[wasp]

This thread is going to be for notes on trading GBP/JPY intraday off as small as 5 minute charts. It may turn out to be nothing in which case I will delete it but for the time being, I shall be viewing, recording and noting my style on a smaller timeframe and seeing if it warrants further investigation. It may turn out to just be useful in pinpointing longer term moves.

Comments, thoughts, musing and input welcome.

[firewalker]

Originally Posted by wasp »

This thread is going to be for notes on trading GBP/JPY intraday off as small as 5 minute charts. It may turn out to be nothing in which case I will delete it but for the time being, I shall be viewing, recording and noting my style on a smaller timeframe and seeing if it warrants further investigation. It may turn out to just be useful in pinpointing longer term moves.

Comments, thoughts, musing and input welcome.

You going after the 5 minute chart?

Never thought I'd believe my eyes! Will be paying attention closely

[wasp]

TBH ATM it's not looking good. There are occasional days here and there, even the odd week but for an overall R:R and ROI, swinging looks still the best option on a whole.

Not stopped yet but I think it's going to be more for improved entries.

[firewalker]

Originally Posted by wasp »

TBH ATM it's not looking good. There are occasional days here and there, even the odd week but for an overall R:R and ROI, swinging looks still the best option on a whole.

Not stopped yet but I think it's going to be more for improved entries.

Whilst you are going for the 5 minutes, I'm going for the 5 second chart believe it or not (yes I'm serious for a change... and I'm going to nail those entries!)

[wasp]

Originally Posted by firewalker »

Whilst you are going for the 5 minutes, I'm going for the 5 second chart believe it or not (yes I'm serious for a change... and I'm going to nail those entries!)

...on GBP/JPY???

[firewalker]

Originally Posted by wasp »

...on GBP/JPY???

no, no, that would have little purpose!
e-minis...

[wasp]

Knocking this on the head and if no objections, I will remove the thread at the weekend.

TBH, as expected, as soon as I put it into practise, I missed a good move then exited a good one 50% early thanks to the smaller TF analysis.

EOD, I have a bleedin' good method and 1 week of madness should not make me change that so back to the original plan, accept the crap and carry on regardless........

[firewalker]

Originally Posted by wasp »

Knocking this on the head and if no objections, I will remove the thread at the weekend.

TBH, as expected, as soon as I put it into practise, I missed a good move then exited a good one 50% early thanks to the smaller TF analysis.

EOD, I have a bleedin' good method and 1 week of madness should not make me change that so back to the original plan, accept the crap and carry on regardless........

No one says it's illegal to enter on the smaller TF and exit on the larger...

But no problem if you want to delete the thread.