Page 1 — Please look on page 1 for all the important posts re: this system. Then study the charts and try to make sense of what was posted. Then start posting some charts for comments to see if you are on the right track. You can only success ...

5Min Intraday System

Yes — Hi H Yes, just below the trendlines. Please study the rules of this system for some entry criteria.

5Min Intraday System

Nice market rhythm — While I was busy with a fellow member on Skype discussing this system and my approach, I saw the setups developing on EURO - great for this system (small intra-day trending conditions). Also to show Arm how I draw my ...

5Min Intraday System

Sure — Hi A Sure, just pm me with your email address or Skype me via IM (whk139) and I'll send you the "EA"

5Min Intraday System

Yes — Hi A Yes, I've already tried with some free software available from a broker. But I just used the EMAs because I wasn't sure how to import the other indicators. The EA triggers the trade when the price enters the war zone. It worked well ...

5Min Intraday System

Moving away from trading the indicators — As you can see, I am moving away from trading the indicators and rather trading the price actions using the indicators as confirmation. Trade with what you feel comfortable with but be successful. Just ...

5Min Intraday System

Then the candle formations — And then the price actions/candle formations near significant levels forming the setups.

5Min Intraday System

EJ examples — Another example of significant levels in this system on the EJ.

5Min Intraday System

And the setups — I would have taken setup a & b and would have ignored setup c based on price action near significant levels. Just look at how I traded the price action while I looked at only the EMAs and not the MACD. I haven't even used my ...

5Min Intraday System

Example of Friday - drawing significant levels — An example of how I draw my horizontal significant levels using swing highs and lows (waves). Green = support found Red = resistance found Look at how often the price tend to turn (intra-day) at ...

5Min Intraday System

Great one — Great trade - I also would have traded the pinbar because it showed support near significant level. That is how I've adapted Phillip system to suit my style of trading.

5Min Intraday System

My answer to a pm I received — I did receive a pm this week from a member and I would like to share my answer with all of you: A section from the pm - a question directed to me: "The proccess to follow is to check the EMA's are right, then ...

5Min Intraday System

Horizontal significant levels — This is a simple example with what I mean with drawing a horizontal line through swing highs and lows. Now I do have a significant level around that green line and I'll look at how the price will react when it ...

5Min Intraday System

3 little sisters with 3 big brothers = triangle forming — Just to show members the actual 3 little sisters (in green). Then look at the higher lows being formed (3 big brothers). If you do get the 3 little sisters with 3 big brothers, be ...

5Min Intraday System

Perfect — Great example. I do like when support turned into resistance. Once the resistance (what I call "significant levels") is broken, you can start looking for a possible long setup.

5Min Intraday System

Yes — Hi Xe Yes, defintely. I do use the very same principles on the 15min chart but not with the MAs. I do use the principles in another system.

5Min Intraday System

No indicators used — As you can see, I didn't even refer to the other indicators on my chart. It is all about price actions around significant levels. So, if you want to develop an indicator, it is up to you. I just don't like indicators ...

5Min Intraday System

Another example/s where support turned into resistance and both trades gave 10pips profit

5Min Intraday System

Hi A If it works for you, well, go for it. Once again, I am not an indicator lover and currently I do concentrate more on price actions. That is why I do (lately) look for signs of support/resistance near previous support/resistance levels. That is ...

5Min Intraday System

Hi Xel Just my personal opinion - I do start looking at a trend from an intra-day(or even the previous days') swing high or low Hope it make sense.

5Min Intraday System