Know the feeling — Hi H I know the feeling, it was times like that when I started to doubt the system(s). After a few Skype sessions with Phillip in the past as well as looking at his analysis of charts, only then I did realise that I was ...

4 Hour Strategy (MACD)

Tweezer tops — Hi Ad I was thinking of the tweezer tops: The price action has trended upward then 2 consecutive days (candles) of equal highs signal resistance. This could signal a short term top is forming. There are different types of ...

5Min Intraday System

Spnning tops — Hi Ad Yes, you are correct about the spinning tops: Spinning tops are candles that have a small body compared to the size of the wicks. For a candle to be defined as a spinning top it must not only have long wicks, but must have ...

5Min Intraday System

Great analysis — Hi Ad Great analysis of the chart - see a few more comments from my side. Sorry about the RSI - not interested, but maybe somebody else is? My opinion about this system: 1. A lot of tradeable setups but not all are profitable. ...

5Min Intraday System

No — Hi Df No, to me it is all about price action. But usually (if I am not sure about the setup) I'll wait for the candle to close. A lot of things can happen in the last minute before the close of a 5min candle. Especially when it is the ...

5Min Intraday System

Comments on chart — Hi Adrian See my comments on your chart. I ALWAYS look to the left on my chart before I enter a trade. That is why I do have green dotted line on my chart indicated significant levels (where price previous reacted with some ...

5Min Intraday System

"bad" trade — A bad entry, luckily not a bad trade. I just entered my TP on my trade when somebody walked into my office. Didn't have time to enter my SL just below big round number (1.2300). Should have been a negative trade. So ...

5Min Intraday System

Intra-day system — Hi Adrian Yes, I did change the system a bit to suite my style of trading: 1.TP/SL - yes, my opinion: setting the TP/SL will depend on each setup but it is better to stay with the 10pips TP suggested by Phillip (look at what ...

5Min Intraday System

Outcome — And the outcome - just to show you how improtant it is not the trade the indicators but look at what the price is telling you. It was bearish candles all the way down through the war zone with no signs of support found in green ...

5Min Intraday System

Live chart — It is always very easy to comment on a "full" chart but how about a "live chart showing the setup as it develops. This is a setup I watched but decided to leave it alone. Very nice signals (4 of them) but once again - look at the ...

5Min Intraday System

Trade early today for 4pips — A trade of mine today to show people how to get out of a trade when you don't feel comfortable with it. My main reason was the false breakout to the downside, pullback into the early day channel and then a ...

5Min Intraday System

TP & SL — Hi M My SL would be the red line just above the significant level and 21MA. My TP wouldbe the light green area - just above the tail of the last swing low. Not the end of the tail because the tail was testing the level and price ...

5Min Intraday System

Precisely — Hi Fxt That is what you want to trade - the trending market. Usually you'll get burn trying to trade the range bound market. And that is where members do lose interest in this system. Like I said before, this is a 5min time frame ...

5Min Intraday System

Not sure — Hi Mike I am not sure which chart you are refering to.

5Min Intraday System

Part of a pm to fellow member — I just want to share a part of my message to a fellow member - just to indicate to members my approach lately: "I also do use candle patterns such as pinbar or double tops/bottoms or triangles or 3 little ...

5Min Intraday System

Not sure — Dear Beh I am not sure why you ask this question (any reason for your question?) but if you look at the chart I've posted on my response to Mike's trade, I am sure it is the latest chart of the 5min EURO - June 11, 2010 just before ...

5Min Intraday System

Another two examples — Another two examples

5Min Intraday System

3rd sister — I am sure some of you have recognised the 3 little sisters pattern on the above-mentioned chart as well. Enjoy the trading

5Min Intraday System

Bouncing off - yes but???? — Hi Mike Great trade and I am sure you did enjoy it. To me, this system is still alive and it works well if you do have the patience and wait for the high probability setup. This is where I played around with the ...

5Min Intraday System

Not possible - repetition — Hi W Sorry but it is not possible to explain the system in one post. That is why I asked Phillip to post the links to all the most important posts on page 1. My advise is: 1. If you are new to trading, I would ...

5Min Intraday System