The Force 5min system

As you say USD does seem to be gaining strength and this appears to have begun around May5 as seen on D,W and M TFs. However, on 1 Hr, although the channel is down, PA has bounced off lower track and seems set for a retrace.
Will be looking for long entry on market open tomorrow. Demo only, at this stage!

I am a junior member and newbie to Forex. I just obtained a MT4 Demo account, know nothing about navigating thru it. Can someone tell me about any tutorials to go thru MT4. Thanks

Hi

You can probably google MT4 tutorial and get more than you could ever ask for.

It is very user friendly. Help menu on tool bar.

Tips and techniques here. http://www.forexfactory.com/showthread.php?t=67529

Then play with it on a demo for a while. I am sure you will catch on quickly.

I only want to say: EXTRA THANKS FOR THIS SYSTEM!!!

I'm making a lot of pips every day... And I now that does'nt exist the holy grail, but I'm really pleased with "The Force 5"!!!

Thanks and thanks..... and THANKS!

Still works . Right now sitting at 20+ pips with the bit I have left on.

Which session do you trade?

Most of my positions are with the Asian session. This is only because it works with my work schedule. F5 works with PA. So whatever the session if there is PA you will get valid signals

has anyone tried this method with gbp/usd pair?

Yes but in my opinion you need to be more "choosy". The pound moves a little more so could hiot your stop more often.

Incidentily. I have been starting to limit the time in a trade now. Four 5mi. candles after my signal. If I am not at 10pips min I either close the position or move my stop tighter. I have been considering making it 3 candles. Most good positions move immediately usuallly within 1 or 2 candles.

yes it works for the GU but like Rufus said be extra picky cause of the volatility of the pair. I like to set up my limit orders so they have to create thrust bars and move my SL up and close. I have lower than a 50% success rate on this pair but when a GU takes off I can easily have one win clear out 10 losses.

But that is my style and how I can emotionally handle trading pairs like this.

Rufus, have you been mixing this with Supply and Demand to make the trade? Kodex, I know if you do this it will help your success rate. I just use Price Action on the 5min normally.

Simple

Hi Simple

I put S/D and fibs on everything I look at....It does help to keep you out of trouble. Also I like to take positions that are moving into these zones they act loke magnets to price. Just need to switch sides of the fence quick when that zone is hit.

Have a super weekend and 4th

Rufus

ok. I'll also try with eur/usd. My main pair is gbp/usd.
Thanks for your help guys

Hello all,

I posted something on here to show you my mistakes today, not because of my system, but because of me not being here mentally. I just got back from a nice long two week vacation where I never really looked at chart and was frustrated when I got back to realize all those BIG trades I missed out on.

Here is what I was looking for. Price to hit the top line and break back for a short. Then look for it to break the next line down and play any pull back and look to get out around the 1.42 area where the bottom line is. then to play any pull backs for quick trades.

Trade 1: I got in on it on the way back down from the horizontal S/R. I should not have taken the trade since it was not with my plan because price never hit or pierced the trend line. I panicked that I might miss it and then took it. Needless to say I got stopped out.

Problem: fear (greed also?)

First missed trade : You can see where price actually hit my line and immediately bounced back, I was nervous about it and didn't take it it.

Problem: fear

Trade 2: Executed almost as I planned, got in a little earlier than I would like looking back at it, but overall happy with entry.

Second missed trade: The small retrace on the 10:55 bar missed trade cause i was looking for another trade on another chart.

Trade 3: should not have taken trade after a 40 pip move in 10 minutes. Price moves that far that fast normally get a few bar retracement before it continues. I know by now to wait till at least the 5 ema gets hit before I look to enter back in with trends after a move like this. I got nervous on the pull back moved up my SL on both trades too close and got stopped out.

To compound the problem, I never did take the trade when it hit and rejected from the 5 ema.

Problem: fear and greed

I could and should have gotten out at my price targe with 3 trades in tact: 1 for 75 pips, 1 for 45 pips, and the last one for 10 pips for close to a total of 130 pips. instead I ended up with +10

Now, overall I didn't lose any money and come out almost half my way to my daily goal. So I will take it and move on, but first I have to really stop and take a look at what I did and why I did it from a deeper level so I don't do it again. I ended up with a tenth of what was a very simple textbook play for me. These are the trades that frustrate me cause I properly created a plan and executed it terribly. Then cause i was steaming about it and trying to figure out what I did I missed a nice and easy 20 pip move on the GU and a nice 15+ pip move later on the EU.

think it's time to close shop for the day, do something else and then come back and review everything later today. That's the great thing about the market, it will always be there for me to come back to when I'm ready!

hai guys here my chart for this eurusd today ....your system same with winning solution use for arrow sign u can see here in every EMA 5 show dot and arrow.... im using coral red n blue to show the trend line......nice work guys

here my chart again im using trailingstop to protect my profit im using 50...

k im take my profit now .....see u guys...sorry im too new in your forum...but i want to share with u all......

hi there radit27. any chance to find out what trading system do you use? or at least the indicator which plots the arrows? it looks like some sort of zig-zag related indicator to me. to cool to be true. thanks a lot.
happy pips.
MMF

hi...this system seems work to me but need more practise to doing that....but the way this is combination of trend and entry in and out....

Hi all,

I've read a lot about the force system and I'm wondering if there's someone trading this method nowadays.
Would you mind sharing your experience and explain to me what's wrong with the position I've attached .

Thanks in advance,

Mickael