- Search Metals Mine
- sidefx replied Oct 24, 2012
+57 short this morning down to S1 and done for the day. Unable to trade yesterday which looked another good day for EU Force signals with the hrly trend.
The Force 5min system
- sidefx replied Oct 22, 2012
..a better day using Force on EU. Took +30 from the long around 09:45 London signal and in again long now. edit (15:25 UK): locked in +9. edit: TP filled for +19.
The Force 5min system
- sidefx replied Oct 19, 2012
..some reason this doesn't load up properly and knocks out MT4
GU Intraday System
- sidefx replied Oct 19, 2012
With S1 breaking down, now looking for potential SbR setup on a retrace. edit: yup, here we go..short from 1.3023 (SL -15).. edit: 17:05 - took +5 after the previous pin and wkend beckons.
The Force 5min system
- sidefx replied Oct 19, 2012
..long again (EU), from 1.3045 with a 13 pip SL. edit (14:13 UK): SL to +4 edit: SL filled (+4).
The Force 5min system
- sidefx replied Oct 19, 2012
1st trade today. Liked the 15Stoch divergence to support this entry, all other criteria lining up too off S1. edit: stopped out for -16.
The Force 5min system
- sidefx replied Oct 19, 2012
Unable to trade after news yesterday, looks like the hrly H&S played out but a tricky day to trade nonetheless. Had to pan out to the daily chart this morning to get a fix on S&R...and ranging between pivots atm on the 5min, so no trade taken so far ...
The Force 5min system
- sidefx replied Oct 18, 2012
..short again. edit (11:38): moved stoploss to -10. edit (11:50): scratched at b/e, not happy with the momentum. Will wait now until the dust settles after US Claims figures at 13:30.
The Force 5min system
- sidefx replied Oct 18, 2012
..i'm short now off the latest signal; as it's CT and right into a potential support zone, i'm using lighter stakes and will be extra vigilent on the move to b/e.. edit (11:04 UK): moved SL to -5. edit (11:14): SL now @ b/e. Possible long shaping up ...
The Force 5min system
- sidefx replied Oct 18, 2012
Interesting posts, dug_forex. I agree that more emphasis should be placed on trade mngt. It would be great to show this on more of a realtime basis, where possible. The hrly EU looks (to me) to be developing a H&S pattern, so I'll keep this in mind, ...
The Force 5min system
- sidefx replied Oct 17, 2012
Free trade now, so if it turns no worries. 15Stoch still firmly long for now at least. If stopped out there may soon be another opp to trade long, should this just be an impulse wave retracement before the next leg up, we'll see. Edit: stopped b/e ...
The Force 5min system
- sidefx replied Oct 17, 2012
Sure, some days taking all Force signals will net you loads of pips, but those days are quite rare. In order to increase the win rate, learning to read price action from the higher timeframes down to the timeframe you're trading, is the key. Hope ...
The Force 5min system
- sidefx replied Oct 17, 2012
Double top off R2 helping with the decision to get in on that short signal. Nice. The stoch wasn't perfect but it doesn't matter within the context of price action at the time. I'd rather trade the next long signal, although there's resistance on ...
The Force 5min system
- sidefx replied Oct 17, 2012
..just missed the last long signal, a quick sprint to R2 so far.
The Force 5min system
- sidefx replied Oct 17, 2012
...it has been thoroughly tested with the 5min stoch on the Genesis thread, with higher probability signals being when both stochs are aligned. Not an exact science of course, as it takes time to really understand the nuances of what the stochastics ...
The Force 5min system
- sidefx replied Oct 17, 2012
Agreed. The 15minStoch was also still in short mode around that signal too..
The Force 5min system
- sidefx replied Oct 17, 2012
excellent, thanks for this. I like fibs. I'm out of the last long now too.
The Force 5min system
- sidefx replied Oct 17, 2012
could easily push down, especially now 15Stoch is o/b and beginning to hook/cross. I'm +1ish under the last swing low, just in case R breaks up. Before trading today, i looked at the hrly chart and noticed the bull flag type pattern, so i ...The Force 5min system
- sidefx replied Oct 17, 2012
Hi dug_forex, the Genesis thread uses the MTFStoch really well and the idea of using it with Force entries makes sense - lots of forward testing to do though until I completely hang my hat on it.
The Force 5min system