Great observation — Hi W Great observation and well spotted. Yes, looks like you do understand the principle pretty well. If you look at your candle, there is a small tail downwards. During the life price feed, that tail would have been a red ...

5Min Intraday System

EURJPY today — Just to show you how the small resistance line show you which trades one can take - 2 profitable trades. But more important, look at the format of the candles and pullback.

5Min Intraday System

And the outcome — The outcome according to the rules - exit after 6 candles. 2pip profit - is it worth the risk? But lets see how it develops further. I know it is Friday but...

5Min Intraday System

Follow up — Now lets see what happens with the 2nd set-up. I did enter on the next set-up after the small support line was broken. Nice second candle pullback from 21MA.

5Min Intraday System

Drawning of small support & resistance lines — Hi EM This is how I draw my lines using today's EURU$ 5min chart: I need a minimum of two points to draw the line. Once it looks like a possible intra-day trend is begining (price crosses the ...

5Min Intraday System

Well done — Hi Shreem Well done!!!!!!!!!!

4 Hour Strategy (MACD)

Great trade — No, great trade. The 1min is a bit fast.

5Min Intraday System

Little bit lost on your chart — Hi EM Sorry but I am a little bit lost on your chart. Your entry and exit point/candles for the mentioned trade?

5Min Intraday System

My contribution — Hi Ryan Attached my contribution on the price movement rules - the main focus point of this system.

4 Hour Strategy (MACD)

Pleasure — Hi BH Pleasure is all mine but just remember, it is just my opinion and my rules based on/using Phillip's rules. As you will see on the charts, I do ignore many trades that turned out profitable (I ignore/don't take them just ...

5Min Intraday System

Great - very essential information — Hi Phil Tx for the information - to repeat and repeat such important information is essential and surely not a waste of time. And Tx for using my one of my favourite pairs when it comes to trending. The ...

4 Hour Strategy (MACD)

Hi R Was about to do the same - to make a list of all the price movement rules.

4 Hour Strategy (MACD)

Well done — Hi K78 Well done. I would have taken the two set-ups after the 50MA break where the 10MA was broken with small pullback into the zone. Each looks like a 10 pip profit. How do you find the 1min trading - you need quick fingers? Not ...

5Min Intraday System

EURU$ risky trades — Just the set-ups today on EURU$ - risky but possible. I didn't take any of them because my small resistance line was broken every time. Just look at how the daily pivot (first support line) line at 1.3478 was tested 3 ...

5Min Intraday System

GBPU$ trade today — My trade on the GBPU$ today - the first in a very long time. I was a bit worried about the long candle up but the support 28 pips away told me the trade and a possible 10pips profit was on.

5Min Intraday System

EURJPY example — The set-up on the EURJPY today - very difficult but possible for the brave hearts: Small support line from last low before 50MA cross to candle #1 (first pullback into zone. Look at candle #2 - nice pull back from 21MA after ...

5Min Intraday System

Great minds think alike — Hi I Once again, great minds think alike. LOL

5Min Intraday System

Tx for trouble — Hi Phil Tx for all your trouble - it is making sense now. After 1 month of looking at charts and set-ups, I think I am now ready for demo trading again. Tx for all your inputs and the summary. It was very necessary to have the ...

4 Hour Strategy (MACD)

Agree — Hi K Yes, I do agree with you. I've looked at the 1min option a few weeks ago especially when the move is fast as it was today. No set-up on 5 min but if you do turn to the 1 min chart - just look at the great set-ups from 10MA. Yes ...

5Min Intraday System

I do like your entries — Hi K No, not a trade made today. Was too busy. Just to mention the fact that I do like your entries. Text book stuff. Keep it up and keep it within your rules.

5Min Intraday System