Originally ASCTrend indicators were designed for D1 and W1 timeframes.

These indicators are taking the signals later but it is ok for D1 for example. And you may have many re-enter points (enter once again). because the trand is already established some time ago and we are taking just some pips from the big trend. "Some pips" for D1 timeframe may be 100 pips. Because of D1 for example.

M15 is difficult timeframe. Because, anyway you are taking the main price direction (uptrend or downtrend) from some indicator/chart (or more higher timeframe which is the same) and playing this game within this direction having some pips.

So generally it is the following:
just imagin that you are trading H4. Right? You want to place sell on GBPUSD on H4. Right? So you did it. And instead of waiting for some profit/loss you may switch your chart to M15 timeframe to open other orders within your main direction.
In case of M15 timeframe we are not openning H4 order. We are just switching to M15.

So the main rules to trade for M15 or less:
- direction taken from some indicator (or more higher timeframe). General direction of the trend. Usually it should be some indicator - RSIFilter or I-XO or others.
- if we know this direction so we may play our M15 game within this "frameworks".

As I know it was downtrend on GBPUSD the whole day. The same with EURUSD. Uptrend on USDCHF and USDJPY.

See image.
Today for EURUSD you may have:
124 pips (main order) + 103 pips (re-enter) + 84 pips (re-enter).
It is 311 pips just from one chart.

Attached Images

eurusd_m15.gif (25.6 KB, 1053 views)