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The 5 minute TF S&R trading system

  • #1,301
  • Dec 13, 2012 6:24am Dec 13, 2012 6:24am
You mean 58 right Shannon
  • #1,302
  • Edited 7:03am Dec 13, 2012 6:46am | Edited 7:03am
No...48, it looked like a big 2b pattern so I bought when price went above the poke bar. Also just sold AU at 54, out at BE...I guess I moved to BE too soon.
  • #1,303
  • Edited 8:06am Dec 13, 2012 7:55am | Edited 8:06am
Based on 1210 GMT closing price of 2b high was 579 not 48
  • #1,304
  • Dec 13, 2012 8:28am Dec 13, 2012 8:28am
forhisglory -I bought at 6:25 EST (11:25GMT)
  • #1,305
  • Dec 13, 2012 8:57am Dec 13, 2012 8:57am
Ok see it now it was before my time
  • #1,306
  • Dec 14, 2012 4:59am Dec 14, 2012 4:59am
40 pip range will wait for trend
  • #1,307
  • Dec 14, 2012 6:25am Dec 14, 2012 6:25am
Unless something happens soon i am done for today and week. A good week 5 pct and 11 pct so far this month with 1 week to go
  • #1,308
  • Dec 14, 2012 10:15am Dec 14, 2012 10:15am
Quoting forhisglory
Unless something happens soon i am done for today and week. A good week 5 pct and 11 pct so far this month with 1 week to go
Good job. I wonder how everyone else is doing.
  • #1,309
  • Dec 16, 2012 12:56pm Dec 16, 2012 12:56pm
up thread!!!!!
  • #1,310
  • Dec 18, 2012 5:51am Dec 18, 2012 5:51am
These last 2 says have really been slow
  • #1,311
  • Dec 18, 2012 8:22am Dec 18, 2012 8:22am
..finally the explosion on EU...

I didn't saw in time to buy. Let's wait for another chance!!!
  • #1,312
  • Dec 19, 2012 2:13am Dec 19, 2012 2:13am
order to buy @ 1.32690
Become the casino
  • #1,313
  • Dec 19, 2012 2:45am Dec 19, 2012 2:45am
Quoting erasmus66
order to buy @ 1.32690
I would be careful now. Pin bar before and rsi shows abc and in pullback...

Plus there is divergence.
  • #1,314
  • Dec 19, 2012 3:01am Dec 19, 2012 3:01am
order cancelled - cheers snail
Become the casino
  • #1,315
  • Dec 19, 2012 4:03am Dec 19, 2012 4:03am
Quoting erasmus66
order cancelled - cheers snail

This is tricky... now we have hidden bulish divergence. Difficult to trade this kind of market.
  • #1,316
  • Dec 19, 2012 4:30am Dec 19, 2012 4:30am
Quoting snail69
This is tricky... now we have hidden bulish divergence. Difficult to trade this kind of market.
Absolutely true!!
  • #1,317
  • Dec 19, 2012 5:58am Dec 19, 2012 5:58am
Potential long at 80
  • #1,318
  • Dec 19, 2012 6:46am Dec 19, 2012 6:46am
Oh well it just missed entry by 1 pip
  • #1,319
  • Dec 19, 2012 8:05am Dec 19, 2012 8:05am
So that's 2 trades for the day. The buy at 3269 which paid and the buy at 3281 which didn't get entry but yet still shot up 15 pips.

It's holiday and hopefully we'll all have some free time coming up. Get your study on! Try trading this system without 2b setups and any indicators. Nothing but the retest of 2. Stick with it! Too many chefs spoil the soup so lets just work with the best chef in the bunch. Work on this until you can see the setup coming from a mile away. It's human nature to complicate things. This is a very simple setup that requires some chart time to recognize. The biggest obstacle will most likely be the thought that this is too easy to be real. Just stick with it. Ask questions here if you have em.
  • #1,320
  • Dec 19, 2012 8:29am Dec 19, 2012 8:29am
gl: the buy @ 3269 didn't fill(price came back only to 32695)
Become the casino
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