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The Force 5min system

  • #1,281
  • Nov 19, 2008 5:47am Nov 19, 2008 5:47am
i must be sincere..i am tired of forex...i keep loosing money every mins....could anyone give me a good way to make money thru this forex..i have bought alot of ebook, strategy and indicators..they work the first day and go against me for the rest of life...i have been doing this forex for the past 2 yrs and its mater of gain and lost more than gain..!! i am tired!!
  • #1,282
  • Nov 19, 2008 5:50am Nov 19, 2008 5:50am
i must be sincere..i am tired of forex...i keep loosing money every mins....could anyone give me a good way to make money thru this forex..i have bought alot of ebook, strategy and indicators..they work the first day and go against me for the rest of life...i have been doing this forex for the past 2 yrs and its mater of gain and lost more than gain..!! i am tired!!
pls if u got something email me direct at [email protected]
  • #1,283
  • Nov 19, 2008 5:51am Nov 19, 2008 5:51am
Still holding for a break of the daily pivot.
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Stacking pips since 2002
  • #1,284
  • Nov 19, 2008 5:55am Nov 19, 2008 5:55am
Quoting gailbros
i must be sincere..i am tired of forex...i keep loosing money every mins....could anyone give me a good way to make money thru this forex..i have bought alot of ebook, strategy and indicators..they work the first day and go against me for the rest of life...i have been doing this forex for the past 2 yrs and its mater of gain and lost more than gain..!! i am tired!!
Sorry jedi I can't help chipping in here. Gailbros stop trading with real money now!!! Find a system that works for you, this is one of the better ones around (original post 1 and advanced post 238). There are some other good consistent traders out there (Harold4x's the key to the Mint is one). Find a style of trading that works for you, understand that system completely, go back over loads of charts 20 days in an uptrend, 20 days in downtrend, 20 days in sideways market. If system stands up to those conditions you're onto a winner. Then stick to system.

Hope this helps.
  • #1,285
  • Nov 19, 2008 5:55am Nov 19, 2008 5:55am
ForexJedi,

Did you enter a long position when the candles touched the lower TL
I had taken position on the second bull candle after the MA cross but exited because I think I went slightly against the rule in that stochastics were overbought - I'm still learning your system

Just wanted to clarify if I followed correctly.

Thank you for your help on this - also I take it that we will wait for it
to touch upper TL for Short move provided all other conditions are aligned

Regards
  • #1,286
  • Nov 19, 2008 5:56am Nov 19, 2008 5:56am
Your in the right place. Read the whole thread then PM me.

Quoting gailbros
i must be sincere..i am tired of forex...i keep loosing money every mins....could anyone give me a good way to make money thru this forex..i have bought alot of ebook, strategy and indicators..they work the first day and go against me for the rest of life...i have been doing this forex for the past 2 yrs and its mater of gain and lost more than gain..!! i am tired!!
pls if u got something email me direct at [email protected]
Stacking pips since 2002
  • #1,287
  • Nov 19, 2008 6:05am Nov 19, 2008 6:05am
I agree, learn as much about a system then go with real money!

Vantage - love your signature! RUSH on.
  • #1,288
  • Nov 19, 2008 6:07am Nov 19, 2008 6:07am
Nice job, FJ

Quoting forexjedi
Still holding for a break of the daily pivot.
  • #1,289
  • Nov 19, 2008 6:28am Nov 19, 2008 6:28am
Trade finally closed at the top TL. Sweet!
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Stacking pips since 2002
  • #1,290
  • Nov 19, 2008 6:51am Nov 19, 2008 6:51am
Im calling it a day. Good luck to all.
Stacking pips since 2002
  • #1,291
  • Nov 19, 2008 6:52am Nov 19, 2008 6:52am
Vantage,

No problem. Your advice is solid. Thanks for the help!

Jedi

Quoting Vantage
Sorry jedi I can't help chipping in here. Gailbros stop trading with real money now!!! Find a system that works for you, this is one of the better ones around (original post 1 and advanced post 238). There are some other good consistent traders out there (Harold4x's the key to the Mint is one). Find a style of trading that works for you, understand that system completely, go back over loads of charts 20 days in an uptrend, 20 days in downtrend, 20 days in sideways market. If system stands up to those conditions you're onto a winner. Then stick to...
Stacking pips since 2002
  • #1,292
  • Nov 19, 2008 6:56am Nov 19, 2008 6:56am
Thanks for the comlements from and experienced trader such as yourself.

Jedi

Quoting hard1head1
Nice job, FJ
Stacking pips since 2002
  • #1,293
  • Nov 19, 2008 8:13am Nov 19, 2008 8:13am
Look forward to working with you guys. Always been looking for a good scalping system.

Jim







Always Remember.
  • #1,294
  • Nov 19, 2008 10:43am Nov 19, 2008 10:43am
Hi FJ & fellow traders,

Did anyone pipped this?

I managed to get some pips but got out early. Still trying not to close winning trade too early, but not too successful. lol
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  • #1,295
  • Nov 19, 2008 12:28pm Nov 19, 2008 12:28pm
I am new to viewing this system and I'm working to understand it. I have started the process of reading this thread from page one and I'm truly amazed on how this system is being modified. My question is if all the added indicators that are being used now compared to the beginning, is their any added profitability? If so how much and any suggestions for someone that is a newbie to the FX?

Thanks to all for your help. I'm back off to study this program more.

Mike
A woman drove me to drink, and I forgot to thank her
  • #1,296
  • Nov 19, 2008 1:08pm Nov 19, 2008 1:08pm
The indicators have not changed and will never change. The core of the system is awesome. If you learn how to use it you will be profitable. Resist any urge to change indicators because it will cost you money. There is always a bunch of people in the chat room who are cool and willing to help. Come join us!!

Quoting simpleguy
I am new to viewing this system and I'm working to understand it. I have started the process of reading this thread from page one and I'm truly amazed on how this system is being modified. My question is if all the added indicators that are being used now compared to the beginning, is their any added profitability? If so how much and any suggestions for someone that is a newbie to the FX?

Thanks to all for your help. I'm back off to study this program more.

Mike
  • #1,297
  • Nov 19, 2008 1:43pm Nov 19, 2008 1:43pm
Quoting sirogreness
The indicators have not changed and will never change. The core of the system is awesome. If you learn how to use it you will be profitable. Resist any urge to change indicators because it will cost you money. There is always a bunch of people in the chat room who are cool and willing to help. Come join us!!
That's right, the thread and chatroom are purely restricted to discussing the rules as per FJ's posts #1 and #238 (the addition of trendlines and pivots).

Managed to use the room for a while today and it was great to be involved and watch others call the setups....well done Eddie and FJ for getting it sorted out.

For those who haven't checked the chatroom out yet and might be new or struggling with the strat, get in there tomorrow if you can, well worth it.

ATB
  • #1,298
  • Nov 19, 2008 3:43pm Nov 19, 2008 3:43pm
Hey Chow!

Thanks for your compliments. I am new to trading and I'm doing whatever I can to help out and make myself a better trader.

Everyone check out the chatroom: http://force.appruv.com

or via IRC client: server - irc.mibbit.com | channel - #the_force_5m

Thanks guys!
Eddie
  • #1,299
  • Nov 19, 2008 6:08pm Nov 19, 2008 6:08pm
Mike,

Your question is relevant to many people who read this forum.

I agree with sirogreness, the core of this system is awesome!

I didn't even know there were advanced rules when I started using 'The Force'. I was so impressed with the simplicity of the basic rules that I just used those and got my charts setup like forexjedi's original posts. I made good trades (demo acct) using those rules and my understanding grew. My current level of participation is the basic rules + the trendlines. I figured out for myself I'm not ready to take on the advanced trade entry rules.

I would recommend that all newbies focus on the basic rules at least until your understanding of the core ideas in 'The Force' becomes like second nature to you. When you know why the basic rules work the advanced ideas will rest on a lot firmer foundation in your development as a 'force' trader.

Quoting simpleguy
My question is if all the added indicators that are being used now compared to the beginning, is their any added profitability? If so how much and any suggestions for someone that is a newbie to the FX?
  • #1,300
  • Nov 19, 2008 8:09pm Nov 19, 2008 8:09pm
... sorry if this seems like a silly question and I am sure I have missed it.... is there a template/indi's/rules for this.... I cant see for looking.

Many thanks for any help in advance...

Eddie
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