es/pip wrote:MightyOne wrote:es/pip wrote:MightyOne wrote:es/pip wrote:pro,
i wasn't planning on trading----just answering your q.
but when i was marking my chart i was like looky looky
i owe ya a beer
Might want to focus on momentum outside of congestion first
i entered 1/4 on the first candle back into the zone on my chart and then i added to it a couple of times when it started moving
but once i entered on the first candle back into the zone as far as i knew it could have gone straight up------- how would you have handled/entered on this one
thanks
Without a marked chart from you to go along with your text I can't do much for you.
There are so many things that you can do with more time to breathe and more space to move, but this is a 5 minute chart.
Just enter when you feel like entering and exit when a body closes against you.
I scalp for 2/3 risk and then risk the gain on a separate trade to grab as many pips as I can.
Position size:
First trade: 1 unit ( .67u scalp)
Second Trade: .66 (any)
Third Trade: .44 Stay here gunning long term charts on small TF until 2 losses. (LARGE)