quick fifo ON GU with own style successful entry with no drawdown {image}
EU M1 FIFO scalp +11 (avg. +2.1) Appears MM's decided to run PA up not down as I expected.........been wrong before and sure not my last .....{image}
{quote} You might still be right. This could be the right shoulder in the making on H1 before the drop. Gap covering might also be in play.
AU M1 +5 pips - Explaination on chart. {image}
EURUSD +2.6 Break of resistance (Previous highs) with high volume Momentum was on my side. I got out because price was just hovering. Does anyone have any software for editing screenshots? {image}
Thanks Cigarguy and digiff
EU M1 FIFO scalp +17 (avg. +5.8 )New hour candle scalp...often the new hour candle will provide nice scalping opportunities as I have a timer set and look for this type of quick move.....
{quote} Great for catching momentum trades for sure. Do you have a particular window like first 5 or 10 minutes after which you will not consider it new hour scalp?
{quote} digiff, I have an hour timer set to notify me about 5 minutes prior to the new candle on a dedicated monitor and watch for the first move for a quick 5 +/- pips....
{quote} Ok, that's what I thought. Just wanted to make sure. I have read about the last 10 and the first 10 minutes of an hour being volatile, although I think most traders prefer candle closes, rather than trading into the close, which seems to be the case here too.
Of course you can also look for PVSRA confirmation with volume etc. There is another complete trading system here at FF that trades only this method, but I won't go into their detailed rules for entry. 
