Hi Tah, Have you seen what that entry price looks like on a daily chart? Looks like a major support resistance level to me.

Sonic R. System

Hi Nanitoide, Can you give reasons for taking the trades please.

Intraday price action trend trading

EU 5m Charts — Entered short after break of 4h inside bars and a test of this break. SL was at the maximum I like to take at 10 pips TP was at a support level on 4h chart.

Intraday price action trend trading

EU 4h Chart — It certainly helps to look at the bigger TFs to get a better idea of what's happening on the bigger scale. It's the same for AU and GU this morning.

Intraday price action trend trading

Hi Simplicity, I think you've cracked a major element of trading Forex, sticking to your method even after a series of losses this is where a lot of traders come unstuck by chopping and changing their approach as soon as they hit a run of losses. No ...

Intraday price action trend trading

EU 5m Charts — Took this short, good 5m momentum and a good bearish pattern on the 1h chart. The first chart is a 1h chart.

Intraday price action trend trading

EU 5m Charts — Something to look out for.

Intraday price action trend trading

EU 5m Charts — Entered short. Got out at BE after bullish bar.

Intraday price action trend trading

Hi Nanitoide, Nice set ups but I only look at EU,AU and GU my preference is for EU but if things don't look good for trading on EU I go to the AU and GU usually one or the other will be trending nicely.

Intraday price action trend trading

Hi Simplicity, Thanks for the suggestion, I'll check it out.

Intraday price action trend trading

Hi Nanitoide, Nice trade, wish I'd been on 15m TF for that one.

Intraday price action trend trading

AU 5m Chart — I must remember never to leave a trade running and go out until it's at least at BE.

Intraday price action trend trading

EU 5m Charts — Took this short trade after support was broken.

Intraday price action trend trading

Hi Loog12us, I entered when I did because of the resistance of the Keltner Channel and previous short term support turning to resistance, the trigger for me was the two inside bars failing to break higher I was going with the short term trend and ...

Intraday price action trend trading

EU 5m Charts — Took this short trade on EU when corrective move found resistance.

Intraday price action trend trading

Hi Simplicity, I congratulate you on being able to trade naked, I've stripped off as much as I dare, I must be more bashful than you LOL.

Intraday price action trend trading

Hi Simplicity, I would have taken the long here but had to go out at this time so sat on my hands. This is what I saw.

Intraday price action trend trading

EU 5m Charts — Wasn't up in time to catch this trade but it again shows what I'm looking for. Chart should read "Momentum breaks SUPPORT" it's too early.

Intraday price action trend trading

EU 5m Charts — This is a trade I took yesterday, with a 6 pip SL and a 12 pip TP, I didn't have time to post it yesterday. It's the type of set up I particularly look for, I like to see an impulsive move break short term resistance, for long ...

Intraday price action trend trading

EU 5m Charts — Took this long trade on EU. The setup bar found support at Keltner Channel and formed a PB it also held at a strong S/R level.

Intraday price action trend trading