Although i feel as if I 'm talking to myself, there is a possible Aud/USD setup on M15 tf. Probably wont take it as lots of resistance above when you take a bigger view! image

Swing-Hi trading System

am in M15 euro and U/CHF both pullbacks so looking for just 5-10 pips Update: took 10 pips on each. image image

Swing-Hi trading System

Some advice please chaps. It makes sense to me to let trend continuation moves run (perhaps closing half the trade at +10 pips and moving SL to BE) and cutting pullback trades at 5-10 pips. What do you think? Update: possible trend continuation ...

Swing-Hi trading System

just took Aud/USD and USD/CAD for 10 pips each. Perhaps not pure trades but momentum was certainly growing at LO so i took the chance. image image

Swing-Hi trading System

Hey well done you Olarion. Out of curiosity which pairs, at what times? Cheers

Magic 5 - five pips only

Hi Dave, I do question the relevance of the 200 EMA the way we use it. On M15 tf the 200 MA is equivalent to the 50 MA on the H1 tf. Now the H1 50MA is a well recognised source of support/resistance and so realising that i can see that we should not ...

Magic 5 - five pips only

Hi Haircut, I understand your point but to me the risk is that we are fast arriving at a place where this strategy is useless if we first need to check all forms of support and resistance. As you say we need just 5 pips. local momentum is what we ...

Magic 5 - five pips only

Good point, explains a lot.

Magic 5 - five pips only

first (manual) trade a loser. image

Magic 5 - five pips only

WOW! Dave, thanks for all your hard work and speed of reaction. Awesome.

Magic 5 - five pips only

Great result Ayle! I certainly agree that if you can't get +5 pips in three candles then you are purely gambling thereafter and should get out and look for another trade. Losses are just too damaging to results with this plan so: "better to be on ...

Magic 5 - five pips only

Sure just click the Autotrading button on your top menu during periods you don't want it to trade (assuming you have no other EAs running).

Magic 5 - five pips only

Yes dave, I am still in the euro trade with my other broker (not EA) and I intend to get out at BE if i am lucky. The last three hours have seen a range of just 14 pips which is really tiny for london. I think I may put a limit of 'x' bars by when ...

Magic 5 - five pips only

Loser. Market not really going anywhere. image

Magic 5 - five pips only

Lee, I'm with you. Trends differ depending on what tf you are looking at. If you are after 50+ pips then observing a longer tf trend makes sense but with just 5 pips a much shorter tf makes sense to me. can't do any harm to be in line with the ...

Magic 5 - five pips only

Another winner. Agreed, the entry was marginal at best and dave's EA took the next bar: image

Magic 5 - five pips only

First example of Dave's EA in action. Seems to have entered one bar late by my reckoning? image

Magic 5 - five pips only

Looks like you are the lucky one Edlich as mine was well below 5 EMA and I entered but am about to hit Sl possibly?

Magic 5 - five pips only

another win on AUD/USD this time. less risky but still not good on RSI

Magic 5 - five pips only

possible setup short on Euro at 9.30 for those watching?

Magic 5 - five pips only