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The Force 5min system

  • #1,001
  • Nov 17, 2008 3:53am Nov 17, 2008 3:53am
Why did you say you should have not taken the trade?

Quoting eddiegrey
I'm with Alpari...these pivots are holding strong....I probably shouldn't have taken this trade but it was a valid entry and I'm tired hahahahahahah
  • #1,002
  • Nov 17, 2008 3:55am Nov 17, 2008 3:55am
Quoting Siuol
I have two demo account for this system, mainly because of the difference in pivot points. On my metaquotes platform, I have exactly what you have but still took the trade. On my ibfx platform, there is nothing in the way until the next closest trendline. I'm taking all trades because I want to see which pivots work the best.
good luck with the experimentation then. I'll be in off the break down of the last swing low (2664ish), as long as the indies still show the short...
  • #1,003
  • Nov 17, 2008 3:56am Nov 17, 2008 3:56am
Quoting forexjedi
Valid entry in a safe zone. Bearish bounce. Lets see what happens. Will take 50% at 10, 30% at 20 then move stop to BE and let the rest ride. Keep stops tight.
FJ,

Where yr stop is?
  • #1,004
  • Nov 17, 2008 3:58am Nov 17, 2008 3:58am
Quoting Siuol
Why did you say you should have not taken the trade?

I saw this Daily Pivot the whole time...here is another screenshot...obviously not wanting to move past it.
Attached Image (click to enlarge)
Click to Enlarge Name: trade6.25[11-16-2008].jpg Size: 130 KB
  • #1,005
  • Nov 17, 2008 3:58am Nov 17, 2008 3:58am
Stop is above upper TL for now at 2701. Ready to move it in the blink of an eye. Give it some room to breathe. Not to say ill let it eat my pips. Going tick by tick with this one.


Quoting lefteye
FJ,

Where yr stop is?
Stacking pips since 2002
  • #1,006
  • Nov 17, 2008 3:59am Nov 17, 2008 3:59am
Thanks. I figure, I can do this to see what works best although I do believe ibfx is the best since it's what FJ uses and would results in our results matching his as close as possible but I know not everybody will go with ibfx so I will have some info for them also.

Quoting ChowClown
good luck with the experimentation then. I'll be in off the break down of the last swing low (2660ish), as long as the indies still show the short...
  • #1,007
  • Nov 17, 2008 4:02am Nov 17, 2008 4:02am
Shes a little stubborn. Took 50% at 10 pips. Will take 30% at 20 and set stop to BE.
Attached Image (click to enlarge)
Click to Enlarge Name: 5minchartnew.gif Size: 16 KB
Stacking pips since 2002
  • #1,008
  • Nov 17, 2008 4:05am Nov 17, 2008 4:05am
Moved my stop to +1 and I'm out at +1 pips hahaha

just not moving the way I want it to...so I'm going to get some sleep and play my hand at the US session. I've got my micro account at fxcm running this trade still...don't know how much longer to hold onto it.
  • #1,009
  • Nov 17, 2008 4:06am Nov 17, 2008 4:06am
stop now to BE.
Stacking pips since 2002
  • #1,010
  • Nov 17, 2008 4:09am Nov 17, 2008 4:09am
Remaining postion stopped at BE. Bullish bounce possible from here. Lets see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: 5minchartnew.gif Size: 16 KB
Stacking pips since 2002
  • #1,011
  • Nov 17, 2008 4:13am Nov 17, 2008 4:13am
My first day using this system is complete. I'm not going to do the two accounts. To much back and forth. Closed my trade out for +6 pips. Total for the day is -4 pips. Great system. I can tell that it really keeps the losses very minimal. Heading to sleep now. Wish the rest of you many pips! Talk to you all tomorrow night.
  • #1,012
  • Nov 17, 2008 4:17am Nov 17, 2008 4:17am
Just entered long at 2680. i think its a valid signal for force 5min. Anyone with me?
  • #1,013
  • Nov 17, 2008 4:25am Nov 17, 2008 4:25am
Its seem to me started to to range for awhile..


zu
  • #1,014
  • Nov 17, 2008 4:27am Nov 17, 2008 4:27am
Bullish bounce. Will hold my position with stop below lower TL for now.
Attached Image (click to enlarge)
Click to Enlarge Name: 5minchartnew.gif Size: 16 KB
Stacking pips since 2002
  • #1,015
  • Nov 17, 2008 4:28am Nov 17, 2008 4:28am
Strong resistance on the TL, and the bulls appear to be blowing smoke. Should we be considering short again?

Thanks
What you do is a reflection of you....what I do is a reflection of me.
  • #1,016
  • Nov 17, 2008 4:30am Nov 17, 2008 4:30am
In this zone we could go either way. Theres nothing really stopping us here. A big move is comming.

Quoting Ezzy
Strong resistance on the TL, and the bulls appear to be blowing smoke. Should we be considering short again?

Thanks
Stacking pips since 2002
  • #1,017
  • Nov 17, 2008 4:32am Nov 17, 2008 4:32am
Quoting forexjedi
In this zone we could go either way. Theres nothing really stopping us here. A big move is comming.
Which way?? lol
What you do is a reflection of you....what I do is a reflection of me.
  • #1,018
  • Nov 17, 2008 4:35am Nov 17, 2008 4:35am
Hello to all,
I'm also thinking about to short.

Quoting Ezzy
Strong resistance on the TL, and the bulls appear to be blowing smoke. Should we be considering short again?

Thanks
  • #1,019
  • Nov 17, 2008 4:36am Nov 17, 2008 4:36am
Quoting Ezzy
Which way?? lol
i short

zu
  • #1,020
  • Nov 17, 2008 4:38am Nov 17, 2008 4:38am
cant tell yet. We should know after this candle
Stacking pips since 2002
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