to see that work out Chartsky :)

Hopefully this week I'll have more time to test it myself.

Thx,

dave

Forum: Traders Hideout

July 10th, 2009, 08:03 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Will do KingFish. I had planned to this week but...

Will do KingFish. I had planned to this week but forgot it was the week after July 4th so it's been very low volume and little movement.I doubt it will be much better til September.

Thx,

dave

Forum: Traders Hideout

July 8th, 2009, 10:31 PM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

This is working out pretty good for entries. I...

This is working out pretty good for entries. I would like to see a way to get in at least 1 point quicker tho.

dave

Forum: Traders Hideout

July 3rd, 2009, 08:31 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

It's very easy to get overloaded on indicators in...

It's very easy to get overloaded on indicators in pursuit of that Holy grail. I think this is probably something every trader goes thru.

I realized that I had gotten so far away from the basics...

Forum: Traders Hideout

July 2nd, 2009, 07:01 PM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Hi Vast, I don't take every trade, especially...

Hi Vast,
I don't take every trade, especially on days like today. As far as validation, I'll glance at a chart with the pivots, ema's, etc and then part of it is just having a feeling for the chart....

Forum: Traders Hideout

July 2nd, 2009, 06:46 PM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Max.. I did 5/5 with this today. This is on 2...

Max.. I did 5/5 with this today. This is on 2 cars:
Total = 4.5 points

These aren't great numbers but the 5/5 tells me it's a great tool for entries :)

Thx,

dave

Forum: Traders Hideout

July 2nd, 2009, 10:38 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

One short, one long. Next week I'll turn on...

One short, one long.

Next week I'll turn on "show trades on chart" Max and show you where I enter and exit.

As I said, I got info over load and thought I'd try getting back to the basics I...

Forum: Traders Hideout

July 2nd, 2009, 10:19 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

And this is the same chart w/the MACD, floor...

And this is the same chart w/the MACD, floor pivots and a 20/50/200 ema.

Thx,

dave

Forum: Traders Hideout

July 2nd, 2009, 09:52 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

I watch for the 1st bar to cross the zero line...

I watch for the 1st bar to cross the zero line and then enter on the 2nd bar. I just started using this this week so it's not nailed down yet.

dave

Forum: Traders Hideout

July 2nd, 2009, 09:25 AM

Replies: 25

Very basic scalper set up

Views: 17,160

Posted By Xzap

Very basic scalper set up

Since it's been slow for a few weeks I've tried some very basic set ups; back to the basics as I call it. Myself, I've gotten info overload so I reverted back to the basics.

This set up is is...

Showing results 1 to 16 of 16

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