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Intraday Pound Trades on 5min chart [GBPUSD] 36 replies

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5Min Intraday System

EU signals:
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AU signals:
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Ranging market no trading:
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Hello, How are you? I am quite new here and I saw the Phillip Nel system for M5 and it looks quite impresive. I am wondering how can I do to load the 50MA angle in MT4, because I only could load tpl file, and the file that I found is exe.4
Thank a look.
any one stile use it
Yeah good question, anybody still using it?
I am just getting into this whole forex thing, so I am a bit of a newbie. I having been playing around with this trying to put it in my tool box. I'd be keen to do some comparison with someone.

But my chart time is limited, and during the close of the asian session and start of the london which from what I have seen has been too choppy for this. Stupid day job.

So I wouldn't expect a huge amount of interaction.
Hi all,
I have tried so many systems which sometime give profit & losses too.
But, currently I am using this kind of trading on TF 5mins (I got it from other friends). The different is only using the 50EMA and not 50SMA. Anyway, it is quite similar.
And the best thing is, really works for all Major Pairs.
Always hit the TP (10pips) if the timing is really correct.

I am still using this to make more profit on my daily tradings.
I am glad that I found some of members here are using the same system.

I will update more.

Regards
-ATUQUE-
Quoting Phillip Nel
The 20 Degrees is determined by eyesight. It is about trading with the trend that is strong when the angle of the 50MA is strongly in a direction. It is not about the exact angle. One gets a feeling for the movement over time. It is true that the samples given are very true ones. It is to make the explanation easier. I do make max three trades per day. After two wins in a row (±15-20 pips) I am finish for the day. One win and one loss make me trade on more time. Two losses in a row and I am out for the day. I will post more difficult examples. The...
I am so agree with what Phillip was telling in this thread earlier about the Max Trades daily. He did those max trades on one pair only.
I have a few pairs which I have been trading (all major). For every pair, max 3 trades. Hardly made more than 3 trades for each pair.
Before I start coding this in efs (eSignal) has it already been done ?
A fool and his money are easily parted
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