5min trading

Hi jeetvirk. any chance you cld post your divergence indi? looks interesting.

Sure Iak its not mine I took it from FF. Credit goes to person who made it.

Regards

Thanks mate.

It uses the OsMA. Awesome.

Todays Results Entered trades after break of TL.

EU=BE could have easly took 15 pips need to work on my entry
EU= +10 Entered after break of long trend line and price rejected at 1.1300. close the trade manually because price is not moving. In this also better entry could have given me +20.

regards

I hope iak you don't mind putting trades here because these are not based on Divergence.

No problem. post whatever you want. This just a workspace to figure stuff out. I like seeing how others trade.

Poss short setting up....

1.Short

-10pips
Away from house. Just checking on tablet. I see it has since moved down nicely. Never mind. Will look at it in more detail this evening when home.

Looking back through the day I can see 4 trades that I would have taken if present at my screen. 3 were winning set-ups, 1 a loser. I took one trade today and it was the 1 loser. lol. Shit happens. Had more important places to be such as picking my boy up from school and taking him swimming. I look to take 20pips and risk 10. Although today was a lame day for me I am feeling upbeat about my simple system. Had i taken all 4 i would have made 60pips and lost 10. a 50pip gain for a day is pretty good in my books. I am trading a demo account until I can develop a repeatable entry and exit strategy that has a 50-50 or higher success rate over a long period of time. This is now my official forward testing of this little set up. It may be that it turns out to be crap. I sometimes worry about whether it is enough of a divergence, or should i wait until a trendline break or reverse divergence? etc etc. I need to stop this BS thinking. From now on it is going to be black or white. Very basic normal divergence occurs between price and the OsMa oscillator on the eur/usd 5min chart. (i love the 5min chart. dont know why). I like the synergie candles i found somewhere at some point here on FF. I get a colour change on a completed candle in the direction of the OsMa divergence. Boom. Push the button buy/sell. Set up SL and TP. Put the kettle on. I need 4 out of ten trades to win to be in profit. Unfortunately I have to work a normal job to function in society until i can crack this. luckily i work 4 0n 4 off so get a couple days every week to trade and sometimes the whole week. I will stick to these simple rules now and post every trade. My main problem is myself. my discipline is poor. Hopefully writing this crap down and posting my good and bad trades will help keep me on track. Anyone is welcome to post anything they want here.

Lets do it mate.

EU= sl move to BE, entered after break of trend line.

1.Short.

out -10

2.Short

+20

3.long

out -10

4.Long

Out +20

5.Short

out +20

Good job iak..

regards

Hey my friend where r u did u took this trade.

EU= +20

Nice trade mate. I was just looking at that. Im not trading this week unfortunately. Will be back trading on monday.

If we look at chart there are 3 possible trades we can take all r winner.

Easy 60 Pips.

Another Trade