Pennies, I am going to try for a mix of 10-20 pip trades, and big pip trades. But I am convinced that the secret to the big pip trades is in the weekly & even monthly charts. Then go down to the daily's after a zone is working on say a weekly chart. Wont get many big pip trades tho. Seems like on the weekly charts the banksters will pretty much keep the price within certian parameters over a 1-2 yr period, so need to catch the extremes. Exception would be something like the tsunami in Japan, but even that did not cause the long term parameters to change much on most pairs.
Example would be EJ weekly. It is coming up on a SZ that goes back quite a way's. Been hit 2 times tho. But I am watching it for a big turn sometime in the not to distant future. Will want to take a position & then skalp all the way down, or up, and dump the pposition trade if the zone gets breeched in the wrong direction.
That's my plan anyway.
