Well I'm not sure but from my own observations I've seen that the more traders are anticipating some news, like NFP last week or FOMC yesterday, the more the market will range going into it. When London closes, eurusd takes a couple hours to wind ...

Can you profit in a ranging market?

That's a really interesting comment and I'm curious as to where you get that kind of info?

USD/JPY Discussion

Hey buddy I don't have too much time but I'd like to say for the start of the range I think I'll be looking at time of day and news coming out, then 1H S/R and watching how price/BB reacts...gotta go!

Can you profit in a ranging market?

In case you haven't read the last page or so, it's important to note that I don't trade gold, I'm just using a simple strategy I use for currencies on gold. But you're welcome anyway!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Possible new rules: 5M and 30M show strong momentum. This is a must, there must be a significant distance between the 5 and 12 EMAs on both time frames. Use the same trigger setup I've been using, except now we're back to the 1M. Only enter in the ...

1 minute momentum scalping

Sorry for the lack of videos, I have been juggling too many things while trading to bother. I have been testing out different tweaks to this strategy, and they make such a huge difference. I've been learning the importance of understanding the ...

1 minute momentum scalping

The setup in that previous post was the only pretty entry so far. Maybe we will range until the FOMC and FFR at 2:30. But the momentum earlier in the day has this consolidation looking like price is just taking a breather. I'll have to make a ...

1 minute momentum scalping

The daily and 3h want to agree soon. I use 2 moving averages (50, 20 EMA) and RSI 20 above or below 50. When the daily and 3h are agreeing, I'll take inside bars (IBs) on the hourly because it is the most basic and universal and black and white ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

We have some news coming out at 8:30 but the big boys are waiting for the FOMC statement and the Federal Funds Rate. Wow I got my charts up and ready by 8:02, just in time to see my setup pass me by.

1 minute momentum scalping

Thank you very much for that TEB for real, I was working on something similar and I really appreciate seing where you put your stuff.

TEB 5ema & 12ema and 21 RSI (MTF)

I changed the settings on RSI to 6 periods, and changed the overbought/oversold levels to 50. It seems to work pretty well so far looking for a signal from a cross of the 50 line with a MACD cross as well. It feels weird typing this stuff because ...

Can you profit in a ranging market?

Hey bud Seems to me as though we're on the same page. Maybe this week I'll try some range trades during the late afternoon/early evening over here (7:15pm right now).

1 minute momentum scalping

As I was typing about that entry, this happened: Price was at the top of the new channel, oversold (5M). On the 30s, RSI comes out of oversold territory and MACD crosses down. Perhaps you could put a limit order just under the candle the arrow is ...

Can you profit in a ranging market?

Perhaps the idea of going long at the bottom of the range in an uptrend, taking half off at the other end of the range (SL to BE), and repeating each time price gave a signal off the bottom, and holding in anticipation of a breakout could be a ...

Can you profit in a ranging market?

There have been too many days of 4 hours of a tight range. Here's a small poem. It may be because it's the summer. At first it would eat my account. Then I would sit out. Then this thread came about.

Can you profit in a ranging market?

Ok cool I see what you mean that's interesting are you referring to a simple moving average? And certain news stuff is very helpful. Multinational corporations watch this stuff very carefully because their bottom line is greatly effected by the ...

1 minute momentum scalping

Wow than you very much for that comment buddy. I will take note of this in the future. I especially like the idea of buying in a longer term up trend, anticipating a breakout. I think 1/2 off the table and stop to break even could be the answer. If ...

Can you profit in a ranging market?

hey bud thanks for checking out my thread as far as a filter goes, i want my 5M 5/12 EMAs to be in order with a nice angle, also i would like RSI to be less than 50. this gives me my trend. an additional filter is also the economic calendar, if ...

1 minute momentum scalping

Here is an example of what i mean with an indicator based trade. It's the same PA from this morning again. On the 5M price pokes out of the BB and is oversold. On the 30S, the 5 EMA crosses the 12 EMA. If you're targeting the middle BB that's 10 ...

Can you profit in a ranging market?

I like price action but on this small of a time frame I'm not ruling out indicators. What if I set up a 5M and a 30sec or 1M. I could get my range from the 5M (in addition to SR from the 1H) and take entry signals from the 1M. Who knows what kind of ...

Can you profit in a ranging market?