Yes — Hi Rick Yes is my answer on both your questions. Remember there could be a few retrachments before the trend continue in the direction of your 4h chart. Those retracements (in the opposite direction of the 4h trade) could present ...

5Min Intraday System

Thanks — Hi PP2 Thanks for the info. I had a Skype chat with Alexfot yesterday and suggested the very same. Now we are waiting for his charts and trades.

Dollie's Safe Pips Indicator

Correct — Hi Riad Correct

5Min Intraday System

Perfect — Hi ALex Perfect - I do like your approach. Also look for specific price actions (e.g. 3little sisters, higher lows, ext) on the 5min charts - it will give you an indication when to enter and when not to enter. Like we chat on Skype, ...

5Min Intraday System

No 13 and EY made up for loss — The trade on EURJPY: 30pips with first half and 90pips with second half = 60pips nett. My entry was way too late - ADX crossed in to between the -DX & +DX could have been the signal. Also Triple's ---lines ...

Dollie's Safe Pips Indicator

My first negative trade after 12 postive - more realistic — My trade today on cable - afterwards I've realised that after such a strong downward move, don't expect a bounch back. On the 4h chart there was a support line (nearby) that I've ...

Dollie's Safe Pips Indicator

Example of 1min during a fast moving market — Hi Check Today was an excellent example of how to use the 1min chart if you do have a fast moving market. Look at cable's 5min chart today and you'll see no signal after the 21MA crossed the -0.1 ...

5Min Intraday System

Backtesting and demo trading — Hi A I do agree with CheckStar - I don't really believe in backtesting. I like to call it a "lookback". You can do backtesting just to get an idea/to see if a system is working. This system is already proven to ...

5Min Intraday System

1min system, fast moving markets & news releases — Hi Check Yes, I saw your comments on your thread about your trades. I had the very same type of trade on Cable. I've realised (from previous news release experience) that a 15pips trailing ...

5Min Intraday System

No 12 in a row — Yesterday my trade on $Y after the NFP. Almost the same as my EURJPY trade posted earlier on this page. I put a TP at 15pips and it just reached it before turning downwards. Only the ADX was not in line for this trade but I do ...

Dollie's Safe Pips Indicator

Thanks — Hi Alexfot Thanks, and I hope hope you are doing well with the 4hMACD system. I am currently trying to trade in line with the rules of the 4hMACD but not taking the actual trade signal as it appears on the 4h charts (just too ...

5Min Intraday System

Well said! — PP2 Well said - and it is really good advice. I am now busy with my 4th year in forex trading (only part time) and I've blown 2 mini accounts because I didn't have patience and didn't use money management principle. Now I am ...

Dollie's Safe Pips Indicator

No 11 and still going — My trade today after the NFP release. A. The Green line is coming out of the oversold area and crossed the blue line. My first criterion what I am looking for. B. lsma turned green and DX+ (blue) crossed the DX- ...

Dollie's Safe Pips Indicator

What a trade!! — I decided to give the NFP another try using the 1min chart for entry. I entered @ 1.3707 at 12:45GMT with pullback into the war zone from the bottom (not the usual entry method but I saw that once from Phillip). Close half of ...

5Min Intraday System

My pleasure — Hi YY My pleasure - do it for yourself and make sure you keep withing that set of rules. You won't be disappointed and also you'll be surprised how many times you'll need to look at the pages with the rules.

5Min Intraday System

Interesting setups and trade today — Just the two trades of mine today both on my mobile phone without the SMAangle and pivots levels. The EURJPY was a typical 2 candle bounch-of-the-21MA. It was however not a great setup and the move was only ...

5Min Intraday System

Trade #10 — And trade #10 on Cable yesterday. Just the 5min chart and 4h chart to show the enter fot those who are familiar with Philip Nel's 5min and 4h MACD system. I'll wait for a 21MA or 50SMA break on the 5min and on the 4H MACD a bounch ...

Dollie's Safe Pips Indicator

Trade today — My trade on the EURU$ today. I liked the support found on the daily pivot line. It was difficult to draw a small R line. I entered where you see the green line (chart 1). I took profit (half my lots) after 10pips and move my SL ...

5Min Intraday System

Agree — Yes I agree and that was why I've developed My Rules (posted). Some of the considerations should be in your rules. Develop your own style of trading based on the principles provided by Phillip. One important consideration is the price ...

5Min Intraday System

Outcome of the first month of trading this system — The outcome of the first month of trading this system with a demo account after about 2 months of studying and backtesting. I am just stuggling with the entry points but I am trying now to ...

Dollie's Safe Pips Indicator