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5-min PASS (Price Action Scalper System)

  • #1,841
  • Mar 31, 2011 4:27am Mar 31, 2011 4:27am
Quoting kimoh
TP2 hit at trailing stop +36pips
Kimoh! Way to go, man! You are baggin' in the pips!
Dave Toddler Pip Gatherer
  • #1,842
  • Mar 31, 2011 4:37am Mar 31, 2011 4:37am
Quoting siti
re - entered
Yes, kimoh ...got that ...and closed it....how do i....continue with entry without closing it ? is it possible? or do i make 2 entries? one close ? one leave open?
  • #1,843
  • Mar 31, 2011 5:57am Mar 31, 2011 5:57am
Quoting siti
Yes, kimoh ...got that ...and closed it....how do i....continue with entry without closing it ? is it possible? or do i make 2 entries? one close ? one leave open?
you can trade multiple entries, so that as the trade progresses, you take some profit and leave the rest to run <while tracking it on trailing stop or something like that>.

alternatively on the same trade, you can close half the position and leave the other running, your choice.
  • #1,844
  • Mar 31, 2011 6:48am Mar 31, 2011 6:48am
Entry LONG at 1.4228? SL 1.4211?
Dave Toddler Pip Gatherer
  • #1,845
  • Mar 31, 2011 6:56am Mar 31, 2011 6:56am
Quoting argentino
Entry LONG at 1.4228? SL 1.4211?

Yes for late entry, however you can trying an early entry here, whih means you would enter at 1.4118 or so
  • #1,846
  • Mar 31, 2011 7:00am Mar 31, 2011 7:00am
Quoting PurePrice
Yes for late entry, however you can trying an early entry here, whih means you would enter at 1.4118 or so
Thank you PP. However, I have had some bad "early" entries, which means I'm doing something wrong, so I will stick to original system for now, till I get a better handle on it.
Dave Toddler Pip Gatherer
  • #1,847
  • Mar 31, 2011 7:02am Mar 31, 2011 7:02am
Quoting PurePrice
Yes for late entry, however you can trying an early entry here, whih means you would enter at 1.4118 or so
chart ...
Attached Image (click to enlarge)
Click to Enlarge Name: mt19.gif Size: 30 KB
  • #1,848
  • Mar 31, 2011 7:04am Mar 31, 2011 7:04am
red alert news in about 30mins
  • #1,849
  • Mar 31, 2011 7:04am Mar 31, 2011 7:04am
Quoting argentino
Thank you PP. However, I have had some bad "early" entries, which means I'm doing something wrong, so I will stick to original system for now, till I get a better handle on it.
EXCELLENT idea... that is what I think alot of new viewers should do. Get a good handle on basic late entry then to go to early entry/re-entry


Just be careful as we are about to open in NY and we have news out in 30 minutes
  • #1,850
  • Mar 31, 2011 7:05am Mar 31, 2011 7:05am
Quoting kimoh
red alert news in about 30mins
On same wavelength here

looks like we posted at the same time
  • #1,851
  • Mar 31, 2011 7:09am Mar 31, 2011 7:09am
Quoting PurePrice
On same wavelength here

looks like we posted at the same time
i read your mind :nerd:

welcome PP and fellow new yorkers, its another day
  • #1,852
  • Mar 31, 2011 7:10am Mar 31, 2011 7:10am
Quoting PurePrice
EXCELLENT idea... that is what I think alot of new viewers should do. Get a good handle on basic late entry then to go to early entry/re-entry


Just be careful as we are about to open in NY and we have news out in 30 minutes
very wise counsel...
  • #1,853
  • Mar 31, 2011 7:11am Mar 31, 2011 7:11am
Quoting kimoh
i read your mind :nerd:

welcome PP and fellow new yorkers, its another day

Which country are you at Kimoh? you seem to have lotsa time to watch London and make handsome pips (great job by the way)
  • #1,854
  • Mar 31, 2011 7:13am Mar 31, 2011 7:13am
Quoting PurePrice
Which country are you at Kimoh? you seem to have lotsa time to watch London and make handsome pips (great job by the way)

Sorry, I just read your profile and anssered my own question .. Kenya ... sorry for being ignorant of the profile
  • #1,855
  • Mar 31, 2011 7:13am Mar 31, 2011 7:13am
Quoting PurePrice
EXCELLENT idea... that is what I think alot of new viewers should do. Get a good handle on basic late entry then to go to early entry/re-entry


Just be careful as we are about to open in NY and we have news out in 30 minutes
I wish I could claim it as my own... but the credit goes to Kimoh. Good advice, rafiki
Dave Toddler Pip Gatherer
  • #1,856
  • Mar 31, 2011 7:14am Mar 31, 2011 7:14am
Quoting PurePrice
Sorry, I just read your profile and anssered my own question .. Kenya ... sorry for being ignorant of the profile

So it is like 14:00 oclock over there now??
  • #1,857
  • Mar 31, 2011 7:16am Mar 31, 2011 7:16am
Quoting PurePrice
Sorry, I just read your profile and anssered my own question .. Kenya ... sorry for being ignorant of the profile
No problem, PP... I'm lucky to be near the centre of the earth's axis <+3 GMT>, so i can catch most if not all the markets...
  • #1,858
  • Mar 31, 2011 7:19am Mar 31, 2011 7:19am
Quoting PurePrice
So it is like 14:00 oclock over there now??
+1h... its now 1500Hrs in Nairobi
  • #1,859
  • Mar 31, 2011 7:19am Mar 31, 2011 7:19am
OK. So lets do this. Whenever you guys want the price to go up, tell me. I will put in an sell order and vice-versa. Cause that's what happens. I buy, it goes down. I sell, it goes up. Perhaps an offering to the gods of pipage would be in order... geeeez!
Dave Toddler Pip Gatherer
  • #1,860
  • Mar 31, 2011 7:24am Mar 31, 2011 7:24am
Quoting argentino
OK. So lets do this. Whenever you guys want the price to go up, tell me. I will put in an sell order and vice-versa. Cause that's what happens. I buy, it goes down. I sell, it goes up. Perhaps an offering to the gods of pipage would be in order... geeeez!
wait... I think I got my monitor upside-down... could that be?
Dave Toddler Pip Gatherer
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