N2FX - 1/5/15 Minute Pattern Trades

I seen the 4400 hold support there, and took a +5 pip Long with the expectation of the move up before London close.

Now the 1.4415 test , should break.

Update: "Should" Did not break.

I looked at the rating of this thread yesterday, had 5 votes for perfection, lol.

Now I have 7 votes and dropped in my rating, guess I have a few spectators that do not like cool traders like us taking all their CASHO.

If I added about 10 indicators, it would boost my ratings because I would look smart, but that does not change my MEGA PROFITABILITY.

Any ways, enough about that, just a journal that I wanted to start for a while, and there are a few good traders here giving some excellent analysis and calls to make money.

N2FX you are an excellent trader with a very sound methodology on price action and are profitable. I am sure all the traders that did not rate this thread favorability are perhaps a little jealous.

I am always leary about trading around news reports especially big ticket items such as we had this morning so I did not trade these trades today. lol maybe one day I will get the guts to do so on a regular basis, but price did make some nice moves today in the US session.

We have the FOMC minutes at 2(est) that will more than likely spark some moves.

Attached Image (click to enlarge)

Another nice chart, you should be making some of these pips though.

With the news coming out in a bit, I took my last long on EU at 1.4391 based on the 5min supp and the 15 min candle open at 12:45 pm EST. +7 pips.

1.4000 was my target area.

I will now sit on my hands and not touch this button that says TRADE.

Thanks for the kind words.

Hope you make some profits today.

There are all kinds of people on this forum, some helpful, others not so, and some that just don't have a clue. I have been the last type for quite some time. Don't let the rating thing get to you.

It sure would be nice to have a couple more PA junkies to talk to! I sure am enjoying talking with you and this thread is 5 Stars to me.

Trades taken in NY today

EU +5
GU +7
EJ +25
EJ +10

EJ were brought to my attention from Skracor, took some time, but EJ paid out nicely.

Total +47 pips

4 wins - 0 losses

What is up zippy?

Some good trades in the thread.

Congrats.

Okay, figured since I traded the EJ today, why not add another pair for fun.

GJ Short at 147.72

Stop if 147.76 breaks.

Updated after trade exit: I watched this for a long time lol, here is the 2nd chart for exit.

GJ short

Was +12 at one point, then price went to my stop area and had me at a -11 pips (6 of those are spread), I remain in for now to see if this resistance holds.

The problem with this pair is the high spread cost, I wanted to try it, and I am, but probably won't again. LOL.

Time to get back to business on my 3 pairs.

Looking at the 15 min roll.

I just closed the 2 trades I had.

GJ +8 pips
UJ +5 pips

My daily goal was already reached in NY, so this is just additional CASHO.

NY Session
EU +5
GU +7
EJ +25
EJ +10

Asia Session
GJ +8
UJ +5
AU +7

Total +67 pips

7 wins - 0 losses

This is the first time I am posting this pair, actually I have not looked at this pair for some time.

But, a trade is a trade.

I will take it once it says to GO, either way, up or down.

I said, a trade is a trade, I can't believe that I seen that when I just opened that pair.

I shorted automatically, and just in time.

+7 pips in less then 1 minute.

You can see the entry and exit.

Check the charts yourself to see where it went after.

CASHO again and again, getting a bit boring at times.

Took the EU short at 1am EST open bar with this reversal setup.

Here is the 2 -15 min charts showing my setup, entry, and exit.

Another +7 pips, maybe I should go for more then that?

This is my standard target range, which has been tested and proven for my style of trading.

NY Session
EU +5
GU +7
EJ +25
EJ +10

Asia Session
GJ +8
UJ +5
AU +7
EU +7

Total +74 pips
(profit after spread)

8 wins - 0 losses

Excellent trading my friend. Your calls have been spotless as usual. Looking forward to more!

Long at 1.4318
Exit +5 pips

Based on 15 min pullback to the lower area for entry. 10:15am EST Bar.

After seeing the top fail, price has pulled back down nicely.

Watching for Long trade now.

Will need a 5 min to confirm 1 min entry.

Update:
1 min entry at 1.0340
Watching 5 min

Here are the entry and exit charts for the U/Cad Long Trade.

+10 pips