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The 5 minute TF S&R trading system

  • #1,161
  • Nov 30, 2012 9:29am Nov 30, 2012 9:29am
if time doesn't run out 90 is a good place to buy
  • #1,162
  • Nov 30, 2012 9:37am Nov 30, 2012 9:37am
does everyone see little 123 with a break and 2 closes below entry is 157
  • #1,163
  • Nov 30, 2012 9:42am Nov 30, 2012 9:42am
and there is the win let's see if it hits 90 and goes back up
  • #1,164
  • Nov 30, 2012 10:10am Nov 30, 2012 10:10am
do you realise that if you start with 5000 like i did and compound every month you double acct every 4 months just getting 7 wins a month talk aboyt less is more
  • #1,165
  • Nov 30, 2012 10:52am Nov 30, 2012 10:52am
Quoting fxpivots
3 is the correct answer copy and duplicate and you will make money you only need 1 do it 7 times in a month and increase acct by 21 %. do it for4 months and double your acct. can it be done yes be selective and patient.
Quoting forhisglory
do you realise that if you start with 5000 like i did and compound every month you double acct every 4 months just getting 7 wins a month talk aboyt less is more
  • #1,166
  • Nov 30, 2012 11:05am Nov 30, 2012 11:05am
Well I broke even today...had a loser on EU b/c I didn't get out before the news but made it back on AU...bought at pullback to 1.0414.Forhisglory -thanks for posting your trades, it is really helpful to those of us who are still learning.Hope everyone has a good weekend!
  • #1,167
  • Dec 3, 2012 6:51am Dec 3, 2012 6:51am
nice win with audusd
  • #1,168
  • Dec 3, 2012 7:13am Dec 3, 2012 7:13am
looks like 47
is place to buy euro
  • #1,169
  • Dec 3, 2012 7:53am Dec 3, 2012 7:53am
euro beginning to consolidationte
  • #1,170
  • Dec 3, 2012 8:09am Dec 3, 2012 8:09am
Looks like we have some action, lets see whats happening at 514
  • #1,171
  • Dec 3, 2012 8:15am Dec 3, 2012 8:15am
I cannot trade. GFT have stopped trading through US entity (incl. Aus accounts). I'll just watch!
  • #1,172
  • Dec 3, 2012 8:19am Dec 3, 2012 8:19am
if time allows before news sell at 51. i thought gft was a big player in retail
  • #1,173
  • Dec 3, 2012 8:25am Dec 3, 2012 8:25am
Quoting forhisglory
i thought gft was a big player in retail
Me too. I've always been super happy with them. Not sure whether I should worry about this or not, in terms of funds security.

http://www.forexfactory.com/showthre...t=5603&page=30
  • #1,174
  • Dec 3, 2012 8:29am Dec 3, 2012 8:29am
Quoting Gerry
Me too. I've always been super happy with them. Not sure whether I should worry about this or not, in terms of funds security.

http://www.forexfactory.com/showthre...t=5603&page=30
I wouldn't worry too much but seeing as how you will no longer be able to trade that account maybe you should withdraw your money immediately anyway and start looking for another broker.
  • #1,175
  • Dec 3, 2012 8:33am Dec 3, 2012 8:33am
Hopefully this will not be a trend with the rest of the us retailers. i use oanda hope they remain or else we usa traders are up a creek without a paddle
  • #1,176
  • Dec 3, 2012 8:38am Dec 3, 2012 8:38am
Quoting Good Lookin
seeing as how you will no longer be able to trade that account maybe you should withdraw your money immediately anyway and start looking for another broker.
They say if one signs up to the UK entity with their documentation, then one can carry on more or less seamlessly. I don't know how UK laws work, so will have to research. In the meantime... to withdraw (and start over with them or elsewhere) or to wait??
  • #1,177
  • Dec 3, 2012 8:39am Dec 3, 2012 8:39am
I hope not as well. I started looking at futures a while back. I've been considering the move for quite some time now.
  • #1,178
  • Dec 3, 2012 8:44am Dec 3, 2012 8:44am
canyou day trade eudusd via futures as easily a fx trading or are there catches like major slippage etc
  • #1,179
  • Edited 9:14am Dec 3, 2012 9:10am | Edited 9:14am
Quoting Gerry
They say if one signs up to the UK entity with their documentation, then one can carry on more or less seamlessly. I don't know how UK laws work, so will have to research. In the meantime... to withdraw (and start over with them or elsewhere) or to wait??
Personally if i were you i'd just leave enough to in my account to cover 110% margin of a full position (if there aren't any minimum account restrictions) and withdraw the rest while finding out if UK laws have any major effect on how you trade and how your money is handled.

Quoting forhisglory
canyou day trade eudusd via futures as easily a fx trading or are there catches like major slippage etc
I don't know. I've been pondering the same thing for a long time. As i don't know anyone who trades futures, i cannot say. I haven't really put in any real research time. This was a very busy year for me.
  • #1,180
  • Dec 3, 2012 9:16am Dec 3, 2012 9:16am
51 just hit lets see if it will break past 43
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