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The 5 minute TF S&R trading system

  • #1,741
  • Jan 15, 2013 7:07am Jan 15, 2013 7:07am
Quoting erasmus66
couldn't have got that more wrong
Eras, sent you PM.
  • #1,742
  • Jan 15, 2013 8:39am Jan 15, 2013 8:39am
Quick win short from 44
  • #1,743
  • Jan 15, 2013 8:41am Jan 15, 2013 8:41am
Quoting fxpivots
Quick win short from 44
i wasn't gonna post it but i took that too

Attached Image (click to enlarge)
Click to Enlarge Name: quick scalp jan 15.PNG Size: 53 KB
  • #1,744
  • Jan 15, 2013 8:43am Jan 15, 2013 8:43am
Hmm still too much new in this stuff to see how this one worked. Can one of you guys explain why you took this?

Thanks!
  • #1,745
  • Jan 15, 2013 8:51am Jan 15, 2013 8:51am
It was last low before it ranked and it also corresponded with supply area
  • #1,746
  • Jan 15, 2013 8:56am Jan 15, 2013 8:56am
When this happens you got a solid trade. Hey G L if you want to chime in and explain a little maybe others will understand your charts I already do
  • #1,747
  • Jan 15, 2013 8:57am Jan 15, 2013 8:57am
Quoting fxpivots
It was last low before it ranked and it also corresponded with supply area
Same reason. I also waited to see some reaction which is why i was in at 33405 instead of 33441
  • #1,748
  • Jan 15, 2013 9:01am Jan 15, 2013 9:01am
Quoting fxpivots
When this happens you got a solid trade. Hey G L if you want to chime in and explain a little maybe others will understand your charts I already do
I will when i have the time. Sometimes i'm halfway through writing a post and i get interrupted here at work. By the time i'm back, i forget what i'm saying or i'm thinking about other things so i don't post at all.
  • #1,749
  • Jan 15, 2013 9:04am Jan 15, 2013 9:04am
You got to love those senior moments
  • #1,750
  • Jan 15, 2013 9:07am Jan 15, 2013 9:07am
here's my take on it:
Become the casino
  • #1,751
  • Jan 15, 2013 9:07am Jan 15, 2013 9:07am
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd5MinJan15b.GIF Size: 27 KB
Become the casino
  • #1,752
  • Jan 15, 2013 9:11am Jan 15, 2013 9:11am
Thanks! I now see it.

Looks like a nice setup if it makes another close above 33405, then buy a nice buy opportunity when it retraces to 33405
  • #1,753
  • Jan 15, 2013 9:21am Jan 15, 2013 9:21am
You got is erasmus
  • #1,754
  • Edited 10:08am Jan 15, 2013 9:24am | Edited 10:08am
1.33406 long

Oh it a was hard one.... +6
  • #1,755
  • Jan 15, 2013 9:35am Jan 15, 2013 9:35am
cheers fx! well done - good trade(you too gl)
Become the casino
  • #1,756
  • Jan 15, 2013 9:48am Jan 15, 2013 9:48am
Quoting snail69
1.33406 long
Out at BE. CLOSE ONE lol.

No more trades for the day for me.
  • #1,757
  • Jan 15, 2013 9:56am Jan 15, 2013 9:56am
Quoting snail69
1.33406 long
Same here, just closed for B/E. In my opninion momentum was lost.. now lets see what happens!
  • #1,758
  • Jan 15, 2013 10:10am Jan 15, 2013 10:10am
Quoting Good Lookin
Out at BE. CLOSE ONE lol.

No more trades for the day for me.
Def a hard one..... +6.
  • #1,759
  • Jan 15, 2013 10:19am Jan 15, 2013 10:19am
a quick question(open to all): how long does a trend stay active for? e.g. the following graph is 19 dec 2012 where the up trend was set in the morning sess - is the signal still valid as a buy even though it is given a long time after trend is established?
Become the casino
  • #1,760
  • Jan 15, 2013 10:20am Jan 15, 2013 10:20am
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd5Min19Dec12.GIF Size: 35 KB
Become the casino
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