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Timing the Trade

Refer to post # 64:

Timing the Trade

Usdjpy:

Timing the Trade

EinsWaltz: My charting platform is NinjaTrader and the volume indicator is 'Volumeupdown'. Green volume is simply showing the volume on an up candle and red is just the opposite. Volume is showing trading activity so it is most relevant when the ...

Timing the Trade

Scalp trade this morning: Gpbjpy

Timing the Trade

Refer to post # 74:

Timing the Trade

Bodine, I look at Binary Options as another tool in the trader's toolbox. There are a couple of good things that I like about Binaries: 1. They put time on your side. When you're able to do that....entries don't have to be perfect because (depending ...

Timing the Trade

Scalp trade from post # 75 stopped out for -11 pips Here is a scalp I took earlier this morning. Closed for +22 pips

Timing the Trade

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Timing the Trade

Refer to post # 64: Usdjpy gapped down at market open and is approaching confluence around 98.10

Timing the Trade

for example: post #19 was a short-term demand level created by a miss on non-farm payroll.

Timing the Trade

Einswaltz, What I try and do is look at price action and volume. If price action is sitting at a significant level before a high-impact economic data release and not doing anything.....then it's not a significant level! Significant economic data ...

Timing the Trade

....as a follow up to that last post: I'm sure most traders who look at the economic data has been surprised to see a miss on a forecast only to see price do just the opposite of what should be the reaction to the event!

Timing the Trade

Einswaltz, Those are good questions. I personally don't pay too much attention to news events with the exception of the biggies like...Nonfarm payroll. Deviations from analyst's expectations on economic data can certainly create volatility and ...

Timing the Trade

Finist, Yes, the 'volumeupdown' is the one I use. Even though it's listed as an indicator...volume is in a completely different league than most other indicators such as mac'd, ma's, stoch etc..

Timing the Trade

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Timing the Trade

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Timing the Trade

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Timing the Trade

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Timing the Trade

Here is a close-up of the DX trade from post #55:

Timing the Trade