Cooder
You don’t seem to understand why traders choose to trade M5 / M1 or Tick charts on Forex.
You need to understand why we trade at London session on the shorter time frames. I am not saying your’e not a excellent trader with proven results, what I am saying is there is a Bus journey on many nights of the week with the London or New York bankers sitting at the steering wheel. So those 20 odds and a few other smart traders ( don’t call me smart however ) just jump on board and take a ride. At every bus when the bus pulls over, we take another trade.
We get to our destination with a basket of 3 - 4 trades with a total pip count of over 150 pips, like I achieved on Monday and Tuesday nights.
All those pips in 3 hours work. If I was allowed, I could show you an example from a Afician trader who managed to achieve a 550 pips win in six hours on GBPNZD with 6 trades in his basket.
We are just waiting for that great bus ride and lose just a few pips while we were waiting.
Check out a few trending charts frim Monday to see the money falling from the trees on M5
