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Genuine 5m 4R/R system

  • #801
  • Jun 12, 2014 2:17am Jun 12, 2014 2:17am
Quoting rifid
Goodmorning everyone, lets hope for a nice trending day and get some good trades in. For you traders out there who lack the patience to wait for 20 pip setups and want the quicker thrill of the scalp, I will bring out the scalpers version of this system later today. Any one interested in that?
Sounds great.
I'm in too..
And I'm working on a EA about your strategy. It's a little hard cause the trend line and resistent line is subjective. It just alerts us .and finally make decision depend on us.
  • #802
  • Jun 12, 2014 2:59am Jun 12, 2014 2:59am
Quoting bailingzhou
{quote} Sounds great. I'm in too.. And I'm working on a EA about your strategy. It's a little hard cause the trend line and resistent line is subjective. It just alerts us .and finally make decision depend on us.
Sounds like a good idea Bailingzhou ,let us know how you get on
patience is bitter, but its fruit is sweet
  • #803
  • Jun 12, 2014 3:05am Jun 12, 2014 3:05am
Morning, EJ looks good @ 138.095 but many trouble areas ahead.
  • #804
  • Jun 12, 2014 3:11am Jun 12, 2014 3:11am
Quoting 2121
Morning, EJ looks good @ 138.095 but many trouble areas ahead.
thank you
patience is bitter, but its fruit is sweet
  • #805
  • Jun 12, 2014 3:12am Jun 12, 2014 3:12am
Quoting rifid
{quote} thank you
Would you really take eur/jpy with RN of 138.000 just a few pips away?
  • #806
  • Jun 12, 2014 3:20am Jun 12, 2014 3:20am
Quoting 2121
Morning, EJ looks good @ 138.095 but many trouble areas ahead.
Perfect for a scalp that one and won
patience is bitter, but its fruit is sweet
  • #807
  • Jun 12, 2014 3:21am Jun 12, 2014 3:21am
That's why you're the master, and i'm the learner!
  • #808
  • Jun 12, 2014 3:26am Jun 12, 2014 3:26am
Didnt see that quick one on a/cad 19/20pips
patience is bitter, but its fruit is sweet
  • #809
  • Jun 12, 2014 3:31am Jun 12, 2014 3:31am
Quoting rifid
{quote} Perfect for a scalp that one and won
Great mate, so far I am just training my eyes to recognize high probability setups. On H1 I trade only with S/R and P/A so I hope it will not take that much to get used to it.
  • #810
  • Jun 12, 2014 3:35am Jun 12, 2014 3:35am
Quoting 2121
{quote} Great mate, so far I am just training my eyes to recognize high probability setups. On H1 I trade only with S/R and P/A so I hope it will not take that much to get used to it.
Just a bit of chart time ,and you'll catch on quick
patience is bitter, but its fruit is sweet
  • #811
  • Jun 12, 2014 3:45am Jun 12, 2014 3:45am
E/j bounced straight off that support area thats why it was only good for a scalp
patience is bitter, but its fruit is sweet
  • #812
  • Jun 12, 2014 4:06am Jun 12, 2014 4:06am
just looking at a/cad if it can do another little bounce
patience is bitter, but its fruit is sweet
  • #813
  • Jun 12, 2014 4:10am Jun 12, 2014 4:10am
Quoting rifid
just looking at a/cad if it can do another little bounce
There's the bounce
  • #814
  • Jun 12, 2014 4:26am Jun 12, 2014 4:26am
loosing interest in this one its just bouncing around that huge support area
patience is bitter, but its fruit is sweet
  • #815
  • Jun 12, 2014 4:28am Jun 12, 2014 4:28am
Quoting rifid
loosing interest in this one its just bouncing around that huge support area
Yep; third bounce almost too much, hey
  • #816
  • Jun 12, 2014 4:31am Jun 12, 2014 4:31am
curtains
  • #817
  • Jun 12, 2014 4:32am Jun 12, 2014 4:32am
hello, i m new to this system, but i already use 5min charts to trade, so i think this system also can be traded simultaneously .. is this the setup ?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-1.jpg Size: 66 KB
gEt BusY LiVinG oR Get bUsy dyIng
  • #818
  • Jun 12, 2014 4:33am Jun 12, 2014 4:33am
missed that kno
gEt BusY LiVinG oR Get bUsy dyIng
  • #819
  • Jun 12, 2014 4:34am Jun 12, 2014 4:34am
Morning All,
Hope the setups roll in thick and fast today

Hey Rifid, what's the diff between this 1:4 system and your scalping system? Is it simply that the r:r is 1:1 instead of 1:4? Are the setups that we are looking for the same? And same entry and exit rules? It appears that way to me after reading through it on post #1. Please correct me if I'm missing something.
  • #820
  • Jun 12, 2014 4:35am Jun 12, 2014 4:35am
[quote=asithaya;7530721]hello, i m new to this system, but i already use 5min charts to trade, so i think this system also can be traded simultaneously .. is this the setup ? {image}[/quote
It was ,we were just talking about that trade,voided now, but had huge s/r band all through the left of the chart, so was a bit dicey to start with.
patience is bitter, but its fruit is sweet
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