Yet another update

I think I'm really interested now. Can't really justify it yet if it is profitable or not, but some guys seem to be making a lot of money doing scalping instead of taking the bigger moves. It is true that when trying to catch the bigger moves it involves more risk, because you have to give more room ro the market, on the other hand, when scalping, it can be pretty tight, depending on the market range. On different forums, a lot of different ideas, a lot against scalping, a couple for, I guess I'll have to figure it out for myself. Well, since market moves in little waves (if on 1min chart) it might make sense to catch both those little downs and ups, thus increasing overall profit (or loss). But if I chose to wait for the big set-ups I might have to wait whole day and see nothing.
This evening I entered a position on 1min chart set SL for 10 or so pips and went a way from PC for a while. When I came back, it was past 9pm, right after Federal Open Market Committee's meeting, and it was +40-50p. Well, as a saying goes, to a good general luck is important, hehe. Did a couple more scalps after that. So, overall stats: +44 +5 +2 -9 +2 +3 -7 = +40. (-4 from scalping). It's still better than doing 15min charts with WCCI, for some reason. All this little trading was done in one hour, so it seems that it has potential. Market hours were very bad too. Only NY was open, London closed. But the news were big, and the move was substantial too.
About indicators when scalping - cci might give me a bit too many signals, but I'm yet to test in market hours. Dana-type ghosts come into my mind, though there might be a bit too many signals. A lot of people seem to be using only moving averages for scalping trades. I wish I had better access to day trading hours, though..

edit: Seems that brokers make money by trading against you. Makes sense, doesn't it? Statistically 90-95% traders fail so it's smart to do that. Scalping on their side, heh. Brokers seem to be against scalping, but if you keep the trades for at least a couple of minutes, then it's ok. One guy defined scalping as trading against price differences between broker chart data and holding for just a couple of seconds. For my blog, I call it something that's primary goal is <10 pips.
Happy trading.