What you do is a reflection of you....what I do is a reflection of me.
5min Bollinger breakout system 42 replies
My journal on The Force 5min system 5 replies
DislikedSo why did RobD & FJ leave?Ignored
DislikedI still use the system.
Any question in particular ask and I will try and help.
good luck and happy pips!Ignored
DislikedHi, I am just reading through this thread.
Just trying to understand the basics.
Does my chart show a valid signal?
DislikedNot sure exactly why they left but I do know the Jedi was frustrated about some thing and some people on the Vforce thread awhile back and Robdee was sick. But I do not know for certain why.Ignored
DislikedI could certainly understand an illness....Ignored
DislikedAnother thing I have been thinking about is keeping the purity of the force 5 system, yet adapting it to my personality. The adaptions I do may not work for others. I strive to have rules set up that are so cut and dry on entry and exits that trading becomes very boring.
DislikedHi Simple & thanks for the reply!
The chart shows EUR/USD and of course you are right the main trend was UP.
But now comes the question: from which timeframe do you get your main trend? How long does a trend has to last to become a main trend and when do you see a reversal?
Do you watch the 5-15-60 min to get the main trend direction? Or do you even count the dailies in?
The 5 min is very erratic by itīs nature and I always have troubles to decide from what time frame I should take the main trend.
Itīs very sad that the owner of this thread...Ignored
I am still using the Force 5 and liking it.
One area where I have made a few mistakes is no entry 30 min before major news is anounced. So now I have an note card showing the news times with the corresponding candle where if hit, no entries. For instance if 7:00 is the news announcement my last candle for entry is close of 6:25.
Another thing I have been thinking about is keeping the purity of the force 5 system, yet adapting it to my personality. The adaptions I do may not work for others. I strive to have rules set up that are...Ignored
would you mind telling more about your additional set of rules?
I too have the feeling that I am missing somthing which keeps me away from the choppy times.
Taking only signals where both Stochs came from 20 or 80 filters out many good trades.
DislikedAttached chart. figuring out how to do this. looks like I got it!!!
Now I am going to try to make this board more active. My downfall is my poor typing skills.Ignored
DislikedI notice you are using the RSI, how is that acting in this system? I'm actually right now looking to create an alert when the stochs, macd, and MA are all moving in the same direction. that way I can still look at the chart and makethe choice too go in or not.
good luck and happy pippin!Ignored