Never Lose Again

Fxtraveller · Post by **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

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

But now im also looking OPENs.

Keep learning.

es/pip · Post by **es/pip** » Fri Oct 02, 2009 1:51 pm

scalping the news release :evil:

es/pip · Post by **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

es/pip · Post by **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

brettnchrism · Post by **brettnchrism** » Fri Oct 02, 2009 3:24 pm

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

dragon33 · Post by **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

Fxtraveller · Post by **Fxtraveller** » Fri Oct 02, 2009 3:41 pm

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

prochargedmopar · Post by **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

Braathen · Post by **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

es/pip · Post by **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

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

Kreslik.com - traders community since 2006

Never Lose Again

Im not a big news fan yet myself

Re: Im not a big news fan yet myself