Yes — Hi P Yes, a smooth MACD means the price is moving smoothly as well with less whipsaw. As you mentioned - I did post a lot of charts with the MACD. If it works for you, go for it.

5Min Intraday System

Yes — Yes, that is my style of trading what Pipdealer was explaining in the reply

5Min Intraday System

No problem — No problem - make sure you do understand. Yes, the entry is very important. Also yes, you need to consider other things and that is what I meant by not having definite rules for example if a. and b. and c. are visible/in line, you ...

5Min Intraday System

Personal style — Once again, it is all about personal style. Just a few comments on your post: I used the methods explained in the first page,i.e sma angle, macd, and adx, waiting for it pullback, but not pulling the trigger until the macd has ...

5Min Intraday System

Vantage's system — I don't usually recommend a system but if you are interested, I can recommend Vantage's Higher Low, Lower High system also here on forex factory. It is a very solid system based on price action and a well recognised pattern ...

5Min Intraday System

No problem — No problem with the trade - I would have entered just earlier as indicated on the chart.

5Min Intraday System

Pleasure — Hi Cableguy Only a pleasure. It is all about the "speed" of the market as explained by Phillip in this thread: 1. If the price is moving fast, it usually bounce off the 10MA and it doesn't even retrace into the war zone. VERY ...

5Min Intraday System

My comments — Hi A My comments on your post: Im trying to know this strategy better by trading it via backtest. Untill few time ago, I still thought the entrance was before the bounce on any significant level was formed No, it must be ...

5Min Intraday System

The outcome — And the outcome of the trade = -10pips Just remember it is December and one can expect movements like this. This is just another example to show you people how difficult it is to trade real charts - always easier to "trade the ...

5Min Intraday System

The trade — Then I saw the H/L entry signal. There wasn't really a nice setup candle with a tail upwards. But let us if it a try. See how I manage my trade - SL and TP

5Min Intraday System

Next candle after price moved into war zone — And still I waited - the next candle after the price moved into the war zone. Still waiting!!!!

5Min Intraday System

Next the breakout into the war zone — And then the price moved into the war zone (area between 10 and 21MA). Now we play the waiting game. Patience and discipline are needed.

5Min Intraday System

What I was looking for — This is what I was looking/waiting for in this setup

5Min Intraday System

Setup I was watching today — A setup on 5min EUR$ I watched today. This is once again what a chart looks like in real time without the benefit of hind sight. See my comments on the chart.

5Min Intraday System

Yes, perfect — Hi P Yes, perfect - great analysis. What is important is the fact that it is the first pullback after the breakout of the significant level (pink horizontal line). As you can see on my analysis - the significant level was ...

5Min Intraday System

Nothing personal — Hi P Nothing personal but I don't reply to posts where a member just post a chart without explaining the story behind the setup. My advice is to just give some explanation what you were looking for in the setup. I do see a ...

5Min Intraday System

Only one stupid question — Hi Ad There is only one question that I consider stupid and that is: "Would I be able to make money with this system or would I be success trading this system?" Don't expect a response from me on a question like ...

5Min Intraday System

Lets try — I saw the double botttom and decided to enter. Luckily I got 22pips out of it. Not sure it is according to your system, Dave.

Higher low, lower high system

Hi King Thanks and yes, just my experience with/in forex trading. Those "gurus" promise you that their systems are working and they will tell you that it is just you that are stupid. Then I learned the following steps the hard way and a few small ...

5Min Intraday System

Yesterday's outcome — Now lets look at yesterday's outcome - always easy to do that in hindsight but is it is very necessary because it is the only way that I've taught myself. See my comments on the chart As a conclusion - always be on the ...

5Min Intraday System