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    • 114 Results
    • On the Spot replied Jul 26, 2008

      Thank you — Dear Phillip, I've listened your mp3 and I fully agree with what you said. This is your thread and your system, you set the rules and I fully respect your decision. I have the impression that your system has somehow become a closed ...

      5Min Intraday System
    • On the Spot replied Jul 24, 2008

      Read again — The bearish counter trade signal is given by a bearish candlestick on the main chart and a green bar on the OTS indicator that crosses the 21 ema on the OTS indicator by at least 50%, the green bar should ideally gap down. I call ...

      5Min Intraday System
    • On the Spot replied Jul 24, 2008

      Dinamics of patterns — See chart. 1 Hammer, 2 bullish kicking pattern, 3 short signal, 4 bullish kicking pattern. Lesson: Once the market shows reliable reversal patterns, don't expect huge gains on your valid trend following trends (3), ...

      5Min Intraday System
    • On the Spot replied Jul 24, 2008

      High probability and low risk — There is no doubt that we can make an extra 10 pips or more after a first reliable reversal pattern appears on a chart. The question is this: "Are you still in a high probability trade once you open a position ...

      5Min Intraday System
    • On the Spot replied Jul 23, 2008

      Not every potential set up is a good one — Hi Golfer Your potential set up looks inviting but I would not have taken that short trade due to a different view that I had of the market in that particular moment. A downtrend was in place that ...

      5Min Intraday System
    • On the Spot replied Jul 22, 2008

      EU yesterday — I took only 2 trades that are on the chart. False signals are unavoidable but good signals have so far outnumbered the bad ones. Although the system is profitable, I'm trying to understand if a hybrid system that includes the ...

      5Min Intraday System
    • Posts by Trader Search: 'On the Spot'