Be careful — Be careful with the 3 big brothers. Make sure there is a higher high. Once I see a lower high like "A", I'll wait because I triangle could be formed. And was evident with the resistance level "C" found. Now I'll wait for a ...

5Min Intraday System

My 1st trade in weeks — Here is my first trade in weeks. I was just too busy at work and I saw this setup a few minutes before I had to go to a meeting. The reason for me early exit. I would have stayed with the trade if I had the time. Edit - ...

5Min Intraday System

2nd setup - a "go" for me — I would have gone for the 2nd setup (3rd sister) mentioned by you. Look at the Bearish 3 pattern been formed. I would have taken the 2nd TC marked on the chart because one has already the first 2 small ...

5Min Intraday System

My chart — I didn't trade on Friday because we left early on Friday for a weekend away. Just arrived home and looking at your chart: See how I would have drawn My Small support lines - three of them. Pullback A was used for my first line. ...

5Min Intraday System

My comments — Hi Bs Like I said in my previous post - lately, I do struggle to get a nice setup. My comment: A = in that rectangle you do expect a zero break but it didn't happen. Warning for me! B = it just continue in rectangle B below the ...

5Min Intraday System

Still practising — Up to now I didn't keep records of my trades - already discussed why a few pages ago on this thread. So I won't be able to give you stats. This week I increased my account and now it is down to serious trading - this 5min ...

5Min Intraday System

Nice third brother — Yet, that was a nice third brother with a TC. My TP would have been that double top formed earlier

5Min Intraday System

Don't know — I think you should go back into history (in the begining of this thread) and look how compiled/created the SMAangle indicator. Then send a PM to that member and ask him/her. I think that member is no more activate in this thread. ...

5Min Intraday System

Not trading the Asian session — That is why I don't like trading the Asian session - I got burned several times taking setup like this in the Asian sessions. I've learned my lession the hard way. To me, it seems like the Asian session just ...

5Min Intraday System

EUR today — No trades for me on EUR today. Lets look at the chart - A & B were the best options: A = Possible trade on the 4th big brother but I don't like the activities below the 21MA B = Church to right formation but the church building is ...

5Min Intraday System

Comments — See my comments on your chart. I see I do have a M3 pivot line on my chart at 1.7380 as well. I think it is just one of those trades that went the other way. Personally I won't have taken the setup because I don't see any price ...

5Min Intraday System

No rhythm - what I called Small Intra-day movements (SIDMOVs) — Now this is what I called SIDMOVs where there are areas of consolidation and no market rhythm.

5Min Intraday System

AN example on EY — One type of market rhythm on EY - resistance found on 50MA with nice wave-like movements. Some lower highs and lower lows.

5Min Intraday System

Lets here from him — I do have my opinion but lets here from Phillip himself. What I would like to see is the 3 little sisters or big brother pattern meaning there is a nice rhythm. Lower higher and lower lows with smooth rounding, small ...

5Min Intraday System

Look at my broker's chart at closure — Here is my broker's chart at closure - much earlier than your. Another reason why one can get a gap on Sunday opening. Last comment on your two EUR trades: Very seldom/almost never will I allow a 5min ...

5Min Intraday System

Great setup — See my comments on your chart - it was late on Friday afternoon, a no-go for me even though it was a great setup but good luck.

5Min Intraday System

Outcome of triangle — The outcome of that triangle - breakout to the down side.

5Min Intraday System

Triangle trades — Two trades I've done on a triangle formation BEFORE a breakout. The EY is in a bearish mode for the past week - so it is risky to take long trades. Another reason why I took my profit early. This was not really a rhythm trade ...

5Min Intraday System

These kind of setups I want to ignore — I don't know if fellow traders/Phillip will agree but these are the setups I want to ignore even though it gave 10pips+ profit. I gave reasons on the chart for not getting involved in that setup - like I ...

5Min Intraday System

Stay with the rules — Yes and stay with your rules. Also ensure that you look at the bigger picture to identify the rhythm of the market. Also to look for support and resistance levels.

5Min Intraday System