Thanks, yes, I've got it pretty much under control, it's only when I encounter something new that I think will help my trading, I get over-excited and try it this way and that way, cool calm and collected this morning, took a short from Asian High ...

Forex intraday using the 5min chart: EURUSD

| probably won't post much for a while, the Asian levels extensions for the previous days seem very effective, but how exactly to use them to good effect is what I need to work out next, and there's another couple of things i need to work on, one of ...

Forex intraday using the 5min chart: EURUSD

More improvements including STConfig.txt in MT4 files folder Asian_Historical_Days=10 Asian_Start_Hour=1 Asian_End_Hour=10 No_Of_Asian_Extensions=6 No_Of_Days_To_Extend_Levels=3 file

Forex intraday using the 5min chart: EURUSD

Latest Version. file

Forex intraday using the 5min chart: EURUSD

I previously mentioned about trading with regards to the News announcements, it was tradeable today, first it goes in the direction it's going, then it retraces then off it goes again, that's the basics, but it's just a case of observing it live ...

Forex intraday using the 5min chart: EURUSD

Added past 3 days Asian levels extended to first candles. image file

Forex intraday using the 5min chart: EURUSD

Current thoughts to sticking to the 5min - No There's so much benefit to using multiple timeframes, just need to make sure I don't go down the rabbit holes they offer.

Forex intraday using the 5min chart: EURUSD

As it happened, cracking example on EU15, if that appeared coming into the NY session, you have a very high probability trade, as it is, who know by morning.... image

Forex intraday using the 5min chart: EURUSD

Here's one of the thoughts behind the levels.... If we strip it all down, as in, you get up in the morning (London Open) start with a clean chart, what's the first 2 lines your going to put on it 90%+ of the time? It's going to be the AH and AL, so ...

Forex intraday using the 5min chart: EURUSD

No need, I expect to get something that will benefit my trading from this thread as much as you do. Collaboration.

Forex intraday using the 5min chart: EURUSD

Put these in your MT4 Indicators folder file file file file file Put this in the experts folder. file

Forex intraday using the 5min chart: EURUSD

Thanks, this should help you with your 'backtesting', I like to think of it more as historical forward testing, if you get what I mean. Basic Instruction to the testing environment. RUN BSL expert advisor have a plain chart template ready to load ...

Forex intraday using the 5min chart: EURUSD

Change this code at the beginning of the file STAsianF for Asian Hours int asian_end_hour=10; int asian_start_hour=1; Then recompile;

Forex intraday using the 5min chart: EURUSD

Rewritten levels indicator for history

Forex intraday using the 5min chart: EURUSD

I think those images show how significant the Asian Levels and their extensions are

Forex intraday using the 5min chart: EURUSD

Well yes, exactly, you make a good point, Keep It Simple

Forex intraday using the 5min chart: EURUSD

This was a good little setup to go short from AH, head and shoulders break. I said in earlier posts, this is a classic pattern to look out for, it's the classic market maker pattern, that is unambiguous in itself but the chart especially at the edge ...

Forex intraday using the 5min chart: EURUSD

That's one of the aims of the thread..... but of course it can never be totally unambiguous because there will always be interpretation, but to which extent.... I think what we can have is some kind of framework, that will evolve.

Forex intraday using the 5min chart: EURUSD

My advice is always just concentrate on one pair, EU, but it will apply to all pairs, if one pair moves they all tend to move, if you're getting more pips then you're probably using a bigger SL, swings and roundabouts, but I always stick to EU.

Forex intraday using the 5min chart: EURUSD

Then long off the low, triangle shape for entry, notice how most of the price action is above the Asian Pivot, always look at crossing that. But first General Rule No consistent price action, price is bouncing up and down in small range at LO, we ...

Forex intraday using the 5min chart: EURUSD