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The Force 5min system

  • #281
  • Nov 7, 2008 4:59am Nov 7, 2008 4:59am
Quoting forexjedi
Fell to the weekly pivot as originally preditcted. Should bounce from here. If not im staying out for the rest of the day as the price is no longer predictable.
...the weekly pivot i have through WHC is at 2782....considerable difference between feeds.

I quite like the action on EU today, so i'll be trading throughout the rest of London and NY, tip toeing around NFP of course.

In my experience, it's best not to think that price is predictable on the lower TFs....Force signals will happen and be profitable regardless of pivot levels, TLs, Fibs, emas etc, they're just markers and price will break 'em or hold 'em, all we can do is follow.
  • #282
  • Nov 7, 2008 5:03am Nov 7, 2008 5:03am
Ok guyz +10pips not too bad after sitting for two hours.
Tough day

good system...................... losses are mimimal

10pips will still get good breakfast for me
Thanks CC
Thanks FJ

got to go

bye
  • #283
  • Nov 7, 2008 5:08am Nov 7, 2008 5:08am
Quoting Naijafx
Ok guyz +10pips not too bad after sitting for two hours.
Tough day

good system...................... losses are mimimal

10pips will still get good breakfast for me
Thanks CC
Thanks FJ

got to go

bye
...enjoy your b/fast, Mike
  • #284
  • Nov 7, 2008 5:11am Nov 7, 2008 5:11am
Chow,

Whats your daily pivot? Notice a big difference in your charts aswell.


Quoting ChowClown
...the weekly pivot i have through WHC is at 2782....considerable difference between feeds.

I quite like the action on EU today, so i'll be trading throughout the rest of London and NY, tip toeing around NFP of course.

In my experience, it's best not to think that price is predictable on the lower TFs....Force signals will happen and be profitable regardless of pivot levels, TLs, Fibs, emas etc, they're just markers and price will break 'em or hold 'em, all we can do is follow.
Stacking pips since 2002
  • #285
  • Nov 7, 2008 5:12am Nov 7, 2008 5:12am
Naj,

Monday! NFP always messes up the charts but as long as everyone made pips its worh it.

Quoting Naijafx
Ok guyz +10pips not too bad after sitting for two hours.
Tough day

good system...................... losses are mimimal

10pips will still get good breakfast for me
Thanks CC
Thanks FJ

got to go

bye
Stacking pips since 2002
  • #286
  • Nov 7, 2008 5:13am Nov 7, 2008 5:13am
Quoting forexjedi
Chow,

Whats your daily pivot? Notice a big difference in your charts aswell.
it's 2767.
  • #287
  • Nov 7, 2008 5:34am Nov 7, 2008 5:34am
C,

Thanks. Im out for the day. My head hurts.

Quoting ChowClown
it's 2767.
Stacking pips since 2002
  • #288
  • Nov 7, 2008 5:40am Nov 7, 2008 5:40am
Quoting forexjedi
C,

Thanks. Im out for the day. My head hurts.
Yeah, not an 'easy' session - see you next week.
  • #289
  • Nov 7, 2008 5:43am Nov 7, 2008 5:43am
Hey Chow, are you on this current bearish move?
What you do is a reflection of you....what I do is a reflection of me.
  • #290
  • Nov 7, 2008 5:51am Nov 7, 2008 5:51am
Quoting Ezzy
Hey Chow, are you on this current bearish move?
Hi Ez, not at the moment mate, looks good in hindsight though doesn't it....when the last short signal came (at the double top) i was only looking for longs, as we above the main pivots etc, i was looking for the pullback and long setup from there, which hasn't happened yet.

There was a weaker short signal around the latest swing high, which i didn't take as price is slap bang in the middle of the pivot area (daily and weekly on my chart). So, i'm sidelined for now waiting to see a decent impulse move away from these levels and take the next signal from there.
  • #291
  • Nov 7, 2008 5:55am Nov 7, 2008 5:55am
Sounds like a plan Chow. In the meantime, I think I will continue on the slide down bear country.
What you do is a reflection of you....what I do is a reflection of me.
  • #292
  • Nov 7, 2008 5:58am Nov 7, 2008 5:58am
Quoting Ezzy
Sounds like a plan Chow. In the meantime, I think I will continue on the slide down bear country.
which signal are you in from?
  • #293
  • Nov 7, 2008 6:03am Nov 7, 2008 6:03am
Quoting ChowClown
which signal are you in from?
Just following the system Chow. Price started going down at the .2836 signal on Alpari UK and thats when I hit the sell button.
What you do is a reflection of you....what I do is a reflection of me.
  • #294
  • Nov 7, 2008 6:07am Nov 7, 2008 6:07am
Ive come to the conclusion that we need an indicator that mods charts to put evryone on the same page. My thoughts are its hard for people to follow along when everyones charts all look different. Any takers on this project.
Stacking pips since 2002
  • #295
  • Nov 7, 2008 6:10am Nov 7, 2008 6:10am
Quoting Ezzy
Just following the system Chow. Price started going down at the .2836 signal on Alpari UK and thats when I hit the sell button.
Good patience/discipline, Ez.
  • #296
  • Nov 7, 2008 6:11am Nov 7, 2008 6:11am
Quoting forexjedi
Ive come to the conclusion that we need an indicator that mods charts to put evryone on the same page. My thoughts are its hard for people to follow along when everyones charts all look different. Any takers on this project.
Sorry FJ, I would love to contribute, specially after you have shared this great system with us, but I know nothing about making an indicator or EA.
What you do is a reflection of you....what I do is a reflection of me.
  • #297
  • Nov 7, 2008 6:14am Nov 7, 2008 6:14am
A break of the daily uptrend line. Risky because of the lower barriers that needed to be broken but abviouslt worth at this point. Caution due to the NFP on the horizon. Everyone know about the beating the US took lastmonth.

Quoting Ezzy
Just following the system Chow. Price started going down at the .2836 signal on Alpari UK and thats when I hit the sell button.
Stacking pips since 2002
  • #298
  • Nov 7, 2008 6:24am Nov 7, 2008 6:24am
Quoting forexjedi
Ive come to the conclusion that we need an indicator that mods charts to put evryone on the same page. My thoughts are its hard for people to follow along when everyones charts all look different. Any takers on this project.

I guess we just need to use the same MT4 provider as yourself and apply the template you're using??
  • #299
  • Nov 7, 2008 6:26am Nov 7, 2008 6:26am
Lets see if we get any takers that wanna help this thread out first.

Quoting ChowClown
I guess we just need to use the same MT4 provider as yourself and apply the template you're using??
Stacking pips since 2002
  • #300
  • Nov 7, 2008 6:27am Nov 7, 2008 6:27am
Quoting Ezzy
Just following the system Chow. Price started going down at the .2836 signal on Alpari UK and thats when I hit the sell button.
...how have you been managing your short, Ez?...still in?
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