I'm not seeing a trendline on EU H1 at all.....The H1 PA is a bit random at this stage
so I've spent some time spreadsheeting out some checklist forms which I must fill out before I place a trade. S.O. on euro/usd as moved to BE just before news so now twice as grumpy.....
....luckily I will be calmed down by tomorrow and practicing patience, discipline and singing while I work.....
and trading that randomness has made me grumpy....
Trading conditions are not easy during these times.....it always seems to be like this around the 1.30's. We just have to realise that we are stuck in a range and 100 pip moves are unlikely, so we need to grab what we can, when we can
like M1-M15 to trade the M15 choppiness?
Do you advise switching to a smaller, more "noisy" tf in this case?
Well I can't tell you what to do but M1 trading can work well, but it can also bite you hard because you can't take your eyes off the chart for a second. There hasn't been much on offer on M15 either.
Sometimes we have to recognise that mister market doesn't want to give us anything, and we have to accept that and give him some respect. If we put pressure on mister market to give us something, he can give us the smack down and make us wish we had been more patient!!!
Patience is the key to this business.....we won't be stuck here forever so...
im not RJ. keep in mind that not all strategies work all the time. there are 17 major high impacting news monthly. a personal gauge, if FOMC doesn't whipsaw then its a good indicator that NFP will not whipsaw, and so will the rest of the news til the 30th of the month. 2/17 of them will whipsaw.
but if NFP whipsaws, then only 2/17 will not whipsaw, hence you apply that "let the dust settle" especially on interest rate and speeches
last night i got a shorting price at 2299 in M5. nearest high was 2307,...
I used to "try" to trade m1-m5 before I found this gem of a thread, and I can see why people say it's career suicide especially for newbie traders... But it's just so frustrating to watch EU hug DR1
I've been thinking of trading the news (which I didn't do before) since it seems thats the only time the market moves, and so I am reading up on news trading with genesis, in particular Yelena's post. I don't understand something though, and I'm not sure who to turn to regarding that... :/
It's basically about her post earlier in this thread:...
I used to "try" to trade m1-m5 before I found this gem of a thread, and I can see why people say it's career suicide especially for newbie traders... But it's just so frustrating to watch EU hug DR1
I've been thinking of trading the news (which I didn't do before) since it seems thats the only time the market moves, and so I am reading up on news trading with genesis, in particular Yelena's post. I don't understand something though, and I'm not sure who to turn to regarding that... :/
It's basically about her post earlier in this thread:...
Well there's 2 schools of thought regarding news trading. One says "don't do it...stay out and trade after the 'dust settles'".......the other says "news it what moves the markets, it's the best time to trade."
I don't know which is best of the 2 methods. If the news is a decent event, like interest rates (for example), they have the potential to move the market for days, or to set or reverse trends. So it won't matter if you miss the first 5 minutes of the move.
Personally if I am already in a trade, and my trade has a SL in profit then...
it's just the concept I don't completely grip. As for Yelena/Minako, I've noticed that they're the same person, yeah 
That's rather cheap one. I know some providers which charges 200+ dollars per month. By the way, do you have any experience with auto-clicker? Does this work? An analyst after Henry recommended auto-clicker but I wasn't convinced at that time. Anyway, I also start to think that genesis is often useful in identifying the direction of the market right before the news releases.
