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frankkn replied Jul 22, 2010here's something i don't normally do too much: on the hourly candlestick chart, we have a reasonable pin bar off of R2 that was an area of support all day july 20th the pin bar's open and close are within the body of the previous candle and there ...
1 minute momentum scalping
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frankkn replied Jul 22, 2010lots of positive stuff coming out of europe. all kinds of stuff due to come out today i've got my RNs pivots and weekly pivots up, HA, and only 2 emas (8 and 21), and no indicators. my game plan for today is to wait for a strong fast move, retrace ...
1 minute momentum scalping
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frankkn replied Jul 21, 2010hey max feel free to post charts of how you trade i would love to see your perspective, good to talk to another 1M HA guy today we were stuck between the weekly pivot and daily S1 from the time i sat down until bernanke's speech during the speech ...
1 minute momentum scalping
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frankkn replied Jul 21, 2010so price has been ranging all morning as support we have the important psychological level 1.2800 a few pips below S1 the weekly pivot is our resistance we are waiting for crude oil inventories, then bernanke has a speech at 2pm. i might post some ...
1 minute momentum scalping
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frankkn replied Jul 20, 2010hey everybody slow start to the week, just one trade today as well. this time for -4 weekly pnl = - $5.7 london showed some really nice momentum this morning, maybe NY will get some tomorrow! video
1 minute momentum scalping
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frankkn replied Jul 20, 2010well housing starts fell to an 8 month low and that put a damper on our downward momentum right now we are hanging out between RN1.2850 and S1 There is a speech at 10. lets see if we get any nice 20 pip moves. in the mean time check out this video ...
1 minute momentum scalping
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frankkn replied Jul 20, 2010stopped here for -4. I was lookin for a re-entry but the trigger candle was 20 pips and right above a RN so I sat this one out. edit: short video a couple posts later of the entry. i never know how many trades i'm gonna get so i just record them. i ...
1 minute momentum scalping
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frankkn replied Jul 20, 2010london has had a lovely day so far we've got news in 20 minutes
1 minute momentum scalping
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frankkn replied Jul 19, 2010video just one trade today +1 pip week's pnl = $2.8 edit: i'm not so sure this thread has been around long enough to deserve votes, i think a week or so isn't enough time to prove anything
1 minute momentum scalping
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frankkn replied Jul 19, 2010here is an example of a trade that is tempting, but not quite perfect. this setup may or may not play out, but i'm not taking it because it is not strong enough. i want to be in on moves that are at least 20 pips, and I want in on the first couple ...
1 minute momentum scalping
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frankkn replied Jul 19, 2010alright a new week! i'll be risking $10 per trade as opposed the the $4 this week. i did some backtesting with vhands. i have a 3 trade per day limit, with a 2 loss/ 2 win max. the websites that i use for pivot points were not updated. i usually use ...
1 minute momentum scalping
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frankkn replied Jul 16, 2010one trade today for a loss of -5 new weekly pnl in pips: 31 i'm excited for next week. i'll probably risk around $4 on each trade and i will keep track of my pnl in $ next week. video
1 minute momentum scalping
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frankkn replied Jul 16, 2010whats up pauly that was one fine trade! i remember when that happened that was an excellent trade. how did you enter?
1 minute momentum scalping
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frankkn replied Jul 15, 2010ca ca ca ca caronajazz my man! dibs is the reason i started becoming profitable in forex. i don't trade the pure version because it doesn't suit me. the only thing i added was the macro trend as a filter, and also a more strict time filter of 1am ...
The DIBS Method... No Free Lunch continues
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frankkn replied Jul 15, 2010I chose SL=8 TP=16 because I wanted a 2 to 1 reward:risk. I noticed that on good days with this strategy, price would go around 15-20 and a SL of 8 seemed okay if I moved my SL to BE after 8 pips. I think it would be better to have SL=5 TP=10, and ...
1 minute momentum scalping
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frankkn replied Jul 15, 2010whats up pauly really kind stuff you said there bud thank you, quite encouraging! momentum dude yeah exactly! i don't think i've even used that word but it about sums up my trading exactly. i just wait for the momentum and try to ride it. anyways ...
1 minute momentum scalping
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frankkn replied Jul 15, 2010wtf how did i not see this thread before whats up thugs you ready for today
EUR/USD Scalp 1 min