The 5 minute TF S&R trading system

short @ 1.2866 if it pulls back?

well we have a 123 and also a long at 53 took long went down by 10 just broke even

non farm week is very tricky

surprised you took long - wasn't it a 2b at the top?

we had 2 possible entrys the long at 53 or the 123 short I usually take the entry that happens first

Hello i am following this threat with joy.

but i am new to this.
may i post my charts so i will see if my price reading is ok ?

Thank Fxpivots and others.

post away omidak

the thread is based on a 5m chart, you are on a 15m

also you have 123 numbered wrong high is 1 pullback 2 retest 3

ok thank you
I am wrong on everything

let me try again -)

Hi folks, very interesting. I'm now trying this on a demo. Looks good Quick question: to go for 3% at 15 pips are you using leverage? Thanks in advance.

Total target and stop 13 pips. 3% based on you acct. So if you got 10000 risk is 300 so its 13 into 300 so its 2.3 standard lots or 23 a pip

new try -)

thank you for the help.

should i wait for the break and retest?

123 forming lets see if it materializes

which currencies ?

Another Charts

waiting for the break 2 and the retest to go short.

Omidak this last chart is correct we had trend then 123. The other chart no trend therefore no 123. 123s and 2b s happen at end of trends

Little late in the session , 17 is the number.

Edit: TP Hit, thanks fxpivots for this strategy.

Thats the number i didnt take it out of my time zone

Thank you Fxpivots

Here my trade that worked...
I hope everything is ok -)