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The 5 minute TF S&R trading system

  • #5,241
  • Jan 17, 2014 12:44pm Jan 17, 2014 12:44pm
Quoting fxpivots
All of us were indoctrinated with indicators once you remove them and look at p a it takes a little getting use to but once you do kachink!
Exactly, Fx
  • #5,242
  • Jan 17, 2014 1:14pm Jan 17, 2014 1:14pm
Entry was the 810 candle Oakwood
  • #5,243
  • Edited 4:07pm Jan 17, 2014 3:53pm | Edited 4:07pm
harold4x - key to the mint.....gotcha!
  • #5,244
  • Jan 17, 2014 6:14pm Jan 17, 2014 6:14pm
todays trade oak
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  • #5,245
  • Jan 17, 2014 10:44pm Jan 17, 2014 10:44pm
Quoting fxpivots
todays trade oak {image}

Can you please look at this if i understood it right:


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Basically we start counting after the candle that took out high/low of the candle that made a new low/high????
  • #5,246
  • Edited Jan 18, 2014 1:51am Jan 17, 2014 11:33pm | Edited Jan 18, 2014 1:51am
@ FXPIVOT:

Can you please explain why this one you posted was a trade:

MARCH 01 2012 EUR/USD

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  • #5,247
  • Edited 12:40am Jan 18, 2014 12:23am | Edited 12:40am
@ FXPIVOT:

What about these three trades in MARCH 2012 you did not consider:

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  • #5,248
  • Jan 18, 2014 3:14am Jan 18, 2014 3:14am
Again you start counting from the very last pullback candle
  • #5,249
  • Jan 18, 2014 3:43am Jan 18, 2014 3:43am
Quoting fxpivots
Again you start counting from the very last pullback candle

So did i exlpain it the right way on my pic???


What about the clear trades i posted from March 2012 what was wrong about them? There was no news and no trade in EJ parallely.
  • #5,250
  • Jan 18, 2014 9:11am Jan 18, 2014 9:11am
Very good oak the reason those werent posted is because other pair triggered first but the days are same and were posted. I am putting together another video and all rules will be totally ezplained so there will be no doubt about anymore trades, setups etc.
  • #5,251
  • Jan 18, 2014 9:28am Jan 18, 2014 9:28am
*twiddles thumbs while waiting on new video*
  • #5,252
  • Jan 18, 2014 4:31pm Jan 18, 2014 4:31pm
Quoting fxpivots
Very good oak the reason those werent posted is because other pair triggered first but the days are same and were posted. I am putting together another video and all rules will be totally ezplained so there will be no doubt about anymore trades, setups etc.

There was nothing posted for March 2nd neither EJ nor EU??
  • #5,253
  • Edited 7:32pm Jan 18, 2014 5:33pm | Edited 7:32pm
I have just made a small video explaining all the rules and setups and managment of trades https://www.dropbox.com/s/7fpuiks3bg...18%2020.08.tvs
  • #5,254
  • Jan 18, 2014 10:32pm Jan 18, 2014 10:32pm
Quoting fxpivots
I have just made a small video explaining all the rules and setups and managment of trades https://www.dropbox.com/s/7fpuiks3bg...18%2020.08.tvs
Thank you FXpivots....
JacekPreserve Precious Capital
  • #5,255
  • Edited Jan 19, 2014 3:32am Jan 18, 2014 11:56pm | Edited Jan 19, 2014 3:32am
Quoting fxpivots
I have just made a small video explaining all the rules and setups and managment of trades https://www.dropbox.com/s/7fpuiks3bg...18%2020.08.tvs

Thanks a lot FX.

There is one Major Rule missing in my eyes that makes a big difference:

From when do you start watching Price Action for the current trading session??

Do you only watch at what happened at the same day to analyse what market is doing or what is the rule for that?

Thanks for answering
  • #5,256
  • Jan 19, 2014 7:23am Jan 19, 2014 7:23am
Trade in the now
  • #5,257
  • Jan 19, 2014 9:52am Jan 19, 2014 9:52am
Quoting fxpivots
Trade in the now
What is trade in the now?????

Do you watch the last days price action also?
  • #5,258
  • Jan 19, 2014 10:59am Jan 19, 2014 10:59am
No just current pa. So if we are sideways trade bo or if trending trade p b etc
  • #5,259
  • Jan 19, 2014 11:52am Jan 19, 2014 11:52am
Quoting fxpivots
No just current pa. So if we are sideways trade bo or if trending trade p b etc

I now understand everything but you have to start looking from somewhere, where you decide it trending or not.

And there is a big difference if you consider the last 2 hours or 9 hours beeing important for your system or wouldnt you agree on that???.

Saying "trade from now" is a discretionary answer and i thought you might have a strict rule regarding this but if not then its ok.
  • #5,260
  • Jan 19, 2014 12:19pm Jan 19, 2014 12:19pm
oak I don't know if you are familiar with this old t v show called columbo he was an investigator and his famous thing was always asking 1 more question. I have explained this in every video I will now post 6 charts and hope you get it this time
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