The 5 minute TF S&R trading system

Look at yesterday when FXPIVOT posted two trades there was a big move up like now and he wanted to go short twice

Today s little 123 was not ideal setup. Price broke went down a few pips then a little sideways. Yesterday price broke and went down 10 pips so there was room. Dont concentrate on every nook and cranny its still s and r

Please show me where do you see the difference in the moment when todays setup occured????

Again price broke and went dowm a couple of pips no room to hit tsrget no much more I can say

There was the same difference between Point 2 and price to reach target thats why your answer is confusing

Long 1,3323???

I got 24

Me too, where is your Stop Loss??

Is there enough room for double scenario????

more news at 9

thanks totally forgot :-(

A comment on this setup from right now please!!!

HI FX PIVOTS,

I am new to forex, but practising for 1 year. I read your thread only a week before and I really got impressed. Its so helpful and i got moulded by your thread.
Thank u very much for posting so many charts. Is it for EURUSD only?

Yes it is only EUR/USD 5 min linechart

Hi fxppivots,
am new to the forum but not to forex. Have done very well following something i see you also say... be picky because only 7-8 trades a month makes yo a lot of money. I like that. I see you mainly refer to post #64 to explain your system. I have looked at it but still am confused on some aspects. Have read all the posts for the first 15 pages and like the charts but again, still have some confusions. I will continue to review and analyze before asking questions other than this one: Do you post progressive charts of on the moment analysis to show your thought process as a trade is setting up and your trade entry when or if itoccurs (or why/when you cancel it when parameters are not met), and then final results with profits taken or stop loss hit? I have found it easiest to learn by reviewing such a series of charts. I find everyone has different abbreviations (2B, SR,SD,BE, etc, that can confuse people and often traders interpret them differently causing improper trade entries).
Looking forward to learning your system. I certainly appreciate all the charts you have posted and your comments to others.

Off to review posting 64 again...

From post 64, i have looked at the charts and first question is:
on this trade area, you took the second retracement to the previous high but ignored the first (i think). Is that because the first one (i indicate it with the red arrow), did not quite come back to the horizontal line which was the level of the first high. Do i understand correctly you set an order at the exact level of the horizontal line to make your trade entry automatically for you.

Welcome pipps well basicly we look for a trend and trade pullback. If trends looks like it might be ending via a 123 or 2b pattern we wait for confirmation by letting it break 2point with 2 closes then trade pullback

how tight are you looking at the trends...for example, there are many minor trends of course in 5 minutes when zooming in on chart closely to see individual candles( or line moves) that often will not produce much but when a person zooms out of the chart further, bigger trends can be seen that will produce good pips. Are you waiting for these bigger trends to break with 123 or 2b, or are you zooming in quite close and also taking smaller trends?

Trends come in all sizes basically HH HL LL LHm then theres the breakout trend then the reversal trend. The word teend means whats popular now. From post 64 on is the same as post 1-64 only change is its a line chart instead on candle chart same rules 10 pip stop and target traded at 3% but that does not mean I wont take 2% if trade is stalling it all about managing the trade and your money. In your example peice didnt reach entry first time. S and d is supply and demand s and r you know