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The 5 minute TF S&R trading system

  • #2,001
  • Feb 11, 2013 8:13am Feb 11, 2013 8:13am
Glad I didn't but if I did I would be out at b e. Remember to manage trade.
  • #2,002
  • Feb 11, 2013 8:17am Feb 11, 2013 8:17am
As you can see entire pullbacks today are deep have to get in on the current trend or else this is what you get. Glad to get the trade I got
  • #2,003
  • Feb 11, 2013 9:06am Feb 11, 2013 9:06am
Thumbs up to you. I wasn't here for the 02 entry and I missed the 89 entry as i was a little busy here at work. Good to see your takin your gains and keepin em.
  • #2,004
  • Feb 11, 2013 9:11am Feb 11, 2013 9:11am
Accumulate and manage
  • #2,005
  • Feb 11, 2013 9:18am Feb 11, 2013 9:18am
FX congratz you can manage to collect pips and your %.
  • #2,006
  • Feb 11, 2013 9:33am Feb 11, 2013 9:33am
When you get up 13 or so and then a bounce take what you can it's all money
  • #2,007
  • Edited 10:00am Feb 11, 2013 9:36am | Edited 10:00am
1.33708 long. BE now

That would be + 15 .
  • #2,008
  • Feb 11, 2013 10:08am Feb 11, 2013 10:08am
Snail you got triggered?
  • #2,009
  • Feb 11, 2013 10:41am Feb 11, 2013 10:41am
Nice trade snail
  • #2,010
  • Feb 11, 2013 12:01pm Feb 11, 2013 12:01pm
Quoting Good Lookin
And there it goes. Stopped out at BE. It actually went to +14 but retraced faster than i was able to TP while it was above +10
pity .... using attached MT4 scripts with keyboard shortcuts could prevent such loss. I got them here in FF but can't recollect the sources.
Attached File(s)
File Type: mq4 Close All OPEN Orders.mq4   1 KB | 436 downloads
File Type: mq4 e-MoveSLTPbyMouse.mq4   16 KB | 483 downloads
File Type: mq4 Set BE+1.mq4   3 KB | 478 downloads
File Type: mq4 BUY.mq4   < 1 KB | 516 downloads
File Type: mq4 SELL.mq4   < 1 KB | 451 downloads
  • #2,011
  • Feb 11, 2013 1:49pm Feb 11, 2013 1:49pm
Quoting snail69
1.33708 long. BE now

That would be + 15 .
Hey Snail, can you please collaborate on that trade a little more, because i was looking to go short at the same level, as i saw it as a resistance.
  • #2,012
  • Feb 11, 2013 2:32pm Feb 11, 2013 2:32pm
Quoting fosters
pity .... using attached MT4 scripts with keyboard shortcuts could prevent such loss. I got them here in FF but can't recollect the sources.
I don't trade using MT4 but thank for your consideration.
  • #2,013
  • Edited 3:03pm Feb 11, 2013 2:42pm | Edited 3:03pm
Vince I can help you out price trended down and formed a 123 actually twice . It then broke point 2 and had 2 closes above point 2 he traded the pullback to point 2 to go long
  • #2,014
  • Feb 11, 2013 3:20pm Feb 11, 2013 3:20pm
Quoting fxpivots
Vince I can help you out price trended down and formed a 123 actually twice . It then broke point 2 and had 2 closes above point 2 he traded the pullback to point 2 to go long
That makes sense. I haven't noticed 123 before you mentioned it. Have to train my eyes. Thanks Fx!
  • #2,015
  • Edited 7:57pm Feb 11, 2013 7:08pm | Edited 7:57pm
Quoting fxpivots
Snail you got triggered?
Entered at market plus 2 from level. Do not like those missed entries turned winners after that.
  • #2,016
  • Feb 11, 2013 7:10pm Feb 11, 2013 7:10pm
Quoting fxpivots
When you get up 13 or so and then a bounce take what you can it's all money
FX did not enter short at 2 as you. It was somehow shorter move to my liking. Something 6 pips after abc and then pullback. But it was a win after all.
  • #2,017
  • Feb 11, 2013 7:12pm Feb 11, 2013 7:12pm
Quoting vince
Hey Snail, can you please collaborate on that trade a little more, because i was looking to go short at the same level, as i saw it as a resistance.
Thanks FX for explanation and sorry Vince for not replying, was already off as it was after midnight here. (China)
  • #2,018
  • Feb 11, 2013 7:14pm Feb 11, 2013 7:14pm
Quoting fxpivots
Nice trade snail
Thank you FX , just still missing longer streaks of winners - consistency.
  • #2,019
  • Feb 12, 2013 6:55am Feb 12, 2013 6:55am
Looks like that 123 at top was a winner. Got there to late
  • #2,020
  • Feb 12, 2013 7:09am Feb 12, 2013 7:09am
Quoting fxpivots
Looks like that 123 at top was a winner. Got there to late

Saw it but as yesterday, down only several pips - around 6. How to judge then what it sufficient.
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