GBP/USD M5 Trading

AUD/USD M1 Long Trade

AUD/USD M1 Long Trade Result +24 Pips +2.4%

AUD/USD M1 Observations 7

if anyone not understand, u can ask and i will try to explain...

Seems you share at least some more information. The way to go for a better together here. Keep it, much to learn from that what you post.

i hope all of u can understand what i try to share here..

FYI, it is not easy for me to share. i don't know how other people do it but for me it is tough to explain how i do it. after i start change my trading tf from m5 to m1, it look much clearer but it not like 1+2=3 things.....

because my way of trade need u to act fast, sometime i dont have to wait for retest or pullback before enter the market. so michael, i hope u can understand that.

13 JAN 23
GBPJYP Observation 4tf
Was looking for price to touch supply zone and bearish engulfing candle formation but it seems i was a little of the mark as price didn't not reach SZ and reversed.
One might have also looked at this from HL AND LL perspective.Market can be looked from different angle and view.
Also noticed when you try to analyze one particular pair also try to analyze similar pair like EURJYP because it formed double top with RSI signal for SELL.

LESSON Learned '' Analyze two similar pair for better market understanding''.

GBPJYP
EURJYP

Hi Senjamerah,
I think that's a fantastic explanation and it gives clear view of what you look in the market.
Hope to learn more from you...

watch carefully..

The method I use may not necessarily give the same results to others. But I'm sure you can do it too. I only focus on 1 pair, 1 time frame and the same trading hours. So i don't know if it can give same result if u use other pair/time frame/market sessions.

Done.

Hi Senjamerah,
This is the outlook of my strategy in 5 min tf. this mainly involves support,resistance, trendline and patterns.
And this is the maximum output of this strategy for today which is 50% strike rate that means it overlooks trading psychology and daily bias against trend and nearest support and resistance if trade taken in that direction.
I would like to increase my probability because the data of December is not looking very good and the strike rate were 30 to 45% in the 3rd week of that month.
Risk to reward = 10 pips:20 pips

Would you please provide your outlook and view in 5 MIN TF. AND how you view it in that time frame for today's day.
thanks...