Another simple system - Time-Frame 15 | Page 206 | 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

  • #4,101
  • Jul 19, 2012 1:12pm Jul 19, 2012 1:12pm
Quoting stevewide


Hoping this helps,

Steve
Does very much so ....

Peace profound
Steadfastness is held above all success
  • #4,102
  • Jul 19, 2012 1:15pm Jul 19, 2012 1:15pm
[quote=stevewide;5857846]
Quoting goochie
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...

well said mate
If you're going through hell, keep going. Winston Churchill
  • #4,103
  • Jul 19, 2012 1:18pm Jul 19, 2012 1:18pm
Quoting ronaleo10
hi guys i have question and is posted on charts ....pls clarify me so i know how to look at charts .?

Thanks.
Simply coz its the first touch...simple isnt it??...i have typed million times in this thread about this....and there is no confirmation of the price it was a hammer..which cleraly tells us there are buyers left and we naturally expect a bounce off that when the price touches it for the first time that day,,,,atleast a small retracement is definatly possible on the 200mea coz that is 4hr 10ema...

Hope this clears...next time it was very clear...

read the whole thread...my brother...everything is there...
Let all the living things live blissfully
  • #4,104
  • Jul 19, 2012 1:20pm Jul 19, 2012 1:20pm
Quoting goochie
Does very much so ....

Peace profound
I cant see you getting confused mate...hang on will reply to your email...its midnight here...and i'm very tired..god bless me...lol
Let all the living things live blissfully
  • #4,105
  • Jul 19, 2012 1:27pm Jul 19, 2012 1:27pm
Quoting loveevery1
I cant see you getting confused mate...hang on will reply to your email...its midnight here...and i'm very tired..god bless me...lol
No panic .. get some sleep ...
Steadfastness is held above all success
  • #4,106
  • Jul 19, 2012 1:30pm Jul 19, 2012 1:30pm
[quote=stevewide;5857846]
Quoting goochie
Hi Steve,


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...
Hello Steve

It's a very good explanation..I am at the same stage like you not looking a TDI any more and starting to look why the past candle close that way, what will going to happen in next candle or in the future but still like u i m missing a good setup,getting scared and panic not controlling my emotions etc..So i m working on it and only taking a basic setup trade now even i can see a CT setup very clearly..Just want to be a consistent trader ...One day we all just hang on to this thread and blessed by Arjun

Thank you so much Arjun and all of the trader who keep sharing their knowledge and experience on this lovely thread.

Brij.
  • #4,107
  • Jul 19, 2012 1:36pm Jul 19, 2012 1:36pm
Hi LE1,

Thanks for the clarification.

you are right i need to go through this one more time ...as i am not that much experienced i get confused some time.

Problem with me is that sometime i try to hard to understand complexity of trading leaving simplicity. But i guess it will all come with time.
  • #4,108
  • Jul 19, 2012 1:56pm Jul 19, 2012 1:56pm
My lesson of the day is to keep it simple stupid, I've been trying to be be to cute with my trading today.

Less is definitely more with this method thank you for your guidance Arjun.

Regards

Steve
  • #4,109
  • Jul 19, 2012 2:05pm Jul 19, 2012 2:05pm
This might be helpful...might confuse too...

Steve

PS: StevePatt: you've helped me alot with your charts. Your advanced! compared to my simple. Thanks for so much help.
Attached Image
  • #4,110
  • Jul 19, 2012 2:17pm Jul 19, 2012 2:17pm
I'm sick and tired of being sick and tired.........I miss most all these; make mistakes; hold mistakes, etc...but i'm getting better at working the complicated out of my system...simple rules.

Steve
Attached Image
  • #4,111
  • Jul 19, 2012 2:22pm Jul 19, 2012 2:22pm
Quoting stevepatt
My lesson of the day is to keep it simple stupid, I've been trying to be be to cute with my trading today.

Less is definitely more with this method thank you for your guidance Arjun.

Regards

Steve
KISS
Steadfastness is held above all success
  • #4,112
  • Jul 19, 2012 2:28pm Jul 19, 2012 2:28pm
Au tricky in that price never touched a 4h or day ema all day. Trend is easy but when you haven' t seen this before I stay away.

These 3 charts ready for discussion if there's anything someone can teach from them to help us.

Steve
Attached Image
  • #4,113
  • Jul 19, 2012 2:43pm Jul 19, 2012 2:43pm
Quoting ronaleo10
Hi LE1,

Thanks for the clarification.

you are right i need to go through this one more time ...as i am not that much experienced i get confused some time.

Problem with me is that sometime i try to hard to understand complexity of trading leaving simplicity. But i guess it will all come with time.
My friend,

1.Do your home work

2.Exhaust all boundaries of your knowledge

3. Exercise your knowledge

3. Post a chart

4. Get feedback

5. Lick your wounds

6. Fight another day

KISS
Steadfastness is held above all success
  • #4,114
  • Jul 19, 2012 2:46pm Jul 19, 2012 2:46pm
Quoting stevewide
I'm sick and tired of being sick and tired.........I miss most all these; make mistakes; hold mistakes, etc...but i'm getting better at working the complicated out of my system...simple rules.

Steve
Hi Steve,

Thanks for your help, what you have said with these two charts makes a lot of sense.

I must place more emphises on trading from the 4h and daily emas
  • #4,115
  • Jul 19, 2012 3:00pm Jul 19, 2012 3:00pm
Quoting goochie
My friend,

1.Do your home work

2.Exhaust all boundaries of your knowledge

3. Exercise your knowledge

3. Post a chart

4. Get feedback

5. Lick your wounds

6. Fight another day


KISS

THanks bro for encouraging word.

I think best way to learn is no matter how much simple its for someone but when you are looking at charts , and dont understand something or wrong in trading decision , we should put the chart and ask for clarification from experience member.
  • #4,116
  • Jul 19, 2012 3:07pm Jul 19, 2012 3:07pm
Quoting ronaleo10
THanks bro for encouraging word.

I think best way to learn is no matter how much simple its for someone but when you are looking at charts , and dont understand something or wrong in trading decision , we should put the chart and ask for clarification from experience member.
What i meant by home work was ...

Home work is something mentioned many times in the thread for in experienced traders such as ourselves given by experienced traders and topics are given for home work ....

Peace profound ...

PS any experienced traders want to offer up home work tasks ?
Steadfastness is held above all success
  • #4,117
  • Jul 19, 2012 3:30pm Jul 19, 2012 3:30pm
Quoting goochie
What i meant by home work was ...

Home work is something mentioned many times in the thread for in experienced traders such as ourselves given by experienced traders and topics are given for home work ....

Peace profound ...

PS any experienced traders want to offer up home work tasks ?
not sure i'm qualified just yet as experienced but I'm trading this live so maybe that qualifies me.

Le1 calls homework going back and looking at past charts for setups like I just marked a few posts ago. Its not necessary to mark them just observe what's happening on 15m, 4h and day chart. I'll place a vertical line on each 4h and day touch of an ema and then go to 15m chart and see the entry.

When something new is discovered, go back over the last weeks charts and find its use. Le1 says he practices using his charts all the time to stay sharp. I should practice more than I have.

That's all the homework I've done with charts. I would do this for the present month of past charts.

I've also copied all the instructions le1 says into a word doc...I'll attach the updated copy here if you want to read it instead of the thread. But there's experienced traders on the thread you might want to read what they say too...say the last few weeks.

Le1 mentioned using a simulator in this thread but I haven't tried that. Has anyone any experience using it?

Le1 says look at past charts and demo very little. After spending enough time to confidently see trades demo a few and then trade penny pips.

I'm sure there's better advice someone can offer than ths. Steve
Attached File(s)
File Type: doc Another Simple -ADVANCED.doc   2.7 MB | 1,383 downloads
  • #4,118
  • Jul 19, 2012 3:56pm Jul 19, 2012 3:56pm
Quoting goochie
What i meant by home work was ...

Home work is something mentioned many times in the thread for in experienced traders such as ourselves given by experienced traders and topics are given for home work ....

Peace profound ...

PS any experienced traders want to offer up home work tasks ?



Hi Friends,

Maybe, this is what you need to sharpen your skill. I hope you can practice this and understand how A move around EMAs and understanding timing to enter and exit.

The last line in the manual says.

"I hope you enjoy using this tool. I know for a fact that it will improve your trading more than you may realize at first. I suggest that you spend at least an hour in the simulator per day."

Not much I could help, but the least I can think off for the benefit if all traders in this thread . All the best

Sincerely

Pat Chiko
Attached File(s)
File Type: zip Trading simulator.zip   491 KB | 976 downloads
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,119
  • Jul 19, 2012 3:56pm Jul 19, 2012 3:56pm
Hello Stevewide,

I have started to use LFH simulator last week , its really good and fast way of gaining experience.
Only problem is you cant change time frame in order to make analysis.

So, what i am doing is , i have opened demo with 3 different brokers and 3 different mt4.
and than i open Daily , 4H and 15 min in 3 different Mt4.

Than i open yearly calendar for news ...( So to avoid simulation trading during news time )

It is as realistic as it can get and speed up the process depend on speed of your decision making .

you can do weeks testing in couple of hours.
Attached File(s)
File Type: rar Trade Simulator.rar   486 KB | 767 downloads
  • #4,120
  • Jul 19, 2012 4:18pm Jul 19, 2012 4:18pm
Quoting ronaleo10
Hello Stevewide,

I have started to use LFH simulator last week , its really good and fast way of gaining experience.
Only problem is you cant change time frame in order to make analysis.

So, what i am doing is , i have opened demo with 3 different brokers and 3 different mt4.
and than i open Daily , 4H and 15 min in 3 different Mt4.

Than i open yearly calendar for news ...( So to avoid simulation trading during news time )

It is as realistic as it can get and speed up the process depend on speed of your decision making .

you can do weeks...
Thanks friend,
I admit I may be too old fashioned for that fancy of a setup but I may try it too. I downloaded the simulator. Steve
12 traders viewing now