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Another simple system - Time-Frame 15

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  • Post #381
  • Quote
  • Mar 22, 2012 4:23am Mar 22, 2012 4:23am
  •  matlobien
  • Joined May 2009 | Status: Faith will move a mountain | 857 Posts
Quoting loveevery1
Disliked
Practice these 3 things and win in forex...


1) Patience

2) Grab your PIPs

3) Run away
Ignored

Brilliant mate.

 
 
  • Post #382
  • Quote
  • Mar 22, 2012 7:02am Mar 22, 2012 7:02am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
There were few nice setups today...did any of you take it...? a text book trade on AU for 27 pips any one caught it?
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Let all the living things live blissfully
 
 
  • Post #383
  • Quote
  • Mar 22, 2012 8:42am Mar 22, 2012 8:42am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting matlobien
Disliked
Brilliant mate.

Ignored
thanks mate
Let all the living things live blissfully
 
 
  • Post #384
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  • Mar 22, 2012 8:46am Mar 22, 2012 8:46am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
another text book trade on USDCAD

anyone?
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  • Post #385
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  • Mar 22, 2012 9:11am Mar 22, 2012 9:11am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
another text book trade on USDCAD

anyone?
Let all the living things live blissfully
 
 
  • Post #386
  • Quote
  • Mar 22, 2012 9:19am Mar 22, 2012 9:19am
  •  sachigi
  • | Joined May 2011 | Status: Member | 63 Posts
Quoting loveevery1
Disliked
another text book trade on USDCAD

anyone?
Ignored

Hi Lovee i saw that one i took it in my demo, where did you put ypur TP. Thank´s, my english is not to good you know i´m from Colombia.
 
 
  • Post #387
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  • Mar 22, 2012 11:30am Mar 22, 2012 11:30am
  •  sachigi
  • | Joined May 2011 | Status: Member | 63 Posts
Quoting loveevery1
Disliked
another text book trade on USDCAD

anyone?
Ignored
Mate! excuse me for ask this... what do you mean whit text book trade? thank you
 
 
  • Post #388
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  • Mar 22, 2012 11:59am Mar 22, 2012 11:59am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting sachigi
Disliked
Mate! excuse me for ask this... what do you mean whit text book trade? thank you
Ignored
TEXT BOok trade means you are supposed to take the trade the way it is described..when exact rules are met
Let all the living things live blissfully
 
 
  • Post #389
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  • Mar 22, 2012 12:00pm Mar 22, 2012 12:00pm
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting sachigi
Disliked
Hi Lovee i saw that one i took it in my demo, where did you put ypur TP. Thank´s, my english is not to good you know i´m from Colombia.
Ignored
Hi sachigi...i did not take any trades today.but if i have taken that trade i would have put my SL 5 pips below the 200ema ....
Let all the living things live blissfully
 
 
  • Post #390
  • Quote
  • Mar 22, 2012 10:20pm Mar 22, 2012 10:20pm
  •  shawn3245
  • | Joined Mar 2012 | Status: Member | 106 Posts
Hello all!

Well I have been trading and now more then ever realized that I need a metatrader of some sort. The problem is that I have an Apple iMac which there are not any metatrader programs for. I have come up with Crossover which allows iMacs to run window based programs which is the platform metatrader runs on. Does anyone recommend a curtain metatrader and what are the cost involved/min investment to trade?

Thanks

Shawn
 
 
  • Post #391
  • Quote
  • Mar 23, 2012 4:04am Mar 23, 2012 4:04am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
I will be trading today...folks..lets c what the market is going to do today..
Let all the living things live blissfully
 
 
  • Post #392
  • Quote
  • Mar 23, 2012 4:07am Mar 23, 2012 4:07am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
32500 is a good resistance level for the pair..however there were more buyers in the european session..so it could even break through..nothing is 100% in forex...lets wait and watch the game
Let all the living things live blissfully
 
 
  • Post #393
  • Quote
  • Mar 23, 2012 4:44am Mar 23, 2012 4:44am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting loveevery1
Disliked
32500 is a good resistance level for the pair..however there were more buyers in the european session..so it could even break through..nothing is 100% in forex...lets wait and watch the game
Ignored
So it actually broke that level..hooray
Let all the living things live blissfully
 
 
  • Post #394
  • Quote
  • Mar 23, 2012 5:38am Mar 23, 2012 5:38am
  •  Verbal
  • | Joined Nov 2011 | Status: Member | 107 Posts
EURUSD loser trade from yesterday:
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  • Post #395
  • Quote
  • Mar 23, 2012 6:09am Mar 23, 2012 6:09am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting Verbal
Disliked
EURUSD loser trade from yesterday:
Ignored
hello verbal...i woudnt have taken that trade if i was you.there is only one reason..

just that single candle has reached the days ADR mate...watch out for everything before you take a trade...it was over 120 pips...nobody would dare enter that candle..
Let all the living things live blissfully
 
 
  • Post #396
  • Quote
  • Mar 23, 2012 6:12am Mar 23, 2012 6:12am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting loveevery1
Disliked
hello verbal...i woudnt have taken that trade if i was you.there is only one reason..

just that single candle has reached the days ADR mate...watch out for everything before you take a trade...it was over 120 pips...nobody would dare enter that candle..
Ignored

this is why i say that we can automate trades by using ROBO...its purely human discretion.
Let all the living things live blissfully
 
 
  • Post #397
  • Quote
  • Mar 23, 2012 6:18am Mar 23, 2012 6:18am
  •  Verbal
  • | Joined Nov 2011 | Status: Member | 107 Posts
Would you elaborate on ADR? I thought we were supposed to enter when the candles are strong(?) ...Ok the candle's wick was actually too long.

Quoting loveevery1
Disliked
this is why i say that we can automate trades by using ROBO...its purely human discretion.
Ignored
 
 
  • Post #398
  • Quote
  • Mar 23, 2012 6:38am Mar 23, 2012 6:38am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting Verbal
Disliked
Would you elaborate on ADR? I thought we were supposed to enter when the candles are strong(?) ...Ok the candle's wick was actually too long.
Ignored
Average Daily Range (ADR)

The number of pips a pair moves from top to botton after the day opens is called adr
for example

EU will move from top to bottom on a given day for 120-140 pips.
after it reaches its ADR the pair will not move furthur and opposite will happen.there are traders who trade only the ADR singals.
i will attach an indicator
Attached File(s)
File Type: mq4 Daily Range PeterE.mq4   2 KB | 1,986 downloads
Let all the living things live blissfully
 
 
  • Post #399
  • Quote
  • Mar 23, 2012 7:22am Mar 23, 2012 7:22am
  •  Verbal
  • | Joined Nov 2011 | Status: Member | 107 Posts
loveevery1,

Good point thanks.
I guess it's a general MT4 question. Do you know how to get the values of the indie in the past when back testing? I mean to see the ADR of yesterday with Peter's indie.


Quoting loveevery1
Disliked
Average Daily Range (ADR)

The number of pips a pair moves from top to botton after the day opens is called adr
for example

EU will move from top to bottom on a given day for 120-140 pips.
after it reaches its ADR the pair will not move furthur and opposite will happen.there are traders who trade only the ADR singals.
i will attach an indicator
Ignored
 
 
  • Post #400
  • Quote
  • Mar 23, 2012 11:43am Mar 23, 2012 11:43am
  •  alright
  • | Joined Aug 2008 | Status: Probably newbie | 160 Posts
Hi loveevery1.
First of all let me thank you for sharing this nice simple system. I bumped into this thread only today and managed to read it in a few hours, then decided to apply it live (on a demo of course) and that's some trades I took. I just closed them as a basket but there's a chance they will run longer, although London close is near and it's Friday. The reason why I'm posting them is mainly to ask you to check and confirm my entries. I have the feeling I will backtesting it to death this weekend LOL Thanks again and may the pips be with us all.


Edit: LOL I just realised that my trades do not match the rules as clearly shown by you in this post http://www.forexfactory.com/showthre...31#post5478931. It looks like it will take some more charting time for me to get the whole thing, but as I said, I'm determined to spend the next few days on backtesting. Hopefully I will see the light some time
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