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pennies2007

10/11/13 1:44 PM

#123995 RE: stkjunky #123993

Actually stk, even the weekly and monthly charts can offer trades on a very regular basis. One thing we haven't mentioned is trading between the zones. Let's say we have a monthly chart with 2000 pips between two key supply and demand zones. If the pair is trading in the upper half of that difference between the zones, we can drop to the daily or even four hour chart to identify zones that allow us to get in on the overall trend with expectations of riding it all the way to the upper supply zone. Vice versa if it's trading in the lower half. The cool thing about this setup though is that there is always a trade every single day regardless because those big boy orders are always in place. We just have to get saavy enough to follow them and ride their coat tails.