Mad Scalper

Damn we got over 100 pages :smiley:

i really like to learn this and im so slowminded so with me u see easy another 100 in no time :eek: :slight_smile: ha ha ha

learning here ok so to small retrace hmmm ok a new thing to consider.

before i post my next trade this is going down some into 50 ema and it could not even touch 50 ema right ?

best regards

Jus got setup on GU +10
Same situation 40+ but a bit deeper pullback

jgadefelth you are right about price and ema. Dont worry you will get everything right. This is why we are here :slight_smile:

Jus got out of this one with +15

Is it not good if the trend have small verry small retracement is it not sign of trend is really strong ?

best regards

Youā€™re right

Another beutifull setup +10

Damn this setup is just amazingly beutifull look at the curves damn :slight_smile:
Will put this on my wall :smiley:
+10

Hey guys! :slight_smile: Iā€™m pretty busy these days, no time to scalp much so Iā€™ll be doing some set it and forget it trades and posting hereā€¦vsa-sr-fibb

happy trading. :slight_smile:

Good day,
Yesterday was funny day I had no trades :slight_smile: But it was veary god day to train self discipline.
Today is diferent just look at this baby +15

Hey petefader!
Nice to see you here!
Iā€™m looking forward for your trades and learn more from you!

Hello all,

Iā€™m new to trading (3 weeks) and I have had some lucky and unlucky experiences on demo accounts.

Iā€™ve used Blessing3 EA, Cowabunga Trading System, Gann Box, and now looking into the Mad Scalper Method you guys are presenting.

I tried the scalping method today for the first time, ended up with just about +5 pips overall. I missed some good opportunities because I was sleeping.
This method works pretty well IMO.

I have a few questions about this method and I hope someone can help me answer them.

1.) which TF works better for you? 5M by pete or 1M by Jan?

2.) how many pairs, at max, should I concentrate on when trading and which are the best for this method? Today, I used this method on EU, GU, U/CAD.

3.) If trading on 1M TF, what is a good TP target? Should I consider trailing stop loss?

4.) Does the MM rule of 2-3% still apply?

5.) How many trades should I make a day, or, should I just set a daily goal? (when goal is reached, i stop trading)

Thanks so much in advance!

ā€” still a noob :o

What a great 2 days we have hadā€¦ Amazing.

Does anyone happen to know a facilty in MT4 where we can replay days activity allowing you to execute as well?

I am trying to train someone up on this system so they can try replicating my deals.

Thanks

Hi everyone from sunny Wales, U.K.

Can anyone tell me how to create the shading which goes with the candlesticks as I only use the I.G.Index advanced charts; This company is regulated by the F.S.A. of the U.K.

If this is not possible, is there any other way of calculating how much drawback to allow before an entry is achieved.

The files do download but they are files that windows 7 does not recognise.

Thanks.
Welshy1

Hi Welshy

I too use IG. I just use MT4 for charting. Download MT4 then apply the downloaded file to MT4. Im using windows 7 and works fine

Hi Janqie,

Hope your trading has continued to be good. I am trying to understand your substrategy 2 but I donā€™t think I have grasp the concept. If I donā€™t misunderstand, your #1 play is that in a long trend, you set your SL point in the direction of the trend as it progresses. SL point is set at the last Lower high or highest low depending on downtrend or uptrend. However, I donā€™t understand 1) how to place entries in your substrategy 2; 2) how to identify the presence of a possible big trend and 3) how to exit at the end of a major trend.

Would you kindly enlighten me again. Thanks!

Did you ever post a template or indie for your setup because with the original petefaderā€™s indies & template I have so many S/R & PP lines that it can be confusing. Sometimes when I see an entry but a horizontal line is 4-5 pips away I wait to see if that line will be crossed. In short Iā€™m getting in too late on entries and thus losing some profitable pips. Many thanks for all your imput. D

Do we use Heikin-Ashi for this system or just candlesticks?
Thanks

Also does anyone know how to get a volume indicator on Oanda?
Im on a mac so cant use MT4, Any help is appreciated.
thanks

Hello, someone recommended this mad scalper to me today. i have installed all the indicators and it really looks fantastic in hindsight. However, i am also a fan of candlesticks and would love to know where this candlestick thread isā€¦ " Tymenā€™s excellent candlestick method ". I could not find the thread.
Iā€™d be happy to post any results here, i think this system may work very nicely for me.

Thank you and Thanks to Pete for sharing your system.