Thomas Journal

[thmueller]

Understand (or maybe I think I understand).
But the last trade has nice stepping levels on M1 before I opened the trade. Is M1 the wrong timeframe for that?
What about the session open times? Mostly we have a tight range before an then taking the breakout there are also not so many stepping levels. Or am I on the totally wrong way here?

[thmueller]

Hi,
first trade of the day.

2016-03-15_0818.png

Breakout was nice and within seconds some good pips. Had trailing 3 pips on, so i got out to soon.

[thmueller]

Hi,

today i played a little bit with my trademanager to test it live.

First i got caught on the wrong side (but M5 gator was open and i can't see any mistake there) and had to pay the first rent of the day.
Then i waited for a new level and got into a nice trade. Unfortunately i tested green line trailing instead red line trailing, so i was kicked out of the trade way to early (but for testing i'm very happy with it).

2016-03-22_0854.png

[immy]

It was perfect day to trade GU on m5. I personally don't like trading currencies on m1, the spread takes away a big chunk off the wave. A simpler strategy is to look at H1 chart, and when you see a pair (out of 4) that has a strong move, open gator, drop to m5 and trade Setup1, Setup 2 or if you know Fruit, apply The Apple .

cheers