Please take a look at the attached image; it is todays 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 ver 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 a profit oof 120 pips per day, 600 pips 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 trader in this forum.
Files:
dec14eurusd.gif
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- Yesterday +140. December 1000+
- Searching for indicator just like searching for Holy Grail
- Excellent strategy - need a programmer to make this EA
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