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Golfer replied Oct 20, 2008Phillip's comments and trade using the 4h rhythm — For those of you who don't follow Phillip's 4h market rhythm system: Listen to Phillip's mp3 file and see how he uses his 4h charts to determine market rhythm just to determine which setups to ...
5Min Intraday System
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Golfer replied Oct 20, 2008My comments — Well done - it had 10pips in it. I followed the same setup but didn't enter because of the triangle formation and the daily range. I just didn't feel comfortable with the setup - the constant higher lows for the previous daily ...
5Min Intraday System
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Golfer replied Oct 20, 2008Nice breakout earlier — Also a nice breakout earlier on your chart. ?Was it tradeable
5Min Intraday System
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Golfer replied Oct 20, 2008Too quick pullback after triangle breakout — You cannot catch them all - I did follow this setup and was prepared to enter. Then I lost my internet connection for a few minutes and I was too late for the entry. Chart 1 - a live chart just ...
5Min Intraday System
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Golfer replied Oct 20, 2008Looks like a nice setup — Just a few comments from my side. It looks like a 2-candle entry - a method I don't really like. I like to see a church building (area of support close to the war zone) of a few candle hopefully with a smooth rounding.
5Min Intraday System
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Golfer replied Oct 18, 2008My results since started trading seriously — My results as promised. As you can see, it is very hard to get rid of bad habits. I am still struggling to exit bad trades. I need to re-activate Yannis' EA so that I can exit bad trades earlier. ...
5Min Intraday System
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Golfer replied Oct 17, 2008Answers — Hi Sher Answers in your message in blue: Enjoy!!!
5Min Intraday System
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Golfer replied Oct 17, 2008Welcome — Hi Sher Welcome and I hope you will enjoy the interaction on the thread - very important to keep the thread alive and share each other's opinions. See my lines drawn on your chart. If I do see many Small support and resistance lines ...
5Min Intraday System
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Golfer replied Oct 17, 2008Agree — No problem regarding the third reason. That is just how I want to trade. If you feel comfortable with it, fine. I cannot and won't force a person to trade like me. You will never see/hear me telling a person what to do - I'll just tell ...
5Min Intraday System
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Golfer replied Oct 17, 2008Not all work out — Not all price patterns work out. The resistance level was just to strong and triangle was not nice. I liked the Bearish 3 which also didn't worked out. You are not going to win them all. This was my first negative trade in 3 ...
5Min Intraday System
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Golfer replied Oct 17, 2008My comments — 1. Agree with Mkain. 1. Did you consider the news release (CPI I think) at that time? If I do see a price pattern being formed 15-20min before a major news release, I'll be more careful than usual because even 5-10 before the ...
5Min Intraday System
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Golfer replied Oct 16, 2008?Start of triangle being formed — This is how I identify a possible triangle - I saw the setup on Cable and start to follow it. Was this the start of a downward movement after a few SIDMOVs? But it was just before the news release, so I sit ...
5Min Intraday System
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Golfer replied Oct 16, 2008My comments — I hope you do enjoy your pips - looks like you do understand the principles of this system. I can see you do look for high probability setups. Now take it to the next level and decide which high probability setups are you ...
5Min Intraday System
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Golfer replied Oct 15, 2008Pivot line — There was a pivot line in the way but I am sure I would have taken the trade. SMooth turn around. The two tails are warning siganls.
5Min Intraday System
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Golfer replied Oct 14, 2008My trade for a few pips — My trade for a few pips - I entered before the TC was formed because I liked the smoothness of the setup (ellipse formation). I did the trade on my mobile phone - no pivot lines. Afterwards I saw the pivot line. Look ...
5Min Intraday System
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Golfer replied Oct 14, 2008My comments — Hi Bs My comments on your chart. I am not familiar with that pair and I don't have the chart to compare what I do have. I am just giving my opinion on what I see. However, it looks like your trade was in line with the 4H system ...
5Min Intraday System
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Golfer replied Oct 14, 2008Triangle breakout — A triangle breakout which I couldn't get an entry - pullback didn't "last" long enough. I would love to see a deepr pullback formed by about two more candles.
5Min Intraday System
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Golfer replied Oct 14, 2008Setups I'll ignore — Just an example of a pullback/setup I'll ignore immediately and go on to the next chart or go and do something else. Look at the candles within the rectangle and look at the MACD below it. No pattern whatsoever.
5Min Intraday System
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Golfer replied Oct 14, 2008Great one — Nice setup - so easy when the price patterns play along. My TP would have been the previous high. I don't need to say anything more - I am sure the setup was calling you and you didn't look for this setup.
5Min Intraday System
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Golfer replied Oct 13, 2008Read the chart and a high risk trade — Reading the charts and a high risk trade for 5pips. So nice to read the signs on the chart but very frustrating if one cannot maintain the same level of discipline. This trade was not on!!!!!
5Min Intraday System