Another simple system - Time-Frame 15 | Page 203 | 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

  • #4,041
  • Jul 19, 2012 4:55am Jul 19, 2012 4:55am
Here's the bigger picture on EU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 19th July EU 4h Chart.jpg Size: 91 KB
Click to Enlarge Name: 19th July EU 1h Chart.jpg Size: 111 KB
  • #4,042
  • Jul 19, 2012 4:57am Jul 19, 2012 4:57am
Oops The Other One is going to be a Break Even Now......


Thats alright..... Part of this Business.

Cheers
Bulls
Attached Image
  • #4,043
  • Jul 19, 2012 4:59am Jul 19, 2012 4:59am
Quoting goochie
Hi Steve,

I notice you have the levels D1 10 EMA etc -- is this an indicator ? if so can you post me a copy -- to save me having to draw the levels each day ...

Peace profound
Here you go
Attached File(s)
File Type: ex4 MA Segments.ex4   37 KB | 594 downloads
  • #4,044
  • Jul 19, 2012 5:00am Jul 19, 2012 5:00am
Quoting stevepatt
Here you go
Cheers mate ....
Steadfastness is held above all success
  • #4,045
  • Jul 19, 2012 5:10am Jul 19, 2012 5:10am
Quoting Bulls
Oops The Other One is going to be a Break Even Now......


Thats alright..... Part of this Business.

Cheers
Bulls
Yes..... It Took me OFF...... that was a 30Pips Trade But BE Now.....

I Could Have closed it......, but thats fine as long as i'm not losing my money, every trade is a good trade/Learning.

Good Going....

Bulls
Attached Image
  • #4,046
  • Jul 19, 2012 5:23am Jul 19, 2012 5:23am
Took two earlier tonight, one for 21 and the second for 22.

First trade LO breakout, cautious as I entered just below BRN. Closed just above Daily R1 as price stalled near 1.2320 PPA resistance. Price action confirmed by 10ema and TDI per LE1's rules.

After serious pullback, took the second trade after IB break to the downside.
Again price below 10ema and TDI headed down as well. This trade broke the trading towards the 200ema rule, but my stop was only 8 pips and my target right at 24, the daily pivot. I figured if it reversed on me at the 200ema, I would close out fast. I already had my 20 pip daily target banked, so I felt comfortable with the risk.

As I type, I see EU broke hard to the upside. Alas, I think I'm done for the night (U.S. west coast).

Many pips to you all...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 23 KB
  • #4,047
  • Jul 19, 2012 5:25am Jul 19, 2012 5:25am
Is this HL and HH a sign of bulls start to win the battle??
Attached Image (click to enlarge)
Click to Enlarge Name: 19th JUly EU 15m Chart.jpg Size: 113 KB
  • #4,048
  • Jul 19, 2012 5:38am Jul 19, 2012 5:38am
Quoting Archimedes44
Took two earlier tonight, one for 21 and the second for 22.

First trade LO breakout, cautious as I entered just below BRN. Closed just above Daily R1 as price stalled near 1.2320 PPA resistance. Price action confirmed by 10ema and TDI per LE1's rules.

After serious pullback, took the second trade after IB break to the downside.
Again price below 10ema and TDI headed down as well. This trade broke the trading towards the 200ema rule, but my stop was only 8 pips and my target right at 24, the daily pivot. I figured if it reversed on me at the...
Hi Archimedes,

Nice trading, I like the way you've kept it simple and not looked outside of the TF your trading.

Just following PA and going with the momentum is often the best policy.
  • #4,049
  • Edited 6:41am Jul 19, 2012 6:11am | Edited 6:41am
26 pips on this 15m gu entry long; trigger was candle closing accross 10ema after RN 1.5650. Look at 4h and day chart where price above 10ema with plenty of room till next ema which is the day 4h 800ema far away at 1.5739. May reenter on first 15m touch of 10e.

As LE1 says.....look at ema's at round numbers 00 and 50 then push the button.

Eu long watch now after 15m 10ema approaches the RN 1.2300 but the day 10ema may not allow it to go up. However, the day 10ema is flat and last 3 candles pushing on it. Will wait for a classic 15m candle pattern on this one.

Good trading to you,

Steve

update: took gu long at 15m 10e touch; now b/e locked at +12; Praise Him!
Attached Image
  • #4,050
  • Jul 19, 2012 6:14am Jul 19, 2012 6:14am
Have to be prudence on EU……

Look at the 4H on EU, It’s at a Strong Resistance,

Though there is a HH/HL formation in the price, Look at the below chart, it tried to break the resistance twice since beginning of June but in vain, & this is the third attempt.

So wait till it Breaks/Rejects the resistance, & then Look for the Momentum/PA Formation to enter the Safe Trade.

Peace
Bulls.
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 36 KB
  • #4,051
  • Jul 19, 2012 6:35am Jul 19, 2012 6:35am
Quoting Bulls
Yes..... It Took me OFF...... that was a 30Pips Trade But BE Now.....

I Could Have closed it......, but thats fine as long as i'm not losing my money, every trade is a good trade/Learning.

Good Going....

Bulls
it happens..mate...as you said ITs FOREX...
Let all the living things live blissfully
  • #4,052
  • Jul 19, 2012 6:48am Jul 19, 2012 6:48am
good pipping

today EU CT on 15M + 20 pips,
It was a touch of the daily 10 EMA

guys I learned it all from this thread
I have read every post at least 3 times

thank and God bless you all
imi
Attached Image (click to enlarge)
Click to Enlarge Name: e 15.jpg Size: 187 KB
If you're going through hell, keep going. Winston Churchill
  • #4,053
  • Jul 19, 2012 6:59am Jul 19, 2012 6:59am
[quote=stevewide;5856203]26 pips on this 15m gu entry long; trigger was candle closing accross 10ema after RN 1.5650. Look at 4h and day chart where price above 10ema with plenty of room till next ema which is the day 4h 800ema far away at 1.5739. May reenter on first 15m touch of 10e.



Perfect set up! Congrats Steve!
Too bad it happened in my sleep time, I try to get up as early as I can
(live in EST), good pipping
If you're going through hell, keep going. Winston Churchill
  • #4,054
  • Jul 19, 2012 7:05am Jul 19, 2012 7:05am
hello folks....I havent been able to trade today...had some POWER problem...fixed just now...it ruined my forex and helped me with my eyes..dint see this stupid computer for the whole day...LOL..

Looks like lot folks here are minting money today...god bless you all...

Request :::: I dont want you guys to get any losers..but if you got one coz of something.plz post....i want to review them and learn from them

..
Let all the living things live blissfully
  • #4,055
  • Jul 19, 2012 7:15am Jul 19, 2012 7:15am
another nice one, happened in London
trend trade, no sweat
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 119 KB
If you're going through hell, keep going. Winston Churchill
  • #4,056
  • Jul 19, 2012 7:27am Jul 19, 2012 7:27am
35 pips this time to 1.5712 which seemed to be the bottom of a supply zone around July 2, 2012. Entry was touch of 10ema with no ema's immediatley above it.

Unusual for me to take a trade in between round numbers but maybe I'm ready when I see it looks right to me. We'll see...

Happy Easy Trading,

Steve
Attached Image
  • #4,057
  • Jul 19, 2012 7:59am Jul 19, 2012 7:59am
Get ready Guys………..

Another Trigger from 4H, Tweezer top candlestick pattern,

Enter from 15M for the best Entry.....

Enjoy

Bulls.
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 36 KB
  • #4,058
  • Jul 19, 2012 8:02am Jul 19, 2012 8:02am
Quoting stevewide
35 pips this time to 1.5712 which seemed to be the bottom of a supply zone around July 2, 2012. Entry was touch of 10ema with no ema's immediatley above it.

Unusual for me to take a trade in between round numbers but maybe I'm ready when I see it looks right to me. We'll see...

Happy Easy Trading,

Steve

  • #4,059
  • Jul 19, 2012 8:04am Jul 19, 2012 8:04am
Nice to get feedback from a trader such as yourself. I appreciate your analysis and have always gotten something useful from your posts, both here and on Sho's thread.

I did consult the higher time frames, but all I gathered was that price was hovering around the 10ema all the way up to the daily level, and also that 1.2320 has been a barrier all week.

I generally feel comfortable hopping on at the LO or NYO if the big boys are pushing away from a round number towards either the .0020 or .0080 levels. These seemed to be hit with regularity and for me have been reasonably safe targets.

Happy trading all
  • #4,060
  • Jul 19, 2012 8:04am Jul 19, 2012 8:04am
You know why i took it,,,
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 20 KB
Let all the living things live blissfully
11 traders viewing now