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Another simple system - Time-Frame 15

  • #29,861
  • Aug 21, 2019 9:57am Aug 21, 2019 9:57am
Quoting Pat Chiko
GBP USD Scalping again..... SL 7,3 pips I'm Newbie {image}

GBP USD


Closed all scalping position
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #29,862
  • Aug 21, 2019 10:38am Aug 21, 2019 10:38am
EUR GBP


Scalping

SL 7,5 pips



I'm Newbie
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #29,863
  • Aug 21, 2019 11:38am Aug 21, 2019 11:38am
Quoting Pat Chiko
EUR GBP Scalping SL 7,5 pips I'm Newbie {image}
EUR GBP


SL -7,5 pips


I'm Newbie
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #29,864
  • Aug 21, 2019 11:48am Aug 21, 2019 11:48am
Quoting Pat Chiko
{quote} EUR GBP SL -7,5 pips I'm Newbie {image}
EUR GBP


Re-entry

SL 6,2 pips


I'm Newbie
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  • #29,865
  • Aug 22, 2019 12:49am Aug 22, 2019 12:49am
Quoting Pat Chiko
{quote} EUR GBP Re-entry SL 6,2 pips I'm Newbie {image}
EUR GBP


I Give up. Closed trade.

Wait for breakout




I'm Newbie
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  • #29,866
  • Aug 22, 2019 3:14am Aug 22, 2019 3:14am
USD CAD


Scalping


SL 9,1 pips


I'm Newbie
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Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #29,867
  • Aug 22, 2019 6:57am Aug 22, 2019 6:57am
Quoting Pat Chiko
USD CAD Scalping SL 9,1 pips I'm Newbie {image}
USD CAD


Scalping


SL Hit -9,1 pips


I'm Newbie
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  • #29,868
  • Aug 22, 2019 8:42am Aug 22, 2019 8:42am
USD CAD


Scalping ( Re-entry )



SL 10,3 pips




I'm Newbie
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  • #29,869
  • Aug 22, 2019 9:00am Aug 22, 2019 9:00am
Quoting Pat Chiko
USD CAD Scalping ( Re-entry ) SL 10,3 pips I'm Newbie {image}
USD CAD


Closed position

Weak PMI data


Breakeven




I'm Newbie
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  • #29,870
  • Aug 23, 2019 11:22pm Aug 23, 2019 11:22pm
CAD JPY

SHORT SET UP


Begin with set up chart

Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy 100.jpg Size: 328 KB


Price must break below 200ema and 10ema. Wait for pullback!, don't chase price.


Detail entry


Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy 101.jpg Size: 82 KB


Enter as close as possible at RN and 10ema , with formation of DOJI, sometimes it form inverted hammer or Pin Bar.


Exit

Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy 102.jpg Size: 269 KB


RN or last swing low is good location for TP.


NOTE : In fact before you take any trade, it is advisable to look at H4 to have a clue on where price is now in relation to trade you're about to take. Kind of seeing the big picture. In H4 you can clearly see price is making LH.


Peace

I'm Newbie
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #29,871
  • Aug 23, 2019 11:40pm Aug 23, 2019 11:40pm
Quoting Pat Chiko
CAD JPY SHORT SET UP Begin with set up chart {image} Price must break below 200ema and 10ema. Wait for pullback!, don't chase price. Detail entry {image} Enter as close as possible at RN and 10ema , with formation of DOJI, sometimes it form inverted hammer or Pin Bar. Exit {image} RN or last swing low is good location for TP. NOTE : In fact before you take any trade, it is advisable to look at H4 to have a clue on where price is now in relation to trade you're about to take. Kind of seeing the big picture. In H4 you can clearly see price is making...

CAD JPY

I'm sure you notice my entry was ahead of RN and before the close of DOJI ?..... Yes... I CHEATED....!!!


I combine some other method to fine tune my entry, so I can get ahead in entry and conformed the set up is good.

Here's the set up chart on Quasimodo aka QM. I use 5M to find low risk and minimize my SL.



Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy 103.jpg Size: 266 KB



You have to commit to the set up. Always find the best entry. Need a bit of focus patience for set up to formed.


Good Luck


I'm Newbie Jilake
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #29,872
  • Aug 24, 2019 12:00am Aug 24, 2019 12:00am
NZD USD


QUIZ TIME


Attached Image (click to enlarge)
Click to Enlarge Name: nu 100.jpg Size: 279 KB



Nice set up. Easily 17,1 pips profit., but then price shoot up.

WHY ?

If I get 100 like button, I will share you the secret....


Waiting... waiting... waiting


I'm Newbie Jilake
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #29,873
  • Aug 24, 2019 3:42am Aug 24, 2019 3:42am
Quoting Pat Chiko
NZD USD QUIZ TIME {image} Nice set up. Easily 17,1 pips profit., but then price shoot up. WHY ? If I get 100 like button, I will share you the secret.... Waiting... waiting... waiting I'm Newbie Jilake
strong daily resistance zone, TDI reached 32, high impact news on USD, weak channel downtrend on M15 frame, friday near market close, if I am in this trade, I will BE when I see pinbar near M15 swing low like 15 pips, and close half position.
  • #29,874
  • Aug 26, 2019 8:01am Aug 26, 2019 8:01am

GBP JPY


Scalping SL


Sl 19,4 pips




I'm Newbie Jilake




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  • #29,875
  • Edited 8:30am Aug 26, 2019 8:16am | Edited 8:30am
GBP JPY


System view on trade.



Note: Price is going down to retest the support area. (Close all trade)

Note 2 : I closed trade a bit late. ( busy preparing charts to help other traders). Ideally close trade at RN.


I'm Newbie Jilake
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  • #29,876
  • Aug 28, 2019 11:55pm Aug 28, 2019 11:55pm
USD JPY


Scalping


SL 14,7 pips



I'm Newbie Jilake
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  • #29,877
  • Aug 29, 2019 1:23am Aug 29, 2019 1:23am
Quoting Pat Chiko
USD JPY Scalping SL 14,7 pips I'm Newbie Jilake {image}
USD JPY


Spot the difference, between entry #1 and #2.

2nd Entry using Low Risk Price Action.

SL 6,1 pips



I'm Newbie Jilake
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  • #29,878
  • Aug 29, 2019 2:13am Aug 29, 2019 2:13am
Quoting Pat Chiko
{quote} USD JPY Spot the difference, between entry #1 and #2. 2nd Entry using Low Risk Price Action. SL 6,1 pips I'm Newbie Jilake {image}
USD JPY


Add position at open of Candle Stick.

WHY add position there ?



I'm Newbie Jilake
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  • #29,879
  • Aug 29, 2019 2:31am Aug 29, 2019 2:31am
Quoting Pat Chiko
{quote} USD JPY Add position at open of Candle Stick. WHY add position there ? I'm Newbie Jilake {image}

USD JPY


Adding position at LOW Risk area.





I'm Newbie Jilake
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  • #29,880
  • Aug 29, 2019 2:49am Aug 29, 2019 2:49am
Quoting Pat Chiko
{quote} USD JPY Adding position at LOW Risk area. I'm Newbie Jilake {image}
USD JPY


Choice of Closing the trade or continue by adding more position !.


Understand Price Action and Structure.



I'm Newbie Jilake
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