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    • Golfer replied Dec 11, 2008

      Welcome — Hi Gunther Welcome to this system. 1. No, I don't use a fix SL anymore. Especially in these markets. It depends on the setup. Sometimes it depends on the where the 21MA/war zone is. 2. Once again, no. I don't like to let my profit ...

      5Min Intraday System
    • Golfer replied Dec 11, 2008

      ?risky — Looks like a risky trade - no real price pattern but I cannot really see which pair it is - looks like the swissy if I am not mistaken. In the last few days she is trending very nice - therefore nice trade of yours. I am starting to ...

      5Min Intraday System
    • Golfer replied Dec 10, 2008

      Yes — My chart and I do agree with Mkain as usual because this is what this system is all about (recognise familiar price actions/patterns/movements and trade only them). And the question marks - resistance found (lower highs - then look for a ...

      5Min Intraday System
    • Golfer replied Dec 10, 2008

      Was watching the same setup — I was watching the same setup but didn't enter because I didn't like the setup - almost a classic 2-candle entry method. Straigth up and down. I started to ignore those setups. No price pattern. Looks like a ...

      5Min Intraday System
    • Golfer replied Dec 9, 2008

      What this system is all about — I like your last sentence - that is precisely what this system is all about: Trading patterns/pullback that your are familiar with or that you've seen before. If you stay with this system, you'll start to see ...

      5Min Intraday System
    • Golfer replied Dec 9, 2008

      Setup I've missed — The setup on Cable I've missed - I was just opening a market order when the price started to run downward. And I don't believe in a "late entry" - so I let it go and saved the picture. What a nice setup - Bshadroo, ...

      5Min Intraday System
    • Golfer replied Dec 9, 2008

      No, I don't wait — Hi Bs No, I don't wait for a re-tracement of the price after the signal candle. Especially after a nice smooth rounding like this. I'll enter immediately on the opening of the next candle or a few seconds before the close of ...

      5Min Intraday System
    • Golfer replied Dec 8, 2008

      Nothing wrong — Nothing wrong with first trade - going for the 3rd/4th sister. Trading off the 50MA is not that easy. Your entry was maybe a bit too early - I like to see resistance found on the 50MA or My Small resistance line. ?Your entry ...

      5Min Intraday System
    • Golfer replied Dec 8, 2008

      Took the same one — Took the same trade allthough the SMAangle (50MA was not yet going down by 20 degrees) was not yet in line. It was "touch and go". I just liked the formation on the triangle - I even save a picture of the early formation of ...

      5Min Intraday System
    • Golfer replied Dec 7, 2008

      Page 1 — Hi Mc Welcome to the thread and I hope it is helping you to improve YOUR trading. Because that is what Phillip achieved with me and now I just want to give back. So that you can identify and develop your style of trading. Yes, I've ...

      5Min Intraday System
    • Golfer replied Dec 4, 2008

      Do get days like today — Hi Sanj I was also a news trader in the past but nowadays I try to pass the news releases. And today - no trades for me. I just couldn't see a setup I like. So I let the setups passed. If I don't feel like trading (too ...

      5Min Intraday System