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The Force 5min system

  • #2,101
  • Jan 25, 2009 10:54am Jan 25, 2009 10:54am
Hi, Any one know of a system named (ATM) and if it is in forex factory ? [email protected]
  • #2,102
  • Jan 25, 2009 1:54pm Jan 25, 2009 1:54pm
Robdee,

Thanks for posting your trades.... been a terrible week for me... not trading the force. Every time I move away from the Force Rules and start trying to catch every move all my hard work goes out the window.

An excellent example was waiting for the low... I was expecting a low so was trying to buy when I thought the low was in place. Big mistake.

Should have just waited, let the low prove itself and brought using the force signal.......

No brain explosions this week and will be following the rules.
  • #2,103
  • Jan 25, 2009 5:47pm Jan 25, 2009 5:47pm
Ill pm you bobcat275
  • #2,104
  • Jan 26, 2009 9:40pm Jan 26, 2009 9:40pm
Whole day with no posts here, shame shame, must be a holiday

One thing I like is that there is a lil "give" to the system. Due to time constraints I missed a few trigger bars, but was able to "see the trend" and decided to hop on a few bars late. Overall a black day, but still had opportunity loss because I had to other business take up a few hours of my time and closed instead of modified the orders. Happy I protected my profits that I did make though. Still sloppy with TP and SL levels, I need to a) pay more attention to setting them and b) modify them after the order is placed if they are incorrect. (just figured out you could do this without any penalty)
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  • #2,105
  • Jan 27, 2009 2:37am Jan 27, 2009 2:37am
Possible impulsereversal
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  • #2,106
  • Jan 27, 2009 4:47am Jan 27, 2009 4:47am
I have no clue what you are doing in this chart. Could you please explain.


Quoting Big Weir
Possible impulsereversal
A woman drove me to drink, and I forgot to thank her
  • #2,107
  • Jan 27, 2009 6:40am Jan 27, 2009 6:40am
A good morning for the force, only 1 losing trade. I haven't counted the big spike up from news.

Thanks jedi!!
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  • #2,108
  • Jan 27, 2009 6:56am Jan 27, 2009 6:56am
Hello All

I just wanted to show the very nice H&S and the trend change we had, once the trend line was broken and the last low.
It matched also a Phisc level at 1.3200.

Now following the down trend.

I added some indicators, but please dont take them in mind, since they are not part of this system.

Regards
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  • #2,109
  • Edited 9:45pm Jan 27, 2009 9:21pm | Edited 9:45pm
Hello All,

I've been reading/studying this thread for a while and have begun trading with this system. Great system! And it's great being a 'fly on the wall' as you 'pros' work this system.

I've just begun using The Force and on a demo account earlier today, I gained about 80 pips in 2 trades on the EUR/USD. Felt good.

However, I made 2 trades on my live account, and both were losses (small losses, but losses nonetheless).

Below are the 2 trades, I've marked my entry points. I went short on both. And both were stopped out. Not sure if I entered early or if these were these valid trades/entry points. Please help out with some feedback.

Thanks mountains, Discipulo
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  • #2,110
  • Jan 27, 2009 10:59pm Jan 27, 2009 10:59pm
I'm not an expert, but I don't show your first one as valid. On my chart the EMA's did not actually cross, got within .2 pips of each other. (On a 5 deci chart)

The second one I have as valid, can't win them all.

You weren't able to get on the Long at 3:15, I missed it too.
  • #2,111
  • Jan 27, 2009 11:08pm Jan 27, 2009 11:08pm
Quoting FX_Discipulo
Hello All,

I've been reading/studying this thread for a while and have begun trading with this system. Great system! And it's great being a 'fly on the wall' as you 'pros' work this system.

I've just begun using The Force and on a demo account earlier today, I gained about 80 pips in 2 trades on the EUR/USD. Felt good.

However, I made 2 trades on my live account, and both were losses (small losses, but losses nonetheless).

Below are the 2 trades, I've marked my entry points. I went short on both. And both were stopped out. Not sure if...
Just something I saw even though your ema, stochs had crossed and Macd was lower your entry candle had not closed lower than the previous candle.

I am only new to the system too but I sure thats one of the entry requirements on the first post.

Big Weir
  • #2,112
  • Jan 27, 2009 11:29pm Jan 27, 2009 11:29pm
Quoting Big Weir
Just something I saw even though your ema, stochs had crossed and Macd was lower your entry candle had not closed lower than the previous candle.

I am only new to the system too but I sure thats one of the entry requirements on the first post.

Big Weir
Thanks, I hadn't paid enough attention that the entry candle should 'close' below the previous candle's close.

Discipulo
  • #2,113
  • Jan 27, 2009 11:34pm Jan 27, 2009 11:34pm
Quoting Murte
I'm not an expert, but I don't show your first one as valid. On my chart the EMA's did not actually cross, got within .2 pips of each other. (On a 5 deci chart)

The second one I have as valid, can't win them all.

You weren't able to get on the Long at 3:15, I missed it too.
Thanks for the feedback, but my chart shows they crossed. I've attached it highlighting the cross. However, as BW pointed out, the 'entry candle' did not close below the previous candle.

Thanks, Discipulo
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  • #2,114
  • Jan 27, 2009 11:50pm Jan 27, 2009 11:50pm
Quoting FX_Discipulo
Thanks for the feedback, but my chart shows they crossed. I've attached it highlighting the cross. However, as BW pointed out, the 'entry candle' did not close below the previous candle.

Thanks, Discipulo
The first page of the method says that the "signal" candle would have to close below it's open not the previous candle. Also, the signal candle would be the one prior to your entry.
  • #2,115
  • Jan 28, 2009 12:07am Jan 28, 2009 12:07am
Quoting trader_scott
The first page of the method says that the "signal" candle would have to close below it's open not the previous candle. Also, the signal candle would be the one prior to your entry.
Thanks thats helped me too, LOL I've been entering a candle late!!!!

Cheers

Big Weir
  • #2,116
  • Jan 28, 2009 12:13am Jan 28, 2009 12:13am
Quoting trader_scott
The first page of the method says that the "signal" candle would have to close below it's open not the previous candle. Also, the signal candle would be the one prior to your entry.
Thanks Trader. So based on what you see, do these entries appear valid entries? Or is there something I've missed?

Discipulo
  • #2,117
  • Jan 28, 2009 1:38am Jan 28, 2009 1:38am
Quoting FX_Discipulo
Thanks Trader. So based on what you see, do these entries appear valid entries? Or is there something I've missed?

Discipulo
I may be wrong but I don't believe so as both candles close higher than they opened therefore not valid.

Please tell me if I am wrong.

Big Weir
  • #2,118
  • Edited 4:07am Jan 28, 2009 3:39am | Edited 4:07am
Just to be cristal clear, is the how a trade entry should be; or am I a candle out?


Big Weir
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  • #2,119
  • Jan 28, 2009 7:54am Jan 28, 2009 7:54am
Quoting Big Weir
Just to be cristal clear, is the how a trade entry should be; or am I a candle out?


Big Weir
BW,

It looks good to me. According to the basic rules, you should not enter any sooner:

Trade signals are only confirmed on closed candles/bars.

So, you enter the trade asap upon the appearance of what you've marked as the 'entry candle.'

Good job. Hope you made some pips on this one ...

Discipulo
  • #2,120
  • Jan 28, 2009 8:50am Jan 28, 2009 8:50am
Quoting Big Weir
Just to be cristal clear, is the how a trade entry should be; or am I a candle out?


Big Weir
You did it right according to the "advanced" rules. You got in after a stoch divergence, and bounce off a upper trend line. The basic rules would've gotten you in the move 6 bars prior to your signal candle. But, that's how every trade should be ! Congrats
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