PA, S/R, ZL, EXTREMES & MOMO

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es/pip
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Postby es/pip » Thu Mar 10, 2011 7:13 pm

had 80-86 shoulders on h4

tried to get 80 and it bounced off the 86

out with 6
Bend over and assume the position for another 4 years of hope and change.

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cfabian
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Postby cfabian » Thu Mar 10, 2011 8:08 pm

es/pip wrote:Image

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espip, I can see you're scalping hard core, while time back you traded higher timeframes.

I'd like to know you opinion on the two approaches. I'm debating about what is best, to scalp and grab 20 pips a day, or pick 2 - 3 trades a week and pocket 50 - 70 pips on each on average in a "more relaxed" way, with nice setups.

Cheers
WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"

FXfreak
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Postby FXfreak » Thu Mar 10, 2011 8:15 pm

limit 50

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es/pip
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Postby es/pip » Thu Mar 10, 2011 8:18 pm

i try to trade the higher time frame when we are at those areas but when we are in between i try to trade to and from them so it ends up kind of scalping but i am still trying to trade to and from them

then other times i just take scalps based on the smaller

its hard to explain , i just trade what i see at the time
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Thu Mar 10, 2011 8:19 pm

there is the move to 80 in eu

not in it again

lol
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Thu Mar 10, 2011 8:23 pm

shorted the ey on s becomes R

got out way too early though

only took 8



Image
Bend over and assume the position for another 4 years of hope and change.

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newscalper
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Postby newscalper » Fri Mar 11, 2011 8:07 am

Here's today plan: Fade USDCAD short down to the daily zline. Then long from the daily zline:
Daily chart

Image

Hourly chart
Image

Comments?

Edit: IN 97448, stop 97552

FXfreak
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Postby FXfreak » Fri Mar 11, 2011 8:41 am

newscalper wrote:Here's today plan: Fade USDCAD short down to the daily zline. Then long from the daily zline:
Daily chart

Image

Hourly chart
Image

Comments?

Edit: IN 97448, stop 97552


sounds like a plan. good luck!! ;-)

i try to long at 18

Image

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newscalper
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Postby newscalper » Fri Mar 11, 2011 9:03 am

Out on the short for +10. Could have had more but that means holding for more. Now momo against on 5 min so out, waiting to see if it goes further down to the daily line now before looking for long entry.

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newscalper
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Postby newscalper » Fri Mar 11, 2011 11:49 am

Looks like the daily zline long worked. I didn't manage to get in on it - didn't come down quite as far as I was expecting then couldn't see a way in. Rat traders would have gotten on it but if yo wait for some kind of pullback, couldn't see it there on the small TF.

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