How not to trade???? — Sorry - based on my analysis of the previous post. I wanted to show you people how not to trade - just an entry on a pullback towards the 21MA and touching the 21MA. I wanted you to show how you must wait (patience!!!!!) ...

5Min Intraday System

Read the charts and plan ahead — Just to show you people how I read my chart and anticipate what could happen. And be prepared to enter. I am waiting for the price to pullback (blue line) into the war zone and bounce off the previous support ...

5Min Intraday System

Much better rhythm — Much better rhythm on the EY - see my comments. I had about 4 trades within the black rectangle (C) (drawn within the triangle) using the support and resistance lines of the triangle (after I've identified the triangle)for ...

5Min Intraday System

Not easy but it looks easy afterwards — Hi Jin Yes, this chart is one of those...... It looks very easy to trade afterwards but believe me, it is not when you are live and following the markets. Just because of the speed of the market - very ...

5Min Intraday System

Not easy — Hi Sab Yes, it is not easy trading the markets during the past 3-4 months using this system. Like I said before, I am more careful now than every. I do see people taking trades and I am thinking by myself - I wouldn't have taken ...

5Min Intraday System

Rhythm — Now you do have some rhythm on Cable but the SMAangle on the 5min is not yet place. This is what I would like to see on chart. Now just for a nice price pattern and then...... Are you going to take the 1min on?

5Min Intraday System

Another setups I followed yesterday without an entry — Just another setup I've followed - just to show people what to look for. The orange circles - I do expect something to happen

5Min Intraday System

Trading the 1min charts — I've tried to trade the 1min chart after the NFP. Made 8pips on the EUR on the first pullback to the war zone but just look Cable. No way one can trade a chart like that. That was why I decided to exit the EUR or ...

5Min Intraday System

Answers — Hi Sal I only follow and trade 3 pairs at this stage (after following them for the past 2 years on this system): EUR$, GBP$ and EURJPY. I only study the other two pairs - $JPY and $CHF at this stage. Sometimes maybe the odd trade or ...

5Min Intraday System

Pleasure but I am not going to discuss the brokers and the spreads. There are enough threads for that. You need to decide for yourself and test it. I've studied my 3 pairs and I am trading only them as stipulated in this thread and I don't have any ...

5Min Intraday System

No problem - it is your opinion — Hi Bs Not to worry, I am just stressing the fact that this a trend following system so that the newbies should not be confused. Also I would like to encourage members rather to start new threads if they do ...

5Min Intraday System

Agree but not part of this system — I do agree and I do take some CT trades as well - espescially on the top/bottom of a move with some sort of signal present . But Phillip previously asked not to post CT trades here because it is not part of ...

5Min Intraday System

Live — Nowadays a rarely use demo accounts. I do have a live mini account and when I am testing a system which doesn't need large SL, I'll use only 0.01-0.03lots to enter. I'll only use a demo account if I need a large SL. But with this system ...

5Min Intraday System

IBFX — Hi Al My broker is InterbankFX and I do trade with a demo account for an "unlimited" time. You can also just close and open new demo accounts without any changes to your current MT4 platform. I hope it helps

5Min Intraday System

In the same situation — I am in the same situation with my full time job. I cannot take all the nice high probability setups. I only evaluate them afterwards and make notes of the signals, hopefully to recognise them in future (times that I ...

5Min Intraday System

Main concern - 4th pullback already — Hi AR Very nice signals on the chart with very nice market movements. But my concern is: "How long could it last?" Like Phillip suggested: Always try and catch the 2nd or 3rd pullback of a move. After ...

5Min Intraday System

My loss - timing of the entry — My trade (loss) 0n the EURO today. Just to show the people the importance of the timing of the entry. I've struggled to get filed at the correct price 1.2818 and only entered at 1.2814. If my entry was in the ...

5Min Intraday System

Follow up of previous chart — Info

5Min Intraday System

Latest version of MT4 — Hi Alan It happened to me as well with previous custom indicators and EAs. I was told it could happen if you download some EAs and use it on the MT4 platform that isn't the latest version. Please make sure you do have ...

The DIBS Method... No Free Lunch continues

Drawing the Small support lines — Just an example of drawing My Small support lines - chart 1. And a setup I followed but didn't enter because it became a high risk trade for me. Sorry Bs, I didn't look at the bigger picture and the 4h chart. ...

5Min Intraday System