The Force 5min system | Page 68 | 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

  • #1,341
  • Nov 20, 2008 9:28am Nov 20, 2008 9:28am
I'm looking at a potential short. All indicators told me to go except for the crossing emas. Now i'm sitting here waiting to see if they cross to enter the trade. My question:

Do I enter as soon as it shows a good cross

or

Do i have to wait till that candle closes. I've been waiting for the candle to close to enter and seemed when i did this we were in over sold territory on one of the stochs.

Hope the bears were good to you guys last night!
A woman drove me to drink, and I forgot to thank her
  • #1,342
  • Nov 20, 2008 9:49am Nov 20, 2008 9:49am
Quoting simpleguy
I'm looking at a potential short. All indicators told me to go except for the crossing emas. Now i'm sitting here waiting to see if they cross to enter the trade. My question:

Do I enter as soon as it shows a good cross

or

Do i have to wait till that candle closes. I've been waiting for the candle to close to enter and seemed when i did this we were in over sold territory on one of the stochs.

Hope the bears were good to you guys last night!
Hi, entries are triggered on close prices only...a lot can happen in the dying seconds of a candle/bar, where a potential signal vanishes ...can be frustrating, but it's never too long until the next signal using the 5min.
  • #1,343
  • Nov 20, 2008 10:47am Nov 20, 2008 10:47am
Hey Guys,

Hope everyone is having a good day. I've been sleeping from last nights session, made a lot of pips last night...lost count but it was +36 or so.

Anyway... I drew up some trend lines last night that appear to be holding strong today. I adjusted em. May see some good moves towards the end of the session today.
Attached Image (click to enlarge)
Click to Enlarge Name: us session tl 11-20-08.gif Size: 50 KB
  • #1,344
  • Nov 20, 2008 11:08am Nov 20, 2008 11:08am
Quoting eddiegrey
Hey Guys,

Hope everyone is having a good day. I've been sleeping from last nights session, made a lot of pips last night...lost count but it was +36 or so.

Anyway... I drew up some trend lines last night that appear to be holding strong today. I adjusted em. May see some good moves towards the end of the session today.

Hey Eddie, nice trading! The Force has been great at picking out the turning points in both directions today, within a relatively narrower range than of late. Like you say, this could bode well for later in the session, or perhaps we'll see more of the same...100 up, 100 down, 50 up....etc.

I'll probably have an extended day here, to see what comes up, just in case another monster move materialises.
  • #1,345
  • Nov 20, 2008 11:35am Nov 20, 2008 11:35am
A nice +12 pips long move. Still going up
  • #1,346
  • Nov 20, 2008 11:44am Nov 20, 2008 11:44am
Quoting Darth Vader
A nice +12 pips long move. Still going up
I guess it was a valid enter.
Attached Image (click to enlarge)
Click to Enlarge Name: Dibujo.jpg Size: 70 KB
  • #1,347
  • Nov 20, 2008 11:47am Nov 20, 2008 11:47am
Long
Attached Image (click to enlarge)
Click to Enlarge Name: chart_Landi(2).GIF Size: 58 KB
--L
  • #1,348
  • Nov 20, 2008 11:49am Nov 20, 2008 11:49am
Quoting Darth Vader
A nice +12 pips long move. Still going up
yes, and a nice short pending perhaps
  • #1,349
  • Nov 20, 2008 1:32pm Nov 20, 2008 1:32pm
Hi Guyz,

taught my wife on this strategy and she pipped 22pips
lol
  • #1,350
  • Nov 20, 2008 1:33pm Nov 20, 2008 1:33pm
Quoting Naijafx
Hi Guyz,

taught my wife on this strategy and she pipped 22pips
lol

excellent
  • #1,351
  • Nov 20, 2008 2:15pm Nov 20, 2008 2:15pm
Quoting Naijafx
Hi Guyz,

taught my wife on this strategy and she pipped 22pips
lol
My wife took me today's pips
lol
  • #1,352
  • Nov 20, 2008 2:39pm Nov 20, 2008 2:39pm
Quoting Darth Vader
My wife took me today's pips
lol
pippin ain't easy brother!
  • #1,353
  • Nov 20, 2008 4:32pm Nov 20, 2008 4:32pm
Just wanted to thank you, ForexJedi. I praise your system and give you the highest kudos possible for all the work you've done on it. Simple and efficient. Making money left and right... or rather up and down... Can't say enough good things... And thanx for showing us. May The Force Be With You!!

Tom
  • #1,354
  • Nov 20, 2008 4:35pm Nov 20, 2008 4:35pm
Hello all how are you?
Привет все как дела?
Gru all was vertat?
  • #1,355
  • Nov 20, 2008 4:42pm Nov 20, 2008 4:42pm
FJ

just wanted to remind you that since trading with you, particularly now that we trade live with you, I have had no losses.

Not bad FJ, thank you.....

.....and may the Force be with you!
What you do is a reflection of you....what I do is a reflection of me.
  • #1,356
  • Nov 20, 2008 5:51pm Nov 20, 2008 5:51pm
Price close to support dating back to last month. Should be interesting to see what happens.....hopefully bounce off it.
What you do is a reflection of you....what I do is a reflection of me.
  • #1,357
  • Nov 20, 2008 6:48pm Nov 20, 2008 6:48pm
Trading live is awesome because I don't make stupid mistakes. I got people to talk me out of it, finally!
  • #1,358
  • Nov 20, 2008 6:57pm Nov 20, 2008 6:57pm
Quoting Ezzy
Price close to support dating back to last month. Should be interesting to see what happens.....hopefully bounce off it.
Yea..I kept waiting for the bounce this afternoon and it just kept dropping...then retraced back up. I haven't looked at a chart tonight. Check my trade journal...I was ready to go...good thing I didn't haha.
  • #1,359
  • Nov 20, 2008 7:39pm Nov 20, 2008 7:39pm
Quoting eddiegrey
Trading live is awesome because I don't make stupid mistakes. I got people to talk me out of it, finally!
I hear you Eddie...... same with me mate!!
What you do is a reflection of you....what I do is a reflection of me.
  • #1,360
  • Nov 20, 2008 9:18pm Nov 20, 2008 9:18pm
Quoting eddiegrey
Yea..I kept waiting for the bounce this afternoon and it just kept dropping...then retraced back up. I haven't looked at a chart tonight. Check my trade journal...I was ready to go...good thing I didn't haha.
I don't think it quite hit the support for over the last month, it kinda bounced of the support TL set in the last fortnight......I think.
What you do is a reflection of you....what I do is a reflection of me.
0 traders viewing now