Well done — Hi Scarlet Looking at your chart - Yes, it was a ellipse formation but I usually like to see 2-3 candles (small) at the top of the ellipse (find resistance within the war zone). This one had only 1-2 candles. yes, a TC formation ...

5Min Intraday System

Another descending triangle — I missed this one while working on my PC and not watching the chart (don't really like to trade this time of the day. But this is a great setup - I like the flat pullback with lower highs forming a descending ...

5Min Intraday System

3 little sisters — EY - 3 little sisters chat on Skype: [08:05:39 PM] Willem Kruger says: EY - note the 3rd sister being formed now. But is is above the 50MA. No short trade possible [08:06:56 PM] Willem Kruger says: EY - if that 3rd sister ...

5Min Intraday System

Nice bounce of the 10MA and your small resistance line — Hi Mkain Great one: 1. The TC was not that smooth but 2. I do like the fact that there was bounce off the 10MA where it touches your small resistance line. I do like the setups where my ...

5Min Intraday System

2nd trade for the day — Just came home from after a few holes of golf and saw the setup (before it could activate the Skype chat). I did enter before 21 came out of non-trad zone but I just like the following: 1. the smoothness of the TC on ...

5Min Intraday System

My 1st trade today — EY trade today - very nice one. EY - gave a few nice signals today, like the one Mkain mentioned. Great one!

5Min Intraday System

Perfect 3 little sisters — Hi Mkain No, that was a perfect one for this 5min system - hope you got some of it for a few pips. This is how you'll identify the start of the 3 little sisters: 1. Once you see a lower high is formed, immediately ...

5Min Intraday System

4h chart - consolidation — Just to show you the 4h chart during my above-mentioned trade. Consolidation phase rigth on the 8MA and don't expect more than 1-2 signals on 5min chart. Be careful. See second 5min chart - that is why there is now a ...

5Min Intraday System

Not that smooth TC but lower highs did it for me — My trade early today with comments. I was a bit worried about the candle just before my entry candle

5Min Intraday System

Right - ?5min chart — Hi Aihua Right - how about your 5min chart so that we can see your entry point in relationship with the indicators? Or aren't you going to use the 5min charts? I saw you post the same chart/message on 4h - ?wrongly posted ...

5Min Intraday System

Great advice - exit is something I'm struggling with — Hi jamesr24 Thanks for your message - yes I do see your name regularly at the bottom of the thread. Thanks for your advice. Lately, I am struggling to exit the trade if it turns against ...

5Min Intraday System

Tx for getting some comments — Hi Rustyforex Tx for the post and getting some comments from our fellow short-term traders. It is nice to see what other traders are doing. Just gone back to your comments: A very good observation you've made ...

5Min Intraday System

Template as promised — Hi Aihua The template as promised - sorry, but I didn't really have time yesterday. If you open the 1min chart with this template, you'll find a B Bands indicator as well. Don't worry about it. Just change the line on ...

5Min Intraday System

Also missed it - x#$%@ studies — Hi Mkain I also missed it - what a beauty! Tx for the chart - see my additional comments on it. Also no activities/closes below the 21 - another positive sign, go for it when you see it.

5Min Intraday System

Teaches you patience and discipline in short term — Pleasure. His system also teaches you patience and discipline on a short term basis. You don't take every setup and you need to read the chart and price movement. Just like this 4h system - ...

4 Hour Strategy (MACD)

Ignore ADX — Hi Aihua I don't use the ADX anymore - so you can ignore it. But I know there are people using it so you can use the ordinarily ADX on your platform. Fortunately I cannot access platform right now, so I'll post my template later ...

5Min Intraday System

Phillip's 5min system — Hi Aihua Sorry, bit of the topic but I don't know if you are aware that Phillip started with his 5min intra-day system on Jan 01, 2007 and it is still very much alive. Check it out at: url I did post My Rules for the ...

4 Hour Strategy (MACD)

Pullback candles stay inside initial downwards candle/s — Another interesting aspect I saw regularly is that the pullback candles stay within the initial down movement/candle (the start of the bearish 3 candle formation usually found on the ...

5Min Intraday System

Did follow it — Hi Mkain I also follow the move but didn't enter. Too afraid for a pullback at this late stage and I don't like to trade so late in the day. Usually the time for the price to come back a bit - just to hit your SL. I did about 3 ...

5Min Intraday System

Small intra-day movement — Just another example of the small intra-day movement (SID MOV) - the same as the one in post # 3098. Just look at the time in GMT. One again the SID MOV gave one signal before returning back upwards. Just want to ...

5Min Intraday System