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The 5 minute TF S&R trading system

if we strictly follow the rules and stop trading after 2 trades in a day, then we lose the eu 2% win on 12th mar and also lose the eu 3% win on 25th mar. we also possibly lose the eu 2% win on 28th mar as this is preceded by two losses on the same day.

this gives a worst case scenario of eight 3% wins, two 2% wins, and eight 3% losses giving return of 4% for the month
Become the casino
Quoting wnabo
{quote} Searched could not find it.
Search on skype---tf5minute
Todays recap a 3% loss followed by a 2% win -1% acct now at + 10%. Erasmus there were quite a few non setups remember we start day with a bo of a swing followed by a pb
Quoting Slimpick
Hi danieltang I am new to this thread and system but here is how I took that trade. If I am wrong someone please correct me. Tnx. {image}
excellant you got it
Quoting fxpivots
go to Skype and look up 5m tf s and r
Searched could not find it.


Also Fxpivots please could you confirm what he just said? Should we really start counting again if price action gives a pullback that makes a new low?
just grabbed a 3% win off a123 right out of the box at 01 on eu. hope theres 1 more trade left today acct up to 13%
big pb
Quoting fxpivots
just grabbed a 3% win off a123 right out of the box at 01 on eu. hope theres 1 more trade left today acct up to 13%
Hi fxpivots,

is it like these? Thanks!

Best Regards
Daniel Tang
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Hey Daniel,

How I traded it.

Good trading.

Mr. Warner
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that is correct daniel
Quoting erasmus66
if we strictly follow the rules and stop trading after 2 trades in a day, then we lose the eu 2% win on 12th mar and also lose the eu 3% win on 25th mar. we also possibly lose the eu 2% win on 28th mar as this is preceded by two losses on the same day. this gives a worst case scenario of eight 3% wins, two 2% wins, and eight 3% losses giving return of 4% for the month
I commented a little. Commented only about those setups I did not take or missed. And I think I had some extra ones but you already saw them before when we discussed them with Fx
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Remember at start of day you wait for bopb. Its.good to backtest to hone skills in realtime which I think you both got it so lets move on from march 2013 I got 17% for that month
We all had a 3% win on long eu at 51. Acct stands at 20% this month with 8 days remaining looking real good
Quoting fxpivots
We all had a 3% win on long eu at 51. Acct stands at 20% this month with 8 days remaining looking real good
What is 51?
50/51 is where we entered
Wow just watched your video fxp, I cant help but think I 've heard your voice on other forex videos somewhere.

Have you made videos elsewhere?


Thanks
Quoting fxpivots
50/51 is where we entered
Sorry, but I don't understand 50/51... This is time or price or what?
Quoting Morcos
{quote} Sorry, but I don't understand 50/51... This is time or price or what?

It is the price

This was the trade:

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Interesting day we went long ej at 39 with target 56 it went to 53 three times then pb stop for b e was in place so plan was if I dont get taken out I will grab 2% and was fortunate to grab it. They we went long at 55 and we all grabbed another 2%. Acct up 24% this month
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