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5-min PASS (Price Action Scalper System)

  • #2,261
  • Apr 7, 2011 10:44am Apr 7, 2011 10:44am
Quoting Anu_
But least not trust this!! This is a trick to drive the price down by BIG DOGS...

yeah those MOFOs. I think they are running the stops below 14280, and will eventually rally up (hopefully) .. I am biased long and wil not take a short trade on this pair until EMAs switch dwown on H1 at least
  • #2,262
  • Apr 7, 2011 10:45am Apr 7, 2011 10:45am
Quoting Dehyah
I hate those long wick candles.

Yeah I hear ya .. this is worse than watching paint dry.
  • #2,263
  • Apr 7, 2011 10:49am Apr 7, 2011 10:49am
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.

looks like the break of the trangle to the downside is following through. so much for going long on this pair.
  • #2,264
  • Apr 7, 2011 10:51am Apr 7, 2011 10:51am
Quoting PurePrice
loks lie the break of the trangle to the downside is following through. so much for going long on this pair.

You may want to go long at S1 around 14250 for another bounce up to the 14300 re-test lol
  • #2,265
  • Apr 7, 2011 10:53am Apr 7, 2011 10:53am
It went down by about 20 pips,that could add 2% to your account.Next time though;you can't win them all.
With God all things are possible.
  • #2,266
  • Apr 7, 2011 10:57am Apr 7, 2011 10:57am
Quoting Dehyah
It went down by about 20 pips,that could add 2% to your account.Next time though;you can't win them all.

I think it is a fakeout though
  • #2,267
  • Apr 7, 2011 11:00am Apr 7, 2011 11:00am
Quoting PurePrice
I think it is a fakeout though
With over 20 pips that is a lot.
With God all things are possible.
  • #2,268
  • Apr 7, 2011 11:01am Apr 7, 2011 11:01am
Quoting Dehyah
It went down by about 20 pips,that could add 2% to your account.Next time though;you can't win them all.
yea..h, but how do we know for sure when it just broke the MCL to the downside though ?
  • #2,269
  • Apr 7, 2011 11:02am Apr 7, 2011 11:02am
Quoting Dehyah
With over 20 pips that is a lot.
AAH but it is back up again to where it started 5 minutes ago LOL
  • #2,270
  • Apr 7, 2011 11:05am Apr 7, 2011 11:05am
i think the fun is over for now as London si also closed now. They took their profit just before going home may be.
  • #2,271
  • Apr 7, 2011 11:08am Apr 7, 2011 11:08am
uh huh .. we have a better pirce to get in long
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  • #2,272
  • Apr 7, 2011 11:12am Apr 7, 2011 11:12am
same setup but already above the figure 1.6300
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  • #2,273
  • Apr 7, 2011 11:14am Apr 7, 2011 11:14am
When will the market go long?
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With God all things are possible.
  • #2,274
  • Apr 7, 2011 11:15am Apr 7, 2011 11:15am
I am walking away from the platform .. this is absolute madness and I am getting a headache looking at the stupid screen
  • #2,275
  • Apr 7, 2011 11:22am Apr 7, 2011 11:22am
I was watching this pair from last night but didn't enter the trade at all.
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With God all things are possible.
  • #2,276
  • Apr 7, 2011 11:25am Apr 7, 2011 11:25am
Whenever the EURUSD plans to go long it is going to be a slow one.
With God all things are possible.
  • #2,277
  • Apr 7, 2011 11:25am Apr 7, 2011 11:25am
Taking a shot at 4300 again.....
  • #2,278
  • Apr 7, 2011 11:34am Apr 7, 2011 11:34am
Quoting cmac0351
Taking a shot at 4300 again.....
Keep your fingers cross.
With God all things are possible.
  • #2,279
  • Apr 7, 2011 11:39am Apr 7, 2011 11:39am
Will the GBPUSD get there?
With God all things are possible.
  • #2,280
  • Apr 7, 2011 11:56am Apr 7, 2011 11:56am
EURUSD is Schizophrenic with no respect for technicals sometimes.

GBPUSD is a straight up shooters, no problems except for London open where the Britts like to play a littlebit at the open by running stops both ways to clear their books.

GBPUSD involves two countrries economics. UK and USA.

EURUSD has USA also, but has all of European Union invloved, except for UK and Switzerland really. So, you gotta keep track of all of those other countries. Very messy and hard to keep in focus.
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