Hugh, I will try this to ascertain what results the 5 min charts get vs. the one minute, but I have a question. When we are determining a Trend, do we look at the 100 SMA or the 10 SMA on the various charts? Or both? There are times when the 100 SMA and the ten SMA on the same chart contradict each other. There are times when it is extremely easy to recognize a trend and other times questionable. Maybe, if you have the time, you could explain this in more detail. Thanks,
66trader66
Generally speaking if the 10 is moving away from the 100 then that's a trend. If it is zigzagging from one side to the other then leave it alone. Remember it is valid to trade other pairs if eurusd is ranging. Also the price does tend to bounce from the 100 ma after it has broken through, maybe a lot of traders watch it and use it as a s/r level?
See you in two weeks.