Enough examples posted — I just thought I posted enough examples of how I use this system - I don't see the need to post anymore examples. Also, I don't know if people really appreciate it. Therefore, I decided I'll wait for people to post ...

Still using it — Yes, I am still using it along with Vantage's system (as mentioned on this thread.) BUT you should know when and how to use this system. Like I said before - this is a system to be trading on a 5min chart and you'll find A LOT ...

Still here and trading — Hi P I am still around and trading - was on leave in the Kgalagadi Transf. park where there is no cell phone receiption or internet connection. Just semi-desert and wildlife.

Live trades — Live trades. And what I do is to determine my capital and risk (lots size) at the beginning of the month based on what my capital is at the start of every month. I stay with that lost size for the rest of the month. I don't ...

Don't look at the $ — Hi G Yes, I agree because I risk about 0.5-1% per trade of my capitcal in this mini account of mine. It is recommended to risk 3-5% of your capital per trade meaning I can risk $15-$25 per trade (0.8-1.38 lots per trade ...

Trades Feb-May — Just to show people my practice account where I traded Phillip's 5min and Vantage's Higher low and lower high systems based on price action. I didn't really have time to trade but sometimes I scanned the charts for setups. ...

An earlier trade — An earlier trade this week of mine based on price action. As you can see, the price didn't reach the war zone, not even a bounce off of the 10MA meaning it was a very fast moving market. Not easy to trade conditions like ...

Stay out — Just arrived at a lodge 50km from the Kgalagadi park after 10h of driving from my holiday home down at the coast (Klein Brak River). I had a quick look at the charts and immediately the EURO chart is telling "Stay out!!!" Why? ...

Chart of yesterday — A live chart of the EURO (yesterday). I didn't have time to post it yesterday but here it is. As you can see, no hindsight. Just my analysis using price actions. Please note the possible entry, SL and TP levels. ...

Agree — Hi EZ Your statement: "Duly noted on adding indicators . I just thought this might help some newer traders with this method ." I do agree with you. Twice a day I receive an update and advice from my broker on intra-day chart. They also ...

No comments — Hi EZ I am sure you won't mind if I don't comment (LOL). I am not an indicator guy anymore. I got burned too many times trading according to indicators. Burned a few accounts along the road as well. Since I started trading price ...

Well said — Hi P "War zone can be a visual vague zone to think of a possible entry when PA gets there but that is all" You've said it!! Just what I do - I do use the MAs as orientation tools, just to me me an orientation of the price. After ...

Action this morning — Some price action this morning (public holiday in SA, so can look at some charts) - I followed it but did not enter, see comment on the chart. So I missed out on 10pips (setup was in line with Phillip's rules) but I am ...

Thanks — Hi Dave Thanks for posting all three charts (1h, 15min, and 5min) in one post (as I requested earlier on this thread). Beautiful - now I can see the picture(s) and visualise the reasons for entering. Like I said - a picture is worth ...

Example of risk management — Hi Df Just an example of how I determine my risk ratio. First I identify my possible entry point - which was at 1.4224 (I am not going to discuss the rules for my entry, not part of this system (see Vantage's ...

Yes — Hi Df Yes, and I can understand why your backtesting failed. I had the very same problem with the system and I adapted it to suit my style. My comments: 1. I don't use the 10pip SL anymore but I do put my SL where I think the price won't ...

[quote=Morelands;4549108]" Hi R Yes, still very busy - unfortunately not with forex trading. Hopefully in May I'll start trading again. Nice trade. I see you are very busy on the 4hMACD thread - well done. Talk soon.

Another comment — Comments on another chart posted earlier on the thread - once again price action evident: Significant level created by previous support found, support broken, pullback towards breakout level, bounce off breakout level and ...

Just one comment — Comments from me on just one of the previous charts posted.

5min and 4H rhythm — Hi B I cannot speak for Phillip but what I am trying to do (and I don't achieve my goal every time) is: Look at the rhythm of the 4h MACD system: 4h MACD rule: 1. If the price broke the 21MA downwards, the price tend to ...