Thats great — Hi G Thats great because I don't believe in "overtrade". That was what almost killed me in Apr this year.

5Min Intraday System

Read words below Phillip's name — I would advice all novice traders to read the words below Phillip's name in his messages. It is so true an that is why I don't take each and every setup. Sorry to nag about this, but people should realise that ...

5Min Intraday System

Difficult decision — Yes, this is a difficult one. I don't like to trade the setup where the second candle after te recent low/high pull back into the zone (to me it is a high risk trade and not high probability setup). That is usually when ...

5Min Intraday System

Great setup — Hi Eyev Great setup, what a beauty - even for a 5min chart. Well, we do need some sleep and plenty more to come. Keep it going!

Dollie's Safe Pips Indicator

Different ways to draw Small Supp/Resis lines — Hi G There are various ways to draw supp/resis lines. What I would like to see is a few points in line. Look the EY this morning. A very nice one to use. 5 point in a row giving you a nice ...

5Min Intraday System

Post your charts — Hi G Maybe you should post your live trades so that we can see what is going on. That is what I am doing - you'll see almost every trade of mine. I am also trying to avoid "over-trading". It is very difficult to an opinion ...

5Min Intraday System

Like I said — Hi Ammar Like I said - page 103 is My Rules for my style of trading if you want to look at it.

5Min Intraday System

Monthly outcome — Hi F I do put the outcomes of my trades monthly on the thread. It is not a show off but to show people the reality behind this system. It is a profitable system if one takes the high probability trade setups and keep one's ...

5Min Intraday System

Hi Findcount A SMAangle indicator for MT4 platforms was developed to replace the subjective 20degree 50MA angle. Otherwise I've developed My Rules on page 103 to suite my style of trading.

5Min Intraday System

Well spotted — Yes, I do find the same around the opening of NY session - sometimes a dramatical change in direction. That is when I change to a 15min divergence system untill market is giving us a direction again. I only trade untill about ...

5Min Intraday System

Like your style — Just three comments - look at my chart: 1. I like your style - if you don't feel comfortable, get out. Great! 2. First I don't like closes on the wrong side of the 21MA - in the ellipse and "2 & 3". I tend to ignore the rest ...

5Min Intraday System

An example — Just an example - the arrows are where I would have entered (I did have a BE trade on the first arrow). The red vertical line is where the 21MA is coming out of the non-trade zone. Just look at after candle 5 - a close above ...

5Min Intraday System

Another filter — Hi FF Yes, I am using the very same pp indicator and it is a great one. I use it as another filter (when to enter or exit the market). I developed the Small resistance/support lines after I realise that some price patterns ...

5Min Intraday System

Even better one — An even better trade this morning - I've just put in the entry and exit points. People can now look for themselves at the indicators and decide why one should enter and exit at that levels.

Dollie's Safe Pips Indicator

Another trade — Another trade in the old-fasion Dollie Style. Blue has crossed the pink line ("c") to be on top indicating a possible long trade. After that Isma and ---- lines are crossing into the zone ("A") meaning we can now enter a long ...

Dollie's Safe Pips Indicator

Just what I'm talking about — My trade this morning on EUR. It was difficult to get a proper Small resistance line - the reason for the two lines. I liked the downwards movement within the ellipse and I am usually looking for a movement within ...

5Min Intraday System

Hi G No problem with the trade and the support line drawn. Regarding the Small resistance/support line (this was a support line), I am working on a new document to clarfiy what I am doing. I am using the lines as an addtional filter for trades. ...

5Min Intraday System

Same boat — Hi G I was in the same boat - March & Apr 2007. I was doing very well on demo and in Apr I went live with a mini account ($500). I've tried to trade almost every setup (1.5% risk money management) and in Apr I lost about $30. I ...

5Min Intraday System

Trade what you see and not what you feel — Follow up of my previous post - just another example of: To trade what you see on the chart and not what/how you feel about the pair.

5Min Intraday System

For the brave hearts — Will you enter a long trade on the candle above the arrow after a run like this and candles like this in the ellipse? Not for me, thank you. I'll wait for my Dollie system on a 30min chart to give me a short signal.

5Min Intraday System