As I understand, the idea behind the points is that if the second point closes lower than previous in an up trend let's say, it just shows that the buyers are not strong enough to push the price higher. Rifid ?

Genuine 5m 4R/R system

Can be slighty higher but not lower on the USD/CHF the last point closed higher, so that one is not neat IMHO.

Genuine 5m 4R/R system

EU @ 35739 if last retracement is sufficient might give 4:1

Genuine 5m 4R/R system

Looks good IMHO but a CT and many support areas, I guess only for a scalp..

Genuine 5m 4R/R system

Hey mate, I hope you didn't take them all at the time because you are just doubling your risk.

Genuine 5m 4R/R system

Morning mate, this one could be considered as a discretionary trade, points don't line up ?

Genuine 5m 4R/R system

CJ @ 93.627 might work out as a scalp because of support @ 93.541. EDIT: The trade looked good but probably not a great idea to trade in the end of NY session, especially to scalp.

Genuine 5m 4R/R system

EJ @ 138 but many trouble areas all the way down, not even space for a scalp. EDIT: Also UC @ 08541 not much pressure so far

Genuine 5m 4R/R system

NU broke resistance, skip. Take a look EU @ 43671, might form something there, so far not much sellers pressure.

Genuine 5m 4R/R system

GU @ 6840 forming EDIT: Just noticed resistance @ 6845, so no go.

Genuine 5m 4R/R system

Seems the sky is the only limit, lol.

Genuine 5m 4R/R system

That GU looks good as a scalp I think, counter trend, trouble @ 811

Genuine 5m 4R/R system

CJ @ 94, just needs one more nice top and then higher low, might give 4:1

Genuine 5m 4R/R system

Great mate, so far I am just training my eyes to recognize high probability setups. On H1 I trade only with S/R and P/A so I hope it will not take that much to get used to it.

Genuine 5m 4R/R system

Morning, EJ looks good @ 138.095 but many trouble areas ahead.

Genuine 5m 4R/R system

I hope you don't mind Driven18 if I share what I see. In my humble opinion the trade was by the rules, you just have to accept that losses happen. Let's see, it was with the overall upside strong trend, the resistance was respected to a pip and ...

Genuine 5m 4R/R system

This GU setup would have been skipped in my opinion, second point pokes out the resistance and last retracement is lower not higher low. From my backtesting, these may work but the average win% will be low. In the begining, as for myself I would ...

Genuine 5m 4R/R system

While I appreciate your explanation, I would like to say to you that I have done my ground work, been there, done that. I am not an average Joe in trading, while I am trading on H1, I have decided to learn something more to trade during the day. I ...

Genuine 5m 4R/R system

Just as I thought, Rifid.

Genuine 5m 4R/R system

GJ @ 171.13 also did well but the second point closed higher, it's with overall trend, trouble area only at 170.96, enough space to move SL to BE and the the good looking pressure from upside. Are you riding that one Rifid ?

Genuine 5m 4R/R system