Correct — That is correct but make sure it is not too far from/outside the war zone.

5Min Intraday System

Use the TC on MACD — I had the same problem and asked Phillips advice. Phillip suggested that we use the TC on MACD as entry: 1. Smooth TC 2. Near the war zone 3. When price patterns show a high probability setup. Look at all my recent ...

5Min Intraday System

EY trade on Skype — My trade as discussed on Skype - just deleted the other's messages for confidentiality: [4:46:22 PM] Willem Kruger says: EY - starting to move latera along M3 line but also, 21 in non-trade zone [4:47:40 PM] Willem Kruger ...

5Min Intraday System

No no really — No, not really. Only thing that matter is the first candle entering the war zone or bounching of the 21. Then the second candle bounching of the 21 and sometimes leaving the war zone. No real signs of support/resistance found - ...

5Min Intraday System

1st trade — My trade - what a beautiful setup, resistance changed to support with a Bullish 3 pattern right on the R1 line. E marco - this is an excellent example why I am trying to get an early entry. I was waiting for the candle to close ...

5Min Intraday System

Another example — Another example of a no-go setup on EY for me. Not all TC are tradeable, remember that.

5Min Intraday System

2 setups on Cable I didn't like — Just 2 setups (zero bounch and TC) on Cable earlier I didn't like and didn't trade. The second setup (TC) with the triangle and bearish 3 pattern was very inviting however. Discipline!!!!

5Min Intraday System

Sure — Sure, no problem. Sometimes I do get very frustrated, especially with the EY - you wait for the candle to close and you see that its about 20 seconds before the close of the candle. The next thing happening is the opening of the candle ...

5Min Intraday System

My chart — My chart - very interesting patterns visible on the chart. Could have gotten 10pips out of it if one's entry was spot on (like you said). Look at pattern A - 3 black crows if I am not mistaken.

5Min Intraday System

Well said — Hi Nad Well said. Sorry I posted my chart and message on the TC on cable I didn't take before I saw your message. Just another example for people to look at while reading your checklist.

5Min Intraday System

TC I didn't take — Just an example of a TC is was following but I didn't take it because it was too close to the support level and no triangle formation (another recognisable formation but I don't have experience with it). I just don't like ...

5Min Intraday System

My chart as promised — Hi Bs My chart as promised - I saw the development of the ascending triangle but I didn't have time to trade it, just too busy at work. I would have entered on the second TC of the triangle with the power candle. See my ...

5Min Intraday System

Very interesting — I just look at the charts, saw the setup and saved my chart. I will post it later today but in the mean time: I saw on Interbank my 10pip TP would have been triggered after an entry on the TC signal ( on the next candle ...

5Min Intraday System

No problem — No problem but this week I didn't really trade but I didn't have time. Too busy at work and doing some additional research/learning. Didn't even chat on/follow the 5min Skype chat. You can send me a PM in the mean time as I do ...

5Min Intraday System

I am worried — I am just worried that people will get confused if we are unable to explain any new additions to the system. Also not everybody has Skype and if one cannot discuss/explain a chart or indicator here on the thread, it should not ...

5Min Intraday System

Problem — That is always the problem - deciding which of the two to take. These were two great examples of a 1min chart of this system but they don't always look this nice. Just be careful.

5Min Intraday System

2 setups looks the same — I am looking at setup #1 & 2 and both setups look the same to me if I look at your indicator. #1 was also a hammer but if you have taken the entry in the war zone, it would have given you 10pips. But not #2. What are ...

5Min Intraday System

My chart — Hi Eye In this case I would have entered before the TC because of the shooting star and power candle where I put the label. You are right, best was a -1pip outcome. After the second small resistance line was broken with that higher ...

5Min Intraday System

No-man's land vs. 10MA — I saw the 2 tails with lower highs and I was waiting for the TC. Look at my entry #1 @ 169.22 10sec before the close of signal candle of the TC. In no-man's land far away from war zone. Then I waited for a pullback to ...

5Min Intraday System

Thanks — Thanks, Mkain - you are the creator of the indicator, best coming from you. I was still at work.

5Min Intraday System