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The 5 minute TF S&R trading system

  • #4,481
  • Oct 30, 2013 8:06am Oct 30, 2013 8:06am
55 short if it comes back
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  • #4,482
  • Oct 30, 2013 8:06am Oct 30, 2013 8:06am
Looks like 2 possible points of interest. 1.3757 would be a 2 point in a 123 and 1.3764 is the low of a 2b? any thoughts?
  • #4,483
  • Oct 30, 2013 8:08am Oct 30, 2013 8:08am
Quoting erasmus66
55 short if it comes back

Did you take it then it was a full loss right?
  • #4,484
  • Oct 30, 2013 8:10am Oct 30, 2013 8:10am
It's setting up, just got the required 2 bars clear. Question is short at 1.3757 or 1.3764?
  • #4,485
  • Oct 30, 2013 8:11am Oct 30, 2013 8:11am
Quoting Sossos
It's setting up, just got the required 2 bars clear. Question is short at 1.3757 or 1.3764?
You have to decide for yourself
  • #4,486
  • Oct 30, 2013 8:19am Oct 30, 2013 8:19am
Took 7 pips. Long 1.37454
  • #4,487
  • Oct 30, 2013 8:27am Oct 30, 2013 8:27am
technically there is nothing really happening today. we were sideways then price went up 25 pips earlier in the morning then sideways again so if you were to play anything and I wouldn't then snails long at 45 would be resistance turning into support
  • #4,488
  • Oct 30, 2013 8:53am Oct 30, 2013 8:53am
fomc @2pm est, always makes for strange days
  • #4,489
  • Oct 30, 2013 10:31am Oct 30, 2013 10:31am
fx, with reference to yesterday(which came in too late), wasn't the long at 74 rather than 70:

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd29oct2013.GIF Size: 43 KB
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  • #4,490
  • Oct 30, 2013 11:09am Oct 30, 2013 11:09am
Quoting erasmus66
fx, with reference to yesterday(which came in too late), wasn't the long at 74 rather than 70: {image}
Still waiting for your answer ;-)
  • #4,491
  • Oct 30, 2013 4:32pm Oct 30, 2013 4:32pm
70 was the last high where we had 2 closes above. 74 didnt either way no entry
  • #4,492
  • Oct 31, 2013 6:55am Oct 31, 2013 6:55am
55 Short?
  • #4,493
  • Oct 31, 2013 7:01am Oct 31, 2013 7:01am
hi oak, yes i see that too but data in 30 mins
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  • #4,494
  • Oct 31, 2013 7:07am Oct 31, 2013 7:07am
Quoting erasmus66
hi oak, yes i see that too but data in 30 mins

Yeah just saw it

Hey Erasmus you didnt answered my question regarding that one trade that was a full loss, did you take hat one because u announced it here?
  • #4,495
  • Oct 31, 2013 7:43am Oct 31, 2013 7:43am
apologies oak, missed your question yesterday - my mistake. yes, took full loss
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  • #4,496
  • Oct 31, 2013 7:45am Oct 31, 2013 7:45am
Quoting erasmus66
apologies oak, missed your question yesterday - my mistake. yes, took full loss

Thanks :-)
  • #4,497
  • Oct 31, 2013 7:58am Oct 31, 2013 7:58am
I dont think dudley speaking is news
  • #4,498
  • Oct 31, 2013 8:16am Oct 31, 2013 8:16am
Possible double scenario?
Attached Image
  • #4,499
  • Oct 31, 2013 8:29am Oct 31, 2013 8:29am
Quoting Dufoo
Possible double scenario? {image}

Loks good
  • #4,500
  • Oct 31, 2013 8:37am Oct 31, 2013 8:37am
What now? Two candles closed above... hmmm
Attached Image
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