Thanks FxP & krmo, finally understand 2b now! Going to prints this and pin it on the wall.

The 5 minute TF S&R trading system

Hi FxP, Great chart and everything becomes more clear now! Am I correct when i say that there is another 2 on the chart just next to the 13:10 24 december mark? It is broken and retested afterwards for a profitable sell. P.s: weird, my posts are not ...

The 5 minute TF S&R trading system

1. Trend: Check! 2. 123: Check! 3. Break of point 2: Check! 3. Two bar close above point 2: Check! 4. Pullback: Check! Looks like an ok trade to me, but i have just started :-)

The 5 minute TF S&R trading system

Hi Gerry, Thank you for your anwser! It raised a new question for me. (got to love them noobs ;-)) Why did you not draw the 1-2-3 as shown below. This was a 1-2-3 with the trend. I feel like i'm missing something in my analyses. Cheers!

The 5 minute TF S&R trading system

Hi Guys, Here is a trade I took on demo. Express train trend going down, price formed an nice 1-2-3, it broke the 2, stayed below it for 2 barts and then made a pullback to the break of two. This all added up to a nice selling opportunity but it ...

The 5 minute TF S&R trading system

Hi FFJeternal, Think the problem is that you are looking at a bar chart. You need to be looking at a line chart. My Oanda line chart gives me 00 @ 45 and 10. Hope this helps!

The 5 minute TF S&R trading system

Thanks for the anwser! I'm on a steep learning curve, but loving it. THis really the first time that a system starts to click really quickly. Only focusing on the ABC/123 pull back patten. Have two questions: 1. Do you still enter a trade in the ...

The 5 minute TF S&R trading system

Hi everybody! Just found the thread yesterday and read it from a to z for the first time. I really like the method and I'm demoing it right now. And there came my first question: why is 95 no trade fxpivots? Thank you all for sharing your knowledge ...

The 5 minute TF S&R trading system