Essentially in the 5-minute bar system we wait for the opening 5 minute range to form and then break either way, before entering the market. This is our “delivery mechanism” when entering the market.
Advantages of the 5-Minute Bar System:
- Provides a balance between short-term and medium-term trading perspectives.
- Frequent trading opportunities within a single trading session.
- Allows traders to capture quick price movements and take advantage of intraday volatility.
- Suitable for day traders and swing traders who prefer shorter timeframes.
Whether you’re a seasoned trader or just starting out, we promise valuable insights, actionable tips, and real examples that can enhance your trading performance.
Get the most out of your trades
Featured articles
Imagine if in one fell swoop you could remove your losing trades?
Magnetic Short-Term Trading, the first course of its kind that shows you how a professional trader writes a daily report predicting the outcome of the markets.
Learn More about Magnetic Short Term Trading Blueprint