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- snusnufreak replied May 17, 2010
My order is in place: EP @ 1.2255 TP @ 1.2215 SL @ 1.2275 If price goes higher now, I'll move it higher.
Great 5M pullback system
- snusnufreak replied May 17, 2010
EU prepairing for short — Here's the deal. We have hidden divergence on Stoch. Draw TL and wait for price to close below it, then go short. Watch your 5/15M Stochs! Regards, snu
Great 5M pullback system
- snusnufreak replied May 16, 2010
Bbolss, please describe in detail your exit technique. Regards, Snu.
Great 5M pullback system
- snusnufreak replied May 13, 2010
Entered higher @ 1.2585 since price made a new higher high Closed half manually @ +24 cos don't like PA. Now its a free trade.
Great 5M pullback system
- snusnufreak replied May 13, 2010
Setup is forming on EU. Be ready! My order is in place. Also have a limit order in case price retraces higher. Regards, snu.
Great 5M pullback system
- snusnufreak replied May 13, 2010
U're absolutely correct. I analyzed what was wrong later on and that was the case. Check the PIC from my previous post. You can see that 15M Stoch was pointing up.
Great 5M pullback system
- snusnufreak replied May 11, 2010
Here's the indi once again. Put it on the chart first With following parameters: timeframes: M15 barspertimframe: 32 shiftright: true currentfirst: false then put standard stoch in the same window. Everything should be ok! Regards Snu.
Great 5M pullback system
- snusnufreak replied May 11, 2010
Yes, it does indeed, could you plz share the indi.
Great 5M pullback system
- snusnufreak replied May 11, 2010
Sure, I will try that. But don't just blindly follow me, it would be better for you if you saw the possibility, posted the pic and then we discuss if its a good trade opportunity or not!
Great 5M pullback system
- snusnufreak replied May 11, 2010
Hmmm.. I dunno, everything should work just fine. try searching for them here on FF.
Great 5M pullback system
- snusnufreak replied May 11, 2010
EU second entry for today. A little late entry cos of my broker slipperage. Closed half @ +30. Now its a free trade.
Great 5M pullback system
- snusnufreak replied May 10, 2010
mahomed, I'm glad you find the system work for you. Keep it up! My advice. Forget about repainting. Do not trade the indicators. trade setups and patterns. Use indicators only to confirm latter. Always look for divergence with stoch if you trade the ...
Great 5M pullback system
- snusnufreak replied May 10, 2010
Another swing indicator — Here's another swing indicator which looks nicer + it drows numbers instead of dots so its easier to know which lvl swing it is. Use same parameters (8,13,35)
Great 5M pullback system
- snusnufreak replied May 10, 2010
2B pattern — Guys, I would like to introduce an additional setup which I find to be very effective, since it allows to have very tight stops and maximizes your R/R ratio. Please do not underestimate this setup. If you master it, you will be ...
Great 5M pullback system
- snusnufreak replied May 10, 2010
Hello, traders! From now on I will post here only EU setups. I encourage others to post here EU and GU setups only so the thread doesn't get clogged up with some fancy pairs. This way it will be easier for everybody as we will be looking at the same ...
Great 5M pullback system
- snusnufreak replied May 7, 2010
Here is a nice indi which works kind of like zig-zag. My parrameters are 8 13 and 34. Find them work good for identifying 5M swings. Here's the pic. Update: It repaints though, so be careful. Regards, snu.
Great 5M pullback system
- snusnufreak replied May 7, 2010
Well, it was. Beginning of new trend (when 50 goes above 200) is often like that, unless we have big impulse move. But anyways, MACD was above zero, thats all that mattered to me plus fib retracement lvl worked out perfectly.
Great 5M pullback system
- snusnufreak replied May 7, 2010
Sorry guys, couldn't post right away! Here's EU set-up I closed for 35 pips at previous high. Might go higher, but I'm glad with what I've got!
Great 5M pullback system
- snusnufreak replied May 7, 2010
Good job, mate!
Don't be too frightened though! Emotions should be left behind when we deal with trading. Stick to your rules and you'll do great! I'm really liking to see how the system works for you! Regards, snuGreat 5M pullback system