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Attachments: The 5 minute TF S&R trading system
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The 5 minute TF S&R trading system

Quoting fxpivots
hey steve no quite understanding what your getting at. the charts i posted pretty much explains the price action. for clarification a 2b is nothing more than the left shoulder and head of a head and shoulders pattern the 123 is the right shoulder to complete the whole pattern
I'm probable asking before catching up to the updates you've introduced. I'll read the thread a few times before asking again. But thanks for trying to help me.

Steve
hey fx just studying for Mon.
Hi
Im so glad that this thread is here. I upload some graf its only idea for enter the price. Its 123 patern entry.
When i go bar to bar i find first red patern 123 then gren and then magenta. firt enter is in the red2 cross.(red thumb up) Then reenter also in this level (double red thumb up) also this level is green2. This level (1.9237) go R-S. Then green3 hapen and its confirm resistence in 19600( blue rectangle and green3) The magenta patern start. The magenta2 go close to level 19600 I think is posible enter go down( magenta thumb down) The magenta3 confirm new support(1.9237). Price go up and down try support but the pinbar is happent and posible buy enter. ( double magenta thumb up).

This is only my idea. Its past static graf. the reallity will be diferent. Or not? Im beginner and i try to learn something. This is my idea how to trade what do you think? My idea is trade only price. Dont use indicators fibo pivo. Only levels ( supply demand resistence support ) and easy paterns.

sorry for my english. Its not my native language and its dificult for my explain.

PS. the graf is Hotforex demo it is GMT+2. Big rectangle is time that i can trade.
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Thank you very much for this nice 123 strategy. It,s awesome. Pls keep your post everyday we will follow you.

Thanks
folks this is not a 123 strategy its trading pullbacksin the fresh trend
Quoting fxpivots
folks this is not a 123 strategy its trading pullbacksin the fresh trend
OK , it,s good. how much is about wining rate %?
Hello

My first trade with the system. Hope I got it right
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Faith with Action
Hi Fxpivots,

In the attached chart i enter with blue arrow two times but it is loss , can you please clear me what i did wrong?

thanks
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Quoting umpats
Hi Fxpivots,

In the attached chart i enter with blue arrow two times but it is loss , can you please clear me what i did wrong?

thanks
i think your entry was not corect , because 123 patern was not here it.s my opinion lets wait fxpivot

P.S. Pls all post here with picture our entrys.

Thanks
Hi everybody, posting today's trades.
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i think it was valid entry
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Quoting umpats
Hi Fxpivots,

In the attached chart i enter with blue arrow two times but it is loss , can you please clear me what i did wrong?

thanks

Hi Umpats, the second part (after trade entry) was and it is still a major problem for me and from picture can be seen for you too.

First entry was immediately after ABC without pullback so not as per fxpivots system.

Second was actually very good, you were around 11-12 pips in profit, no ?
Please have a look several posts back where fxpivots writes, about setting break even , BE, level and closing trades sometimes earlier than 15 pips.

Good luck on your journey through second part. Obviously 1st , (entry) is quite ok .
Quoting snail69
Hi Umpats, the second part (after trade entry) was and it is still a major problem for me and from picture can be seen for you too.

First entry was immediately after ABC without pullback so not as per fxpivots system.

Second was actually very good, you were around 11-12 pips in profit, no ?
Please have a look several posts back where fxpivots writes, about setting break even , BE, level and closing trades sometimes earlier than 15 pips.

Good luck on your journey through second part. Obviously 1st , (entry) is quite ok .
hello all! pls post and attache all your entrys here with picture
Thanks
Quoting Geo_forex
hello all! pls post and attache all your entrys here with picture
Thanks
my today entrys
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Trades for today.
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there is no trend right now
Hi Geo,

please inform what MA you are using on your chart?
Thank you


Quoting Geo_forex
i think it was valid entry
1,2,3 / A,B,C EUR/USD M5 is still in progres/generating IMHO. Waiting for confirmation and I will take trade according to TF S&R. It should be around 1.2936
Fxpivots, is this trade ok as per rules ? Loss.

Thanks.
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a 123 followed by a 123 is consolidation as i said before there was no trend selling now at 15 is a nice place
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