Another simple system - Time-Frame 15 | Page 1511 | 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

  • #30,201
  • Jul 18, 2024 5:03am Jul 18, 2024 5:03am
Quoting pips29
Long taken EDit:added long {image}
taken partial off added entry and moving the stop to b/e, tighten the stop on initial position as well
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 30 KB
the cautious seldom err....C
  • #30,202
  • Jul 18, 2024 6:48am Jul 18, 2024 6:48am
Quoting pips29
short cable {image}
I added another short at the 34 ema and had taken partial on both position and also protected both entries with b/e stop on one and the other with some +ve pips. Targets are the 200ema on H1 and another at H4 34 ema..Partial profits were made on M1
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 25 KB
the cautious seldom err....C
  • #30,203
  • Jul 18, 2024 6:56am Jul 18, 2024 6:56am
UY trades were messy and quite confusing, anyway some pips were taken with the stop at b/e for one position and the other at -12 pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 29 KB
the cautious seldom err....C
  • #30,204
  • Jul 18, 2024 7:00am Jul 18, 2024 7:00am
hoping the inbuilt program will take care of things for me correctly, my brain is tired
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-07-18 125909.png Size: 23 KB
the cautious seldom err....C
  • #30,205
  • Jul 18, 2024 10:30am Jul 18, 2024 10:30am
this trade I did yesterday. I can pull out some okay trades , but very often Im ending in red.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 26 KB
  • #30,206
  • Jul 18, 2024 10:44am Jul 18, 2024 10:44am
Quoting Giedrius
this trade I did yesterday. I can pull out some okay trades , but very often Im ending in red. {image}
we can get you over the green light if you post the red trades so we can find the reason why it happened
the cautious seldom err....C
  • #30,207
  • Jul 18, 2024 10:47am Jul 18, 2024 10:47am
some gains some losses but eventually a very much bigger gain
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2024-07-18 164105.png Size: 21 KB
Click to Enlarge Name: USDJPYM15.png Size: 27 KB
the cautious seldom err....C
  • #30,208
  • Jul 18, 2024 10:51am Jul 18, 2024 10:51am
still waiting for targets to be hit
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-07-18 164959.png Size: 20 KB
the cautious seldom err....C
  • #30,209
  • Jul 18, 2024 10:53am Jul 18, 2024 10:53am
Damn! forgot about trading the dax
Attached Image (click to enlarge)
Click to Enlarge Name: DAX40M5.png Size: 30 KB
the cautious seldom err....C
  • #30,210
  • Jul 18, 2024 11:03am Jul 18, 2024 11:03am
I closed first trade on pull back, even if I had sl just above previous high. Then jumped in again trying to recuperate loss.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 32 KB
  • #30,211
  • Jul 18, 2024 11:06am Jul 18, 2024 11:06am
Quoting Giedrius
this trade I did yesterday. I can pull out some okay trades , but very often Im ending in red. {image}
FYI try to take trades in the direction of H1...you will find on many occasion there might be a conflict between H1 and H4. It is always better if H4 is in agreement but not compulsory unless you are looking for much bigger pips otherwise following H1 can bring at least 10-30 pips
the cautious seldom err....C
  • #30,212
  • Edited 11:26am Jul 18, 2024 11:11am | Edited 11:26am
Quoting Giedrius
I closed first trade on pull back, even if I had sl just above previous high. Then jumped in again trying to recuperate loss. {image}
Please follow the same colour and have the same indicators as my charts. My vision is not too good and so having charts like mine is a big help to me visually
I normally set a 15 pip stop and when price is not moving my way I will cut some off for a loss and wait for price to turn back my way or hit my stop..after that I might wait for another set up unless H1 has turned the other way and is telling me I was wrong from the start, so in your aussie trade you might get back with more gains
Price is already below the 200 ema on H1 so go to H4 and put your target at the 200ema or thereabout and monitor the trade by moving the stop downwards and will not lose a penny on the trade
the cautious seldom err....C
  • #30,213
  • Jul 18, 2024 11:13am Jul 18, 2024 11:13am
Quoting pips29
{quote} FYI try to take trades in the direction of H1...you will find on many occasion there might be a conflict between H1 and H4. It is always better if H4 is in agreement but not compulsory unless you are looking for much bigger pips otherwise following H1 can bring at least 10-30 pips
what yours target would be , if you would be in this trade eric? On 4hr chart there is strong support.
  • #30,214
  • Jul 18, 2024 11:27am Jul 18, 2024 11:27am
Quoting pips29
{quote} Please follow the same colour and have the same indicators as my charts. My vision is not too good and so having charts like mine is a big help to me visually I normally set a 15 pip stop and when price is not moving my way I will cut some off for a loss and wait for price to turn back my way or hit my stop..after that I might wait for another set up unless H1 has turned the other way and is telling me I was wrong from the start, so in your aussie trade you might get back with more gains
thanks eric.
  • #30,215
  • Jul 18, 2024 11:33am Jul 18, 2024 11:33am
Quoting Giedrius
{quote} what yours target would be , if you would be in this trade eric? On 4hr chart there is strong support.
this trade is also in sync with H4 so you are allowed to be slightly greedy and target the 200 ema of H4 otherwise 20-30 pips is good. As it's getting late in the trading day and during Asia session you will be sleeping it's comforting to grab your pips unless you are able to lock in your stop in +ve like 10 pips and let the trade takes its course
the cautious seldom err....C
  • #30,216
  • Jul 18, 2024 11:42am Jul 18, 2024 11:42am
Quoting pips29
{quote} this trade is also in sync with H4 so you are allowed to be slightly greedy and target the 200 ema of H4 otherwise 20-30 pips is good. As it's getting late in the trading day and during Asia session you will be sleeping it's comforting to grab your pips unless you are able to lock in your stop in +ve like 10 pips and let the trade takes its course
I though also about 200ema on 4h. but I thought it was to optimisticmaybe 0.67000
  • #30,217
  • Jul 18, 2024 12:20pm Jul 18, 2024 12:20pm
Quoting Giedrius
{quote} I though also about 200ema on 4h. but I thought it was to optimisticmaybe 0.67000
I have logged out of MT4 and will be logging off Ctrader after this post. Here is what is available on H4, like I said earlier it's getting late and price will probably not reach the rectangular zone today but it's available
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-07-18 181638.png Size: 26 KB
the cautious seldom err....C
  • #30,218
  • Jul 18, 2024 2:30pm Jul 18, 2024 2:30pm
Quoting Giedrius
{quote} I though also about 200ema on 4h. but I thought it was to optimisticmaybe 0.67000
your trade has arrived home and my cable trades closed
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2024-07-18 202634.png Size: 23 KB
Click to Enlarge Name: Screenshot 2024-07-18 203139.png Size: 19 KB
the cautious seldom err....C
  • #30,219
  • Jul 19, 2024 3:49am Jul 19, 2024 3:49am
gone short
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 33 KB
Click to Enlarge Name: GBPUSDM15.png Size: 35 KB
the cautious seldom err....C
  • #30,220
  • Jul 19, 2024 3:52am Jul 19, 2024 3:52am
Hi, I have read many pages of this topic but I don't understand which pivot points are taken into consideration (weekly, daily, hourly). and if to open a trade you consider ema, tdi and rebound or breakage of the pivot, or you enter even without considering the pivot
33 traders viewing now