Archive for the ‘Day Trading & Scalping’ Category

SHorting against the box to circumvent SEC rule

22 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi,

I'm currently a day/swing trader, but my account is under 25K. I don't want to freeze my account by making more than 3 round trips in 5 days. But sometimes, an opportunity comes and I just have to trade out of my position. So I wonder, if I bought a stock, and short sell it in the same day, is that considered a day trade by the SEC. Or on the other hand, short sell a stock first, then later buy the stock in the same day to lock in my profit.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Free Holiday Package For Bears.

21 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

HI BEARS,

ST CONDUCTING A LUXURIOUS TOUR PACKAGE FOR BEARS. PACKAGE CONTAINS......

* FREE UP & DOWN AIR TICKETS
* A/C DELUX ROOMS
* BAR / SWIMMING POOL
* INDOOR GAMES
* VEG & NON VEG MEALS (SEP. KITCHEN)
* 1461 DAYS / 1460 NIGHTS


PARIS MAURITIUS MALAYSIA

PER SEAT RS.0/- PER SEAT RS.0/- PER SEAT RS.0/-

THIS OFFER ONLY FOR THE BEARS ............

HURRY UP BEARS ............

BOOK YOUR TICKET NOW... ANYTIME THE FLIGHT WILL START.....

SORRY BULLS. YOU HAVE WORK HERE. DO YOUR WORK PROPERLY. AND TAKE REST AFTER 4 YEARS. IF YOU WANT TO WORK WITH US SUBMIT YOUR RESUME BY ONE CLICK ON BELOW GIVEN LINK.

put your resume here..

REGARDS
ST TEAM
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Turtle Strategy- for daytrading?

20 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

I am writing this on the assumption that a lot of people will have heard/ read about the Turtles and their strategy.

Anyway, i just wondered if anyone has tried applying similar rules to a daytrading/shorter term strategy?

e.g. The turtles used a 20 day breakout strategy- and a 55 day breakout strategy. How about replacing the daily bars with 5 minute bars, or 1 minute bars? Also adapting the other rules as appropriate. (ATR, stops, etc).

I've not looked at this in any detail - although a quick glance at my open chart (which happens to be oil) shows that this would have caught the big downward move that happened between 6.30pm and 7.30pm (UK time).

Although this strategy is prone to whipsawing- it obviously worked for the turtles- as jumping on board a decent trend can more than make up for a multitude of losses.

Anyway, just wondered if anyone had any opinions on the above?

Also.. does anyone trade breakouts of any kind- of the variety of breaking out of x number of previous bars range? I want to hear your experiences here too.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Trading Long at High of Day

17 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

I'm interested in this issue specifically as it applies to trading the eminis, but I suppose trading individual stocks, forex, etc would be pretty much the same.

Suppose you are a day trader using a pretty tight stop of 10 ticks. Further suppose your general strategy is to look for a trend, wait for a retracement, then enter a trade in the direction of the trend when the retracement is over & the trend continues. The question is, is it wise to go long at the High of Day (HOD)?

From my experience the answer is NO and Yes. No, because it seems you get stopped out more often at the HOD than at other times. Yes, because when it does move in your direction, the move seems to be larger at the HOD than at other times.

And what about using the same strategy, but going short at the Low of Day (LOD)? This seems to be a wiser trade than going long at HOD. Because down moves in general seem to be more explosive than up moves. And of course current market conditions would generally favor shorts.

Any traders have any thoughts on this topic? Does anyone have any statistics?

Good Trading to all,
miracletech
TuffTrade- Day Trade Smart
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Why stops are going off early ??

16 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

I'm having a few problem with stops. Not sure if I'm entering correct orders, say if I'm short ebay at $12.10 and I immediately enter a stop at 12.25 risking 0.15 what would be the order for this. Simply market stop/price/ day? My stops seem to go off early when stop price not touched any idea.

Also what would it be for long at 12.10 with a stop 11.95 if touched.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Day trading with CFD

12 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi, I have started day trading US stocks by spreadbetting. The spreads are very wide and want to know the alternatives apart from Direct Access. I understand CFDs might be the best option but can anyone tell me if the spreads are better and which broker is best for US shares.

Thanks.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Emini S&P Futures Question

10 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi guys, I'm new to daytrading. Looking to learn as much as I can. I'm kind of confused with the pricing of the emini futures S&P. Is it $50 a contract no matter what the price and you make your gain/loss off of the price change? For example, if you buy 1 contract at 950, and sell at 951, you made $50? Thanks in advance!
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Grey1

09 Nov 2008

2 Comments  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

How does one go about contacting Grey1 and requesting to be a part of his Technical Analysis forum? I have requested to join his group several times, over a 2 month period - but never receive a response. I've heard he does live webinars from time to time and would like to participate, if possible. Does anyone have any information about how one goes about joining the group?

Thanks.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Scalping FX vs Futures

03 Nov 2008

No Comment  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi everyone at T2W!

This is my first thread at this forum, Ive been a member at FF for a couple of years but have now decided to venture out in to the wilderness a little. Quite a different forum here, interesting though.

My reason for starting this thread today is to ask for the opinions of any scalpers about the Pro's and Con's of scalping Futures compaired to FX.

Ill be a little more specific and tell you what kind of scalper I am as it seems the definition for scalper is different to many people. My scalping involves FX trades that last from seconds to afew minutes 95% of the time and Possitions are not allowed to move more than afew ticks in to the red before they are closed out, profits are taken depending on the currnt market, stalling price/a target/sign of reversal. A problem that I am see'ing over the past month or so is increased spreads ontop of commisions which is making the job much more difficult than I had antisipated.

A note to anyone who may want to try and tell me im foolish and refer me to some other kind of trading, please dont. This is the only kind of trading I want to do, if I cant do this, then I dont want to trade.

I hope I get some interesting responces.

Good trading, Leon
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Trade Set Up….Gimmy LONG

01 Nov 2008

2 Comments  Day Trading & Scalping, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

The Gimmy Trade Set Up.....

Indicators Required
610 Tick Chart
1...Keltner Band Set to 3.8 ATR and 55 EMA

2...Volume Oscillator

3...Advance Moving Average (AMA)

4...Two Line TRIX

TRADE- Take Advantage of EXTREMES in PRICE

Candle should be OUTSIDE the K-BAND AND AMA below PRICE Signal to go long is when the Volume Oscillator goes green....first target is 34 EMA them 55EMA You can stay with trade as long as Vol OScillator and TRIX are ABOVE Zero Line

FRIDAY Oct 31st had 2 GREAT GIMMY shorts and TWO Great GIMMY Longs 27 points total......
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Older Posts »