Another simple system - Time-Frame 15 | Page 51 | 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

  • #1,001
  • Apr 23, 2012 3:39am Apr 23, 2012 3:39am
Quoting Pat Chiko
This is easy entry for EJ today with 60+ pips banked. Im done for the day, will see you in US open.
i will be posting series of charts for trading in between the lines..very soon.that was a perfect entry...i would have entered exactly at the same area.unfortunatly i dont trade those pairs
Let all the living things live blissfully
  • #1,002
  • Edited 4:48am Apr 23, 2012 3:39am | Edited 4:48am
Hi Guys,

Just an observation.

I thought the rules says...

Take Short trades when there is a CROSS Below the Yellow line and Longs at a CROSS above the Yellow line.

I noticed that a lot of guys tend to take trades irrespective of this rule.

Am i missing something??

Thanks all.... stay Blessed.
It Is Well With My Soul..(Amen)
  • #1,003
  • Apr 23, 2012 3:43am Apr 23, 2012 3:43am
Quoting babasemi
Hi Loveevery1,

Congrats to you,for you have just let the world know that i am a Bigger idiot.
becos if an idiot like you can improve on this great system and make good money from it,and i couldn't ...then you will agree with me that i am a very bigger idiot.

Thanks and Stay Blessed.

lol god bless
Let all the living things live blissfully
  • #1,004
  • Apr 23, 2012 3:45am Apr 23, 2012 3:45am
Lovee!
Glad to see you back in full power !

Guys there might be a short entry forming on E/U. Let's watch candles closely!
  • #1,005
  • Apr 23, 2012 3:47am Apr 23, 2012 3:47am
there were lot of text book trades on AU..anyone?
Let all the living things live blissfully
  • #1,006
  • Apr 23, 2012 3:54am Apr 23, 2012 3:54am
Quoting loveevery1
there were lot of text book trades on AU..anyone?
Yep, and another one just now. Unfortunately, this pair in not my portfolio

How many pairs do you trade these days Lovee?
  • #1,007
  • Apr 23, 2012 4:23am Apr 23, 2012 4:23am
Im eyeing on GU . May go either way. By looking at Longer time frame, it may want to go down . But with this system, i don't do guessing game, my entry purely on house rule.
Meanwhile I wait for GU to cross first before hitting my SELL button.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,008
  • Apr 23, 2012 4:32am Apr 23, 2012 4:32am
Waiting .........

waiting..........

If you go down, I will be shorting you.

If you go higher, I will ignore and go for my coffee break.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 33 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,009
  • Apr 23, 2012 4:52am Apr 23, 2012 4:52am
Quoting Pat Chiko
Waiting .........

waiting..........

If you go down, I will be shorting you.

If you go higher, I will ignore and go for my coffee break.
Same here, I'm waiting for EU to break below 800EMA and GU to break below 200EMA. If not I will wait for NY to open.
  • #1,010
  • Apr 23, 2012 6:41am Apr 23, 2012 6:41am
Quoting El1n
Yep, and another one just now. Unfortunately, this pair in not my portfolio

How many pairs do you trade these days Lovee?
I just trade EU 90% of the times..GU 8% and AU 2%
Let all the living things live blissfully
  • #1,011
  • Apr 23, 2012 6:42am Apr 23, 2012 6:42am
Quoting Pat Chiko
Waiting .........

waiting..........

If you go down, I will be shorting you.

If you go higher, I will ignore and go for my coffee break.
This is what i tell the chart...you are reading my mind
Let all the living things live blissfully
  • #1,012
  • Apr 23, 2012 6:48am Apr 23, 2012 6:48am
Quoting babasemi
Hi Guys,

Just an observation.

I thought the rules says...

Take Short trades when there is a CROSS Below the Yellow line and Longs at a CROSS above the Yellow line.

I noticed that a lot of guys tend to take trades irrespective of this rule.

Am i missing something??

Thanks all.... stay Blessed.


Any takers ???

.....
It Is Well With My Soul..(Amen)
  • #1,013
  • Apr 23, 2012 6:52am Apr 23, 2012 6:52am
I am not sure but as what I have read from the post is that there is 2 entries - 1 when the green cross the red and 2 when the green cross the yellow. Like today the green crossed the red and came down and later crossed the Yellow. That was 2 possible entries. The green the crossed the red up again but no trade as it is in wrong direction. The green crossed the red again downward so another entry ?

I only started with this strategy today and is looking into it.
  • #1,014
  • Apr 23, 2012 7:06am Apr 23, 2012 7:06am
Hi baba i have time only to prepare charts not to take trades...hard to maintain the thread lol
Let all the living things live blissfully
  • #1,015
  • Apr 23, 2012 7:11am Apr 23, 2012 7:11am
Quoting babasemi
Any takers ???

.....
Don't look at me, I never cross the Yellow Traffic LINE. I would like to suggest to Lovevery1 to change Yellow 200EMA to RED, so every1 obey the house rule.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,016
  • Apr 23, 2012 7:13am Apr 23, 2012 7:13am
Quoting DiamondZA
I am not sure but as what I have read from the post is that there is 2 entries - 1 when the green cross the red and 2 when the green cross the yellow. Like today the green crossed the red and came down and later crossed the Yellow. That was 2 possible entries. The green the crossed the red up again but no trade as it is in wrong direction. The green crossed the red again downward so another entry ?

I only started with this strategy today and is looking into it.

Hi Diamond,

Thanks for the reply.
Stay Blessed...
It Is Well With My Soul..(Amen)
  • #1,017
  • Apr 23, 2012 7:18am Apr 23, 2012 7:18am
Quoting loveevery1
Hi baba i have time only to prepare charts not to take trades...hard to maintain the thread lol

Yes Loveevery1,

i understand,it is a tough job to multi-task...

Cheers.
It Is Well With My Soul..(Amen)
  • #1,018
  • Apr 23, 2012 7:20am Apr 23, 2012 7:20am
Quoting Pat Chiko
Don't look at me, I never cross the Yellow Traffic LINE. I would like to suggest to Lovevery1 to change Yellow 200EMA to RED, so every1 obey the house rule.

Hi Pat,

well well well,i think i need to start taking down names of defaulters and submit it to the Chief/Head... lolzzzz

I shall also suggest the penalty should be $500 each and should be forwarded to my account for proper money management....

Love you all.

Stay Blessed.
It Is Well With My Soul..(Amen)
  • #1,019
  • Apr 23, 2012 8:34am Apr 23, 2012 8:34am
Quoting babasemi
Hi Guys,

Just an observation.

I thought the rules says...

Take Short trades when there is a CROSS Below the Yellow line and Longs at a CROSS above the Yellow line.

I noticed that a lot of guys tend to take trades irrespective of this rule.

Am i missing something??

Thanks all.... stay Blessed.
Hi Babsemi !

Just in case it's still not clear.

On 15m chart
Long
On the TDI indicator, we're looking for a signal line(green) to cross above RSI line (red), this cross has to happen above 200EMA line (yellow) and above or very close to yellow TDI line. This mean it crosses the red line first and than the yellow line.
A re-bounce of the signal line (green line) off the RSI (red line) is also considered a valid entry signal.

Short
Change the word "above" to below.

Don't forget to watch the price action primary, if its convincing enough you can break the "yellow rule"

Hope this helps
Elin
  • #1,020
  • Apr 23, 2012 8:52am Apr 23, 2012 8:52am
Babasemi,

This is the only trade I took today, it can serve as an example of a situation when the green line crosses red line very close below the yellow line.
I was looking at the candle sticks and 200EMA primarily, tdi served only as a confirmation.

Cheers,
Elin
Attached Image
5 traders viewing now