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The 5 minute TF S&R trading system

  • #4,901
  • Dec 30, 2013 8:15am Dec 30, 2013 8:15am
Quoting spike00spieg
{quote} That's not the point, the idea is to have a good pullback where people will buy/sell to get back in the trend or get stop-lossed which push the price further in the trend. You could say a 1 5 min candle or 5 1 min candles is just market up and down noise, no accumulation that will push the price.
I understand what you are talking about but still market has a fractal structure what means we have accumulations any time frame , but off course much smaller then on higher timeframes. We have S-D zones and S/R on M1, M5, etc..., it just they are weaker, happens faster and in smaller range that is all ... dont'you thik so..?
JacekPreserve Precious Capital
  • #4,902
  • Dec 30, 2013 8:40am Dec 30, 2013 8:40am
I think you guys are missing the point true patterns happen on all timeframes the key is to spot them on the one your on. If it is a recurring thing then go with it. Also if charts are to be posted it would be helpful if you used other months the market during Christmas and new year are non tradable.
  • #4,903
  • Dec 30, 2013 11:07am Dec 30, 2013 11:07am
Quoting Jackub
{quote} I understand what you are talking about but still market has a fractal structure what means we have accumulations any time frame , but off course much smaller then on higher timeframes. We have S-D zones and S/R on M1, M5, etc..., it just they are weaker, happens faster and in smaller range that is all ... dont'you thik so..?
Well yes, but I think that at some point the range is just to random and you could call that noise.
  • #4,904
  • Dec 30, 2013 11:55am Dec 30, 2013 11:55am
There was few opportunities today, here is one of them... 10 pips
Attached Image (click to enlarge)
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JacekPreserve Precious Capital
  • #4,905
  • Dec 30, 2013 6:10pm Dec 30, 2013 6:10pm
Hello everyone Compliments of the season. Im new to this system. Can anyone help me with a copy of the video in wmp. i cant open the one i downloaded from the first page. I dont understand the pdf well enough. I know I ll get it once I watch the video. pls help anyone?
  • #4,906
  • Dec 30, 2013 6:55pm Dec 30, 2013 6:55pm
Download teamviewer to open video.
  • #4,907
  • Dec 30, 2013 7:06pm Dec 30, 2013 7:06pm
though I wont start trading again till jan 6 here are 2 setups today
Attached Image(s) (click to enlarge)
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  • #4,908
  • Dec 30, 2013 7:51pm Dec 30, 2013 7:51pm
Quoting fxpivots
Download teamviewer to open video.

Already have tried using it to open the video. It only produced this (attached). pls help.
  • #4,909
  • Dec 30, 2013 9:07pm Dec 30, 2013 9:07pm
Quoting wnabo
{quote} Already have tried using it to open the video. It only produced this (attached). pls help.

Finally got it to play. My TeamViewer needed updating. But It seems Its the recent video for December (that I just read about a few pages ago) that I got; and not the first video. Is the first one absolutely invalid. And if so should I stop reading through the thread from the begining.
Thanks Again.
  • #4,910
  • Dec 30, 2013 9:16pm Dec 30, 2013 9:16pm
I havent gone through the video throughly {I will again and again} But I heard you constantly refering to trades beginning at 12 oclock but at the start of the thread you said this strategy could be traded anytime. Another adjustment I presume. And if so pls 12.00 when EST? GMT?
Thanks again
  • #4,911
  • Dec 31, 2013 9:48am Dec 31, 2013 9:48am
Is this setup from today in European Session for EUR/YEN valid due to rules:

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  • #4,912
  • Dec 31, 2013 10:42am Dec 31, 2013 10:42am
Yes oak correct
  • #4,913
  • Jan 1, 2014 2:53am Jan 1, 2014 2:53am
wow i watch the video, and want to thank you for sharing this 1,2,3 setup. i was reading halfway from 1st thread and jump to the last few threads, seems like it has evolved from a simple SR trading to 123 setup.
  • #4,914
  • Jan 1, 2014 10:48am Jan 1, 2014 10:48am
Happy New Year Everyone. Once again Pls FXpivots, the video down loaded from the beginning of the forum is the new revised version or the original . Thanks for a great System by the way.
  • #4,915
  • Jan 1, 2014 11:19am Jan 1, 2014 11:19am
Happy near and your welcome we are going to make some nice income this year
  • #4,916
  • Jan 1, 2014 11:27am Jan 1, 2014 11:27am
have no doubt about that. Im loving your system already especially its ability to detect and trade successful setups even on little or no trading days. Ive definitely adopted it. Though im trying to be funny here, but in the video you actually sound like the Don Corneolli from The god Father. Is that why you've given an offer I can't refuse?
  • #4,917
  • Jan 1, 2014 1:44pm Jan 1, 2014 1:44pm
Leave the gun take the canoli
  • #4,918
  • Edited 8:20pm Jan 1, 2014 8:09pm | Edited 8:20pm
I have watch the video twice. Want to confirm the following with all of you

Am i right on skipping the 123 trades on the following?

1) The 123 setup is on 5 min setup, aim for less than 26pips for take profit (ie if the pips distance between Point 2 and Point 1 is too wide, may need to skip the trade)

2) Lack of trend (if too many wicks and prices not moving down or up strongly prior to 1,2,3)

3) Trading time is best from 7am to 11 EST?

4) Trade only Eur/Usd and Eur/JPY?

5) Avoid trading during Xmas and New year.

Please share your views. Hope to make more pips for 2014 and make this my core strategy!
  • #4,919
  • Jan 2, 2014 3:44am Jan 2, 2014 3:44am
My GU trades
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JacekPreserve Precious Capital
  • #4,920
  • Edited 4:12am Jan 2, 2014 3:47am | Edited 4:12am
Quoting Jackub
My GU trades {image}

Nice money but explain your trades because i do not see the system explained here behind it

First trade i can see a small pullback thats ok i think but the second trade is a double scenario without enough room.


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Thanks
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