I use a combination of 4hr/1hr but on my 4hr chart I have some Multi time frame tools which give me a look at daily moving averages and daily stochastics. Glad that you are getting some ideas from this thread! Cheers! ~fighterdude

Fighterdude's Live trading journal

So now a number of pairs, including EURUSD, CADCHF and NZDCHF, are no longer setting up for clean trades as of 1PM GMT, so I have removed them from my list. They may again become viable candidates later today, but for now they are disqualified. The ...

Fighterdude's Live trading journal

Good morning all! Today is setting up to be an interesting situation. I will be actively looking for trades on the following pairs (this little exercise is key to filtering out *most* of your failing setups) - SHORT - EURUSD EURJPY (being cautious) ...

Fighterdude's Live trading journal

Sure, I will try to give a little explanation here and there. To be perfectly honest, I use a stochastic oscillator set to standard 5,3,3 settings for my exits. But it is the context in which I make my decisions which allows for the low pip losses. ...

Fighterdude's Live trading journal

Thanks mate.

Fighterdude's Live trading journal

OK so that was a great day. Took 3 trades today - 1st was a GBPAUD short for +100.2 pips. 2nd was a EURAUD short for +43.5 pips. 3rd was a CADJPY long for -1.8 pips. End of day result on my account comes out to +10.3%. Not too shabby. Cheers and ...

Fighterdude's Live trading journal

CADJPY long closed for an early exit at -1.8 pips. The day is over for me. image image

Fighterdude's Live trading journal

OK, for my 3rd trade of the day... CADJPY long. After what looked like a break out, I finally got my pullback. Entry Price - 95.990 Stop @ 95.490 Target @ 96.500 image image

Fighterdude's Live trading journal

Eying a potential CADJPY long. We've got our entry signal on the hourly chart but price has closed on the high... I am a little wary buying at the previous top so I am going to see if I can ride the price and get in as close to 95.96 as possible. ...

Fighterdude's Live trading journal

EURAUD short early exit for +43.5 pips. Support was found on Daily 21-EMA. We need a break below and retest as resistance to confirm further downside potential. image image

Fighterdude's Live trading journal

GBPAUD short target hit for +100 pips. image image

Fighterdude's Live trading journal

First 2 trades for the day and 3rd and 4th for the week is a GBPAUD short and EURAUD short. GBPAUD - Entry Price - 1.63748 Stop @ 1.64449 Target @ 1.62748 EURAUD - Entry Price - 1.40949 Stop @ 1.41647 Target @ 1.39949 image image

Fighterdude's Live trading journal

Good morning everyone, Aside from GBP manufacturing production and the ECOFIN meetings, Today should be a fairly light day news wise. So lets get right into it... I am actively looking for trades on the following pairs - SHORT - GBPAUD EURAUD GBPNZD ...

Fighterdude's Live trading journal

Precisely. Cheers, ~fighterdude

Fighterdude's Live trading journal

Maybe so... But then again, rules are rules, and mine said to cut it.... so I did. I'm not gonna cry over missed pips... there will be plenty more! :-D Cheers! ~fighterdude

Fighterdude's Live trading journal

Okay so that is it for today. 2 trades total. 1st trade was a GBPCAD short which resulted in -2 pips. 2nd trade was a GBPAUD short which resulted in -14.3 pips. End of day result on the account was -0.9%. I may take some trades in the Asian session ...

Fighterdude's Live trading journal

GBPAUD short closed -14 pips. GBP holding it's support for today across the board. image image

Fighterdude's Live trading journal

1hr/4hr Multi time frame analysis with daily levels for my targets. In most cases I go for around 50 pips unless there is a clear support/resistance level in the way or if we are in a very strong trend I will take more. Nothing new as far as my ...

Fighterdude's Live trading journal

2nd trade of the day/week. GBPAUD short. Entry Price - 1.63719 Stop @ 1.64719 Target @ 1.6268 image image

Fighterdude's Live trading journal

GBPCAD Short closed for -2 pips. Looks like support isn't going to break just yet. image image

Fighterdude's Live trading journal