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Golfer replied Dec 2, 2008Classic 2-candle entry — No, it is not really a Reverse chuch because we don't have flat area (church building). It is defintely a 3 little sisters formation with a classic 2-candle entry. For Bs, it is a nice tail but not really a pinbar ...
5Min Intraday System
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Golfer replied Dec 2, 2008Perfect — Yes, nice one. If the triangle is that prominent, I also don't wait for a pullback but enter on the breakout. Did you see the SHS (head and shoulders) formation being formed? That is why I wouldn't consider taking (long trade) the ...
5Min Intraday System
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Golfer replied Dec 2, 2008Triangle breakout trade — My triangle breakout trade on EY for 12pips.
5Min Intraday System
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Golfer replied Dec 2, 2008Nice pennant trade for 10pips — A pennant breakout trade for 10pips - didn't wait for the pullback.
5Min Intraday System
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Golfer replied Dec 2, 2008No-go setup for me — I saw this setup and decided it is not me.
5Min Intraday System
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Golfer replied Dec 1, 2008Quick trade for 10pips — Nice triangle being build - just too late in the day for me but I just couldn't resist the temptation to take 10pips profit. These are the types of setups I am looking for during the London and early NY sessions. Not ...
5Min Intraday System
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Golfer replied Dec 1, 2008perfect — Perfect, I do have the very same lines drawn. Now I am waiting for a breakout - hopefully to the downside following the EY and Cable's fall. I've missed the 3rd little sister in that triangle just below the 50MA - was very tradeable!
5Min Intraday System
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Golfer replied Nov 30, 2008Same personality — Willem, Stupid eh? Don't worry...no hard feeling here. I just know I'm about at the place you were 2-3 years ago. At this point, I'm just trying to not lose a lot of $. I'm not the most patient person in the world, but I'm ...
5Min Intraday System
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Golfer replied Nov 28, 2008If it is working for you — Hi BS No problem for me. If it working for you,go ahead. It is like the price patterns for me. It helps me with the market rhythm and I do agree with Phillip. I still use the MACD but if I do see a nice price pattern ...
5Min Intraday System
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Golfer replied Nov 28, 2008Great one — Great one - I saw the setup developed but I had to go out and missed the trade. I also would have taken it.
5Min Intraday System
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Golfer replied Nov 28, 2008CT trading — Yes, thanks for posting it. That would be counter trend (CT) trading - which is not part of this system. It looks very tempting to take trades like that but it is not in the rules of Phillip's system. It also looks so easy but ...
5Min Intraday System
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Golfer replied Nov 27, 2008Wellcome — Wellcome and enjoy it. Please feel free to post some of your trades so that we can have a look at your reasoning.
5Min Intraday System
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Golfer replied Nov 27, 2008Comments - same for Raymond's chart — Hi Mx Wellcome back - long time no see. See my comments on your chart as well.
5Min Intraday System
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Golfer replied Nov 27, 2008Watched but didn't enter — Hi Ray I was watching the setup but didn't enter - just didn't like the rhythm, the candles were too big. See my comments on the chart - be careful and don't forget to look at the speed of the market
5Min Intraday System
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Golfer replied Nov 27, 2008Breakout for 20pips — A breakout trade I took for 20pips on Cable. I didn't wait for the pullback - just liek the setup and entered on the breakout.
5Min Intraday System
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Golfer replied Nov 26, 2008Classic 2-candle entry — It was a classic 2-candle entry setup with no really price pattern that I can see. Just a steep pullback and bounce off the 21MA. I do struggle with setups like that - I don't know if it will continue downwards after ...
5Min Intraday System
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Golfer replied Nov 26, 2008Ignore — Sorry Be, just ignore that buy stop. It is another 1h system I am testing out.
5Min Intraday System
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Golfer replied Nov 26, 2008Spreads are crazy — Yes, spreads are going crazy sometimes on InterbankFX nowadays. Lets hope it recovers soon. Otherwise I'll follow your advice.
5Min Intraday System
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Golfer replied Nov 26, 2008Don't worry — Don't worry, you'll get use to it (looking for patterns and the rhythm). In the beginning I struggled a lot but now it is better. But I still do miss a lot of them. Just keep practising!!!!! And keep your patience.
5Min Intraday System