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40-100 pips per day – LIVE TRADING with SimpleScalp

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  #1  
Old 06-05-2009, 17:34
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Default 40-100 pips per day – LIVE TRADING with SimpleScalp

Hello all, attached are two indicators. These indicators are the zig zag
pointer from fx-50 and the double trix indicator from THV at another forum. (installation
instructions below the main post)

I’m calling this system SimpleScalp because it is exactly that … a simple
scalping system. Yet at the same time it is crazy accurate.

To enter a trade, wait for all three indicators to be in agreement. A
trade should be set with a 10 pip profit target and a 10 pip stop loss.
You can expect to be out of a trade in a maximum of 5 minutes. Personally,
I’ll close any trade after 7 minutes no matter where it is.

Now, there are a lot of systems here, and a lot of new traders. So, what I
am going to do is actually trade using this system LIVE. It’s nothing to
do this and may help several of you out. If you are interested in my live
trading sessions, shoot me an email or a PM and I’ll explain how you can
get into the session (no sense giving this out to the entire board if only
a few people are interested).

With these live trading sessions you will see my screen and everything that
I do and how I do it as regards my trading with this system. This will be
in real time and on my real account.

The biggest benefit is that the chat facility will allow you to ask
questions and the like.

I’m doing this for two reasons. The first is that I think it would be fun
to help out other traders. The second is that trading is often a very
solitary activity. In this way I am making it much more of a group thing
and getting people involved, which I think will make the trading more
engaging.

Third, doing it this way will allow literally ANYONE to trade. I think it
is possible that you could watch my live trading sessions and trade by
following me and then placing actual phone calls to your broker. You get
all of the “community” of being involved with the live trading and all of
the people that are part of that, plus you get to trade in a very no stress
way because you can just follow me and make the same trades that I make.

I’ll be doing live trading for all sessions on different days, so no matter
which session(s) you like to trade, you’ll be covered.

When you tell me that you’re interested in the live sessions, let me know
what sessions you like to trade.

To install the indicators, go to your main metatrader folder and find the
folder labeled “experts”. Now look for the folder “indicators”.

Put both of the files there and double click on one of them. MetaEditorwill
load with the file there. Click the compile button and then exit
MetaEditor.

Now, double click on the other file. Click the compile buton after
MetaEditor loads, wait for a second, ad then exit.

Now, open MetaTrader, open an EURUSD 1minute chart. On that chart put the
two indicators.

That’s all there is to it. If you have any questions, feel free to ask.
Attached Files
File Type: zip SimpleScalp.zip (26.2 KB)
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  #2  
Old 06-05-2009, 17:36
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Default

For the live link, Please PM me if you interested in joining.
The link is only available me.
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  #3  
Old 06-05-2009, 22:32
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Default hi

please how do i install it into meta4?i am also interest in the live sessions of newyork and uk
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  #4  
Old 06-05-2009, 23:18
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Default I'm Interested....

Sounds very interesting. Thx.

dual-c

Last edited by dual-c; 07-05-2009 at 00:45.
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  #5  
Old 07-05-2009, 05:26
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Default

Hi,

Can you help to paste a screenshot on how it should look like? I have added in the indicators but I dont know how to share the image with everyone here. Red line and Green arrows point upward occasionally.
Is that correct?

Thanks,
Alan (interested newbie)
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  #6  
Old 07-05-2009, 07:51
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Default

Hi I am interested in your live sessions, could you send details as I cant PM you at the moment.
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  #7  
Old 07-05-2009, 16:59
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Default Thanks.

Please rewite your email address so that i will send you more info.

Regards,
makealiving
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  #8  
Old 08-05-2009, 02:45
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Default email address

Hi
My name is JAS and my email address is:
jasosao@gmail.com
I would like to joint to your live trading session. Could you tell me when do you have this sessions.
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  #9  
Old 08-05-2009, 03:17
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Default

Quote:
Originally Posted by makealiving View Post
Please rewite your email address so that i will send you more info.

Regards,
makealiving
Hi,

This is my email alan.nyl@gmail.com.
Being a newbie, really need all the mentoring I can find.

Thanks,
Alan
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  #10  
Old 08-05-2009, 18:18
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Default Thank you for much interest!

Hi All,
Thank you for posting your email but please first email me.

We need to know what hours you trade so that a session will be
created for those hours. So Please email me with that.

ALL of the questions will be answered after I get your emails!

My email at darkcook24@gmail.com

Thanks in advance.
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  #11  
Old 13-05-2009, 07:02
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Default Ready to start

We are going to have the first live trading
session at 4am eastern time.
To be a part of the session,
to go to:
SimpleScalp Live Trading Sessions on USTREAM: This show will contain live currency trading sessions using the SimpleScalp system. During live trading, feel f

Let me know if you have any questions.
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  #12  
Old 13-05-2009, 21:38
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Default

please can you explain how i can to plac your system in Metatrader?
Thanks very much:)
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  #13  
Old 13-05-2009, 22:41
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Posts: 9
Default 40-100 pips per day

Hi
Thanks 4 sharing. I however have problems loading the indicaors on the chart as mt4 crashes when i try 2 do this. Did i miss something. I have tried 2 reach you by email.
Clem
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  #14  
Old 14-05-2009, 12:08
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Posts: 230
Default Scripts for Simple Scalper

I saw your interesting posts and tuned in to watch the vids.

Even though I could not see the chat part it was still fascinating to watch live trades unfolding.

I really liked the simplicity of your SimpleScalp and have set it up on MT4.

The default settings are not 63, 1, 13 as you suggested in the vid. Is this OK?

I would very much appreciate it if you would kindly send me the 'enter' scripts.

I am looking forward to using it and anything else that you can send that might be useful and relevant.

Thank you

Egwig
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  #15  
Old 15-05-2009, 13:15
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Default

Reply to Ace1

Don't know whether this helps or not - but check your MT4 build number in MT4/help menu/about - it should say version 4 build 220, Nov08. I think the THV Trix can be a bit temperamental and requires that you have the latest MT4 build.
If you have at least version 220 then Im not sure what the problem might be....

Regards,
BH
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  #16  
Old 15-05-2009, 13:37
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Default

I will love to try this system, sooon.
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  #17  
Old 15-05-2009, 14:34
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Default

Thanks for your efforts, I appreciate if you can explain us, how to judge that all three indicators are in agreement, also THVtrix.ex4 is already a compiled version.

thank you and kind reregards
ForeZak
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  #18  
Old 15-05-2009, 14:54
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Default tell me how

hello,
i have install the two indicators on my meta trader ,can you please explain more clearly when to know how to buy/sell,exit and any other information required,thank you
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  #19  
Old 18-05-2009, 07:37
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Default

makealiving : This is really interesting what you have mentioned. What I want to understand is about the chat function is all within the MT4 platform? I am pretty new to this, so pardon me if I sound a little silly.
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  #20  
Old 18-05-2009, 10:47
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Default oh my god

are you poarrow?
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  #21  
Old 18-05-2009, 11:08
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Default

Itrade. The chat function is on the website that shows Makealiving trading his system in real live time.
Each session is videoed so you can catch up later.
The main drawback is that each session can last a really long time; it is live trading, waiting for signals, after all.
The chat only works during the live sessions.
I found it well worth a visit.

Egwig
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  #22  
Old 18-05-2009, 13:19
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Default i sent u a mail

hello friend,i will like to join ur live trading room,have already sent you a message.kindly reply.
segxy
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  #23  
Old 18-05-2009, 21:23
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Default

The link is on Page 2 post ~11 of this thread.
I will copy it below.

Egwig



SimpleScalp Live Trading Sessions on USTREAM: This show will contain live currency trading sessions using the SimpleScalp system. During live trading, feel f
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  #24  
Old 18-05-2009, 22:29
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Default simple scalp method

Thanks you I like the simple stlye of trading. Being a new forex trader I can at least comprehend your system. I like the tight stops and target prices. Having a small account I can navigate the trades without fear of losing it all on a few trades. Trading can be a lot more fun without the fear factor. Thanka again.
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  #25  
Old 18-05-2009, 22:47
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i think the title of this advert is misleading. 40 to 100 pips a day???

not even Warren Buffet will claim that.
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  #26  
Old 19-05-2009, 09:20
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Rick. Have you watched his vids?
If they are genuine and I believe they are, then his claims do not appear to be so outlandish.
On one vid he makes about twelve trades.
Two losers, ten winners.
His TP is ten pips each time.
His stop is also ten pips.
He hadn't finished his trading day but was intending to carry on during the Asian session.
I think he may have made his hundred.

Egwig

Last edited by Egwig; 19-05-2009 at 09:22. Reason: Correct bad spelling
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  #27  
Old 19-05-2009, 09:29
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Default

Quote:
Originally Posted by Egwig View Post
Rick. Have you watched his vids?
If they are genuine and I believe they are, then his claims do not appear to be so outlandish.
On one vid he makes about twelve trades.
Two losers, ten winners.
His TP is ten pips each time.
His stop is also ten pips.
He hadn't finished his trading day but was intending to carry on during the Asian session.
I think he may have made his hundred.

Egwig
Hello egwig, can you atach the specific vid where he makes trades. he has many vids recorded and i have spent hours and hours going thrugh some and the ones i seem to view are the ones that has alot of pauses whaiting for trades to ocur. cheers
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  #28  
Old 19-05-2009, 09:53
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Macedonia. I too watched for many hours.
I just clicked on vids at random.
They are all long and drawn out.
They are his actual trading sessions.
I cannot remember what was on each one.
They are all very much alike.
It is better to watch his live sessions and to use the chat box.
He answers questions very well in real time as he is trading.
You may still have to wait a long time between trades but at least you can chat with him and other traders as you watch.
You can also take the same trades as he is taking.
It might be profitable.
Egwig
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  #29  
Old 19-05-2009, 15:12
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Quote:
i think the title of this advert is misleading. 40 to 100 pips a day???
Have you actually watched the videos or followed in real time?

I've been following the videos and 40 pips a day isn't outlandish. Yes there is lots of waiting but that's what trading is all about, waiting and watching for the best set ups.

The videos are free (so far) and the rules are clearly laid out and repeated each session for everyone to follow.

The indicators are taken from other systems and put together into a 10 pip scalping system and longer term intraday trend following system. It is above all simple and the guy who puts it on explains why each trade is taken or not taken along with with some fibo/pivot/trendline analysis, although I get the feeling he's introducing layers to the system slowly so as to keep the learning process going and not to overwhelm newcomers. A high proportion of the trades i've been following have been winners.

It's probably best to tune in live and trade along as it's pretty boring just watching the recordings.
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  #30  
Old 19-05-2009, 22:52
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Default Joing room

how do i joint the room?
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  #31  
Old 20-05-2009, 09:33
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faby. Here is the link again.

SimpleScalp Live Trading Sessions on USTREAM: This show will contain live currency trading sessions using the SimpleScalp system. During live trading, feel f

Egwig
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  #32  
Old 25-05-2009, 14:43
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Default fair

i have been testing the indicator this past week now,it gives early signal which later turn to be a fake trend,but so far if you have other indicators to confirm entry is a perfect weapon to scalp,thank for sharing you strategy with us,i would love to witness your live trading
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  #33  
Old 06-08-2009, 08:56
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Default I AM INTERESTED

Hi,
I am interested too. I trade GMT 0.00 to GMT 16.00hrs. I email ID is rm_chand@yahoo.com
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  #34  
Old 09-08-2009, 12:35
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Default

Quote:
Originally Posted by kakeeb View Post
i have been testing the indicator this past week now,it gives early signal which later turn to be a fake trend,but so far if you have other indicators to confirm entry is a perfect weapon to scalp,thank for sharing you strategy with us,i would love to witness your live trading
which indicator are you talking about?
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  #35  
Old 23-12-2009, 18:09
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Default Please add me for live trading

hi,
Thanks for live help on trading, am a newbie want to watch and follow your trading.
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  #36  
Old 30-12-2009, 03:04
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hi,
I am hanumanth newbie to forex. I want to watch and follow the trading rules from experts.
Thanks
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  #37  
Old 30-12-2009, 20:10
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Quote:
Originally Posted by nitherall View Post
which indicator are you talking about?
To all the people asking about this system.

See the first page of this thread.

The original author has not been heard from for six months.:(

Egwig:cool::cool:
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  #38  
Old 02-01-2010, 16:12
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Default

That's not a good sign
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  #39  
Old 02-03-2010, 10:26
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i hope he is well and not because the system doesnt work anymore. due to market turning. but at least could have update us.
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  #40  
Old 03-03-2010, 12:43
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Default Very sorry.

Hello All,

Thank you for waiting me so long.

You can find recent information about us here.
http://freelivetrading.com/

I hope you understand and accept us.:)
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