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5-min PASS (Price Action Scalper System)

  • #1,321
  • Mar 17, 2011 7:20pm Mar 17, 2011 7:20pm
Quoting newjv
i cant find a pair to trade this.. maybe chf/jpy

JP already moved 200 pips
  • #1,322
  • Mar 17, 2011 7:21pm Mar 17, 2011 7:21pm
Quoting PurePrice
JP already moved 200 pips
I like eurjpy .. may hit 114
  • #1,323
  • Mar 17, 2011 7:27pm Mar 17, 2011 7:27pm
most pairs hav problem with one hour emas.. damn.
  • #1,324
  • Mar 17, 2011 7:33pm Mar 17, 2011 7:33pm
I am not at the computer but I have an application that gives live quotes on my nokia n 85-3.It shows that the yen is weakening against the eur.
With God all things are possible.
  • #1,325
  • Mar 17, 2011 7:36pm Mar 17, 2011 7:36pm
Hope you guys get those pips.
With God all things are possible.
  • #1,326
  • Mar 17, 2011 7:37pm Mar 17, 2011 7:37pm
Quoting Dehyah
I am not at the computer but I have an application that gives live quotes on my nokia n 85-3.It shows that the yen is weakening against the eur.
yes to the tune of 300 pips
  • #1,327
  • Mar 17, 2011 7:38pm Mar 17, 2011 7:38pm
Quoting newjv
most pairs hav problem with one hour emas.. damn.

no EMAs are gonna help in this case
  • #1,328
  • Mar 17, 2011 7:39pm Mar 17, 2011 7:39pm
Quoting PurePrice
I like eurjpy .. may hit 114

114 almost hit .. got to 113.96 on my platform
  • #1,329
  • Mar 17, 2011 7:42pm Mar 17, 2011 7:42pm
It went over 114 then retraced.
With God all things are possible.
  • #1,330
  • Mar 17, 2011 7:43pm Mar 17, 2011 7:43pm
if only i threw away those rules.. but... no thanks.
  • #1,331
  • Mar 17, 2011 7:46pm Mar 17, 2011 7:46pm
Quoting Dehyah
It went over 114 then retraced.

maybe we should jump back in again
  • #1,332
  • Mar 17, 2011 7:47pm Mar 17, 2011 7:47pm
Quoting PurePrice
maybe we should jump back in again
hmmm even 81.00 maybe a good place in usdjpy
  • #1,333
  • Mar 17, 2011 7:49pm Mar 17, 2011 7:49pm
Someone from another thread said she made $11,000 yesterday when the yen strengthen against the usd.
With God all things are possible.
  • #1,334
  • Mar 17, 2011 8:16pm Mar 17, 2011 8:16pm
Quoting Dehyah
Someone from another thread said she made $11,000 yesterday when the yen strengthen against the usd.

That is nice .. wish i coud make that kindda money
  • #1,335
  • Mar 17, 2011 9:20pm Mar 17, 2011 9:20pm
I came on when all the actions are over.Since day light saving time has come into effect,the Asian session has become quite hectic.
With God all things are possible.
  • #1,336
  • Edited 10:46pm Mar 17, 2011 10:33pm | Edited 10:46pm
Quoting PurePrice
JP already moved 200 pips

I got that move man. I am still in it and am about to close it,.....no need to be greedy.

The G-7 nations have intervened on the Jap yen in view of the nuclear disaster they have over there. That is why the market is going crazy man.

I have already doubled the $300 account I had and some more in less than 2-weeks.

I have not been trading much since my last post,..........work and family issues man!!
Attached Image (click to enlarge)
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  • #1,337
  • Mar 17, 2011 10:38pm Mar 17, 2011 10:38pm
That is another trade and a similar system I use on the New Zealand pair.

I had to chicken out because I was goin to take a nap.
Attached Image (click to enlarge)
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  • #1,338
  • Mar 17, 2011 10:44pm Mar 17, 2011 10:44pm
My trades for the past two-weeks. I hope to continue like this. Wish everybody Green Pips !!!

God bless
Attached Image (click to enlarge)
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  • #1,339
  • Mar 18, 2011 12:40am Mar 18, 2011 12:40am
Quoting PurePrice
Attachment Here is a system that you will love.

It is simple and very effective.

Edit March 04. 2011: Please check posts #909-#911 for alternative entry and re-entry into the trade.

1- Follow the rules in the PDF. You can read them below as well...

2- Watch the screen a few days.

3- Practise the method.

4- Exercise good money management (1% - 2% per trade)

5- Make pips.

6- Do it all over again.

Will post tomorrow morning during NY open. but for those of you in EU/London .. you can get a head start on...


Hey when you say for long hk candles must be blue and whole price candle needs to stay above hk candle(the inverse for a short position) i really dont understand what you mean. Do you mean the candles whole body must stay above the previous candle as far as closing below the previous candles lows?
  • #1,340
  • Mar 18, 2011 2:46am Mar 18, 2011 2:46am
Quoting maxwell-eqtn
My trades for the past two-weeks. I hope to continue like this. Wish everybody Green Pips !!!

God bless
Hello PurePrice and everyone! I've just finished reading through the thread. I should be back up and running next week - my desktop system doesn't have internet at the moment and I'm anxious to try this system. I really like the 6 and 12 MAs and the system in general. I think it's great that you constantly remind everyone to watch for s/r, pp, round numbers, higher tf trends, news, etc.. since these are the reasons we get caught out there sometimes.

Maxwell, excellent results! I'm wondering if you can explain the HA multi tf indicator a bit. Does the size of the bars make a difference? Or when its half blue, half black? Also, what triggered that huge yen trade, just a break of the trendline/fractals?

Thank you everyone for your contributions to this thread. The charts are clear and understandable and I hope to be able to contribute as well.
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