It works exactly the same as any other time frame except you have to be really sharp with managing the trade. The R/R ratios are insane. You have to get to break even quickly and you need a low spread ECN style broker.
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- Nov 15, 2012 10:21am Nov 15, 2012 10:21am
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- | Joined Jan 2010 | Status: Seeker | 372 Posts
- Post #120,863
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- Nov 15, 2012 10:25am Nov 15, 2012 10:25am
- | Joined Oct 2010 | Status: Member | 160 Posts
Price Is The Best Indicator Itself.
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- Nov 15, 2012 10:25am Nov 15, 2012 10:25am
- | Joined Sep 2011 | Status: Hybrid | 413 Posts
I don't need easy. I just need possible.
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- Nov 15, 2012 10:26am Nov 15, 2012 10:26am
- | Joined Oct 2010 | Status: Member | 160 Posts
Price Is The Best Indicator Itself.
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- Nov 15, 2012 10:35am Nov 15, 2012 10:35am
- | Joined Jan 2010 | Status: Seeker | 372 Posts
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- | Commercial Member | Joined Aug 2006 | 12,004 Posts
- Post #120,872
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- Nov 15, 2012 12:07pm Nov 15, 2012 12:07pm
all is eternal - this is good news for people who loves bad news
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- Nov 15, 2012 12:10pm Nov 15, 2012 12:10pm
- Joined Mar 2009 | Status: Hobby Trader | 4,477 Posts
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Human
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- Nov 15, 2012 1:13pm Nov 15, 2012 1:13pm
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- Post #120,879
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- Nov 15, 2012 1:16pm Nov 15, 2012 1:16pm
- Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Find a trend and milk it for all it is worth. That's how to be profitable