This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Scalping FX with Cyrox Rainbow

Jump to new
I`m new to Ninja trader .
There seem to be many ways to place orders but I can`t find the best way to setup 2 presets :

buy : stop loss -3 , limit : 8
sell : stop loss -3 , limit : 8

as simple as that .. Where would I look to do this ?

cheers,
 
Not sure about Ninja - I only use Ninja for charting.

see your private messages.

cheers.
 
yeah, it's more about quite literally jumping in as soon as you identify the trend change.

havent had any trades the past week as I've been in Honkers for the 9-5 job.

Can't wait to get back into it.
 
Hey Tayser,
Been reading all your posts. GREAT WORK. Looks like l'll be jumping on the band wagon too. Living in Perth (time zone wise) and having 1 month of holidays, now is a perfect time to learn FX. Going to kick shares and just focus on FX.

Having problems trying to download EFX though. There site seems to a bit buggy at the moment, will try tomorrow.
I also got half way though downloading EFX before and Kaspersky said it was a virus, but, l'll get there in the end.
Quick question, is EFX the best ECN platform to use you have found? I was going to go OANDA, but read alot of people not happy with it. So it's EFX for the time being.

So, have you started trading for real yet Tayser?
 
yes, I'm live and there are two currenex brokers who reference the Cyrox forum which allow you to open accounts with them for min opening balance of $2500. Half the commission of MBT and spreads are invariably narrower.
 
Sounds good, l'll give it a crack.

Keep up the good work too. Very interersting Thread too.
 
I'm just giving OANDA a go now. The spread seems pretty wide to be honest. But the time you think that u either have a long/short signal, your so far out of the trade that it's not really worth chasing.


Quick question tayser. when you were using Oanda, AUD/JPY, how many units where you using?
 
Slowly getting the hang of it.

Thanks for all your tips tayser, l've learnt so much in the last 2 days. Lot still to learn, but getting there.
 

Attachments

  • OANDA-Day3.jpg
    166.3 KB · Views: 10
Tayser, if your as consistent as these pictures suggest, why not trade for a living?
 
tayser said:
Because I haven't build up enough equity yet?
Click to expand...

I rarley ever see you have a loss Tayser if this is the case what's stopping you from going full time?

Just compound on your daily take you will have a decent account in no time.

and a boat, Island, House, bling, Merc.............
 
I've changed what sort of entries I'm going for - this is the first week of live trading since changing and while we're on the topic, I'm surprised that no-one's asking questions on the technique anymore - the last few screenshots show a different kind of entry to what I've been using previously.

http://www.youtube.com/watch?v=tUTidDO2nas

http://www.youtube.com/watch?v=Ffr1NUMBn3c

http://www.youtube.com/watch?v=NGzg0Asoz1k

All done by Trollmann - watch them in high quality mode. In short I'm moving toward going 100% aggressive such as in those youtube videos, the key is to detect - at the earliest opportunity - the change in trend by looking for support and resistance in real time (lower highs, higher highs, lower lows, higher lows etc) and jump on for a ride.

Videos originally posted in this Cyrox thread: http://www.cyrox.com/forum/index.php?topic=289.0
 
Getting confused again , are you still on MB trading / ninja trader ?
Where did you find those exotic indicators that you`re using at the bottom of your graph ?
 
You must log in or register to reply here.

Similar threads

The dynamics of money and TIME: crimping cashflow for a period
Replies
3
Views
862
TiminOz
  • Poll
Financial Independence (Home Ownership, Super, Long Retirement) not possible for wage earners: What do we need and how do we get it?
11 12 13
Replies
258
Views
20K
Smurf1976
February 2025
2 3 4
Replies
60
Views
5K
ducati916
September 2024 DDD
2 3 4
Replies
66
Views
10K
qldfrog
January 2025 DDD
5 6 7
Replies
129
Views
9K
divs4ever
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...