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The 5 minute TF S&R trading system

  • #3,901
  • Sep 8, 2013 7:44pm Sep 8, 2013 7:44pm
Quoting fxpivots
here is chart mr pipps of just that trade at 59 {image}

thanks, that is an interesting one but i see what you did. Nice trade.
  • #3,902
  • Sep 9, 2013 7:23am Sep 9, 2013 7:23am
seems like 94 long?
but is there enough space?
  • #3,903
  • Sep 9, 2013 8:09am Sep 9, 2013 8:09am
2b with div but market went from rock and roll to a waltz
  • #3,904
  • Sep 9, 2013 8:24am Sep 9, 2013 8:24am
low volume again, like last wed.
  • #3,905
  • Sep 9, 2013 8:29am Sep 9, 2013 8:29am
Probably because theres no news
  • #3,906
  • Edited 8:57am Sep 9, 2013 8:40am | Edited 8:57am
If market would pullback clean from here 09 seems like the spot to go long
  • #3,907
  • Sep 9, 2013 9:28am Sep 9, 2013 9:28am
Market seemed so dead slow, I didn't take it....Oh well...on to next set up.....
  • #3,908
  • Sep 9, 2013 10:03am Sep 9, 2013 10:03am
Price jus fly with no pullbacks to trade
  • #3,909
  • Sep 10, 2013 8:26am Sep 10, 2013 8:26am
49 long if pullback clean
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  • #3,910
  • Sep 10, 2013 8:31am Sep 10, 2013 8:31am
Yep 49
  • #3,911
  • Sep 10, 2013 8:36am Sep 10, 2013 8:36am
Cancel 49
  • #3,912
  • Sep 10, 2013 8:39am Sep 10, 2013 8:39am
everybody see why this was not a trade:

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd10sep13.GIF Size: 33 KB
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  • #3,913
  • Sep 10, 2013 8:40am Sep 10, 2013 8:40am
yes cancel 49 thanks fx
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  • #3,914
  • Sep 10, 2013 8:41am Sep 10, 2013 8:41am
Quoting fxpivots
Cancel 49

can you explain why cancel 49..i agree but want to see if i cancelled for correct reason
  • #3,915
  • Sep 10, 2013 8:44am Sep 10, 2013 8:44am
Quoting erasmus66
everybody see why this was not a trade: {image}

I don't see any reason why that was not a trade!

Explain it please???
  • #3,916
  • Sep 10, 2013 8:45am Sep 10, 2013 8:45am
Quoting erasmus66
everybody see why this was not a trade: {image}

no, explain why. obviously it did not produce a sell trade but that is easy to see in hindsight. I did not take this because i saw the trend changing but what prevented this from being a trade in this system?
  • #3,917
  • Sep 10, 2013 8:48am Sep 10, 2013 8:48am
BTW, thanks everyone for explaining your strategies "in the moment" because it is easier to learn your thought process and how to interpret your strategy as the market reveals what it is doing, than it is to see it in hindsight.
  • #3,918
  • Sep 10, 2013 8:52am Sep 10, 2013 8:52am
I think the reason was because it had not moved down enough to give room for the trade to work...
  • #3,919
  • Sep 10, 2013 9:17am Sep 10, 2013 9:17am
my take was as follows:

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd10sep13a.GIF Size: 37 KB
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  • #3,920
  • Sep 10, 2013 9:18am Sep 10, 2013 9:18am
similar to 11 jun 2013:

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd11jun13a.GIF Size: 43 KB
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