Nice setups today!!! — Info

5Min Intraday System

Another example of setup being formed — Great pennant formation - I missed it because I got distracted. See why one needs to have full concentration on the charts once you've identified a possible price pattern. Don't let anything distract you ...

5Min Intraday System

NFP 1min trade — This was one of the better setups after a NFP release. See my comments on the chart. Current - still in with half my position with SL on S1 line (1.3555). From now on I am using the 10MA to trail my SL. Edit 1: 2nd half ...

5Min Intraday System

Watching the same setup but didn't enter — Great one - I was waiting for the news, didn't enter. Then got busy with something else. This is what I saw.

5Min Intraday System

Another setup in process — All my negative signals are in red and positive signals are in green. All the signals were already addressed in this thread, nothing new - I hope it is clear. Just to show you people what I am looking for when a ...

5Min Intraday System

Cable trade for today — Info

5Min Intraday System

Pictures of setups as they develop — What about pictures of setups as they develop. Then people can see how difficult it is to make a decision. Like I always said - it is very easy to identify a great setup afterwards. Look at the 2 charts.

5Min Intraday System

Same mistake — I made the same mistake in my early days using this system. That is why nowadays I like to use and trade price patterns which are in line with the rules of this systemand market rhythm. It comes with experience, training and ...

5Min Intraday System

No — I do have two live accounts, InterbankFX and Fxpro.com, and I don't have a spike on either on them. Sorry for that - maybe you should ask your broker for an explanation

5Min Intraday System

Festive season madness — I think it is festive season madness. It happen with the EURGBP a few days ago as well. Like I mentioned earlier in this thread - a move of 310pips in a space of 6h in that pair. Never seen it on that pair before. ...

5Min Intraday System

Yes — Yes, and from Phillip's 4h MACD thread. There are a few written docs on that thread regarding market rhythm. Time - for me and this system, it is not a calculation. For me it is a visual effect on the chart. That is what makes this ...

5Min Intraday System

Watched but didn't enter — I also followed the setup but didn't take it - mainly because of the long downtrend already. Also look at the time of the day. Always be careful near the opening of the NY session. Markets tend to turn around. Some ...

5Min Intraday System

No, I do usually trade — No, I don't usually trade (this method) after a pair had a run like EUR had earlier today. I like to catch the 2nd or 3rd pullback of a small intra-day trend/move. BUT sometimes you do get a nice price pattern and I'll ...

5Min Intraday System

Last week results — Last week results - very short week: Total trades: 10 Positive trades: 8 Negative trades 2 BE trades: 0 %pos trades: 80% Total pips: 34 Not to bad for a difficult, short week.

5Min Intraday System

Welcome — Hi Phely Welcome and I hope you'll enjoy this system on a live account Your question: My style - it depends on the type of triangle and the market conditions/rhythm. Sometime I do enter on the breakout and sometimes I do entry on the ...

5Min Intraday System

Great begining for 2009 — Hi San Nice breakout trade and I agree with you - take the profits when it is on the table. Never know when the markets will turn around. Great begining for 2009 - keep it up and keep going.

5Min Intraday System

Best wishes for 2009 — All the best for 2009 for all the members posting/visiting this thread. May we all have a pip-full 2009.

5Min Intraday System

Agree — I do second Raymond's opinion but I do love to see how Md is taking pips off the table. wELL DONE!!! Yes, it can be done with this system, patience and discipline. And wow, now I understand why people suggested "not to trade during ...

5Min Intraday System

Took EUR for 15pips — I took the EUR down for 15pips. I've just opened my platform while sitting at the airport when I saw the strong move down (along with EURGBP) as well the gravestone doji and the TC. Decided to TP just above big number @ ...

5Min Intraday System

Lower highs — I usually keep my eye on the highs of the candles. If it continues to make lower highs (like in this case), I'll stay in the trade. As well as looking what the price is doing near support and resistance (like you've mentioned).

5Min Intraday System