EU - GU - GJ TRO SETUP TRADES
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Pre News Trade
5am EST.
I took a Long on the Pre-NFP range setup, I will usually have most of my daily goal reached before the news ever releases. +10 pips.
Now to get some pips off of the NFP, it will be interesting with most of Europe on Holiday.
I took a Long on the Pre-NFP range setup, I will usually have most of my daily goal reached before the news ever releases. +10 pips.
Now to get some pips off of the NFP, it will be interesting with most of Europe on Holiday.
- Attachments
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- EU Long.jpg (60.94 KiB) Viewed 5951 times
GJ
Market opened and pushed upwards, giving a 15 minute short signal.
Here is the chart showing trade.
+16 pips
Also had a GU short for +8 with the same signal, did not take EJ and EU short setup.
Here is the chart showing trade.
+16 pips
Also had a GU short for +8 with the same signal, did not take EJ and EU short setup.
- Attachments
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- GJ 15 min short.jpg (32.29 KiB) Viewed 5916 times
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pablo101
- rank: 500+ posts
- Posts: 973
- Joined: Tue Jun 30, 2009 3:10 pm
- Reputation: 43
- Real name: Pete
Hi Juan,
It's not a system but trading what I see from knowledge I accumulated from here at Kreslik and other forums.
Like most trading systems, it's trading away from SR levels and I got the idea part of the idea from FF from a trader called ns_karthnik who has a thread called Murray math lines, but his entry chart is a 1 hour. Also, I thought about how Dragon enters a trade when he reaches a zline or mo zone on a 5/15 minute.... again essentially trading away from a SR level
So on a 1 minute, at a MM level, one setup I look for is momo, then 123/abc whatever then enter, SL is small. Another setup is a pinbar at these levels, if I see the pin that touches the MML cleanly I would just enter no hesitation and ride the momentum, again SL is small. Trendlines are brilliant and you'll be surprised by how well patterns work out on the 1 min. Stressful but for some reason my overall trading has improved, must have learnt a lot of things fast.
It's not a system but trading what I see from knowledge I accumulated from here at Kreslik and other forums.
Like most trading systems, it's trading away from SR levels and I got the idea part of the idea from FF from a trader called ns_karthnik who has a thread called Murray math lines, but his entry chart is a 1 hour. Also, I thought about how Dragon enters a trade when he reaches a zline or mo zone on a 5/15 minute.... again essentially trading away from a SR level
So on a 1 minute, at a MM level, one setup I look for is momo, then 123/abc whatever then enter, SL is small. Another setup is a pinbar at these levels, if I see the pin that touches the MML cleanly I would just enter no hesitation and ride the momentum, again SL is small. Trendlines are brilliant and you'll be surprised by how well patterns work out on the 1 min. Stressful but for some reason my overall trading has improved, must have learnt a lot of things fast.
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pablo101
- rank: 500+ posts
- Posts: 973
- Joined: Tue Jun 30, 2009 3:10 pm
- Reputation: 43
- Real name: Pete
Hi Juan, even though I love scalping because of the low risk involved, it's friggin stressful. My thinking is that I want to master both short and long plays so when I build up my account I can use this MML method and be done in a hour or two then go rock climbing 
thinking about buying a ipad and go mountaineering would be very nice.
Anway, right now, I'm just waiting for the perfect setups like the one at I posted in lukx zline thread, there's more of a dance and poetry for me in that method so I'm sticking to it for now.
thinking about buying a ipad and go mountaineering would be very nice.
Anway, right now, I'm just waiting for the perfect setups like the one at I posted in lukx zline thread, there's more of a dance and poetry for me in that method so I'm sticking to it for now.