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Another simple system - Time-Frame 15

  • #30,101
  • May 25, 2022 8:45pm May 25, 2022 8:45pm
AU May26 Tokyo 1040am

- pair of interest today

- 10/50200EMAs close together and will open up when price moves

- yesterday's double tops high is 'resistance'

Attached Image (click to enlarge)
Click to Enlarge Name: AU May26 M15 Toky1041am 26-5-2022 9-41-18 am.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,102
  • May 25, 2022 8:49pm May 25, 2022 8:49pm
AJ May26 M15 Tokyo 1045am

- wont be easy day if you looked at the Daily

Attached Image (click to enlarge)
Click to Enlarge Name: AJ May26 M15 TOK 1047am 26-5-2022 9-47-36 am.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,103
  • May 25, 2022 8:51pm May 25, 2022 8:51pm
UJ May26 M15 Tokyo 1045am

- this pair also not easy looking at it now

- if you follow Big E' Asian/Tokyo channel you have to pick based on PA and the channel high-low

Attached Image (click to enlarge)
Click to Enlarge Name: UJ May26 M15 TOK1046am 26-5-2022 9-46-25 am.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,104
  • May 26, 2022 2:25am May 26, 2022 2:25am
GU May26 London Open m15 dynamic entry

- nice PA 50 above 200 EMA

- will manage this

Attached Image (click to enlarge)
Click to Enlarge Name: GU May26 LO 15min entry 26-5-2022 3-22-07 pm.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,105
  • May 26, 2022 9:40pm May 26, 2022 9:40pm
Quoting emmanuel7788
GU May26 London Open m15 dynamic entry - nice PA 50 above 200 EMA - will manage this {image}

GU May26 M15

- entry and exits

> make a guess, using THV CaveManager with Capital Protection set to 10pips, where was the exit?

Attached Image (click to enlarge)
Click to Enlarge Name: GU May26 M15 entry and exits 27-5-2022 10-32-31 am.png Size: 20 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,106
  • May 31, 2022 10:18am May 31, 2022 10:18am
Anyone still trading the original strategy posted here?

If yes can I ask how many trades on average do you guys take? (just one / few after the London open?)
  • #30,107
  • Jun 10, 2022 6:06am Jun 10, 2022 6:06am
Crickets ...lol
  • #30,108
  • Jun 10, 2022 6:24am Jun 10, 2022 6:24am
Quoting holyGrill
Anyone still trading the original strategy posted here? If yes can I ask how many trades on average do you guys take? (just one / few after the London open?)
Probably not, they have made their fortunes and moved on...

But it doesn't take much to design a simple 15M strategy

Here is one I cooked up quickly -

Use any Super Trend indicator, add a 20 EMA on Close

Enter on a break of Super Trend, you can add on any retracement back to 20 EMA

Profit, as much as as you want as long as the market is giving and you can hold on

You may find a CSM - Currency Strength Meter helpful to find the best pairs to look for a possible trend.

Good Luck

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It takes a lot for me to IGNORE you, but you can try.
  • #30,109
  • Jun 10, 2022 6:34am Jun 10, 2022 6:34am
Quoting holyGrill
Crickets ...lol
To follow up on the previous idea, if you couple that with a higher time frame price action

Say a PIN BAR, and watch when it breaks, about London time I think

Of course, doesn't happen every day

Cheers

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It takes a lot for me to IGNORE you, but you can try.
  • #30,110
  • Jun 15, 2022 2:56am Jun 15, 2022 2:56am
Quoting Erebus
{quote} To follow up on the previous idea, if you couple that with a higher time frame price action Say a PIN BAR, and watch when it breaks, about London time I think Of course, doesn't happen every day Cheers {image}{image}
Thanks Erebus,
Gonna try my hand at the TMS system for now (which seems similar to this thread's, but I do like the higher TF's as I find with the 15min getting whacked around a lot = SL gets hit all the time, quickly!)

RobinHood's Trading Made Simple(r) seems good too, that's next on the todo after TMS (core) lol...
  • #30,111
  • Nov 19, 2022 5:05am Nov 19, 2022 5:05am
@emmanuel7788 and @Erebus

Thanks a lot for your insights!

Quote: "Profit, as much as as you want as long as the market is giving and you can hold on"
May I ask you how do you specifically decide on the Exit?
  • #30,112
  • Mar 30, 2023 8:32am Mar 30, 2023 8:32am
Quoting rotunda
Great trades on EU Friday. Getting with the method using TDI agreement. {image}

What are the MA'S being used here?
If it were not so, I would have told you...
  • #30,113
  • Mar 30, 2023 6:25pm Mar 30, 2023 6:25pm
Quoting virgilcain
{quote} What are the MA'S being used here?
re-post from Post#1:

========================
THE SYSTEM: TIME-FRAME 15

This strategy is based purely on price action.however just to confirm the same we will look where the price is bouncing off from.for example on any time frame the 200 EMA is very well respected.so this strategy we use only 15min timeframe.why coz less than 15min will give you more fakeys and more than this will take huge stoploss which is not ok with me.since i dont trade in millions..what we are trying to do here is to make maximum money with little investement.

I will explain in detail how to take these bounce trades after the TDI confirmation. I don’t believe in adding lot of MA as it will spoil the look of the chart.The time we will look for trades is after the LONDON market opens..why?that is when more money will come to the market.more money means more momentum more momentum means more pips.more pips more money you can take home.


THE SETUP:

We will wait for the LONDON to open.after it opens we will look for trades AWAY from the 200 EMA.thre are more than one setup..but for the beginners of this system.please practice your eyes for this one setup and later I will elaborate on the other setups.Before you take a trade the price should close below the 10EMA for short and above 10EMA for long.
MONEY MANAGEMENT
SL is 20 Pips TP is upto a trader you may let it run till the tdi crosses back.or you may close at 1:1 upto you. As many other system even this has failure at very high volatile times.please demo it demo it demo it..till you become consistent with this strategy. I move my stop to BE after 12 pips..i don’t want to give the pips back the market whats in my pocket.never risk more than 2 % on a single trade

This will be very easy if you already trading using TDI.For this setup the TDI GREEN should cross the Yellow line.Please read dean Malone TDI usage guide for more information on TDI..Later we shall talk about re entries and other setups later coz it will confuse all the newbies..see below for the chart attached


INDICATORS USED:
1)200 EMA ( 1HR 50EMA)
2)800 EMA ( 4HR 50 EMA)
3) 10EMA
4)Round number indicator
5)Trading Time Indicator

====================================

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: Arjun LE1 #2985.png Size: 18 KB




====================================
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,114
  • Mar 30, 2023 9:22pm Mar 30, 2023 9:22pm
Yea I knew that, but his chart looked really different from mine on the 5 minute chart. Thats why I thought he was using something else. Thanks though for clearing it up.oor
If it were not so, I would have told you...
  • #30,115
  • Apr 1, 2023 2:31am Apr 1, 2023 2:31am
Quoting emmanuel7788
{quote} re-post from Post#1: ======================== THE SYSTEM: TIME-FRAME 15 This strategy is based purely on price action.however just to confirm the same we will look where the price is bouncing off from.for example on any time frame the 200 EMA is very well respected.so this strategy we use only 15min timeframe.why coz less than 15min will give you more fakeys and more than this will take huge stoploss which is not ok with me.since i dont trade in millions..what we are trying to do here is to make maximum money with little investement. I will...
USDCAD Mar31 M15 trades closed:

- two batches trades using multi-lots entries and exits

- both setups were price action swing highs at 200EMA and RN 1.3550

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Mar31 M15 trades closed 1-4-2023 3-22-14 pm.png Size: 32 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,116
  • Jul 28, 2023 2:52am Jul 28, 2023 2:52am
Quoting Pipsninja
I have a few minute to spare so let me tell about Pat Chiko/Gibril/Assange for those who weren't part of this thread in the early years. The below events did really happen! Pat Chiko: claimed to be a casino owner/professional money manager who travels the Globe having meeting with big investors! Assange: claimed to be a female model, a great trader who sold a trading indicator to a bank for a cool $250.000! Gibril: claimed to be a newbie and was a posting machine; he later turned into a super trader. He posted pics of the charitable acts that he...
Thank you, PipsNinja. So many people can get caught up in Forum's (myself included), not knowing who is credible; what with the bickering, fake posting, bragging and scamming. You just have to vet every post but I'm glad there are some real folks, like you, here on FF! All the very best and Happy Friday
Break the cake
  • #30,117
  • Aug 25, 2023 10:16am Aug 25, 2023 10:16am
I started to follow this Topic, and I'm analyzing the entries according to the creator's first Posts.
I didn't get this entry today but I was watching and it was exactly as the creator of the topic taught.
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  • #30,118
  • Aug 26, 2023 6:14am Aug 26, 2023 6:14am
Quoting RodrigoFxbr
I started to follow this Topic, and I'm analyzing the entries according to the creator's first Posts. I didn't get this entry today but I was watching and it was exactly as the creator of the topic taught. {image}

if one follow strictly to LE1 trade setup rules, then there were not trades yesterday during the London session,

unless we trade CT against the 200EMA.


Attached Image (click to enlarge)
Click to Enlarge Name: GU Aug 25 M15 no trade 26-8-2023 7-10-43 pm.png Size: 36 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,119
  • Aug 28, 2023 9:14am Aug 28, 2023 9:14am
Quoting emmanuel7788
{quote} if one follow strictly to LE1 trade setup rules, then there were not trades yesterday during the London session, unless we trade CT against the 200EMA. {image} ...
So this explanation I put above is wrong? because I followed the parameters of the strategy. Can you explain to me why the configuration is not valid. thanks

My entry was in the NY session
  • #30,120
  • Aug 28, 2023 3:07pm Aug 28, 2023 3:07pm
Quoting RodrigoFxbr
{quote} So this explanation I put above is wrong? because I followed the parameters of the strategy. Can you explain to me why the configuration is not valid. thanks My entry was in the NY session
what was the price action you see with your entry?

The OP's post #1 chart below for study purposes.

Attached Image (click to enlarge)
Click to Enlarge Name: LE1 #1 chart.png Size: 32 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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