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The 5 minute TF S&R trading system

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  • Post #5,581
  • Quote
  • Jan 13, 2015 7:56pm Jan 13, 2015 7:56pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
Heres what it looks like
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  • Post #5,582
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  • Jan 16, 2015 12:47pm Jan 16, 2015 12:47pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
I told you to move to the futures. glad I did it last year
 
 
  • Post #5,583
  • Quote
  • Jan 16, 2015 1:12pm Jan 16, 2015 1:12pm
  •  osarun
  • | Joined Sep 2011 | Status: Member | 6 Posts
Quoting fxpivots
Disliked
I told you to move to the futures. glad I did it last year
Ignored
I am still using your method. The following link is in my bookmark list.
http://www.forexfactory.com/showthre...50#post5997450
osarun
 
 
  • Post #5,584
  • Quote
  • Jan 16, 2015 2:15pm Jan 16, 2015 2:15pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
Good to hear that means your making money. It would benefit you greatly to shift to futures market. Its safer no spread small comm 4.50 better leverage, brokers dont trade against you and what happened yesterday wont happen here
 
 
  • Post #5,585
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  • Jan 16, 2015 6:06pm Jan 16, 2015 6:06pm
  •  JaY_z
  • | Joined Mar 2009 | Status: Member | 10 Posts
Quoting fxpivots
Disliked
here are a few charts jay z if you have any questions I will post a few more charts with more explanation {image} {image} {image} {image}
Ignored
Thanks Harold...everything is clear...thumbs up
 
 
  • Post #5,586
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  • Edited 2:00pm Jan 17, 2015 12:41pm | Edited 2:00pm
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
Hi fxpivots, thanks for the update. I am seriously considering making a switch to the futures market and have a few questions for you.

Are you back to trading a line chart over candlestick chart? You are trading 123, 2b, range breakout followed by a pullback and 50% Fib retracement strategy? How do you manage your trades, when do you set your trade to BE? What are you trading in the futures market besides oil futures? Which TF or tick chart are using for each instrument that you trade? What are your SL and TP levels for each instrument? You may answer my final question via pm, the name of the futures broker that you are using?

If there is anything else which you would like to add, it would be greatly appreciated. Wishing you a prosperous 2015 and thank you for sharing.
Trading can't be taught but it can be learned
 
 
  • Post #5,587
  • Quote
  • Jan 18, 2015 11:13pm Jan 18, 2015 11:13pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
Crude only 9n 1113 tick chart. Same setups as before stop is 20 target 30
 
 
  • Post #5,588
  • Quote
  • Jan 21, 2015 3:44pm Jan 21, 2015 3:44pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
heres todays and yesterdays action the 2b setup is king price action at its finest
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  • Post #5,589
  • Quote
  • Jan 21, 2015 3:51pm Jan 21, 2015 3:51pm
  •  Sossos
  • Joined Apr 2013 | Status: Member | 684 Posts
Say thank you Harold
 
 
  • Post #5,590
  • Quote
  • Jan 21, 2015 3:52pm Jan 21, 2015 3:52pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
welcome
 
 
  • Post #5,591
  • Quote
  • Jan 21, 2015 3:53pm Jan 21, 2015 3:53pm
  •  Sossos
  • Joined Apr 2013 | Status: Member | 684 Posts
Glad your enjoying it. Happy New Year!!!!
 
 
  • Post #5,592
  • Quote
  • Jan 21, 2015 4:06pm Jan 21, 2015 4:06pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
indicators not needed just real price action with 2b 123 patterns to show the swings
 
 
  • Post #5,593
  • Quote
  • Jan 21, 2015 4:19pm Jan 21, 2015 4:19pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
I don't trade euro but heres a few setups from last few days
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  • Post #5,594
  • Quote
  • Jan 21, 2015 4:27pm Jan 21, 2015 4:27pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
heres another
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  • Post #5,595
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  • Jan 21, 2015 4:41pm Jan 21, 2015 4:41pm
  •  aamirgpi
  • | Joined May 2014 | Status: Member | 37 Posts
hi fxpivot,

are you trading both 1113 and 600 tick charts?
 
 
  • Post #5,596
  • Quote
  • Jan 21, 2015 4:42pm Jan 21, 2015 4:42pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
hopefully the light bulbs are turning on yes which ever one smoothes out the chart. I usually use 600 but when swings were huge I went to 1113 back to 600 right now
 
 
  • Post #5,597
  • Quote
  • Jan 21, 2015 7:12pm Jan 21, 2015 7:12pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
jf your still wondering what this 2b thing is well here it is. you spot these and you will win 75 - 80% of the time
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  • Post #5,598
  • Quote
  • Jan 21, 2015 7:22pm Jan 21, 2015 7:22pm
  •  aamirgpi
  • | Joined May 2014 | Status: Member | 37 Posts
can you post this chart with candlesticks?
 
 
  • Post #5,599
  • Quote
  • Jan 21, 2015 7:29pm Jan 21, 2015 7:29pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
here it is
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  • Post #5,600
  • Quote
  • Jan 21, 2015 7:42pm Jan 21, 2015 7:42pm
  •  fxpivots
  • | Joined Feb 2007 | Status: Member | 1,809 Posts
another 2b explaining whats happening and why then work
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