No trades today. Not for lack of setups but for lack of ability. Busy day today.

GLJ

Monday April 29th 12pm image

GLJ

Week 3 Monday April 29th 9am image This week i shall be trading from these lines. For now i'll play it by feel but eventually there will be simple rules.

GLJ

Looks like that 3030 level is holding it back. Been a major player throughout the week.

Ramblings of a Forex Junkie

Friday April 26th 12pm image I didn't repost the 9am chart with the 1.3007 line added on the EU but i did make a forum post at 9:09am so that line up before any action hit it. Eu responded well. Ej responded even better.

GLJ

Missed a line on the EU at 1.3007

GLJ

Friday April 26th 9am image

GLJ

Good trading, keep banking them pips. I'll see you at the Apex

The 5 minute TF S&R trading system

Thursday April 25th 12pm image

GLJ

Thursday April 25th 9am image

GLJ

Rule edit time. As i backtest and forward test this method i find that the 2 above and 2 below rules are restricting my ability to place lines. Those rules may prevent there being too many lines but they also prevent accurate placement. For now ...

GLJ

Wednesday April 24 12pm image EU not bad and EJ not bad. Todays EU lines consisted of a swing high and the daily low from yesterday, and todays daily open. Also the swing high at 10:25 today bounced at yesterdays london close. EJ had the close ...

GLJ

Wednesday April 24 9am image

GLJ

Tuesday April 23 12pm image Not bad for the EU or EJ. EU 2nd highest line could have been sightly lower but it still did well.

GLJ

Tuesday April 23 9am image Dashed lines are lines that could have ended up above or below price at 9 and don't count towards the 2 above or 2 below.

GLJ

Monday April 22 12pm image EU lookin good, EJ not so much. Also with the EJ price was moved back up over the 129.75 line so i had to remove a line from below and add a line above. The line i removed was at 129.37 which would have made this look ...

GLJ

Week 2 Monday April 22 9am image

GLJ

Friday April 19 12am image The EU caught onto a little stair step action in the 2nd half of the session. EJ didn't really hit these lines. I was trying to be to fancy by avoiding the obvious areas. Next week i'll go more obvious with a hint of ...

GLJ

Friday April 19 9am image

GLJ

Thats good. Accurate self reflection is very important in this business of retail trading. Probably the most important. It's interesting that you've mentioned straying from the method as a result of emotions. Our minds play tricks on us if we're not ...

S&R short term bounces