Taken out at break even. Trade went to 1.5R, this is often the dilemma hang in for a bigger return or just be happy to take a steady 1:1 or 1:5 RR. I was prepared to take the risk this time because I had already made a 1.3R on my previous trade.

Intraday price action trend trading

AU 15m Chart — AU short

Intraday price action trend trading

EU 15m Chart — Been a bit quite around here since last week. Took this short trade on EU this morning. Not the most obvious Impulsive:Corrective move but price hit short term resistance above and formed the PB indicating a bearish bias.

Intraday price action trend trading

AU 15m Chart — Hope this will help someone to read IMPULSIVE--CORRECTIVE PA

Intraday price action trend trading

Hi Drewas, No I usually stand aside and let it do it's thing. If you do trade it though I often see the initial move reverse when it hits a major supply/demand area. Just look where it stopped today on EU and GU. I've taken the afternoon off and ...

Another simple system - Time-Frame 15

EU Moved 200 pips in 30 minutes. That's what happens when the market wants to stretch it's legs nothing gets in it's way.

Another simple system - Time-Frame 15

Hi Drewas, I don't if your aware but you entered right on a RED news release, lucky it went one way with no whips. I'm guilty of the same thing but I now keep an eye on FF news calendar. More RED news due out for USD and EUR at 1.30 GMT. Cheers ...

Another simple system - Time-Frame 15

Hi Alec, I'm going away tomorrow, as well, for about a week. Have a good trip.

Intraday price action trend trading

Hi Brian, Good to see you here. Oversaez got there before me, the same thing happened on EU see my earlier post GU breaking long at the moment waiting for the retrace.

Intraday price action trend trading

Hi Steve, I always find it helps to trade with the slope of the 15m 10 EMA, if your trading the 15m chart, so if it's sloping up only look to trade long. Before going short wait for the 15m 10 EMA to slope down. Something to look for anyway hope it ...

Another simple system - Time-Frame 15

GU 15m Chart — Entered short on GU again after RED news. Check EU now. Jumped out for a 5 pip loss, can't get in line with the market at the moment. At times like this better to take a break.

Intraday price action trend trading

Note to self check for RED news before entering a trade. Out for 2 pips lucky.

Intraday price action trend trading

GU 15m Chart — GU short

Intraday price action trend trading

Exited for 1 pip market moving too slow. That's the good thing about an aggressive entry it usually gives you an opportunity to get out at BE if it doesn't take off.

Intraday price action trend trading

EU 15m Chart — Entered long

Intraday price action trend trading

Your right, there's no one way to read the charts everyone is different. It's just a matter of finding what fits the individual trader. Thanks for sharing this method with everyone I know it must be helping a lot of traders to find what they're ...

Another simple system - Time-Frame 15

Hi Steve I respect what's being done here but I get really confused by having to watch whats happening at all these EMAs on the different TFs. Much easier to watch one TF and take all your clues from that TF. I guess I like to keep it simple. Keep ...

Another simple system - Time-Frame 15

GU 15m Charts — Long on GU after PB at S/R level Jumped out for 2 pips when market stalled and major news out in 4 mins oops

Intraday price action trend trading

Theroper — This guys postings early in the thread helped me a lot. url this is from page 26 of the forum

Intraday price action trend trading

AU 15m Chart — Exit with 1.5R return at strong supply level.

Intraday price action trend trading