This system is the most reliable I've ever used.

M5/15 RSI 50/50 Test Journal

GbpUsd M15 Entered on 3brp in the same direction as the main trend. One-to-one trade with 12 pips s/l.

M5/15 RSI 50/50 Test Journal

Well, I'm not consistently profitable yet. But I have decided to stick with this system until I am.

M5/15 RSI 50/50 Test Journal

Yes. For a couple of years now. Bought a few commercial systems with mediocre success. Now I'm just trying to keep it as simple as possible.

M5/15 RSI 50/50 Test Journal

Thanks, Inthebox. Since I'm trading the New York session I'll take note of the high/low of the London, Asian and yesterday's New York. Any other levels that you watch?

M5/15 RSI 50/50 Test Journal

The Usd pairs seem to have hit resistance and are just twitching back and forth a few pips. I can't seem to get in anywhere on the M15 and M5 charts. I guess all I can do it wait...

M5/15 RSI 50/50 Test Journal

Thank you for your explanation. So to summarize: The main trend is determined in H1 by the slope of the 50 SMA Start counting the waves on M15 chart from when the 34 SMA crosses the 50 horizontal line Then only enter trades on wave #1 or wave #2 on ...

M5/15 RSI 50/50 Test Journal

I don't have the confidence to re-enter after the initial big move. I'm still uncertain as to how to count the waves and on which timeframe.

M5/15 RSI 50/50 Test Journal

And the lower wicks look long. Thanks!

M5/15 RSI 50/50 Test Journal

I'm thinking of going short with the 3-candle reversal if it sets up. The main trend agrees. What do you think?

M5/15 RSI 50/50 Test Journal

First trade of the day: GbpUsd M15 three candle reversal. It behaved well.

M5/15 RSI 50/50 Test Journal

Well, I'm outta here. It's 10am EST and something fundamental must have just happened. Now the candles are too long for me to trade. BTW- My UsdJpy M15 entry would have gone at least 2:1 without hitting my S/L. Ain't that the way it goes...

M5/15 RSI 50/50 Test Journal

I thought that this was a clean entry but it went against me for a full loss. As you said, it was the third wave and that is taking a chance..

M5/15 RSI 50/50 Test Journal

I think that AudUsd is also fighting at support. I entered on a 2a Retracement in line with the main trend...

M5/15 RSI 50/50 Test Journal

UsdJpy M15: Breakeven 2a Retracement in same direction as main trend. Price below Daily Open and Pivot. Bearish hidden divergence on current chart. Just missed my 8 pip 1:1 target by a hair...

M5/15 RSI 50/50 Test Journal

Again, very nicely done. This trade really shows off your experience! So you took this trade because: There was a 3-bar reversal pattern The RSI closed below the 13 sma. And you took this trade despite: Price was at the bottom of the H1 channel ...

M5/15 RSI 50/50 Test Journal

Very nicely done!

M5/15 RSI 50/50 Test Journal

How likely do you think it is that price will make it to the top of the channel? And when do you think this might happen? Next London session?

M5/15 RSI 50/50 Test Journal

Yes. I trade the NY am session. It's been my understanding that the most profitable - and safest - times to trade are the first two hours of the London and the New York sessions. Since London is in the middle of the night for me I start trading the ...

M5/15 RSI 50/50 Test Journal

It is 9:25am. What's your time?

M5/15 RSI 50/50 Test Journal