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Genuine 5m 4R/R system

  • #701
  • Jun 11, 2014 2:08am Jun 11, 2014 2:08am
Quoting orid
{quote} thanks Rifid good advice check these please{image}{image}
Have a look at my previous posted charts you will see what we are looking for.
patience is bitter, but its fruit is sweet
  • #702
  • Jun 11, 2014 2:09am Jun 11, 2014 2:09am
Quoting rifid
{quote}No entry there, you may want to hide your account details for the world to see Contrax even if it is just demo
Sorry my bad, first time posting charts =/. Hey can u tell me why isnt a entry there? Thank you and sorry for to many questions. <3

P.D. For the trend u only see 5m charts? 4hrs? dayly? ty.
  • #703
  • Jun 11, 2014 2:10am Jun 11, 2014 2:10am
Quoting hg2014
{quote} Yeah the EurAud is such a good trending pair, when you can get a good entry in that in can go a lot more than 20 pips.
Was yesterday
patience is bitter, but its fruit is sweet
  • #704
  • Jun 11, 2014 2:14am Jun 11, 2014 2:14am
Quoting Contrax
{quote} Sorry my bad, first time posting charts =/. Hey can u tell me why isnt a entry there? Thank you and sorry for to many questions. <3 P.D. For the trend u only see 5m charts? 4hrs? dayly? ty.
Hey Contrax ,might be best to re-read the thread again, it would take to long to explain what your asking in one post. You may need to read the thread 2 or even three times for it to all sink in , then you will be an expert and advise me
patience is bitter, but its fruit is sweet
  • #705
  • Jun 11, 2014 2:27am Jun 11, 2014 2:27am
Quoting rifid
{quote} Hey Contrax ,might be best to re-read the thread again, it would take to long to explain what your asking in one post. You may need to read the thread 2 or even three times for it to all sink in , then you will be an expert and advise me

*Trend in 5m ... if u have any question check the 15 and 1hr TF.

*See a good Setup.

*Check R&S 5m... *******************

And after put ur entry order for the break and take ur oder...


That is correct?

P.D. BTW i love this image.
Attached Image
  • #706
  • Jun 11, 2014 2:34am Jun 11, 2014 2:34am
Quoting Contrax
{quote} *Trend in 5m ... if u have any question check the 15 and 1hr TF. *See a good Setup. *Check R&S 5m... ******************* And after put ur entry order for the break and take ur oder... That is correct? P.D. BTW i love this image. {image}
Now you got it, good for you
patience is bitter, but its fruit is sweet
  • #707
  • Jun 11, 2014 2:36am Jun 11, 2014 2:36am
Morning, watching AJ @ 96, with overall up trend, no trouble areas.
  • #708
  • Jun 11, 2014 2:48am Jun 11, 2014 2:48am
Good morning all.

Rifid, I have a question please.

Would it be a good idea as a rule, to only take trades going in the same direction as the 1H trend?
  • #709
  • Jun 11, 2014 2:52am Jun 11, 2014 2:52am
Quoting 2121
Morning, watching AJ @ 96, with overall up trend, no trouble areas.
Looks good on the hour but entry is a bit untidy, your call
patience is bitter, but its fruit is sweet
  • #710
  • Jun 11, 2014 2:58am Jun 11, 2014 2:58am
Quoting 2121
Morning, watching AJ @ 96, with overall up trend, no trouble areas.
cheers.
  • #711
  • Jun 11, 2014 3:07am Jun 11, 2014 3:07am
Quoting Hugo55
Good morning all. Rifid, I have a question please. Would it be a good idea as a rule, to only take trades going in the same direction as the 1H trend?
You will find that most of your winning trades will be in the direction of the 1h but not all. Also most of your good trades are to be found in the euro and early NY sessions with the occasional one in early asia session.
patience is bitter, but its fruit is sweet
  • #712
  • Jun 11, 2014 3:08am Jun 11, 2014 3:08am
could eurjpy be forming something, I know the bottom points don't line up perfectly, but they are slightly lower which is fine for a sell?
  • #713
  • Jun 11, 2014 3:10am Jun 11, 2014 3:10am
Quoting rifid
{quote} You will find that most of your winning trades will be in the direction of the 1h but not all. Also most of your good trades are to be found in the euro and early NY sessions with the occasional one in early asia session.
Thank You...
  • #714
  • Jun 11, 2014 3:18am Jun 11, 2014 3:18am
Quoting coastie
{quote} cheers.
It might skyrocket because it is correlated with GBP and if the news comes as forecasted. I have moved BE some minutes ago.
  • #715
  • Jun 11, 2014 3:18am Jun 11, 2014 3:18am
Quoting hg2014
could eurjpy be forming something, I know the bottom points don't line up perfectly, but they are slightly lower which is fine for a sell?
I would wait for price to come down to 29 and then form there.
patience is bitter, but its fruit is sweet
  • #716
  • Jun 11, 2014 3:20am Jun 11, 2014 3:20am
Quoting 2121
{quote} It might skyrocket because it is correlated with GBP and if the news comes as forecasted. I have moved BE some minutes ago.
patience is bitter, but its fruit is sweet
  • #717
  • Jun 11, 2014 3:34am Jun 11, 2014 3:34am
didn't see anything interesting today
In the end its just a stupid numbers game
  • #718
  • Jun 11, 2014 3:40am Jun 11, 2014 3:40am
Quoting danzka
didn't see anything interesting today
Certainly not as active as yesterday, market is a bit directionless today
patience is bitter, but its fruit is sweet
  • #719
  • Jun 11, 2014 4:03am Jun 11, 2014 4:03am
Quoting rifid
{quote}
The last retracement could have been better but the resistance was respected pip to pip. Got BE, I need to be more selective I guess, well it happens, Next.
  • #720
  • Jun 11, 2014 4:56am Jun 11, 2014 4:56am
There aren't really any consolidations around at the moment after the gbp data shook up most of the pairs. I think we'll be waiting a fair while for the next ones.
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