The 5 minute TF S&R trading system

eurusd 8th mar 13, 3% win:

15th mar 13, two 3% wins:

eurjpy 18th mar, 3% win:

eurjpy 19th mar, two 3% losses:

eurjpy 27th mar, sell signal, but sl is 19 pips:

eurusd 28th mar 2013, one 3% loss, one 3% win:

on reflection, i make this month 10 wins, 7 losses giving 7% return on the month

Thank you John, will also analyse your setups and try to comment.

Fx and others, what do you think about setups which occur around the start time ? Most of them end up as a BE or a loss. Here are some examples from my backtest. What do you think? Have you noticed anything like that?

Good day today 3% win shorting ej from 53 and 2% win long eu from 70 at 9% this month

Dufoo what I do is when I start I find the swings first and wait for bopb

your starting time is off by 1 hr

when I start day this is what I do heres 3 charts showing the beginning area I look to break the following 3 charts is the payment for waiting

Hi Fxpivots, much thanks for this, this way I know if i got the right setup base on your results. Caught the EJ yesterday too, but miss out on the E/U. Look at it again and understand the setup too.

todays recap we had a trade early on but the market didn't follow threw and it ended up a B E but near the end of session the ej bo and pulled back and since it was after 10 we looked to get 2% and we did. acct now at 11% this month. Anyone wondering why I am not posting during trading its because for months now been in the Skype room so joins us if you want

Will join skype room soon ,thanks fxpivots

How do i join the skype room?

go to Skype and look up 5m tf s and r

here is chart of todays trade

Hi fxpivots, thanks for the chart! I got the same E/J set up. But the pullback i thought was the red candle right after the one you input as entry 1 pips above. So after that i start counting 6 candle and since it did not trigger i cancel my order. Did i do it wrongly? Appreciate if you could share some thoughts please.Best RegardsDaniel Tang