Options

Search
Search
Search

Subscribe to Thread

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 169 replies

5 Minute SL&TP Trading System 4 replies

Gamblers 5 and 15 minute trading system 289 replies

The 5 minute TF S&R trading system

Quoting onlyghost
Hi erasmus66

I'm with you on that particular difficult.

IMHO i think FXPIVOTS may give us an hedge, refreshing his method.

Thanks
Hi Ghost. That is exact problem I was clarifying with FX a few posts back. ... Have a look.
Wait-Execute-Manage (:waiting: - the longest part)
Quoting onlyghost
Nice shot. I've to learn shoot like this.
Well, IMO better would be to go with the flow.... (Selective) Long at 3220 for about 12-13 pips , BE at 10 pips.

Anyhow congratz for successfull trade, albeit a lucky one.
Wait-Execute-Manage (:waiting: - the longest part)
Quoting snail69
Well, IMO better would be to go with the flow.... (Selective) Long at 3220 for about 12-13 pips , BE at 10 pips.

Anyhow congratz for successfull trade, albeit a lucky one.
Hi Snail69,

That trade was 50-50 and i agree you when you say it's better to go with the flow.

I wish you and everyone who share knowledge with us a happy new year.

Thanks.
Something on divergences.


http://www.trading-naked.com/Divergence.htm
Wait-Execute-Manage (:waiting: - the longest part)
Is this FX trying to teach us ?
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 89 KB
Wait-Execute-Manage (:waiting: - the longest part)
Up movement
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 85 KB
Wait-Execute-Manage (:waiting: - the longest part)
Attached Image (click to enlarge)
Click to Enlarge Name: 30122012.PNG Size: 72 KB
you wont get simpler than this, 5 min chart and zoom in. see the highs/lows and trade them, thats a 20 ma on chart but it means nothing
A UNICORN IS FOR LIFE NOT UNTIL IT GIVES A BAD TRADE
looks like your walking up stairs. you get the analogy
Quick 3% Trade
10 pip SL & TP.
Bounce off of previous level (support turned resistance) with a mini 123.
Took the break of 2 (watched the 1 min chart)

Attached Image (click to enlarge)
Click to Enlarge Name: 12-30-2012 9-13-50 PM.jpg Size: 96 KB


I was watching for a break and retest of this consolidation.
Yellow box - arrow is retest.
Zoomed out 5 min chart

Attached Image (click to enlarge)
Click to Enlarge Name: 12-30-2012 10-23-07 PM.jpg Size: 92 KB
Attitude can reflect outcome in life and trading!
Quoting krmo
Quick 3% Trade
10 pip SL & TP.
Bounce off of previous level (support turned resistance) with a mini 123.
Took the break of 2 (watched the 1 min chart)

Attachment 1107652

I was watching for a break and retest of this consolidation.
Zoomed out 5 min chart

Attachment 1107663
Be careful with the 1 minute chart. Often times consolidation on the 1 min can look like valid entries and end up taking pips.
But the second mouse gets the cheese
Quoting Good Lookin
Be careful with the 1 minute chart. Often times consolidation on the 1 min can look like valid entries and end up taking pips.
Thanks for the heads up!
Attitude can reflect outcome in life and trading!
Krmo, good that you got it. As GL is saying, carefull with these shallow set ups.

Personally will take only, "selective" 12-15 pips loaded take outs...as suggested by FX.

Apart from that, sometimes divergency trade.
Wait-Execute-Manage (:waiting: - the longest part)
Quoting snail69
Krmo, good that you got it. As GL is saying, carefull with these shallow set ups.

Personally will take only, "selective" 12-15 pips loaded take outs...as suggested by FX.

Apart from that, sometimes divergency trade.
Yeah, you know hindsight!
I have the M15, M5 and M1 charts open.
I take the trades based on the M5.
Use the M15 for a bigger picture.
And the M1 more for looking for early signs of momentum.

I broke or more like forgot to check one of my own rules.
I did not have at least 15 pips from entry to next level down.
I am only taking 10 pip trades right now at 3%.
So I want to have the potential for 15-18 pips available to me.

Each trade (win or lose) is progress as long as I learn from it!
Attitude can reflect outcome in life and trading!
All the best to everyone in the coming year 2013 !
Attached Image (click to enlarge)
Click to Enlarge Name: snake.jpg Size: 84 KB
Wait-Execute-Manage (:waiting: - the longest part)
happy new year everybody! wishing you all the best in 2013
Year of the Snake?!
We will wiggly our way through the market this coming year!
Happy New Year all!........
Attitude can reflect outcome in life and trading!
Best Wishes to everyone for 2013
A UNICORN IS FOR LIFE NOT UNTIL IT GIVES A BAD TRADE
Happy new year all!
good luck to the numberless clear tradings
Balucapt do not fight, be in the business!
Today trades.

1st - closed for BE - did not like possible abc forming .

2nd - all in place - as per selective FX rules - winner +15 ( even spread is 2-3 pips on Oanda)

Again, FX, thank you for showing the way !
Attached Image (click to enlarge)
Click to Enlarge Name: today trades - jan-2-2013.jpg Size: 202 KB
Wait-Execute-Manage (:waiting: - the longest part)
Quoting snail69
Today trades.

1st - closed for BE - did not like possible abc forming .

2nd - all in place - as per selective FX rules - winner +15 ( even spread is 2-3 pips on Oanda)

Again, FX, thank you for showing the way !
Glad you can see it clearly, easy part is over! Now go make some goals and achieve them!
But the second mouse gets the cheese
Thread Tools Search this Thread
Search this Thread:

Advanced Search

0 traders viewing now