The 5 minute TF S&R trading system

Heres another thing snail yes 40 would be correct iftrend wasnt alrrady down.when we are in cosolidation amd we break out then take the 40 entry pattern. Its all about understanding what your looking at. In general it is true orders move price but all trading is really pattern recognition no matter what method you use.

Thank you GL and FX.

been enjoying ur thread for a few weeks now. i like how you all define ur entry areas, just read something by GL that makes a lot of sense
figure out the price the market does care about and trade it
keep up the good work guys

me too. need to be quick next time.

Hi guys am in gmt+3 looks like not many traders now av been watching e/j for long this looked like a prefect pattern to buy

What a crappy chart

u mean this is crappy? why crappy?am soo shocked at that comment seriously

I am looking at eurusd not eurjpy

oh ok ok i get it its e/u sorry about that was abit worried

Rules haven't changed I always trade eurusd. You can trade whatever pair you like all my analysis is with eurusd that's why I said crappy chart

You can trade the EJ with this just beware of the increased volitility in the pair.

EU is takin a bathroom break right now

As Roy orberson used to say wasted days and wasted nights

Well I traded that triangle breakout. Target - pivot hit just now.

What triangle

This one.

Ok simple breakout. Only thing is it's a 50 50 scenario without confirmation like a pullback.

It was break out of symetrical triangle ( continuation pattern ), or bearish flag after new LL and it turned to be a perfect harmonic AB=CD trade.

Nothing like a 3 hour 15 pip range

a few good setups mon n tues, now wed n thur have been pitiful