Another simple system - Time-Frame 15 | Page 89 | 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

  • #1,761
  • May 21, 2012 1:24am May 21, 2012 1:24am
Great FO CT trade for Monday.

Before FO price bounced off RN,went through R1 and yesterday high.
Made blue pinbar at FO open off 10 ema, Tdi also bounced.

Only took 10 pips at ppa.

  • #1,762
  • May 21, 2012 1:33am May 21, 2012 1:33am
Quoting matlobien
Great FO CT trade for Monday.

Before FO price bounced off RN,went through R1 and yesterday high.
Made blue pinbar at FO open off 10 ema, Tdi also bounced.

Only took 10 pips at ppa.

Should have hanged on for more, but it is FO, monday and CT.

Greed do not make you rich.

  • #1,763
  • Edited 3:52am May 21, 2012 2:11am | Edited 3:52am
AUDUSD 15min
Attached Image (click to enlarge)
Click to Enlarge Name: success.jpg Size: 112 KB
  • #1,764
  • May 21, 2012 5:22am May 21, 2012 5:22am
Hi Loveevery1

I think we need some structured education on trading bounces off EMAs, I know you said to not "over think" but may be a few ground rules which will soon be internalized will help to spot profitable trading opportunities.

Meanwhile I'll try and go over my charts to see if I can spot some occurrences to see if a pattern can be noted.

This should be a good example but of an already established trend.
What you say?

Henry
Attached Image (click to enlarge)
Click to Enlarge Name: 200EMA_Bounce_Trade.png Size: 114 KB
Let it turn and find your entry.
  • #1,765
  • May 21, 2012 7:46am May 21, 2012 7:46am
Hey guys,

Ignore this post. This is for the purpose of a Fib discussion going on in the chat room
Attached Image (click to enlarge)
Click to Enlarge Name: eu fib.gif Size: 40 KB
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #1,766
  • May 21, 2012 8:44am May 21, 2012 8:44am
being newby doesn't help if i don't ask i will never learn ' so please help how can i get mbl line on my chart and also what this means FO near RNwhat is FO and RN
  • #1,767
  • May 21, 2012 9:06am May 21, 2012 9:06am
Quoting mpsangha
being newby doesn't help if i don't ask i will never learn ' so please help how can i get mbl line on my chart and also what this means FO near RNwhat is FO and RN
What's mbl ?

FO - Frankfurt open or sometimes referred to as Europe open (Europe starts to trade)
RN - round number (psychological level) price tends to stumble or reverse
  • #1,768
  • May 21, 2012 9:18am May 21, 2012 9:18am
hi guys, how many pips you took from new york now?
i am a beginner, so one pair is enough
  • #1,769
  • May 21, 2012 9:45am May 21, 2012 9:45am
Quoting El1n
What's mbl ?

FO - Frankfurt open or sometimes referred to as Europe open (Europe starts to trade)
RN - round number (psychological level) price tends to stumble or reverse
mbl- market base line on TDI indy.usually yellow
If you're going through hell, keep going. Winston Churchill
  • #1,770
  • May 21, 2012 9:48am May 21, 2012 9:48am
Quoting El1n
What's mbl ?

FO - Frankfurt open or sometimes referred to as Europe open (Europe starts to trade)
RN - round number (psychological level) price tends to stumble or reverse
MBL : is market base line , and available in the trade dynamic index indicator
Attached File(s)
File Type: ex4 Synergy_TDI.ex4   22 KB | 497 downloads
  • #1,771
  • May 21, 2012 10:04am May 21, 2012 10:04am
Quoting mpsangha
being newby doesn't help if i don't ask i will never learn ' so please help how can i get mbl line on my chart and also what this means FO near RNwhat is FO and RN

Last questions first.

FO means FRANKFURT TRADING SESSION OPEN
RN means ROUND NUMBER

This means you have some catching up on the basics of this system to do read the thread again from beginning.

How to get MBL on your chart

From the menu bar of your MT4 platform choose Insert choose indicators, choose moving averages and indicate 34 as the period choose what color suits you and for the MA type, click on LWMA.
That is the closest you can get to the MBL on the main charts.
For now that is a training wheel to give you some greater sense of comfort.

As always my advise to newbies BACKTEST, BACKTEST, BACKTEST!!!

Henry
Let it turn and find your entry.
  • #1,772
  • May 21, 2012 11:45am May 21, 2012 11:45am
Is there a better pair for the 15 TDI method, for the US session than GU? I ask because I've been wathing GU, EU, UJ, UCHF, and it seems GU goes into a tight range when U.S. overlaps.

Or does it not really matter, and it's just happening that way lately.
  • #1,773
  • May 21, 2012 1:26pm May 21, 2012 1:26pm
Quoting KumoDragon
Is there a better pair for the 15 TDI method, for the US session than GU? I ask because I've been wathing GU, EU, UJ, UCHF, and it seems GU goes into a tight range when U.S. overlaps.

Or does it not really matter, and it's just happening that way lately.
hi, i like AUD_USD very much,test it ,regards,,,sky,,
  • #1,774
  • May 22, 2012 1:11am May 22, 2012 1:11am
Today price is between 200 and 800.

Be carefull.

  • #1,775
  • May 22, 2012 1:18am May 22, 2012 1:18am
Hello folks...lot of actions on the thread..lately..sorry couldnt trade last week.im still tied up with my personal work...im short EU...let see
Let all the living things live blissfully
  • #1,776
  • May 22, 2012 1:21am May 22, 2012 1:21am
Quoting loveevery1
Hello folks...lot of actions on the thread..lately..sorry couldnt trade last week.im still tied up with my personal work...im short EU...let see

its very dangerous folks...do not follow me on this trade......may be its a mistake...i dont want to you to trust me on this...im going against the big trend,,,
Let all the living things live blissfully
  • #1,777
  • May 22, 2012 1:22am May 22, 2012 1:22am
Quoting loveevery1
its very dangerous folks...do not follow me on this trade......may be its a mistake...i dont want to you to trust me on this...im going against the big trend,,,
I was late by 30 pips...for this entry...i should have entered 30 pips earlier
Let all the living things live blissfully
  • #1,778
  • May 22, 2012 1:28am May 22, 2012 1:28am
Quoting Intrepidpips
Hi Loveevery1

I think we need some structured education on trading bounces off EMAs, I know you said to not "over think" but may be a few ground rules which will soon be internalized will help to spot profitable trading opportunities.

Meanwhile I'll try and go over my charts to see if I can spot some occurrences to see if a pattern can be noted.

This should be a good example but of an already established trend.
What you say?

Henry
hello henry...I know what you mean....i rarely get time even to trade these days...i will definately do that work when i get time..till then my apologies..

till then keep cheking for it.
Let all the living things live blissfully
  • #1,779
  • May 22, 2012 2:42am May 22, 2012 2:42am
Quoting loveevery1
Hello folks...lot of actions on the thread..lately..sorry couldnt trade last week.im still tied up with my personal work...im short EU...let see
Also got burned with my short this morning.

  • #1,780
  • May 22, 2012 3:01am May 22, 2012 3:01am
Quoting matlobien
Also got burned with my short this morning.

hello mat...i got out for 7 pips...it was hesitating a bit.i knew it wont go that far...coz the price is bouncing off of the critical level from HTF....i actually wanted to get burnt purposely coz i have not been trading for a week.i enterd 1/10 of my normal lot size...but still closed postive..

i need one day chart time to practice my eyes.i guess...
Let all the living things live blissfully
12 traders viewing now