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Intresting finding or simply statistic: 5min candel 14 replies

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Attachments: The Force 5min system
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The Force 5min system

Quoting Darth Vader
My goal is between 30-40 daily...am I asking too much??

Not at all. You can pull it off, before this system I pulled in about +70 during the US session. That was without using a system at all...just waiting for breakouts and so forth.

In fact I was +39 TODAY and lost 12 because I jumped into a choppy price action. There was a big long opportunity just then...the pips are out there...you just have to visualize them in your terminal
That's why I love this thread. This system really works. Even though I was on the losing side, it was just my first day so I'm still learning. I mean, the losses are minimal and when the market is moving, this system brings in the pips. FJ has done us all a huge favor by posting his system. I'm hoping this system will allow me to become a fulltime trade by the summer of 2009.

Quoting eddiegrey
Not at all. You can pull it off, before this system I pulled in about +70 during the US session. That was without using a system at all...just waiting for breakouts and so forth.

In fact I was +39 TODAY and lost 12 because I jumped into a choppy price action. There was a big long opportunity just then...the pips are out there...you just have to visualize them in your terminal
Hopefully today the pivot points will be a little closer than they were yesterday. So many had different levels that it threw things off a bit. I had the same one I believe as eddiegrey, so mine held pretty strong.
Did anyone just take that short?
Hi,

I just banked a decent +20 pips there.
Just checking, is it a valid entry? Or i should've went in the next candle?
Please advise.

Thanks.
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Pivot Boss in the making~
Good day to u Trader, I have been reading this thread and i see so much debate on TL here. Honestly, most TL i see on this thread are wrongly drawn, and the amazing thing id this, if u draw any TL wrongly, it will act as s/r tentatively but will burn later. But a good TL will alwayz act as a s/r until void. Here is my advice, Pay attention to the various Pivot points, very important with the system. if u have a signal and there is room for few pips before a bounce in TL, pull the trigger, watch PA around the TL, most times, Price breaks them easily becoz they are not drawn well. Honestly, this is an interesting system and it will give pips anytime and for those that feel confused by the addition of TL, don't worry, trade according to the rules on the first page, u will still make money..... the losses suffer here are very minimal so one will not be discouraged even after 2-3 losses in a row. This system will produce pips and am sure it will give 100pips a week in a very tightest market. enjoy the pips
Quoting jurn_e
Hi,

I just banked a decent +20 pips there.
Just checking, is it a valid entry? Or i should've went in the next candle?
Please advise.

Thanks.
Yea looks ok to me...I wanted to take it but was asleep at the wheel! hahaha
Was this a valid entry? Either way 20+
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Quote
Hi,

I just banked a decent +20 pips there.
Just checking, is it a valid entry? Or i should've went in the next candle?
Please advise.

Thanks.

was a valid one................

Once price has broken the daily pivot and we have weekly pivot to take care as well, then the journey to the south will be smooth and 100pips daily will be easier.

Don't Joke with the Pivot points
Wish I had stayed in that trade.
No, this is not a valid trade...only because it was not taken in my account also! Great job and great entry. You follow the rules and the pips come your way. Great trade!

Quoting Digger48
Was this a valid entry? Either way 20+
Next one might be a bounce off the weekly Pivot?? Looking for a valid long signal. IF the signal does happen, what affect will will the daily have on ti going back up?
Ok, signal is there. I'm in long but this looks weak.
I just took a long at 1.2622 and 1.2625 I have two demo account going for this system, trying to see which one has the best pivots.

Edit: Closed for -7 on one and -10 on the other. I've decided not to do the two accounts. Slowing me down. I was trying to do that for those who might use different brokers. Gotta focus on my trades more than anything so I will go with the account that I used starting yesterday to start trading this system.
Looks like a bear may be here soon.
Quoting Digger48
Ok, signal is there. I'm in long but this looks weak.

I took that one too...got out at +4 pips. I'm going to start posting all my trades in my journal...link in my sig.
Yes, it does look like that. I've got to really focus more and more because I'm down -14 pips right now overall and everybody else is bringing in the pips, so I really need to step it up.

Quoting mprincehorn
Looks like a bear may be here soon.
just went short @11
Quoting mprincehorn
just went short @11
I didn't see a signal?
Me either. Stochs was not overbought.

Quoting eddiegrey
I didn't see a signal?
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