Another simple system - Time-Frame 15 | Page 191 | 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

  • #3,801
  • Jul 16, 2012 7:22am Jul 16, 2012 7:22am
to every experienced trader..

can give some comment whether i make a right decision?
Attached Image (click to enlarge)
Click to Enlarge Name: 1234.gif Size: 44 KB
  • #3,802
  • Jul 16, 2012 7:29am Jul 16, 2012 7:29am
Quoting lowweiting
to every experienced trader..

can give some comment whether i make a right decision?
I see a few problems. First, the market has fallen 100 pips today and the ADR is about 100 pips. Second, if you look over to the left of your chart you'll see a support level and the market is approaching that level. Third, the TDI is below 32. The market can still fall but it's a high-risk trade. It could pull back at any time.
  • #3,803
  • Jul 16, 2012 7:41am Jul 16, 2012 7:41am
thk u very much...NOTOUCH

forgot the ADR..

really thk...
  • #3,804
  • Jul 16, 2012 7:59am Jul 16, 2012 7:59am
Quoting rkp
LE1,

I saw this but I didn't take it...

Is this a newbie setup though? Isn't the PA too close/crossing the 200ema?

Just need a clarification here.

Thank you and you're great as always!
see it this way...my friend...what happened overall was...the folks were selling...we need a safe place to sell....

first when the price touched the 200ema...we will naturally see a bounce...that is nothing but PROFIT taking by folks who have sold from top.and the price dint hold what i mean is if there were lot of buying at 200ema it would have gone up 50 pips from that level right???...

but that dint happen there..big boys rarely bought anything there the confirmation is the second red candle and few other red closing below 200ema...and the indecision below the 200ema is the place to go short...all in the eyes..
Let all the living things live blissfully
  • #3,805
  • Jul 16, 2012 8:07am Jul 16, 2012 8:07am
Quoting loveevery1
see it this way...my friend...what happened overall was...the folks were selling...we need a safe place to sell....

first when the price touched the 200ema...we will naturally see a bounce...that is nothing but PROFIT taking by folks who have sold from top.and the price dint hold what i mean is if there were lot of buying at 200ema it would have gone up 50 pips from that level right???...

but that dint happen there..big boys rarely bought anything there the confirmation is the second red candle and few other red closing below 200ema...and...
Brilliant as always!
  • #3,806
  • Jul 16, 2012 8:10am Jul 16, 2012 8:10am
Quoting notouch
I've been trading forex for years but I've never tried to master the 1 minute chart because of the chop. I'd love to see how you do it though.

helo mate,,i know its not easy but at the same time is not impossible...i want to test my patience and fear in that TF....i have been testing it for a while now..seems good to me though...LOL

I need little common sense and NO FEAR.....if i can prove it in 1min..then i will think i know forex...if not...i dont....lets see...

coz most of the traders here are so scared to touch 1min....if i fail i will not continue...i will speak to steve morrow..and ask him if he wants to join me in this project
Let all the living things live blissfully
  • #3,807
  • Jul 16, 2012 8:11am Jul 16, 2012 8:11am
Quoting rkp
Brilliant as always!
forgot to attach picture...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 22 KB
Let all the living things live blissfully
  • #3,808
  • Jul 16, 2012 8:11am Jul 16, 2012 8:11am
Quoting orko_555
And here we go!!!! The power of Support and Round Number!! this is what i was taking about!
Regards,
Roman.
Stopped out at +8
had not reached my TP for 1 pip
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 212 KB
  • #3,809
  • Jul 16, 2012 8:15am Jul 16, 2012 8:15am
Quoting loveevery1
forgot to attach picture...
Greatly appreciated... It's clearer now
  • #3,810
  • Jul 16, 2012 8:16am Jul 16, 2012 8:16am
Quoting orko_555
Stopped out at +8
had not reached my TP for 1 pip
And one more news trade for +7 pips!
Attached Image (click to enlarge)
Click to Enlarge Name: 6.png Size: 204 KB
  • #3,811
  • Jul 16, 2012 8:17am Jul 16, 2012 8:17am
Quoting loveevery1
helo mate,,i know its not easy but at the same time is not impossible...i want to test my patience and fear in that TF....i have been testing it for a while now..seems good to me though...LOL

I need little common sense and NO FEAR.....if i can prove it in 1min..then i will think i know forex...if not...i dont....lets see...

coz most of the traders here are so scared to touch 1min....if i fail i will not continue...i will speak to steve morrow..and ask him if he wants to join me in this project
LE1!!
Count on me too on 1 min TF!

Roman!
  • #3,812
  • Jul 16, 2012 8:19am Jul 16, 2012 8:19am
Quoting loveevery1
helo mate,,i know its not easy but at the same time is not impossible...i want to test my patience and fear in that TF....i have been testing it for a while now..seems good to me though...LOL

I need little common sense and NO FEAR.....if i can prove it in 1min..then i will think i know forex...if not...i dont....lets see...

coz most of the traders here are so scared to touch 1min....if i fail i will not continue...i will speak to steve morrow..and ask him if he wants to join me in this project
I read that professional scalpers trade on tick charts instead of M1. It seems the signals are better. I have tried myself but failed miserably on demo...

If you are interested, I can send you the 2 indis for MT4 that will allow you to use tick charts... I guess the preferred settings are 33, 133, 233 or 533 ticks. Another one recommends 70 ticks (the one I tried).

It does not work with all brokers for some reason though (but works with most)...
  • #3,813
  • Jul 16, 2012 9:21am Jul 16, 2012 9:21am
EU maybe I place long order when it passed 50's. SL 18 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eu 240 mins.gif Size: 23 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,814
  • Jul 16, 2012 9:34am Jul 16, 2012 9:34am
Quoting Pat Chiko
EU maybe I place long order when it passed 50's. SL 18 pips


L : 1.22250. SL 1.22070.


PAT CHIKO
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,815
  • Jul 16, 2012 9:36am Jul 16, 2012 9:36am
Quoting Pat Chiko
EU maybe I place long order when it passed 50's. SL 18 pips
If it passes 1.2250 soon, wouldn't it reach ADR and wouldn't it be over-bought on TDI (over 68)???

Just a newbie trying to understand...
  • #3,816
  • Jul 16, 2012 9:41am Jul 16, 2012 9:41am
Quoting rkp
If it passes 1.2250 soon, wouldn't it reach ADR and wouldn't it be over-bought on TDI (over 68)???

Just a newbie trying to understand...

Hmmmmmmm,,,,,,

Maybe, but as You notice I don't know how to interprate/read TDI and I never knew what's the ADR reading now. If you don't mind , please post me your 15M Chart with TDI & ADR showing the position. Because i'm targeting +50 pips for this move

Thank You

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,817
  • Jul 16, 2012 9:41am Jul 16, 2012 9:41am
Quoting Pat Chiko
L : 1.22250. SL 1.22070.


PAT CHIKO
You meant 1.2225? I don't see a TDI cross...
  • #3,818
  • Jul 16, 2012 9:44am Jul 16, 2012 9:44am
Quoting Pat Chiko
Hmmmmmmm,,,,,,

Maybe, but as You notice I don't know how to interprate/read TDI and I never knew what's the ADR reading now. If you don't mind , please post me your 15M Chart with TDI & ADR showing the position. Because i'm targeting +50 pips for this move

Thank You

PAT
Here ya go, pal:
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2012-07-16 at 10.42.51 AM.png Size: 35 KB
  • #3,819
  • Jul 16, 2012 9:46am Jul 16, 2012 9:46am
Quoting rkp
You meant 1.2225? I don't see a TDI cross...

YES Sir,

1.22250. Sorry for the missing number.


PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #3,820
  • Jul 16, 2012 10:13am Jul 16, 2012 10:13am
Quoting rkp
If it passes 1.2250 soon, wouldn't it reach ADR and wouldn't it be over-bought on TDI (over 68)???

Just a newbie trying to understand...
Hi rkp

Take a look at TDI on 4h TF.

As for ADR, if your trading at this time of day on an higher TF you will more than likely be holding the trade over night so ADR isn't so relevant you need to be looking at the weekly levels for trades taken from the higher TFs.
6 traders viewing now