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The 5 minute TF S&R trading system

  • #121
  • Sep 18, 2012 3:37pm Sep 18, 2012 3:37pm
hey guys review those charts of august and look for same patterns
  • #122
  • Sep 18, 2012 3:42pm Sep 18, 2012 3:42pm
Hey Dappa the way you filter out is if its not trending stay out. You only need 7 wins a month. Be selective they come every month this is a game of patience.
  • #123
  • Sep 18, 2012 6:41pm Sep 18, 2012 6:41pm
Quoting fxpivots
Ok first snail couldnt make out anything with your charts. The easiest way to post charts is use a metatrachart put you words and lines on it then click the key next to f12 0n your keyboard then go to accessories and click paint then click paste then hit the x in top right click save give it a name and save to desktop. then on here when you post click manage attachments. Ok mr smith that would have been ok. In my view market kind of chopped down. I call this the local train trend. I rather catch the express train trend and get that pull back.
Placed jpeg files now. Hope it is workable now.

Thanks again FxPivots.
  • #124
  • Edited Sep 19, 2012 3:07am Sep 18, 2012 11:30pm | Edited Sep 19, 2012 3:07am
Today there were 2 trades in Asian session and pre EU.

1st based on resistance turned into support then after pullback entered for full 15 pips.

2nd based on break of previous high and then after pullback should be entry, however, was away from computer and was able enter 4 pips later, so TP was shorter - 11 pips ( yes, R:R was compromised ) but closed manually when there.

Happy pipping !

Hope that getting a grasp of this great system. Only time will show.

Thanks FxPivots again.

PS: Included picture with trade from EU session. Full 15 pips. WOW !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Trade2.jpg Size: 141 KB
Click to Enlarge Name: today trades - 19-sept.jpg Size: 117 KB
  • #125
  • Sep 19, 2012 5:16am Sep 19, 2012 5:16am
last entry was a tough one with large rd # to contend with but a winning trade non the less
  • #126
  • Sep 19, 2012 5:53am Sep 19, 2012 5:53am
potential then change entry 04
  • #127
  • Sep 19, 2012 6:06am Sep 19, 2012 6:06am
now 17
  • #128
  • Edited 7:11am Sep 19, 2012 6:34am | Edited 7:11am
Long @ 1.30240

Profit target reached.
Attached Image (click to enlarge)
Click to Enlarge Name: today trades - 19-sept.jpg Size: 121 KB
  • #129
  • Sep 19, 2012 6:36am Sep 19, 2012 6:36am
move stopto beto
  • #130
  • Sep 19, 2012 6:57am Sep 19, 2012 6:57am
Hi Fxpivots,

I am a new in your thread but just want to clarify please.

this system for
1. EU,GU,EJ,GJ,AU pair
2. Risk max. 3 % , but TP and SL is 15 pips.

please confirm or add if i miss somethings.
  • #131
  • Sep 19, 2012 7:03am Sep 19, 2012 7:03am
after a closer look that first entry never hit 17 i already had a win so that setup was for you. the entry did geot hit then won
  • #132
  • Sep 19, 2012 7:04am Sep 19, 2012 7:04am
trade the eurusd only
  • #133
  • Sep 19, 2012 7:13am Sep 19, 2012 7:13am
any questions
  • #134
  • Edited 7:32am Sep 19, 2012 7:21am | Edited 7:32am
Quoting fxpivots
after a closer look that first entry never hit 17 i already had a win so that setup was for you. the entry did geot hit then won
Can you show chart please ?
  • #135
  • Sep 19, 2012 7:39am Sep 19, 2012 7:39am
in car the 1244 close was 17.1 that's the entry point at a quick glance thought price hit it but it didn't
  • #136
  • Sep 19, 2012 7:42am Sep 19, 2012 7:42am
how's it going dappa
  • #137
  • Sep 19, 2012 7:47am Sep 19, 2012 7:47am
can you post screen shots of your trade?
  • #138
  • Sep 19, 2012 7:47am Sep 19, 2012 7:47am
trying to train my eyes to the setups my friend, thanks for asking!
  • #139
  • Sep 19, 2012 8:06am Sep 19, 2012 8:06am
the one i had was the 920 gmt close with entry at 1120 gmt to go short
  • #140
  • Sep 19, 2012 3:00pm Sep 19, 2012 3:00pm
Back from fishing here are charts 2 in US sessions 1 in london
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 123 KB
Click to Enlarge Name: 2.jpg Size: 126 KB
Click to Enlarge Name: 3.jpg Size: 121 KB
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