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frankkn replied Jul 14, 2010here is an attempt to re-enter there was a bit of a hidden divergence. i closed this one per the candle color rule for a loss of 4 pips. i really like that rule it helps my long term risk reward ratio summary of wed: +0, +12, -4 week pnl in pips: 29 ...
1 minute momentum scalping
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frankkn replied Jul 14, 2010closed this one for 12 pips. there was a classic bearish divergence and it seemed to be running out of steam. i was quick to take profit because today hasn't been to pretty. then we broke out of consolidation. done with this pose there might be ...
1 minute momentum scalping
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frankkn replied Jul 14, 2010my girlfriend and i have the same kind of laptop, but only one cord between us 15 minutes to NY open she tells me that she needs the cord for class today, so now i am on campus. the first computer i got to, i downloaded fxdesktop and got all my ...
1 minute momentum scalping
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frankkn replied Jul 13, 2010sorry for posting so many charts in your thread, let me know i'll stop if its too many please share your thoughts on this chart. is this how you would do it? i was looking at a scalp i took last friday on th 1M. there was a strong down trend, and ...
High reliable divergence methodology of trading
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frankkn replied Jul 13, 2010thank you buddy i think its really cool that you don't trade candlestick patterns when you say break, are you referring to a close of the candle across the line, or do you enter as price crosses the line? also, what is MZ? thanks for your feedback
High reliable divergence methodology of trading
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frankkn replied Jul 13, 2010i have been shocked gartleys i dont know anything about elliot wave but i have watched gartleys form and perform but like someone said already harmonic patterns should probably be used within the context of an elliot wave based approach but if you ...
The Gartley Pattern - Truth or Fiction?
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frankkn replied Jul 13, 2010i really appreciate it heres the fork from a daily perspective. there's an even bigger divergence does anyone here have any recommendations on settings for OSMA on the H4 (and up). i have been looking everywhere and i found some pdfs and they just ...
EURUSD
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frankkn replied Jul 13, 2010interesting we're both m1 traders and that was a H4 chart ( i sometimes check H4 even though my setup is entirely M1) edit: about the cat, i think they are bread for their looks.. he is very long and large with very very long hair bushy tail and ...
EURUSD
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frankkn replied Jul 13, 2010what kind of extra care? what do you think of this bullish PB of the 50%. there is a hidden divergence correct? do you change your settings for osma depending on the timeframe?
High reliable divergence methodology of trading
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frankkn replied Jul 13, 2010crankin em out — i'm considering moving my # of trades per day rule to my official rule set i'm not sure of the number yet. i'm thinking 2-3 right now. it may depend on the day. for example first 2 are wins, done for the day... or first one is ...
1 minute momentum scalping
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frankkn replied Jul 13, 2010since i was updating my thread i almost missed this move i used a limit order on the last one and really liked it! but this one i had to use a market order also this one only had 1000 units because that was my default for making the rules i wanted ...
1 minute momentum scalping
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frankkn replied Jul 13, 2010i forgot to record this one but it was stopped for -2, closed per the candle color rule as i was posting this i noticed another setup off of the same momentum. there were about 13 pips between my entry and R1 so i moved my TP one pip below R1. SL to ...
1 minute momentum scalping
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frankkn replied Jul 13, 2010first trade of the week — 2 important events: US stripped of AAA credit rating by Dagong Global Credit Rating , and also a unexpectedly negative trade balance i sat down just before 8am, marked the range price was in just below the pivot, and ...
1 minute momentum scalping