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- Gerry replied Oct 22, 2012
I must go. Will catch up here tomorrow. Have a good evening. G
The 5 minute TF S&R trading system
- Gerry replied Oct 22, 2012
The way I see it, it did break up through 54, but no pullback to buy
The 5 minute TF S&R trading system
- Gerry replied Oct 22, 2012
when you said 'taken out high', did you mean 71 or 74? Had 2 closes above now... above both.
The 5 minute TF S&R trading system
- Gerry replied Oct 22, 2012
87 - don't see more resistance on my 5min chart. Moved up to 15 min and 1H and can see 84 - 87 there as next level
The 5 minute TF S&R trading system
- Gerry replied Oct 22, 2012
Interesting break. I thought it would bounce down from 74 level and possibly go through next time round, but it moved right through. Will 87 hold?
The 5 minute TF S&R trading system
- Gerry replied Oct 21, 2012
Hi Snail, Thanks for that chart. There was something I found tricky at the time and only just remembered now again looking at this chart again. Something like this: ABC after a 2B cancels the 2B signal and becomes sign of consolidation. I've ...
The 5 minute TF S&R trading system
- Gerry replied Oct 21, 2012
2 candles — Hi mario777, with ABC, draw a line at B, which is the tip of your V (or inverted V). Then let market move beyond line B, close twice on other side, and then enter when price retraces to line B. Original description said two candles ...
The 5 minute TF S&R trading system
- Gerry replied Oct 19, 2012
Oh NO! Not pumpkin time yet
I still have 45 minutes. But yes, time for bed. Thanks everyone. It's been swell.The 5 minute TF S&R trading system
- Gerry replied Oct 19, 2012
Snail, I think I know where you mean the setup happened. What surpised me was that there was a BIG inverted V, the top of it was taken out, but no-one but Frank traded the long. Then there was the tiniest v at the top, and the reversal short was ...
The 5 minute TF S&R trading system
- Gerry replied Oct 19, 2012
@Snail. Do you have time to post a chart? Please. Thanks.
The 5 minute TF S&R trading system
- Gerry replied Oct 19, 2012
Thp, that seems golden. Thanks. Good weekend people! I'll still be around for a while, but know some of you are on your way

The 5 minute TF S&R trading system
- Gerry replied Oct 19, 2012
Hey all, It took me ages to work this out... not sure I'm right, but we seem to be talking about different areas on the chart. I think Frank's charts show a far more recent trade than Snail's. Is that right? The last bump in the chart before the ...
The 5 minute TF S&R trading system
- Gerry replied Oct 19, 2012
Hi T.h.p, Franks reasoning seems right to me... though I'm not in the market now. Can you explain why you went short please? thanks. G
The 5 minute TF S&R trading system
- Gerry replied Oct 18, 2012
Hi Snail, I don't like the tight range. Consolidation? It would have to go all the way to the recent resistance to give you TP. Hope you're right
The 5 minute TF S&R trading system
- Gerry replied Oct 18, 2012
S&R — Hi T.h.p, I wanted to ask you: to look for S&R, do you check any other timeframes? Or only 5m? Thanks for your inputs. G
The 5 minute TF S&R trading system
- Gerry replied Oct 17, 2012
mmm... so people find successful methods, but then desert them to go bounce around. Really? I cannot imagine people would work so hard at being fools. But I'm no people expert! Maybe they do. For me, and some others I see here, all we want is ...The 5 minute TF S&R trading system
- Gerry replied Oct 17, 2012
Ok, I pasted link... it put picture there. Try this... type in address bar www. then paste what is below behind that youtube.com/watch?v=GhKJ9P3agRc enter...
The 5 minute TF S&R trading system