Too bad about the tail — Bs, too bad about the SL. I liked the lower highs just before your entry. Those nasty tails especially when one's entry is a bit in no-man's land (little bit away from war zone). That is why I'll enter on a triangle ...

5Min Intraday System

Another before and after chart — Interesting development during the holiday period on EUR - something to think about. Once again (feels so boring lately), these are the signals I am looking for. Looking at the bigger picture - like Bs is also ...

5Min Intraday System

Something interesting? — I saw it is just the three of us posting something here, thanks for supporting Phillip and his system. So, how about something interesting? Nice Elliott waves today on Cable. Even 'n nice small 5 wave pattern within ...

5Min Intraday System

Formation of a triangle — We tend to post only "after" charts. How about this one? What it looks like when a triangle is being formed.

5Min Intraday System

Goal achieved — Once again last week's goal was achieved (even with the holidays). Total of 50pips profit. I was very conservative and closed my trades very early Total trades: 10 Positive trades: 9 Negative trades: 1 BE trades: 0 %pos trades: ...

5Min Intraday System

Agree — I agree but sometimes I do take the risk on but it is not recommended.

5Min Intraday System

A few nice setups on Cable today — Info

5Min Intraday System

Nice use of the 1min chart — Nice use of the 1min chart - see my comments on the chart. I would have taken the breakout of the small pennant (within the war zone)as well even though there wasn't a TC formed. I do see the pennant formation as ...

5Min Intraday System

Watching the same setup but didn't enter — See my charts

5Min Intraday System

More realistic outcome — My outcome for last week - just to show you people what can be done with this system if one has the patience and discipline: Total trades: 10 Pos trades: 9 Neg trades: 1 %pos trades: 90% Total Pips made: 151pips (and ...

5Min Intraday System

Market Rhythm — I think this is what Bs is trying to say and my inputs regarding market rhythm. I watched the market moving in the channel and 1 or 2 small trades within the channel. But I am making a mental note of this channel. I'll trade it ...

5Min Intraday System

I DO AGREE — I do agree, we tend to focus too much on the indicators. Just remember they are lagging - especially on a short term chart like the 5min. I've sent pm to Raymond trying to motivate him to look at the market rhythm and then the ...

5Min Intraday System

Moved against you — Once again - not really a wrong trade. I think I would ahve taken it as well because of that 3 lower highs. Then market moved against you. Very volatile market conditions!!!! Just a few comments on the chart.

5Min Intraday System

Comments — I want to comment on the second chart because in the past I had several trades like that and I got very upset. After talking to Phillip about trades like that he suggested: 1. Trading the TC on the MACD 2. Be careful if there are ...

5Min Intraday System

Reverse SHS - no breakout upwards — Info

5Min Intraday System

No, please. — Hi Bs No, don't be mistaken - not your teacher please (LOL). We are both here to learn. If you need to know anything about public health, then I'll teach you. Unfortunately there are just a few of us left - so, not much to learn ...

5Min Intraday System

VERY volatile market conditions during NY session — Very volatile market conditions today during the NY session. Even the EURGBP went for 190pips. Normally that pair moves 30-50pips during this session. Your SL must be very big for market ...

5Min Intraday System

TC with power candle trade — My EY trade based on the tails, the TC formation and power candle alone - no other price pattern. I didn't like the pullback - so I decide to take only 15pips profit and didn't push my luck too far.

5Min Intraday System

Great one — Great one - I wasn't in front of my PC with that move. One of the few times that taking half profit and let the other half/profits run, worked out. Unfortunately no one can predict when. Yes, I tested the EA on a demo account first ...

5Min Intraday System

No, you didn't get lucky. It was a third sister and the trade was on. It was just my personal opinion and how I felt about that setup. I will pass on many good setups just because there maybe a signal I just don't like. Other members may take it and ...

5Min Intraday System