Thanks for next very important lessons !
Today I take 3 trade and only one was good.
I come back to study
Forex intraday using the 5min chart: EURUSD 108 replies
The Force 5min system 3,806 replies
Intraday Pound Trades on 5min chart [GBPUSD] 36 replies
5min Bollinger breakout system 42 replies
DislikedHere is my trade for day, a positive 17 pips. This is an example of a bullish 3. I entered when resistance was broken on the 1 min chart. I did have a question which is open to whom ever cares to reply. The candles preceeding the bullish candle were a large bullish candle followed by a large bearish candle, then follow by the large bullish candle that makes up the bullish 3. The 2 preceeding candle made me think twice about the trade, but I took it anyway. Any opinion/experience regarding the 2 large candle prior to the bullish 3 formation?Ignored
QuoteDisliked4. Then there was the frist signs of support found on the M3 line and a "small pullback" into the war zone (A). With a power candle formed in the TC. Well, I don't think it was for me.
DislikedHello Golfer and other members of the "5Min Intraday System".
I have learned a lot by reading all messages posted in this forum. I want to thank you very much your dedicated time.
Golfer, I would be so kind to have your comments on my question below:
On yr above Thread, item nr.4, if you consider the "Original" 5Min Intraday System, with no MACD filter, second circled candle would be a good entry, is that correct?...Ignored
DislikedIs there a specific to trade this system what is the bet session?
RegardsIgnored
DislikedI am trying to learn the system .
I took a trade but I am not sure if it was done according do the system or not.
I enter at the yellow area ...
The red , 10 MA , was pointing up . Is that ok ?
The trade went against me 20 pips .
I TP at the previous low .
Please advise .
Tks
DavidIgnored