trade for -15 pips — Here is a trade I took on Thurs. Sorry so late, but sometimes my schedule is a little busy. I took this trade at the beginning of the Asian session, which I typically don't do. I thought there was going to be a breakout of ...

4 Hour Strategy (MACD)

A 5 min trade for the day — Here is a trade on the 5 min for today. Entered at the beginning of the first arrow and exited on the second. Reason for the trade: 1) Resistance from the 21 MA and the resistance line in red 2) I liked the pattern ...

5Min Intraday System

R:R — My sl varies from trade to trade. I put it in a place where my thought process must be wrong if it hits my sl...if I think the 10 MA is providing support, I'll put it closer to the 21. If a trendline is providing support... I'll put my ...

5Min Intraday System

See the arrow on the 5 min — Entry: 1.4161 TP1 (50%): 1.4145 TP2 (25%): 1.4115 TP3 (25%): 1.4079

4 Hour Strategy (MACD)

Trade for the day — Price broke the 21 MA so I was expecting it to return to it and then contin on its way down to the 89 or supporting trend line on the 4 hr. I took profit at 3 different places. The 4 hrs and 5 min charts are below. If you ...

4 Hour Strategy (MACD)

Trade for the day — Took the trade at the down arrow. Reasons for the trade: 1) On the 4 hr chart, price went below the 21 so I expected it to go back to it and then contin on to the support channel and or 89 MA 2) at the arrow, price ...

5Min Intraday System

Trade for the day — Again, open and closed on the same candle. There was a TC I missed on the 4 hr method (by 10 min which was quite aggrevating considering I hit the snooze 2 times instead of 1) I felt that the price was going to go up to the ...

5Min Intraday System

Trade for the day — Here's the trade for the day. Support off the 10MA and R2. Open and closed on the same candle.

5Min Intraday System

nice — Nice trade. Your 200 is also where the 38% fib is. I've noticed/studied that when price breaks the 21, it like to go the the 38% fib and then head back to the 21. I haven't traded it yet though. Looks like price is heading back to the ...

4 Hour Strategy (MACD)

Lesson — I would go though the lessons multiple times and then practice, a lot. You will mess up and have many losing trades. just understand that losing is part of anything you want to accomplish, just get up, dust yourself off, and try ...

4 Hour Strategy (MACD)

Thanks — Thanks Electrical Eng... well you have the brain and it looks like you are putting the work in. Keep it up. Raymond

5Min Intraday System

Trade for the day — Here is a trade for the day. The 50 MA was not in place, but I liked the price action. Reasons for trade: 1) price above 50 MA 2) retracement to 21 MA 3) retracement to previous resistance line and now support 4) Power ...

5Min Intraday System

oops — forgot the charts

4 Hour Strategy (MACD)

CT — Normally I don't do CT, b/c they can be tricky. So I decreased my lot size. Notice the evening star off the TL. I was not comfortable with 50+ SL on a CT, so I waited for a retracement on the 5 min. On the 5 min it was not my best trade, ...

4 Hour Strategy (MACD)

Trading — I agree. Today was my morning for trading. Scorecard was 29 pips on 1 and BE on another. I keep track of my trades in sets of 10. This set is going well with 5 positive, 1 loss, and 1 BE. It's not quite the % you are getting, but ...

5Min Intraday System

Trade — Haven't posted here for a while, busy studying. Here is a trade I'm now. I took it because price broke out on the 1 hr. I looked for a retracement on the 5 min. Notice the triangle. I missed the 1st pull back because I had to take the ...

5Min Intraday System

technical ? — Which Fib is correct, the first or second picture and why. Thanks for replies Raymond

4 Hour Strategy (MACD)

Thanks — Golfer, Thanks for all your help. Thanks to you and Phillip, I'm becoming a better trader every day. I still use the 5 min system in my trading, some times for trades and other times to see what is going on on smaller time frames to ...

5Min Intraday System

EUR trade — I caught the same trade as most, but I closed about an hour before the news. I only pocketed 44 pips. What a bummer considering the way it moved after the news and I did not have time after the news to get back in. I took the trade ...

4 Hour Strategy (MACD)

$ — Figure out how much $ you are prepared to lose, let's say a 100$, and your stop loss was 50 pip. That is basically, spread not included, 2 minilots. On the 4 hrs, I'd set one tp at 25 pips and if it was hit I would change my sl from 50 ...

4 Hour Strategy (MACD)