Shane D

I always want to find a timeframe where the risk is acceptable AND I can get above the noise in the FX market and be able to trade solid action.  Looking over a 200Tick chart of the cable, I wanted to take a look how the last week went.  Candle by candle on the hard right edge, the week unfolded.  Sideways action was clearly seen as somedays, price hovered around the big round numbers basically going sideways.  When a clear trend was seen above a round number, a reasoned risk was taken to get into the trade.  All in all....66% winners.  Art of trading is one thing you can never forget.  Obvious chop and certain levels generally scream to be dealt with.

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