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- pilatus replied Mar 9, 2009
No I did not. There was few setups but no trade due to news releases.
Trend Follower 5 Minute System
- pilatus replied Mar 5, 2009
Buddy thanks for your support. It looks like that you are impatient...slow down a little. As I told you, you can get 1-3 good signals per week. Be patient, take analysis, find good s/r level. Wait for rebound of them and then trade. Try to prepare ...
Trend Follower 5 Minute System
- pilatus replied Mar 5, 2009
I agree with you, not good day for trading, a lot of news.....better to wait for good not volatile day...
Trend Follower 5 Minute System
- pilatus replied Mar 4, 2009
well, resistance is no longer resistance.......Apologise to everyone who listened me and did not take long signal.......
Trend Follower 5 Minute System
- pilatus replied Mar 4, 2009
Yes, do not recommend to enter long if signal occur.....
Trend Follower 5 Minute System
- pilatus replied Mar 4, 2009
That is why I put that chart, if long signal occur people pay atention.
Trend Follower 5 Minute System
- pilatus replied Mar 4, 2009
Hi! — If something like scenario I draw on chart occur, and if signal for long occur somewhere near arrow I draw and if someone enter a long trade, I would recommend to not expect that price could go above level of 1,2585+-5 pips. This is ...
Trend Follower 5 Minute System
- pilatus replied Mar 3, 2009
Stop loss by the rules, 5 pips+spread above recent high, but that trade is not the case any more...
Trend Follower 5 Minute System
- pilatus replied Mar 3, 2009
Pay much atention to currency correlations. Generally eur/usd is opposite to usd/chf or in other words, they have negative correlation about 90% all the time. But that correlation change from time to time so it is best way to calculate it. It is ...
Trend Follower 5 Minute System
- pilatus replied Mar 2, 2009
Do not look on higher time frame just like that, use some time and analyze trend, use trend lines, fib and whatever helps you to judge better. Of course that is long trend....look at my pic...
Trend Follower 5 Minute System
- pilatus replied Mar 2, 2009
The best way to know good s/r is to follow for few weeks some pair and analyze it, I can not say just if I see picture, but yes correct this is signal which occur after price 3 times hit resistance. So, my opinion not good to open trade.
Trend Follower 5 Minute System
- pilatus replied Mar 2, 2009
Ok buddy I see. Listen, this is trade which you should took with caution. First, you must understand the stop loss rules, that means stop loss should be at least 5 pips+spread above recent high-your case, for short trade, and 5 pips+ spread below ...
Trend Follower 5 Minute System
- pilatus replied Mar 1, 2009
Hi! — Ok I found examples of what is important in analyzing good trade. This picture says thousand of words. On 23.february price could not break resitance and hit it 4 times. So that means that this level is strong resistance. On 24. early in ...
Trend Follower 5 Minute System
- pilatus replied Mar 1, 2009
Both signals are valid. Altghough it develop in loosing trade, but I would take that signal. But, just one little remark. Look at picture, price could not break that level 3 times before our 2 signals occured. That is what I am talking about all the ...
Trend Follower 5 Minute System
- pilatus replied Feb 28, 2009
EA can not work in spot fx market my opinion, maybe it can help you but trade instead of you, no way, if you ask me. I agree with you that there is a lot of comments on thread that can not help you to trade better. But, must tell you that good set ...
Trend Follower 5 Minute System
- pilatus replied Feb 28, 2009
Of course it is. Price rebunded from D2, S3 and after that you signal occured. Where do you think price can go further?? Outside your charts?? Sorry for joking but you need to think that after price pass long way and hit D2,S3 there are poor chances ...
Trend Follower 5 Minute System
- pilatus replied Feb 28, 2009
As I can see your examples you have only one good enter. Everything else is too late and not worth to enter a trade. IF you want to be successful trader you have to think, you have to be fox, not to be a chicken....SO my question is...what do you ...
Trend Follower 5 Minute System
- pilatus replied Feb 19, 2009
Sorry no trade this week for me. No good set up.
Trend Follower 5 Minute System
- pilatus replied Feb 11, 2009
Because that is level with big volume from yestrday..so I was right, price could not break that level clearly, very nice resistance.
Trend Follower 5 Minute System