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Friday, June 10, 2011

More surge or continuation trades...

I've been showing the 1 minute charts, taking trades based on the price making surges then pulling back a few pips and then enter into the original direction.  the great thing about trading this way is you are trading with the market moves. The downside is you have to wait for it to happen.  you will get days like today 2-3x per week.  Again manage your trades risk to win ration 2:1 simple stuff, do not make it complicated and do not trade around the news...  

NY other trades

NY# 30-32

Ny #20-29

NY #10-19

Ny #1-9

Thursday, June 9, 2011

NY #7-12

NY #1-6

i missed the big push down, then started looking for shorts and bounce areas...

Monday, June 6, 2011


some easy afternoon trades, market a bit thin, but the trend has been down. you see on the one minute chart the bigger candles going down, you need to look for candles that are 8+ pips in size or for the price to STRETCH +8 pips, then wait for the price to pullback 3-4 pips on the next candle and enter into the direction of the overall trend. Set your SL at -5, once in profit move your sl to Breakeven, look to take your 6-12 pips profit. you just have to be patient and wait for this to happen.

NY # 16-25

NY #6-15

NY #-5