The 5 minute TF S&R trading system

The perverbile near miss

Hey G L it seems at least for today that when we get these enormus moves with not pullbacks the 1 minute chart seemed to have given us entries whats your take

is this trade from aug 12 valid?

Yes i've noticed this as well. I've done some light testing with this in the past. I used the 5 min for trade signals and 1 minute for entry on those same signals, on about 80 or so trades i think it won about 77% of the time. This is a ruff estimate and it was definately not an extensive test. But i'd say it shows promise.

Edit: Found some of the notes i took on that test. It was a total of 86 trades 68 wins 18 losses. 15 pip tp/stop. I don't see the dates anywhere but i did write that the regular 5min entry only gave a total of 53 trades with 44 wins and 9 losses. Seems the win % is roughly the same but again this was just a prelim test to see if there was something there.

eramsus yes that would be entry

thanks fx. was worried that highlighted area was a 2b - thoughts?

2 things erasmus I don't have that data what was 2 point of 2b it also might have won on first pullback. Secondly was there divergence with the 2b

http://www.7image.ru/pics/0213/338022230.png

fx, so price moves down from 1.23881 to 1.23843(i.e. less than 5 ticks) to form point 2. is this too few ticks to form a point 2?

Yesterday missed entry by several pipets.

Later there was a possible entry set up as marked.

Hi all, some nice sensible work in here. Trend change, long EU @ 1.3402.




Daz.

Another winner

Looks like we got a trend developing on EU. Anyone catch this short? At b/e now.



Daz.

News in a few maybe we will get a pullback to trade today

you dirty scalper. wondered where you were hiding !!! done away with highs and lows eh? will read see what this is all about

Missed the 81 entry while settin up my charts. I'll enter if it comes back

Update: in

Stop at BE