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Golfer replied Apr 2, 2008One for the text books — This one is for the text books - I was following it but didn't enter because it is too late in the evening/afternoon for me. This is a strong trend upwards - so this is a reliable signal. If it was a SID MOV, I would ...
5Min Intraday System
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Golfer replied Apr 2, 2008Quick 13pips on bounces — Two quick trade using the 10MA and pivot line as support as mentioned on Skype: [07:30:24 PM] Willem Kruger says: EUR Lets see if that resistance can be broken [07:34:36 PM] Willem Kruger says: Took 8pips on EUR ...
5Min Intraday System
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Golfer replied Apr 2, 2008My opinion — Hi Fernie See my comments in your message: 1. See which pairs you feel comfortable with. 2. Then just start following them and read the chart - the relationship between the price/candles and the MA, SMAangle and MACD. Later ...
5Min Intraday System
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Golfer replied Apr 2, 20081min chart - no good — Hi Pal Don't worry about it, on the 1min chart the 0.1 (0.15 on EY) and -0.1 (-0.15 on EY) lines on the SMA gets very close to each other. So don't worry, on the one job. I don't even look at the SMA indicate when I ...
5Min Intraday System
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Golfer replied Apr 2, 2008Hi Palmer I took the 1st pullback for about 12pips and the second one (your trade) for about 5pips. Well done - nice system!
5Min Intraday System
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Golfer replied Apr 2, 2008Well done — Hi Xaron Great trades. Could you please explain your aim of 1% to us? Is it a $ value? My aim is in pips and currently I do aim for 50pips a week with this 5min system (even with my full time job - hard work after normal working ...
5Min Intraday System
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Golfer replied Apr 2, 2008No problem - understand you — Hi Suba Just to agree with Dhalsim. The last page as indicated on my signature is the appendix of My Rules regarding the MACD signal and how to use it in the 5min system - just as for Phillip's 4h system. Look at ...
5Min Intraday System
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Golfer replied Apr 1, 2008Deep waters — Wow, Palmer, getting into this system with a trade on the GY - deep waters! Well done. I hope you've looked at this pair during the NY session, great setups - looks like the typical trending EY. I hope you've added the MACD to ...
5Min Intraday System
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Golfer replied Apr 1, 2008Bad start in Apr — My first trade for Apr resulting in a loss of 15pips: 1. Too close to the resistance levels (eventually broken in NY sesion) 2. I didn't wait for pullback - just look at the importance to wait for pullback (could have exited ...
5Min Intraday System
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Golfer replied Apr 1, 2008EY trade — My EY trade today - even near the recent strong resistance (later it seems to be not that strong).
5Min Intraday System
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Golfer replied Apr 1, 2008The ellipse trade — The ellipse trade today - I hope it make sense. Just to show people what to look for.
5Min Intraday System
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Golfer replied Apr 1, 2008This is the ellipse pullback — Now here is an example of the formation of the ellipse type of pullback. Important is the smooth type of pullback with the roundish edge so that a ellipse could fit in the inside of pullback. Please look at the ...
5Min Intraday System
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Golfer replied Apr 1, 2008Pullback you need to stay away from — Look at the pulback on cable today - higher lows all the way. Stay away untill there are signs of an ellipse type of pullback with enough space to previous low.
5Min Intraday System
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Golfer replied Apr 1, 2008Correct — Hi Palmer That's correct - just use it as it is.
5Min Intraday System
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Golfer replied Apr 1, 2008yes for the second blue arrow — Hi seve Yes for the second small blue arrow below that small resistance line. See my other comments on your chart
5Min Intraday System
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Golfer replied Apr 1, 2008No problem but only setups are described — Hi Maz No problem but please take note that we only discuss the setups as they develop (things that we look for during the development of the setup). We don't give exact entry points. During the ...
5Min Intraday System
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Golfer replied Apr 1, 2008Spread — Hi Dhal Sorry, missed second part of your message. I do use InterbankFX and their spread is 4pips on Cable (not fixed), 2pips on EUR and 4pips on EY. There are brokers with better spreads (maybe 1-2pips) but I am satisfied at this ...
5Min Intraday System
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Golfer replied Apr 1, 2008Agree with Xaron — Hi Dhal I do agree with Xaron. Last month I used a mental SL for each trade as a test run. The options for the placement of a SL are: 1. The recommended physical SL of 10pips (I haven't used this for a while now - very risky ...
5Min Intraday System
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Golfer replied Apr 1, 2008Tx — Hi 4newbie Tx, yes, I couldn't believe it myself. Lets see what April can give us.
5Min Intraday System
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Golfer replied Apr 1, 2008yes, I do — Hi Dah Yes, I do miss about a half all the profitable setups on my 3 pairs because I do have a full time job and yes, because I do give some of the setups (deliberately) a miss especially in the following cases: 1. Those near a ...
5Min Intraday System