5m Trading - Which technique do you use? | Forex Factory

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5m Trading - Which technique do you use?

  • #1
  • First Post: Aug 25, 2010 8:49am Aug 25, 2010 8:49am
I have been a member of forex factory for a while and have read some very interesting threads. However there is also an abundance of information. Trying to sift through such data is timely and also uncertain of its success.

I am interested if you are kind enough to share what do you find as the most useful technique or method which you find profitable trading the 5minute chart.

I look forward to your responses.
  • #2
  • Aug 25, 2010 9:05am Aug 25, 2010 9:05am
Quoting fxenigma
I have been a member of forex factory for a while and have read some very interesting threads. However there is also an abundance of information. Trying to sift through such data is timely and also uncertain of its success.

I am interested if you are kind enough to share what do you find as the most useful technique or method which you find profitable trading the 5minute chart.

I look forward to your responses.
I tried a lot of stuff, and through that i saw the wisdom to develop my own stuff at M5. I think being profitable is mostly about developing youre own stuff, so have a look at others, but keep youre wits and intelligence with you and never trade the exact same way as anybody else, cause it wont work, at least didnt for me.

I know im sort of smart, everybody is if we apply ourselves. I thought other people have been at this longer then me, and that they are smart also, so i could learn and do as they. It doesnt seem to work much like that, since i cant find anybody, and i mean, anybody that seem to be able to teach me a lot, other then myself.

So with hindsight in mind i say this: I wish i applied more of my own intellect and searched less for a complete system. I could have saved at least a couple of hundred working hours and a lot of angst if i did. I never found as much as a single person with a sane way of trading that i where able to mimic. So my advise is:

Stop looking, start working.
My signature is: "Classified".
  • #3
  • Aug 25, 2010 9:05am Aug 25, 2010 9:05am
I appreciate all your support.
  • #4
  • Aug 25, 2010 9:27am Aug 25, 2010 9:27am
Quoting fxenigma
I appreciate all your support.
Well thats what we are here for, to learn from eachother, at least thats why im here, that and the news.
My signature is: "Classified".
  • #5
  • Aug 25, 2010 9:44am Aug 25, 2010 9:44am
Hahahaha

Cheers buddy .... I am closing to coming to my own conclusion on how to trade. Just need the guts now to actually start doing it.

I would just like to hear different opinions of peoples journeys and compare notes.
  • #6
  • Aug 25, 2010 9:47am Aug 25, 2010 9:47am
Quoting fxenigma
Hahahaha

Cheers buddy .... I am closing to coming to my own conclusion on how to trade. Just need the guts now to actually start doing it.

I would just like to hear different opinions of peoples journeys and compare notes.
Check out my journal and the two threads i started about stuff i worked on, maybe youll see something there you could ponder.
My signature is: "Classified".
  • #7
  • Aug 25, 2010 10:18am Aug 25, 2010 10:18am
MACD and ADX and exponential MV 20 ,

you can use these
  • #8
  • Aug 25, 2010 5:41pm Aug 25, 2010 5:41pm
I like support resistance by historical chart. And I always believe "history repeat it self".

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double top configuration
  • #9
  • Aug 25, 2010 5:55pm Aug 25, 2010 5:55pm
Quoting errich fx
I like support resistance by historical chart. And I always believe "history repeat it self".

-----

double top configuration
i seriously DO NOT like your avatar man. Fckn scary everytime i look at it
  • #10
  • Aug 26, 2010 4:12am Aug 26, 2010 4:12am
Quoting whogoods
MACD and ADX and exponential MV 20 ,

you can use these
How would you use these? I sometimes wonder if indicators work at all , mainly due to there laggard results.
  • #11
  • Aug 26, 2010 4:13am Aug 26, 2010 4:13am
Quoting errich fx
I like support resistance by historical chart. And I always believe "history repeat it self".

-----

double top configuration
I appreciate the info , on a short time frame does it work? i.e. 5 minute

And how do you apply support resistance , if you do not mind me asking.
  • #12
  • Last Post: Aug 26, 2010 4:14am Aug 26, 2010 4:14am
Quoting hilmy83
i seriously DO NOT like your avatar man. scary everytime i look at it
Other than the Avatar , do you have any feedback or comments you want to share with us?
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