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5-min PASS (Price Action Scalper System)

  • #1,781
  • Mar 30, 2011 9:06am Mar 30, 2011 9:06am
Quoting PurePrice
AND you are at 133.00 round number which may give us some support
As expected, 133.00 is giving some support to price here ... let's see if it will hold and give us a chance to Long this pair. 5-min EMAs are still not stacked up long yet.
  • #1,782
  • Mar 30, 2011 9:11am Mar 30, 2011 9:11am
here is what I see on gbpjpy 5-min chart .. we are close to a long entry
Attached Image (click to enlarge)
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  • #1,783
  • Mar 30, 2011 9:19am Mar 30, 2011 9:19am
Quoting PurePrice
here is what I see on gbpjpy 5-min chart .. we are close to a long entry

we're waiting for the EMAs to stack nicely for now?
  • #1,784
  • Mar 30, 2011 9:24am Mar 30, 2011 9:24am
Quoting kedridder
we're waiting for the EMAs to stack nicely for now?
yup. Then we will decide how and when to enter
  • #1,785
  • Mar 30, 2011 9:26am Mar 30, 2011 9:26am
Quoting PurePrice
yup. Then we will decide how and when to enter

got it! i'll be waiting for the entry
  • #1,786
  • Mar 30, 2011 9:45am Mar 30, 2011 9:45am
Hi all, what do you think of AU preparing for LONG trade?
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  • #1,787
  • Mar 30, 2011 9:47am Mar 30, 2011 9:47am
Quoting Bull
Here is the picture of my last trade during the Tokio Session. The second trade is till opened in another free trade.
congrats bull! thats a home run...
  • #1,788
  • Mar 30, 2011 9:49am Mar 30, 2011 9:49am
setting up for a long re-entry... anyuone watching?
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  • #1,789
  • Mar 30, 2011 9:54am Mar 30, 2011 9:54am
Quoting kimoh
setting up for a long re-entry... anyuone watching?

looks good setup
  • #1,790
  • Mar 30, 2011 9:55am Mar 30, 2011 9:55am
Quoting kedridder
Hi all, what do you think of AU preparing for LONG trade?
no clear trend, not a very good entry right now.. EMA 48 is largely flat on M5 and M15
  • #1,791
  • Mar 30, 2011 9:59am Mar 30, 2011 9:59am
Quoting kimoh
no clear trend, not a very good entry right now.. EMA 48 is largely flat on M5 and M15

i see. so M15 chart plays a part in your analysis too?
  • #1,792
  • Mar 30, 2011 10:00am Mar 30, 2011 10:00am
Quoting kedridder
i see. so M15 chart plays a part in your analysis too?
yes, always watch M5, M15 and H1, you are more likely to make a better decision. they all need to have a CLEAR trend
  • #1,793
  • Mar 30, 2011 10:01am Mar 30, 2011 10:01am
Quoting kimoh
yes, always watch M5, M15 and H1, you are more likely to make a better decision. they all need to have a CLEAR trend

wise decision. thank u for ur guidance
  • #1,794
  • Mar 30, 2011 10:04am Mar 30, 2011 10:04am
Quoting kedridder
wise decision. thank u for ur guidance
welcome, a student of PurePrice
  • #1,795
  • Mar 30, 2011 10:08am Mar 30, 2011 10:08am
what the hell is happening in this NY session, its soo erratic. anyone seeing something interesting?
  • #1,796
  • Mar 30, 2011 10:52am Mar 30, 2011 10:52am
I am back from a long ass meeting at work
  • #1,797
  • Mar 30, 2011 10:53am Mar 30, 2011 10:53am
Quoting kimoh
what the hell is happening in this NY session, its soo erratic. anyone seeing something interesting?

I think it is very close to month end and quarter end... so people are likely squaring off their positions. But, I have no idea otherwise.
  • #1,798
  • Mar 30, 2011 10:53am Mar 30, 2011 10:53am
Quoting kimoh
yes, always watch M5, M15 and H1, you are more likely to make a better decision. they all need to have a CLEAR trend

yup yup, what Kimoh said
  • #1,799
  • Mar 30, 2011 10:55am Mar 30, 2011 10:55am
Quoting Bull
Here is the picture of my last trade during the Tokio Session. The second trade is till opened in another free trade.

Have not heard form you in a long time there Bull ... good job on this trade and a better job keeping some position open for higher TP and letting it ride for a home run
  • #1,800
  • Mar 30, 2011 10:56am Mar 30, 2011 10:56am
Quoting PurePrice
I am back from a long ass meeting at work
you didnt miss much
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