Euro/Yen Live 5 min Scalping

To help me to be true to my own trading rules, I am going to start entering my live E/Y trades here. Please be kind to me as I am paper trading and trying out some scalping techinques I think might work.

I scalp off the 5 min chart.

Bought @ 161.01 at 7 07 pm Eastern ( 1.07 meta charts time )

Stop loss 25 pips

Close @ 19.24 (7.24) Eastern @ 161. 08 +2

Buy @ 163.44 2 :30 Eastern

Closed @ 14.33 @ 163.50

Sell @ 163.42 @ 2:45 E

Closed @ 3 :11 for 5 pips

Sell @ 163.34 @ 3 :30 E

Closed @ 3 :46 @ 163.23 for 11 pips

Buy 163.22 @ 3:52

Closed + 6 pips @ 4: 05

Summary : 5 Trades = + 5, - 0 = Total + 31 pips

Bought @ 161.01 at 7 07 pm Eastern ( 1.07 meta charts time )
Close @ 19.24 (7.24) Eastern @ 161. 08 +2

Buy @ 163.44 2:30 Eastern
Closed @ 14.33 @ 163.50 + 6

Sell @ 163.42 @ 2:45 E
Closed @ 3 :11 + 5

Sell @ 163.34 @ 3 :30 E
Closed @ 3 :46 @ 163.23 + 11 pips

Buy 163.22 @ 3:52
Closed 163.29 @ 4: 05 + 7

I am having a good look at the EY.

I see on the daily moves are small I see more up than down

4h : Ugly ! More up than down but indic's are mixed I am unsure where it want to go next.

2h : Mixed but more up than down

1h: it says down but oversold

45 min : says down but slightly oversold

30 min : says down it was overbought a few candles ago

15 min : down

10 min : down but oversold

5 min: down and oversold it can go lower I am sure but maybe not a whole lot we will have to see.

I have great difficulties logging on to FF, so I was unable to post live today. I had 19 trades of which 14 made money and 5 resulted in losses.

I trade exactly the same trades on my live account.

This shows that $ 10 000 went to $ 16 394 in a day, a 64% increase in the account. Today was a good day to trade the EuroYen.

Nice work Dollie, talk about a high risk profile

mind to elaborate your strategy?

Gladly, I will share the little bit I know about trading :-)

Here is what I mainly use : http://www.forexfactory.com./showthread.php?t=28935

Then I also look at Woodies CCI.

Hope this helps !

yep and kindda overtrading
slow it down man eurjpy can be a beast
also I would like you to take a look at this post of mine :
http://www.forexfactory.com/showpost...45&postcount=8