High Probability

10 little trades, never mind targets, and pivots, etc etc,
everytime ashi on the 5m gives a second candle take it.
10 little trades +3 pips per day adds up ..= 30 pips
just keep it simple. There will be 10 entries on the five worth 3 pips each.
They'll be worth more than that...
I have to keep my brain flexible and like I saw one thread entitled, "Trade what you see not what you think."
or something like that. That's the idea.
The strategy has rules and they are fixed. But my thinking cannot be rigid. How to apply the strategy will vary. If it is a powerful trend developing (okay then targets and ema's etc. or if it is a ranging market, okay little pips.,) the entries are good, how I manage the trade is something else.
I have to be able to tell the difference.

if there are 2 blue ashis on the 5m enter long...
keep an eye on fisher and transform. little pips or trend with tgts?
little pips would be bound by the ema on the 1 m, a bigger move would be found on the 5m again to the 200 ema but there on the 5 m.

2 blue ashis but I don't have to take the trade. If it doesn't make sense to me.

6 good scalps and 1 blooper... 1st day real money micro
there's hope....
risk management..........................

24797954 EUR/USD 1,000 10/9/09 1:24 AM 1.47219
10/9/09 2:00 AM 1.47202 $0.17 1.7 pips
24798906 EUR/USD 1,000 10/9/09 2:43 AM 1.47420
10/9/09 2:57 AM 1.47170 $-2.50 -25 pips
24799825 EUR/USD 1,000 10/9/09 3:49 AM 1.47331
10/9/09 6:29 AM 1.47409 $ 0.78 7.8 pips
24807285 EUR/USD 1,000 10/9/09 10:10 AM 1.47499
10/9/09 10:55 AM 1.47530 $0.31 3.1 pips
24809296 EUR/USD 1,000 10/9/09 11:47 AM 1.47223
10/9/09 11:47 AM 1.47205 $0.18 1.8 pips
24812026 EUR/USD 1,000 10/9/09 1:49 PM 1.46998
10/9/09 1:53 PM 1.46985 $0.13 1.3 pips
24812050 EUR/USD 1,000 10/9/09 1:53 PM 1.46972
10/9/09 2:08 PM 1.46953 $0.19 1.9 pips
Total $-0.74 -7.4 pips

after reviewing the journal for last week and refreshing my memory over the lessons I'm placing this trade in the demo for little pips..

that was the idea of the trade and it indeed it was little
+1 pip

there were more pips to the trade,
am a little hesitant to trade at all today, no data us US mkt closed later.
so in and out very quickly. but there was more to this...

from this chart the system shows downtrend possible tgt 200ema

lot lot more downside
+25 pips, and there I stood with 1 pip..

Hey Jiva nice system you got here but there is something i wanna share with you..before you take a trade look to see which direction the Aud/us is going and always trade the eur/us in that direction..what i have learn is these pair (aud/us,euru,us and gbp/us ) most of the time move strongly togather..this is jus something i thought i would share with you..please let me know what you think.i wish you all the best in your trading.

but I am not taking 1m signals.
prices going to 200 ema on 1m.

200 ema reached on 1m

the first trade was with the trend, below 200 ema on 5m.
so it should have been considered big pips
this one is counter trend so little pips...

little pips,
counter trend,

actually reached the 10 pip limit..
am getting the trend right, that's encouraging, exiting way too early...

looks like a signal on the 5m is good for at least 10 pips even counter trend if the market is actively trading...

Hey Jiva did you read my last post?..let me know what you think

cci 55 may give better signals than the fisher.
will compare for a while

would be very good to be able to replace 2 indis with the one..
the sound alert is there with varmov not visible..

the signal on ashi smoothed
coincides nicely with cci 55 cross of 0
sometimes cci can bounce around 0, lots of false signals, but when ashi confirms then it is a good signal.