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Fxtraveller
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Postby Fxtraveller » Fri Oct 02, 2009 1:46 pm

es/pip wrote:
Fxtraveller wrote:As I only had 1 trade at beginning of the week and everybody else was trading like crazy, I thought Id join in =]

My rules to enter where price pullback to BO line by MOMO candle are good, but few (but very secure) opportunities.

(ex. GBPUSD H4 pic below)


But I noticed es/pip takes his pips at OPEN of a MOMO bar... (and I should know that if I was reading the NLA thread more attentively).

So.... I trade now the OPEN of a MOMO (Open +3 pips, dont want to miss the trade=).

+25 pips on GU limit order (GU H1 pic), was sleeping, PA is not much of a problem if a Zline is properly identified.

The BUY trade was not taken, but could have been, at MOMO open + 3 pips

8 profitable trades in a row. never had this.

Will be going live with this very soon




But I noticed es/pip takes his pips at OPEN of a MOMO bar... (and I should know that if I was reading the NLA thread more attentively).


i TEND to do that but i am still aware of the high/low area

a zl is anywhere there is held profit

so traders are executing trades of the highs and lows as well as off the open closes.

just mark them where you feel comfortable, you obviously understand what you are looking at

Image



thats the POINT =]
I was looking ONLY at High/lows (the breakout of Highs/Lows)

But now im also looking OPENs.

Keep learning.

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es/pip
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Postby es/pip » Fri Oct 02, 2009 1:51 pm

scalping the news release :evil: :evil: :evil:



Image
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 » Fri Oct 02, 2009 1:58 pm

sat here and watched this go str8 up

couldn't find a good area to get in

had a couple chances at it but i passed thinking i would get a better price


lol

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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 » Fri Oct 02, 2009 2:09 pm

pablo101 wrote:Not just u :(

Fxtraveller wrote:????

is this just my broker?

other pairs as well.

stop hunting?


same here

just from the news release looks like somehow it just froze for a sec or two---- but the news was what drove it down so you know that bar is just str8 down and the held profit is there


i still traded it lol

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

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brettnchrism
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Postby brettnchrism » Fri Oct 02, 2009 3:24 pm

One trade today post news. Only took one trade met my daily goal of 20 pips.
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dragon33
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Postby dragon33 » Fri Oct 02, 2009 3:25 pm

Fxtraveller wrote:????

is this just my broker?

other pairs as well.

stop hunting?


I had the same on Alpari only on ej
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

Fxtraveller
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Postby Fxtraveller » Fri Oct 02, 2009 3:41 pm

is there any way to post a document bigger than 265kb?

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prochargedmopar
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Postby prochargedmopar » Fri Oct 02, 2009 3:43 pm

brettnchrism wrote:One trade today post news. Only took one trade met my daily goal of 20 pips.


Brett,
Really going for 20 pips a day?

What about the 70's and 80's you've been getting....LOL
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Braathen
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Im not a big news fan yet myself

Postby Braathen » Fri Oct 02, 2009 3:56 pm

Didnt trade during the news.. feel a bit too green for this yet but i did spot the retrace and turned out really well

Image

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es/pip
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Re: Im not a big news fan yet myself

Postby es/pip » Fri Oct 02, 2009 4:10 pm

Braathen wrote:Didnt trade during the news.. feel a bit too green for this yet but i did spot the retrace and turned out really well

Image


yep

on the m15 m 30 it showed it clearer

and then the sell off back into the h1 support and then back up again

its like playing ping pong

only it pays very well
Bend over and assume the position for another 4 years of hope and change.

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