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5-min PASS (Price Action Scalper System)

  • #1,761
  • Mar 30, 2011 4:44am Mar 30, 2011 4:44am
Quoting PurePrice
canada
ah..... i tot u from the US. cos i'll be going to colorado springs for business trip, i did a bit of research online, but i dont see anything interesting to do down there. have u been there, to colorado springs?

any traders from colorado springs?
  • #1,762
  • Mar 30, 2011 4:45am Mar 30, 2011 4:45am
Quoting kimoh
thanks... i think the heavens just smiled at me today

keep it there and be consistent! good job.
  • #1,763
  • Mar 30, 2011 4:47am Mar 30, 2011 4:47am
Quoting Dehyah
It seems like you spent 8 hrs infront of the screen.
Which country are you from?
from kenya.. apparently all those trades were between 1 and 4am EST
  • #1,764
  • Mar 30, 2011 4:47am Mar 30, 2011 4:47am
Quoting PurePrice
We only just got our first upfractal on H1 and we have not broken that one yet, the price is liekly to retrace to at least the faster EMAs before heading back up again (if at all). We do not have to get in at the absolute bottom of the market here, we wait for trend to be established then we trade pullbacks within a nicely established trend
Thank you PP. I had taken it but closed it out after reading your post. 10 pip loss, but it would have been worse...
THIS is the info I crave. the knowledge to make better decisions.
Thank you
Dave Toddler Pip Gatherer
  • #1,765
  • Mar 30, 2011 4:49am Mar 30, 2011 4:49am
Quoting PurePrice
Awesome pip hunting there Kimoh .. and congrats.
thanks PurePrice, you the master ... i owe it to you... just followed your system and your tit bits...
  • #1,766
  • Mar 30, 2011 5:02am Mar 30, 2011 5:02am
Is this pair working it's way to a new possible long setup? I want to make sure I start looking at stuff at the right time... Right? Cause EURUSD is undefined, UDSCHF also, we already know what to look for in GBPUSD...
This may sound all to basic, but that's where I am... sorry.
Dave Toddler Pip Gatherer
  • #1,767
  • Mar 30, 2011 5:15am Mar 30, 2011 5:15am
Quoting argentino
Is this pair working it's way to a new possible long setup? I want to make sure I start looking at stuff at the right time... Right? Cause EURUSD is undefined, UDSCHF also, we already know what to look for in GBPUSD...
This may sound all to basic, but that's where I am... sorry.
there might be trend reversal, may be.... and news in a minute... stay safe
  • #1,768
  • Mar 30, 2011 5:30am Mar 30, 2011 5:30am
Quoting kimoh
there might be trend reversal, may be.... and news in a minute... stay safe
Kimoh, what gives you this information? (the reversal, I mean)
Dave Toddler Pip Gatherer
  • #1,769
  • Mar 30, 2011 5:35am Mar 30, 2011 5:35am
Quoting argentino
Kimoh, what gives you this information? (the reversal, I mean)
insider information (FBI )

anyway kidding, no one knows what will happen at the right side of the chart, and no one should lie to you they do. just looks at your EMA, they have the info you need, personally when i'm in doubt or suspicious, i stay out.
  • #1,770
  • Mar 30, 2011 5:37am Mar 30, 2011 5:37am
Quoting kimoh
insider information (FBI )

anyway kidding, no one knows what will happen at the right side of the chart, and no one should lie to you they do. just looks at your EMA, they have the info you need, personally when i'm in doubt or suspicious, i stay out.
A doji has formed on the M15, which MIGHT mean, the uptrend continue...

i might be wrong too
  • #1,771
  • Mar 30, 2011 6:15am Mar 30, 2011 6:15am
Quoting argentino
Is this pair working it's way to a new possible long setup? I want to make sure I start looking at stuff at the right time... Right? Cause EURUSD is undefined, UDSCHF also, we already know what to look for in GBPUSD...
This may sound all to basic, but that's where I am... sorry.

Keep looking for a LONG on this pair. It has retraced a nice number of pips now, and may have enough juice now to risk a few pips on this one. WAIT for EMAs to stack up long on 5-min. They are long on all higher tF even daily.
  • #1,772
  • Mar 30, 2011 6:16am Mar 30, 2011 6:16am
Quoting PurePrice
Keep looking for a LONG on this pair. It has retraced a nice number of pips now, and may have enough juice now to risk a few pips on this one. WAIT for EMAs to stack up long on 5-min. They are long on all higher tF even daily.

the cable?
  • #1,773
  • Mar 30, 2011 6:19am Mar 30, 2011 6:19am
Quoting kedridder
the cable?
GBPJPY. Thanks PP
Dave Toddler Pip Gatherer
  • #1,774
  • Mar 30, 2011 6:21am Mar 30, 2011 6:21am
Quoting kedridder
the cable?
No, gbpjpy
  • #1,775
  • Mar 30, 2011 6:21am Mar 30, 2011 6:21am
Quoting argentino
GBPJPY. Thanks PP

oh! thanks, i'll take a look at it too.
  • #1,776
  • Mar 30, 2011 6:21am Mar 30, 2011 6:21am
Here is the picture of my last trade during the Tokio Session. The second trade is till opened in another free trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gj 0330.gif Size: 34 KB
  • #1,777
  • Mar 30, 2011 6:22am Mar 30, 2011 6:22am
Quoting kedridder
oh! thanks, i'll take a look at it too.

i took a look at the H1 chart, its going up sharply. safe to execute a short trade here?
  • #1,778
  • Mar 30, 2011 6:29am Mar 30, 2011 6:29am
Quoting kedridder
i took a look at the H1 chart, its going up sharply. safe to execute a short trade here?
I would not, as all TFs are lined up LONG.
  • #1,779
  • Mar 30, 2011 6:30am Mar 30, 2011 6:30am
Quoting PurePrice
I would not, as all TFs are lined up LONG.

AND you are at 133.00 round number which may give us some support
  • #1,780
  • Mar 30, 2011 6:42am Mar 30, 2011 6:42am
Quoting PurePrice
I would not, as all TFs are lined up LONG.

ah..... ok, same thoughts as me.
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