[wh1zz0]

Morning guys,

Did anyone catch this.. Worked as anticipated

[magnumfreak]

yeah, I am short across the board. GU, GJ, EJ, and EU

[smjones]

Originally Posted by magnumfreak

yeah, I am short across the board. GU, GJ, EJ, and EU

Jeeze, you and I are in the exact same trades on the exact same pairs. LOL

I started mine about 00:30 GMT

[chanchu]

[quote=wh1zz0;3210109]Morning guys,

Did anyone catch this.. Worked as anticipated[quote]



I like the 1 minute b/c it's 'right now' trading.

[chanchu]

Excuse the mess-up on the quotes, Wh1zz0;

I closed it out. It looks like it lost momentum.

[chanchu]

I picked up 4 on the 1st go. I sold it again and am looking for a solid move to 6450 area. But I can be scared off easy.

[chanchu]

I closed for a minus 1. I don't see the strength in the downside move.

Re-evaluate.

[wh1zz0]

Originally Posted by magnumfreak

yeah, I am short across the board. GU, GJ, EJ, and EU

Nice one there....

I closed half earlier on but I think I'll just clean out now as the action is shitty coming close to important news & it's finding it hard breaking today's low.

@chanchu: No stress quote, we all make mistakes..

[chanchu]

Gave up on the GU.

Took this EuroYen.
It looks a little more decisive.
We'll see.

[DubaiDude]

Hello people.
I stumbled upon this Thread a few weeks ago and it has lead to paradigm shift in my Forex Trading.1m time frame suits my personality and Forex Work hours.My teacher was a 4hr TF guy.

Prior to this 1mTF trading,I was down 25% on my initial Capital.I now have a 60% Win Rate.(recouped my 25%)Proper MM is in place.I do not use trendlines, just Price Action and Stochastis.S & R are determined using higher timeframes.Keep it simple.
I am live Trading for 10 Months and I have managed to preserve my capital.Disciplne and Patience is a key factor.
Furtthermore 'Trade what you See,not what you Think'.
'Protect and Preserve Capital' is my motto.When I enter a trade ...It is how much I am prepared to lose rather than how much I think I will make that is the foremost thought.

For me the Forex Business(note not Game) is 90% emotional and 10% technical.By emotion I mean you have to have no emotion.Pull the trigger when you have to.If you lose,you lose.Be cool , Trade Again.

I wish you all Good Trading.
DD

[DubaiDude]

Shorted GU @ 6566.exited @ 6526.

[T.E.Lawrence]

I've just found this thread, and because I'm a m1 scalper myself, also found it interesting - do you use any specific strategy here or just arbritrary styles?

[DubaiDude]

Originally Posted by T.E.Lawrence

I've just found this thread, and because I'm a m1 scalper myself, also found it interesting - do you use any specific strategy here or just arbritrary styles?

Hi T.E.
Support and Resistance Levels together with Price Action determine my trades.I use Stochastics to determine OB/OS levels.Please take note though that most indicators are lagging.I aim to be Indicator free within a year.By Price Action,I mean how long it takes the the Price to move 20 pips with the trend or 20 pips against the Trend.This how I get a to 'feel' the rhythm.I am constantly aware of S/R levels though.I just write them down on a note pad.I try to keep my Charts clean.No lines at all.No Fibs.This works for me.

DD

[Turveyd]

Originally Posted by DubaiDude

Hi T.E.
Support and Resistance Levels together with Price Action determine my trades.I use Stochastics to determine OB/OS levels.Please take note though that most indicators are lagging.I aim to be Indicator free within a year.By Price Action,I mean how long it takes the the Price to move 20 pips with the trend or 20 pips against the Trend.This how I get a to 'feel' the rhythm.I am constantly aware of S/R levels though.I just write them down on a note pad.I try to keep my Charts clean.No lines at all.No Fibs.This works for me.

DD

I just use my 4 ( 5 ish ) SMA's cause there well proven and the Banks and like seem to use them to accumulate there huge positions.

S/R based system work better in choppy markets, market it to strong and trendy currently so purely SMA / trend based here.

[DubaiDude]

Originally Posted by Turveyd

I just use my 4 ( 5 ish ) SMA's cause there well proven and the Banks and like seem to use them to accumulate there huge positions.

S/R based system work better in choppy markets, market it to strong and trendy currently so purely SMA / trend based here.

Which sma's do you use?