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The 5 minute TF S&R trading system

  • #2,261
  • Mar 21, 2013 10:32am Mar 21, 2013 10:32am
was trying to work out why you were long at 99 - many thanks for explaining
Become the casino
  • #2,262
  • Mar 21, 2013 10:47am Mar 21, 2013 10:47am
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Become the casino
  • #2,263
  • Mar 21, 2013 10:50am Mar 21, 2013 10:50am
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Become the casino
  • #2,264
  • Mar 21, 2013 11:04am Mar 21, 2013 11:04am
Erasmus perfect chart analysis. Our goal is to follow the guys moving market and this method is one of those ways. If they want to reverse trend then we agree always with them
  • #2,265
  • Mar 21, 2013 1:05pm Mar 21, 2013 1:05pm
struggling to identify trend reversal signals - see following example from 2009:
Become the casino
  • #2,266
  • Mar 21, 2013 1:07pm Mar 21, 2013 1:07pm
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Become the casino
  • #2,267
  • Mar 21, 2013 1:16pm Mar 21, 2013 1:16pm
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Become the casino
  • #2,268
  • Mar 21, 2013 1:37pm Mar 21, 2013 1:37pm
Ok on first chart trend was up then it went sideways then it went down and where you had entry if it hit you Re in trade that is not a valid 123 it was just a breakout so that would just be a winner the second chart is right but where you had point 1 to left in midst of downtrend it pulledbck where your point 2 is so that would have won
  • #2,269
  • Mar 22, 2013 6:10am Mar 22, 2013 6:10am
There's a quick win from 34
  • #2,270
  • Mar 22, 2013 6:15am Mar 22, 2013 6:15am
wasnt quite 7 yet---lol
  • #2,271
  • Mar 22, 2013 6:33am Mar 22, 2013 6:33am
Yeh entry 657 if it's there it's there
  • #2,272
  • Mar 22, 2013 7:20am Mar 22, 2013 7:20am
Looks like short at 55
  • #2,273
  • Mar 22, 2013 7:28am Mar 22, 2013 7:28am
fight at 47
  • #2,274
  • Mar 22, 2013 7:31am Mar 22, 2013 7:31am
Quoting fxpivots
Looks like short at 55
finally trying this out sold at 56
Attached Image (click to enlarge)
Click to Enlarge Name: eu22nd.png Size: 24 KB
thankyou gregwilson
  • #2,275
  • Mar 22, 2013 7:36am Mar 22, 2013 7:36am
If you managed trade right you should be out at B E a it double bottomed at 47
  • #2,276
  • Mar 22, 2013 7:43am Mar 22, 2013 7:43am
Quoting fxpivots
If you managed trade right you should be out at B E a it double bottomed at 47

am still in dint manage the trade formed a morning star/double bottom am watching
thankyou gregwilson
  • #2,277
  • Mar 22, 2013 7:45am Mar 22, 2013 7:45am
We officially are in consolidation
  • #2,278
  • Mar 22, 2013 7:46am Mar 22, 2013 7:46am
formed a pin at entry am toast.....no worries
thankyou gregwilson
  • #2,279
  • Mar 22, 2013 7:54am Mar 22, 2013 7:54am
If we don't follow what market is saying then we are trying to move the market
  • #2,280
  • Mar 22, 2013 7:57am Mar 22, 2013 7:57am
trade mgnt is very very important ...that av learnt al keep posting charts till i master this strategy
thankyou gregwilson
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