Intraday FX Player

Another nice flying knife off the TL there

 

Oops, not a support at 505. See how it goes with 460/70.

 

My stop was hit I am reversing ....long

 

This has been forming for some time now:
http://www.telegraph.co.uk/money/ma...008/06/16/bcnecb116.xml&CMP=ILC-mostviewedbox
EUR/USD will see some radical moves before things settle down. Competent technical traders will see unusual opportunities as the games progress.

 

I am closing my long +61 pips profit from this 2 trades the net profit is +12 lousy pips ....

 

Afternoon all,

Late today as had to do some family things in the morning...

 

Good morning CF, just got one question: when you are trading on one minute charts and the trade is going your way, do you use close trailing stops and get out as soon as the 1 min starts to reverse (to reenter as soon as trend continues), or do you give the trade some reasonable breathing room, or does that depend on the kind of market you have been seeing all day, or ...

 

cvds,

I usually switch to higher TF to see how it goes and if see strong directional momentum there just hold until I see it as tired.

From the other side if there is no evidence of clear directional move on a higher TF I then just scalp back and forth from 1min.

 

so your still using 5 min from time to time
long from 66, now trying to manage this thing, put stop in at 78

 

I did not say 5min...