Wedge (w) on a short leash as there's lots of up momentum.

Intraday Trading the US Index Futures

First trade today, what I call the 1a2. Its the second time a bar ticks higher (or lower) than the prior bar during a trend move. Its a 2 leg pullback, but I designate it differently as the first one of the day is one of the higher probability ...

Intraday Trading the US Index Futures

HUGE fan of futures, especially compared to forex. While US has become much more regulated for its forex brokers thus providing more safety for deposits, US equity futures' movement, spreads, commissions, etc., are all far superior. And now with the ...

Trading the e mini nasdaq

Somewhat, but we’re talking about making 5 to 10 pip scalps here. There can also be too much information leading to paralysis... which goes back to what Veni said, something along the lines of “just take the trade”.

Trading Forex is Hard

Very true! I watch a 5M and/or 15M chart also (occasionally toggle up to a 30M or 1HR if it’s not clear). Others may do it differently, but generally I consider the 5M to provide the trend Im trading and the 1M is just to find the levels and the ...

Trading Forex is Hard

Exactly! That's why post 1 here by Veni resonated with me. Wait for the "stop hunts" and then trade. The only nuance I prefer because I think there's more room for error and potential larger payoff is with trend, which is where the counting highs ...

Trading Forex is Hard

I'll keep posting and try to provide more detail about trade entries as I did today. Basically, trend is determined by lower highs and lower lows (LH and LL), or higher highs and higher lows (HH and HL). Opportunities for trades occur at these LH, ...

Trading Forex is Hard

Trade 1: Pullback to support turned resistance. Waited to see if it would break at the prior low, but didn't wait long enough. While the outcome could have been better, feel okay about how this was managed. I gave it some room to breath but didn't ...

Trading Forex is Hard

A couple trades after the big news push. The first trade... pullback took out stops at the minor retrace during the push up. Traded back up to the previous high and monitored (instead of profit target) to see if it would break with force or stall... ...

Trading Forex is Hard

You bet! Here's a little Asia session trading, likely keep going, but this is good enough for me! The 30M was clear about the direction, the 1M provided the location, watching the price provided the trigger. The hindsight chart doesn't show the ...

Trading Forex is Hard

Best thread on FF by far, we should keep it going! I've been out of the game for a bit doing other things, but saw this thread and decided to get back involved. Veni posted a great link a page ago. Reminds me of something I wrote to try to help some ...

Trading Forex is Hard

Hidden

8-5 job, no bullshit daily technical system

Charts look familiar! I see you kept my template, Nice work lately - image

5M Candles

I think this is probably one of the coolest things I have seen on FF. Ever. I tried to program this for Ninjatrader about 2 months ago, but gave up because I'm awful at it. Nice work -

Speedometer (Points/Sec)

LOL@! This is still an issue???? Unbelievable. I switched over to Ninjatrader awhile back with my FXCM feed seeing as MT4 SUCKS without having to trade prices that aren't shown on the chart! What a joke... just fix it!

FXCM Discussion

Interesting stuff! Getting some more action in here - Euro was beating at its range lows, so big pullbacks. Just kept the HTF trend in mind and traded its direction.

The power of range bars

Slow morning...

The power of range bars

image

The power of range bars

Hey guys, nice trades rocky and fxpro... very good stuff! I've been too busy with a bunch of things lately so haven't been able to post here, but still doing the same thing: 1) Determine trend image 2) determine location within the trend image ...

The power of range bars