Triangle being formed — Look for this in a set-up. Small resistance line (black) and support (green). Very strong sign. I'll close the trade if my black line (small resistance) is broken

5Min Intraday System

Practice entry from 21MA — Daniel My entry from the 21MA. This is not a proper set-up - just to practise my entry from the 21MA

5Min Intraday System

Checkstar's swizzy — Let's look at the swissy trade set-up today - checkstar's comments on the chat (BE trade). I don't really follow this pair. I had to re-draw my small support line (within my rules) (A was first one and B the second one). ...

5Min Intraday System

Cable set-up today — The Cable set-up I was watching today and almost entered. Luckily for my old friend - the small resistance line. Just look how nice a resistance line it is - not every day that you can draw a line with so many points in ...

5Min Intraday System

ADX — Hi Al You do have it on your MT4 platform under 'Indicators" - Average Directional Movement Index indicator (ADX).

5Min Intraday System

Hi Jb It is in My Rules and I'll review & re-post My Rules over the week-end. It is just that you need to consider closing your trade after 5-6 candles (25-30 min) if your SL of TP wasn't triggered. If your TP was not triggered within 5-6 candles of ...

5Min Intraday System

Hellodollie LSMA indicator — Hi EYEv Tx. No, I don't really look at the 0.2 level anymore. That was in the begining when I tested My Rules to develop some filters for myself. I am using the Small Resis/Supp line now instead. I do find it more ...

5Min Intraday System

Totally agree with you — Hi R7 I totally agree with you. I saw your comment later on and agree with it. Like I said, it could give a positive trade but no clear signal. Risky to take trade like this but sometimes it works. But not for me, tx. ...

5Min Intraday System

No real changes - just adapt it for one's own style. — Hi 4n The only change is the SMAangle window with the 21MA to assist traders. Furthermore, one needs to adapt your own rules or stay with the original system developed by Phillip. I did ...

5Min Intraday System

Interesting head and shoulder trade — I saw this head and shoulder set-up on the EURGBP yesterday after a bounch of the 89MA. I though I can give it a go. I've closed half my position today after 10pips and moved SL to BE. My aim is the low at ...

4 Hour Strategy (MACD)

Same EURU$ trade — In the same pothole - the VT trade near 89MA. I've opened my trade on the opening of the second red candle being formed. Afterwards I've realised one should wait for a possible lower high before going short. Or the pullback ...

4 Hour Strategy (MACD)

$JPY trade today — Then my tade today - the same one as eyev. Candle A was a concern - too big as well as the ADX crossed (B). But then resistance found and just look at the nice smooth rounding from A to C to D. Excellent opportunity to enter ...

5Min Intraday System

Almost! — I almost entered this trade ("A") on EURJPY. Just look at the beauty of a set-up but it was just before the German news release (green line) and the 21MA was still in the no-trade zone("B"). After that two steep pull-backs/large ...

5Min Intraday System

Comments on Skype chat — I was scanning the market today and I looked at the EURU$. Just one look and I passed it and carry on working. Then I saw on Skype chat people consider buying the EUR. I though what I am I missing? I didn't even ...

5Min Intraday System

The same trade — Hi EV Great trade - I took the very same one. Great minds think alike! I'll put a post with my discussion a little later. Took my full 10pips profit (3pips spread on this pair)

5Min Intraday System

Plesure — Hi Willem, Thanks for that - it is was this last piece that I did not have, till you explained it. No-one else has put it that way in the entire thread, so I was spinning my wheels. May the pips be with you Now, I am up and away. ...

5Min Intraday System

Template or drag — Hi M18 I hope you'll manage with the template (post #1460). It works - I've downloaded and tested myself. Otherwise make sure you do use the MA indicator in the "indicator" folder and not the MA indicator in the "Custom ...

5Min Intraday System

$JPY high probability trade — I saw this set-up too late but look at it to identify similiar future set-ups. Ignore candle A as trade set-up - big single downward candle, went through 21MA, close on wrong side of the 21MA and 21MA on SMAAngle ...

5Min Intraday System

EURU$ & Cable during London session — 3 trades resulting in 22pips. Just be careful when you look at the EURU$ and Cable during the London session. It almost caught me today again. They tend not to move in the same rhythm during the London ...

5Min Intraday System

GBPU$ trade today — The two trade today on Cable. I just looked at the slow movement up from 02:00GMT and draw my small support line. Then I saw a pullback to 21MA and enter first trade "A". As discussed last week - just look at the 5-6 ...

5Min Intraday System