The 5 minute TF S&R trading system

Erasmus I would have used in I did use the low to the left which was 60 and it went down to 52 I got a B E on that trade after looking at it again I wouldn't trade it again though it did go down 20 pips price was pretty much consolidating and then the big push so even if you got in at 58 and then it went up it did come down to 58 twice so maybe a 2 or 3 pip loss as it formed a 123 so 1% loss at worst cant win them all but 90% aint bad

1 loss in long EU. 1 win in Short EU. Be for the day atm

Just one short at 48 for +10 for me

so far 2 trades (2 wins for me) ... think I'm done for the day unless an A+ setup presents itself

1. short 48 for +10

2. short 37 for +10

Good job timo !

1 loss and 2 wins today for me. : )

Not a bad day afterall. Done for the day. Time to watch Man of Steel.

will sell at 06 if it comes back clean

be

Sell 13

Stop to B e

That was a nice quick win

nice one

i sold at 12

I guess you may go to 15m chart to find the reason. Thats what I did when I can't identify a clear R/S level

13 was last low with 2 closed below. At 06 we had only 1 close below

i couldn't resist and did take another trade (only half size though) ...

so here are all of today's trades (3 wins --> 1 with half size because i thought i was done for the day) --> the last trade i just missed but would've probably traded it half size as well had i been in front of the screens ;-)

TOTAL: +2,5R

sell 97

i missed it

hey David, my oder didn't fill either - missed by 1 pip. good sell at 12 btw - well done

thanks!! gd luck trading

i've just understood(brain not working today) - many thanks fx - top trading