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GBP/USD M5 Trading

  • #421
  • Jul 19, 2022 6:59am Jul 19, 2022 6:59am
Quoting MichaelSch
{quote} I like your m1 view. Moving averages are good help if use wisely.
Hi Michael,

Yes, why do people use random Moving Average lengths on all Time Frames, the most popular being 20 50 100 and 200 it seems, it doesn't make sense

It's far better to have the Moving Averages in line with the Higher Time Frames

It was ages ago when I read Crucial Points thread that I started to use them correctly Post 26

I've found incorporating the 30 60 120 240 with the M1 helps enormously
  • #422
  • Jul 19, 2022 7:09am Jul 19, 2022 7:09am
GBP/USD M1 Observations

Price is getting Compressed
Attached Image (click to enlarge)
Click to Enlarge Name: 19th July 22 M1 Observations GBP_USD_20220719_13.06.png Size: 53 KB
  • #423
  • Jul 19, 2022 7:29am Jul 19, 2022 7:29am
Quoting stevepatt
GBP/USD M1 Observations Price is getting Compressed {image}
GBP/USD M1 Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 19th July 22 M1 Short Trade GBP_USD_20220719_13.23.png Size: 61 KB
  • #424
  • Jul 19, 2022 8:04am Jul 19, 2022 8:04am
Quoting stevepatt
{quote} Hi Michael, Yes, why do people use random Moving Average lengths on all Time Frames, the most popular being 20 50 100 and 200 it seems, it doesn't make sense It's far better to have the Moving Averages in line with the Higher Time Frames It was ages ago when I read Crucial Points thread that I started to use them correctly Post 26 I've found incorporating the 30 60 120 240 with the M1 helps enormously
You are right and many thanks for the link. Hope you keep posting your good analysis. Every time a pleasure.
Perfection is the enemy of good enough!
  • #425
  • Jul 19, 2022 8:56am Jul 19, 2022 8:56am
Quoting stevepatt
{quote} GBP/USD M1 Short Trade {image}
GBP/USD M1 Short Trade Result (-20) pips (1%)

GBP/USD M1 Long Trade 2

When you see Price go against your position then come back to it but Fails to make a, in this case, Lower Low get the "Hell Out"
Attached Image (click to enlarge)
Click to Enlarge Name: 19th July 22 M1 Long Trade 2 GBP_USD_20220719_14.44.png Size: 65 KB
  • #426
  • Jul 19, 2022 9:06am Jul 19, 2022 9:06am
Quoting stevepatt
{quote} GBP/USD M1 Short Trade Result (-20) pips (1%) GBP/USD M1 Long Trade 2 When you see Price go against your position then come back to it but Fails to make a, in this case, Lower Low get the "Hell Out" {image}
GBP/USD M1 Long Trade 2 Result +10 Pips +0.5%
Attached Image (click to enlarge)
Click to Enlarge Name: 19th July 22 M1 Long Trade 2 Result GBP_USD_20220719_14.52.png Size: 68 KB
  • #427
  • Jul 19, 2022 9:20am Jul 19, 2022 9:20am
Quoting stevepatt
{quote} GBP/USD M1 Long Trade 2 Result +10 Pips +0.5% {image}
Price has been in a 40 Pip Range since 10.00am BST better to "Wait for the Break"
Attached Image (click to enlarge)
Click to Enlarge Name: 19th July 22 M1 Observations GBP_USD_20220719_15.16.png Size: 61 KB
  • #428
  • Jul 19, 2022 12:54pm Jul 19, 2022 12:54pm
Quoting stevepatt
{quote} Price has been in a 40 Pip Range since 10.00am BST better to "Wait for the Break" {image}

GBP/USD M1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 19th July 22 M1 Observations 2 GBP_USD_20220719_18.49.png Size: 67 KB
  • #429
  • Jul 19, 2022 9:21pm Jul 19, 2022 9:21pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
observation
  • #430
  • Jul 19, 2022 10:06pm Jul 19, 2022 10:06pm
Quoting senjamerah
{image}observation
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
market too slow...
  • #431
  • Jul 19, 2022 11:19pm Jul 19, 2022 11:19pm
Quoting senjamerah
{quote} {image}market too slow...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220720-121557_1.png Size: 298 KB
fly baby fly
  • #432
  • Jul 20, 2022 1:08am Jul 20, 2022 1:08am
GBP/USD M1 Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 20th July 22 M1 Short Trade GBP_USD_20220720_07.05.png Size: 61 KB
  • #433
  • Jul 20, 2022 1:13am Jul 20, 2022 1:13am
Quoting stevepatt
GBP/USD M1 Short Trade {image}
GBP/USD M1 Short Trade Result +10 Pips +0.5%
Attached Image (click to enlarge)
Click to Enlarge Name: 20th July 22 M1 Short Trade Result GBP_USD_20220720_07.09.png Size: 64 KB
  • #434
  • Jul 20, 2022 1:32am Jul 20, 2022 1:32am
GBP/USD M1 Short Trade 2
Attached Image (click to enlarge)
Click to Enlarge Name: 20th July 22 M1 Short Trade 2 GBP_USD_20220720_07.30.png Size: 56 KB
  • #435
  • Jul 20, 2022 1:41am Jul 20, 2022 1:41am
Quoting stevepatt
GBP/USD M1 Short Trade 2 {image}
GBP/USD M1 Short Trade 2 Result +10 Pips +0.5%
Attached Image (click to enlarge)
Click to Enlarge Name: 20th July 22 M1 Short Trade 2 Result GBP_USD_20220720_07.37.png Size: 57 KB
  • #436
  • Jul 20, 2022 3:03am Jul 20, 2022 3:03am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Good luck guys...
  • #437
  • Jul 20, 2022 4:13am Jul 20, 2022 4:13am
Quoting senjamerah
{image}Good luck guys...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
enough...i'm done....close manually...
  • #438
  • Jul 20, 2022 4:50am Jul 20, 2022 4:50am
Quoting senjamerah
{quote} {image}enough...i'm done....close manually...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220720-174656_1.png Size: 321 KB
  • #439
  • Jul 20, 2022 10:03am Jul 20, 2022 10:03am
GBP/USD M1 Long Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 20th July 22 M1 Long Trade GBP_USD_20220720_15.57.png Size: 46 KB
  • #440
  • Jul 20, 2022 11:11am Jul 20, 2022 11:11am
Quoting stevepatt
GBP/USD M1 Long Trade {image}
GBP/USD M1 Long Trade Result BE

I Exited at BE when Price Failed to Break through the 1.20000 RN

Took a Short Trade which I didn't Post because I needed to Focus on the the Trade it was BE also
Attached Image (click to enlarge)
Click to Enlarge Name: 20th July 22 m1 Long Trade Result GBP_USD_20220720_17.01.png Size: 55 KB
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