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  1. peter2h

    scalping with peter2h

    Destriero is a young man who attacks anything he doesn't understand but he got lucky this time. It is sim, though not TWS as he thought. I was assured by someone who has a live account with TOS that the fills were equal on his live account and his sim. Maybe that was not correct so I will...
  2. peter2h

    scalping with peter2h

    That's good, Cafeole. I have changed trading styles a bit in the last two years but I think it's still worth a look.
  3. peter2h

    scalping with peter2h

    Your suggestion is good. I make some trades without having the time in advance to post the resting order. But the test of the system is whether the limit order put in far enough ahead of time to guarantee being near the front of the queue when the price is hit.
  4. peter2h

    scalping with peter2h

    Thanks very much for taking the trouble to look at the trades which some people found too much work and preferred to go on the attack without knowing anything. Anyway, I understand the disbelief in the system which now astounds even me with its accuracy. It took a long time of just watching to...
  5. peter2h

    scalping with peter2h

    The fibs are drawn using the hi/lo and lo/hi of the overnight session. I described the method in an article in Stocks and Commodities magazine, January 2016
  6. peter2h

    scalping with peter2h

    I don't intend to do this again but I'll indulge this time. You will see seven trades, all profitable.
  7. peter2h

    scalping with peter2h

    Thanks, Tenny. It seems you have completely understood my style as it is yours, too. The difference between us and others who are critical is that we don't have to take losses very often. A precise entry will result in a quick, though small positive result. When you go for a big result you...
  8. peter2h

    scalping with peter2h

    You're not interested enough to "vet" my fills, but you're interested enough to criticize my style in perfect ignorance. Please leave the thread. You're getting nothing out of this except the joy of the put-down.
  9. peter2h

    scalping with peter2h

    I report my orders well before they are filled as a rule. How can you say that I'm lying to you? You can see for yourself IF YOU LOOK. BTW, why are you following this thread?
  10. peter2h

    scalping with peter2h

    This strategy does not lose money. Some people go crazy when they see the word Fibonacci; luckily for me, it's their problem.
  11. peter2h

    scalping with peter2h

    My trades are generally quick and I find that having the target (four ticks) in place saves me worry . It's either win or lose, quickly--no decisions while in the trade. I admit that my strategy is a compensation for some of my own weaknesses, but it has proven to be very successful.
  12. peter2h

    scalping with peter2h

    I agree, but being a counter-trend trader I see that as an opportunity to buy.
  13. peter2h

    scalping with peter2h

    2900.25 was hit for four ticks profit
  14. peter2h

    scalping with peter2h

    2903 was hit and yielded four ticks of profit
  15. peter2h

    scalping with peter2h

    Yes, Tenny, that's very familiar, a good chart in my opinion.
  16. peter2h

    scalping with peter2h

    The chart above is a 1000 tick chart, but I have found that the time-frame doesn't make much difference. I draw the Fibonacci levels before the market opens and use the same ones all day. I think observers can see how price reacts to those levels on the chart. Maybe I'm wrong about that...
  17. peter2h

    scalping with peter2h

    Yes, OracleWizard, I will show a chart from this morning which is a good demonstration of how price reacts to the support/resistance levels.:
  18. peter2h

    scalping with peter2h

    Maxinger, you must have read the introductory post which said that I prefer trading in the slower hours. I have an equal risk to loss ratio; will take four ticks and risk four. My entries are good enough to make this a good strategy, and the entries are based on Fibonacci levels. You are...
  19. peter2h

    scalping with peter2h

    Having had a number of requests for clarification I will ask the moderator for permission to edit my introductory statement, an attempt to make clearer what I am doing and how I am doing it.
  20. peter2h

    scalping with peter2h

    Okay, the order at 2910 was filled and I took a small profit (4 ticks)
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