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Good Lookin replied Jan 17, 2013Same. I'd prefer to see a strong break of 56 or 37 area but it's getting late in the session so i'm a hold onto my 9% for the week
The 5 minute TF S&R trading system
- Good Lookin replied Jan 17, 2013
Yeah, sorry. I thought i typed in the price
The 5 minute TF S&R trading system
- Good Lookin replied Jan 16, 2013
This is how i'd manage that 4h trade. image image I have more to say but i don't have the time to say it so i'll continue with this later and also answer your other questions.
Looking at SD on 5 min charts
- Good Lookin replied Jan 16, 2013
Point taken. 15 pips definately gives enough breathing room for a trade to work out if its adjusted by 1-2 pips and are trading the correct setup. Also i originally set the PO at the 2 break but then canceled it and set it at the midpoint but didn't ...
The 5 minute TF S&R trading system
- Good Lookin replied Jan 16, 2013
for example image Most people put SD zones from the Red line to the Green line. I put from the Red line to the Purple line and consider all price action around these lines as it returns things to consider before an entry. Top chart show my orders ...
The 5 minute TF S&R trading system
- Good Lookin replied Jan 16, 2013
I know what you mean. Sometimes it bounces at the high of the channel, sometimes it bounces at the low of the channel. Sometimes it bounces somewhere in between. I don't believe the close price is as important as the high/low price when it comes to ...
The 5 minute TF S&R trading system
- Good Lookin replied Jan 16, 2013
Top Chart Left level looks good. Level to the right looks like it could be a result from another level. Bottom Chart Top left level looks good. Just make sure it's fresh. You're unsure about those crosses because you know somethings not right about ...
Looking at SD on 5 min charts
- Good Lookin replied Jan 16, 2013
Missed my entry by .3 pips. Would have just hit profits! Those of you in from 77 should be at BE right now
The 5 minute TF S&R trading system
- Good Lookin replied Jan 15, 2013
Out at BE. CLOSE ONE lol. No more trades for the day for me.
The 5 minute TF S&R trading system
- Good Lookin replied Jan 15, 2013
I will when i have the time. Sometimes i'm halfway through writing a post and i get interrupted here at work. By the time i'm back, i forget what i'm saying or i'm thinking about other things so i don't post at all.
The 5 minute TF S&R trading system
- Good Lookin replied Jan 15, 2013
Same reason. I also waited to see some reaction which is why i was in at 33405 instead of 33441
The 5 minute TF S&R trading system
- Good Lookin replied Jan 15, 2013
i wasn't gonna post it but i took that too image
The 5 minute TF S&R trading system
- Good Lookin replied Jan 14, 2013
I sold at the second line and while still in the trade took a higher short from the SD level while still negative in the first trade. It was coincidence that my TP from the SD trade and the BE from the pivot trade were so close.
The 5 minute TF S&R trading system