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Another simple system - Time-Frame 15

  • #801
  • Apr 12, 2012 3:22am Apr 12, 2012 3:22am
Quoting Cun
For this short trade you are using the new rule that you are currently preparing, yes?
yes cun...this was a bounce trade from the 800ema...


IN Preparation:

1)200ema strategy
2)Counter trend entries
3)Trading inbetween the lines.

preparing is a hectic job mate...it takes lot of time and patience.im posting these charts on traders request..if you learn it yourself its better or i have to post these charts and explain.i have few pictures saved to my desktop i will share it will you guys soon..in the mean time...just see it yourself why these trades work...im posting well in advance what the price is going to do most of the days...just see for yourself why or how i say it...i gauge from the HTF.

PATIENCE PAYS...

folks plz post your failed trades..it will help me aswell
Let all the living things live blissfully
  • #802
  • Apr 12, 2012 3:58am Apr 12, 2012 3:58am
If you were to draw a trend line from the high of Feb 29th (On the A/U) you can see that the upper wall has been fairly well respected. Today has seen it ever so slightly break through, but it does seem to be stalling again on the M15... The question is; am I crazy enough to go for another short on the pair at the end of this hour?

Maybe I'm missing something here.
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #803
  • Apr 12, 2012 4:16am Apr 12, 2012 4:16am
I was crazy enough to go short and jumped out for 8 pips around the MR3 line, as it was stalling there again.

Why do I get the feeling it's about to break right through it?
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #804
  • Apr 12, 2012 4:22am Apr 12, 2012 4:22am
just came back to see what you guys are doing..Spike everywhere guys...be careful with these kinda market..this is when brokers hunt ur SL
Let all the living things live blissfully
  • #805
  • Apr 12, 2012 4:28am Apr 12, 2012 4:28am
Quoting loveevery1
just came back to see what you guys are doing..Spike everywhere guys...be careful with these kinda market..this is when brokers hunt ur SL
Hi LE1,

It's very true. This is not a happy market to be in right now and the trades I'm placing aren't specifically to do with this system. I guess I should stop posting them, but I get the other system I use might be similar to the new one you are going to post LE1, as we've both taken a few similar counter trades recently.
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #806
  • Apr 12, 2012 6:14am Apr 12, 2012 6:14am
Quoting By_Tor2114
Hi LE1,

It's very true. This is not a happy market to be in right now and the trades I'm placing aren't specifically to do with this system. I guess I should stop posting them, but I get the other system I use might be similar to the new one you are going to post LE1, as we've both taken a few similar counter trades recently.
its a choppy market my friend..i dint take any trades after that.eventhough it went in the direction i thought.im fine with the analysis.May be we both are using the same system.mate..
Let all the living things live blissfully
  • #807
  • Apr 12, 2012 6:30am Apr 12, 2012 6:30am
i feel the price is going to fall like mad...the way the daily is.....it will be a deep fall.im waiting if the price shows me the way i will short
Let all the living things live blissfully
  • #808
  • Apr 12, 2012 6:36am Apr 12, 2012 6:36am
Quoting loveevery1
i feel the price is going to fall like mad...the way the daily is.....it will be a deep fall.im waiting if the price shows me the way i will short
3200 is a very critical level to watch for..you can very easily net 50 pips...
Let all the living things live blissfully
  • #809
  • Apr 12, 2012 5:37pm Apr 12, 2012 5:37pm
I have finally purchased a windows machine for trading with this system. I have downloaded the indicators from one of the first posts and need some help. Im using Oanda's Metatrader 4 and need some help installing the indicators to the chart. Can someone help me with this process.

Thanks

Shawn
  • #810
  • Apr 12, 2012 6:07pm Apr 12, 2012 6:07pm
save indicator to c drive
find metatrader file and open
go to experts and open
go to indicators and save there
open metatrader and you should find indicators under custom indicators

Quoting shawn3245
I have finally purchased a windows machine for trading with this system. I have downloaded the indicators from one of the first posts and need some help. Im using Oanda's Metatrader 4 and need some help installing the indicators to the chart. Can someone help me with this process.

Thanks

Shawn
  • #811
  • Apr 13, 2012 12:11am Apr 13, 2012 12:11am
Ok folks like i said yesterday...i took the trade on AU...took 40 pips...from last night...im posting the chart here for your assessment..now think how did i know if the price is going to fall?.what are the supporting reasons?
Attached Image (click to enlarge)
Click to Enlarge Name: set1.gif Size: 13 KB
Let all the living things live blissfully
  • #812
  • Apr 13, 2012 12:18am Apr 13, 2012 12:18am
Quoting loveevery1
Ok folks like i said yesterday...i took the trade on AU...took 40 pips...from last night...im posting the chart here for your assessment..now think how did i know if the price is going to fall?.what are the supporting reasons?

here is the entry and the exit..Is it too much information for you guys? do u guys want me to stick to the original setup or should i continue to post these charts for you to learn..
Attached Image
Let all the living things live blissfully
  • #813
  • Apr 13, 2012 12:23am Apr 13, 2012 12:23am
i took the same trade on Eu aswell this early morning but...bloody hell dont know how my EA closed it.THis is why i hate these EAs. got closed out for -5pips..i had a small loss but it did go down for 33 pips..now..
Attached Image (click to enlarge)
Click to Enlarge Name: set1.gif Size: 12 KB
Let all the living things live blissfully
  • #814
  • Apr 13, 2012 1:00am Apr 13, 2012 1:00am
It is 1:00 am and EU is kinda stalling in its upward movement.
With God all things are possible.
  • #815
  • Apr 13, 2012 1:43am Apr 13, 2012 1:43am
Its not 1am here heh.
Yes i would love it if you contuniue with your lessons, but maybe it will be a good idea if you define them, because i get a little confused.
Twitter @raitchev
  • #816
  • Apr 13, 2012 1:47am Apr 13, 2012 1:47am
Quoting loveevery1
Ok folks like i said yesterday...i took the trade on AU...took 40 pips...from last night...im posting the chart here for your assessment..now think how did i know if the price is going to fall?.what are the supporting reasons?
Hi this is my first post to this thread and have been reading with intrest..

The things that spring to mind that you may have taken this trade is that the pair had reached their daily high at the end of the day...The ADR had been reached and the price was close to the big round number so all these points would favour a sell..

Keep posting these I would be intrested..
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #817
  • Apr 13, 2012 1:48am Apr 13, 2012 1:48am
Quoting loveevery1
i took the same trade on Eu aswell this early morning but...bloody hell dont know how my EA closed it.THis is why i hate these EAs. got closed out for -5pips..i had a small loss but it did go down for 33 pips..now..
Hello and congratulations.
Please I read the entire post but I have a few things clearer.
You can gently when you have time to do a quick summary of the STRATEGY?

Hello and thank you.

Giancarlo form Italy
  • #818
  • Apr 13, 2012 1:53am Apr 13, 2012 1:53am
The best summary of the strategy is to download all of Loveevery1's pics from at the beginning of the thread and look at them
Twitter @raitchev
  • #819
  • Apr 13, 2012 2:04am Apr 13, 2012 2:04am
Quoting loveevery1
here is the entry and the exit..Is it too much information for you guys? do u guys want me to stick to the original setup or should i continue to post these charts for you to learn..
Hey LE1,

Personally, I'm always up for some more info coming my way!
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #820
  • Apr 13, 2012 2:12am Apr 13, 2012 2:12am
I took a long on EURGBP, am I right on this decision as per this method?
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp_tdi_130412.gif Size: 73 KB
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