Persevere — Messy Price Action. Looking @ PA, you're 3 s/l's were then followed up by 3 nice long setups. So had you continued, you would be sitting with + net pips for your troubles. Taking it on the chin 3 times in a row sucks. Especially ...

Make Money Everyday - A Guide to Short-Term Trading

116! — Look look look... 116! (A day 1/2 later... )

Make Money Everyday - A Guide to Short-Term Trading

Good job. Start with what you are comfortable with... as that grows, so should confidence, and hopefully account balance. Thanks for sharing. Mongolian

Make Money Everyday - A Guide to Short-Term Trading

I applaud you and your patience. That is a tough behavior to master when trading! Mongolian

Make Money Everyday - A Guide to Short-Term Trading

What's the problem?

Make Money Everyday - A Guide to Short-Term Trading

Thanks — I don't disagree and I don't agree. Yes obviously a lower price would be ideal. I see what his thinking was though as PA did break above that level and then came down to it @ 14075(ish) - usually, that's going to be a nice place to ...

Make Money Everyday - A Guide to Short-Term Trading

Focus — It's certainly hard trying to trade under less than ideal circumstances. Seeing the trend versus seeing PA that is rangebound helps one's profitability immensely. PA on that second chart basically was stuck between those 2 levels. The ...

Make Money Everyday - A Guide to Short-Term Trading

Nicely done.

Make Money Everyday - A Guide to Short-Term Trading

EUR/JPY Chart — Ahh my friend the EUR/JPY... Nice entry point.... looks like PA isn't cooperating though?! Can you see why? It looks like you are trading straight .25 levels and that's cool, just wanted to put this up to illustrate what ...

Make Money Everyday - A Guide to Short-Term Trading

I trade asian session some of the time. I always check it, however being in USA and with small children, it's also right during the time to get them to bed.... so unless things are really cooking, i don't do a whole lot during that session. Mongolian ...

Make Money Everyday - A Guide to Short-Term Trading

Thanks for the encouragement. Appreciate you dropping by. Mongolian

Make Money Everyday - A Guide to Short-Term Trading

Thanks for joining us. Yes that is an excellent thread (CHOROS). Appreciate the kind words. Mongolian

Make Money Everyday - A Guide to Short-Term Trading

One Hour Chart — I have not traded the 1H - but yes it can be done. I did put some stuff on the charts - I did it quickly, so I may have missed some - just wanted to mark what I say and get it up here so you could see what I'm talking about. ...

Make Money Everyday - A Guide to Short-Term Trading

6 pip lines — I know that this has been brought up before and I hesitated to included them because I just did not want to make things too cluttered. IF you feel like you can use these without much of a big distraction, they can come in handy. ...

Make Money Everyday - A Guide to Short-Term Trading

Of course that's why we're here. If we want to debate the minutia of the exact details why someone trades, I suppose we could. I would assume that yes, ultimately a trader would expect to desire to be on the Plus side for his efforts. I don't think ...

anyone here make 20 pips a day...

Nicely put. I stole this myself from someone - maybe here on FF, I can't remember, but they said..."Risk can be predetermined, Reward is unpredictable". You can always go into a trade knowing what it may end up costing you, you never know what you ...

anyone here make 20 pips a day...

I try

Make Money Everyday - A Guide to Short-Term Trading

Absolutely it can be done on a higher time frame. You may not have a need for the 12 pip lines - It may be too difficult to trade that - but you certainly can use it between the .25, .50, .75 and the .00. What you wont' find here are a hard set of ...

Make Money Everyday - A Guide to Short-Term Trading

Short Term Trading — You have gotten some very good input here so far. Can it be done profitably? Certainly. Does it require some serious work to get to that point? Absolutely, as it does for really any time frame. 2 things that I had to ...

Are they any successful day trader 5min chart?

Lines — The lines color is purely random. I just happened to pick red and white. The colors don't signify anything necessarily. Looking at your second post - Yes I use ticks instead of time bars. I feel like it is a better representation of ...

Make Money Everyday - A Guide to Short-Term Trading