PA, S/R, ZL, EXTREMES & MOMO

scratty · Post by **scratty** » Mon Mar 21, 2011 4:48 pm

es/aj how do you determine position size. You both trade that active that im shure you trade the same size for the whole day to not think/adjust the size?

Thanks for feedback!

es/pip · Post by **es/pip** » Mon Mar 21, 2011 4:53 pm

when i am trading like this and scalping i pretty much never take more than a -10

so i trade at 2% per 10 pips

if i am trading something or even a scalp that needs a larger stop i will adjust based on where i need to put the stop

paweldobkowski · Post by **paweldobkowski** » Mon Mar 21, 2011 4:56 pm

Long @ 1.4207

Lookin for 1.4216

es/pip · Post by **es/pip** » Mon Mar 21, 2011 4:57 pm

out +3

scratty · Post by **scratty** » Mon Mar 21, 2011 5:01 pm

thanks for the answer es. So thats ~0.3-0.4% average loss for your small losses. So do you adjust during the day?

es/pip wrote:when i am trading like this and scalping i pretty much never take more than a -10

so i trade at 2% per 10 pips

if i am trading something or even a scalp that needs a larger stop i will adjust based on where i need to put the stop

es/pip · Post by **es/pip** » Mon Mar 21, 2011 5:02 pm

long again

basing this off the m30 momo

looking highs then will see

paweldobkowski · Post by **paweldobkowski** » Mon Mar 21, 2011 5:05 pm

out - 1

and short @ 1.4206 based on 5M

es/pip · Post by **es/pip** » Mon Mar 21, 2011 5:05 pm

scratty wrote:thanks for the answer es. So thats ~0.3-0.4% average loss for your small losses. So do you adjust during the day?

es/pip wrote:when i am trading like this and scalping i pretty much never take more than a -10

so i trade at 2% per 10 pips

if i am trading something or even a scalp that needs a larger stop i will adjust based on where i need to put the stop

when i was growing this account i did --- well i adjusted up never adjusted down

now i just withdraw pretty much all the profits each week and leave it at the # i have it at

---------- ran into m1 supply and m5 momo down out at -1

paweldobkowski · Post by **paweldobkowski** » Mon Mar 21, 2011 5:08 pm

out +3

now long @ 1.4203 and when im out ill sit and watch for a while cuz im gettin fckn confused

EDIT: aight BE

btw, look how good are my lines doin so far:

es/pip · Post by **es/pip** » Mon Mar 21, 2011 5:19 pm

long again

same reason

m30 momo the main

came into r becomes s on m1

then m1 momo bought into that

at 98

stop at 96

along with a m5 failure