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Good Lookin replied Feb 11, 2013I don't trade using MT4 but thank for your consideration.
The 5 minute TF S&R trading system
- Good Lookin replied Feb 11, 2013
Thumbs up to you. I wasn't here for the 02 entry and I missed the 89 entry as i was a little busy here at work. Good to see your takin your gains and keepin em.
The 5 minute TF S&R trading system
- Good Lookin replied Feb 11, 2013
Hey square1, Have i marked this chart as you've described? I was having a little trouble understanding it as you've described it. Mainly the "price went down and caused a support at 10:45 am" statement. image
Ramblings of a Forex Junkie
- Good Lookin replied Feb 8, 2013
Looks like you did this overnight but you put in a lot of hard work to test (back test and forward test) this system. Just goes to show where some consistancy will take you.
The 5 minute TF S&R trading system
- Good Lookin replied Feb 8, 2013
If this 83 buy doesn't get entry soon i'm closin up shop for the day.
The 5 minute TF S&R trading system
- Good Lookin replied Feb 8, 2013
Yeah i went 82 -1. Its really my fault for not tpin anywhere above +10. I let myself be distracted.
The 5 minute TF S&R trading system
- Good Lookin replied Feb 8, 2013
And there it goes. Stopped out at BE. It actually went to +14 but retraced faster than i was able to TP while it was above +10
The 5 minute TF S&R trading system
- Good Lookin replied Feb 8, 2013
Missed the 81 entry while settin up my charts. I'll enter if it comes back Update: in
The 5 minute TF S&R trading system
- Good Lookin replied Feb 7, 2013
Yes i've noticed this as well. I've done some light testing with this in the past. I used the 5 min for trade signals and 1 minute for entry on those same signals, on about 80 or so trades i think it won about 77% of the time. This is a ruff ...
The 5 minute TF S&R trading system
- Good Lookin replied Feb 7, 2013
Well as it turns out, price got to 59 and paid. 2 pips away from 61
The 5 minute TF S&R trading system
- Good Lookin replied Feb 6, 2013
Been trying to think up something to contribute to this thread but it seems you've hit the important things. Mainly, being inquisitive and following down that path of questions that arise once you notice something in the market is enough. To be ...
Ramblings of a Forex Junkie
- Good Lookin replied Feb 6, 2013
Oanda MT4 displays the bid price by default while FXtrade shows the midpoint between the bid and the ask.
The 5 minute TF S&R trading system
- Good Lookin replied Feb 5, 2013
Ah ok. I was beginning to think Oanda was quoting different prices to different people. I took that trade, but i was in a little lower.
The 5 minute TF S&R trading system
- Good Lookin replied Feb 5, 2013
Whats your price on the circled bar?
The 5 minute TF S&R trading system
- Good Lookin replied Feb 5, 2013
What time zone are you in? My 8:30 bar shows a close at 286
The 5 minute TF S&R trading system
- Good Lookin replied Feb 4, 2013
Hey Eras. Have you started with your forward tests yet?
The 5 minute TF S&R trading system