Hello everyone

I have been looking at this manner of investing for a while and it seems promissing on any timeframe. I started of about 5min then worked it up to 4H and it realy appears if this may be profitable. I'd like to know if anybody is trading this manner and if anybody has any ebooks about this.

This is how it works:

5min Trade:

This case we had a range station on the pund. At 7gmt we draw ower station or trend lines and wait for break.

@ 9:40 gmt we had a break Close beneath the support after wich the market had a bull candle. The Trigger line is the low of near of the candle the closed under the support the 9:40 candle in this instance

a Sell order was put at 1.9511 along with the 10:00 gmt candle triggered the brief entry with a SL in 1.9531. I had been looking at accepting 34 - 40 pips goal but if a new Trendline is taken out with a pullback and trigger, I might just close for the afternoon.



4 Hour trade:

That is a recent trade, we had a triangle and then a fracture. We wait for a pullback of more bull candles. We found 1 and put a sell on 1.9427 with a 50 pip SL notice it is 4Hour chart. A goal of 200 points is nicly met.

I'll be posting a 5min setup in the mornings as I get some time. I like the 5min setup better as there's a 40 pip exchange every day.

Maintain well
Jk