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Old 07-02-2006, 06:47   #10
Trader Raider
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Re: The Key Of Success In Forex Trading Is Not Just Education

Good example of what I am talking about is yen shorts during Euro morning session less than hour ago:
  • Setup on the 2hr 30min
  • Entry / Exits on the 5min (or 1min if the move is strong)
  • 50pips there for the taking 118.25
  • Time in the market <60mins
Look for the confirmation on the smaller timeframes when things just start to move. You will minimise chances to enter low momentum situations with false breaks.

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Last edited by Trader Raider : 07-02-2006 at 06:55.
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