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5-min PASS (Price Action Scalper System)

  • #1,521
  • Mar 24, 2011 5:34am Mar 24, 2011 5:34am
Quoting PurePrice
That is the template

it applies all the proper indicators with the same settings as myself to the charts once you apply the template, so you dont need to add indicators or change settings yourself.
do i put it under custom indicators on MT4 or where do i place it?
  • #1,522
  • Mar 24, 2011 5:59am Mar 24, 2011 5:59am
UJ has been largely ranging, what do you think about this setup though?
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.JPG Size: 82 KB
  • #1,523
  • Mar 24, 2011 6:24am Mar 24, 2011 6:24am
Quoting kimoh
do i put it under custom indicators on MT4 or where do i place it?

copy the .tpl into MT4's template folder.
then open your MT4, open your chart.

right-click on the chart, choose template and choose 'pass'
dats it, you're done.
  • #1,524
  • Mar 24, 2011 6:36am Mar 24, 2011 6:36am
Quoting PurePrice
this pair has bounced back up to minor support (can be now new resistance) around 16190-16200 .. might be a reentry short here

anyone take this entry for +30 pips??
  • #1,525
  • Mar 24, 2011 6:37am Mar 24, 2011 6:37am
Quoting kimoh
UJ has been largely ranging, what do you think about this setup though?

Looks like a nice entry on 5-min .. I dont trade this pair so, I am not sure what the higher time frame are doing
  • #1,526
  • Mar 24, 2011 6:39am Mar 24, 2011 6:39am
Quoting PurePrice
Looks like a nice entry on 5-min .. I dont trade this pair so, I am not sure what the higher time frame are doing
I just checked the higher TF, and everythign looks liek a flat line .. this is a trade I would AVOID at all cost, as there is no clear direction ... stay as far away from this as possible until you get a nice breakout either way.
  • #1,527
  • Mar 24, 2011 6:40am Mar 24, 2011 6:40am
Quoting PurePrice
I just checked the higher TF, and everythign looks liek a flat line .. this is a trade I would AVOID at all cost, as there is no clear direction ... stay as far away from this as possible until you get a nice breakout either way.

I would consider eurjpy instead as it is is now looking like it is going south
  • #1,528
  • Mar 24, 2011 6:42am Mar 24, 2011 6:42am
Quoting PurePrice
anyone take this entry for +30 pips??
here is the entry I was referring to.. had to wat till after news at 8:30
Attached Image (click to enlarge)
Click to Enlarge Name: mt19.gif Size: 32 KB
  • #1,529
  • Mar 24, 2011 6:51am Mar 24, 2011 6:51am
Hi, PurePrice!
I took that at 1.6170 tp 1.6150 +20 pips
  • #1,530
  • Mar 24, 2011 6:52am Mar 24, 2011 6:52am
Quoting PurePrice
here is the entry I was referring to.. had to wat till after news at 8:30
Excellent entry... I waited till the downward breakout at 16166 :-( ... Still in trade and if I am lucky, I reckon this move will go all the way to 16120 at least which is the Monthly and Weekly pivot levels.

What do you think PP?
  • #1,531
  • Mar 24, 2011 6:59am Mar 24, 2011 6:59am
Quoting Anu_
Excellent entry... I waited till the downward breakout at 16166 :-( ... Still in trade and if I am lucky, I reckon this move will go all the way to 16120 at least which is the Monthly and Weekly pivot levels.

What do you think PP?
Looks like it already bounced off 16130 or so ... So I am not sure.
  • #1,532
  • Mar 24, 2011 7:01am Mar 24, 2011 7:01am
Quoting PurePrice
Looks like it already bounced off 16130 or so ... So I am not sure.

I hope you took some profit off the table at leat with +30 pips
  • #1,533
  • Mar 24, 2011 7:04am Mar 24, 2011 7:04am
Quoting alesha77
Hi, PurePrice!
I took that at 1.6170 tp 1.6150 +20 pips

good work alesha .. you seem to be getting the hang of this sytem .. have you been following for a while now??
  • #1,534
  • Mar 24, 2011 7:12am Mar 24, 2011 7:12am
Hey pp

why did you not post when you entered?

thanks
  • #1,535
  • Mar 24, 2011 7:16am Mar 24, 2011 7:16am
Quoting PurePrice
I hope you took some profit off the table at leat with +30 pips
Yes, it was very fast and luckily got 25 pips out of it for half and other half is at BE now ...
  • #1,536
  • Mar 24, 2011 7:20am Mar 24, 2011 7:20am
Quoting PurePrice
good work alesha .. you seem to be getting the hang of this sytem .. have you been following for a while now??
Thanks. I paid attention to this thread from its beginning. I tried to do something similar before, but this system gave me well defined set of rules.
Thanks for sharing it!
  • #1,537
  • Mar 24, 2011 7:22am Mar 24, 2011 7:22am
Quoting FOURX
Hey pp

why did you not post when you entered?

thanks
I did mention the trade prior to it hapening, did I not????

I had to drop off my daughter and had no time to post as I was going out the door.
  • #1,538
  • Mar 24, 2011 7:23am Mar 24, 2011 7:23am
Quoting Anu_
Yes, it was very fast and luckily got 25 pips out of it for half and other half is at BE now ...

good work
  • #1,539
  • Mar 24, 2011 7:23am Mar 24, 2011 7:23am
Quoting alesha77
Thanks. I paid attention to this thread from its beginning. I tried to do something similar before, but this system gave me well defined set of rules.
Thanks for sharing it!
no worries. I am glad you find this useful... keep up the good work
  • #1,540
  • Mar 24, 2011 7:27am Mar 24, 2011 7:27am
Quoting PurePrice
I did mention the trade prior to it hapening, did I not????

I had to drop off my daughter and had no time to post as I was going out the door.
ok sure

thanks
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