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Golfer replied Sep 24, 2008This time a TC but not smooth — Another trade - on the TC but it was not a smooth TC. The higher lows worried me but then there was a break. 10pips profit.
5Min Intraday System
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Golfer replied Sep 24, 2008Quick 10pips - very risky, not according to rules — Just to show you a high risk trade for 10pips profit - is it really worth it?
5Min Intraday System
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Golfer replied Sep 24, 2008Moving in channels — Then I saw Cable is moving in channels today - not so easy trading this system in market conditions like this. You need to know what you are doing!!!
5Min Intraday System
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Golfer replied Sep 24, 2008Good decision — Good decision. I played golf this morning (public holiday in South Africa) and only had a look at the markets around 11H00gmt. And I didn't like what I see. I took 10pips on EY what I thought was a 3rd sister. Then I decided to ...
5Min Intraday System
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Golfer replied Sep 24, 2008Only when I test a system — Hi Dah No, I don't keep an Excell spread sheet of my trades on Phillip's 5min system. I only a spreadsheet when I am testing a system - like two other systems I am testing. That is until I decided that this system ...
5Min Intraday System
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Golfer replied Sep 23, 2008Ignored setup on Skype chat — [07:35:58 PM] Ryan says: pullback is shaping up nicely..not too steep [07:45:54 PM] Willem Kruger says: EUR - yes pullback looks nice [07:49:38 PM] Ryan says: power candle forming [07:50:16 PM] Willem Kruger says: ...
5Min Intraday System
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Golfer replied Sep 23, 2008Smooth round bottom — Pattern mentioned on Skype chat - meaning the candles are making constant higher lows. Smooth round bottom - as describe on Phillip's 4h MACD system, this time just on the chart and not on MACD. A negative signal for ...
5Min Intraday System
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Golfer replied Sep 23, 2008Agree — Today was a day for taking 10pips profit and be satisfied. It was a range bound market. Once a trend is in place, one can trade with trailing SL. But when can one say it is a trending market?????
5Min Intraday System
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Golfer replied Sep 23, 2008What to look for when a setup is developing — I saw this setup being developed and I started to follow it. I save a picture to show you people some signal (apart from the market rhythm) I am looking for while is setup is being developed. As ...
5Min Intraday System
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Golfer replied Sep 23, 2008Another example of a 3 little sisters trade — See comments on chart - this was also a triangle breakout, not indicated on chart because it will become to "busy".
5Min Intraday System
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Golfer replied Sep 23, 2008An example of taking only 10pips profit — An example of why I do take 10pips profit and be happy with it.
5Min Intraday System
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Golfer replied Sep 22, 2008Just had a Skype chat with Bs — Hi Nad I just had a Skype chat with Bs and I've just mentioned to him that I am currently concentrating to identify market rhythm and the proper high probability setup. I do see a lot of high probability setups ...
5Min Intraday System
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Golfer replied Sep 22, 2008Harami pattern — Yes, Bs I think this specific example of you is called a Bullish Harami pattern - however it usually appears at the end of a downtrend. I don't like big candles like that in pullbacks - I will be very careful once I see a big ...
5Min Intraday System
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Golfer replied Sep 22, 20083 big brothers — The 3 big brothers formation ?being formed as mentioned on Skype.
5Min Intraday System
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Golfer replied Sep 22, 2008Great trade — It looks like you do understand the system, price patterns and market rhythm. Nice trades and keep it up!!!
5Min Intraday System
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Golfer replied Sep 22, 20083 little sisters — Nice trade on the 3rd sister that found resistance on the 50MA. Hope you enjoyed it.
5Min Intraday System
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Golfer replied Sep 19, 2008EUR trade on demo mentioned on Skype — The setup and trade I mentioned on Skype - just to show you that not every setup works out prefectly. And how one cannot predict what the market is going to do. Just trade what you see and not what you ...
5Min Intraday System
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Golfer replied Sep 18, 2008Great eur trade — EUR - great one: 1. I also saw that pink line of yours where the previous resistance changed to support. Important signal to look for - take it on. 2. Nice triangle outbreak but no pullback otherwise you could have taken it ...
5Min Intraday System
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Golfer replied Sep 18, 2008You're welcome — Hi Sam Welcome to Phillip's trading family - not problem with the language. As long as we can understand your charts and reasoning. It is very important that you do comment on what you've seen on your charts and mentioned why ...
5Min Intraday System
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Golfer replied Sep 18, 2008Interesting question — Interesting question but then my success rate and your success rate won't be the same because we are individual traders with our own style. Look at Phillip's results a day or two ago but believe me, you won't get the ...
5Min Intraday System