how to trade 1-2 hours / day ?

yes but the guy doesn't state his method. where is his trading method ?

I have re-readed a few webpages and I have talked with a few old traders: the result is the incredible low time frame. - at least for me is incredible: 10 sec chart to see how is moving and an 5 min chart to see from where to where is expected to move. - a kind of support resistance, if I can call it on 5 min chart. Also I am watching the tested maximums / minimums and the session.

Before London open and after London close , but before new York close the Eur/Usd moves very nice.

Unfortunately Oanda doesn't display how much pip I am earning in the closed reports, but I would say 5-15 profit, and 7-10 pip loses.

Trades need to be monitored all the time!!! - if I see he will not go in my direction I am closing in BE or -5 PIP.

In 1-2 h before London I can make 2-4 trades, even 5, at evening the same.
Using very low leverage (usually 1:1, only a few rare exception are with 1:2 or 1:10, to "correct" my trades)
+0.1% + 0.5% is the average gain for the total account in a trading session of mine.


Still over 40% /year !!! - daily +0.13% / day in 260 days

Maybe in a few months it will be a tested method of mine and I will use higher leverage.

Isn't much, but I have planed 0.15%/day and I got 0.5% average

Here are my trades:
Thumbnail:
http://img855.imageshack.us/img855/527/maj2327.th.png

And a large image:
http://img855.imageshack.us/i/maj2327.png

Today is Monday and is a Bank holiday, I made 0.39% -it is more than I have expected: 1 lose and 4 or 5 win trades

Sound funny?

I wanted to make my +X% /day. On that morning I wasn't fresh, because I was sick and I couldn't sleep. In this state I gave less importance on a micro downtrend is at almost the end. after 1-2 pip in plus I got the -15 pip SL. and I have used 2x leverage. To correct this, I had entered in position with 4x got a stop lose with 15 pip again, than I got another SL with 10x. In a few hours I have lost like the 10x dais gain... I know after 3x lose in a row I must play other game. After I got rest and a few minutes of analys I did another overleveraged trade. The didn't moved in either position, but finally I did nice profit.

What I learnt:
Not a smart idea to trade, when you can't even think.

From my experience: the 10-30 sec chart is moving, but sometimes those are cased by SL or TP of higher trends. It will be a pause of the movement and maybe a trande change too.

Right now I think the first 2 weeks in the month the price is driven by hard news and maybe after that the price is moving on technicals end sentiment.

If the microtrend is up (10-30 sec) the 15m trend is in other direction (down) and the daily is on up, now what to do?

Usually London session isn't opened yet or just closed. If I make a trade with 35-50 pip TP (daily chart) maybe it will hit SL by 15m trend....and I can't watch the movement...Sometimes in Tokyo session it moves 50 or more pip to...