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The Force 5min system

  • #2,881
  • Jan 22, 2010 3:37pm Jan 22, 2010 3:37pm
Quoting simpleguy
I Just downloaded this trading simulator and it is very nice. I have it set up that a 5 min bar goes every 30 seconds. I normally do about a months of trading in 20 minutes or so. It is helping a lot and this is after doing the system for over a year now. I am also using it to learn another system I'm implementing. I have seen and trading about 2 years of bars with it and I'm getting it into my head quicker than I thought was believable. I highly recommend using it. To make it simple, even pro athletes practice daily to get better at what they do....
Hey Simple,

I know I had seen this earlier in posts but havent been able to fing again. In fact, there was another one that people seemed to like better. I couldnt get the other one to download and then I never bothered with this one.
I am very untechy...s easy to install and use? I'd love to practice this and 2 other systems I am studying for longer term trades.

Thanks, Scott
  • #2,882
  • Jan 28, 2010 6:51pm Jan 28, 2010 6:51pm
Hi everyone in Force 5

I decided I am going to work Tokyo open whenever I can. Today was the first day and started it off with a great move.

30+ pips

You will notice Daily Pivot, WeeklyS1, Monthly S1 are all in the same area. Should be great resistance/support to play off of if price gets back to it.

Rufus
Attached Image (click to enlarge)
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #2,883
  • Feb 3, 2010 10:40am Feb 3, 2010 10:40am
Couldn't hold my eyes open last night to catch one move. Did get one this morning. I left a little on to run if we get a large move. Good 30 pip move so far.

Rufus
Attached Image (click to enlarge)
Click to Enlarge Name: 2-3 force.gif Size: 25 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #2,884
  • Feb 11, 2010 7:35am Feb 11, 2010 7:35am
Quoting Rufus
Couldn't hold my eyes open last night to catch one move. Did get one this morning. I left a little on to run if we get a large move. Good 30 pip move so far.

Rufus
Hi everyone

I haven't posted here for sometime, however I just wanted to share how good (and simple) this system can be after much practice.

Tonight's (Oz time) EUR offered a sweet run off the 1.3000, the run down was confirmed by lower lows and price aligning along the trend line. Price is begining to find support at approx 1.3713 where it has been big resistance in the past.

GU also gave us a nice run down, off a double top just above daily pivot. Price never broke through the first high and then made its way down. Price finding support at yesterday's low.

I kinda wish all days were like today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 16 KB
Click to Enlarge Name: gu.gif Size: 17 KB
What you do is a reflection of you....what I do is a reflection of me.
  • #2,885
  • Feb 11, 2010 8:03am Feb 11, 2010 8:03am
Quoting Ezzy
Hi everyone

I haven't posted here for sometime, however I just wanted to share how good (and simple) this system can be after much practice.

Tonight's (Oz time) EUR offered a sweet run off the 1.3000, the run down was confirmed by lower lows and price aligning along the trend line. Price is begining to find support at approx 1.3713 where it has been big resistance in the past.

GU also gave us a nice run down, off a double top just above daily pivot. Price never broke through the first high and then made its way down. Price finding support...

Hi Ezzy

Good to see you around here again.

I watched the EU hit that top last night. but couldn't stay awake to watch it confirm the downward trend. So hit I the hay. Great to hear yoiu are out there collecting pips with the force.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #2,886
  • Feb 11, 2010 11:49am Feb 11, 2010 11:49am
Ezzy!

Nice to hear from you! How's the 4x world been treating you?

[quote=Ezzy;3455099]Hi everyone

I haven't posted here for sometime, however I just wanted to share how good (and simple) this system can be after much practice.
A woman drove me to drink, and I forgot to thank her
  • #2,887
  • Feb 11, 2010 11:58am Feb 11, 2010 11:58am
Quoting Rufus
Couldn't hold my eyes open last night to catch one move. Did get one this morning. I left a little on to run if we get a large move. Good 30 pip move so far.

Rufus
Havn't been trading this system for a long time now, but I've been following the thread a bit, and it seems this system has gotten more complex. Is it because the original rules no longer produced the pips they once have?, and how have your guys performance with this system been recently, as to the last 6 months?

thanks
big
  • #2,888
  • Feb 11, 2010 12:38pm Feb 11, 2010 12:38pm
I don't think the system has changed at all, atleast I have not changed the way I do it since Jedi and Robdee taught me. the results are okay but I do not get a lot of trades any more. The one's I do are normally in the mid 20 pip gains showing success around 8/10 times. This is good for my personal goals and MM system I have in place.

Hope that helps!

Simple

Good day and happy pips



Quoting big_pipin
Havn't been trading this system for a long time now, but I've been following the thread a bit, and it seems this system has gotten more complex. Is it because the original rules no longer produced the pips they once have?, and how have your guys performance with this system been recently, as to the last 6 months?

thanks
big
A woman drove me to drink, and I forgot to thank her
  • #2,889
  • Feb 11, 2010 2:07pm Feb 11, 2010 2:07pm
Quoting simpleguy
I don't think the system has changed at all, atleast I have not changed the way I do it since Jedi and Robdee taught me. the results are okay but I do not get a lot of trades any more. The one's I do are normally in the mid 20 pip gains showing success around 8/10 times. This is good for my personal goals and MM system I have in place.

Hope that helps!

Simple

Good day and happy pips
Do you trade other methods that can produce more pips, or is this the only way you trade?
  • #2,890
  • Feb 11, 2010 2:55pm Feb 11, 2010 2:55pm
I do trade a few other methods and for right now they are producing more pips for me. To be honest when this system was producing big, they were not. It's kinda like a diversified portfolio, everything has it's time and place. Send me a PM if you want to know about the others, I don't talk about other system on a different thread.

This is my main focus. My main goal is to have three trades that make +10 pips a day. I close out half my trade after 10 pips. I trade 4 minis per trade and sell off two at +10 and move SL to BE. If I only get to 10 pips thats $60/day. $300/wk, $1200/month. right now at this stage of the game I'm okay with this. about evey other month I will increase my lots with soon to hope not to have to risk even a 1% a trade.

Simple




Quoting big_pipin
Do you trade other methods that can produce more pips, or is this the only way you trade?
A woman drove me to drink, and I forgot to thank her
  • #2,891
  • Feb 11, 2010 5:52pm Feb 11, 2010 5:52pm
[quote=simpleguy;3456247]Ezzy!

Nice to hear from you! How's the 4x world been treating you?

Quoting Ezzy
Hi everyone

I haven't posted here for sometime, however I just wanted to share how good (and simple) this system can be after much practice.
Simple! how are things brother!

4x is treating me OK, like you I have been investing time in diversifying as well. Happy to be back on this thread, I will spend a bit more time here from now on.

Cheers
What you do is a reflection of you....what I do is a reflection of me.
  • #2,892
  • Feb 11, 2010 9:18pm Feb 11, 2010 9:18pm
Quoting Ezzy
Hi everyone

I haven't posted here for sometime, however I just wanted to share how good (and simple) this system can be after much practice.

Tonight's (Oz time) EUR offered a sweet run off the 1.3000, the run down was confirmed by lower lows and price aligning along the trend line. Price is begining to find support at approx 1.3713 where it has been big resistance in the past.

GU also gave us a nice run down, off a double top just above daily pivot. Price never broke through the first high and then made its way down. Price finding support at...
Just a quick note for those who are new to this system.

I have not taken this trade as the owner of this thread has recommended with good reason not to trade it during the asian session.

Just wanted to highlight the importance of trendlines and how it offers strong support/resistance.

Both signals of the trendlines offering some potential pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 20 KB
What you do is a reflection of you....what I do is a reflection of me.
  • #2,893
  • Feb 11, 2010 9:22pm Feb 11, 2010 9:22pm
Quoting Ezzy
Just a quick note for those who are new to this system.

I have not taken this trade as the owner of this thread has recommended with good reason not to trade it during the asian session.

Just wanted to highlight the importance of trendlines and how it offers strong support/resistance.

Both signals of the trendlines offering some potential pips.

Hey Ezzy

I was sitting here watching the same one.

The trendlines with the pivots have got to be the key pieces to trading this system. I also use the Daily open like a pivot.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #2,894
  • Feb 11, 2010 10:36pm Feb 11, 2010 10:36pm
Quoting Rufus
Hey Ezzy

I was sitting here watching the same one.

The trendlines with the pivots have got to be the key pieces to trading this system. I also use the Daily open like a pivot.

Rufus
Hi Rufus

I agree, I also use yesterdays high and yeterdays low, they usually offere fairly strong s/r.

Cheers mate
What you do is a reflection of you....what I do is a reflection of me.
  • #2,895
  • Feb 12, 2010 2:46am Feb 12, 2010 2:46am
Another great force trade, looking for about 50 pips target. The signal that made the damage was coming of the trendline and breaking through support.

After much practice, study, patience and time, these set ups are not very hard to spot.

Cheers to all.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 17 KB
What you do is a reflection of you....what I do is a reflection of me.
  • #2,896
  • Feb 12, 2010 6:47pm Feb 12, 2010 6:47pm
Just wondering if anyone knows if we still have a Force chat room.
What you do is a reflection of you....what I do is a reflection of me.
  • #2,897
  • Feb 12, 2010 9:05pm Feb 12, 2010 9:05pm
Hey Ezzy

No chat room that I know of

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #2,898
  • Feb 15, 2010 7:36pm Feb 15, 2010 7:36pm
I have just finished reading the entire thread and am very impressed with the system and grateful for the time and input that Jedi and others have unselfishly donated.

I see no reason whatsoever to suggest any alterations to The Force but I would like to throw one idea into the ring.

As the whole of the system has a high emphasis on Price Action, why not use Range Bars instead of 5min charts as these show true Price Action with no reference to time. I would suggest using bars with a range of 6 or 7 pips.

I stress that no Force rules are changed, just the style of chart.

I look forward to any comments.

Thanks again.

John
  • #2,899
  • Feb 15, 2010 7:46pm Feb 15, 2010 7:46pm
Hi Johnoz

Are you referring to a bar chart rather then candlesticks? Sorry, I am not sure exactly what you are referring to. If you would like to explain further.....

Cheers

Quoting Johnoz
I have just finished reading the entire thread and am very impressed with the system and grateful for the time and input that Jedi and others have unselfishly donated.

I see no reason whatsoever to suggest any alterations to The Force but I would like to throw one idea into the ring.

As the whole of the system has a high emphasis on Price Action, why not use Range Bars instead of 5min charts as these show true Price Action with no reference to time. I would suggest using bars with a range of 6 or 7 pips.

I stress that no Force rules are changed,...
What you do is a reflection of you....what I do is a reflection of me.
  • #2,900
  • Feb 15, 2010 8:27pm Feb 15, 2010 8:27pm
Looks like Tokyo open brought us a little movement that we can possibly work with latter tonight (tonight for me that is) . Price is quite range bound Monthly pivot, daily R1, and yesterdays high, all above it. It will take a lot to break through on the upside. We will see.

Anyway the Force is still alive and kicking.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
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