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- Ishak replied Dec 2, 2007
15 min — Now we'll wait for the break of this range, (try not to get caught in a fake breakout).
Cable Update (GBPUSD)
- Ishak replied Dec 2, 2007
gbp range on 5 MIN chart — QS, I traded the same range also to scalp 10-15 pips both way. BTW your overall analysis are brilliant, keep posting. We really appreciate your insights.
Cable Update (GBPUSD)
- Ishak replied Nov 30, 2007
Hope you took your profits and got out. It's going to be a bumpy ride.
Cable Update (GBPUSD)
- Ishak replied Nov 30, 2007
Wow, by the time I finished writing the last post, I scalped 22 pips with a short position in less than a few minutes. Not my usual, but works for a day like today.
Cable Update (GBPUSD)
- Ishak replied Nov 30, 2007
You are absolutely right. I did very well yesterday. Gave a few back today shorting the pair. Scalped some back with the a quick long position. I'll wait for now.
Cable Update (GBPUSD)
- Ishak replied Nov 30, 2007
Bear Flag — Hello everyone. What do you guys think about this. Looks like a Bear Flag?
Cable Update (GBPUSD)
- Ishak replied Oct 31, 2007
I appreciate your query. I am also on a journey to learn how to trade better. My goal is to understand and simplify. Following a set of rules is important. I welcome all ideas. Golfer is doing a great job refining and tweaking the system since the ...
5Min Intraday System
- Ishak replied Oct 30, 2007
fib trade — It was a high probability setup. Only reason I sold gbp: 50% fib level. Basically to scalp 5 - 8 pips, even though it gave more. After a substantial move GBP normally pullback to 50% level, most of the time.
5Min Intraday System
- Ishak replied Oct 30, 2007
fib trade — here is one of my trade from late asian session yesterday, based on fib retracement. The down arrow is where I entered- price was at 50% retracement level. I got out early (the arrow up). Click on pic to enlarge:
5Min Intraday System
- Ishak replied Oct 29, 2007
fibs — In this example 50% fib was again a perfect entry point to sell euro/usd after the trend exhausted and price pulled back. Here the ema's were not giving a clear entry signal, but 50% fib area worked like magic. Initially, I added fibs ...
5Min Intraday System
- Ishak replied Oct 29, 2007
fibs — Good question. Both areas are good for entry. I like to open a trade at 38% and surely at 50% retracement level. As we know in a very fast trend, price will only pullback to 10 ema, in a medium trend: pullback to 21ema, slow trend: ...
5Min Intraday System
- Ishak replied Oct 29, 2007
today's trade in Asian session — Set up: Nice n pretty
5Min Intraday System
- Ishak replied Oct 28, 2007
Thanks Willem, People normally complicate things, instead of simplifying. I am just beginning to learn to do the other way (simplify). Basic and most important trading ideas are very simple and easy to find for free. Can't even imagine life before ...
5Min Intraday System
- Ishak replied Oct 28, 2007
fibs — Do your research on Fibonacci retracements. In a nutshell, when you see a break out and substantial move, expect the price to retrace about 50%. After a breakout, most of the time, price always pullbacks and then resume in the direction ...
5Min Intraday System
- Ishak replied Oct 26, 2007
euro/jpy late asian break-out/pullback trade — Hi guys. I am also using fibs retracement area to enter the pullback. 50% fib providing a pretty good entry point, as this trade shows. net +14 pips
5Min Intraday System
- Ishak replied Oct 10, 2007
today's trade in Asian session — Today after the GBP news, +14 pips, still in the trade.
5Min Intraday System
- Ishak replied Oct 10, 2007
Good work willem. As you see it is all about price action not mechanical rules. 50 MA is very strong dynamic support area and a bounce-off provides high probability trade set-up. Knowing candlesticks helps alot. Fibs are working pretty good for me ...
5Min Intraday System
- Ishak replied Oct 10, 2007
european session — Hard work, patience, crossovers and fib retracements = profitable trades.
5Min Intraday System