So... first General Rule - it's 'spikey' price action so ranging, short off Asian High to Low.

Forex intraday using the 5min chart: EURUSD

Well yes basically, so looking at today's chart in review, how should we have applied our rules. General Rule First and Foremost. The price action is spikey, big wicks, that isn't going to go anywhere end of..... but it always could.... That rule ...

Forex intraday using the 5min chart: EURUSD

Of course, I'm sorry it's all a bit of a mess, but it works... If there's a problem in getting them working let me know, if you want mods it goes on the to do list

Forex intraday using the 5min chart: EURUSD

As in first post, EURUSD 5M, stick to it, that is my main focus, and anything that is not in my main focus I won't be distracted by, by all means you focus on the 15M if that's what's best for you, but I can't comment.

Forex intraday using the 5min chart: EURUSD

If it works for you, my motto is always, is it really needed, will it really help? Forgot an include file, not mine, I came across it on the net.

Forex intraday using the 5min chart: EURUSD

Some psychology stuff.... Compensating for bias, breakouts are more memorable than ranges. Accept that 9 times out of 10 the trade you wanted to enter, the price will come back for you, it's just because you've seen the excitement of that fast ...

Forex intraday using the 5min chart: EURUSD

The current rule I'm working on is with the news, I believe the major US news announcements have a bearing on the price action, it's something like, it's more likely to range until the time of the announcement. The other one is, after a News ...

Forex intraday using the 5min chart: EURUSD

Ok, the indicators, here's the code, you can then make your own changes if you like, I can't do programming and trading, too much of a distraction. I think that's it, BSL.mq4 is the EA to go in experts folder then the other mg4 in indciators then ...

Forex intraday using the 5min chart: EURUSD

I know For a small range, the Asian High and Low is green, for a medium range, it's yellow, for a large range it's brown,for a full move it'll be red. So then we base the rules around that, green usually means there will be a breakout ...

Forex intraday using the 5min chart: EURUSD

I'll put it on to do list

Forex intraday using the 5min chart: EURUSD

Asian pivot holding, going long. image

Forex intraday using the 5min chart: EURUSD

Actually, that breaks my rule - If it's holding above the Asian Pivot, look to go long and vice versa.

Forex intraday using the 5min chart: EURUSD

image I'm looking to go short off around the Asian High, it's Monday, no news, unlikely to make a 'move' so looking at a ranging market.

Forex intraday using the 5min chart: EURUSD

NEVER GIVE UP video

When Should You Give Up On Trading?

I was thinking more in terms of, if you wanted a mortgage, you would go to the bank, and the bank gave you the money.

Does anyone still believe that Forex is a zero sum game?

Yes Took 100% time off for a few days, fully recharged now, looking forward to my first year as a profitable trader earning a living from this ...

Forex intraday using the 5min chart: EURUSD

So if you go to the bank for a loan, that means someone else has lent them the money to lend to you?

Does anyone still believe that Forex is a zero sum game?

The purple line is half way between the top of the Asian High and Low, then the yellow lines above and below them are simply the same distance in steps as the distance between the high and low, then you have the last 4hr high and low in light blue, ...

Forex intraday using the 5min chart: EURUSD

Stick to EU to learn, before venturing to other pairs. I will post some live, but you can load the indicator and run on strategy tester, it's a great excersise to do. I attach the latest version. file .

Forex intraday using the 5min chart: EURUSD

My trading improved tremendously when I finally let go of the illusion that you can use it to predict any movement, it doesn't, it just shows you what's happening at that moment in time, just as the actual price action does.

(binned per thread starter's request) Volume in Forex