Yes, all the additional indicators — Hi MJ My comments: I'm quite interested to merge part of this system with my current trading approach. That is what I would like to see. Don't be a copy cat but do what is working for you. Do I understand ...

5Min Intraday System

Speed of the market — Just an example of the speed of the market today. I just opened my trading platform when I saw this picture (below). Excellent example of a high speed market (yellow circles indicated bounces off the 10MA). Not very easy ...

5Min Intraday System

My answers — Hi MJ My answers to your questions in blue: 1. Do you have an approximate win/loss ration of your trades over the past 3 month. (maybe also some statistic how many trades you took) See my results below - if I not mistaken, a hit ...

5Min Intraday System

Comments — Hi A My comments in blue: I would have thought the second flag would be ideal(hindsight is great), Yes, I agree but my significant level was broken with the first flag meaning it might be possible that my significant level won't be ...

5Min Intraday System

Total number of trades — A total number of 53 trades since I've started trading with the trail account. To all the newbies: You can see I only deposit a small amount as it is trail account. Trail account meaning I am practising my trading ...

5Min Intraday System

Outcome — For all of those who want to know about the profitability of this system - the results of a trail account of mine below. Once again, just to show the people what can be done training two 5min systems (Phillip's 5min system and ...

5Min Intraday System

Perfect example — Hi Pipdealer Perfect example of a trade using Vantage's Higher low, lower high system (also a thread on forex factory). That is why I do like to use this system and Vantage's system in tandem/interactively. The two systems ...

5Min Intraday System

Comsolidation — To me, a triangle (lower highs and higher lows) means the price is going inot a consolidation period and anything might happen. See the results on this chart. Once again - see how you cannot take each and every pullback into ...

5Min Intraday System

Live chart — Now for the live chart - I hope you've noticed the triangle that was forming live on the chart posted on my previous post. See my comments on the chart

5Min Intraday System

Example of price patterns — Some practical examples of price patterns showing us the market rhythm.

5Min Intraday System

Speed of the market — Hi P Your comment/question: War zone is between 10 and 21 EMA, right? Instead of the middle point of the war zone, I feel more safe if PA bounces back in the war zone closer to 10EMA side. What do you think? My opinion: ...

5Min Intraday System

Yes — Hi P Yes, the war zone is the area between the 10 and 21MA. Here are two examples.

5Min Intraday System

The hind sight chart — The hind sight chart and another live setup which I ignore for reasons mentioned on the chart. See how I don't trade each and every pullback into the war zone - it just doesn't work. One needs to chose very carefully.

5Min Intraday System

Outcome — The outcome of the trade

5Min Intraday System

2nd trade of the year — Here is my second trade of the year after the release of thr NFP - very,very risky. That is why I decided to risk only 15pips. The two pinbars (tails/wicks to the downside was my main trigger.

5Min Intraday System

Comment — Hi P Comment - is it triangle or a pennant? For clarification: Triangles are formed by two converging tendlines, each connecting a minimum of two price points. There are three major types of triangles, differentiated by the slope of ...

5Min Intraday System

Now that is what I call individual style of trading - thanks for the comment. Other members - please take note of Pipdealer's comments.

5Min Intraday System

yes — Hi Adrian Yes, it was the bounce off the significant level and 50MA and signals on the 15min system I am using meaning there was a confluence of factors. If you do get a confluence of factors - it makes the probability so much higher. ...

5Min Intraday System

Comments — Hi Ad Your question "was this not offputting when trying to spot that the trend was going to continue downwards?": My answer - defnitely yes. Especially so close to a multi-day low testing the low of Des 29, 2010 (always turn to a ...

5Min Intraday System

15min — Initially I was using a 15min system to trade this breakout and pullback. But I also turned to my 5min chart and saw the signals as indicated on the first chart. Like I mentioned in a earlier post (my answer in a pm) - one needs to ...

5Min Intraday System