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Interesting video scalping ES...


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Interesting video scalping ES...

  #1 (permalink)
Jugador
USA
 
Posts: 162 since Jul 2009
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Too bad I don't speak french, but the video looked interesting. Any of you scalpers do something like this?

Scalping ES

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  #3 (permalink)
 ghman101 
Daphne
 
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Wow...perfect, it really helped!

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  #4 (permalink)
 
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 deltason 
Memphis, Tennessee
 
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Jugador View Post
Too bad I don't speak french, but the video looked interesting. Any of you scalpers do something like this?

Scalping ES

I've never seen anything like it. What's happening in the vid?

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  #5 (permalink)
Jugador
USA
 
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deltason View Post
I've never seen anything like it. What's happening in the vid?


Looks like the guy is selling a 10 lot at whatever the price is, then putting a 10 lot buy order in 1 tick below that, and just doing that back and forth, back and forth.

I noticed on the 1 minute chart, there's only like a 2 or 3 tick range for quite awhile, so probably best to try this in the wee morning hours, like 1am to 5 am (eastern), when the market is much less volatile. During regular market hours, the market could take off and burn ya.

I think the guy that did the video is Mr. Mostafa Belkhayate...

Here's a link to a news video about him... News Video (the video has english caption)

Seems like a really nice guy, and the real deal.

The video is kind of blurry, so if you missed it, he's using the Open E Cry platform

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  #6 (permalink)
 Affliction 
Springfield, MO
 
Experience: None
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Why don't more people trade this methodology? This may be a newbie question, but what makes this method that difficult? Or maybe I should ask, what is the trade setup, other than a tight range?

Try to be kind in your answers, but I am interested in more information.

Thanks!

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  #7 (permalink)
 
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 vast 
Australia
 
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Maybe Cunparis can help with the translation.

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  #8 (permalink)
 
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 randyjb 
Southern California
 
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Well the news part was somewhat interesting.. but watching a selective video capture of someone trading a demo account back and forth during a tight consolidation period doesn't quite get me excited.

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  #9 (permalink)
Jugador
USA
 
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randyjb View Post
Watching a selective video capture of someone trading a demo account back and forth during a tight consolidation period doesn't quite get me excited.

These days, I get excited at just about anything!

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  #10 (permalink)
 
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 deltason 
Memphis, Tennessee
 
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Jugador View Post
These days, I get excited at just about anything!

Me too, Jugador. High 5!

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Last Updated on May 13, 2010


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