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The 5 minute TF S&R trading system

  • #2,541
  • Apr 12, 2013 10:00am Apr 12, 2013 10:00am
cheers fx - have a good w/e
Become the casino
  • #2,542
  • Apr 12, 2013 10:05am Apr 12, 2013 10:05am
No trade today. 12 trading sessions left sitting at 7.3% see you on,monday
  • #2,543
  • Edited 6:57am Apr 15, 2013 6:25am | Edited 6:57am
Possible 73 for a short if this pattern holds.

Edit: I am in this trade; looks like 80 is providing good resistance against the move up.

Edit: I am in damage control mode.

Edit: Out at -5 pips.
Trading can't be taught but it can be learned
  • #2,544
  • Apr 15, 2013 6:49am Apr 15, 2013 6:49am
another double senario that does not have enough room--68long/73short--momentum is a little more to the upside, so the long is more attractive, to me atleast
  • #2,545
  • Apr 15, 2013 7:04am Apr 15, 2013 7:04am
No trend just consolidation
  • #2,546
  • Apr 15, 2013 7:10am Apr 15, 2013 7:10am
I guess the big money is waiting for Draghi speech at 9:00 am.
Trading can't be taught but it can be learned
  • #2,547
  • Apr 15, 2013 8:22am Apr 15, 2013 8:22am
2b short at 92 valid?
Become the casino
  • #2,548
  • Apr 15, 2013 8:53am Apr 15, 2013 8:53am
Closee at + 9 2%
  • #2,549
  • Apr 15, 2013 9:01am Apr 15, 2013 9:01am
My entry was 91 bailed when price hit 80 last swing high was 79
  • #2,550
  • Apr 15, 2013 9:01am Apr 15, 2013 9:01am
nice one fx
Become the casino
  • #2,551
  • Apr 16, 2013 6:07am Apr 16, 2013 6:07am
1.3100 long if price pulls back?
Become the casino
  • #2,552
  • Apr 16, 2013 6:13am Apr 16, 2013 6:13am
scratch that we're moving on up
Become the casino
  • #2,553
  • Apr 16, 2013 6:22am Apr 16, 2013 6:22am
Looks like 06 if things dont change
  • #2,554
  • Apr 16, 2013 6:26am Apr 16, 2013 6:26am
agreed
Become the casino
  • #2,555
  • Apr 16, 2013 6:52am Apr 16, 2013 6:52am
Thinga change 123 forming and news at 830
  • #2,556
  • Apr 16, 2013 8:18am Apr 16, 2013 8:18am
29 short if price pulls back
Become the casino
  • #2,557
  • Apr 16, 2013 8:24am Apr 16, 2013 8:24am
No room to trade
  • #2,558
  • Apr 16, 2013 8:34am Apr 16, 2013 8:34am
yes fx, just realised - many thanks
Become the casino
  • #2,559
  • Apr 16, 2013 8:42am Apr 16, 2013 8:42am
See how price is trapped between 19 & 28
  • #2,560
  • Apr 16, 2013 8:47am Apr 16, 2013 8:47am
shame as it was a win
Become the casino
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