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Genuine 5m 4R/R system

  • #401
  • Jun 6, 2014 3:36am Jun 6, 2014 3:36am
Quoting austin85cold
{quote} i was referring to this : {image}
I think the trend is looking slightly bearish.
  • #402
  • Jun 6, 2014 3:38am Jun 6, 2014 3:38am
Quoting rifid
{quote} Yep saw that, for good quality setups we need the tops to line up and as few pinny candlesticks as possible, remember neat and clean and pure in form gets the best results
got it rifid... any setups that you are looking at right now??
  • #403
  • Jun 6, 2014 3:48am Jun 6, 2014 3:48am
Quoting austin85cold
{quote} got it rifid... any setups that you are looking at right now??
Nothing specific, i've had a good week so i'm not going to force trades, especially with NFP comming up.
Besides its friday arvo here and nearly beer o'clock
patience is bitter, but its fruit is sweet
  • #404
  • Jun 6, 2014 3:52am Jun 6, 2014 3:52am
Quoting rifid
Excellent Result,a real rollercoaster ride on the E/J,if you look close on the entry it was actually a 3 pointer , nice neat and clean

Congratulation Coastie .... Nice ... and good discipline on your part not to have pulled the plug before it hit the TP.

Question for RIFID if you find the time : It seems that EURJPY was a nice set-up that follows the rules. Does the fact that there is no or little void after the last point (no retrace) be something we should look at ... or is this only one of the elements that would make it just perfect set-up for a trigger ?

Thanks

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY M5.jpg Size: 122 KB
  • #405
  • Jun 6, 2014 3:58am Jun 6, 2014 3:58am
Quoting Spar
{quote} Congratulation Coastie .... Nice ... and good discipline on your part not to have pulled the plug before it hit the TP. Question for RIFID if you find the time : It seems that EURJPY was a nice set-up that follows the rules. Does the fact that there is no or little void after the last point (no retrace) be something we should look at ... or is this only one of the elements that would make it just perfect set-up for a trigger ? Thanks {image}
Small void big void dos'nt matter as long as the whole set up looks 'Right" .It may take some time for you to know what looks right but it will come.
patience is bitter, but its fruit is sweet
  • #406
  • Jun 6, 2014 4:03am Jun 6, 2014 4:03am
Quoting rifid
{quote} Small void big void dos'nt matter as long as the whole set up looks 'Right" .It may take some time for you to know what looks right but it will come.
A+

"Beer o'clock" ... ROTFL ... Cheers
  • #407
  • Jun 6, 2014 4:12am Jun 6, 2014 4:12am
hey traders, so xau is this a setup
thank you rifid and your wife for this strategy, im not a big fan of low time frames, testing is a bit%h and if you go back 2007 and other years volatiliy is insane, so close psl can easily be hit
ill observe and participate, cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 52 KB
  • #408
  • Jun 6, 2014 4:19am Jun 6, 2014 4:19am
Quoting Verve
hey traders, so xau is this a setup thank you rifid and your wife for this strategy, im not a big fan of low time frames, testing is a bit%h and if you go back 2007 and other years volatiliy is insane, so close psl can easily be hit ill observe and participate, cheers {image}
Sorry mate i am not even going to look at this chart, not how we trade here.
patience is bitter, but its fruit is sweet
  • #409
  • Jun 6, 2014 4:44am Jun 6, 2014 4:44am
shortly i will post the trades that were taken or seriously considered this week.
patience is bitter, but its fruit is sweet
  • #410
  • Jun 6, 2014 4:48am Jun 6, 2014 4:48am
Quoting rifid
shortly i will post the trades that were taken or seriously considered this week.
cheers mate!!
  • #411
  • Jun 6, 2014 5:50am Jun 6, 2014 5:50am
As promised.
These where the quality trades that where presented to the followers of this method this week, obviously you couldnt possibly take them all ,you need to sleep,but keep in mind you only need 2 of these trades a week to get rich.
The times i have given are off my chart so you will have to adjust them to suit your time zone, i will give you a time guide at the end of this post so you can get your bearings.

Monday 2nd
U/J 2.45 Win 8%
g/j 15.20 Win 8%
u/j 15.20 Loss 2%
G/j 21.05 Loss 2%

Tuesday 3rd
u/j 3.55 loss 2%
g/j 7.35 B/E 0
a/u 16.40 B/E 0
nz/u 17.35 Win 8%
Ch/j 13.25 Win 8%

Wednesday 4th
us/chf 3.45 Win 8%
A/j 8.10 Loss 2%
G/u 9.15 Win 4% News
G/u 15.45 Loss 2%

Thurs 5th
A/j 13.30 Win 8%
A/u 19.00 Win 8%


Friday
E/j 9.30 Win 8%

Totals 68% win 10% loss

Net 58% gain
Wins Losses B/E
9 5 2
I hope i have'nt made any typos there, should be ok.
The time of the current candle on my chart is 13.50
patience is bitter, but its fruit is sweet
  • #412
  • Jun 6, 2014 6:55am Jun 6, 2014 6:55am
Hi rifid,

Thank You for taking the time to post your results, well done...
  • #413
  • Jun 6, 2014 7:19am Jun 6, 2014 7:19am
Quoting Hugo55
Hi rifid, Thank You for taking the time to post your results, well done...
No problems Hugo.
One thing i must point out, some of these trades where detected by the contributors to thread who are learning the system and were thoughtfull enough to share their findings so we could all benefit
patience is bitter, but its fruit is sweet
  • #414
  • Jun 6, 2014 7:33am Jun 6, 2014 7:33am
Howzit guys... I just got back into the office... And what a sight... Well, I'm happy so far...
How's the trading going today? Hope you guys nailed a few good trades...
Itchy Spirit Return This Year: na
  • #415
  • Jun 6, 2014 7:39am Jun 6, 2014 7:39am
Quoting Spiritwalker
Howzit guys... I just got back into the office... And what a sight... Well, I'm happy so far... How's the trading going today? Hope you guys nailed a few good trades...
Only one nice setup today, probably wont get much for the rest of the day after NFP.
patience is bitter, but its fruit is sweet
  • #416
  • Jun 6, 2014 7:41am Jun 6, 2014 7:41am
Yip... I'm not even looking for trades for the rest of the day...
Itchy Spirit Return This Year: na
  • #417
  • Jun 6, 2014 8:00am Jun 6, 2014 8:00am
Thanks Rifid and members.

I shall be studying this method over the Weekend,
it is very interesting.

Have a nice Weekend all...
  • #418
  • Jun 6, 2014 8:11am Jun 6, 2014 8:11am
Quoting rifid
As promised. These where the quality trades that where presented to the followers of this method this week, obviously you couldnt possibly take them all ,you need to sleep,but keep in mind you only need 2 of these trades a week to get rich. The times i have given are off my chart so you will have to adjust them to suit your time zone, i will give you a time guide at the end of this post so you can get your bearings. Monday 2nd U/J 2.45 Win 8% g/j 15.20 Win 8% u/j 15.20 Loss 2% G/j 21.05 Loss 2% Tuesday 3rd u/j 3.55 loss 2% g/j 7.35 B/E 0 a/u 16.40...
This thread will be around for a long time to come with results like this. For now I'm going to watch and learn and then contribute in the future. Thank you for taking the time to post this. It gives people a chance to go back and learn the good setups and what to look for in the future.

Hope me everyone here has a great weekend,

Gareth
  • #419
  • Jun 6, 2014 8:45am Jun 6, 2014 8:45am
Quoting rifid
As promised. These where the quality trades that where presented to the followers of this method this week, obviously you couldnt possibly take them all ,you need to sleep,but keep in mind you only need 2 of these trades a week to get rich. The times i have given are off my chart so you will have to adjust them to suit your time zone, i will give you a time guide at the end of this post so you can get your bearings. Monday 2nd U/J 2.45 Win 8% g/j 15.20 Win 8% u/j 15.20 Loss 2% G/j 21.05 Loss 2% Tuesday 3rd u/j 3.55 loss 2% g/j 7.35 B/E 0 a/u 16.40...
Rifid, looking good...is there anyway you can display your charts for this week on these trades in one place here or in pdf?

I have been studying your thread and I know some of the charts are in the forum, but not all of them...it would be great to see them all in one place and very beneficial...
  • #420
  • Jun 6, 2014 9:04am Jun 6, 2014 9:04am
Quoting driven18
{quote} Rifid, looking good...is there anyway you can display your charts for this week on these trades in one place here or in pdf? I have been studying your thread and I know some of the charts are in the forum, but not all of them...it would be great to see them all in one place and very beneficial...
Please dont take offence but Some things in life just dont get handed out on a platter you actually have to put a bit of effort in yourself,if you really want to learn this system ,all the times are there for you to look for these setups. Would be good homework for you to do over the weekend. I think i have done my bit this week by sharing this system to help others, as Forex Factory has help me. Hope you will want to learn the system and become part of our little group.
patience is bitter, but its fruit is sweet
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