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- Gerry replied Oct 8, 2012
ok. fx,
Thanks for today's help. I must get to bed... and move to a different time zone! Good night allThe 5 minute TF S&R trading system
- Gerry replied Oct 8, 2012
Would you say 72 is the place for a short? Or 63 if current candle closes down?
The 5 minute TF S&R trading system
- Gerry replied Oct 8, 2012
Will do, thanks fx. I have to keep practising... fear when trend is not brand new. Burnt a bit a few times. Will get it soon
The 5 minute TF S&R trading system
- Gerry replied Oct 8, 2012
Thanks fxpivots. So if that 123 were only a few pips in height, would it still count? Say 4 or 5 pips?
The 5 minute TF S&R trading system
- Gerry replied Oct 8, 2012
okay. I've been thinking all along that 2 candles must close above means whole candle from low to high should be above the 2 line, no part of candle touching line at all. My mistake. Thanks for clearing it up. Please tell me, w.r.t. the V shape, ...
The 5 minute TF S&R trading system
- Gerry replied Oct 8, 2012
point 2 = 1.29512 Then 3 candles close BELOW 2, then next closes above, but body totally straddles line on point 2. Next candle closes above, but candle still 'over' point 2 line. See charts. Thanks
The 5 minute TF S&R trading system
- Gerry replied Oct 8, 2012
Hi there, My chart looks a bit different (GFT). Didn't get 2 closes above point 2. I could have entered on retrace to 56, but I was unsure. Now it may even be looking bearish.
The 5 minute TF S&R trading system
- Gerry replied Oct 2, 2012
I'll call it a night. Chat tomorrow. Hard to be patient, though obviously the smart thing to do...
The 5 minute TF S&R trading system
- Gerry replied Oct 2, 2012
Thanks Phik... looks like it may be breaking up now...
The 5 minute TF S&R trading system
- Gerry replied Oct 2, 2012
G'day all, FXPivots, I'd like to ask: on EUR right now, if it starts trending up more sharply, would you trade pullbacks, or would you avoid it until there is a change in trend (H&S)? I'm asking because it's been moving steadily up for a while now, ...
The 5 minute TF S&R trading system
- Gerry replied Sep 28, 2012
Goodnight folks! Bedtime in Australia! Have a good weekend. Thanks for all your help
The 5 minute TF S&R trading system
- Gerry replied Sep 28, 2012
AUD fresh trend? — fxpivots, this is an amazing system. Pretty soon I'll catch on and get it right. I did a few CHF and AUD trades today and up 30 pips for the day. Feeling good about it, but know it follows two very different days. Baby ...
The 5 minute TF S&R trading system
- Gerry replied Sep 28, 2012
I am?? Wow! I pass the theory. Shame about the practical!
The 5 minute TF S&R trading system
- Gerry replied Sep 28, 2012
Just realized my first arrow should be a bit more to the Right!
The 5 minute TF S&R trading system
- Gerry replied Sep 28, 2012
I see three winners. One still in action. Not sure I would have traded so far down... too nervous
But, not sure I'm right... hindsightThe 5 minute TF S&R trading system
- Gerry replied Sep 28, 2012
Oops!
Which raises the question, do you all use US eastern time on your charts?The 5 minute TF S&R trading system