M15 Trading Method (help required!)

Limits.

1 at 46, 1 at 56, 1 at 85, 2 at 93 SL at 1.4412 if that hits the trend is up again!!

None might fill ofcourse LOL

I took 1 position, just incase I totally miss it and it does 200pips without me, ofcourse 1 small position and 200pips won't rock my world, really need it to test the downtrend lines and load up with better priced positions first.

But better than flying up and getting in and hitting my SL I guess LOL


p.s. if Mr Breakout starts posting in here, he's been outted as a total BSer, claiming exits after the fact normal stuff, ignore him Normal reaction to this is to act like a 12year old ( think Nub's, ofcourse he likely is actually 12 )

p.p.s don't buy his soon to be on sale " Secret " Exit system

AUDUSD is approaching Red MA to good odds it'll bounce, with 5x's upside to downside potential, hmmmmm!!!


In 1 medium position, 2 more medium positions nearer the turn point / SL point we shall see in the am I guess.


Nice to have some trend to work with again

Eurusd took a 2nd position then kicked some butt, sadly Audusd went down to both being USD pairs as 1 would expect doh!!

So over all result is down a few $$'s

Calling it a week, well 2 days results are :-

USDCHF Moderate profit.
USDTRY Bailed small loss.
USDJPY small profit.
AUDUSD medium profit
USDCHF Small profit.
AUDUSD Big loss
EURUSD Medium Profit.

5 profits, 2 loser not so bad, some very close calls on SL's coulda flipped it the other way quite easily.

+15% ish which sounds great, but it's not even 1 hours wages, hmmmm.

Additional :-

USDCHF never did turn up, repeated running into my red downtrend zone and reversing back down, which would of made some good scratch.

EU just went to new low's doh!!


Loads of nice system called trades on the week, if I was paying attention.

Why did my PC just go bleep like I entered an order, ohhhh my Short entrys are still in, just 1 pulled the others 85 didn't quite hid sadly cause it would be up here !!

Out for spread loss, not standing in the way of a up move like this for long.

Good trends :-


USDCAD Longs, good up trend, selling currently so see where that goes.

EURJPY Shorts, major selling on this pair, shoulda shorted the open.

USDJPY Shorts, very established take any move up basically.

AUDUSD had a blip to hit my Long friday and back to uptrend, arrgghhh!!

NZDUSD same as AUSUSD turned down and back to up, needs a huge pull back though, but watch.

GBPCHF Downtrend, nice chart


1 cheat sheet!!

Gone with the USDCAD, 1 Lot here, 2 more 07, 3 more 95 is the plan all out 80.

Thats the plan, more hands off, find a trend, set limits with SL's and build a position to go with the trend if it plays ball and pulls back ofcourse.


Set 1 up on USDJPY aswell!! Short at 1 at 50 then 2 at 65 SL 80.

I keep forgetting, NEVER EVER EVER trade JPY pairs over night when JPY is open and crazy stuff happens LOL

SL's moved over 78.00 just in time, madness.



Especially first thing on a Monday am!!

All in small profit after a slight ARggghhh moment, question is how long can / should I hold for.

Monitoring from Iphone never the best!!

Taking huge proit usdjpy nice move.

Usdcad hit sl id tightened sl so only a small loss.



Good day so far

Dratts, to tight on USDCAD's SL, sub 1 pip got it, arrgggghhhh!! I'd of gotten 80+ pips if not for that slight error


USDJPY let, 70 behind aswell, SO CLOSE to a major up day LOL


Getting there

Interestingly as profits come easier, posting on FF and putting up with Newbies which know the way LOL becomes less and less interesting.

Explains why there are no profitable people on this site.


Or maybe the challange is going and the realisation even if I add some more money it's going to be AGES before I can take a wage and replace my current income

Sadly they don't drop around a few mil and say you've made it well done, you've got to keep going and going

Break even on the week, barely time to trade was up nice Monday but took a big risk on EJ heading higher late last night and got SL's


always next week!!

No time at all this week and too much news creating direction changes for me.

I taught a mate how to trade this and instantly making profits up 200pips with zero losers so far.



Wishes I'd of created this plan some time ago LOL

Having fun talking to yourself?

scfx

This is the first post in this thread and the only post in this thread that I will read. A trader should keep an open mind or he/she cannot keep pace with a changing environment.

If you can read an 15M chart then you can read a 1H or 4H chart. Have you looked at a weekly or monthly lately?

Sorry, but I don't believe "turveyd" will survive with a "closed" mind.

Just my opinion.

No the issue is, what I think is reasonible to trade ie move starts at 9:30am gmt then ends 1:30pm when US News comes out is readable and has enough info on M15 to trade that, anything slower than that and there isn't enough info to trade it pure and simple.

Not into the multiple day hold racket and the edge becomes near and nearer the 50/50 as the TF goes up, M15 seems to be the sweet spot.