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Golfer replied May 11, 2008P message sent to a member - about money management — I just want to post part of a message I've sent to a fellow member - just to show people how serious I am about working on a system: "But at this stage I am not really interested in Risk ...
5Min Intraday System
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Golfer replied May 11, 2008Just a pleasure — Just a pleasure - I do feel the same as Phillip and had the same experience with some of the systems/programs I bought. Only one guy form whom I bought a system has a website and offers constant support as well as a FAQ ...
5Min Intraday System
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Golfer replied May 11, 2008Signs/signals that I'll look for — Hi Aihua Just a few signs/signals I would be looking for on the chart. Warning signs on the right side of the chart as well as the previous high on the far left. Otherwise a few nice signals to go long again ...
5Min Intraday System
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Golfer replied May 11, 2008Skype chat — Hi Aihua That is what I am trying to achieve with the Skype chat - when I see the triangle being formed on a chart, I'll mention the fact that I think I see that triangle being formed on the Skype chat because of this and that so ...
5Min Intraday System
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Golfer replied May 11, 2008This one resulted in a loss — Just to show people some negative trades - this one resulted in a loss and the signs were there. I just ignored it because there were also other signals to take the trade. Right, I think that is enough. I am sure ...
5Min Intraday System
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Golfer replied May 11, 2008Another example — Just another example of resistance that I've liked. Take note that the 21 was still in non-trade zone. Reasons for entry: Power candle, Mkain's signal, bounce off the 21MA and my Small resistance line.
5Min Intraday System
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Golfer replied May 11, 2008Example of an entry of mine — Just an example of a trade of mine - I've tried to save the picture just after my entry to show people the picture as one sees it. Not a post trade picture - which is usually easy to explain and to see the setup. ...
5Min Intraday System
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Golfer replied May 11, 2008How I would trade the previous setup — This is how I would evaluate the previous setup: Wait (and don't enter on the 2nd candle moving away from the 21) for the TC to appear on MACD and look for the power candle. But as you can see - on this ...
5Min Intraday System
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Golfer replied May 11, 20082-candle entry part 2 — This is an excellent example of a 2-candle entry. Sharp pullback into the war zone by the first candle then the 2nd candle start to move back in the original direction. I don't like this method of entry because I like ...
5Min Intraday System
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Golfer replied May 11, 20082 candle entry part 1 — Here is an example of a 2-candle entry trade (which I didn't take because I just don't like the method). I took the trade after the power candle. All the explanations below the war zone is the 2-candle entry and the ...
5Min Intraday System
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Golfer replied May 9, 2008Love this system more and more — I just love this system more and more as I keep studying my 3 pairs, looking at the markets movements and identify the high probability setup signals. As you can see I am still learning, experimenting and get ...
5Min Intraday System
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Golfer replied May 9, 2008Was in same boat — Hi Tony I was in the same boat - had several trades like yours. That was when I decided - Phillip initially teached me this is a 10pip system. With such a tight SL, it is difficult to let your profits run (unlike in ...
5Min Intraday System
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Golfer replied May 9, 2008Wait for support of resistance foumd on 21MA — Hi Rod You can still trade a down movement like this but wait for the price to find resistance on the 21. Your chart shows no resistance found on the 21 with lots of activities above the 21MA ...
5Min Intraday System
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Golfer replied May 8, 2008Great minds think alike (LOL) — Hi Tony Spending time and efforts with Phillip and his systems pays off. We took the same trade (see my charts above) - great mind thinks alike. Another point/evidence why it is important to have your own set of ...
5Min Intraday System
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Golfer replied May 8, 2008Wel done — Hi Mat Well done. I would have entered at 1.5530 (2 candles later that you entry waiting for more signals). Signals not clear where you have entered. There was no evidence that 10MA is acting as support (price fell right through ...
5Min Intraday System
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Golfer replied May 8, 2008My EUR trade with signals — My EUR trade with all the signals I am looking for. I've numbered them 1-7, I hope it makes sense. That are some of the things I do look for when I saw a possible setup. The evidence of the trade can be seen on the ...
5Min Intraday System
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Golfer replied May 8, 2008SID MOV and triangle formation as mentioned on SKype chat — The EY SID MOV and triangle formation as mentioned on Skype chat. One needs to wait for a breakout. I did entry a very risky long trade right on the support line of the triangle (not ...
5Min Intraday System
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Golfer replied May 7, 2008Quick 5pips on my favourite pair — Just to show you what I mend earlier in my posts regarding my favourite pair. I saw the TC being formed and go for it. Chart 2 - 10pips made, should have stayed in the trade but that is how I trade. I do have ...
5Min Intraday System
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Golfer replied May 7, 2008Nice wave-like movements - Phillip's favourite movements — Our discussion on the EY on Skype chat - see the attached chart: [08:18:38 PM] Willem Kruger says: EY - just look back and see the nice wave-like movements bouncing off the 21. That is ...
5Min Intraday System