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- ChowClown replied Nov 11, 2008
Nice trading, Sir!
...feels good to have the 'free' portion doesn't it.
The Force 5min system
- ChowClown replied Nov 11, 2008
OK, in again short, let's see what they do with it this time. Edit:....nice initial momentum from the signal. Edit:...will take 50% off at the lower TL (as per FJ's chart below)...great 'jink' down.
The Force 5min system
- ChowClown replied Nov 11, 2008
...i was tempted, but decided to hold off for the next short.
The Force 5min system
- ChowClown replied Nov 11, 2008
Nice trading, FJ. The break down looks probable atm (what with the hrly pin bar now printed), but you never know.
The Force 5min system
- ChowClown replied Nov 11, 2008
...more bullish hidden divergence buidling now....could be short lived, excellent hrly pin bar forming atm
The Force 5min system
- ChowClown replied Nov 11, 2008
..took the short and stops already at b/e...could easily turn back up off the TLs from here. Edit:...50% off now.
The Force 5min system
- ChowClown replied Nov 11, 2008
yes, pin bar forming now on the daily pivot...and i'm flat. Will be with you on the next full short signal.
The Force 5min system
- ChowClown replied Nov 11, 2008
...this is where we can really benefit from your EU senses, based on your experience devoted to the pair...looking forward to following this....i might be tempted with small stakes on the next short signal, as there's more room now down to the TLs.
The Force 5min system
- ChowClown replied Nov 11, 2008
...i will close the remainder on the next short signal, but won't be taking the short until price reverses it's pattern to lower highs, lower lows...solid uptrend at the moment.
The Force 5min system
- ChowClown replied Nov 11, 2008
...i took the long signal and took a quick 80% off at +20 based on an hourly TL marker @2775. Edit:..on my chart price is now beginning to bang it's head on the weekly pivot zone.
The Force 5min system
- ChowClown replied Nov 11, 2008
Bullish hidden divergence now...next long signal building. Let's see. Edit:...i didn't take the last short signal by the way, wanted to see the signal bar close below the lower TL, which it didn't on my chart.
The Force 5min system
- ChowClown replied Nov 10, 2008
5 min. Pls see FJ's post #340 for his earlier explanation. HTHs
The Force 5min system
- ChowClown replied Nov 10, 2008
...apologies for butting in, not sure if FJ will be around now until tomorrow's session. FJ has tested the strat as it stands and trendlines are an important tool for the strat's success, as FJ trades it. If you remove the TL component from the ...
The Force 5min system
- ChowClown replied Nov 10, 2008
....i share the same thoughts about using pivots per se, but when there's a confluence of pivot zone (not just the pivot price itself), trendline and reversal price action, the combination is powerful, as FJ continues to show us. Good guide on ...
The Force 5min system
- ChowClown replied Nov 10, 2008
Hi, my advice would be to just read and re-read Forexjedi's posts, where he takes us through trades as they happen....making sure you first understand the basics of the strategy, as per post #1.....there's more to this than just entering each and ...
The Force 5min system
- ChowClown replied Nov 10, 2008
Nice session for you, FJ. Thanks for the analysis and follow ups along the way. Very useful.
The Force 5min system
- ChowClown replied Nov 7, 2008
The advanced entry relies on stochastic divergence, as per FJ's post 238: "Buy Signal a) When the stochastic crosses in bullish divergence and is not ovebought Sell Signal a) When the stochastic crosses in bearish divergence is not oversold" ...
The Force 5min system
- ChowClown replied Nov 7, 2008
...there wasn't any divergence in the stoch on that one, so it was a weaker standard trade (stoch not coming down from the 80 level an all..). Bearish hidden divergence on the stoch building now, if price doesn't go higher than the previous swing ...
The Force 5min system