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5-min PASS (Price Action Scalper System)

  • #2,481
  • Apr 12, 2011 3:27am Apr 12, 2011 3:27am
Quoting kimoh
news in under 10... watch out!
Waiting for it, gonna scalp a bit off it hopefully.
  • #2,482
  • Apr 12, 2011 3:32am Apr 12, 2011 3:32am
Quoting forex1962
Waiting for it, gonna scalp a bit off it hopefully.
Quick 8 points mustn't be greedy
Another 15 mins and see what Germany's got to say.
  • #2,483
  • Apr 12, 2011 4:58am Apr 12, 2011 4:58am
Quoting siti
Should i rentry long when price touches the red line? 2+ spread ? right ?
Thanks
red line is ur ask level ?

Quote
Should i rentry long when price touches the red line? 2+ spread ? right ?

This remembers me of the fox whos trying to catch the bunny
Hero calls followed by margin calls...
  • #2,484
  • Apr 12, 2011 8:22am Apr 12, 2011 8:22am
What's everyone watching??
  • #2,485
  • Apr 12, 2011 8:27am Apr 12, 2011 8:27am
looks like eurusd is kicking some ass
  • #2,486
  • Apr 12, 2011 8:39am Apr 12, 2011 8:39am
Looks like all the action has already happened in Asia and London.
  • #2,487
  • Apr 12, 2011 10:54am Apr 12, 2011 10:54am
I wish I would have been paying attention. I would have gotten into the eurusd short!

Anyway, I've been working on the document. Trying to go through and find additional tips and advice you have given. I also have to add the advanced entry. I should be done tonight. These past couple of weeks I have been extremely busy. Thanks for being so patient!
  • #2,488
  • Apr 12, 2011 1:16pm Apr 12, 2011 1:16pm
I see nobody is posting in NY session ... what's going on peeps?
  • #2,489
  • Apr 12, 2011 1:18pm Apr 12, 2011 1:18pm
Quoting psydox
I wish I would have been paying attention. I would have gotten into the eurusd short!

Anyway, I've been working on the document. Trying to go through and find additional tips and advice you have given. I also have to add the advanced entry. I should be done tonight. These past couple of weeks I have been extremely busy. Thanks for being so patient!

Advanced entry Eh? That is coming the end of the day
  • #2,490
  • Apr 12, 2011 1:19pm Apr 12, 2011 1:19pm
Quoting psydox
I wish I would have been paying attention. I would have gotten into the eurusd short!

Anyway, I've been working on the document. Trying to go through and find additional tips and advice you have given. I also have to add the advanced entry. I should be done tonight. These past couple of weeks I have been extremely busy. Thanks for being so patient!

Thank you very much for doing this psydox. I really appreciate your help with this.
  • #2,491
  • Apr 12, 2011 1:26pm Apr 12, 2011 1:26pm
Quoting PurePrice
I see nobody is posting in NY session ... what's going on peeps?
I am here ..... just checking what's going on .. window shopping only ...
  • #2,492
  • Apr 12, 2011 1:33pm Apr 12, 2011 1:33pm
Quoting Anu_
I am here ..... just checking what's going on .. window shopping only ...
Ah yes, window shopping on a day like this in NY session is a good idea.
  • #2,493
  • Apr 12, 2011 1:37pm Apr 12, 2011 1:37pm
Quoting PurePrice
Ah yes, window shopping on a day like this in NY session is a good idea.
why what happened today earlier ? I only just logged in ...
Looks like Euro is setting up LONG ??? yes , no ????
  • #2,494
  • Apr 12, 2011 1:48pm Apr 12, 2011 1:48pm
Quoting PurePrice
Ah yes, window shopping on a day like this in NY session is a good idea.
It has been a retrace only. So not inline with the longer term TF
  • #2,495
  • Apr 12, 2011 1:50pm Apr 12, 2011 1:50pm
Quoting Anu_
why what happened today earlier ? I only just logged in ...
Looks like Euro is setting up LONG ??? yes , no ????
yes, just above the figure though whih will cause some serious resistance I am sure before breaking up above it this late in the day. The previous swing high is only 15 pips above the figure, not sure if it is worth the risk this late in the day.
  • #2,496
  • Apr 12, 2011 1:59pm Apr 12, 2011 1:59pm
mm, very late, but setting up a short again.
  • #2,497
  • Apr 12, 2011 2:00pm Apr 12, 2011 2:00pm
Quoting PurePrice
yes, just above the figure though whih will cause some serious resistance I am sure before breaking up above it this late in the day. The previous swing high is only 15 pips above the figure, not sure if it is worth the risk this late in the day.
OK, Yes thanks PP.
Also I am looking at today's previous action and can see a GBPUSD losing trade at 8.05 GMT going short at 16275. Again price seemed to close below the significant level but headed back may be because of the 75 figure. What do you think about this ? Would you have taken it ?? Another losing SHORT trade on GBPUSD at 10.10 GMT by going short at 16239. Wonder wheter nay of our guys took these and lost ?? Appreciate your input on this.
( I am now continuing to record all possible trades as back testing until I get to 100 trades to see what we will see for 100 trades) :-)
  • #2,498
  • Apr 12, 2011 2:20pm Apr 12, 2011 2:20pm
Quoting Anu_
OK, Yes thanks PP.
Also I am looking at today's previous action and can see a GBPUSD losing trade at 8.05 GMT going short at 16275. Again price seemed to close below the significant level but headed back may be because of the 75 figure. What do you think about this ? Would you have taken it ?? Another losing SHORT trade on GBPUSD at 10.10 GMT by going short at 16239. Wonder wheter nay of our guys took these and lost ?? Appreciate your input on this.
( I am now continuing to record all possible trades as back testing until I get to 100 trades to...

I looked and I don't see the setups at the times you are referring to .. my platform is EST (which should be GMT +4 currently) .. I didn't see these trades.. hmmm May be I am off by one hour .. can you post charts and mark the time with a vertical line so I can match your charts with mine to be absolutely sure
  • #2,499
  • Apr 12, 2011 2:22pm Apr 12, 2011 2:22pm
Quoting PurePrice
I looked and I don't see the setups at the times you are referring to .. my platform is EST (which should be GMT +4 currently) .. I didn't see these trades.. hmmm May be I am off by one hour .. can you post charts and mark the time with a vertical line so I can match your charts with mine to be absolutely sure

My current platform time is 15:22, I assume your GMT time is now 19:22??
  • #2,500
  • Apr 12, 2011 2:23pm Apr 12, 2011 2:23pm
Quoting PurePrice
I looked and I don't see the setups at the times you are referring to .. my platform is EST (which should be GMT +4 currently) .. I didn't see these trades.. hmmm May be I am off by one hour .. can you post charts and mark the time with a vertical line so I can match your charts with mine to be absolutely sure
Sure, give me 5 mins plz. I think the time difference is 5 hrs. it is 20.22 here in London atm. what's ur time ?
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