Euroscalper
Junior member
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wackypete2,
Once I have found a trend on the high time frames like 4hr, 1hr and 15min charts (which would have to be lined-up correctly). This could take from same 7am till 11am to occur. I have to wait for the 1hr and the 4hr chart traders to trade their break-outs, bounces hammers or whatever. I then enter trades off of 5 sec candlestick charts or 5 sec tick charts into the trend. In a 20 pip trending move this could generate about 5 - 10 signals. In a day you get about 50 plus signals but I don't trade them all.
Tim
Once I have found a trend on the high time frames like 4hr, 1hr and 15min charts (which would have to be lined-up correctly). This could take from same 7am till 11am to occur. I have to wait for the 1hr and the 4hr chart traders to trade their break-outs, bounces hammers or whatever. I then enter trades off of 5 sec candlestick charts or 5 sec tick charts into the trend. In a 20 pip trending move this could generate about 5 - 10 signals. In a day you get about 50 plus signals but I don't trade them all.
Tim