Filthy Rich for Dirt Cheap - Ajaymein

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ajaymein
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Postby ajaymein » Mon May 23, 2011 2:35 pm

Closed +3

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Postby ajaymein » Mon May 23, 2011 2:38 pm

Went short...that orange zone may break...

Edit: Knocked out at BE...its going lower tho

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Postby ajaymein » Mon May 23, 2011 2:47 pm

Got back in...

Edit: Stop at BE

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Postby ajaymein » Mon May 23, 2011 2:52 pm

Closed +4 and went long

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Postby ajaymein » Mon May 23, 2011 2:54 pm

Closed +5 went short

EDIT: Tightened stop above last high on M1...hourly close may send this flying up or down but I'm looking for down

EDIT: Stop at BE

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Postby ajaymein » Mon May 23, 2011 3:01 pm

Closed +9

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Postby ajaymein » Mon May 23, 2011 3:08 pm

Already way way over my goal...nearly 100% for the day (3 hours) on a side account I traded after I hit my goal on main account...took a smaller position and will let it run to the green line and check PA for exit or hold for maybe the move of the day...in case this momo gets engulfed, will look to see if I can close with a smaller loss.

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Postby ajaymein » Mon May 23, 2011 3:11 pm

Trades happened quickly and I didn't have time to explain in between...if anyone has a question just post it and I will post an explanation.

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Postby spa » Mon May 23, 2011 3:25 pm

what spread do you got on XAG? .. i wouldn't be able to switch them that quickly without paying close to half the profits on spread...
on the trading side..excellent job in acknowledging and trading the sup/dem zones

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Postby lazygeorge » Mon May 23, 2011 3:29 pm

Hi ajaymein,

My question is how you go about picking the supply and demand areas,
i take it they are from a higher TF..your entry is based on shorter TF momo??

I have been trading more of a dragon33 style,less trades and a set target of e.g 40 pips a day or something like this......

But im amazed at how the likes of yourself and the likes of es pip trade this scalping style,and i would love to be able to learn this just to see if it suits me or not.

Any advise or help for me to make the transition would be greatly appreciated....

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