Glad to be of assistance, old chap.

5Min Intraday System

Only just spotted this..... — Question. Would this be a legitimate entry point? The candle hasn't gone anywhere near the 21ema, and is not quite brushing the 10ema. However, it's straddling the Pivot Point and the SMA Angle and the ADX/-DI ...

5Min Intraday System

Hi islandtrader — What you have to understand about the ADX indicator is that everybody has their own interpretations of how it should look in order to initiate a trade. For me, the ADX (RED) should have crossed the 20 line "with authority", ...

5Min Intraday System

Looked ok, but...... — I liked the neat(ish) reversal to the 21ema, and the entry would have been where the small magenta trendline crossed the 10ema. However, I wasn't happy with the state of the ADX at that precise time, so I kicked it into ...

5Min Intraday System

Hi Willem...... — Great to make contact again, me old mate, and let me say how impressed I've been with your dedication to this thread. There must be literally hundreds of people who have been helped by your charts and updates, including ...

5Min Intraday System

Hi Golfer and emacro..... — Looks like great minds think alike! Nice to get back on this thread again, especially when emacro's example shows I can still spot 'em!! I would have got on earlier, but I was called away from the computer. Really ...

5Min Intraday System

Sorry for the delay..... — Hi Melpheos Thanks for your comments, and I apologise again for the delay in replying. When I drew the fibs, I was mindful of the big move down, and by how far the MA's were from price. Always a reason for caution, ...

Yet Another very simple Fib Strategy

Morning, folks.... — Keeping an eye on this one. Let's see what happens.... EDIT: It's now 25 minutes later. Price seemed to be stuck on the sweetspot, so I didn't enter the trade. Price seems to be heading north again as I type this.

Yet Another very simple Fib Strategy

Easy answer!! — No problem, mate. Get yourself over here to the UK, become one of our blood-sucking vampire bastards we laughingly call Members of Parliament, and simply claim said Lamborghini on expenses. No problems with petrol either. ...

How To Effectively Trade In Both Range And Trending Market By A Single Method

Thanks, mate..... — Many thanks for your reply, Melphios, and I apologise for the delay. It seems that you and I are quite different in our approach to trading. I'm quite happy to sit at the computer waiting for the opportunities to come ...

Yet Another very simple Fib Strategy

A profit, but not much....... — I think in future, I'll choose a maximum number of bars before I kick it all into touch as a bad trade. I got in at 1.9685, but on reflection, not a good place to get in, with the R2 line plus a sweetspot in ...

Yet Another very simple Fib Strategy

Melpheos....... — Just a question, mate, and if you've spelled this out before then I apologise. When price starts pulling back from a swing low or a swing high.....how far into the "long/short entry" box would you like to see it go? Or is a ...

Yet Another very simple Fib Strategy

Morning, folks.... — Just keeping an eye on this one for the time being. Let's see what happens....

Yet Another very simple Fib Strategy

Useful 60ema...... — This wasn't good for the nerves at all. Too many looooonnnnng shadows, as the bulls and bears were scrapping like mad! However, the 60ema held fast, running along right on the fib-pivot line, and creating a strong ...

Yet Another very simple Fib Strategy

Mornin', folks.... — Just waiting to see if this one pans out........

Yet Another very simple Fib Strategy

Took its time..... — It took its own sweet time, but a 25 pip result more than compensates! In............1.9592 Out..........1.9517 However, take a look at eur/usd for the same period........50 or 60 pips result! Oh, well, can't win 'em ...

Yet Another very simple Fib Strategy

I've got the time..... — .....so I'll wait to see how this one turns out.

Yet Another very simple Fib Strategy

Hope this thread continues for a while..... — Hi Melpheos, and thank you for sharing this neat fib method of yours. I've been using something similar, which I picked up from one of the instructional videos on YouTube, but your method is a bit ...

Yet Another very simple Fib Strategy

Hi kermut... — Re your last message......I realize that I didn't respond to a couple of your questions. Yes, I used to use 15m a lot with this method, but I narrowed it down to 5m and it seemed to be just as satisfactory. Naturally, one has to ...

Dollie's Safe Pips Indicator

Thanks, kermut..... — Just a quick reply, mate, as it's waaaaay past my bedtime! I'm glad you agree with regard to trader discretion. This is something that we all have to face and deal with from time to time. Actually, I prefer it, because I ...

Dollie's Safe Pips Indicator