The 5 minute TF S&R trading system

Long at 83. Out for +15pips. Not a bad day.

will buy at 93 if it comes back clean

nice one ... missed it as i was away from the screen ... nice run you are on jurn_e

will buy at 05 if comes back clean

Done for the day. 45pips in the bag.

anyone's take on whether this buy signal on 12 mar is legit:

did anyone by at 21?

That chart looks out of trading times

Best not to trade after 11.

just got my last +10 for today ... long from 21

will post chart with all trades later

yes, outside trading window - didn't trade it myself, just wondered if anyone did. Well played timo

I was talking about the chart you posted for march

here is the chart with all trades as well as missed trades

fx, ref. 12 mar: signal is late but comes in at 10:45

Ok this looks like a replay of yesterdat we had 123 that turned into sideways action then it drops that last low necome irelivant. This is now a breakout we need confirmation which we got when it went lower amd out of timezone this post is in reply to erasmus

many thanks fx - makes sense. i learn so much crawling through back testing with your help - much appreciated, john

also, why don't you consider signals prior to 7 - is it too early or is it unreliable

The answer is both. US opens at 7 am. Before I arrived at trading this way I used a scientist approach. They start out with a hypothesis they then set laws or rules in place and only after many experiments or in our case 3 yrs of backtesting do they then call it a theory

thanks fx - i will have a look at pre 7 signals as soon as i have finished back testing the 7-11 window.

is this sell signal on 21 may valid: