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- davidwillis replied Mar 19, 2010
Counter trend reversal — I was not too confident in taking the long at 30, so I took a later entry after it broke the 156, and was showing it was reversing.
3X power trade
- davidwillis replied Mar 19, 2010
5 min continuation trade — here are my first two trades both 5 min continuations.
3X power trade
- davidwillis replied Mar 18, 2010
Counter trend reversal — trade #1 I got scared out again... I also recorded this one..
3X power trade
- davidwillis replied Mar 17, 2010
5 min continuation trade — two more trades... I guess I should have just held that first trade a little longer.... Still made pips on the two.
3X power trade
- davidwillis replied Mar 17, 2010
You can try it, but it will not be the same thing. I am looking at movements of less than a pip, and you usually see more than that in a minute. I like the zoomed in view to get a very precise entry. You can't get that on a 1 minute chart.
3X power trade
- davidwillis replied Mar 17, 2010
I recorded that second one, so you can watch me chicken out...LOL video
3X power trade
- davidwillis replied Mar 17, 2010
5 min continuation trade — Trade #2 I got scared out of this one for about break even. I should have held though, because it hit my profit target....
3X power trade
- davidwillis replied Mar 17, 2010
Counter trend reversal — hi, I use mbt for the feed, and I also set the pips to tenth pips. Trade #1 a bounce off the pivot.
3X power trade
- davidwillis replied Mar 16, 2010
Counter trend reversal — trade #4 And I think I am done for today.
3X power trade
- davidwillis replied Mar 16, 2010
Momentum continuation — Trade #3... I saw some momentum...
3X power trade
- davidwillis replied Mar 16, 2010
Counter trend reversal — http://www.ninjatrader.com/webnew/download_trading_software.htm Yes, its free. I usually take 2 to 5 trades/day. This is trade #2 for met today.
3X power trade
- davidwillis replied Mar 15, 2010
I use a 5 and a 15 for the trend, and when to look, then I use a 0.8 pip range for an entry (using a fractional feed). With this I have a 3-4 pip stop loss. Without the small time frame I could not get that.
3X power trade
- davidwillis replied Mar 15, 2010
Yes, I have found it very profitable. I have a hit rate of over 85%, and a RR of over 1. The 50ma on the 5 min is very good, Just add a very short term chart for precise entry. Here is another trade I recorded today. video
3X power trade
- davidwillis replied Mar 15, 2010
5 min continuation trade — I finally took one with the trend. I guess I could have held for more, but it was a very good trade.
3X power trade