Yes — Yes, entered at 09H16gmt @1.9777 for 10pips profit. Was a bit worried about the R1 line and the big bearish candle (bearish 3 pattern was a possibility) but it worked out.

5Min Intraday System

Answers — Hi Spot See my answers in your message: Pleasure is all mine - I hope it make sense

5Min Intraday System

Cable trades — Remember my entries and exits are indicated on the charts with Yannis' EA. Skype chat edited to include only the chat regarding the last Cable trade: [5:10:33 PM] Willem Kruger says: Cable - lets look at the next pullback, for ...

5Min Intraday System

Great minds think alike — I think it is trade I took - my 2nd one just after the 3little sisters Island posted. I can see we traded the system together for a long time now. I mentioned on the Skype chat that the setup looked tempting but I was ...

5Min Intraday System

Perfect — Hi Mx Perfect approach - I did it the other way around and lost about half of my account. But like I told Phillip, I had to learn this system the hard way. I wanted to see what is hurting me and why. And to see what I must ignore. ...

5Min Intraday System

Yes, mini account and still a hobby — Hi Spot Yes, I am still using the same mini account which I started in Dec 2006 with $500. I am trading 0.2lots when trading the 5min system. I am also using the very same account playing around with other ...

5Min Intraday System

MP3 file from Phillip — A MP3 file presented by Phillip regarding his 4hMACD system. But some of the parts are also applicable to his 5min system especailly when it comes to learning forex trading. I posted my previous post before listening to ...

5Min Intraday System

Not easy — I agree, Tony, it is not an easy chart to trade. I won't have taken any of the setups. Just too riksy for me with price crossing the MAs and no real signs of support/resistance. No recognisable pattern. At this stage I'll close my ...

5Min Intraday System

My old friend — Hi Eye Great to see you are back and as sharp as always. Still making the pips as always. Seems like our other thread died - so here we are again. But I am sure you do use that system (or version thereof). Currently I am just ...

5Min Intraday System

Comments — Hi Spot See my comments in your message: Hi Golfer, I've a few questions before I go to bed. How important do you think are candlestick patterns and broader formations in Phillip's system? To me, it is very important and I do use ...

5Min Intraday System

Great analysis — Great analysis - I can see you know what you need to look for, not just firing in all directions. I like it. Don't worry about the 3 little sisters. I do miss them regulary. As long as you identify them afterwards. You'll get ...

5Min Intraday System

Also watching the setup — I was also following the setup but decided not to entry just because of the support found on the pivot line. Initially went through it, then running on it. Otherwise the setup was fine.

5Min Intraday System

Rules, rules and rules — All I can say is look at my triage - patience, discispline and hard work. I think we can addthe fourth one namely rules. I spend more than 1 year training myself to use this system as well as developing My Rules for ...

5Min Intraday System

Pleasure — Pleasure - just think of the 4h MACD system. The same triage - hard work, patience and discpline.

5Min Intraday System

I know the feeling — Hi Tony See my comments in your message: Keep working on it - you won't be sorry!

5Min Intraday System

Lost momentum — I just think it ran out of momentum. That is what my SMall support/resistance lines are showing me. If it is broken, I'll take it that the momentum is lost.

5Min Intraday System

Cable trade — My cable trade what I thought was a 3rd sister - that was why I didn't wait for the 21 on SMAangle.

5Min Intraday System

Taken — Hi Tony I also would have taken it but would have exit for 2pips profit. See my comments.

5Min Intraday System

Thanks — Hi Yannis Thanks again - lets see.

5Min Intraday System

Make sense — Thanks for the explanation - it make sense. I am also looking into a "trend" reversal system (based on the classic 1,2,3 or A,B,C system) but I don't want to share it here because it is not in line with what Phillip's system is ...

5Min Intraday System