The 5 minute TF S&R trading system

123 forming

Well last day of month nothing happenibg + 19 % will cash in

Sounds like a good plan. Price been channeling for the last hour or so. Probably big break on the way.... As i type there goes the break..

well played fx - good work

haha, gl you must be psychic!

Managing the trade also includes holding on to accumilation

Short 65

Out with +10 2%

For some reason, seeing you take that trade put a smile on my face

The reason for short at 65 is 2b followed by 123 and it was supply aeea also. I bailef because nfp day get what you can

I saw the same trade and was late to the party. My entry was suppose to be at 67 and i would have exited at 53 due to the stall. Entry for the same reason as you stated SD plus 2B near the london session high.

I don't look for 2b's or set out to trade them, i just look for rejection of a certain magnitude in certain areas. Funny thing is most of the rejections i see are 2Bs

True and there seems to be a retest hence the 123. We can call the the big W or M put them both together it spells high probability

Well, that was interesting. NFP.

If news wasnt coming up at 10 this is a clear setup to trade the trwnd pullbacl at 17

And that would have won

Another repeat of friday supply area and entry the same at 74 win

So where is everyone? Looking for another strategy? Good luck finding one

Good eye eeasmus

good trade - well done!