Trading is as simple as ABCD

Ok here's all the indys I use at the moment I use the MA in colour as my 5 min 100lwma so set it to 500 for the 1 min chart and use 100 for the MA slope alerts indy as this one gives you alerts to trade from.

reach maximium uploads so will do one more post with last couple of indys..

If I change any I'll let you know, good luck...

Ok last couple of indys here...

Thats about it I think any questions fire away I'm about for a bit tonight ..

Quick question what are the vertical lines representing? Red, yellow green etc.

Hate to bug you. Which one of the those indicators is for the pip information in the bottom right corner of the screen?

They are the Yellow FO, green LO and red NYO not sure if you're have to set them to your platform time yourself

That would be the pipsometer 5 decimal

Thats a disappointing start left a EURNZD trade on last night before I went to bed a post news trade but forgot to turn my trade management EA on so even though it went 16 pips up it didn't go to BE so woke up to a 2o pip loser. Bit disappionting as it should of been BE . There you go don't trade when you're tired.

As for this morning well not much news to worry about apart from EUR at )900hrs and USD at 1500hrs.

EURAUD and GBPAUD came back a bit from their rush up the page yesterday so my top 4 look like this...



Lets see how it all pans out this morning but suppose to be going to work early today so might have to shoot just after LO...

And we're off and running..

Before yesterday I might not have taken this trade thinking its gone too far already but today I did because its last push down clearly took out the previous so a sign the trend is continuing so took next pullback...

Now its clearly pushed lower again so should I hold ??? Or as its been going down quite a while already shall I just keep grabbing each push???

Took 15 pips out of that little push as its already moved quite a bit so thinking scalp the end of the move, if it had been just after the slope change then hold....

But nice strong push down so a pull back to last low could be a nice place to enter???

Made me sweat a bit but I think we're away now... but at BE so ok to do whatever it wants now...

Took another 14 pips out of that run but it only just pushed past the last drive, are we seeing the trend faltering??? Not sure so left a pending sell stop below last drive as a breakout entry but not confident its going to continue if I see any more failed drives will move it out of the way...

And off we go again, amazing it just keeps going...

Trailed my stop on that one for another 13 odd pips as just find it hard to believe its going to keep going down??? To be honest my old trader head of yesterday was telling me not to take the first trade never mind the last two, but dear old Tom Longs words were ringing in my head, "trade the trend until it ends"

Yep good advice Tom but Jesus is it hard to do or what????

Another very strong push down, this is still screaming SELL so lets look for another pullback to here somewhere...

But surely it can't keep going can it????

Well I think our down trend could be coming to an end as last LH taken out and MA turning green so could be time to buy first HL??? But memories of yesterdays cock up when I got involved too soon come to mind but this is looking very claer and worth a quick go if I get my signal...

Or should I wait for it to go above the 5 min MA???

Just look at this market structure??? You can't not buy that next turn up??? Its got to be a DB or HL but come on its got to be worth maybe 10 pips to find out...

Could be worth a few if we're right...

EUR news in 5 minutes but that shouldn't effect GBPAUD too much ...

Got in but for how long I don't know as its a bit jumpy after the news but at BE again so risk off the table now its got 2 chances ...

Hmmm thought it might do that, that was as good as it gets with reversal setups , a very clear AB move in the opposite direction taking out the last LH in the down trend quickly followed by a HL and all very smooth purposeful price action.

Also a very low risk entry with a 10 pip stop and now we have hopefully caught todays low on GBPAUD??? Who knows but as I've caught this early I'm going to hold this entry until MA turns back to red...

Could just bomb straight down from here of course but with all my risk off the table thats fine with me....