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  #1 (permalink)  
Old 12-15-2006, 12:30 AM
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galvestonforex is on a distinguished road
Smile Dec 14 EUR/USD 5 minute Charting

Please take a look at the attached image; it is today's 5 minute chart for the EUR/USD. We have plotted in trend lines and supports and resistances, using the smaller timeframe we are able to enter new or developing trends in a timely manner with very little downside risk. Our goal is to average 15+ pips on each currency pair we trade, if we can successfully trade 8 pairs on any given day we can expect 120+ pips per day, 600 per week, 2400 per month.

Take the time to explore the 5 minute timeframe, send or post any insights that you may have. 15 pips a day should be no problem for a group of intelligent traders in this forum.
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Old 12-15-2006, 05:38 AM
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zapco is on a distinguished road
Anythings is possible at 5min tf . Do you have the indi ? cheeers
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Old 12-20-2006, 06:21 AM
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galvestonforex is on a distinguished road
Thumbs up Yesterday +140. December 1000+

I've been using basic trend lines and support and resistance for the month of December, I have a few simple rules and my trades have done very well, check out this chart for a basic idea. Since December 1, I have made 1000+ demo pips with this strategy. Please post or email me any comments or ideas. Thanks for checking out my post, have a good one.
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Old 12-20-2006, 08:16 AM
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December was a good month overall. Lots of long trends.


Good Luck
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Old 12-20-2006, 09:43 AM
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trevman is on a distinguished road
galvestone, you get yourself around don't you. so far i've seen you on 3 other forums this morning all with around 2 posts. your trades are good without a doubt but is it really necessary to post this much.
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Old 12-20-2006, 10:46 AM
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nice job

good job nice trades

Last edited by LarsDelGars; 12-20-2006 at 05:25 PM.
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Old 12-20-2006, 12:33 PM
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Thanks for sharing your charts with us galvestonforex,

I noticed your post on another forum and the great enthusiastic response you got. There was a time you would have got the same on TSD.

Post as much as you want mate and don’t be put off by the keyboard warriors.

Mart
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Old 12-20-2006, 01:20 PM
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Hi.

I agree with Mart. Why are people picking on somone just for posting his trades?

Thank you for sharing galvestonforex. Keep up the good work.

Arctic4x
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Old 12-20-2006, 01:38 PM
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could you explain it in detail how you draw your trendlines? how are your results today in a very sidetrend day?

Last edited by cami; 12-20-2006 at 01:44 PM.
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Old 12-21-2006, 06:10 AM
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Smile i will post my strategy tonight, thanks for the interest.

i will post my strategy tonight, thanks for the interest.
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