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The Force 5min system

  • #881
  • Nov 16, 2008 11:03pm Nov 16, 2008 11:03pm
Quoting sirogreness
Anyone brave enough to take the next long signal with all the resistance in your way?
sheeewww...

I dunno. Looks like the signal is getting pretty strong. I might take it and keep my stop really tight and maybe take profit on a few pips. If the signal comes...
  • #882
  • Nov 16, 2008 11:05pm Nov 16, 2008 11:05pm
Quoting eddiegrey
Not really sure. I was under the assumption they update themselves. Today is the first time I've used that indicator. It COULD be a difference in brokers. Seems like I read there were significant differences in these numbers from broker to broker. I could be wrong. I'm demoing with Alpari US... I've got accounts with ibfx, fxdd also...not sure if they are different.
Hi,

I have 2 live acc, Ibfx and Fxdd, both have different pivot points indeed.
I am contemplating to sticking with 1 broker thats gives me better results using this sytem.
Pivot Boss in the making~
  • #883
  • Nov 16, 2008 11:05pm Nov 16, 2008 11:05pm
Okay, just seems the numbers are different from broker to broker, so at least it's not something I'm doing wrong.

Quoting sirogreness
I use the multi time frame pivot indicator. The numbers on ibfx seem to be way different than the others.
  • #884
  • Nov 16, 2008 11:07pm Nov 16, 2008 11:07pm
Glad I didn't jump the gun and take that trade. The force is strong when you have a signal. This is why we wait for it!

Also shows how powerful the s/r trendlines are in this system.
Attached Image (click to enlarge)
Click to Enlarge Name: trade2.9[11-16-2008].gif Size: 21 KB
  • #885
  • Nov 16, 2008 11:09pm Nov 16, 2008 11:09pm
Quoting sirogreness
Anyone brave enough to take the next long signal with all the resistance in your way?
I have a TL right at 1.2550, so that would be a very good place for a turn if system lines up.
  • #886
  • Nov 16, 2008 11:09pm Nov 16, 2008 11:09pm
S,

Did you get the sign in issue worked out? If not PM me.


Quoting Siuol
Great decision FJ. I was going to just stick with e/u anyway no matter what anybody else was posting but I'm glad you came to that decision. It will make the process smoother and we really can become good by just sticking with one pair.

I do seem to be unable to sign up in the room that you are using, can you please help with that?

Also, since you said you trade the Asian open, is it okay, per the rules of the system (I only want to trade according to the rules of the system) to trade at 5pm PST when the Asian session opens today or must we...
Stacking pips since 2002
  • #887
  • Nov 16, 2008 11:10pm Nov 16, 2008 11:10pm
Agreed. The farther it drops the stronger the next long signal. I have a tl to beat on the next long signal. Hopefully the bulls will win and we can all sip on pip and juice.

Quoting eddiegrey
Glad I didn't jump the gun and take that trade. The force is strong when you have a signal. This is why we wait for it!

Also shows how powerful the s/r trendlines are in this system.
  • #888
  • Nov 16, 2008 11:11pm Nov 16, 2008 11:11pm
Quoting Vantage
I have a TL right at 1.2550, so that would be a very good place for a turn if system lines up.
Same here...

HERE WE GO!
  • #889
  • Nov 16, 2008 11:20pm Nov 16, 2008 11:20pm
I was tricked! hahaha... maybe not. but its looking that way!
  • #890
  • Nov 16, 2008 11:21pm Nov 16, 2008 11:21pm
Bullish stick bounced off a tl and dropped like a sack of potatoes.

Quoting eddiegrey
I was tricked! hahaha... maybe not. but its looking that way!
  • #891
  • Nov 16, 2008 11:22pm Nov 16, 2008 11:22pm
Don't contemplate it, do it. Whichever one is giving you better results, go with that one for this system so you make more money!

Quoting jurn_e
Hi,

I have 2 live acc, Ibfx and Fxdd, both have different pivot points indeed.
I am contemplating to sticking with 1 broker thats gives me better results using this sytem.
  • #892
  • Nov 16, 2008 11:23pm Nov 16, 2008 11:23pm
Quoting sirogreness
Bullish stick bounced off a tl and dropped like a sack of potatoes.

This one is the most painful of the night but I'm hanging in there ahaha
Attached Image (click to enlarge)
Click to Enlarge Name: trade3[11-16-2008].gif Size: 21 KB
  • #893
  • Nov 16, 2008 11:24pm Nov 16, 2008 11:24pm
Check out the MACD, it is showing that the market is ranging right now. The tools that are used with this system are great. The combination of all of them together is keeping us out of the false signals.
  • #894
  • Nov 16, 2008 11:27pm Nov 16, 2008 11:27pm
Traders,

Nice to see everyone here. This thread is getting very busy so ill need a little more patience when getting back to people. Below is my chart for how I will start this day. Ill spend a little time going over fridays moves then ill be fully active on here to help everyone out. Lets make some pips. For now we wait.
Attached Image (click to enlarge)
Click to Enlarge Name: 5minchartnew.gif Size: 18 KB
Stacking pips since 2002
  • #895
  • Nov 16, 2008 11:29pm Nov 16, 2008 11:29pm
Quoting Siuol
Don't contemplate it, do it. Whichever one is giving you better results, go with that one for this system so you make more money!
You can adjust these pivots for the start time you like.
Attached File(s)
File Type: ex4 Pivots.ex4   22 KB | 456 downloads
  • #896
  • Nov 16, 2008 11:33pm Nov 16, 2008 11:33pm
Eddie,

I cant seem to PM yyou for some reason the option isnt there. Can you PM me or mail [email protected]

FJ

Quoting eddiegrey
Hey ForexJedi,

I run a web development business aside from trading and if you need any assistance getting something setup for live chat, or anything else. I'd definitely be interested in offering my services as payment for this wonderful system.

Send me a PM if interested.
Stacking pips since 2002
  • #897
  • Nov 16, 2008 11:41pm Nov 16, 2008 11:41pm
Some food for thought on todays market. The Price is below the weekly pivot and below the weekly R1. On the other hand the price is above the weekly s1 and a 2 year support TL dating back to 2006. Not sure which way its gonna go yet so we need to wait till we have some better idea of direction. If I had to make a educated guess id say down to the lower TL then a bullish bounce from there. You never know till it actually happens.
Stacking pips since 2002
  • #898
  • Nov 16, 2008 11:49pm Nov 16, 2008 11:49pm
Hi traderfellows,

lets start a new week, a new session as the pips are waiting for us to be collected. Patience and success to all of you... !
  • #899
  • Nov 16, 2008 11:51pm Nov 16, 2008 11:51pm
I'm long at 1.2573. I would post my chart but I get an error when I try to do so. Does not look like my first trade taking this system is going to be a winner but I'm learning.
  • #900
  • Nov 16, 2008 11:56pm Nov 16, 2008 11:56pm
Quoting Siuol
I'm long at 1.2573. I would post my chart but I get an error when I try to do so. Does not look like my first trade taking this system is going to be a winner but I'm learning.
Hi Siuol
Personally I'd suggest care anytime you see a 20+ pip candle from a 5 min chart.

Whilst 1.2550 is proving good support at the moment its also tried a couple of times to go higher and each time its pulled back.

Watch the ever so slightly lower highs, could be a big move down coming.
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