EU — Took two short trades on EU in direction of trend at short term resistance, I've been watching Sho's videos on YuoTube and he uses short term support and resistance to enter trades early and then exit at next area of S or R

Intraday price action trend trading

Hi Simplicity, Easy now I know, but market has been down from a supply level and it's going to take good support to halt the move down. This is just how I see it.

Intraday price action trend trading

Hi dfumagalli, I have read through the Beyond the Candles thread and it looks very interesting, taking monthly and weekly S R levels and trading those levels from lower TFs is similar to what I do using MML the higher the MML the more importance I ...

Intraday price action trend trading

Hi Simplicity, I only trade EU and looking at it right now it could go either way, I've marked on the chart areas I'm looking for market reaction we'll have to wait and see how it plays out.

Intraday price action trend trading

It all depends on which TF you look at it, as all ways it's up to the market to decide, as it stands though, I don't think I'd like to be in a short trade right now.

Sonic R. System

EU 5m Chart — Took this long trade on EU entered with momentum from support and very aware of resistance above which was getting weaker.

Intraday price action trend trading

Hi Simplicity, I trade mainly off 5m charts and I like to place my SL above the momentum bar but with a maximum SL of 20 pips. I like to see at least a TP of 1:1, preferably 2:1, before resistance or support. The trade I just took was entering too ...

Intraday price action trend trading

Exited trade for +2 pips.

Intraday price action trend trading

EU 5m Chart — Took this short trade, not an ideal entry but I'm watching it.

Intraday price action trend trading

Hi Simplicity, I do like that set up where short term resistance turns to support for long trades. I started using MMLs about 6 months ago and find the market keeps returning to same areas time after time, like the EU chart from yesterday when the ...

Intraday price action trend trading

Hi Nanitoide, How big was your SL? I see your entries where good but don't you move your SL to BE when the market has moved the length of your SL? You where up about 25+ pips on both trades when they reversed on you and went negative just something ...

Intraday price action trend trading

EU 5m Chart — This shows why I use Muury Math Lines to help with areas of resistance and support. I was waiting for this level to be hit to see the reaction, with the next bar being bearish I went short and targeted the previous support.

Intraday price action trend trading

EU 5m Chart — I'm not seeing any clear direction in the market at Frankfurt or London open, at the moment, and find it much better to allow the market to clearly define what it wants to do before looking for trades. The short trade was taken ...

Intraday price action trend trading

I'm using a Mac and trading using parralles and I can't find the tpl file to up load it, adjust the indicators to how you want them to appear that's what I did. The Murry Math indicator needs to be set to P64 and Stepback0, you can do this in INPUTS. ...

Intraday price action trend trading

Hi jvh, Here's the indicators I use:

Intraday price action trend trading

Hi bfis, This is just my take on it, I look for short term resistance, when going long, to be broken and then tested before entering with the momentum. As for trading times, at the moment I find it better to let the market settle down rather than ...

Intraday price action trend trading

EU 5m Chart — One trade with the trend and the other against the trend.

Intraday price action trend trading

Hi hansma, The market keeps repeating it's self over and over again it's just a matter of knowing where.

Sonic R. System

EU 5m Chart — Entered long after a break and test of resistance.

Intraday price action trend trading

Hi Simplicity, I have been using Murry Math Lines to judge both entries and exits in addition to what's being taught here i.e momentum, supply and demand etc. I look for momentum breaking a strong MML and then look to exit at the next major line. ...

Intraday price action trend trading