Well I'm in — Sorry I know its not exactly the strategy here but couldn't resist it!!

The 5 minute TF S&R trading system

Great Trade Snail69 — Good one Looks like I need to get up earlier Looking at hrly there could be a typical London morning reversal lining up here at 1.29500 bang on 50% fib too!! So keep an eye out for it.

The 5 minute TF S&R trading system

Not even a blink at 1.29000!!!! — Know what you mean its deadly quiet and not the ideal climate for little old price action traders like us. No reaction whatsoever to 1.29000 level!! That tells the story. So like you say lets leave it for ...

The 5 minute TF S&R trading system

Nope didn't like the look of that — Nope didn't like the look of that, I always drop down to 1 min to get some confirmation of a price direction change. But didn't happen so let it go, just as well but will have another look at the 1.29000 ...

The 5 minute TF S&R trading system

Buy Here 1.2915 — How about buying this at 1.2915 broken last LH and retesting Not playing ball on 1 min chart so will hang fire until 1 min reverses

The 5 minute TF S&R trading system

Hi Thp Whilst we are waiting for a break of high or low can I check where you have them marked? Good resistance at 1.2915 and last low 1.2885 as per attached chart?? So we wait break of those levels then enter on retest? Or would you enter as they ...

The 5 minute TF S&R trading system

Yes I am a very keen pullback trader having been introduced to it by "Flag trading the trend" thread, check it out it was awesome. I have some small differences to this system for instance I like to get to BE asap like within 3 pips (I don't like ...

The 5 minute TF S&R trading system

Great call snail69! — Yep long for sure great call snail69 the perfect long setup entry 1.3030 did you hit it??? I'm just trying his line charts, so takes a bit of getting use to but will endeavour to post some setups shortly. Just let me get ...

The 5 minute TF S&R trading system

Hi THP I too trade a similar system to this based around Divergences old "Flag trading the trend" thread, absolutely awesome thread. Think it went a bit squiffy when he went down to 1 min charts but if you stick to 5 mins charts it works well. Only ...

The 5 minute TF S&R trading system

How about a chart?? — Hi DNA Sounds ok to me, how about a chart to clarify the strategy?? How many trades do you take on average per day and how do you decide to close out? What is the win/loss ratio? High, I hope, with such a RR. I'm always ...

1 minute SMA

Great trade but why AUDJPY? — Hi Great trade but can i ask how you chose AUDJPY? Do you always trade it? Or have you a system for choosing best pair to trade? Cheers Clive.

1minute 1 trade

I wouldn't expect the London Open to be too badly effected by the USA holiday especially as we are only looking for 30 or so pips but the afternoon session will probably be quiet. Just my opinion.

1minute 1 trade

Think our posts crossed over there Could you explain your entry system in more detail? Cheers.

1minute 1 trade

4.5 pip stop!! Impressive but how??? — Hi Forex_people I'm always interested in the trading techniques of successful 1 minute traders as I love the tight stops and the need for only a 20 to 30 pip move to return 3:1 plus winners. For instance ...

1minute 1 trade

Hi JPR Thanks agree with you and Paulus's reply100% Lets all work together to make it even better. If thats possible!!

1minute 1 trade

Hi Minako I like your interpretation of how to trade this method. I think you are absolutely right about waiting for a quality entry either double tops, 200sma or 25 levels are all good places to enter. This strategy is succesful because ...

1minute 1 trade

Got It! Thanks.

1minute 1 trade

Good trade Peter, well done I can see why you entered there but a bit confused as to how you chose your stop level at 1.2669? Very good SL as it must of come close to stopping out so how did you choose that level? Cheers Clive

1minute 1 trade

Hi Sonicboom Yes I think working out the direction to trade is the most important part of this strategy, then look for a quality entry in that direction, eg if long look for a good support level and watch for a turn signal. Paulus's signal is as ...

1minute 1 trade

Yep he says on one of his earlier posts on page 2 I believe that his stop is a couple of pips above the last high for shorts and below the last low for longs. But I would say check your spread at time of trade and allow 2 pips plus your brokers ...

1minute 1 trade