Another simple system - Time-Frame 15 | Page 1015 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi time frame Simple MACD system 824 replies

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: Another simple system - Time-Frame 15
Exit Attachments

Another simple system - Time-Frame 15

  • #20,281
  • Mar 14, 2013 6:16am Mar 14, 2013 6:16am
  •  Hcp
  • | Joined Feb 2008 | Status: Everything Has the Meaning You Give | 74 Posts
Quoting Vantage
Jumping in for fear of missing out, one of the problems you have to over come real quick. There are system trades virtually every day in each session. If you miss a move let it go there are more valid trades just around the corner. In your particular case it was 30 mins later but who cares if its the next day or the next.

Having a none system trade work is I think one of the worst things that can happen to you, for many reasons.

Vantage

I valueyour reply very much, I was only meaning I decided to take the big risk (withlower lots) because I ve seen this case before as the pic attached: a doji after abig candle. known read many times alsothat doji at sup/ res there s probable reverse trend (no doubt about this) Also been kicked many times near a BRN(in thiscase with a doji on 1H chart). Looking for high probability trades shouldn ttaken none (or wait for theconfirmation). My fault. Many thanksMaster. I need your opinion because any doubt I solve goes making my systemtrade works and disciplined
Attached Images
  • #20,282
  • Mar 14, 2013 6:22am Mar 14, 2013 6:22am
  •  Hcp
  • | Joined Feb 2008 | Status: Everything Has the Meaning You Give | 74 Posts
EU +12. on 1H chart.
Attached Image
  • #20,283
  • Mar 14, 2013 6:36am Mar 14, 2013 6:36am
Quoting Hcp
EU +12. on 1H chart.
http://www.forexfactory.com/attachme...1&d=1363260138

Don't mind me asking here: Why only 12pips?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,284
  • Mar 14, 2013 6:47am Mar 14, 2013 6:47am
  •  Hcp
  • | Joined Feb 2008 | Status: Everything Has the Meaning You Give | 74 Posts

Emmanuel7788,last night (for me)i was watching AU and did see that DIB on 4H, and draw the TL, anddraw the box, and saw the doji (or pinbar?) candlewhen first went down to test BRN, and did see that doji broke the box, andthought wait for a retest, When was back, also saw the great break, my fault, .I do believe but generally market you know… hit me.

How do youmanage fiveRs? You enter 5 diferent trades? Or you have an expert for closingparts?
thank you very much.
Attached Image
  • #20,285
  • Mar 14, 2013 6:59am Mar 14, 2013 6:59am
  •  Hcp
  • | Joined Feb 2008 | Status: Everything Has the Meaning You Give | 74 Posts
Quoting emmanuel7788
http://www.forexfactory.com/attachme...1&d=1363260138

Don't mind me asking here: Why only 12pips?
You are right, i asked myself too. thats because i had the lvoe expert attached to another chart and i didn t make out. some times this expert is a help and sometimes takes out depriving winning more pips. (sorry my language please)

By now i m putting it al efort in the entries, without knowing that, having doing this , the exit takes the relevance, and bad exits makes my account go negative.
thank you Master.
  • #20,286
  • Mar 14, 2013 7:26am Mar 14, 2013 7:26am
Quoting Hcp
You are right, i asked myself too. thats because i had the lvoe expert attached to another chart and i didn t make out. some times this expert is a help and sometimes takes out depriving winning more pips. (sorry my language please)

By now i m putting it al efort in the entries, without knowing that, having doing this , the exit takes the relevance, and bad exits makes my account go negative.
thank you Master.
that was the right thing to do, imo. news out in 5 min, and we are at yesterday's low.
  • #20,287
  • Mar 14, 2013 7:48am Mar 14, 2013 7:48am
that's one hell of a rejection at the bottom, imo. lol
  • #20,288
  • Mar 14, 2013 8:03am Mar 14, 2013 8:03am
Quoting pkimnyc
that's one hell of a rejection at the bottom, imo. lol
EU? I smell a trap.
  • #20,289
  • Mar 14, 2013 8:36am Mar 14, 2013 8:36am
Quoting jordfx
EU? I smell a trap.
could be, but anything you are seeing on your end?
  • #20,290
  • Mar 14, 2013 8:42am Mar 14, 2013 8:42am
Quoting jordfx
EU? I smell a trap.
I long EU at 1,29217!
  • #20,291
  • Mar 14, 2013 9:11am Mar 14, 2013 9:11am
Quoting pkimnyc
could be, but anything you are seeing on your end?
Price my friend. Just price. With an eye on momentum and energy.
  • #20,292
  • Mar 14, 2013 9:15am Mar 14, 2013 9:15am
Quoting kaka_ht
I long EU at 1,29217!
Risky entry. You should have waited for the one hour candle to close(Also 4 hour close) to confirm that rejection. In any case move to BE asap. Could be foxes about. When they bored, bulls and bears are slaughtered. Only the fox survives. Only the fox.
  • #20,293
  • Mar 14, 2013 9:16am Mar 14, 2013 9:16am
Quoting jordfx
Price my friend. Just price. With an eye on momentum and energy.
interesting... but, why do you think they dropped it (price) before the news release? right to the yesterday's low?

even in case euro go sour, i have some backups. no worries mate.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable_9.gif Size: 16 KB
Click to Enlarge Name: geppy_15.gif Size: 21 KB
  • #20,294
  • Mar 14, 2013 9:21am Mar 14, 2013 9:21am
Quoting jordfx
Risky entry. You should have waited for the one hour candle to close(Also 4 hour close) to confirm that rejection. In any case move to BE asap. Could be foxes about. When they bored, bulls and bears are slaughtered. Only the fox survives. Only the fox.
I have just closed all my GU and EU long!
  • #20,295
  • Mar 14, 2013 9:28am Mar 14, 2013 9:28am
Quoting pkimnyc
interesting... but, why do you think they dropped it (price) before the news release? right to the yesterday's low?

even in case euro go sour, i have some backups. no worries mate.
. Same first entry here(but on EU). Closed for 50pips. Just re-entered again now. .
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 41 KB
  • #20,296
  • Mar 14, 2013 9:33am Mar 14, 2013 9:33am
Quoting jordfx
. Same first entry here but closed for 50pips. Just re-entered again now. .
re-entered which one? geppy? euro? cable?
  • #20,297
  • Mar 14, 2013 9:38am Mar 14, 2013 9:38am
Quoting pkimnyc
re-entered which one? geppy? euro? cable?
Took mine on EU. Across yesterday low to todays Asia high.
  • #20,298
  • Mar 14, 2013 9:41am Mar 14, 2013 9:41am
Quoting jordfx
. Same first entry here(but on EU). Closed for 50pips. Just re-entered again now. .
i don't know man.
Attached Image (click to enlarge)
Click to Enlarge Name: euro_002.gif Size: 15 KB
  • #20,299
  • Mar 14, 2013 9:43am Mar 14, 2013 9:43am
Quoting kaka_ht
I have just closed all my GU and EU long!
Didn't say your trade was wrong. Just risky entry.
  • #20,300
  • Mar 14, 2013 9:44am Mar 14, 2013 9:44am
Quoting pkimnyc
i don't know man.
I understand NOTHING ..
JacekPreserve Precious Capital
2 traders viewing now