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Golfer replied May 23, 2008My comments without looking at the markets — Hi Em No, I won't have taken it. No power candle as well.
5Min Intraday System
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Golfer replied May 23, 2008Tx — Hi Phillip Tx, your analysis helps a lot for a guy like me struggling with the 4h system. I do appreciate all your efforts. I know what it takes (5min system!!!) but I don't think everybody realise it. But just thanks once again.
4 Hour Strategy (MACD)
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Golfer replied May 22, 2008My trade - your 2nd setup — Hi Tony For your setup - just too many activities on the wrong side (above 21MA) of the 21MA. Even if the move is downwards, I'll be very careful. I tend to ignore setups until the 21MA showed some ...
5Min Intraday System
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Golfer replied May 22, 2008My comments — Hi Kunz I agree - nice 3 little sisters. But what I want you to look at is also a very typical setup one should be careful for. I've seen it several times now. It is that previous pullback with higher lows. Once I see that, I ...
5Min Intraday System
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Golfer replied May 22, 2008Great trade - getting the feel for it? Looks like it.
5Min Intraday System
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Golfer replied May 22, 2008Beauty TC but going nowhere — Skype chat: [05:09:57 PM] Willem Kruger says: Looks like smooth TC on EUR [05:10:06 PM] islandtrader1 says: yes, very nice one [05:10:10 PM] Willem Kruger says: There she is [05:10:25 PM] islandtrader1 says: need ...
5Min Intraday System
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Golfer replied May 22, 2008Read the thread — A name used/given by Phillip for a price pattern - please read the thread for more information.
5Min Intraday System
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Golfer replied May 21, 2008Overtrading days — Sorry Phillip, but it was one of those overtrading days. Kunz - as you can see, I do have the same problem. But I am working on it. Concentate on the best setups. 6 trades today, 5 positive, 1 negative. Total profit of ...
5Min Intraday System
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Golfer replied May 21, 2008-20pips — My negative trade for today - 3rd sister below 50MA. Lession learn: Wait for the 10 and 21 to the cross the 50 as well before consider an enty.
5Min Intraday System
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Golfer replied May 21, 20084th trade a classic — My 4th trade was a classic TC trade from a breakout from descending triangle as discussed on Skype: [2:17:50 PM] André Arruda says: G/U a triangle formation, since the huge candle at 8:00 GMT. [2:43:25 PM] Willem Kruger ...
5Min Intraday System
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Golfer replied May 21, 20083rd trade — My 3rd trade for the day - Kunz went short just before me on the 3rd sister. The higher lows and the fact that the 3rd sister was above the 50 kept me out - as discussed on Skype. So I went long for 11pips
5Min Intraday System
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Golfer replied May 21, 20082nd trade — My second trade - the one Island didn't want to take. It was not really a lateral movement - price was still coming down, a more flattish type of pullback. A lateral movement is where the price has a steep pullback and then move ...
5Min Intraday System
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Golfer replied May 21, 2008My first trade today - 3rd sister — My first trade today - 3rd sister below 50MA. Just after my entry I realised that the news is coming out in 10-15min. Luckily I got out for 1pip profit - so glad I decided to exit.
5Min Intraday System
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Golfer replied May 21, 2008perfect — Perfect - you got it. Now, next time, look for the 3rd sister below the 50MA or in the war zone. Enjoy.
5Min Intraday System
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Golfer replied May 21, 20083 little sisters — As discussed on Skype: [2:02:24 PM] Kunz says: 3 sister forming on EJ? [2:09:06 PM] Willem Kruger says: but above 50MA [2:10:00 PM] Willem Kruger says: and previous higher low [2:10:45 PM] Kunz says: Thanks Will [2:11:11 PM] ...
5Min Intraday System
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Golfer replied May 21, 2008Post chart later — I'll post my chart later when I am at home. That is the beauty of forex trading - not every trader is the same and see the setups in the same light. Stay with what works for you but try and improve all the time. That is my ...
5Min Intraday System
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Golfer replied May 21, 2008Great — Great trade - and thanks for the signals and chart. It is important so that the other readers can "understand" your trade and reasoning. The idea to explain the trade afterwards also helps me before I enter a trade - by asking myself " ...
5Min Intraday System
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Golfer replied May 21, 2008Signals? — Hi Isl Great one - I hope you had your signals in place/considered your signals because you didn't mention them. Very important issue because reading and taking note of the signals rather than just enter on a pullback will assist ...
5Min Intraday System
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Golfer replied May 20, 2008Don't look for a trade, the trade must be looking for you — Hi Poombs Just my viewpoint of setups: "I am not looking for a trade/setup, the setup must be looking for/calling me." Once you start looking for a setup, you'll find one and it ...
5Min Intraday System