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The Force 5min system

  • #501
  • Nov 12, 2008 1:50am Nov 12, 2008 1:50am
Hi FJ,

Since price are breaking the TL, is it good time to "sell" ?
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~~ Happy Trading ~~
  • #502
  • Nov 12, 2008 1:56am Nov 12, 2008 1:56am
but there is a lot of resistance, pivot, fibo and the 00, so for me no trade before break that all
  • #503
  • Nov 12, 2008 1:57am Nov 12, 2008 1:57am
Morning all,

Just set up for the day and looking for long setups only for now, reasons being, price is in an uptrend, printing higher highs, higher lows...it's currently above the daily pivot (on my chart), just and there's bullish hidden divergence in the stochastic at the moment.
  • #504
  • Nov 12, 2008 2:02am Nov 12, 2008 2:02am
Hello all,

I went in "short" at 2613 SL at 2625 and TP 2595

keep on learning with my demo account !
  • #505
  • Nov 12, 2008 2:04am Nov 12, 2008 2:04am
Take out 80% and let it go !
  • #506
  • Nov 12, 2008 2:18am Nov 12, 2008 2:18am
Chow nice to see you.


Quoting ChowClown
Morning all,

Just set up for the day and looking for long setups only for now, reasons being, price is in an uptrend, printing higher highs, higher lows...it's currently above the daily pivot (on my chart), just and there's bullish hidden divergence in the stochastic at the moment.
Stacking pips since 2002
  • #507
  • Nov 12, 2008 2:23am Nov 12, 2008 2:23am
Quoting forexjedi
Chow nice to see you.

Good to be here, FJ. Looking forward to moving along the learning curve again today
  • #508
  • Nov 12, 2008 2:27am Nov 12, 2008 2:27am
Quoting monte911
Take out 80% and let it go !

Well done...if i'd have been more on the ball and referred to my hourly chart at the turn of the hour, i'd have noticed the bearish candle and might have joined in with the short...there's always next time.
  • #509
  • Nov 12, 2008 2:34am Nov 12, 2008 2:34am
Thank you ChowClown.

I put my next SL at my Daily Pivot at .2596 and see the next resistence at .2555 but always prepared for a reversal as price sticks at my Pivot. I hope I learned my lessons well from FJ and you all !
  • #510
  • Nov 12, 2008 2:39am Nov 12, 2008 2:39am
only test to insert a chart, using the additional option -> manage attachments
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  • #511
  • Nov 12, 2008 2:50am Nov 12, 2008 2:50am
Wow !!!

Close at .2555 +58 Pips its amazing.

I need some coffee and fried eggs. See you later and wish you "+++Pips"

monte
  • #512
  • Nov 12, 2008 2:54am Nov 12, 2008 2:54am
Quoting monte911
Wow !!!

Close at .2555 +58 Pips its amazing.

I need some coffee and fried eggs. See you later and wish you "+++Pips"

monte
Nice trading!...out of interest, where did your 2555 resistance come from?

..enjoy your eggs

Edit:...spotted it, visual s/r switch. Thanks.
  • #513
  • Nov 12, 2008 3:01am Nov 12, 2008 3:01am
possible bounce. Stay tuned.
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Stacking pips since 2002
  • #514
  • Nov 12, 2008 3:03am Nov 12, 2008 3:03am
--> ChowClown , the resistence I looked for was the 1 hour timeframe for an additional TL . I do that to accoring to my SL's and TP's.

But perhaps I should have stayed longer but accoring to rules is " Stick to them" as long as work for you.

  • #515
  • Nov 12, 2008 3:03am Nov 12, 2008 3:03am
Scratch that previous post. Support at the weekly s1. We wait.
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Stacking pips since 2002
  • #516
  • Nov 12, 2008 3:04am Nov 12, 2008 3:04am
Quoting forexjedi
possible bounce. Stay tuned.
FJ, do you think it will test S1?
What you do is a reflection of you....what I do is a reflection of me.
  • #517
  • Nov 12, 2008 3:10am Nov 12, 2008 3:10am
Yes. Prob a few more times. You dont really know untill it happens. Thats why we wait.

Quoting Ezzy
FJ, do you think it will test S1?
Stacking pips since 2002
  • #518
  • Nov 12, 2008 4:01am Nov 12, 2008 4:01am
Hi forexjedi,

First thanks for sharing your system, i'm going to use it with usage of s/r

i hope to make a lot of green pips
Trade at Your Own Risk.
  • #519
  • Nov 12, 2008 4:03am Nov 12, 2008 4:03am
Slow night. Someone pray for a trade.

Quoting Marko31
Hi forexjedi,

First thanks for sharing your system, i'm going to use it with usage of s/r

i hope to make a lot of green pips
Stacking pips since 2002
  • #520
  • Nov 12, 2008 4:08am Nov 12, 2008 4:08am
FJ

If current candle closes below TL do we take the trade or wait for the next signal.

Sorry for all the Qs mate!
What you do is a reflection of you....what I do is a reflection of me.
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