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5Min Intraday System

  • #981
  • Apr 17, 2007 11:34pm Apr 17, 2007 11:34pm
Quoting chuck_nice
Blanca,
1.Can you explain what you look for before you decide to take a trade? You seem to be having great sucess. Are you using Phillip's strategy with the template that is setup on MT4 or are you using a deviation of this strategy where the retracement doesn't necessarily have to close in the 10-21EMA channel?
2. What time do you start trading for the day?
3. Are you currently using skype? It would be a great assest I think to all of us to have you in the chatroom to see live what you see when trading.

Charles
I haven't really used Skype before however I have downloaded it and have even bought a headset designed for it's use but how and when can I use it for joining in the chat room? Can anyone be of help in this area? I am on the West Coast in the US.

Thanks!
Pip Hunter
PipHunter
  • #982
  • Apr 17, 2007 11:55pm Apr 17, 2007 11:55pm
Quoting Pip Hunter
I haven't really used Skype before however I have downloaded it and have even bought a headset designed for it's use but how and when can I use it for joining in the chat room? Can anyone be of help in this area? I am on the West Coast in the US.

Thanks!
Pip Hunter
Whoever would like to join the chat, I believe I can invite you. I originally contacted endy and he was the one that invited me to the chat.

Just PM me your skype username and I should be able to invite ya.
  • #983
  • Apr 18, 2007 1:35am Apr 18, 2007 1:35am
Quoting billser
What trading room is that please.
It is the "5min forex strategy" on skype. Phillip Nel is in the room during some of the US session hours.
  • #984
  • Apr 18, 2007 2:48am Apr 18, 2007 2:48am
sure i`d like to connect to skype but how do i find the 5min strategy room?
  • #985
  • Apr 18, 2007 3:01am Apr 18, 2007 3:01am
Quoting blanca
sure i`d like to connect to skype but how do i find the 5min strategy room?
After you have setup a skype account and you get a username you can either PM it to me in skype or PM it to me on FF and I will invite you into the room. When your name is on the invite list, you will get a little popup at the bottom right corner of your computer screen when people start to chat in the room. My skype username is chuck_s1.
  • #986
  • Apr 19, 2007 5:19pm Apr 19, 2007 5:19pm
hi,

today the london and new york session were very quiet for majors, but the jpy pairs had more move, although had few 5mins signals, more 1min signals, right now asian session is giving some few signals right now long eurjpy 5mins 161.20.
  • #987
  • Apr 19, 2007 8:13pm Apr 19, 2007 8:13pm
Looks Like U/j Might Be Setting Up 1:13 Gmt
  • #988
  • Apr 20, 2007 5:53am Apr 20, 2007 5:53am
eurjpy long 161.72 -12
gbpusd long 2.0045 -14


extremely slow london session, i`ll try to see 1min charts if they give a chance.
  • #989
  • Apr 20, 2007 7:25am Apr 20, 2007 7:25am
It is friday after all. I managed to eek out 10 on ej short, but -5 eu and -12 gu. But still up 20 for the week.

Maybe after CAD retail sails we'll get some movement.
  • #990
  • Apr 20, 2007 9:28am Apr 20, 2007 9:28am
Today was one of those days. Not much going on. In fact two wrong deals. Some you win some you dont. Gbp did not play with
  • #991
  • Edited 12:39pm Apr 20, 2007 12:02pm | Edited 12:39pm
Quoting fxjourney
OK, there are 3 files you require to run a chart:

1. 5min intraday method.tpl - this is the template file
2. PhilNelSignals.ex4 - the indicator that paints entry signals on the chart
3. SMAAngle.ex4 - the indicator that works in conjunction with 2.

First and foremost - special thanks to Dariuske for the development of the indicators.

File 1. must be copied into the 'template' folder of MT4
File 2. and 3. must be copied into the 'experts/indicators' folder

Once you have done this restart MT4 and open a new eur/usd or cable chart. Then place the cursor on the chart and right click - select 'templates' and then select the 5min intraday method' template. MT4 will do the rest.

Please let me know if you have problems.
I just put oll of these files into Metatrader and tried to reopen the system and now I can't open my trading platform....Any ideas as to what happened or how to fix it.

Thanks

Billser

Edit: Got the Platform up and running...NOW the EA will not load...any thoughts...thanks again
It's All About Attitude ...
  • #992
  • Apr 22, 2007 1:35pm Apr 22, 2007 1:35pm
pretty good... u guys trading this today on any currency pairs?
  • #993
  • Apr 22, 2007 6:14pm Apr 22, 2007 6:14pm
If anyone is interested or wondering of the basic validity of this set up 10/21/50, go to Fx street . com and look on the front page where they show a couple of charts. Look at the settings for the EMA's.
This is a valid system if one uses proper discretion and money management.
Stan
  • #994
  • Apr 22, 2007 8:11pm Apr 22, 2007 8:11pm
Hi fxjourney

I manage to get the 5min intraday method.tpl uploaded and it is now running perfectly.

But I don't see any signal for entry on the chart after copied the PhilNelSignals.ex4 and SMAangle.ex4 copied into the expert/indicator. In fact, both files are not able to locate under the indicator folder.

May you kindly advise the steps that I have missed out here????

Thanks!

TSK




Quoting fxjourney
OK, there are 3 files you require to run a chart:

1. 5min intraday method.tpl - this is the template file
2. PhilNelSignals.ex4 - the indicator that paints entry signals on the chart
3. SMAAngle.ex4 - the indicator that works in conjunction with 2.

First and foremost - special thanks to Dariuske for the development of the indicators.

File 1. must be copied into the 'template' folder of MT4
File 2. and 3. must be copied into the 'experts/indicators' folder

Once you have done this restart MT4 and open a new eur/usd or cable chart. Then place the cursor on the chart and right click - select 'templates' and then select the 5min intraday method' template. MT4 will do the rest.

Please let me know if you have problems.

Thanks
  • #995
  • Apr 22, 2007 8:32pm Apr 22, 2007 8:32pm
Long gbpjpy 238.18 03:25 metatrader time
  • #996
  • Apr 23, 2007 2:53am Apr 23, 2007 2:53am
today several good trades, all short

usdjpy 2 for +10 and -2

eurjpy 2 for +15

gbpjpy 2 for +13 you can see them all clealry in the charts.
  • #997
  • Apr 23, 2007 9:52am Apr 23, 2007 9:52am
I see some people making nice pips. Well done. Still on holiday. not really spending time on 5min strategy. Will chat next week again. Good pipping.
  • #998
  • Apr 23, 2007 2:56pm Apr 23, 2007 2:56pm
Atached just interesting pattern formations combined with Phillip's system. Not to be ignored and it could assist one with the point of enter along with Phillip's advice.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euru4 20070423 acsending triangle formation great example.jpg Size: 73 KB
Click to Enlarge Name: eurjpy 20070423 flag formation great example.jpg Size: 80 KB
Willem Forex recipe for success = Patience, discipline & hard work.
  • #999
  • Apr 23, 2007 3:19pm Apr 23, 2007 3:19pm
Attached two more triangle formation with Phillip's 5 min system - very interesting entry points. Also interesting to note the resistance and/or support before the "breakout". Not the steep pullback towards the war zone.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy 20070416 decending triangle formation great example.jpg Size: 75 KB
Click to Enlarge Name: eurjpy 20070418 acsending triangle formation great example.jpg Size: 78 KB
Willem Forex recipe for success = Patience, discipline & hard work.
  • #1,000
  • Apr 23, 2007 3:25pm Apr 23, 2007 3:25pm
How about this flag formation to assist with entry? What do you all think of the pattern formation and the 5 min system?

With that - 1 000 posts. Well done, Phillip!!!!!!!!!!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy 20070413 flag formation great example.jpg Size: 68 KB
Willem Forex recipe for success = Patience, discipline & hard work.
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