Closed @ target 1. +40 pips.

Great 5M pullback system

EU short — Here's EU short once again. We had a nice move yesterday. Price retraced 62% of that move and consolidated during Late US and Tokio sessions. First target is 1.3155 - ytd low. Second Target is 1.3120 - 138% fib extension and price ...

Great 5M pullback system

Hi, brightside! You're welcome! I use histogramm. Above zero - bullish. Below zero - bearish. Regards, snu.

Great 5M pullback system

Decided not to wait for a target and closed @ +50. Total 70 pips from EU for today. Didn't play GU as its Bank Holiday. Cheers and see you tomorrow!

Great 5M pullback system

EU — EU short once again. Up 45 right now. I guess its time to move stop to BE. Regards, snu.

Great 5M pullback system

Hi, Brian! Yes, I've done that. And I noticed that MACD cross with its signal line works almost just like standard 12 26 9 MACD zero line cross (you can check it out yourself). I'm not using that since current 5M trend is not what interests me. For ...

Great 5M pullback system

Closed half @ +20 and another half @ BE. MACD is still < 0, so still oking for shorts.

Great 5M pullback system

EU — I'm In. Wanted to enter using limit order @ 1.3255 but didn't get filled. In @ 1.3235. SL is 1.3260. Target is 1.3100 (4H chart analisys) but might get out earlier. Lets see what will market do Regards, Snu

Great 5M pullback system

Nice trade you have there Rastaman! Here is another quick tip for those who want to become even more effective with the system. Use fib tool along with the stoch pullbacks for identifying good retracements. Pay attention to 38,2 and 61,8 ...

Great 5M pullback system

Hi, kijkij! you're welcome! The system is relatively new, I've been using it for a month with some great results! On avg you should probably get 2-4 trades a day on both pairs. So far I had 14 trades this week, 3 of them were negative 1 closed @ BE. ...

Great 5M pullback system

Hi there, Rastaman! Thx for your kind words. I use 5M TF because it gives 2-4 entries every day (on 2 pairs), so it keeps me busy and suits my style of trading the best, unlike with Sonic R where i had too wait for good set-ups sometimes for a few ...

Great 5M pullback system

mistersimple, could you plz describe in more detail what you're reffering to. I've heard somewhere about the technique but i don't know how to make use of it.

Great 5M pullback system

Some more info — I would like this thread to have as much pictures as possibles, because I believe a picture is worth a thousand words. Basically I advise to utilize an idea of "No picture - no talk!" which I got from one of the greatest ...

Great 5M pullback system

Template + indi's — Here are the indicators and a current template I'm using. Hope it helps! The only two non-standard indis are KG S/R lvls a (dotted lines on the chart which help me to identify important swing high/lows) and MTF stochastic ...

Great 5M pullback system

The system is all about pullback trading. I find these types of trades to be very profitable, less risky and easier to understand than trend-reversal trades. I use this system with two pairs GU and EU, and I want to assure you this is more than ...

Great 5M pullback system

Ok, thx!

Sonic R. System

Hello! Danpa, can u plz share the indi which shows ytd Hi/Lo Lvls

Sonic R. System

Sorry, i thought you suggested to exit. So I was wondering why? U suggest to close part of the position, is thats what it is?

EUR/JPY Anytime!