The Force 5min system

Hello Traders!

Today was very, very, very good day for EUR/USD.
I made 6 deals:

No.1 - Took this trade because the MACD was red, there was a stoch cross, and 5 EMA cross. Closed 80 % with 10 pip profit and let 20 % run.
No.2 - The same reasons. This trade was tricky. Got in this trade at 1.4273 but my profit was not hit for about 2 hours. Closed 80 % with 10 pip profit and let 20 % run.
No.3 - Opened this trade while trade Nr. 2 was still open. Changed second trade sl to the same level as trade number 3. Closed 80 % with 10 pip profit and let 20 % run.
No.4 - Took this trade because the MACD was red, there was a stoch cross, and 5 EMA cross. Very quickly got 10 pips. Closed 80 % with 10 pip profit and let 20 % run.
No.5 - Took this trade because the MACD was red, there was a stoch cross, and 5 EMA cross. Very quickly got 10 pips. Closed 80 % with 10 pip profit and let 20 % run.
No.6 - Took this trade because the MACD was red, there was a stoch cross, and 5 EMA cross. Very quickly got 10 pips. Closed 80 % with 10 pip profit and let 20 % run.

Every time where there was new lower high I changed the stoploss to that for my 20 % trades.

At the end I wanted to set my stoploss for all trades who were opened at trade no.6 stoploss area but when trend line was broken set it to 1.4165.

So results:
No.1 - Started with 1.00 lot. Closed 0.8 at 10 pip profit (80 $). 20 % that had left was closed with a stoploss at 1.4165 - Profit for 20% (0.2 lots) was 108 pips or 216 $
No.2 - Started with 1.00 lot. Closed 0.8 at 10 pip profit (80 $). 20 % that had left was closed with a stoploss at 1.4165 - Profit for 20% (0.2 lots) was 105 pips or 210 $
No.3 - Started with 1.00 lot. Closed 0.8 at 10 pip profit (80 $). 20 % that had left was closed with a stoploss at 1.4165 - Profit for 20% (0.2 lots) was 106 pips or 212 $
No.4 - Started with 1.00 lot. Closed 0.8 at 10 pip profit (80 $). 20 % that had left was closed with a stoploss at 1.4165 - Profit for 20% (0.2 lots) was 53 pips or 106 $
No.5 - Started with 1.00 lot. Closed 0.8 at 10 pip profit (80 $). 20 % that had left was closed with a stoploss at 1.4165 - Profit for 20% (0.2 lots) was 21 pip or 42 $
No.6 Started with 1.00 lot. Closed 0.8 at 10 pip profit (80 $). 20 % that had left was closed with a stoploss at 1.4165 - Profit for 20% (0.2 lots) was - 5 pips or -(minus) 10 $


Pips made with 80 % - 60 pips or 480 $
Pips made with 20 % - 388 pips or 776 $

If you don't understand something than sorry. English isn't my first language.

Regards

trader100,
Can you please post the templates and indicators that you have used on your chart above? Thanks.

You want me to upload template and indicators ? sorry i don't understand

yes please, upload the templates and indicators that you used on your chart above. Thanks.

I think you have Stoch so I didn't added it.

Regards

Guys i am very happy to announce hereby that the Original Chatroom which was founded by ForexJedi through Ediegrey is back to live. We are happy to welcome everyone who is interested in this System and want to learn or educate, of course that applies to "VForceEUonly" Members too. It was a great and succesful day in the room today and as i can see, Trader100 already posted his review here in the Thread others will follow. So be welcome if you are intersted in the System and trading together with us, of course the Rules from Forexjedi regarding the Thread and the Chatroom are still valid and deeply respected: The System only, no other Indicators no other Pairs. I don´t wanna play the Gatekeeper here but this should be clear in Appreciation to the Founder.

The Chat URL is as follows: http://vforce.tk/

you can loggin via mibbit.com, as far as i know, with mibbit you can´t detach the chatwindow and change the size of it.

Other possibilities are Chat Clients like Ice Chat or Xchat (free 30 day trial), since yesterday i´m using Trillian, a multi chatclient for IRC(where is our chatroom), Yahoo, AIM, ICQ, MSN and what do i know more, the BasicVersion is great for our purposes and it´s completely free. http://www.ceruleanstudios.com/learn/

I have attached the few steps how to connect via Trillian.

Here is a copy out of the Thread how to connect via MIC and Xchat, the settings from IceChat i don´t know but it´s very similar to Xchat i used them in Jan and Feb this year and i can recomend them also.
Server: irc.ircforex.com Port: 6667 (Default IRC port)
Channel: #theforce
Xchat: irc.ircforex.com/6667 channel: #theforce
Mirc: /server irc.ircforex.com channel: #theforce

If you have problems with these Chat Clients connect via Mibbit and we will try to give you assistance.: http://vforce.tk/

See you there,

tick

Here is the third step to connect via Trillian.

tick

Congrats T100, Great Job, that have been Trades like out of the Textbook, keep it up, see you tomorrow.

tick

Trader100,

That was good playing! think those moves come once a week and capitalizing on it is what makes up for the losses endured during the week!!

i didnt trade until your #4 to enter short. i did a three exit approach, 50% at 10pips, 30% and 20pips, and 20% ride based on price action.

i didnt log in to watch the chart unit price was between #3 and #4 trade you have noted on your chart. I dont think i would have entered your #1 and #3. probably because of being conservitve. As for your #5 and $6 trade, i am still trading basic rules so i would not have entered those either. you were applying advanced Force there and it was a perfect set up all the way.

you should consider reviewng the three exit approach. your trade would have produced many more pips and would probably have accounted for 3-4 lossing trades too pending loosing trades stop loss near 12pips.

what was your thought process for entry in all those trades when entering? did you keep a psychological journal or something. i would be curious because this is the harded part to execute at this US am set up unfolded. i was in the chat room with Tick and we were originally going either way but entered short that was equal to your #4 trade. then that was my only trade because i reached my session's goal.

Kind Regards,
T4L

see a possible short signal coming soon! anyone agree or disagree and why?

entered short at 1.4183

SL at 1.4193

I trade like here
http://www.forexfactory.com/showpost...postcount=1512

Hello traders!

Today I discovered something that helps a lot to see what market is doing. Since I've been trading forex for less than a year this was something new for me.
Today market was making very big waves. You can see that very good at 5 min chart (blue quadrangle). Since I don't use this strategy for long time it was confusing for me. In those big waves I saw smaller ones(red lines) even if they were not there. Finally when market started to make smaller ones I could start to make money. I could make money in those big waves too but when I understood how it was too late so I'm going to tell you. I'm sure there are traders who know this but I'm sure there are some who don't.
So anyway if you look at 5 min chart (picture lower) you can see those big waves. In those waves I saw smaller ones but actually they were not even there. Than I changed chart to 15 min chart and I saw that there are no smaller waves and I understood that I could have made money if only I'd knew that. All this time I did nothing even if I could. I just want to say that if you get confused in this kind of situations like I did check out 15 min chart to see if there really are smaller waves.

Just to show how you can be sure that there are smaller waves you can trade I posted one more picture.


I hope this helps to some people who did not knew this.

Regards

Guys i am very happy to announce hereby that the Original Chatroom which was founded by ForexJedi through Ediegrey is back to live. We are happy to welcome everyone who is interested in this System and want to learn or educate, of course that applies to "VForceEUonly" Members too. It was a great and succesful day in the room today and as i can see, Trader100 already posted his review here in the Thread others will follow. So be welcome if you are intersted in the System and trading together with us, of course the Rules from Forexjedi regarding the Thread and the Chatroom are still valid and deeply respected: The System only, no other Indicators no other Pairs. I don´t wanna play the Gatekeeper here but this should be clear in Appreciation to the Founder.

The Chat URL is as follows: http://vforce.tk/

you can loggin via mibbit.com, as far as i know, with mibbit you can´t detach the chatwindow and change the size of it.

Other possibilities are Chat Clients like Ice Chat or Xchat (free 30 day trial), since yesterday i´m using Trillian, a multi chatclient for IRC(where is our chatroom), Yahoo, AIM, ICQ, MSN and what do i know more, the BasicVersion is great for our purposes and it´s completely free. http://www.ceruleanstudios.com/learn/

I have attached the few steps how to connect via Trillian.

Here is a copy out of the Thread how to connect via MIC and Xchat, the settings from IceChat i don´t know but it´s very similar to Xchat i used them in Jan and Feb this year and i can recomend them also.
Server: irc.ircforex.com Port: 6667 (Default IRC port)
Channel: #theforce
Xchat: irc.ircforex.com/6667 channel: #theforce
Mirc: /server irc.ircforex.com channel: #theforce

If you have problems with these Chat Clients connect via Mibbit and we will try to give you assistance.: http://vforce.tk/

See you there,

tick

Tough day today but was great trading with you guys in the room, thanks for the nice community and the friendly helpful people there and thanks to forexjedi for this amazing system, digged out a nice bag of ticks today.

ForexJedi your System Rocks.

cya, tick

Hi Robdee

Seem like a nice system you have here.

is it an indicator that colour the candles on this char and also indicate the different sessions as well as if its adouble bottom, bounce etc.?

If it is an indicator where can i get it?

Lmarti21

I just saw your post. Sorry no one has answered you. Look at post #2577 for the two templet possibilities.

F5 does work well. I have not been tradding much lately, to much going on with work and family right now. Also lately when I have been able to watch the charts things were flat so hard to trade.


Post 1656 is a pdf file on the Force.

Hope this helps you some. I will be checking in once in a while if you have more questions. Hopefully more life will join in here on the Force.

Rufus

Helloooooo is any one home. The Forex market is moving and the board is quiet.

I don't know if there are many reading this board or not any more. But anyway right now the EURUSD has been quite range bound for me a the times I have been able to be in front of my computer.

So I have been working on my overall trading plan and my own personal set of rules. It has been going well. It is truly amazing how much I have in my head about this, and even more difficult to get it on paper.

Back to the EURUSD, I think we will start to see more action here in the near future. NFP is tomorrow, and the summer doldrums will soon be behind us.

So many pips to all

Rufus

hello

thank u for your posting

but i think that trading the 5 minutes contain of a large risk

i like your strategy but i can say something......

if the MACd give us enter but the stocjastic is heading down its a false signature

and what if u put the RSI with them and the condition for entry will be like this

MA crossover
RSI more than 50
stochastic is heading up

then i will enter...with a stop loss near the last swing

thank u

dr.shadi