The 5 minute TF S&R trading system | Page 151 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trend Follower 5 Minute System 3,787 replies

Gamblers 5 and 15 minute trading system 291 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Journal for Trend Follower 5 Minute System 9 replies

5 Minute SL&TP Trading System 4 replies

Attachments: The 5 minute TF S&R trading system
Exit Attachments

The 5 minute TF S&R trading system

  • #3,001
  • Jun 28, 2013 7:29am Jun 28, 2013 7:29am
waiting at 74/75 to go long
  • #3,002
  • Jun 28, 2013 7:51am Jun 28, 2013 7:51am
Quoting timo4sho
waiting at 74/75 to go long
order canceled
  • #3,003
  • Jun 28, 2013 8:36am Jun 28, 2013 8:36am
Will short at 78 news coming up
  • #3,004
  • Jun 28, 2013 8:55am Jun 28, 2013 8:55am
New sell 55
  • #3,005
  • Jun 28, 2013 9:16am Jun 28, 2013 9:16am
Last chance 29 new short area
  • #3,006
  • Jun 28, 2013 9:46am Jun 28, 2013 9:46am
Well it didn't happen here months recap: 3 B E trades 4 wins at 3% and 2 wins at 2% total of 16%
  • #3,007
  • Jun 28, 2013 9:48am Jun 28, 2013 9:48am
nice month - well done!
Become the casino
  • #3,008
  • Edited 10:21am Jun 28, 2013 10:14am | Edited 10:21am
Quoting fxpivots
Will short at 78 news coming up
hi fx,

would you mind elaborating on why you were willing to play shorts at 78 and 55? these levels were still in a box after price tried a breakout to the upside and got rejected? I would think that you rather waited for price to hit another high of day or low of day (41 area in this case) before entering a trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 130 KB
  • #3,009
  • Jun 28, 2013 10:22am Jun 28, 2013 10:22am
Quoting fxpivots
Well it didn't happen here months recap: 3 B E trades 4 wins at 3% and 2 wins at 2% total of 16%
congrats!!! very well done ... beat me by 4%
  • #3,010
  • Jun 28, 2013 10:25am Jun 28, 2013 10:25am
We'll price came down to 78 it took out last higher low then price went lower so 78 was last pullback same with with other 2 potential setups always look at what's currently happening not old levels
  • #3,011
  • Jun 28, 2013 10:28am Jun 28, 2013 10:28am
Next week nfp and a holiday goal 3%
  • #3,012
  • Jul 1, 2013 1:42am Jul 1, 2013 1:42am
Hi all
2 trades today
U/J long 99.39 win
E/J long 129.47 win
  • #3,013
  • Jul 1, 2013 2:11am Jul 1, 2013 2:11am
One more U/J
99.46 long win
  • #3,014
  • Jul 1, 2013 7:57am Jul 1, 2013 7:57am
Looks like 37
  • #3,015
  • Jul 1, 2013 8:07am Jul 1, 2013 8:07am
Cancel 37
  • #3,016
  • Jul 1, 2013 9:25am Jul 1, 2013 9:25am
fx, here's 2 examples of 2b trades with both divergence and trend divergence - do we still take the trade:

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd10feb12a.GIF Size: 48 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eurusd08jun12.GIF Size: 45 KB
Become the casino
  • #3,017
  • Jul 1, 2013 11:10am Jul 1, 2013 11:10am
Erasmus it looks like you got both charts right
  • #3,018
  • Jul 1, 2013 12:07pm Jul 1, 2013 12:07pm
wasn't around during the session, so looking back I cant reason out why you decided to cancel the 37 short?
  • #3,019
  • Jul 1, 2013 12:46pm Jul 1, 2013 12:46pm
I canceled when price started pulling back second time then went to bathroom and then realized I should have short it
  • #3,020
  • Jul 1, 2013 2:25pm Jul 1, 2013 2:25pm
Nice thread and approach; look forward to following and contributing.
8 traders viewing now