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5-min PASS (Price Action Scalper System)

  • #2,241
  • Apr 7, 2011 9:59am Apr 7, 2011 9:59am
Quoting PurePrice
taking another shot at the round number here

F*&% excuse my French ... lol
  • #2,242
  • Apr 7, 2011 10:01am Apr 7, 2011 10:01am
Quoting PurePrice
taking another shot at the round number here
I think as a swing trade it is safer to go long now with a SL below 14250. I should eventually break out and head North.
  • #2,243
  • Apr 7, 2011 10:01am Apr 7, 2011 10:01am
Quoting PurePrice
F*&% excuse my French ... lol
The bears are really hanging on to this level not letting it go easily, it seems like everytime we get to the 4300, the bears hit the sell trigger button.

**Maybe I should short it next time it hits 4300 .. and wtch it take off UP ** LOL
  • #2,244
  • Apr 7, 2011 10:06am Apr 7, 2011 10:06am
Quoting PurePrice
The bears are really hanging on to this level not letting it go easily, it seems like everytime we get to the 4300, the bears hit the sell trigger button.

**Maybe I should short it next time it hits 4300 .. and wtch it take off UP ** LOL
yes, guaranteed. as soon as you hit it will the do opposite.. which is my normal experience. adn teh cable has been pivoting all day around the daily CPP 13616.
  • #2,245
  • Apr 7, 2011 10:08am Apr 7, 2011 10:08am
Quoting Anu_
yes, guaranteed. as soon as you hit it will the do opposite.. which is my normal experience. adn teh cable has been pivoting all day around the daily CPP 13616.

maybe I will sell like 0.01 lots just to get it to move up and then buy 5 lots

Yep, I am really amazed on how the price is just not moving on such an eventful (in terms of market-moving news) day
  • #2,246
  • Apr 7, 2011 10:17am Apr 7, 2011 10:17am
Do you see what I see on the chart below??

watch the MCTL get broken with PA followthough above 14300 for a long entry (eventually one of those times it wil break through the figure lol )
Attached Image (click to enlarge)
Click to Enlarge Name: mt19.gif Size: 29 KB
  • #2,247
  • Apr 7, 2011 10:17am Apr 7, 2011 10:17am
Oh, I KNOW if I sell at 4300 it will definitely go up

Quoting PurePrice
maybe I will sell like 0.01 lots just to get it to move up and then buy 5 lots
  • #2,248
  • Apr 7, 2011 10:18am Apr 7, 2011 10:18am
Quoting cmac0351
Oh, I KNOW if I sell at 4300 it will definitely go up

Let's all sell at 14300, then buy right away lol
  • #2,249
  • Apr 7, 2011 10:20am Apr 7, 2011 10:20am
Quoting PurePrice
Do you see what I see on the chart below??

watch the MCTL get broken with PA followthough above 14300 for a long entry (eventually one of those times it wil break through the figure lol )
You guys watching that pair like a hawk.
With God all things are possible.
  • #2,250
  • Apr 7, 2011 10:28am Apr 7, 2011 10:28am
Quoting Dehyah
You guys watching that pair like a hawk.
yup yup, but it ain't cooperating, as it is getting rejeted AGAIN at the figure ...I am sick and tired of watching this
  • #2,251
  • Apr 7, 2011 10:29am Apr 7, 2011 10:29am
How long will the market move like this?
Maybe they want PurePrice to pour some money in the market to get it moving again.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 29 KB
With God all things are possible.
  • #2,252
  • Apr 7, 2011 10:30am Apr 7, 2011 10:30am
Quoting Dehyah
How long will the market move like this?
Maybe they want PurePrice to pour some money in the market to get it moving again.

Aright alright, I am going all in this one .. my whole account is riding on this ... let's see what happens now
  • #2,253
  • Apr 7, 2011 10:31am Apr 7, 2011 10:31am
Quoting PurePrice
Do you see what I see on the chart below??

watch the MCTL get broken with PA followthough above 14300 for a long entry (eventually one of those times it wil break through the figure lol )
Yea..h, u r right.. it should be a triangle break-out to upside in 5M TF as it was trending up before teh triangle was formed. At least that's what the rules say... any minute now .... as we have coem to the end of the triangle..
  • #2,254
  • Apr 7, 2011 10:32am Apr 7, 2011 10:32am
Maybe I will watch the master's instead for a while. The market does tend to move while I am not looking. I am convinced that the only thing holding this up is the fact that I am in long.

Quoting Dehyah
How long will the market move like this?
Maybe they want PurePrice to pour some money in the market to get it moving again.
  • #2,255
  • Apr 7, 2011 10:36am Apr 7, 2011 10:36am
Quoting cmac0351
Maybe I will watch the master's instead for a while. The market does tend to move while I am not looking. I am convinced that the only thing holding this up is the fact that I am in long.

then you must have a couple of billions in the market

My 0.1 lot didnot seem to do a thing to move it LOL
  • #2,256
  • Apr 7, 2011 10:37am Apr 7, 2011 10:37am
Who is causing this?
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 31 KB
With God all things are possible.
  • #2,257
  • Apr 7, 2011 10:38am Apr 7, 2011 10:38am
Quoting Anu_
Yea..h, u r right.. it should be a triangle break-out to upside in 5M TF as it was trending up before teh triangle was formed. At least that's what the rules say... any minute now .... as we have coem to the end of the triangle..

and of course it breaks to the downside lol

this is somewhat expected as it has already tried to break the 14300 figure a few times and failed.
  • #2,258
  • Apr 7, 2011 10:40am Apr 7, 2011 10:40am
Quoting PurePrice
and of course it breaks to the downside lol

this is somewhat expected as it has already tried to break the 14300 figure a few times and failed.

did anyone sell 14300??? Other than the bears that have been doing it all morning long of course
  • #2,259
  • Apr 7, 2011 10:41am Apr 7, 2011 10:41am
Quoting PurePrice
and of course it breaks to the downside lol

this is somewhat expected as it has already tried to break the 14300 figure a few times and failed.
But least not trust this!! This is a trick to drive the price down by BIG DOGS...
  • #2,260
  • Apr 7, 2011 10:42am Apr 7, 2011 10:42am
Quoting PurePrice
and of course it breaks to the downside lol

this is somewhat expected as it has already tried to break the 14300 figure a few times and failed.
I hate those long wick candles.It tested MS1, will it get rejected?
With God all things are possible.
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