It is worth noting that the 15 minute stoch is showing a sell divergence. I would not take a long trade against that.
5min Bollinger breakout system 42 replies
My journal on The Force 5min system 5 replies
DislikedWOW, wud have covered the loss if one wud have have taken this one !!Ignored
DislikedDouble top off R2 helping with the decision to get in on that short signal. Nice. The stoch wasn't perfect but it doesn't matter within the context of price action at the time.
I'd rather trade the next long signal though.Ignored
DislikedAre u basing ur decision based on the rules made by FJ or r u using ur own discretion? And r my entries not consistent with the original rules? If no then can u tell me what m I not seeing here? I have read this forum till a 100 posts, and not sure if the rules have been modified.
DislikedSure, some days taking all Force signals will net you loads of pips, but those days are quite rare. In order to increase the win rate, learning to read price action from the higher timeframes down to the timeframe you're trading, is the key.
Hope you're in on the long...will be interesting to see if R2 breaks this time.Ignored
Dislikedstrong long signal. May retrace from 1.315Ignored
I really welcome feedback on this. It needs back testing. I have started reading the Genesis thread and they are very switched on - Great recommendation Sidefx!
There is no perfect system, however good filtering with sound trade management can move the odds to your favor.
I think Forex factory has some really talented people in its community. I notice so much effort is put towards how to enter a trade (only in my opinon - not want to offend). It is so much more import to know how to exit effectively and how to manage position sizes
DislikedI had to step away and missed some screen time. I agree with the H1 head and shoulders Sidefx.Ignored