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Phillip Nel replied Jan 12, 2007Technical vs Fundamentals — I went both ways in my trading path of almost 10 years. First fundamental and then technical. What I find was that there are some sort of a link between the two. People act upon information and most definitely on ...
5Min Intraday System
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Phillip Nel replied Jan 12, 20074Hour Trade the Plan — Can I get some feedback as to the carrying on with the 4Hour Plan as it takes real dedication and time to do it. I know that people differs and what I might like might not suit another. I have added it to this thread as ...
5Min Intraday System
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Phillip Nel replied Jan 12, 2007Reply — Thanx for the feedback. Nice to know someone is benefitting from it.
5Min Intraday System
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Phillip Nel replied Jan 12, 20075 Min Strategy — Have been on the road all day. Travelled 900Km. Just got home and missed out on two trades today. Hope you got it. Could not attend to the 4Hour Plan as well. Will see to it next week. There are not very much feedback at this ...
5Min Intraday System
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Phillip Nel replied Jan 12, 2007Pin Bar — Yes, I am using especialy the pin bar and some other candle bars and formations. I did not want to make it to crouded at start. I wanted to keep it simple and straight forward. I am using the 5Min strategy intraday and then a 4Hour ...
5Min Intraday System
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Phillip Nel replied Jan 11, 2007Technical vs Fundamentals — I went both ways in my trading path of almost 10 years. First fundamental and then technical. What I find was that there are some sort of a link between the two. People act upon information and most definitely on ...
self fulfilling prophecy trade
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Phillip Nel replied Jan 11, 20075 Min Strategy — I,m done for the day. Will wait for 21:00(GMT+2) to see the close of 4Hour candle to take action on 4Hour trading Plan if needed. Update It was indeed a perfect setup. I think the day with its ups and downs and the fact that I ...
5Min Intraday System
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Phillip Nel replied Jan 11, 20074Hour Trade the Plan — I said enjoy the ride and what a ride it was. Got stopped out at 1.2950 as expected before the GBP news. Are 18 pips up for the day. 10 On the 5min strategy and 0.3 lots for 25 pips (8 pips gained) for a total of 18 ...
5Min Intraday System
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Phillip Nel replied Jan 11, 20074Hour Trade the Plan — Was away for an hour and when online again found some exciting stuff. 30% of position closed for 25 pips profit with rest at 1.2940 stoploss. Ran all the way to the 365EMA and pull back to around 1.2970. Should see some ...
5Min Intraday System
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Phillip Nel replied Jan 11, 20074Hour Trade the Plan — On the 1Hour chart the 55SMA was tested three times and a small tweezer top against it could bring a temporary downwards move. Take note of the possible move. My first 30% partial profit is thus set at 1.2975 and my ...
5Min Intraday System
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Phillip Nel replied Jan 11, 20075 Min Strategy — The web was not available. Was trying to get this to you people. Enter GBP at 1.9383(2 pipspread included) and closed at 1.9393 for =10 pips. And then I get a virus database update while trying to get this through. Must take ...
5Min Intraday System
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Phillip Nel replied Jan 11, 2007MA angle alert — If there are someone out there that knows of something like this or can write something like this please let us know. When the angle of the 50SMA over the last 5-8 bars are greater than "x Degrees" to trigger alert every 5-8 ...
5Min Intraday System
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Phillip Nel replied Jan 11, 2007Alert — Yes, you can set an alert and when triggered can evaluate the situation according to the rules and setup.
5Min Intraday System
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Phillip Nel replied Jan 11, 20074Hour Trade the Plan — I have altered the bottom trendline to fit the latest movement. Entered long at 1.2950 again due to strong trendline resistance and Morning star at that point. (Stoploss below bottom trendline as a testing of it might be ...
5Min Intraday System
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Phillip Nel replied Jan 10, 2007Spending time — This strategy is for fulltime daytraders. One can however trade news with it as long as the motion satisfy the setup and rules. TOne can also sit in front at certain times like the Eastern, London and Amreican open and watch ...
5Min Intraday System
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Phillip Nel replied Jan 10, 20075 Min Strategy — Yes. Took the first and third one. On Metatrader the second one pulled into the 21-50MA zone. 19 Up for the day. With the 17 loss on the 4Hour trading Plan I'm in positive country. The news was better than expected. The 4Hour ...
5Min Intraday System
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Phillip Nel replied Jan 10, 20075 Min Strategy — First one for today. Gained 9 pips.(Closed it while preparing this) Was to choppy during the day and moved down to the 50MA several times not favouring my strategy.
5Min Intraday System
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Phillip Nel replied Jan 10, 2007Trade the Plan — I am trying for more than 30 minutes to get this through due to slow GPRS this side. The EUR is running into quite a resistance at 1.3000. (See 1hour chart). I have therefore decided to set my stoploss to breakeven at 1.2970. ...
5Min Intraday System
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Phillip Nel replied Jan 10, 2007Trade the Plan — Well. got stopped out again last night. Made 37 pips on half a lot with the first run which are about 18 on full lot. Lost 35 on full lot overnight which give me 17 pips down on full lot. As you can see the bottom trendline ...
5Min Intraday System
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Phillip Nel replied Jan 9, 2007Trade the Plan — My 4hour plan came to halt with stoploss taken out at 1.2995. Half profit was taken at 1.3445. I was hoping for a test of 1.3000 at worst but it went down to 1.2985. With half position closed for ±40pips I can enter long again ...
5Min Intraday System