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Genuine 5m 4R/R system

  • #1,121
  • Jun 17, 2014 5:12am Jun 17, 2014 5:12am
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Click to Enlarge Name: 5e549PN.png Size: 15 KB
maybe better setup on UJ
  • #1,122
  • Jun 17, 2014 5:34am Jun 17, 2014 5:34am
UC possible buy setting up
  • #1,123
  • Jun 17, 2014 6:38am Jun 17, 2014 6:38am
Volatility is low, maybe because tomorrow's FOMC
  • #1,124
  • Jun 17, 2014 6:45am Jun 17, 2014 6:45am
E/G setting up long at 0.7993
  • #1,125
  • Jun 17, 2014 7:01am Jun 17, 2014 7:01am
Quoting Pipsiko
E/G setting up long at 0.7993
It's too flat for me..
  • #1,126
  • Jun 17, 2014 7:04am Jun 17, 2014 7:04am
Quoting Pipsiko
E/G setting up long at 0.7993
Leave that one Pips lets the that pair sort its self out for awhile
patience is bitter, but its fruit is sweet
  • #1,127
  • Jun 17, 2014 7:05am Jun 17, 2014 7:05am
yep. void
  • #1,128
  • Jun 17, 2014 7:08am Jun 17, 2014 7:08am
Interesting strategy, this one has caught my eye! I'm going to read through all the posts today and digest the info.

-RPM
  • #1,129
  • Jun 17, 2014 7:50am Jun 17, 2014 7:50am
U/cad going well after a slow start, i know some of you where in that
patience is bitter, but its fruit is sweet
  • #1,130
  • Edited 8:28am Jun 17, 2014 8:15am | Edited 8:28am
Watch AJ scalp, AU worth plenty of space

EDIT: was thinking of taking that Aj but last retracement was crappy.
  • #1,131
  • Jun 17, 2014 8:31am Jun 17, 2014 8:31am
Quoting 2121
Watch AJ scalp, AU worth plenty of space EDIT: was thinking of taking that Aj but last retracement was crappy.
and the 2nd point is too low
  • #1,132
  • Jun 17, 2014 8:33am Jun 17, 2014 8:33am
Quoting Brdino
{quote} and the 2nd point is too low
Well not that the point was low, on my data feed it was only 0,44 pips lower.
  • #1,133
  • Jun 17, 2014 8:35am Jun 17, 2014 8:35am
Quoting 2121
{quote} Well not that the point was low, on my data feed it was only 0,44 pips lower.
on my data feed it's 1,1 pips lower
  • #1,134
  • Jun 17, 2014 8:47am Jun 17, 2014 8:47am
On days like these it's easy to start over-trading, and by staring at these charts all day your mind will find a trade that 99% isin't there..
  • #1,135
  • Jun 17, 2014 8:49am Jun 17, 2014 8:49am
GJ, CJ consolidating upwards, plenty of space on both..
  • #1,136
  • Jun 17, 2014 8:53am Jun 17, 2014 8:53am
Quoting 2121
On days like these it's easy to start over-trading, and by staring at these charts all day your mind will find a trade that 99% isin't there..
well said, the worst thing you can do is trade out of desperation, if there's nothing there find something else to do , easy. Never force a trade guys it will always end badly for you.
patience is bitter, but its fruit is sweet
  • #1,137
  • Jun 17, 2014 9:21am Jun 17, 2014 9:21am
Thats it for me tonight guys , trade smart. Big day tomorrow . To all who registered for the traders group , nearly 50 so far, congratulations and welcome,it may take a few days to sort everyone out and get it running smoothly, but exciting times ahead.
Good night.
patience is bitter, but its fruit is sweet
  • #1,138
  • Jun 17, 2014 12:21pm Jun 17, 2014 12:21pm
Great news!
  • #1,139
  • Jun 17, 2014 4:23pm Jun 17, 2014 4:23pm
Quoting rifid
Thats it for me tonight guys , trade smart. Big day tomorrow . To all who registered for the traders group , nearly 50 so far, congratulations and welcome,it may take a few days to sort everyone out and get it running smoothly, but exciting times ahead. Good night.
That's great to hear man. I just read the entire thread, your method is just what I have been looking for. I really like how it involves Support and resistance/Breakouts, looking forward to seeing how I get on with this

I'll try post a few screenshots soon and share with the group, thanks to everyone that contributed so far.

-RPM
  • #1,140
  • Jun 17, 2014 8:34pm Jun 17, 2014 8:34pm
Potential setup.

EUR/CAD.
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