the more it runs the better ... 8 pm .. if it does not pan out around 8 pm and starts to fall before that I have an area picked out for a great short ..
Can you find it on the 15 min ...you need to have your macd set on default settings ... ? What price did all the retail traders enter long ..
the more it runs the better ... 8 pm .. if it does not pan out around 8 pm and starts to fall before that I have an area picked out for a great short ..
Can you find it on the 15 min ...you need to have your macd set on default settings ... ? What price did all the retail traders enter long ..
ok getting ready for the 7 pm close.. I would love for the opening of the hourly candle to go up first , then I will feel better about shorting ... I have the 100 to hold the bleeding if I am wrong . more mins and I will pull the trigger soon ...
ok getting ready for the 7 pm close.. I would love for the opening of the hourly candle to go up first , then I will feel better about shorting ... I have the 100 to hold the bleeding if I am wrong . more mins and I will pull the trigger soon ...
Are you playing your full position from the start?
I would rather play 1/4 to 1/2 and have the chance to let the trade work vs all in at one price at and get messed up quickly with such a tight stop?
you are right ... I am not loving it .. but if the hourly touches that 100 ema , and the pair will beat the top of the range .. It is not worth it risk to reward , but I have I know it will bounce of the 100 ema for some pips ... Pure scalper move ...moves my order to 101.707 and will leave it there for awile .Unless I see something on another pair , but not likely to remove it for awile and see if i can get filled ....
Quote Originally Posted by wallstreetcappers:
That is so tight of a noose..
Are you playing your full position from the start?
I would rather play 1/4 to 1/2 and have the chance to let the trade work vs all in at one price at and get messed up quickly with such a tight stop?
you are right ... I am not loving it .. but if the hourly touches that 100 ema , and the pair will beat the top of the range .. It is not worth it risk to reward , but I have I know it will bounce of the 100 ema for some pips ... Pure scalper move ...moves my order to 101.707 and will leave it there for awile .Unless I see something on another pair , but not likely to remove it for awile and see if i can get filled ....