DislikedIf you train your eye you will one day see what I wasn't be able to see it before. With all help FJ you can not ask for better place to trade!
JackIgnored
Intresting finding or simply statistic: 5min candel 14 replies
5min Bollinger breakout system 42 replies
My journal on The Force 5min system 5 replies
DislikedIf you train your eye you will one day see what I wasn't be able to see it before. With all help FJ you can not ask for better place to trade!
JackIgnored
Dislikedin a strong market, what do you do when the stochs cross before the ma's?Ignored
DislikedAnother big bull day for the euro this Monday cranking out 255 pips in the range.
London Close at 17:00 gmt was a typical retrace setup but only 40 pips were available before bulls took over again at 1:30pm ET.
A double top prior to the London Close short signal provided evidence of resistance. A double bottom prior to the long signal provided evidence of support.
http://i33.tinypic.com/2ypnded.gif
What we ended up with at NY close was a 'rising wedge' or 'diagonal triangle' which is a [b]termination...Ignored
DislikedDrawing the new long term TLs I realised we now have an almost complete symmetrical triangle continuation pattern. This is a long term view so could take quite a while to see a breakout...
http://i35.tinypic.com/2d1tu7c.gifIgnored
DislikedThanks Robdee love your stuff here.Please keep 'em coming.
D and E provided perfect trades in terms of the advanced system as opposed to many of your examples which are shorter term original system trades. Of course if you can get into a trade from D and E and catch the break out then that gets really interesting!!
Thanks again jedi.
CheersIgnored
DislikedAfter the bulls had their fun with a 200 pip rally to 1.3000 it was quite likely a retrace would give some pippage sometime after the London Close. That is what happened.
Two candles after 3000 (day high + psych level) was reached we had an obvious sell signal giving an entry of 2979. This proceeded down more steeply than expected for a quick +50 run.
Nine candles then consolidated above 2915. I observed that the consolidation period was complete when a bearish 'outside bar' showed the start of the next leg down. This second...Ignored