Raverstyletim:

Yep, there it is alright ... at 7:43 on mine ... these 1 min eur/jpy are pretty useful

I just can't get into a rhythm to stay focused after a certain amount of time

See what I mean ...??? I missed it at 7:06 on EURJPY -- rats!

Nice clear up move for 18 PIPS !!

RATS.

Sorry - that would be 8:06 EST pm

Raverstyletim:

I like your idea of putting MT4 in two folders ... just pop up the 2nd one for the "CLOSE UP" of the price action, etc.

Very good !

yeah. and guess what? it went with the trend back down at 8:15

Rav:

Yep, and I usually don't try those countermoves ... although they are very tempting.

For now I am just waiting for the yellow line to be crossed, confirming a dependable direction.

But you're right: there was another 10-11 pips on that drop

bounced right off the yellow line and headed back up ....

Rav,
Are you using the 1M exclusively? I am only using 5M and 15M currently, but the last few days, I have made good pips, only to give some of them back to what I thought was a retrace, but ended up being a major up move in ej. Though it finally did turn down, but being gmt+10, I was asleep when it happened.

I might start to look at the 1M a bit more and just set tp to 5-10 pips. What stops do you set?

Regards,
K.

well, i'm a computer nerd so i sit in front of all my trades. my stops are typically when the price crosses back over the yellow line. no real technical there. i also go with 'you never go broke taking profit' which why i like the
1m. especially on the e/j it lets you in/out very quick.
As for timeframes, i switch between 5m and 1m definetly. i prefer 1m though, but if i see it happening on the 5m i sure as hell switch to 1m to scope out the situation.

everyone agree with the yellow and blue being so close that between the red lines are no trade zone?

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