Friday, November 30, 2007

GBPUSD 5 min week 48

GBPUSD 5 min week 48

I've tried trading on 5 min chart. Much more dangerous though, if orders are placed correctly they also could be profitable.
On 29 Nov I used this down move and placed 6 orders (##1-6). All but one was profitable.

Because of the small steps stop orders were impossible so all orders were market. Stop loss was trailing on 15 pips.

Trading in this short time frame requires watching the ticks all the time.

1 comment:

Michael Guan said...

hey, why havent u been posting for 2 years?