5min Trading / EURUSD / From LO

have a look at the 1hr chart... double top at 13171

lining up nice.... for a short

and to add 200% of the last range long 13169 and traget price 2...13171 hmmm I like it when a plan comes togeather!

double top 13171

so 13170 might be the go.

13164... ok 7 pips short from 13171... short alert

what a bitch... computer locked up... I use two... one to trade and one to post and surf the net.

any way got short at 13137

watching 13123 as a low...

http://i982.photobucket.com/albums/a...keman2/mn3.jpg

high 13164... traget 1 13123 target 2 13082

current low 13121... will i get a reverse signal... unfortunitly life is not perfect... sometimes there is some sideways shit...

i try and filter it but it cant be helped .

There is no system for both sideways and trending markets...

if this runs I will look for 13095...as there is a good resistance point on the 1hr chart.

also todays range is only 60pips.... hard slog

might get a signal long!

trend is long.... so i will take profit quickly...

I do like the reversal... in to the high fast and out fast.. i likethat

13121 low holding... no long signal.... this is were the macd... filters the signals.
still holding short...

looking for a low from high 13164... target 1 = 13123... dam looks like the it might be the low... I am hoping for target 2 at 13082.

looking at short ranges... 13164 - 13121 from high 13143 = 100% at 13099..lines up with my profit take at 13095.

I dont like the price action... good trades dont piss around... they get going !!!!

so I am on tender hooks here...still short

everyone is waiting for the news in a few hours... crap trading at the moment. Common sense says... take small profit and wait until tomorrow. Usually a big range day after a shit day.

still short..... getting bored.!

for interest sake...

take the low 13121 and my 1st taget long is.... 13151.

What wasa the retarcment high? 13148... close enough. If i was not short this wouldhave been a good entry... enven a chance to add.

http://i982.photobucket.com/albums/a...keman2/mn4.jpg

short targets from 13148... 1..13111 and 13074

http://i982.photobucket.com/albums/a...keman2/mn5.jpg

so i have 13074 and 13082 from the previous highs...

100% last short range = 13104 and 1st target 13111 avg 13108 might be a possible low... other wise 74-82 / 2 =13078.

traget 1 13111 current low daily open at 13115... keep going price...

I have exited... if i wake later I might see if there is a trade...

+18

later

just to add what a shit day...60pip range..!

Friday night... not the best trading night as a rule.

First off I will post my chart from yesterday and a few trades which I missed becasue I have to sleep for work. But you will see how nice it works.

before I went to bed you will see I was looking for a low of 13074.. target 2.
the low came in at 13069... ok 5pips out...

Using my target prices... long from 13069... I would have been looking for target 1... 13111 (no trade) and then traget 2... 13154... top came in at 13151... ok I was 3 pips out...

Next a short would have been taken from 13151 high once a signal was there and short ... traget price 1.....13113 ... low was 13116... again out by 3pips.

Then long from 13116... target 1 .... 13145... high was 13138... 7 pips out... my margin for error is 10pips for a signal alert.
Sorry cant see the high at 13138... but if your interested you will look at your own chart.

So over all system working well... shame about the sleep thing!


http://i982.photobucket.com/albums/a...n2/mnthur1.jpg


http://i982.photobucket.com/albums/a...hursdamn10.jpg

Ok... I like to look for a low or a high after LO.... but some times i miss a good reversal.

So High before LO is 13163... T1 .. (traget1) 13163... T2 ...13082.