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Golfer replied Jul 15, 2008Zero break and tail — Yes, after that tail and the TC was a zero break. Just one comment - I don't see the 10 or 21MA on your chart or am I wrong?
5Min Intraday System
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Golfer replied Jul 14, 2008Additional guidelines document - page 1 — Hi Mike Additional guidelines of My Rules 4th edition, bullet 7.7 - link is on page 1. Looking for an exit 6 candles after your entry because the market is going nowhere.
5Min Intraday System
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Golfer replied Jul 14, 2008Took the setup (TC) just before that one — No, Eye, I took the TC just before that one for +10pips. Very risky - then I saw the tripple top/SHS formation as I mentioned on the Skype chat and stayed out. Yes, high risk trade could work out.
5Min Intraday System
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Golfer replied Jul 14, 2008Page 1 — On page 1 - very first link explained by the master (Phillip) himself.
5Min Intraday System
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Golfer replied Jul 14, 2008It is not — Don't be mistaken, the 5min system was originally a 10pips system but even Phillip has an additional exit method when the markets are fast where he let his profit runs. The 10pips was the orginal target. Nothing wrong with the idea ...
5Min Intraday System
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Golfer replied Jul 14, 2008Another example of 2-candle entry in no-man's land — Raymond, Just another example of a 2-candle entry that went bad. This time I entered on the 3rd candle in no-man's land. The TC was a great TC - just too far away from the war zone. I ...
5Min Intraday System
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Golfer replied Jul 14, 20083rd sister trade — The chart of my 3rd sister sister trade as mentioned earlier in a post.
5Min Intraday System
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Golfer replied Jul 14, 2008Classic 2-candle entry — Hi Raymond The classic 2-candle entry method is the one used initially in this system: 1. The first candle candle enters the war zone and move towards the 21MA. 2. Most of the time this candle will close within the war ...
5Min Intraday System
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Golfer replied Jul 14, 2008Yes — Yes, my SLs include the spread - 2pips on EUR and 4pips on Cable and EY. I'll send you a PM regarding the martingale strategy - not part of this 5min system but excellent.
5Min Intraday System
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Golfer replied Jul 14, 2008No signals — Hi More No power candle, no MACD TC signals, only 2 candles in the war zone, no sign of resistance found other that one bounce off the 21MA. I don't really trade the classic 2-candle setup anymore - too risky for me. I entered ...
5Min Intraday System
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Golfer replied Jul 14, 2008Yes — [quote=Hrivel;2107665]As I can see on the chart in trade 4 you would enter the trade even the price hasn't moved into warzone. Are there any other circumstances (beside bullish pattern) that would made you enter the trade when price made ...
5Min Intraday System
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Golfer replied Jul 13, 2008Questions — Hi Mkain I read your method - I don't have any problem with it. However...... I know people will ask, how about the next TC? Why didn't you take that setup? Look at all the signal - all were great signals. My opinion: 1. That long ...
5Min Intraday System
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Golfer replied Jul 12, 2008And then later the day still on EY — And then later the day - ignore 2 possible trades because it was just too risky for me. After my Reverse church formation failed while my small resistance lines got ignored/broken except for the 3rd fan.
5Min Intraday System
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Golfer replied Jul 12, 2008Another setups I followed yesterday without an entry — Another setup I followed yesterday - decided to let it go after saw not higher highs were formed. Afterwards I saw the SHS formation.
5Min Intraday System
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Golfer replied Jul 12, 2008Be careful - use another system — Be careful when you see market conditions like this. I saw people on the Skype chat consider these markets yesterday - suicide with the traditional Phillip 5min system. Use another range bound trading system ...
5Min Intraday System
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Golfer replied Jul 12, 2008Cable yesterday — Info about cable yesterday - usage of small resistance line, kept me out of trouble.
5Min Intraday System
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Golfer replied Jul 12, 2008Saturday morning - review time — Once again it is Saturday morning and time to review the charts. My trade yesterday after that great move mentioned on Skype. But some people were so busy talking other stuff, so I let the Skype chat pass and ...
5Min Intraday System
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Golfer replied Jul 10, 2008Those two trades — Those two trades on EUR while the Fed was speaking.
5Min Intraday System
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Golfer replied Jul 10, 20081st trade — My first trade today - very interesting: Tripple fan trendline technique: I read an article last week from Elliot Wave International about using trendlines and it was exactly like I am doing it. So interesting to see that the ...
5Min Intraday System
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Golfer replied Jul 10, 2008Got two trades from it — Hi Em I got two trades from it - will post later. Fed must have said something in the speech - was a bit worried when I saw the speech was on when I entered the first trade
5Min Intraday System