qFish, Yes, I have scalped 1m and 5m charts for a long time with big lot sizes using another trading system and it can be profitable, but became too stressful thats why I am here. IMO, Smaller lots and higher t/f's = less stress for me.

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FXRobert, Thanks, I see what your doing now. Good Job

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qFish, Thanks for the detailed explanation. That all makes good sense when I look back at his chart. Just a bit too fast for my old eyes these days.

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Exactly, TAH like most of us, drop down to a lower t/f for a better EP. I'm not suggesting that FXRobert made a un-wise trade, I would like to know the below. That's why we post charts to share ideas. FXRobert, It's just that the 1m is so fast and ...

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FXRobert, It's just that the 1m is so fast and not as reliable as the higher t/f's, in looking at his GBP/CAD chart it appears to be a high risk trade and curious what his thinking was, his stop placement, R/R and target. The usual considerations ...

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FXRobert, What was the reason for your entry on those 2 1m scalps at that EP? and did you have a stop loss? Just curious

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But by no means am I suggesting to follow blindly. Question and doubt and then make up your own mind what is best for you, your personality and your comfort zone. This is not a "one size fits all" thread relative to scout entries, lot sizes etc. ...

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nsn14 and any new Sonicers, It has already been done. Go to Post #1. PDF PVSRA for one with 130 pages of information and examples. There is a brief manual and a Summary in 3 languages. Yes, it's a lot of work and sometimes a pain in the butt to go ...

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justin8910, Go to the above paper clip and download the zip file. Make sure that you put the fonts into the windows font folder or they will not appear properly. Go to the pipware link and follow the instructions.

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Good luck and good trading

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OOPS! My Bad. Thanks

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Take the EU for instance. The MM's ran price up building their shorts, publicized BS articles encouraging USD shorts ( buy EUR/USD) , sold at a high price and ran the sucked in buyers (news traders) stops on the way down. Anyway, thats how I see it. ...

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EU Daily, inverted H & S with a pin bar forming food for thought for next week.

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Yes, totally BS and that's how they suck in news traders and steal their $.

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image

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TAH, Hopefully pretty much same scenario for EU in re: pump, above 1.3900 and news sell off!

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EU added shorts #6 and #7. we'll see what NY brings looks like a bumpy ride......IMO, MM's are building shorts we'll see what happens above 1.3900. Love it when a plan comes together

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JRissa, Hope your right "Added short #5 to EU near RWH and trading in strong supply zone. No hard stop or TP yet! Contrarian thinking as EU in strong up move and yes I know it's a little sick Ready for DD's untill ?"

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Added short #5 to EU near RWH and trading in strong supply zone. No hard stop or TP yet! Contrarian thinking as EU in strong up move and yes I know it's a little sick Ready for DD's untill ?

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Enterd 4 shorts EU while PA was going up earlier. Had no time to post....we'll see

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