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simplegreen

01/12/14 2:27 PM

#126698 RE: javalin #126697

One alterative is to do a careful study of a pairs zigzag habits and values on daily chart...then if it typically goes around 300 up followed by that much or more down then open a trade of a microlot at what seems fitting and ride it out for a few bucks.Also would have to be prepared to add if wrong on reversal timing....gotta be careful even on that tho cause if reversal doesnt happen after exceeding 300 pips it may go 650 or 700 pips before reversing.
I have long been a scalper as you well know but its mainly because the daily usually looks more like an unpredictable "random walk" whereas intraday TFs seem to make perfect sense more often than not and intraday TFs have their own cute little trends that you can trade.

charger

01/14/14 1:34 AM

#126746 RE: javalin #126697

Don't quit on larger time frames just yet, Last week was a strange week that things didn't work out. You have been around awhile and there is no reason to step a step back just because there was a volatile week. Longer time frames are the way to go!

C C

01/15/14 11:24 PM

#126913 RE: javalin #126697

you were looking at the wrong time frames
....yah reckon....




cc