The Force 5min system

Below is my chart showing the upper and lower TLs that date back to last thursday. Everyone should have these on their chart. Look at how the price follows the triangle.

Hi FJ,

Is this how today TL look like ?

Jeff,

Looks good. Lets wait for a bounce of the upper or lower TL.

Jedi

My Screen

http://i38.tinypic.com/11lljye.jpg

Today session its hard to scalp,choppy...

Zu

The price has made its way back to the middle of the triangle. Lets see what happens next. We will wait for the perfect move.

Possible bounce. The Price has touched the lower TL. Now we wait for the signals to line up.

Hi guys,

My price not even touch TL yet ......

Bounce off lower TL in progress. A long trade has been taken.

Higher Low TL holding the price in position for continued Long.

Support confirmed on higher low TL. Holding position.

Hello,

Quick note to say thank you for your ideas.

Good news is I managed to gain some nice profit pips this morning trying out
your system - thank you for sharing. It would be great if you had a community chat room for us to interact - Do you have one by any chance

Regards

Price hit the DPP and is being rejected. Do you use pivots as targets?

Jim

I usually hang out in the Euro threads, saw this and liked what I saw. Simple is good, and 25 pips a day is all you really need.


Jim

I like to know if this system or somebody else test it in G15 minutes? It this work well in other times frames?
tks
RRBO

I am not trying to be a know it all, but if you put a 260 Smooth MA on your 5 Min chart it represents the 89 on the 15 Min chart. The pair will bounce off this MA more often than not. I do a lot of trading on the 5 Min and being able to see the 15 Min 89 can sometime be a blessing. You should check it every day because it will vary a little bit. It does make a good target though, but it just happens that it is right at the Daily Pivot which makes it even more supportive. Just my 2 cents.

Jim

Price break support and then gaines it back in another attempt to break the daily pivot and head for the top of the triangle.

Here is how it looks

I appreciate your help but please no outside indicators.

FJ

Still holding this position. Mostly just for fun now. Move my SL to 2614. Gonna let it ride.