"Trading M5 can be boring on many nights because you can spend...

  1. 5,012 Posts.
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    "Trading M5 can be boring on many nights because you can spend hours watching the screen for little return... If you want the highest pip count per screen time, there is a clear winner. The Day Chart only requires 30 minutes a day and you can profit many hundreds of pips for doing NOTHING."

    Yes, I'm already bored with 5m FX trading. Being bad at FX, if something doesn't work quickly, I lose interest. If a system works, I'll keep going and keep posting on here. I'll go back to your post a few days ago about trading the daily, and experiment with that. Need some steady wins to stay interested. Speaking of bigger timeframes, the AN hourly H&S I posted two nights ago paid off, but only 40 pips so far. Notice the candle relationship to the EMA's: wicks crossing, red candles crossing, but fast blue EMA not crossing the slower black one, and the dotted EMA crossed:

    AUDNZD h&s 2.PNG
    Last edited by Martin Gifford: 06/07/18
 
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