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Another simple system - Time-Frame 15

  • #4,081
  • Jul 19, 2012 9:20am Jul 19, 2012 9:20am
Quoting Kilobucks
Thanks, I am enjoying this thread and have a lot left of it to read thru. Will keep me busy in the meantime for quite awhile no doubt.
no worries mate...god bless
Let all the living things live blissfully
  • #4,082
  • Jul 19, 2012 9:22am Jul 19, 2012 9:22am
Quoting loveevery1
do u really think he is new to forex...mate...lol????

Guess!!!!
surely not to forex, just new to your wonderful thread...LE1
I never lose - either I win or I learn...
  • #4,083
  • Jul 19, 2012 9:41am Jul 19, 2012 9:41am
Quoting jdva
surely not to forex, just new to your wonderful thread...LE1
Hey Guys.....

I'm Not new to Forex but this Thread.....

yep i'm on to this business Over 4+ Years now....& Trading higher TF, a little different from this thread.... so i had a slight hesitation to post on this thread.... but still all my entries/Exit/Trade management happens on 15M.....

So you guys can count me on this thread.... from now on......

Happy Trading......
Bulls.
  • #4,084
  • Jul 19, 2012 9:56am Jul 19, 2012 9:56am
Guys......

Look at the chart........ isn't that telling you something....... YES.... it says...... "Its Time to Watch....."

Sitting on a uptrend Support line with a tweezer bottom.......

Just try to read every candle stick....... there is no indicator which can replace Price Action.....

Good Going....
Bulls.
Attached Image
  • #4,085
  • Jul 19, 2012 9:59am Jul 19, 2012 9:59am
Attached Image (click to enlarge)
Click to Enlarge Name: EU CT.png Size: 48 KB


still made some pips with EU CT trade crossind green/red and GU trendtrade...bull flag break

HT jdva
I never lose - either I win or I learn...
  • #4,086
  • Jul 19, 2012 10:15am Jul 19, 2012 10:15am
Quoting loveevery1
...always keep it simple folks......


PATIENCE PAYS
I am keeping everything simply complicated at the moment the irony ...
Steadfastness is held above all success
  • #4,087
  • Jul 19, 2012 10:17am Jul 19, 2012 10:17am
Quoting goochie
I am keeping everything simply complicated at the moment the irony ...
What happened to you my friend...what is that you want to know...
Let all the living things live blissfully
  • #4,088
  • Jul 19, 2012 10:28am Jul 19, 2012 10:28am
Quoting loveevery1
What happened to you my friend...what is that you want to know...
Just got a little lost putting everything together / especially deciding on direction for the day - started to run before i could walk - going to just focus on basic set up ...

Any way i owe you (me) something, which is in progress as we speak .... upload soon
Steadfastness is held above all success
  • #4,089
  • Jul 19, 2012 10:45am Jul 19, 2012 10:45am
i understand the entry and exit on the 15min wat i dont understand is wat to look for on the 4hr or daily chart, pls help me out, images will also go long way tanks
  • #4,090
  • Jul 19, 2012 11:35am Jul 19, 2012 11:35am
Here's the cleanest classic le1 setup I could find today a couple hours before NY open.

Day chart: nice pinbar, hammer up yesterday. Almost a doji

4h: price touched the 10ema with nice up slope; Decision: look for a long

15m: price went down, touched 200ema; next it went up with momentum past the round number 1.5650 and closed accross the 10ema.

End of story....piptopia

Steve
Attached Images
  • #4,091
  • Jul 19, 2012 11:42am Jul 19, 2012 11:42am
Thanks for this thread!
Imi

Folks, please read, it's all in here!
Attached Image (click to enlarge)
Click to Enlarge Name: CT.jpg Size: 64 KB
If you're going through hell, keep going. Winston Churchill
  • #4,092
  • Jul 19, 2012 11:58am Jul 19, 2012 11:58am
Quoting Imi
good pipping...



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

thank and God bless you all
imi
.
If you're going through hell, keep going. Winston Churchill
  • #4,093
  • Jul 19, 2012 12:01pm Jul 19, 2012 12:01pm
Quoting stevewide
Here's the cleanest classic le1 setup I could find today a couple hours before NY open.

Day chart: nice pinbar, hammer up yesterday. Almost a doji

4h: price touched the 10ema with nice up slope; Decision: look for a long

15m: price went down, touched 200ema; next it went up with momentum past the round number 1.5650 and closed accross the 10ema.

End of story....piptopia

Steve
Hi Steve,

So you dont consider 1hr -- as this where i maybe get confused im bouncing around day, 4hr and 1hr .... with out a clear process.

Therefore interpreting what you just said its really day and 4hr .... then look for entry .... so dependent on what the 4hr candle forms as - will determine if you look at 15 min for a trade .... therefore you are looking for a trade 3 time a day .... once at LO because of the action over night then on the close of the 10 o clock and 2 oclock ( european time ) 4hr candle .....

Dont get me wrong i appreciate more experienced traders are actively looking at the PA at all TF all day .... but for a newbie the above is a good place to start .......

In retrospect what i am doing is looking at day, then PA before LO then kind of i suppose not re evaluating ..... so i get stuck on an out of date picture ...

... just looking at 15 min for a setup on conditions which are gradually getting more and more out of date ....
Steadfastness is held above all success
  • #4,094
  • Jul 19, 2012 12:04pm Jul 19, 2012 12:04pm
Quoting Imi
.
Imi, i get what you are saying and i myself have but along the way i lost my process

ie mixed up my ways of looking at things

Just asking for a bit of clarification - thats all

Peace Profound
Steadfastness is held above all success
  • #4,095
  • Jul 19, 2012 12:22pm Jul 19, 2012 12:22pm
Quoting goochie
Imi, i get what you are saying and i myself have but along the way i lost my process

ie mixed up my ways of looking at things

Just asking for a bit of clarification - thats all

Peace Profound
I know you work hard, and it will come to you. I was confused too.
Don't give up.
Do it like LE1 suggested and only trade the classic setup with TDI.
Once you mastered that go on with the more advanced setups.
Take your time !!!! It'll come to you
If you're going through hell, keep going. Winston Churchill
  • #4,096
  • Jul 19, 2012 12:27pm Jul 19, 2012 12:27pm
Quoting Imi
I know you work hard, and it will come to you. I was confused too.
Don't give up.
Do it like LE1 suggested and only trade the classic setup with TDI.
Once you mastered that go on with the more advanced setups.
Take your time !!!! It'll come to you
Cheers mate ........
Steadfastness is held above all success
  • #4,097
  • Edited 1:09pm Jul 19, 2012 12:29pm | Edited 1:09pm
Quoting stevewide
I'm not sure I can help. I know the first thing you can try is stop all interest in countertrend trades. And just place 10, 200 and 800 ema's on your chart with TDI yellow, red and green line. See how these work together before adding complications that are confusing you.

Since you are just starting I'd suggest the following:[list][*]spend alot of time studying this thread. Stop looking at other threads. Dedicate yourself to mastering this method.[*]Only look at Euro/Usd; Aud/Usd and Gbp/Usd next. That's all.[*]watch price during the London...
please read this! The whole post! Please, click the blue arrow beside his
name to read the whole post!
Steve could put it in words better than me.
If you're going through hell, keep going. Winston Churchill
  • #4,098
  • Jul 19, 2012 12:32pm Jul 19, 2012 12:32pm
Quoting Imi
please read this
Steve could put it in words better than me.
Run before i can walk ....

Would be interested in your feedback on the post i made above .. quoting Steve
Steadfastness is held above all success
  • #4,099
  • Jul 19, 2012 12:51pm Jul 19, 2012 12:51pm
hi guys i have question and is posted on charts ....pls clarify me so i know how to look at charts .?

Thanks.
Attached Image (click to enlarge)
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  • #4,100
  • Jul 19, 2012 1:06pm Jul 19, 2012 1:06pm
[quote=goochie;5857681]Hi Steve,

So you dont consider 1hr -- as this where i maybe get confused im bouncing around day, 4hr and 1hr .... with out a clear process.

quote]

I'm trying my best to include only what loveevery1 does on this thread. Why would I want to do different until I mastered the basic way he trades? That's why I'm here.

In a past post I asked loveevery1 if he looks at 1h. He said no.

Occassionally, he said: 1h or 5m may help clear up confusion with 15m once you have the trend and best price area to trade in...found on the 4h and day chart.

I asked loveevery1 if he looks at weekly chart. he said an occassional glance.

That is where I concluded the day, 4h and 15m chart with the 10, 200 and 800 ema are the only things he says I need.

Loveevery1 also suggests we use the TDI red, green and yellow lines as a new trader confirmation until its clear how the ema's replace it. I just recently dropped using TDI...

I strive to become a better trader with this. I miss alot of trades, hesitate, enter wrong, get scared, panic, etc... I 'm no expert. I have to use the basics. Loveevery1 convinced me its all I need to conquor my fears and become a consistent trader...just executing it is the current challenge.

Hoping this helps,

Steve
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