Nice analysis — Hi Yu Not bad at all - well done. Nice tendlines, and seems like you are getting the hang of it. This is what price action is all about - price reacting to certain levels to form resistance/support/trendlines. I did send you a ...

5Min Intraday System

Price actions — Nice trade. Also not an expert - just a comment of two about price actions as I see you comment on the engulfing candle and the trend line. I like to look for support turning into resistance - a nice signal to use. Just ignore ...

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Nice ride — Yes, Bs. Nice ride. I had to catch a plane and couldn't follow the trade. My SL was too close and was triggered too early. Well done - Friday's NFP was a nice tradeable one, other than the previous months.

5Min Intraday System

Depends on the waves/momentum — Hi Yu It depends on the movements/waves by the market. I usually look at the movements in relationship to the three moving averages (10, 21 and 50)starting with the 1min chart and then later change to the 5min ...

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Still using principles — Just to show that I am still using the principles of this system. Very nice principles to have in your trading strategy. Even if you don't trade the system as originally proposed by Phillip. Trade after the NFP and ...

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Not a problem — Aaa, then I am not worried because I know you will understand what I am trying to say. I am trying to use the market rhythm rules of the 4h MACD system to determine the direction for my trades but just remember it is not always ...

5Min Intraday System

Concentrate on price actions — Hi B While you are studying this method, please don't mistake I made earlier. Just a piece of advice: Don't trade the indicators - trade the price action and market rhythm and use the indicators as confirmation ...

5Min Intraday System

Post #4456 — Hi B It was posted on post number 4456 of this thread. url You can also do a search on "Yannis" using the "forums" option in your search to see what other people are thinking about/doing with the EA. I hope it helps you.

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Yes, it works well — Hi B Yes, I did use it for a while. And it works very well. Then Yannis introduced me to his EA and I am using it every since. Both are equally good depending on your needs.

5Min Intraday System

My Rules — I already summarised the SMAangle with the 21 on it and how I use it in My rules. You can just go and have a look look at the examples of my trades posted. The links are posted on page 1 - and I've put many links to highlight all ...

5Min Intraday System

Great — Yes, this is the kind of price actions what I am looking for. Great analysis - hopefully you waited for a breakout, made sure it is not a false breakout, entered on a pullback and a bounce of the support/resistance level of the ...

5Min Intraday System

Cannot help — Sorry but I cannot help you. Had a few requests to assist members to build their charts but it is difficult. That is why I posted the indicators and template (as mentioned on my signature). If all the indicators and template are ...

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My comments — I am not familiar with this pair but just a few comments - just ignore the two dark purple indicators. I don't really like activities on the wrong side on the 21 Always look to your left for additional signals - the candles will ...

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Last day or two — The results of my last day or two using price actions, this system's principles and some of Phillip's other systems. Just to show you you don't need to catch all the big moves. Just discipline and concentration.

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Well done — Hi Art Well done and don't worry about pips left on the table. Also - look at how support is turning into resistance. I saw you have a line drawn there. Nice. Pips left on the table - I am pratising trading the price actions as ...

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Hi Y Yes, my entry is where you see "Sell" in the left hand side of the chart. My TP is down at the very bottom of my chart (not the solid black line) and my SL is in the channel above the high of the sister. That is why the entry near the channel ...

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A pratical example as always — Hi Pete A practical example as always - I trade I took this morning. A nice move after my entry for about 15pips. My aim was for about 25 tot 30pips profit. then the price starting to move up again. Exit or ...

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Still here — Yes, Raymond, I am still here and using the principles of this system. On your chart there was also a 3 little sisters for the taking. The 3rd sister's entry could have been ob the TC or when that small support area was broken. ...

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Sometimes I do get out — Hi P Yes, it is not nice picture to see when the profits are getting less and less. It all depends on where and when it is taking place. If it is a long trade and it is near previous resistance area, I'll exit while ...

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Still my 3 pairs — I am still trading only my 3 pairs: EURO, Cable and EurJpy as Phillip suggested (stay with 1-2 pairs). Thanks for the link - it is described by John Ross and he has his own website. I do receive his weekly newletter for some ...

5Min Intraday System