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EURUSD

Wow that's a really interesting idea. My Asian trade last night was usdjpy, maybe during periods like this we could look to yen crosses. The yen is also a safe haven (I think). I wonder which majors are the best for ranging during NY afternoon, and ...

1 minute momentum scalping

Wow cool to know Twinnings' gets the approval of a British lad, that's the kind we get, I'm really surprised. I still need the huge dose of caffeine sometimes, so we have instant coffee. We only make one cup at a time (boiling water in tea kettle), ...

1 minute momentum scalping

I just checked the calendar and not only are we done for the day, but tomorrow (Friday) holds nothing in the way of big news. In fact, we aren't due to see anything huge until existing home sales next Tuesday. I am curious to see what the effects ...

1 minute momentum scalping

PB Edit: Strong downward momentum late in the day.

1 minute momentum scalping

This one was just before I got up drat.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Oh and yes that 2920 level is gonna be really important! Flavonoids! I like green and earl tea, but I have to use tea bags because I'm poor.

1 minute momentum scalping

Maybe we have been trying to reach this downward trend line and there's been too much selling pressure to go up to it, so we've slid sideways. Yet another perspective. Edit: And another

1 minute momentum scalping

One thing to remember about channels is that if we are in a large period of consolidation like we've been in for the past week, they are much weaker. Much like a reversal candlestick pattern, channels are pretty invalid during an (overall) sideways ...

1 minute momentum scalping

AI

1 minute momentum scalping

Could be news but my decision was purely technical, just cuz I'm trying to get it to be as non-discretionary as possible. As far as hot money going to other asset classes, I'm expecting (and hoping) for bearish momentum to break us out of this ...

1 minute momentum scalping

The area I mentioned as the highest volume price level is known as the PVP (peak volume price). Market profile refers to this as the POC ( I think ). The PVP just jumped up and is now above the VWAP which gives us a bearish skew. In addition to that ...

1 minute momentum scalping

This is the euro FX contract (futures). It follows eurusd very closely even on the 1m. It's interesting to note that price is range bound in yesterday's highest volume price level (purple). That means that yesterday the price that saw the most ...

1 minute momentum scalping

Of the markets that are open at 9:00, here is the Appetite index. Min/Max is a value of -12/+12. At (or 1 minute after) the open of the US equity markets, the AI was as averse as it could get.

1 minute momentum scalping

Here is the index that's based on the euro strength vs the usd strength over the past hour. A value of 5 means that all of the currencies in the index show euro strength, a value of -5 means that all of the currencies in the index show usd strength. ...

1 minute momentum scalping

Here's that "non-discretionary" entry I took during the asian session tonight.

1 minute momentum scalping

I'm up 317 pips for the week but it's not with the strategy from the first post I guess I should update that. Maybe I should start a sentiment, RN, channel, BPC, 123 reversal thread? I'll wait till I'm trading multiple full lots before that, until ...

1 minute momentum scalping

Hey man only have a sec to post on here (making dinner) but I'm working on an index based on what you mentioned about the behavior of different pairs regarding a particular currency. In this case I'm making my index based on eurusd using 5 pairs at ...

1 minute momentum scalping

I have a few extra minutes right now so I thought I'd throw up that no-discretion method for those times when the market is cookin and you want to use indicators to give you entries. Here's an example for shorts. Trade w 15m trend [5/12 EMAs, rsi(9) ...

1 minute momentum scalping

I've waited and waited, and now the 3H is agreeing with the daily. Now I'm going to wait for a retrace on the 3H and 1H and look for a 1H IB to take (early in the day, it's 2pm right now so I'll wait for Tokyo or NY tomorrow) The first chart shows ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread