If liquidity is the same then trade 1 represents a large amount of orders going in at once vs trade 2 which would represent more gradual entry. But since we'll never really know what the order book looked like it's best to just accept that they were ...

B.S. Trading with Kenneth Lee

Wow, looks like today would have been a big money day should anyone had been using this system from london open.

The 5 minute TF S&R trading system

Yep i accounted for it. Oanda uses the mid point between the bid and ask I subtract half the spread from my tp and add the other half to my stop.

The 5 minute TF S&R trading system

yep and there it goes just missed the entry and it would have just hit my tp. Closing the po.

The 5 minute TF S&R trading system

set my entry for 2929 but price just hovered above it so now i wait. I may or may not close.

The 5 minute TF S&R trading system

Bought at 1.29190 but price didn't go the full 15 so i set it to BE as price returned to my entry. Price didn't hit my BE stop so i tp'd at 1.29320 since thats around where it droped last time. +13

The 5 minute TF S&R trading system

That sucks, i rather enjoyed coming to this thread as it was always active during my trading session. It felt good to see someone else in the exact same 5 minute trades as me or at least saw it how i see it. None of my friends or family quite ...

The 5 minute TF S&R trading system

Decided to just tp because if i had been on time i would have tp'd already +13 pips

The 5 minute TF S&R trading system

jumped in a bit late and shorted at 27 now price is hovering right over my tp

The 5 minute TF S&R trading system

I saw it but didn't set the PO :<. I trade at work and everyone seemed to want something at that moment.

The 5 minute TF S&R trading system

FXpivots, What time zone are you in?

The 5 minute TF S&R trading system

C-12, What time zone do you live in?

B.S. Trading with Kenneth Lee

Missed the 2915 as my day starts between 8am and 8:30am eastern but i'm keepin my eyes open for a possible 2902 ish

The 5 minute TF S&R trading system

The whole premise of my trading style is to wait for price to tell it's story, then join the move in a manner that provides the least amount of risk while being able to maximize on the return. For example.. image image

GLJ

Just giving a thanks to you fxpivots for showing how you use 123's as SR flips and 2b's. I wasn't really looking to add anything new to my trading plan but what you have here overlaps and reaffirms something i had already been doing. Thanks for the ...

The 5 minute TF S&R trading system

Dashed Lines — Sorry for the tardiness. The dashed lines are simply areas that overtime i notice price would have a reaction around. They are simply channel highs and lows,areas of strong price rejection, and the last highs and lows before a ...

GLJ

Simple enough right? Keep it up and this definitely won't be your last $1000 week.

B.S. Trading with Kenneth Lee

Nice trade, i wasn't in this one. I had to step away from the cpu for a bit.

The 5 minute TF S&R trading system

This is pretty much what i do on the higher time frames. I like to wait for price to show me there's interest in my levels. EDIT: I think i deleted half my post by mistake before i posted it. It makes sense that SD levels would be very clear on the ...

B.S. Trading with Kenneth Lee

Yes, it was a 2b. Also there's a nice horizontal trendline right there plus a little pre-SD trade.

The 5 minute TF S&R trading system