Testing 5m Force strategy, Day 3

Today, due to my vps problem, I could not trade in my vps. I started trading an hour back... here one long opportunity which I took but on that very candle it started to go opposite.

Price ultimately started to go sideways where daily pivot is lying below and weekly pivot is above the price. I waited patiently with sticking to the rules and ultimately got out of the trade with 4 pip. I would have got out with more pips but here I faced terminal problem for which I had to restart the terminal and I managed to get lesser pips.

Look, the price rose a little bit... when price plays fishy role, we should get out of it straight forward..... Waiting for more signal......

Almost 4 hours since last image above... I've missed another very good short entry. I went to see my father as he was ill. I came back and found that I missed a very good trade for today by 45 minutes.

Price moved more than 70 pips down.... A trade for the day. At the time of writing it price was still on the move....Now some fact here...at the start, price was in between DS1 line above and monthly pivot line below. After crossing monthly pivot line price held at the DS2 line for about 30 minutes. Then broke the DS2 line and now approaching towards the DS3 line and testing it. Now we need to look at the fundamentals...

  

Price started to go south when some news was released and report went against EUR. Italian Prelim GDP q/q and 1 hour later Flash GDP q/q.... Both was below the level of forecast. Earlier in the morning here 12:30 pm (+6 GMT) and 1:00 pm (+6 GMT) French and German Prelim GDP q/q published and both are also was below the level of forecast. These news had some role with the fall of EUR/USD. What I wanted to say here that the impact of fundamentals picked up by this system nicely and gave some very good number of pips.

Now from the DS3 line price is trying to bounce back as bullish reversal... Let's see whether long set up build up nicely or not...

More than half hour passed... price is going sideways staying just above the DS3.

Here is the screenshot of present price action.......More waiting.....

I went out along with my baby girl and my wife. It was the 4th valentines day of our conjugal life. After returning back, again started to monitor EUR/USD. Now I decided to trade according to the advanced rule of 5M Force system. In this system, trend line bounce is considered as a part of the signal.

Lower trend line was just below the DS3. Price was approaching to the lower trend line and I was waiting for the bullish bounce from the DS3/lower TL. With the second bullish candle I took the long position. Stoch was crossed and headed up from oversold area. Got 9 pip there.

Price was approaching towards upper trend line and I was expecting bearish bounce.

With the bounce on upper TL and on the second bear candle I took the short position. Let's see what happens here....

With some hesitancy on third candle after bounce, ultimately I got out with 6 pips. But I could have gain >10 pips there if I could stick to the rules..... Still problems with exit.. Some panic moment. Emotion control is necessary.

Price is likely to break the upper trend line as the lower trend line is an older one and it's backed by DS3. Probably I'm going to stop for today. See you tomorrow.

Finally, Today's pip gain was: 4 + 9 + 6 = 19
Collectable pip was: 0 + 70 + 12 + 15 = 97.