was this a high risk trade in your opinion? I was watching and thinking that it was still within the tight range still and couldn't see a strong move out bravo on the follow up trade, very nice

GBP/USD M5 Trading

it's magic I'd previously suggested that fib based time was in play here, but apparently not.. presumably simply market open times, derived from the time table, which is included in the PDF of his posts in this thread

How To Trade With Accuracy - The Market Way

haven't you already shown them in post #3 "Monthly Levels" ?

How To Trade With Accuracy - The Market Way

i'm pretty sure you can just edit the values in the built-in fib tool to match

How To Trade With Accuracy - The Market Way

Thanks for your reply, though I guess I was thinking more along the lines of your earlier comments around "time", ie you could apply fib to time as well as price.

How To Trade With Accuracy - The Market Way

fib based time (bar counting) based around the H&S structure

How To Trade With Accuracy - The Market Way

Are you certain? I mean if we know for certain that 3% is almost impossible, then what exact % is possible I wonder.

Million dollars dream - starting from $1000

Your hard work and persistence has resulted in profitable system.. simple as that. The haters and doubters have yet to find theirs. Keep going!

Tim's £500 marathon. Goal £1 million

I wouldnt be trading now - high impact news

45 Combo - momentum system

GU target hit, phew

45 Combo - momentum system

Are you sure, doesnt look like a setup to me

45 Combo - momentum system

GU Short

45 Combo - momentum system

0 / 4 so far.. quit for the day or hold out for a BE ?

45 Combo - momentum system

Broker differences I guess.. I didnt get a trigger on EJ

45 Combo - momentum system

I've noticed even "medium" news seems to have a significant impact on M1, but on the flip side it could throw you quickly into profit

45 Combo - momentum system

Yup In

45 Combo - momentum system

Hmm on GU I had my TP at +20 so came within a whisper and manually closed out. Should I have adjusted my TP for the spread?

45 Combo - momentum system

So long as the volatility is there and the spreads are good enough then def worth looking at, excellent.

45 Combo - momentum system