Smooth Round pullback — Another type of pullback one should be on look out for. Just look at the nice smooth formation of the pullback. I would have entered on the opening of the candle under the finger. Or the candle before. As soon as the ...

5Min Intraday System

EURJPY trade — My trade today: My small support line between Candle 1 & 2 nd extended. The first pullback was a bit steep but then the channel (3) was formed - that was when I started to look at the set-up. My support line was broken but the ...

5Min Intraday System

My Rules - page 103 — Hi H On page 103 of this thread, you'll find My Rules where I explained the usage of the 21MA on the SMAangle indicator. The other 21MA on the chart itself is used to form the war-zone where you'll take your trades.

5Min Intraday System

Great analysis! — I do like your style of analysis - make sense and is very simple yet very effective. I did take the EY trade and just manage to make 10pips out of it. I'll post my chart later today.

5Min Intraday System

My second setup — Cable was my second set-up I was trying to get a high probability trade out of: First my Small Support line between "a" and "b". What a great pullback "c" - the reason I started looking at Cable. Then came candle (big) "A" ...

5Min Intraday System

Setup watched today — The $JPY setup I watched today and waited for a trade. After I've drawn my Small resistance line, the pair went in overdrive. Just look at the beautiful fast mode (ellipse A) after the first pullback just inside the war ...

5Min Intraday System

Enjoy!

5Min Intraday System

Another few EY channel examples — Just another few EURJPY channel formation examples. As you can see, not all are that clear and well defined.

5Min Intraday System

Typical EY price movement & setup — Just to share my throughts with you on this pair. I've been watching this pair for a while and there are a few features like this one: The price tend not to have a steep pullback but rather move in a ...

5Min Intraday System

How I learned! — Pleasure. That was how I've learned this system - looking charts (my own & others, especially Phillip's charts and his comments) and like you said, asking that questions. Just reading to comments about trades (entry, exit, SL, ...

5Min Intraday System

IM chat — It is an instant message (IM) chat on Skype where members discuss the charts/setups as it develops (not a verbal conversation). You need to register with Skype, get an Skype ID and then somebody can add you to the chat.

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Getting more impressed! — Hi Eyev I am getting more impressed every day. Well done. I do like your style of analysis and pivot lines. Hopefully one day you would post your monthly results (like me)! I also don't like the candles and price ...

5Min Intraday System

Spread — Sure, my spreads are: EUR$ - 2pips $JPY - 3pips Cable - 4pips EURJPY - 4pips With news releases, the spread can increase up to 6 - 15 pips. I tend to wait for the spread to return to normal (usually within minutes after the release) ...

5Min Intraday System

$JPY trade today — My trade today on $JPY - I just liked the flat pullback resulting again in a descending triangle. Was a bit worried about the broken small resistance line. Entered trade from the 10MA - seems like it was the going trend for ...

5Min Intraday System

Interesting Cable chart — What an interesting cable chart today - that 3 little sisters again. Unfortunately just on the wrong side of the 50MA. My comments on the 5min chart. Go for 1min chart.

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Page 103 — Page 103 - just My Rules based on Phillip's system.

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Great, welcome to the club!!!!!!!! — Hi Eye Great, great, great. That is all I can say. Welcome to the club. That is exactly what Phillip is trying to teach us - patience!!!!!!!! For the readers: Don't just jump into a trade - plan it ...

5Min Intraday System

Pivot levels — Tx, eyev for the files. I do use the multipivotsv2 indicator and I do find it very easy to use and the price seems to "respect" its pivot levels. Every day, the pivot levels are changed by the indicator itself. No need to change ...

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Outcome for June 2007 — For those who are interested - my outcome for June 2007 on a demo account while I was reviewing My Rules. As you can see, only very selective trades setups were taken and I missed out on a few nice highly profitable ...

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EUR$ trade post #1614 — Hi Nick Pleasure. Yes, don't be confused with the two lines. I don't really draw that green rectangle on my charts when I am trading. The resistance is needed to form the triangle and it is usually a visual effect. I ...

5Min Intraday System