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Another simple system - Time-Frame 15

  • #1,461
  • May 10, 2012 1:38am May 10, 2012 1:38am
Quoting Pat Chiko
Attached, Two AU CT for viwing and comments
Hi Pat,

I hope you don't mind me asking. Feel like this could have been discussed before.
What TDI and What setting are you using?
  • #1,462
  • May 10, 2012 1:44am May 10, 2012 1:44am
If only TDI Yellow shown strength with upward curve & above 50.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 63 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,463
  • May 10, 2012 2:39am May 10, 2012 2:39am
Illustration on to spot, two types of trades from one single chart.
What to look for and why that particular trade will go your favour.

Notice, tha last two trades are CT's both and the opposite side of 200EMA

Enjoy it
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,464
  • May 10, 2012 2:53am May 10, 2012 2:53am
Quoting El1n
Hi Pat,

I hope you don't mind me asking. Feel like this could have been discussed before.
What TDI and What setting are you using?
It looks like "Range bars" with default TDI settings. If you check the times, you'll see that they are not M15, so it is not a time based chart. Since the bars do not like Renko bars, they are range bars, most probably.

Regards,
Blackeagle
  • #1,465
  • Edited 3:07am May 10, 2012 3:05am | Edited 3:07am
--------------------------
i am a beginner, so one pair is enough
  • #1,466
  • May 10, 2012 3:05am May 10, 2012 3:05am
are we going to take this short? i am not so sure. but, let see...
i am a beginner, so one pair is enough
  • #1,467
  • May 10, 2012 3:23am May 10, 2012 3:23am
how many of you took the GU trade ?....please dont tell me you have have missed it....coz i nailed 20 pips off that...post your charts folks...i dont have time today to be on the chat room.

el1n you seem to learning fast...keep up the good work...
Let all the living things live blissfully
  • #1,468
  • May 10, 2012 3:37am May 10, 2012 3:37am
Quoting loveevery1
how many of you took the GU trade ?....please dont tell me you have have missed it....coz i nailed 20 pips off that...post your charts folks...i dont have time today to be on the chat room.

el1n you seem to learning fast...keep up the good work...
Lovee few of us took it we're in chat-room, too bad you can't join us. One of us will certainly post a chart later.
  • #1,469
  • May 10, 2012 3:38am May 10, 2012 3:38am
Quoting loveevery1
how many of you took the GU trade ?....please dont tell me you have have missed it....coz i nailed 20 pips off that...post your charts folks...i dont have time today to be on the chat room.

el1n you seem to learning fast...keep up the good work...
I catch 19 pips with short GU trade
  • #1,470
  • May 10, 2012 3:49am May 10, 2012 3:49am
Here is the trade that LE1 is referring to. I somehow managed to talk myself out of it, but that's due simply to bad psychology!

As you can see, the price and the 10EMA have closed below the 200EMA. There was a risk of the price being in a channel, but the LO showed no desire to follow the FO in a bullish move.
Attached Image (click to enlarge)
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In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #1,471
  • May 10, 2012 3:59am May 10, 2012 3:59am
Great analysis Tor !
Guys we were discussing this trade live in the chatroom, so don't be shy and join us next time

Lovee was that a 'first touch" setup on GU at 1.6117 ?
  • #1,472
  • May 10, 2012 4:06am May 10, 2012 4:06am
Oh, and everyone can ignore the trix indicator in my photo. That has nothing to do with LE1's approach to trading. It was just something I was comparing to the screen on my other computer.
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #1,473
  • May 10, 2012 4:16am May 10, 2012 4:16am
Regarding GU short trade

we can see the GBP/USD is in the channell 1.6151 --1.6121
but we have a good signal for a short trade
I prepared but decided to get in position in the point of breaking out the low side of the channel
The target point to get out of position the support line MS1 at 1.6100 that also a strong psyhological level
So my trade here from 1.6123 19 pips

http://img69.imageshack.us/img69/6182/gu10052012.png
  • #1,474
  • May 10, 2012 4:20am May 10, 2012 4:20am
Quoting El1n
Lovee few of us took it we're in chat-room, too bad you can't join us. One of us will certainly post a chart later.

i know mate...dont have enough time to be on the chat...i saw that trade.i dint want to take as i will not be there to monitor the trade.but went short and managed to recach my daily target.
Let all the living things live blissfully
  • #1,475
  • May 10, 2012 4:21am May 10, 2012 4:21am
Quoting Wertall
I catch 19 pips with short GU trade
keep pipping like this
Let all the living things live blissfully
  • #1,476
  • May 10, 2012 4:23am May 10, 2012 4:23am
Quoting By_Tor2114
Here is the trade that LE1 is referring to. I somehow managed to talk myself out of it, but that's due simply to bad psychology!

As you can see, the price and the 10EMA have closed below the 200EMA. There was a risk of the price being in a channel, but the LO showed no desire to follow the FO in a bullish move.

thats exactly what i took.did u tk that aswell TOR
Let all the living things live blissfully
  • #1,477
  • May 10, 2012 4:25am May 10, 2012 4:25am
Too shy to disclose themself. Waiting and lurking for signal.?
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We are in control of our destiny but have no control over our fate.
  • #1,478
  • May 10, 2012 4:26am May 10, 2012 4:26am
Quoting El1n
Great analysis Tor !
Guys we were discussing this trade live in the chatroom, so don't be shy and join us next time

Lovee was that a 'first touch" setup on GU at 1.6117 ?
no its not elin...this is a reject signal.when LO opens its either NORTH OR SOUTH...

today it was south
Let all the living things live blissfully
  • #1,479
  • May 10, 2012 4:28am May 10, 2012 4:28am
Quoting Assange
Too shy to disclose themself. Waiting and lurking for signal.?

i see someone there with 10v
Let all the living things live blissfully
  • #1,480
  • May 10, 2012 4:31am May 10, 2012 4:31am
Quoting loveevery1
thats exactly what i took.did u tk that aswell TOR
I saw it, but didn't take it. Psychology has been getting the best of me lately. There is always a next time.
In boxing, all the champion's results are visible. In forex, talk is cheap.
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