Have you ventured to the dark side yet?

[wannagetstacked]

Prices down 10 pips, forming overhead resistance, possible short now (based on 10 sec charts )

 

[wannagetstacked]

Prices very weak on the long side

 

[wannagetstacked]

Resistance broke, exiting shorts

 

[wannagetstacked]

Difficult trading, prices moving to fast.
Will observe only until things settle down

 

[wannagetstacked]

Trading trendline breaks today has been very profitable, Support and resistance isn't being too easy due to the speed in price movement.

 

[wannagetstacked]

Nice up trendline now, watch for the break, should give 5+ pips on the short side if it occurs

 

[wannagetstacked]

Sorry the trendline broke as I was writing that last post.
Prices fell 9 pips in a few seconds, very difficult to trade in these high velocity conditions

 

[wannagetstacked]

Chart update showing the high velocity price movements and trendline breaks

 

[wannagetstacked]

Tightening of trading range, triangle developing from 12.56pm

 

[wannagetstacked]

Trendline break trades still giving lots of 4+ pip opportunities

 

[wannagetstacked]

Next trendline break will be a long for me, based on trendline developing from 13.28

 

[wannagetstacked]

Chart update,
Trades at breaks circled in green

 

[wannagetstacked]

Long trade if 1.3095 breaks

 

[wannagetstacked]

Prices stalling at 1.3097, need 2 more pips before exit

 

[wannagetstacked]

Exit at 1.3099,
Looking for short trade on break of current 10 sec chart up trendline

 

[wannagetstacked]

Broke with entry short at 1.3097.
Exit at 1.3093

 

[wannagetstacked]

Stopped out at 1.3098
Loss of 2.5 net

 

[wannagetstacked]

Prices calming down. Reverting back to focusing on trades at support and resistance

 

[wannagetstacked]

Look for stalls in prices to signal the changes in direction, especially on moves like the one at 13.56, prices advanced very quickly, the stall 1.3122 gave a nice entry short for a few pips gain.
This is again using a 5 second chart

 

[wannagetstacked]

Sorry to anyone that was following this thread for the lack of posts recently, I will be posting some more sub minute trades based on price action at the end of january. I will also post some new examples of sub minute trend breakout trades as i have not showed these yet.

Nathan