DislikedLovejoy, a correction is in place if I'm not mistaking, please.
The hours of trading, aren't they 8am to 7pm GMT+2? I think the broker you're on is on GMT+2, using PST closing time. (12am GMT+2 is 5pm PST).Ignored
ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Learning at the speed of snail [Newbie Learning Journal] 9 replies
Timeframes and the learning process 19 replies
Just an observation & learning process 5 replies
15 min indicator on 5 min chart 3 replies
DislikedLovejoy, a correction is in place if I'm not mistaking, please.
The hours of trading, aren't they 8am to 7pm GMT+2? I think the broker you're on is on GMT+2, using PST closing time. (12am GMT+2 is 5pm PST).Ignored
DislikedReally enjoying this thread Mark. I felt today was a tough one to figure out with all the choppiness. You managed it well though. Well done!Ignored
DislikedHi,
nice analyse of chart! Love to read your posts. Can you share your dot indicator, which mark highs and lows? Thanks and keep your thread update.Ignored
DislikedThis thread is my way of learning how to trade the 5 / 15min (mainly 5min) timeframe using the principles with which I trade the longer (1H,4H,daily, weekly) timeframes.
This is a journal to detail my current thoughts and ongoing thoughts, discoveries, experiences as I learn, analyse and demo more and more on this timeframe.
How Do I Currently Trade The Longer Timeframes:
The folling other threads have an influence on how I trade the higher timeframes:
1. James 16 Chart Thread
2. Jacko's Forex House of Pleasure and Pain
3....Ignored
DislikedI think you'll average 50% today. Too bad that beauty of a pin on EURUSD M30 was during my sleepy time.
Days like this are hard to find, but when they do come...Ignored
DislikedLol...you'd think that you couldn't lose money today wouldn't you looking at the 5min chart...one trend all day so far, but i fu*ked up earlier and managed to lose money will explain all later in my daily summary.
Yeah we had a 30min pin or a 1H BUOB on strong PPZ right at the start of this uptrend...I was asleep too then.Ignored
DislikedLol...you'd think that you couldn't lose money today wouldn't you looking at the 5min chart...one trend all day so far, but i fu*ked up earlier and managed to lose money will explain all later in my daily summary.
Yeah we had a 30min pin or a 1H BUOB on strong PPZ right at the start of this uptrend...I was asleep too then.Ignored
DislikedIt can happen. I took two e/u short trades today for losses . Am about b/e for the day and thinking I better quit now...
I haven't seen a whole lot of pa in the trend direction on 5min though... entering on new highs would have worked quite well though from what I know about it.Ignored
DislikedNot trying to be an as*hole, but sometimes a different perspective is all it takes.
Like yesterday, try not having a bias. Trade what you see, not what you feel. If you start the day thinking "I THINK it's going to go down today" then no matter what the charts will tell you that day you will be prone to going down more than up. And that will hurt you in the long run (if not sooner).
Just my 2 bani (that's the romanian cents)
Oh yeah, and we're heading into easter.. Markets tend to be erraticIgnored