The Force 5min system | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Intresting finding or simply statistic: 5min candel 14 replies

5min Bollinger breakout system 42 replies

My journal on The Force 5min system 5 replies

Backtest Data Timeframe > 1min, 5min necessary? 2 replies

Attachments: The Force 5min system
Exit Attachments

The Force 5min system

  • #641
  • Nov 13, 2008 2:47am Nov 13, 2008 2:47am
Took 60% at 10 pips, rest at break even, is in the trade.

Go the big bear!
What you do is a reflection of you....what I do is a reflection of me.
  • #642
  • Nov 13, 2008 2:50am Nov 13, 2008 2:50am
Ezzy

What do you mean at a "break even"? That's when MA crosses?

Quoting Ezzy
Took 60% at 10 pips, rest at break even, is in the trade.

Go the big bear!
  • #643
  • Nov 13, 2008 2:54am Nov 13, 2008 2:54am
Quoting kingpin
Ezzy

What do you mean at a "break even"? That's when MA crosses?
I had taken the short trade, I took 60% of the trade at 10 pips and moved my stop loss at BE.
What you do is a reflection of you....what I do is a reflection of me.
  • #644
  • Nov 13, 2008 3:06am Nov 13, 2008 3:06am
So you move your stop loss to the price where you took 60% off?

Quoting Ezzy
I had taken the short trade, I took 60% of the trade at 10 pips and moved my stop loss at BE.
  • #645
  • Nov 13, 2008 3:08am Nov 13, 2008 3:08am
Quoting kingpin
So you move your stop loss to the price where you took 60% off?
No, I moved my stop loss to the price where I entered the trade.
What you do is a reflection of you....what I do is a reflection of me.
  • #646
  • Nov 13, 2008 3:09am Nov 13, 2008 3:09am
Now i understand, Thanx
Quoting Ezzy
No, I moved my stop loss to the price where I entered the trade.
  • #647
  • Nov 13, 2008 3:17am Nov 13, 2008 3:17am
Quoting kingpin
Now i understand, Thanx
No probs kingpin.
What you do is a reflection of you....what I do is a reflection of me.
  • #648
  • Nov 13, 2008 3:20am Nov 13, 2008 3:20am
Doesnt look like there gonna be much more action for me today. Got enough pips to keep me happy. Untill tomorrow. Good luck to all.
Stacking pips since 2002
  • #649
  • Nov 13, 2008 3:30am Nov 13, 2008 3:30am
Quoting forexjedi
Doesnt look like there gonna be much more action for me today. Got enough pips to keep me happy. Untill tomorrow. Good luck to all.
Thanks, FJ. Useful food for thought again today. Until tomorrow...unless you spot something potentially juicy later perhaps ...liking the look of this latest short signal that's building.....although support beginning to feed in at these levels, we'll see.
  • #650
  • Nov 13, 2008 4:01am Nov 13, 2008 4:01am
Quoting traderray
Just to say hi,
Have read all but todays messages, and have set my system up as specified, but my WS1 is at 2456, although DP pivot agrees; is it anything to do with . bars in history?
Answered myself
  • #651
  • Nov 13, 2008 5:53am Nov 13, 2008 5:53am
Price is really sticking to this 1.2525 zone
  • #652
  • Nov 13, 2008 6:04am Nov 13, 2008 6:04am
Hi forexjedi, I must say u've done a very good job. I have been a silent reader of this thread and i have to say that u,CC and others have made me understood forex from this angle. Thanks so much guys. How can i join u guys at the chat room? Nerry.
  • #653
  • Nov 13, 2008 6:14am Nov 13, 2008 6:14am
hi FJ ,CC and all
today I have some privat things to do, so I'm late.
but I'm lucky to can take a nice trade, go in 1.2525 and out at the daily pivot for +18 pips , thanks FJ for this I learn now to see and wait for the right signal

will observe now and only trade low lots, coz my daily goal reach already
cheers
Attached Image (click to enlarge)
Click to Enlarge Name: test1112.jpg Size: 303 KB
  • #654
  • Nov 13, 2008 6:22am Nov 13, 2008 6:22am
Quoting fxdiesel
hi FJ ,CC and all
today I have some privat things to do, so I'm late.
but I'm lucky to can take a nice trade, go in 1.2525 and out at the daily pivot for +18 pips , thanks FJ for this I learn now to see and wait for the right signal

will observe now and only trade low lots, coz my daily goal reach already
cheers
Nice work, FX

Another good example of a better quality signal. The trade didn't seriously challenge the high of the signal bar...the best trades are like this, enabling tight stops and decent R:R opportunity.
  • #655
  • Nov 13, 2008 7:10am Nov 13, 2008 7:10am
Hi, i took a scalp of 10 pips here. Is this valid according to the system?
Bearish divergence? But its near the daily pivot..
Attached Image (click to enlarge)
Click to Enlarge Name: force1.gif Size: 23 KB
Pivot Boss in the making~
  • #656
  • Nov 13, 2008 7:29am Nov 13, 2008 7:29am
thx CC, thanks for the explanation also


Quoting jurn_e
Hi, i took a scalp of 10 pips here. Is this valid according to the system?
Bearish divergence? But its near the daily pivot..
nice and a valid signal for me also
only I don't take it coz the daily pivot and lower trendline and the 00 level, was for me all to near.
  • #657
  • Nov 13, 2008 7:31am Nov 13, 2008 7:31am
Quoting jurn_e
Hi, i took a scalp of 10 pips here. Is this valid according to the system?
Bearish divergence? But its near the daily pivot..
...a good scalp there, J. Yes, a risky trade given the proximity of the pivot, but you recognised it as such and managed the trade accordingly...nice one


...anyone in off the bounce, long?...i was away so missed it.
  • #658
  • Nov 13, 2008 7:37am Nov 13, 2008 7:37am
another nice trade for me, only by small lot, but I like it

price break upper trendline stoch a little high already, I took +35 pips, out at the "daily R1"
I love this system, Big thanks again to Forexjedi
Attached Image (click to enlarge)
Click to Enlarge Name: test1112b.jpg Size: 281 KB
  • #659
  • Nov 13, 2008 7:40am Nov 13, 2008 7:40am
Quoting fxdiesel
another nice trade for me, only by small lot, but I like it

price break upper trendline stoch a little high already, I took +35 pips, out at the "daily R1"
I love this system, Big thanks again to Forexjedi
..you're in the groove, FX, nice trading
  • #660
  • Nov 13, 2008 8:15am Nov 13, 2008 8:15am
thanks CC

I'm off now, europe close already and london in 50 min, here it is 23:10 , so I will take some sleep

see you all tomorrow

cheers
3 traders viewing now