Very helpful — Hi Palmer Tx a lot, this is really helpful and would make excellent bed-time reading material. Exspecially for beginners. Well done. Willem

4 Hour Strategy (MACD)

The same trade — Hi Phillip I had the same trade - just - I didn't see the little sisters. I was a bit worried about a break above 50MA. Enter @ 16:25 1.9681 TP @ 16:30 1.9671. I was thinking of letting the trade run but I was not comfortable ...

5Min Intraday System

Market vs. order entries — Hi Phillip Tx for the MP3 & chart - I'll try it next time. I do like the news trades - just a few questions: 1. One tends to struglle to enter during fast market conditions like news releases. Do you use market or ...

5Min Intraday System

More than pair — Hi Phillip Yesterday and today I did miss a few nice trades because one tends to concentrate on too many pairs. I think one should concentrate on just the EUR$, cable and JPY$. In future, I am also going to use a buy/sell ...

5Min Intraday System

Trade #9 with 5min system — Attached is my trade today with EUR$. I've missed the first trade (first thumb down) but entered the second opportunity: 10:29GMT sell @ 1.3362, SL 1.3374, TP 1.3350 triggered @10:55. 9 trades so far this month, 7 ...

5Min Intraday System

Good for you! — Hi kunz78 Good for you if you do take trades like that. I'll stay with my rules - can't say I'll do better. It is just a matter of style. I had one trade on EUR$ today (10:29GMT) (missed the first one - 09:05GMT) - I'll post it ...

5Min Intraday System

Some answers — Hi Tess 1) I am using InterbankFX charts (free) that are part of their trading platform. I am of the opinion that one needs to use the charts offered by your broker when trading intra-day because price feed may differ from ...

5Min Intraday System

Don't you just love this intra-day system — Hi Kunz78 Don't you just love this simple system of Phillip? If you: 1. Do follow the rules (my rules are attached to post#505 page 34) 2. Are not gready 3. trade the most suitable time frames this ...

5Min Intraday System

your lion or tiger — Hi Phillip That's the way to do it. Don't you just love the 5 min system? So simple and also so easy to trade. I am so jealous, I drove down to George today and now I don't have access to my broadband for trading. I am ...

4 Hour Strategy (MACD)

Tx for mp3 — Hi Phillip Tx for the mp3 file - make sense. I do enjoy trading this system - some mechanics and some personal intepretation/feel needed. Willem

5Min Intraday System

2 weeks back testing on EURU$ — Attached are my results of back testing the 5 min system for 2 weeks in Jan 2007. I've tried to include all possible trades. 77% positive trades 498 pips with 72 pips loss Average of 13 pips per trade Profit ...

5Min Intraday System

Did send a PM — Hi RR I did send you a PM - RR calculator looks great. Willem

4 Hour Strategy (MACD)

GBP$ - 3rd positive trade in a row — This was my 3rd positive trade in a row - this time with the GBPU$ Willem

5Min Intraday System

.2 & .23 lines — Hi fxque I think what Phillip is refering to when talking about .2 & .23 on the mp3 is the horizontal line that you need to drawn/insert (manually) on the SMAangle indicator. It doesn't mean you are changing the setting of ...

5Min Intraday System

Yesterday mp3 on SL — Hi ramrocket Phillip did an excellent mp3 yesterday on SL. I also follow his method by looking at the previous candle: To determine where to put the SL - Just above (short trade) or below (long trade). I calculate the ...

4 Hour Strategy (MACD)

Phillip, your comments please — Hi Phillp Could you please comment on Chandra's questions once your are back on this thread? I also would like to hear your comments because I am really interested in this system. A friend of mine and myself ...

5Min Intraday System

Primary use of dot-alert indicator on 5min MA system — Hi Chandra Sorry to comment on the question to Phillip but I also use the dot-alert indicator just to alert me of the first trade setup. I do use my laptop for other purposes (working on ...

5Min Intraday System

Hi Chandra Tx for the comments. I did a bit of back testing over the weekend (took 4 weeks in January and analise all the trades on EURU$) and I found that if the SMAangle indicator is above or below 0.2, I do have a high probalility trade setup ...

5Min Intraday System

5 min intra-day - Go and have a look — Hi Palmer I would recommend that you go and have a look at that thread. I've just posted my own rules based on Phillip's system and IT IS WORKING. My first two trades were positive trades. Willem

4 Hour Strategy (MACD)

Own rules for 5 min intraday trading system — Hi all Just my own rules (summarised) for using Phillip's system to ensure one trades within the rules with discipline. Willem

5Min Intraday System