PA is very erratic just whips around

Another simple system - Time-Frame 15

A couple of sniper shots before LO.

Another simple system - Time-Frame 15

Thanks Meihk, you are doing great. Tons of EU news and weird price movement so stayed out until all news were out. A surprisingly good or a bad number can shoot the price up or down like crazy. Price kept on BOUNCING up from the magneta colored 200 ...

Another simple system - Time-Frame 15

A couple of sniper shots before LO.

Another simple system - Time-Frame 15

EUR/AUD chart, first trade BOUNCE from RN. This is an example of what not to do on a 5M chart. I came very close to close it at BE many times but held on to the trade for way too long. Then price broke out with strong Momentum and took my SL. ...

Another simple system - Time-Frame 15

Here are my trades for today. First chart, GU BOUNCE from RN. Second chart, AUD/JPY BOUNCE from Day 10 EMA, the first black line. Momentum to the downside was strong, added another sell trade on second black line on the chart.

Another simple system - Time-Frame 15

What a shame on EU? Shorted at the top

Another simple system - Time-Frame 15

Here are my trades for today. First chart, first trade BOUNCE form RN. Second trade anticipated BOUNCE from RN plus 200EMA. The second chart AUD/JPY was taken before (FO) Frankfurt Open, I had to wait what seemed like forever for it to move. I ...

Another simple system - Time-Frame 15

First GU trade at +8 pips moved SL to BE and got taken out at -0.1 pip . Second trade really tested my patience.

Another simple system - Time-Frame 15

Another sniper shot, on 5M chart two trades from the same level is enough

Another simple system - Time-Frame 15

Next trade, same scenario on EU 5M chart but this time it was a buy trade.

Another simple system - Time-Frame 15

Simple break of the green zone ( support) and retest on the 5M chart. Higher time frame supported the down move.

Another simple system - Time-Frame 15

Last trade for today.

Another simple system - Time-Frame 15

A short trade on EU.

Another simple system - Time-Frame 15

Hi Aneczka, you are right spreads play an important part in trading the 5M charts. You need to trade the TF that you are most comfortable with I am not encouraging anyone to jump straight into 5M trading. I have said many times 5M trading is very ...

Another simple system - Time-Frame 15

Only 2 trades on EU today due to other commitments.

Another simple system - Time-Frame 15

Here are my yesterday's trades. Second chart is GU 30M chart trade.

Another simple system - Time-Frame 15

Between 8-20 pips Meihk. It depends on the setup, angle of 10 EMA= 30 EMA on the 5M chart and what the higher time frames are saying. In counter trend trades my TP is usually between 8-10 tips. When price is ranging in a very narrow range for the ...

Another simple system - Time-Frame 15

Last trade was based on a 30M chart.

Another simple system - Time-Frame 15

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Another simple system - Time-Frame 15