N2FX - 1/5/15 Minute Pattern Trades

1/2 out with +11 pips, other 1/2 in for 30 area.

I will stop 2nd 1/2 at +5 pips.

Okay, heading to church here, figured I was good enough making that back.

Up +95 pips for 3 hours, only 10 more for the weeks goal.

i like that 30 area as well

bid half at 40 and half at 32

lol @95 pips in 3 hrs

not sure where i am

somewhere in that range as well

I actually think will get back to 3600 this evening, all my time frames are putting short signal out.

I would like to see 30 hit, then the move to your 3707 area, shorting for the big drop to 3550.

Just a thought, see you in a few hours.

Good trades guys.

No doubt you were seeing many of the same setups, this was primed for 100 pips today, now we get even more aggressive and up the lot sizes with the perimeters set.

half out 42

This is the 15min system setup, I had the signal for short, we were at extreme tops, and the stall patterns formed.

I had entry Shorts at the body line that formed the signal.

The first entry was a bust, but the 2nd was premier.

I may have to increase the stop next time a few pips, like the top, it never made it that high before it collapsed and went down.

I have the support line now forming at 18 area.

So the 30 should be a safe haven, and it was an area that played out strong before the market opened.

32's on the rest

so +25 on the trade

that was a gift of a trade---- so was the 40 pip long


stupid really


lol

Every trade is a gift, I treat each entry with respect.

Good job bro, do give me a shout when your back online.

Cheers

J

Looks like 3621 formed as support, just a few pips above my expectation.

Were back to the highs on all 4 pairs now.

Watching for setups to form on the 15min system.

Okay, now Gu and Eu are coming to the highs from earlier, we follow the last 15min bar low body line.
This will eventually be our entry point on a 15 min signal.
Patience, and we will capture our profits soon enough.

Body lines as of now
GU 5467
GJ 143.97
EU 3658
EJ 127.15

Update: Watch for end of the hour spikes, could go either way, I expect it to push higher to grab some long breakout traders.
I do not anticipate, but will take trade as per setups, let it move and squeeze, I will take my pips in time.

Looking for 3688 area here.

I seen the moves coming across the 4 pairs, I am no breakout Long trader here, too much risk for it to snap fast down.

But EU was good to me here, coming to an area that has me ready to short once again.

Top of hour will show soon enough.

The top of hour gave the first indication of shorts on all 4 pairs.
Now we watch the body of the last 15 min bar to look for stall patterns.

I want to clarify, I am only posting information here for the 15 minute system, what I watch for, and when I will enter.

This should not be confused with my standard scalping technique, I mentioned the 3688 level for area of resistance, I entered a short with the tick chart at 3684, and will exit when price says it is over.

+7 pips on the top area I had noted, was a top of hour reversal I was waiting for.

Now I will focus on the 15min system trades.

What I have is the body low of last 15min bar, after this candle closes I will raise those lines to this candle body close line, I am expecting a move back to top on these pairs for a lower high setting up for shorts.

After the high at 3691 was reached, the new hourly came down for 20 pips or so, and I had a short signal trigger, I did not enter on that setup just yet, but have a short entry at 3676 on the 15 min bar trying to move back to top, but staying under the 77 high earlier.

Now we will see if the 66 line breaks for the 15min setup short.

Will watch 66 to 76 resistance stall for more entries short.

Here is totals for today, I am in another trade since posting this chart.