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    • snusnufreak replied May 21, 2010

      I understand what you are talking about. But in those cases when there is divergence on MACD it's kind of hard to spot it on stoch, because quite often you would have to look for it between extremes which are several swings apart. Anyways, if you're ...

      Effective 5M intraday trading
    • snusnufreak replied May 21, 2010

      Good Morning! — Good Morning, traders! Lets start trading! There was nice H&S on EU yesterday during US Session. I was not at home but still managed to get 59 pips. Not much, considering it went 200. Here's the pic and checklist: 1. Divergence ...

      Effective 5M intraday trading
    • snusnufreak replied May 20, 2010

      Recommended approach and expectations — With the rules described I recommend to use the following approach when trading this system: Have a checklist prior to the entry! And if one or more steps from it do not agree, skip the trade! I urge ...

      Effective 5M intraday trading
    • snusnufreak replied May 18, 2010

      Guys I'm in the process of reworking the system, since I noticed that some people are experiencing problems with it. As the matter of fact I'm gonna start a new thread where I will try to explain everything in more detailed way and use completely ...

      Great 5M pullback system
    • snusnufreak replied May 17, 2010

      Here's the mistake! Do not trade indicators, use them only after you've spotted something on PA. In this case there where several things to worry about. 1. Long bars which increase your SL significantly. 2. TL was not broken. 3. 15M stoch was above ...

      Great 5M pullback system
    • snusnufreak replied May 17, 2010

      No, not necessarily. Your 15M stoch could be approaching extreme lvl (this is the good case) when your 5M crosses the 50. and vice versa, your 5M stoch could cross 50 while 15M is just turning to your direction which is much riskier trade.

      Great 5M pullback system