Genuine 5m 4R/R system

The setup is invalid Avail.

Price drops below the low between the 2 pts, before it breaks. The red bar about 5 before that red horizontal line with the ?

Hi Aman,

Appreciate the reply. Thank you.

Do you still trade using this method as is?
Are you still with the group in Palingro?

Hi FX654,

I see what you mean, Thanks, I did see that but I entered thinking the flag was still holding.
Will pay more attention to the next one.

Have been practicing a lot on M5 in forex tester but using M1 live to gain experience and screen time.

This has been happening a lot, I would guess the problem is that the M1 is very fast and I need more experience to catch up.

I should also be using entry orders after the void appears.

Overall the trades are great but per the attached chart about 50% of time I'm late.
For trades like this where the P2 hasn't exactly hit P1 or higher I use market orders, in this case the difference was less than a pip being 0.3 pips.

If P2 hits the P1 high or slightly above I use the entry order.

Do you guys always use entry orders?
Would you enter trades like this one?