- Search Energy EXCH
-
Golfer replied Aug 20, 2008Agree with Mkain — I do agree with Mkain - use divergence as an add but concentrate on price actions and rhythm. I am not sure I do understand your divergence on the Swissy - maybe I am confused with the triangle lines and the divergence lines.
5Min Intraday System
-
Golfer replied Aug 20, 2008Cable, Bearish 3 and 10pips — My charts of Cable and my 10pips after a breakout of the Bearish 3 pattern. Like I said - I like to look for and trade the price patterns with Phillip's system. Just make more sense to me than taking any pullback ...
5Min Intraday System
-
Golfer replied Aug 20, 2008Many more to come — Ni Nec Well done and many more to come with necessary discipline and patience.
5Min Intraday System
-
Golfer replied Aug 20, 2008Too early entry — Just one comment - be careful when the 21 is still in the non-trade zone. I do have a habit to draw lines on the TC. Only the 3rd TC was formed after the 21 has left the non-trade zone. I know some people has abounded the ...
5Min Intraday System
-
Golfer replied Aug 19, 2008Appendix C of My Rules on page 1 — Yes, 1 min charts are part of this system - no problem. Almost all the rules stay the same. Please look through Appendix C of My Rules where we described using the 1min chart in this system. With examples. ...
5Min Intraday System
-
Golfer replied Aug 19, 20081min - correct — Correct - very difficult to enter on the 5min chart (no entry according to the rules) if the market is moving fast like today. And then you can change to the 1 min chart. Today it gave nice signals on the 1min chart. Sometimes ...
5Min Intraday System
-
Golfer replied Aug 19, 2008Enjoy it — I hope you enjoy the golf. I won't be able to play for 2 weeks because I am off to do a bicycle trip from Passau to Budapest. I hope I don't get withdraw symptoms. Play a few rounds for me as well.
5Min Intraday System
-
Golfer replied Aug 19, 2008Too early entry — Yes, it was almost a bearish 3 pattern (not a bullish 3). Look on page 1 for links to some posts with examples. It is a big down candle followed by 3 small candles which highs and lows are within the boundries (high & low of ...
5Min Intraday System
-
Golfer replied Aug 19, 2008Patience - wait for price patterns — An example of a triangle breakout - my entry was too late - that was why I exit for 5pips. This was a great setup even though 21 was still in non-trade zone. 1st entry could have been the breakout candle ...
5Min Intraday System
-
Golfer replied Aug 19, 2008Another example — Then another setup appeared - after this one failed as well one must realise that it is all SIDMOV today. So be very careful. Now I'll wait for the US session to open - hopefully we can get direction. This one I didn't take.
5Min Intraday System
-
Golfer replied Aug 19, 2008My chart as promised — My trade and what I saw: No power candle. No real zero break on MACD. No price pattern except the 3 lower highs - very nice going below the S1 line. O well, lets try again. Come on people, lets have some interaction. Any ...
5Min Intraday System
-
Golfer replied Aug 19, 2008Had the same loss — Hi More I entered the same trade and lost 15pips. My 2nd trade for the week. Now you know I must feel - minie is a live account. I saved my chart to be posted later. Don't feel bad - this is not a perfect system.
5Min Intraday System
-
Golfer replied Aug 19, 2008Nobody wants to comment? — Hi Seyi I see nobody wants to comment on your chart - so here are my comments: 1. The Swissy is not one of my pairs (that I am following), so I am not familiar with it. So I was hoping somebody else would comment. 2. ...
5Min Intraday System
-
Golfer replied Aug 18, 2008EUR triangle mentioned on SKype — The triangle mentioned on Skype, pressure form buyers (Mkain's observation) and the breakout. Signals to look for but 21 was in non-trade zone. Just an example what to look for.
5Min Intraday System
-
Golfer replied Aug 17, 2008Entry was too late — It looks like your entry was too late. There was nothing wrong with the setup - maybe just too steep pullback. One or two big bearish candles in the pullback could have been a negative signal.
5Min Intraday System
-
Golfer replied Aug 17, 2008Great setup - too late on Friday — Yes, great setup but it was just too late for me on a Friday. I wasn't looking at the charts at that stage. Well spotted.
5Min Intraday System
-
Golfer replied Aug 15, 2008Well done — Hi Tony Seems like you and me have the same eye for a setup. I posted my chart and then afterwards I saw your chart. I've just highlighted the TCs on the charts. Yes, once get a feel for this system, it is very nice and you can get ...
5Min Intraday System
-
Golfer replied Aug 15, 2008Great 3 little sisters — I haven't see such a nice 3 little sisters formation in a long time. I marked the entry and exit points with the "price labels". Entry was 1 candle before the zero break occurs. But like I said, this is where I'll ...
5Min Intraday System
-
Golfer replied Aug 15, 2008Nice one — Great trade - I am sure you did enjoy that one!
5Min Intraday System
-
Golfer replied Aug 15, 2008ADX — Hi King I am not going to discuss the ADX - there are free website out there that can do a better job than me. See the attached post for the explanation of the multi-time frame ADX indicator. I hope it is clear.
5Min Intraday System