Again market closed me @ BE! I guess I'm adjusting my SL too soon. regards, snu.

Effective 5M intraday trading

Early entry trade closed @ BE! So i reentered According to rules. Ideally entry should've been @ 1.2262 - on the break of IB, but because of my broker spreading i could only enter @ 1.2254. Now position is @ BE Regards, snu

Effective 5M intraday trading

EU short Entry. EP 1.2273 - on the return move after the consolidation breakout (blue box on the chart). This is early experimental entry TP 1.2195 - 261 fib extension. SL 1.2293 - 20 pips Regards, snu.

Effective 5M intraday trading

With start of our afternoon session looks like we have a H&S with the small one inside the right shoulder. I would wait for the break of bigger TL and then look for an entry. Any thoughts?

Effective 5M intraday trading

Trend Pullback entries — Additional entries we're going to consider will be trend pullback entries. I advice to utilize the same checklist approach as with our primary entries here. Entry prerequisites: 1. Prior trend: Since these are trend ...

Effective 5M intraday trading

Hello, Traders! Sorry for not posting anything today - we didn't have any entries according to the system during our timing. There was a good entry during Tokyo. (See the pic.) In the following post I'm going to describe pullback entry rules, so ...

Effective 5M intraday trading

Cheers, Sonic! Happy birthday to you!

Sonic R. System

SL hit -20 pips

Effective 5M intraday trading

bbolss, plz explain your entry in more detail, it seems i went in a little bit late.

Effective 5M intraday trading

1. Divergence on MACD - YES 2. TL Broken - YES 3. MACD > 0 - YES 4. Is there a return move - YES 5. Is there IB - YES 6. Is there a fractal - YES EP 1.2325 SL 1.2305 TP 1.2400

Effective 5M intraday trading

EU long. 1. Divergence on MACD - YES 2. TL Broken - YES 3. MACD > 0 - YES 4. Is there a return move - No 5. Is there IB - No 6. Is there a fractal - No Waiting for return move to enter. Regards, snu

Effective 5M intraday trading

Not much going on during our trading times regarding the entry setups. There was a good entry yesterday during late US session (see the pic). I also advice you to look at higher TF from time to time. This will allow to maximize your profits - you ...

Effective 5M intraday trading

Perfect entry using 30M TF! which proves system being effective on any TF!

Effective 5M intraday trading

Not much going on today with EU bank holidays! PA canceled setup to the upside. No setup - No entry!

Effective 5M intraday trading

EU long — Looks like double bottom scenario is unfolding. Checklist: 1. Is there divergence on MACD or Stoch? - YES (see the pic) 2. TL Broken? - YES (see the pic) 3. MACD went above zero? - YES (see the pic) 4. Was there a return move? - YES ...

Effective 5M intraday trading

EU long — Good Morning, traders! Long setup is forming on EU. My order is in place. Checklist: 1. Is there divergence on MACD or Stoch? - YES (see the pic) 2. TL Broken? - YES (see the pic) 3. MACD went above zero? - YES (see the pic) 4. Was ...

Effective 5M intraday trading

Hi, Forex Girl! Any TF is fine and it's used pretty much like Zig Zag - it helps you identify price swings. You can adjust settings yourself, I personally prefer 8,13,34. 8 is for minor swings 13 is for intermediate 34 is for major ones. Play with ...

Effective 5M intraday trading

Yes, looks like its going up! Have to come up with some rules for re-entries, i guess. These would be good in case your BE is hit or you missed the initial entry for some reason. Well, anyways, enough for me this week! See you all next week Have a ...

Effective 5M intraday trading

After price moved 30 pips in my favor i moved SL to BE. Unfortunately it got hit! Friday afternoon session is like that...

Effective 5M intraday trading

Nice trades my friend! Keep it up!

Effective 5M intraday trading