GBP/USD M5 Trading

Quoting oneboy

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13 dec 22 Short trade on GBPJYP [late entry, could have been 168.800] ENTRY 168.700 SL 168.900 tp 168.200 {image}

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Quoting stevepatt

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{quote} AUD/USD M1 Observations Close up of latest Bearish Setup {image}

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Quoting stevepatt

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{quote} AUD/USD M1 Observations Is Price Transitioning to Bullish {image}

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Quoting stevepatt

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{quote} Hi Oneboy, The Lower the Time Frame you use to Enter Trades the earlier you can Enter It took me years to get used to M1 but now it's my main Time Frame Today I haven't even looked at an Higher Time Frame Remember a +1000 Pip move starts with the First Tick {image}

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Quoting oneboy

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14 dec 22 In first trade i manually existed with -12 pips In second trade sl hit with - 20 pips Feeling down after results, but will not stop trying. ''A man can only keep trying.'' THANKS.. {image} {image}

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Quoting stevepatt

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AUD/USD M1 Observations Price isn't going anywhere for awhile...... {image}

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Quoting stevepatt

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{quote} Hi Oddboy, Learning to Trade is a "Long and Winding Road" for most people It's our ability to not give up and keep looking for improvement that will see us through An important element, of Trading, is wanting to be the best Trader we can be rather than just seeing Trading as a means to make money Once we become a good Trader money will follow The Charts below show my view point from a M15 Perspective Look for which way Price is Breaking through Structure Points Once you see the Break Price will "Usually" Return to test the Breakout Point...

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Quoting oneboy

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{quote} Hi Steve, thankx for guidance , i will be trying to implement 1 min pov in my GOLD scalping method because i think it has somewhat better levels[ better retest,quick 10 pips movement, respecting levels ] than GBPJYP. I can't even connect levels and trendlines in 1 min in gbpjyp. this week price movement are all over places because of news. thankx... {image} {image}

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Quoting stevepatt

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AUD/USD M1 Pending Short Trade (Triggered) {image}

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Quoting stevepatt

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{quote} AUD/USD Observations (From this Morning) {image}

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Quoting stevepatt

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{quote} Hi Oddboy, Did you Catch the Bearish Setup on Gold? {image}

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Quoting oneboy

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{quote} Nah man i didn't trade today. Was just watching market movement. And the effects of news. Would have been great if traded today. The price was just perfect for one setup I find. I am again trying to apply price action, drawing level and watching how price reacts to it if it reacts how I assume it should, I will be looking for entries. Again, just started and don't know what should be target, sl and entries. This was one setup I find worth entering. What do you think?? Thankx.. {image} {image}

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Quoting stevepatt

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{quote} AUD/USD M1 Short Trade Result +20 Pips +2% {image}

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Quoting stevepatt

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{quote} AUD/USD M1 Observations {image}

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Quoting stevepatt

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{quote} Hi Oneboy, The Chart shows my view point You need to find one or at most two Pairs that move in a Relatively Predictable way Not easy, I know, but it can be done At the moment I like Trading AUD/USD because it moves "Relatively Smoothly" Trading M1 I can be pretty sure it will hit my +20 Pip Target and if I time my Entry Correctly then if my +10 Pip Stop Loss gets hit Price will have Reversed on me {image}

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Quoting oneboy

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{quote} Hi Steve, I am currently trying to find pairs that suit me and my strategy. i can only assume or understand gold price action right now but will keep searching for more pairs. my gold view and entry. {image}

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