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Forex intraday using the 5min chart: EURUSD 108 replies

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5Min Intraday System

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  • Post #1,701
  • Quote
  • Jul 10, 2007 8:55pm Jul 10, 2007 8:55pm
  •  anbu
  • | Joined Jul 2007 | Status: Dubai trader | 17 Posts
Eyevolt sorry I have no idea, I'm guessing the time was during Sydney session?

Golfer thanks a lot for your post, actually I also look at the 21ma since it is a more reasonable indicator. Your support and resistance lines are a great filter, I now draw them on almost every trade.

I agree, Lower Highs/Higher lows, and the other factors you mentioned are also important, since when reading this thread I noticed how they sometimes play a role in price movement and help in making decisions.

And I guess you're right, many trades yet to come...

On the other hand, I actually write the tests LOL.
Best Wishes.. -Riad Jarjour
 
 
  • Post #1,702
  • Quote
  • Jul 11, 2007 5:03am Jul 11, 2007 5:03am
  •  AMGODI
  • | Joined Mar 2007 | Status: Member | 11 Posts
10 pips ... so easy GBP\USD
Attached Image
 
 
  • Post #1,703
  • Quote
  • Jul 11, 2007 5:18am Jul 11, 2007 5:18am
  •  petrol
  • | Joined Apr 2007 | Status: Member | 64 Posts
Quoting eyevoltage
Disliked
Hi folks.
It's 22.55 here in the UK, and I'm wondering if anyone knows why there's so much price activity at a time when things are normally chugging along at a sleepy pace.

Plus, the daily ranges of the pairs I'm looking at seem to have gone mad. Cable is fairly normal at 161, Eur/usd is 194, Eur/jpy is 153, and Usd/jpy is presently at 223.

Anyone got any info?
Ignored
A special day for the dollar ... it's 1.372x+ aniversary ... new ALL TIME high record against euro.
In the mean time the new all time record is 1.3785 !!!
 
 
  • Post #1,704
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  • Jul 11, 2007 10:13am Jul 11, 2007 10:13am
  •  gwaihir's wings
  • | Joined Jun 2007 | Status: Member | 38 Posts
Hi all

New to this very interesting thread

Am setting up a chart for this method

I see different settings from users - emacro shows DMI of 13 and ADX 8,
while eyevoltage shows ADX of 13 on the charts posted

Also is SMA angle a peculiarity to Meta as I run Tradestation and have nothing like it in my tool box

Many thanks

DJ
 
 
  • Post #1,705
  • Quote
  • Jul 11, 2007 10:40am Jul 11, 2007 10:40am
  •  Golfer
  • Joined Feb 2007 | Status: Member | 2,749 Posts
Quoting gwaihir's wings
Disliked
Hi all

New to this very interesting thread

Am setting up a chart for this method

I see different settings from users - emacro shows DMI of 13 and ADX 8,
while eyevoltage shows ADX of 13 on the charts posted

Also is SMA angle a peculiarity to Meta as I run Tradestation and have nothing like it in my tool box

Many thanks

DJ
Ignored
Hi G


On page 103 of this thread you'll find My Rules and attachments - hopefully all the information you needed to build a chart.
Willem Forex recipe for success = Patience, discipline & hard work.
 
 
  • Post #1,706
  • Quote
  • Jul 11, 2007 11:07am Jul 11, 2007 11:07am
  •  bshadroo
  • | Joined Apr 2007 | Status: Member | 1,126 Posts
hi dear golfer
i,ve got a skype id : bshadroo
whould you please add me?
thx
 
 
  • Post #1,707
  • Quote
  • Jul 11, 2007 5:38pm Jul 11, 2007 5:38pm
  •  wonder
  • | Joined Jun 2007 | Status: Member | 37 Posts
Hi all,

I've just joined up with Skype, my username is macey1001, so if you guys could add me to your contact list, that would be greatly appreciated. Also, if you could let me know how you guys work the system.

Thanks

wonder
 
 
  • Post #1,708
  • Quote
  • Jul 12, 2007 3:33am Jul 12, 2007 3:33am
  •  emacro
  • | Joined May 2007 | Status: Member | 640 Posts
0731 GMT.
Attached Image (click to enlarge)
Click to Enlarge

Name: 20070712 EURJPY 0731 GMT.gif
Size: 19 KB
 
 
  • Post #1,709
  • Quote
  • Jul 12, 2007 5:10am Jul 12, 2007 5:10am
  •  Golfer
  • Joined Feb 2007 | Status: Member | 2,749 Posts
Quoting emacro
Disliked
0731 GMT.
Ignored
Be careful when there is a big candle like that - look at the pullback afterwards (time after the picture). Recovery right through the war zone.

I tend to ignore setups with big candles like that and then I wait for the price/pair to recover/show trend with smaller candles in the same direction.
Willem Forex recipe for success = Patience, discipline & hard work.
 
 
  • Post #1,710
  • Quote
  • Jul 12, 2007 8:09am Jul 12, 2007 8:09am
  •  bshadroo
  • | Joined Apr 2007 | Status: Member | 1,126 Posts
hi dear golfer
i've got a skype id : bshadroo
whould you please add me to skype chat?
thx
 
 
  • Post #1,711
  • Quote
  • Jul 12, 2007 8:14am Jul 12, 2007 8:14am
  •  Golfer
  • Joined Feb 2007 | Status: Member | 2,749 Posts
Quoting bshadroo
Disliked
hi dear golfer
i've got a skype id : bshadroo
whould you please add me to skype chat?
thx
Ignored
You're on the 5min chat Just what for somebody to post a Instant Message and you'll receive the chat.
Willem Forex recipe for success = Patience, discipline & hard work.
 
 
  • Post #1,712
  • Quote
  • Jul 12, 2007 2:38pm Jul 12, 2007 2:38pm
  •  miroslavdm
  • | Joined Jul 2007 | Status: Member | 22 Posts
Golfer, could you add me on chat?
Skype ID : miroslav_1909

Thanks
 
 
  • Post #1,713
  • Quote
  • Jul 12, 2007 10:44pm Jul 12, 2007 10:44pm
  •  petrol
  • | Joined Apr 2007 | Status: Member | 64 Posts
I found these books on a public site and I consider them as vital.
Take a look for a better understanding of the "hammer", "hanging man", "doji", "engulfing patern", "dark cloud cover" and all that continuation and reversal formations Eyevoltage was talking about some posts ago. Maybe his (exceptional) descriptions of the formations seemed tricky to some of you .. here are the explanations of his terms.

Believe me - they are well documented, full of exemples and vital to anyone who wants to become a trader.

Enjoy.

P.S. This first book is uploaded at rapidshare because it is 4Mega in weight. A month without any download will have it removed. If so ask for it and I will upload it again.

http://rapidshare.com/files/42611772...iques.rar.html
Attached File(s)
File Type: zip 17 Money Making Candlestick Formations.zip   41 KB | 1,310 downloads
 
 
  • Post #1,714
  • Quote
  • Jul 12, 2007 11:43pm Jul 12, 2007 11:43pm
  •  petrol
  • | Joined Apr 2007 | Status: Member | 64 Posts
Why don't you people come to talk in the skype chat room?

We are just a few in there but the discutions are very interesting and the most important they are taking place right at the moment the setup is developing. And we all can benefit from a group conversation and a group decision of geting-in or not geting in a trade.

You all are wellcome. I will give a (virtual and non-alchoolic) beer to everyone coming regulary ... http://www.planetsmilies.com/smilies.../party0018.gifhttp://www.planetsmilies.com/smilies.../party0018.gif
 
 
  • Post #1,715
  • Quote
  • Jul 13, 2007 2:41am Jul 13, 2007 2:41am
  •  bhkkrishna
  • | Joined Dec 2006 | Status: bhkkrishna | 20 Posts
please add me to skype chat my id is guptabhk thank you
 
 
  • Post #1,716
  • Quote
  • Jul 13, 2007 4:44am Jul 13, 2007 4:44am
  •  Ryurina
  • | Joined Jul 2007 | Status: Member | 65 Posts
Add me please to skype, my id is ryurina, thank you
 
 
  • Post #1,717
  • Quote
  • Jul 13, 2007 8:34am Jul 13, 2007 8:34am
  •  alexfot
  • | Joined May 2007 | Status: Member | 180 Posts
Add me to skype, pls, my iD is hiops12.
 
 
  • Post #1,718
  • Quote
  • Jul 13, 2007 8:56am Jul 13, 2007 8:56am
  •  lostfx
  • | Joined Sep 2006 | Status: Member | 124 Posts
Please add me too to the skype chat. Skype ID: lostfx

Thanks,

LostFX
"All good things come to those who wait..."
 
 
  • Post #1,719
  • Quote
  • Jul 13, 2007 10:19am Jul 13, 2007 10:19am
  •  nyachty
  • | Joined Nov 2005 | Status: Member | 26 Posts
Please add me to the chat nyachty
 
 
  • Post #1,720
  • Quote
  • Jul 13, 2007 10:45am Jul 13, 2007 10:45am
  •  rem
  • | Joined Mar 2007 | Status: Member | 36 Posts
could someone place a link to "5 min" skype chat ?
Tia
Rem
 
 
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