Do you do this full time for a living? If you are this good normally then life must be good.

Just for fun since I'm trading pennies. At one point: -46 pips Ended the trade with +3 pips. Risk/Reward 15 to 1. image

1st Trade: It just started moving away from me rather quickly -6 2nd trade: Got +5 out of this I took two more trades after this +6 and a -4. image

Are you aiming for just ~10pips and then exit? Edit: Sorry for all the questions but everyone has a different take on the rainbow.

Thanks for the advice, now I just need to come up with a good exit strat.

1st trade: It just went straight -8 and I gave up. 2nd trade It went +10 first then -13 followed by +14.

Did you look for it to break 160.27? Thats the previous low.

Oh yea very good movement on the EUR/JPY today from 1am PST.

I normally trade the USD/JPY but it is being rather lethargic. So I gave the Eur/Jpy a try. 1st Trade: I tried trading the spine breakout. Is that what it is called? Didn't work 2nd trade I got very greedy, didn't settle for 10 pips. Edit: Finally ...

Lucky I'm trading pennies. Everytime I buy price goes down and I sell price goes up.

+10.5 pips for the day. I hope I can keep this up. Edit: got another +3 pips from the USD/JPY. I LOVE THE RAINBOW. I still have so much to learn. Thanks to everyone in this thread for their inputs.

The USD/JPY had a lot of movement today. Rainbow works just takes screen time as linuxtroll said. Thanks once again. Me = Noob at work

I'll take note of that when China goes back for the dollar

Nice, how do you determine your entries?

I want to be busy making money too.

Love your charts, now if i can get them to work for me.

I've been trying that method out and I think I still need work on it.

Only when u see a swing high or low before the spine cuts the H/V right?

Are you still using the swing low/high then spine cut h/v line to enter?

Yea but only if it is trending. I see a lot of false breakouts on the USD/JPY