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Golfer replied Nov 10, 2008Which one doesn't have bad stories? — Please tell me which broker doesn't have "bad stories". Yes, I am sure they all do have their bad stories. I cannot really complain at this stage. They do have their ups and downs. I am sure every broker ...
5Min Intraday System
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Golfer replied Nov 10, 2008Sure — Interbankfx but there are lots of other brokers out there.
5Min Intraday System
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Golfer replied Nov 10, 2008Pennant — Another setup I followed realier to today, then I saw the pennant (small symmetrical triangle) and that means a breakout is about to happen indicated by my blue and red line. Very risky for me just to take the next TC for a long ...
5Min Intraday System
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Golfer replied Nov 10, 2008Pleasure — Hi p My pleasure - looking forward to see your charts and giving you advice to ensure that you do understand the system. It is not easy to give theoretical information without using examples. Please feel free to post a few charts ...
5Min Intraday System
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Golfer replied Nov 10, 2008Started very small — Hi Tar I started very small - trading with 0.01 lots just to get the feeling for trading with real money. Currently I am trying to risk 1.5% to 2% of my capital per trade. I do have a spreadsheet working out my risks - not ...
5Min Intraday System
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Golfer replied Nov 9, 2008My comments — Hi P See my comments in your message: [COLOR=blue]I would suggest that you work through the links posted on 1st page and then post a few charts indicating your entry and what you've seen on your chart. Much easier for us to ...
5Min Intraday System
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Golfer replied Nov 9, 2008Another example of a flag in Jan — Very interesting to compare this chart with the one previously posted with the flag pattern. A good week's trading to all of you!
5Min Intraday System
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Golfer replied Nov 9, 2008Agree — Hi Tar I do agree - but according to Phillip's orginal rules, one should have 2-3 trades per day with this system. There are only a limited number of high probability setups in a day - definitely not up to 8 trades a day like I am ...
5Min Intraday System
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Golfer replied Nov 9, 2008Question from a member — Latest vesion of this system - answer to a member's pm: All the links are still on page 1 of the thread. Latest additions to the system are: 1. TC on MACD (same as being used on Phillip's 4h MACD system) 2. Power ...
5Min Intraday System
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Golfer replied Nov 9, 2008Flag and smooth rounding — Still playing around with price patterns and studying this system after hours to get more experience/skilled in this system. One should never stop learning! Very interesting chart I came across while looking for ...
5Min Intraday System
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Golfer replied Nov 9, 2008Usage of price pattern — Just an example how to use price patterns: I came across a video on the internet regarding triangle with the following comment: "One can expect the breakout to have the same range as the start of the price pattern". I ...
5Min Intraday System
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Golfer replied Nov 9, 2008Agree - too many trades — [quote=Morelands;2335986] Hi Raymond Yes, 40 trades per week is way too many. I still take too many risky trades. I also have limited time to trade - the reason for taking too many risky trades. I usually do have ...
5Min Intraday System
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Golfer replied Nov 7, 2008Number of trades for the week — Just done my calculation for my trades based on this system for the week: 40 trades: 8 negative 4 BE 28 positive Hope it answer your answer. Yes, still with the mini account - with another EA I increased my ...
5Min Intraday System
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Golfer replied Nov 7, 2008Not sure what you mean — Hi Tar See my comments in your message: I am still only trading EUR$, Cable and EURJPY. It is very interesting to see the styles of some of the members and starting to recognise them. It means that some of the members ...
5Min Intraday System
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Golfer replied Nov 7, 2008Getting brave — Getting brave? Taking on a setup when the 50MA is not yet in line. Nice to have 10pips in the bag this time.
5Min Intraday System
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Golfer replied Nov 7, 2008Comment — Nice 4 big brothers bouncing off your small support line. I defintely won't take the next setup/pullback into the war zone (long) after those 2 nasty tails at the end.
5Min Intraday System
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Golfer replied Nov 7, 2008I also did — Hi Bs I also took the setup and got out BE. Initially I liked the smooth rounding and support on 10MA. That is what I saw on my chart - my decision to exit at BE. I just didn't like the setup because of my comments on the chart.
5Min Intraday System
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Golfer replied Nov 7, 2008Agree — Hi Xaron I do agree - that was why I've tried my hand during the NY session and even later than I usually trade. Just too risky for me nowadays trading during rate decisions. I didn't even look at the 1min chart yesterday. Maybe Bs did.
5Min Intraday System
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Golfer replied Nov 7, 2008The same here — Hi Raymond I do have the problem - I do see lots of set-ups while I am at work but I don't take them because I like to follow my trades live. With the five minutes system anything can happen and you need to follow your trade ...
5Min Intraday System