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Another simple system - Time-Frame 15

  • #2,661
  • Jun 6, 2012 10:11am Jun 6, 2012 10:11am
Quoting stevewide
Answer: I don't know why...just wanted you to know I'm listening.

Wild guess: the ej short is countertrend so could be you wait for retest and engulfing pattern before entry.

For the normal entry back long you may have entered immedately on break of the IB candle pattern. But you said you entered at open of IB so that's not it; has it something to do with 800ema?
Good answer Steve, ( but there's much more easier way of seeing those trades). I guarantee, when you learn this you will see things clearly. That's my promise.

That mean you're not putting me in your ignore list ??? ha ha ha ha.

I will tell you the secret later, but my English is not as good as you, but putting a Chart will explain everything.

Hope you can wait for it, while I cook the Chart.

Peace & let's learn from each other.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,662
  • Jun 6, 2012 10:15am Jun 6, 2012 10:15am
Quoting Pat Chiko
Good answer Steve, ( but there's much more easier way of seeing those trades). I guarantee, when you learn this you will see things clearly. That's my promise.

That mean you're not putting me in your ignore list ??? ha ha ha ha.

I will tell you the secret later, but my English is not as good as you, but putting a Chart will explain everything.

Hope you can wait for it, while I cook the Chart.

Peace & let's learn from each other.

PAT
your so kind and considerate of others. that's one of the reasons I'm here.
  • #2,663
  • Jun 6, 2012 10:18am Jun 6, 2012 10:18am
Quoting Pat Chiko
Good answer Steve, ( but there's much more easier way of seeing those trades). I guarantee, when you learn this you will see things clearly. That's my promise.

That mean you're not putting me in your ignore list ??? ha ha ha ha.

I will tell you the secret later, but my English is not as good as you, but putting a Chart will explain everything.

Hope you can wait for it, while I cook the Chart.

Peace & let's learn from each other.

PAT

Hi Steve,

while waiting, lookat this pair, it has also the same set-up.( Only Miss 800EMA doesn't come into play here) This is rpeat of of EJ. Many other similar set-up if you browse Charts.

Look at them and see from different view.
Attached Image (click to enlarge)
Click to Enlarge Name: nu 15 mins.gif Size: 156 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,664
  • Edited 10:38am Jun 6, 2012 10:26am | Edited 10:38am
Pat,
Hi sorry to ask you this but where can i get the s&r indicators like yours coz what i have doest look anything like what you re having.

Thanks
  • #2,665
  • Jun 6, 2012 10:27am Jun 6, 2012 10:27am
Quoting Pat Chiko
I'm done with Trading. Now to see what I can do to assist others.

Let me Show two nice trade.

One is Counter Trade (CT), the other Normal Trade.

Just of matter of training your eyes.

But for now I just post a Chart when I took both trades, for you to see And think and comments and tell me it's a BS trade.

You may think - Ahggggg, this Pat is BS, He show us something that had happened, hindsight & vision 20/20.

I challange anyone to tell me why I took the SHORT Counter Trade at that precise candle not couples of candles earlier ? orjust...
Let me try
with the sell you waiting untill green recross red under MBL because
that was a CT
for long you used VT band as a guide.when green cross back up
you trigered long because it was in the trend

imi

thx your posts, please keep coming
realy want to know what is the answer
If you're going through hell, keep going. Winston Churchill
  • #2,666
  • Jun 6, 2012 10:36am Jun 6, 2012 10:36am
Ok Im going to give this a shot.

The first candle that you drew a red line you didnt short yet because A) The yellow line TDI was pointing higher not lower B) the red line crossed above the yellow line.

The second candle that you drew a red line to that you didnt short was because the yellow TDI line was flat and not giving any direction yet.

The third candle that you drew a red line to that you didnt short was because the green TDI line was heading back up and looked like it was going to cross the red TDI line again. The TDI yellow line was finally sloping down though. The price also closed above the 10 EMA. The same thing happened with the 4th candle.

You finally went short after being patient and seeing the inverted hammer along with the price below the 10 EMA the yellow TDI line sloping down and the red line crossed above the green.

The reason for the long was because the rejection of the 200 EMA (if thats is what the purple line is).

Let me know if im close

Shawn
Quoting Pat Chiko
I'm done with Trading. Now to see what I can do to assist others.

Let me Show two nice trade.

One is Counter Trade (CT), the other Normal Trade.

Just of matter of training your eyes.

But for now I just post a Chart when I took both trades, for you to see And think and comments and tell me it's a BS trade.

You may think - Ahggggg, this Pat is BS, He show us something that had happened, hindsight & vision 20/20.

I challange anyone to tell me why I took the SHORT Counter Trade at that precise candle not couples of candles...
  • #2,667
  • Jun 6, 2012 10:42am Jun 6, 2012 10:42am
have a feeling TDI has nothing to do with explaining these trades; its the last thing looked at for final confirmation and LE1 teaching its an optional thing.

As we discuss more candle patterns I'm going to try to trade without HA candles as LE1 also suggests as an option.
  • #2,668
  • Jun 6, 2012 10:45am Jun 6, 2012 10:45am
Good day everyone!
I am so pleased to find myself here because I am still new in this game. though i am not out-rightly new but prefer to be addressed as that as long as my knowledge is yet to be fetching income for me. so, my appeal goes to all the gurus in the house to please help me in every way u can to put me through whatever it takes to start earning something from trading.

Any hint or info will be deeply appreciated. But to start with, I will like someone to tell me how I can get the following indicators because i cant find them on my platform:

1. TDI
2. Round number indicator
3. JF Trading Time Indicator

Thanks so much.
  • #2,669
  • Jun 6, 2012 10:58am Jun 6, 2012 10:58am
OK Guy,

Food is serve.

Here the cooking, I hope it taste nice.


NOTE : Once you understand this, please go other Charts I posted to Steve earlier, and put the same or Better story line. Then you post it in this Forum.

You will learn better by doing this mental excercise youself. Whatever you read from my posting will not stick to your head, until YOU APPLY IT YOURSELF !!!.

Give Shot try to post Chart set-up, and it will stick to your Hard Skull. !


P/S Steve, please do me a favour......
Can you set up 15M Chart NZDUSD, with same set up and explain why would you take the short & then Long for everyone to learn ( because you are very wise and full of wisdom - plus write with good English).

By doin' this you do yourself a favour, it will stick to you forever.

Sincerely

PAT
Attached Image (click to enlarge)
Click to Enlarge Name: ej 15 mins.jpg Size: 243 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,670
  • Jun 6, 2012 11:04am Jun 6, 2012 11:04am
Quoting JefianceTen
Pat,
Hi sorry to ask you this but where can i get the s&r indicators like yours coz what i have doest look anything like what you re having.

Thanks
Hi Jef,

that''s not Indy, but Daily Pivot, S1,s@,S3 and R1,R2,R3. Its available,

If anyone can please post Indy to Jef please, coz I'm on explaining few more tricks to share.

Thank you for helping other brother and sister here.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,671
  • Jun 6, 2012 11:13am Jun 6, 2012 11:13am
Hello everyone,

Just wanted to introduce myself to the thread. Just found this a couple of days ago and it really piqued my interest. Thanks loveevery1 for the nice thread and all your efforts.

I'm only up to page 82 reading so I have some catching up to do, but wanted to chime in with my first two trades I took this morning. Might as well get my feet wet.

The first was on A/U and I got stopped out at +11 pips
The second is on U/Chf and is still trailing at about +30 pips.

Let me know what everyone thinks about the setups, if I got them right.

Thanks again,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 117 KB
Click to Enlarge Name: usdchf.jpg Size: 119 KB
  • #2,672
  • Edited 11:32am Jun 6, 2012 11:17am | Edited 11:32am
Quoting Imi
Let me try
with the sell you waiting untill green recross red under MBL because
that was a CT
for long you used VT band as a guide.when green cross back up
you trigered long because it was in the trend

imi

thx your posts, please keep coming
realy want to know what is the answer

Very good answer and you are well verse with TDI.

But to feel confidnet with the trade you're about to take, is look at 240mins Chart. Look to the left, U see Price got nowhere to go and scale dow to smaller TF, draws as many lines as you want. Wait and be patience for the final key to hit that button.

TDI really help you to decide , so you won't go wrong. EMA's is there to warned you if you're trading against the trend. Since the PA is already 130 something pips from 200EMA, its oppurtunity to look for CT.

Many other answer you can reason and add, but when in trading all this packages comes to my head and i see all of them as one signal, through practise you will prevail.

If you don't mind please post a chart tomoro and you tought with it, for other to learn, as well most importantly for you to discover the magic of seeing chart.


PAT

p/s ohhhh my fingre, hope to stop typing soon/
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,673
  • Jun 6, 2012 11:31am Jun 6, 2012 11:31am
Quoting Pat Chiko
Hi Steve,

while waiting, lookat this pair, it has also the same set-up.( Only Miss 800EMA doesn't come into play here) This is rpeat of of EJ. Many other similar set-up if you browse Charts.

Look at them and see from different view.

Steve,

should had asked you to buy instead on just " LOOKING" I'm sorry about that. I saw the price want to go higher, when it hit the RN in the chart I posted, plus the PA is still above 10EMA, and TDI line up nicely. ( From RN to current PA is already +30 pips)


Apology again.

PAT
Attached Image (click to enlarge)
Click to Enlarge Name: nu 15 mins.gif Size: 175 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,674
  • Jun 6, 2012 11:34am Jun 6, 2012 11:34am
Quoting Pat Chiko
Very good answer and you are well verse with TDI.

But to feel confidnet with the trade you're about to take, is look at 240mins Chart. Look to the left, U see Price got nowhere to go and scale dow to smaller TF, draws as many lines as you want. Wait and be patience for the final key to hit that button.

TDI really help you to decide , so you won't go wrong. EMA's is there to warned you if you're trading against the trend. Since the PA is already 130 something pips from 200EMA, its oppurtunity to look for CT.

Many other answer you can reason...
thx for your answer.I'll try post chart,but I don't know yet how?
I'll figure out.
imi
If you're going through hell, keep going. Winston Churchill
  • #2,675
  • Jun 6, 2012 11:39am Jun 6, 2012 11:39am
Quoting Imi
thx for your answer.I'll try post chart,but I don't know yet how?
I'll figure out.
imi
Anyone willing to assist imi in getting chart posting. My finger is tired.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,676
  • Jun 6, 2012 11:54am Jun 6, 2012 11:54am
Imi

I dunno if this is how others do it but for me i just go to my chart and right click and select Save As Picture > Active Chart > Click OK

Give the chart a name and save it.
When post a reply just Click Attachment and look for the image where u save it.

Thats how i do it
  • #2,677
  • Jun 6, 2012 11:56am Jun 6, 2012 11:56am
Imi on MT4 platform go to file on upper left hand corner and then select save as picture, then select your image active chart (as is). Then either save to your picture folder or create a new folder and save. Then as you reply to FF go to manage attachments and bring up your folder by browzing and there you have it.
  • #2,678
  • Edited 12:35pm Jun 6, 2012 12:05pm | Edited 12:35pm
Quoting shawn3245
Ok Im going to give this a shot.

The first candle that you drew a red line you didnt short yet because A) The yellow line TDI was pointing higher not lower B) the red line crossed above the yellow line.

The second candle that you drew a red line to that you didnt short was because the yellow TDI line was flat and not giving any direction yet.

The third candle that you drew a red line to that you didnt short was because the green TDI line was heading back up and looked like it was going to cross the red TDI line again. The TDI yellow line...
The first candle that you drew a red line you didnt short yet because A) The yellow line TDI was pointing higher not lower YES , best answer

B) the red line crossed above the yellow line. TRUE. Totally


The second candle that you drew a red line to that you didnt short was because the yellow TDI line was flat and not giving any direction yet.
Absolutly True


The third candle that you drew a red line to that you didnt short was because the green TDI line was heading back up and looked like it was going to cross the red TDI line again.
YES with but, Indi react slower than PA. The chart shown after TDI moves position after PA. Watch this lagging indi. They are for guide only.

The TDI yellow line was finally sloping down though. The price also closed above the 10 EMA. The same thing happened with the 4th candle.
YES.


You finally went short after being patient and seeing the inverted hammer along with the price below the 10 EMA the yellow TDI line sloping down and the red line crossed above the green. That 4/4 full mark.!!!!



The reason for the long was because the rejection of the 200 EMA (if thats is what the purple line is). Purple is 800EMA. 200 EMA below that. I rather put it as rejection of R1, plus couldn't break Yeaterday High.


Now, you have tried with all the effort, Please do me a favour if you are able to help me putting the same theory to EURUSD pair. They had similar set up. If you have time please post it tomorow, for everyone to share and for you to gain. Use S&R, then TL, then RN plus use 800/200EMA and 10EMA. Let alone TDI in your Chart. In need to see how your comment on setup just using the above tools.

Thank You

PAT
Attached Image (click to enlarge)
Click to Enlarge Name: eu 15 mins.jpg Size: 196 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,679
  • Jun 6, 2012 12:07pm Jun 6, 2012 12:07pm
First yellow line is 15m Nu short after it hit last weeks high and bounced. Pat teaches us to be aware that the first bounce on a reversal is usually a sucker punch so wait for its retest before entering. I drew the brown uptrend line Pat teaches to find the correct entry when price closed below it. Man, that was easier than I thought. An easy target would be yesterday’s high which Is also at the 0.7600 round number.

Second yellow line is the long trade which is created from a bounce off yesterday’s high and the 0.7600 round number. The trigger is the opening of the blue candle above the close of the red candle. If you look at the 1h chart you’ll see the support to the left that supported price stopping here. A respectable target would be the day’s high even though price went on twice that far up to now.

You could use TDI on both these trades. The second trade made 25 pips using Pat’s entry before the TDI crossed. You could use the TDI crossing as confirmation to stay in the trade.

Please add the missing facts to this learning chart. Here are the basics for discussion.

A huge thank you to Pat for his generosity. Thank you!! Please don’t take him for granted. He is a rare professional willing to give his time. Be blessed!
Attached Image (click to enlarge)
Click to Enlarge Name: today's trades1.gif Size: 32 KB
  • #2,680
  • Jun 6, 2012 12:14pm Jun 6, 2012 12:14pm
Quoting spyderman
Hello everyone,

Just wanted to introduce myself to the thread. Just found this a couple of days ago and it really piqued my interest. Thanks loveevery1 for the nice thread and all your efforts.

I'm only up to page 82 reading so I have some catching up to do, but wanted to chime in with my first two trades I took this morning. Might as well get my feet wet.

The first was on A/U and I got stopped out at +11 pips
The second is on U/Chf and is still trailing at about +30 pips.

Let me know what everyone thinks about the setups, if I got them...
Welcome Syderman; I really like your thread; if I can make profits with LE1 I might invest some of it in your daily method. Awesome to have you here. Steve
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