Hi Antj The SMAangle indicator replaces the objective 20° angle of the 50SMA. The area between two lines 0.1 and -0.1 represent than non-trade zone. You need to put a 21EMA on the SMAangle indicator. If the 21MA is keen than nontrade zone, you sit ...

5Min Intraday System

Yesterday difficult, today beautiful — Yesterday I was struggling to see the set-ups but today I've broken my rules and I've done more than three trades because of the beautiful set-ups. I'll post the chart later today/tonight (have to go out ...

5Min Intraday System

Like your analysis - make sense — Hi Pk I followed the very same set up and I'll post my charts later. Just my opinion and I hope it makes sense. I do like your style of analysis.

5Min Intraday System

Thanks & comments — Thanks for sharing it with us. I am sure many will benefit from it.

5Min Intraday System

Answer in your message — Looking forward to see your charts.

5Min Intraday System

Interesting 2 setups after each other — Just 2 interesting setups right after each other. Chart 1 is in real time - the first setup was a great descending triangle and then there was a pullback towards the 21MA with a close rigth on the 21MA. ...

5Min Intraday System

Not interested in profit sharing but to assist fellow traders — Hi Ad I am not interested in profit sharing but to assist fellow traders to develop their own style of trading within the 5min system (for those who are interested). Phillip ...

5Min Intraday System

Examples? — Hi Gio9 Good for you - how about some examples/charts to show us how you do it? Maybe some of us can benefit from it. Enjoy the trading

5Min Intraday System

Micro lots — Hi Pips Just to confirm on what you are saying. I've been trading the five-minute system for nine months now - Still trading micro (0.01) and mini (0.1) lots in a $500 mini account. You don't really need more than that if you are ...

4 Hour Strategy (MACD)

And a high low — And a higher low was formed on EY - I'll be very careful now. I was looking at the $Y at the same time - possible double bottom formed (1 & 2). But still under the small resistance line. Lets see what's going to happen. Still ...

5Min Intraday System

Too early entry — My trade today on EY. I like the strong move downward - resistance on small resistance line. Then I entered on 10MA - should have waited for 21MA. Once the price went through my small resistance line, I was look for a exit as ...

5Min Intraday System

Another quick trade — Another quick trade on EY - tried to take the first pullback into the war zone with possible descending triangle and Reverse church. After my small resistance line was broken - get out to BE as close a possible. There was ...

5Min Intraday System

Just missed this setup — I've just missed this setup/descending triangle by a few minutes/seconds/pips. Entry was possible on candles under arrows. This was a great one because you do have enough time to see the setup being formed, plan your ...

5Min Intraday System

What looks like a great day for 5min trading — I only had one change to enter what looks like a nice day to trade the EUR. But believe me, it was not that easy to spot great entry points during the live price feed. Very easy to spot them ...

5Min Intraday System

Don't really use it — Hi Pipal I've tried the ADX and currently I just used it to confirm the "strenght" of the "trend" as well as correct side of the trend. It is a very important point you mentioned - entered into a profitable trade too late ...

5Min Intraday System

I had the same problem — I had the very same problem when I've changed from demo account to live account. I was doing very well (75+%) using my demo account for 2 months. Then I've changed to my live account in Apr 2007 and it went terribly ...

5Min Intraday System

Your own style — Hi Yorik But at the end of the day, you need to develop your own style of trading and look at which entry points fit your style of trading. My entry points will not always suite your style of trading. See what works for you! ...

5Min Intraday System

Another example — And another example of a typical trending EY chart where my Small support line stayed below the 21MA and where you could have taken the setups from the 21MA/SMall support line (indicated by the arrows).

5Min Intraday System

2 examples with Small supp/resis line near 21MA — Just 2 examples showing my small supp/resis line near he 21MA and waiting for the price to bounce off the 21MA or my small supp/resis line. Just another mechanism to consider/determine an entry ...

5Min Intraday System

See my comments — Also what I am trying to do is to enter as close as possible to the 21MA. But it is not always possible. This is where my Small support/resistance line plays an important role. More than once would you find the enter is close ...

5Min Intraday System