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5-min PASS (Price Action Scalper System)

  • #2,841
  • Apr 21, 2011 6:05am Apr 21, 2011 6:05am
Guys,

EUR USD has started showing a down trend... lets keep a eye on it ..

Regards
Vins
  • #2,842
  • Apr 21, 2011 6:16am Apr 21, 2011 6:16am
http://www.screencast.com/users/Mano...6-be9bbe93abb4
  • #2,843
  • Apr 21, 2011 6:32am Apr 21, 2011 6:32am
Quoting manojcosmo
http://www.screencast.com/users/Mano...6-be9bbe93abb4

I could see you have spread indicator linked up with your chart, it looks good and easy to track the spread thing, is it possible for you to share it if possible.

Regards
Vins
  • #2,844
  • Apr 21, 2011 7:05am Apr 21, 2011 7:05am
Quoting winpips
Hi Sandro

Thanks for the indicator and really impressed of monitoring diff pairs in a single window. Had a query how often does it get refreshed , is the "2" value in the settings the interval or is it something else?

Regards
Vins
Hi Vins...
It refreshs real-time....
That 2 is the number of previous candles where the EMA's have to be in place before turning on any lights, so if you wannw put it in 1, only 1 canlde have to met that aligned, if you increases that value, you are gonna need more candles where that condiciton is met to the indy turn on that particular light...
  • #2,845
  • Apr 21, 2011 7:19am Apr 21, 2011 7:19am
Couple of deals I took a few minutes ago

AU - trailed the SL to BE after price hitting the daily high for third time, and I was taken out there...

Cable, entry after TL BREAK + big momentum candle.... trailed the SL to BE for the same reason than before + news coming in a few, where I was taken out again

TOTAL = 0 pips...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au.JPG Size: 115 KB
Click to Enlarge Name: cable.JPG Size: 62 KB
  • #2,846
  • Apr 21, 2011 7:27am Apr 21, 2011 7:27am
news in 5
  • #2,847
  • Apr 21, 2011 8:13am Apr 21, 2011 8:13am
What are we watching?
  • #2,848
  • Apr 21, 2011 8:33am Apr 21, 2011 8:33am
hello everyone
  • #2,849
  • Apr 21, 2011 8:43am Apr 21, 2011 8:43am
I sent a PM to brettM yesterday about skype with no answer. Can someone help me with how to get in on group chat? My user name is cmac0351 in skype too.
  • #2,850
  • Apr 21, 2011 8:48am Apr 21, 2011 8:48am
EJ is going down ... SHORT
  • #2,851
  • Apr 21, 2011 8:52am Apr 21, 2011 8:52am
Quoting cmac0351
I sent a PM to brettM yesterday about skype with no answer. Can someone help me with how to get in on group chat? My user name is cmac0351 in skype too.

Will take care of it for you cmac
  • #2,852
  • Apr 21, 2011 8:55am Apr 21, 2011 8:55am
Quoting winpips
Guys,

EUR USD has started showing a down trend... lets keep a eye on it ..

Regards
Vins
Well, EURUSD still in a uptrend since 2011-02-16
  • #2,853
  • Apr 21, 2011 8:56am Apr 21, 2011 8:56am
Dear PP

Please add me too on skype - vinaypitambaran

Regards
Vins
  • #2,854
  • Apr 21, 2011 8:59am Apr 21, 2011 8:59am
Thursday winner and still holding...was an early MCTL entry
Attached Image (click to enlarge)
Click to Enlarge Name: ej short thurs.gif Size: 19 KB
  • #2,855
  • Apr 21, 2011 9:04am Apr 21, 2011 9:04am
Thanks PP ! Also, Just won 30 pips on the EJ short!

btw, why are you still working 9-5 with your forex skills?

Quoting PurePrice
Will take care of it for you cmac
  • #2,856
  • Apr 21, 2011 9:17am Apr 21, 2011 9:17am
G/U 10 PIPS
E/J 13 pips

does anybody have a live account with ATC broker.
  • #2,857
  • Apr 21, 2011 9:18am Apr 21, 2011 9:18am
Quoting papasierra
Well, EURUSD still in a uptrend since 2011-02-16
Hey Papa

I meant in the shortterm hourly chart.

regards
Vins
  • #2,858
  • Apr 21, 2011 9:19am Apr 21, 2011 9:19am
Quoting cmac0351
Thanks PP ! Also, Just won 30 pips on the EJ short!

btw, why are you still working 9-5 with your forex skills?

Still am
  • #2,859
  • Apr 21, 2011 9:21am Apr 21, 2011 9:21am
Out EJ with +48 and +37 pips (I had two lots on this one)

Out eurchf with +24 pips
  • #2,860
  • Apr 21, 2011 9:22am Apr 21, 2011 9:22am
Hi PP...

I would like to ask you couple of question regarding trade managment once in a deal, if you don't mind...

-Do you always set your SL on the opposite Fractal to calculate your lot size/risk?

-When you are in a deal, it is only TP or SL hit?, or do you cut it short if it is not going in your favor or under any particular situation??

THANKS in advance
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