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Vantage replied Jan 27, 2009A good morning for the force, only 1 losing trade. I haven't counted the big spike up from news. Thanks jedi!!
The Force 5min system
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Vantage replied Jan 24, 2009And also showing how profitable system is if you take some profit at +20 with stop then moved to BE. Rob I also like your entries where your stop is 1 pip below set up candle with a pending order as per an earlier post.
The Force 5min system
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Vantage replied Jan 23, 2009Yes you got it. Feel free to join the chat room, see under forexjedi's signature for the link.
The Force 5min system
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Vantage replied Jan 19, 2009Hi Pip Stud This is a strictly eurusd 5 min no other indicators allowed thread. Not knocking your observations but if you want to do other currencies and indicators the standard reply is please do so on your own thread. Best of luck, oh and my gbp ...
The Force 5min system
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Vantage replied Jan 16, 2009Under forexjedi's signature click on the link to join the chat room. You'll get lots of help there.
The Force 5min system
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Vantage replied Jan 14, 2009Sometimes a little more/a little less but on average I've been doing this for some time now. There is nothing magical about this number, per $10000 acc trading 1 full lot with 20 pip stop or thereabouts aiming to net 20 pips per day. With this ...
The Force 5min system
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Vantage replied Jan 14, 2009A good example of histogram divergence coupled with the 2 shooting stars at R1, a good hint of a fall to come. Attached the histo div indi which you can just drag across and place over macd to save using another indicator window.
The Force 5min system
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Vantage replied Jan 13, 2009Same fozzy rsi, stoch and macd coloured with 5 ema 3 shift and 34 ema. As gbp and eurjpy tend to be more volatile I tend (after signal on 5 min) to use 1 min cross of 5 ema for entries. Works well.
Higher low, lower high system
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Vantage replied Jan 13, 2009Which I believe answers a previous post on trading with the trend. If you look closely on the first reversal of trend trade there was an immediate hl after the fall to 3140, price then rejects at 3150, system gives signal after the hl. A good place ...
The Force 5min system
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Vantage replied Jan 12, 2009Jedi does suggest the end result is to trade without indicators. In ultra weak/strong markets I know I look to trade hl's/lh's without indicators. Certainly macd can be too slow, stoch should still cross quick enough though with price crossing ...
The Force 5min system
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Vantage replied Jan 12, 2009With that post I wanted to get a balance between trades I've actually taken and trades the system says don't take (a lh in this case) because the indicators didn't line up. I didn't want to comment on all trades. It was a large candle that caused ...
The Force 5min system
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Vantage replied Jan 11, 200915 min chart wouldn't fit this tl coming in around 3400-ish.
The Force 5min system
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Vantage replied Jan 9, 2009Hi fb The price move to get stoch there was so minimal that it shouldn't really have been a concern, I don't think.
The Force 5min system
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Vantage replied Jan 8, 2009And on this basis some trades taken this am in the chat room. Trade A a bounce from lower tl. Trade B a sell from upper tl. Trade C was a no trade despite the 20 odd pip negative close candle macd stayed green, i.e. macd didn't confirm by going ...
The Force 5min system
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Vantage replied Jan 8, 2009I have 4 screens up 1 for hourly charts of the 3 pairs I trade being eur, ej and gbp. The other 3 screens have 5 min and 1 min for each pair. When I'm in the force chart room I focus solely on eur. If theres something I like on other currencies I ...
Higher low, lower high system
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Vantage replied Jan 8, 2009System is 'simply' fantastic, the play on simple is well chosen. At virtually any time there are good traders in the room if you can get in. But yes I suppose its up to the guys that do support chat room to post more trades.
The Force 5min system
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Vantage replied Jan 8, 2009Great works like a charm it seems, thanks
.Higher low, lower high system
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Vantage replied Jan 8, 2009J on 1 hr chart at the moment eur is negative, below 50 line on rsi, macd histo falling away and on open candle gone below waterline. So I'm thinking just sell. Here is a classic example of a potential sell on 5 min. However 5 min fozzy rsi has not ...
Higher low, lower high system
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Vantage replied Jan 8, 2009Took this double top/slightly lh trade with Force 5 chat room. For entry I waited for the yellow dotted line to break (thats a 38 fib of yesterdays move) I exited at the confluence of long term tl (see 1 hr chart) and the even number/pivot, got ...
Higher low, lower high system