5min Trading / EURUSD / From LO

short... at 13151 and looking for approx 30pips...

T1 short 13122 also 200% last range short.... and good low... might not get there daily open is in the way..

still holding short... but thinking... it had better start heading down. Could be a trap... and spike long..or just go long big time.

still short... T1 = 13122...


looking to exit at 13127

Exit plus 17 pips... did not like Price action..stalled to long.

price target 13122... low 13130
so this could be the low... long alert

dont you just love the price action... long break followed by a short break... now what?

me I am thinking long... but hay I am wrong most of the time thats why i have a trading system... its not as wrong as me..!

low 13124... same old story... hang on...
17 is better than zero... so i will not complain... same old story... easy to get in a trade... hard to exit.

So will 13124 hold?
Will the market go long from here?

if 13124 is the low... price targets long..
Me I like T2...

http://i982.photobucket.com/albums/a.../13124long.jpg

OK... price action seems to like this level... still hunting 13122.... low now 13123. Good to see my spread sheet working... puts a smile on my face...

long 13126... very short stop....

exit 13136... +10

so thats 27pips tonight trading down.cheers

trade done...lol... cheers

Ok... hi all.

if you want to ask questions feel free... this whole post thing is just to amuse me... trading is sooo boring!

Shit questions I will laugh and ignore... half shit questions I will grunt and give a grunt answer... good questions I will give a good honest answer.

NFP tonight... not expecting much... I am thinking I will enter the trade closer to the target number... same system but 1min chart. Thats one thing I like about my system. any time frame... long term i am planning to use this entry in to 1hr and 4hr trades with new trends.

more to add to this later. But the trading lark is realy nothing but a huge amount of learning that never seems to stop. I master this short term entry and its just a tool for the real coin... risk reward... small stop large time frame... and I feel very close to mastering the 5min... maybe another 8-12 months... just a bit of disiplain left to sort... and profit take... you will notice I take profit early... coutiue later...

target prices for tonight before I have a look at yesterday.

starting from high at 13161 T1=13121, T2=13081, T3=13040

Anyone worked out the spread sheet?
If you have...PM me.. please dont post it... I want people to earn the code.

Once you work it out you will laugh... its simple.

sorry no yesterday... need to concentrate on today... but ask me about the low.... its takes 3 numbers and an average... on the number...spot on. shame I was asleep. and the high taken out...

13141 double bottome taken out by 3 pips... will it run or reverse?

100% last range short= 13139
target 1 = 13121

avg 13130

low 13137 for now

whats that mean... the low makes sense... I see areason for the low.... major double low... low also broken.

heaps of traders are short major level... NFT... wet rag trading... so my pick up and sideways

NFP... ...!

long 13144

OK... new low... not good for my long trade... so what do i do..

go to 1min... currently divergance 1min long... tells me to hang on.

When 1min look munted as welll time to look for exit... remember wait for a 5pip retracment to exit... always does and we think it hope... no its a good exit