Observations

I found some interesting things when looking at different time periods on USD/JPY.

My signals, as described on my 3/3/7 post, work pretty well on the shorter periods with the exception of my trailing stops. However, when I bumped up my ATR multiplier to four, it looks like it still works.

Items of note:

* The two hour period charts look to anticipate the market better without running into the problem of hitting major reversals while I'm at work or asleep
* The four hour chart is slower to show where the market is going than the two hour, but is way better than the day chart
* The hour chart looks to exit positions before the trend is through
* The half hour chart gives a few funny signals
* The fifteen minute chart makes me wish I had all day to watch and trade forex. Very nice signals throughout the day.

So, I think I'm going to go off of the two hour charts from now on with a focus on the 3pip (EUR/USD and USD/JPY with CMS) , 4pip (EUR/JPY and GBP/USD with CMS), and some of the 5pips. Note, CMS adjusts the pip rates +/- 1 every few minutes based on some formula.

I'm also thinking I may try my hand with the 15 minute charts this weekend.

Update:

Entered a short EUR/GBP 0.6819 with a stop of 0.6892 (risk of $102.82 on a full reversal) on the two hour chart. This is a 5pip spread.

I'm entering a bit late as my signals indicate that the enter short signal went off at noon. 0.6836 close on the noon bar.

Later Update:

Yes, I did enter late... too late. EUR/GBP stopped out at a loss of $76.65

Started to use the Ichimoku Kinko Huo signal this evening. When I plugged it in, I saw that the long had formed shortly after I entered my sell.

Ehh