I’m currently trading GBP/USD off the 5min intraday and will be posting trades here when I can. It’s a simple price action based approach hinging on the London and New York open. My job demands sitting at a PC most of the day, so i’m usually able to monitor trades closely. I refer to higher TFs but I don’t factor the information into this approach, as it simply follows the intraday flow with no trades held overnight. I tried taking higher TF info into consideration but it created more frustration and worse results. I’m usually flat by 6pm (UK).
Jan 2008 –Jan 2009 I traded a personal fund full-time after several years of ‘preparation’ – it was a terrible year, on all fronts. I’m now more battle hardened with better discipline and other failings in check. Not an uncommon experience within a trading journey, I know.
Today has seen a short from the London open setup and 2 long trades from the NY open, the last one exiting at the Frankfurt resistance (5475). From tomorrow I will post charts of each setup as they appear, whenever possible.
Thanks for reading and good trading.
Jan 2008 –Jan 2009 I traded a personal fund full-time after several years of ‘preparation’ – it was a terrible year, on all fronts. I’m now more battle hardened with better discipline and other failings in check. Not an uncommon experience within a trading journey, I know.
Today has seen a short from the London open setup and 2 long trades from the NY open, the last one exiting at the Frankfurt resistance (5475). From tomorrow I will post charts of each setup as they appear, whenever possible.
Thanks for reading and good trading.
