Hey Susan, how's it goin? Yep, I normally start at 6 am and will trade the 5 minute charts until 2 pm eastern. After that, I won't even look at the 5 minute charts as the action just isn't there. I'm also looking for 1 and 4 hour setups all day long ...

MW's trading journal

Overall, today was a pretty good day. Took about a billion 5 minute trades. All but 3 were profitable. Setups were a la Phil Nel's "warzone" technique and just taking advantage of the trends when they popped up. Other than that, the eur/usd long ...

MW's trading journal

Damn man, my life would be pretty dim right around now. That's not even a joke either. If it were even just for the search for self that this has brought me, it's made me a better Mike W than I could have ever dreamed to be at 16 and 17 (nevermind ...

james16 Chart Thread

Sure thing my man, that's my T/P area a la Vegas. For the most part, I'll just set my T/Ps at these first zones as I know the consistency of price to reach that area compared to the next and so on. It's kind of funny how these turn out too. Look to ...

MW's trading journal

The usd/cad trade just reached it's take profit point at 1.0310. 63 pips total for that setup.

MW's trading journal

Hey Chris, what's happenin brother? I'm normally trading at around 6 am and stick around until around 2 and then I'll check the 4 hour charts and dailies after that point. I do check the charts pretty much every 5 minutes, although I do like to wait ...

MW's trading journal

Wow, I've already taken seven 5 minute trades today. It's looking to be a great day! So far the trades are sitting at 6 gains and 1 loss and I think there will soon be more on the way. How easy is it really? Pretty damn easy if you follow the setups ...

MW's trading journal

Willem, I just want to say thank you for your contribution to this thread. I've gone through all of your posts now and can say that I respect you for it. Have a great week my man!

5Min Intraday System

Alrighty, a little update for tonight- the eur/usd trades are still on and I've set up a usd/cad trade short before I left for my hockey game tonight. It was opened at 1.0373 due to the 4 hour action from friday. As for the hockey game, damn do I ...

MW's trading journal

Just one 4 hour trade here today on the eur/usd. I'm positive that this one will be carried on into next week. Other than that, I've just been getting in and out of 5 minute trades all day. Pretty slow day after around 10 am really. PS, that's not a ...

MW's trading journal

Yes sir! After that happens (IF that happens), I'd like to see a pullback for a clean entry point. On another note, today has been a great day for trading the 5 minute charts. 6 gains and a loss. 100+ pip day. I doubt I'm going to keep posting about ...

MW's trading journal

Nice! That's the first step to profitability IMO is controlling your emotions. They are always going to be there, it's just how you react to them that creates a success or failure. The third MA is a 10 EMA. I use this when we get into faster moving ...

Jankone M5 thread

I think today's close is going to be looking good for it. It looks like we're finally seeing some more momentum topside. That is, IF it closes as it stands now.

Nearly Naked (Simple Trades)

I'm waiting for today's close on the chf/jpy. Yesterday, we saw an I4b and today may close as a BUOVB. These are primetime setups and I'll trade em any day. Until then, I'm just running the 5 minute charts.

MW's trading journal

Hey dhh, how's it goin? Honestly, it's just because I've seen it so many times. I know that when price starts to push away a bit and the 50/20 start to separate as well, price is on the move. Does that happen every single time? No, but for the most ...

Jankone M5 thread

If you hit that nail on the head any harder, I'm pretty sure it would explode.

Jankone M5 thread

For the most part, yeah. That is the most conservative way to trade it and with that in mind, the easiest. I sometimes will trade on touches, but that's not necessary to make money. Check out Phil Nel's 5 minute thread url and also Jankone's ...

MW's trading journal

What's happenin my man? I'm in the gbp/usd right now and already closed out the trades on the usd/cad. It's really just as simple as waiting until momentum starts to build up and then taking advantage of it when we start to get a trend. P.S. the ...

MW's trading journal

This is the genesis, where momentum starts to take way.

Jankone M5 thread

That's a damn nice setup, although I don't see how it's really tradable. Did you put a touch trade on it? That's tight work if so brother! I got nothing today on the 4 hour charts so I'm just running the 5 minute setups all day. So far, I'm sitting ...

MW's trading journal