Please take a look at the attached image; it is today's 5 minute chart for the EUR/USD. We have pltooed in trend lines as well as supports and resistances , using the smaller timeframe we are able to enter new and developing trends in a timely manner with very little downside risk. Our goal is to average 15+ pips on each currency pair we trade, if we can successfully trade 8 pairs on any given day we can expect 120 pips per day, 600 per week, 2400 per month. Take the time to explore the 5 minute timeframe , send or post any insights that you may have. 15 pips a day should be no problem for a group of intelligent traders in this forum.
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