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The 5 minute TF S&R trading system

  • #1,121
  • Nov 28, 2012 6:58am Nov 28, 2012 6:58am
Hey Gerry! good to meet you
Become the casino
  • #1,122
  • Nov 28, 2012 7:02am Nov 28, 2012 7:02am
Quoting erasmus66
Hey Gerry! good to meet you
Hey Erasmus, Same here. Erasmus sounds RSA'ish.
  • #1,123
  • Nov 28, 2012 7:09am Nov 28, 2012 7:09am
haha, no i'm english.
Become the casino
  • #1,124
  • Nov 28, 2012 7:14am Nov 28, 2012 7:14am
Hi Gerry, welcome back. Hope your 98 will reach 15
  • #1,125
  • Nov 28, 2012 7:20am Nov 28, 2012 7:20am
Quoting snail69
Hi Gerry, welcome back. Hope your 98 will reach 15
Thanks Snail! Looking like -5 right now. Keep trying...
  • #1,126
  • Nov 28, 2012 7:30am Nov 28, 2012 7:30am
realized that price didn't go 10 pips so i moved stop to normal to follow rules and not let what happened a couple of weeks ago happen again and boy am i glad i did . 6 th win this month 1 to go..why did you guys go long?
  • #1,127
  • Nov 28, 2012 7:46am Nov 28, 2012 7:46am
another short triggered at 90
  • #1,128
  • Nov 28, 2012 7:50am Nov 28, 2012 7:50am
it might be tough based on low of day is 81
  • #1,129
  • Nov 28, 2012 7:53am Nov 28, 2012 7:53am
Quoting forhisglory
realized that price didn't go 10 pips so i moved stop to normal to follow rules and not let what happened a couple of weeks ago happen again and boy am i glad i did . 6 th win this month 1 to go..why did you guys go long?
Good for you FHG! Went long because support at 92 from late Oct. Also on line chart 2901 took out recent high of 98 and then came back to 98
  • #1,130
  • Nov 28, 2012 7:57am Nov 28, 2012 7:57am
Sorry for this off-topic questions... but I don't do the other forums much

Should my thread page refresh itself without intervention from me? Right now it doesn't.
  • #1,131
  • Nov 28, 2012 8:02am Nov 28, 2012 8:02am
no you have to refresh it . well based on rules we look at 5 minute chart and don't let anything influence you. if it was a clear 123 then we can think of long.
  • #1,132
  • Nov 28, 2012 8:08am Nov 28, 2012 8:08am
Quoting forhisglory
no you have to refresh it . well based on rules we look at 5 minute chart and don't let anything influence you. if it was a clear 123 then we can think of long.
To me it's looking like long again, at 91. There have been a few opportunities here, but I've not got into it. What do you think?
  • #1,133
  • Nov 28, 2012 8:12am Nov 28, 2012 8:12am
the 90 short still in play. there is 123 but no 2 consecutive closes above
  • #1,134
  • Nov 28, 2012 8:12am Nov 28, 2012 8:12am
Quoting forhisglory
another short triggered at 90
I just got out of this one at BE. Too much channeling for my comfort.
  • #1,135
  • Nov 28, 2012 8:19am Nov 28, 2012 8:19am
also g l low is 81 it makes it tougher to hit target
  • #1,136
  • Nov 29, 2012 4:21am Nov 29, 2012 4:21am
just bought at 77
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  • #1,137
  • Nov 29, 2012 4:30am Nov 29, 2012 4:30am
Quoting erasmus66
just bought at 77
  • #1,138
  • Nov 29, 2012 4:31am Nov 29, 2012 4:31am
sold at 92
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  • #1,139
  • Nov 29, 2012 4:42am Nov 29, 2012 4:42am
Quoting erasmus66
sold at 92
Are you trading S/R?
  • #1,140
  • Nov 29, 2012 5:34am Nov 29, 2012 5:34am
Hi kk007! i'm trading the pullback as outlined by fxpivots from post 64 onwards. fxpivots recommends trading window of 7am est till 11am est, however i am backtesting trades from 4am est to 7am est also which seem to be as successful. i point out that i am uk based so 4am est is 9am for me
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