Another simple system - Time-Frame 15 | Page 211 | 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

  • #4,201
  • Jul 20, 2012 9:09am Jul 20, 2012 9:09am
Ohhhh!!
missed this bounce off 200 ema on 4h for quick 20 pips!
Cheers
Roman
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 198 KB
  • #4,202
  • Jul 20, 2012 9:09am Jul 20, 2012 9:09am
new EU low for over 2 years, wasnt brave enough to buy the RN 1.5150...

HT jdva
I never lose - either I win or I learn...
  • #4,203
  • Jul 20, 2012 9:10am Jul 20, 2012 9:10am
Quoting jdva
new EU low for over 2 years, wasnt brave enough to buy the RN 1.5150...

HT jdva
Hei mate maybe 1.2150
  • #4,204
  • Jul 20, 2012 9:16am Jul 20, 2012 9:16am
Quoting orko_555
Hei mate maybe 1.2150
yes, of course...thx
I never lose - either I win or I learn...
  • #4,205
  • Jul 20, 2012 9:39am Jul 20, 2012 9:39am
long 1.21526, SL 8 pips.....
I never lose - either I win or I learn...
  • #4,206
  • Jul 20, 2012 9:41am Jul 20, 2012 9:41am
Quoting jdva
long 1.21526, SL 8 pips.....
...Stop at BE....
I never lose - either I win or I learn...
  • #4,207
  • Jul 20, 2012 9:47am Jul 20, 2012 9:47am
Quoting jdva
...Stop at BE....
stopped at BE...
I never lose - either I win or I learn...
  • #4,208
  • Jul 20, 2012 9:54am Jul 20, 2012 9:54am
Quoting jdva
stopped at BE...
very often, it is not prudent to adjust the stop to BE too early, especially if SL is low....always still learning
now 1.2166.....


HT jdva
I never lose - either I win or I learn...
  • #4,209
  • Jul 20, 2012 10:00am Jul 20, 2012 10:00am
Quoting jdva
very often, it is not prudent to adjust the stop to BE too early, especially if SL is low....always still learning
now 1.2166.....


HT jdva
PA 1.2170....idea was okay but execution insufficient...
I never lose - either I win or I learn...
  • #4,210
  • Jul 20, 2012 10:25am Jul 20, 2012 10:25am
guys chatroom still active now a days ?
If yes how can i join ?
  • #4,211
  • Jul 20, 2012 10:29am Jul 20, 2012 10:29am
Quoting ronaleo10
guys chatroom still active now a days ?
If yes how can i join ?
chatroom still active although I'm not active there much. just skype me at stevewide and I'll add you
  • #4,212
  • Jul 20, 2012 10:35am Jul 20, 2012 10:35am
sure steve, i will do it .

Thanks.
  • #4,213
  • Jul 20, 2012 10:55am Jul 20, 2012 10:55am
Quoting ronaleo10
sure steve, i will do it .

Thanks.
Hey did u receive my PM, i send u yesterday.i m also on that room if u like skype me and i will add u too..

Thanks,
Brij
  • #4,214
  • Jul 20, 2012 1:15pm Jul 20, 2012 1:15pm
loveevery1
the pinbar what does it do.does it mean that in this diagram there will be a downward trend or what


the power of PIN bars
Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1342106621
  • #4,215
  • Jul 20, 2012 4:58pm Jul 20, 2012 4:58pm
Quoting kbforex
Hello Traders!
I SALUTE L1
any comment would be appreciated, short after the close of red candle with long wick
thanks
Hi Kbforex,

As no one has responded to your request I'll try to help.

If you look at the chart below you'll see one of the main things I look for.
The biggest issue is having the patience to wait for it to occur, which is one of my biggest problems, but that's an whole different ball game.

You want to look for momentum candles that move with some purpose, after all that effort they need to rest, this is when the correction comes in to play and price will retrace. Now it's looking for something to prop it up and finds the 10 ema a good resting place it catches its breath here with the inside candle and then resumes it's efforts once more and continues it's journey.

Check back through your charts and look for this type of setup.
Attached Image (click to enlarge)
Click to Enlarge Name: 20th July UCHF 15m Chart.jpg Size: 109 KB
  • #4,216
  • Jul 20, 2012 5:06pm Jul 20, 2012 5:06pm
Wow Steve,

It is as simple and effective it can get ...
pls keep helping us new guys

Thanks
  • #4,217
  • Jul 20, 2012 6:26pm Jul 20, 2012 6:26pm
Quoting stevepatt
Hi Kbforex,

As no one has responded to your request I'll try to help.

If you look at the chart below you'll see one of the main things I look for.
The biggest issue is having the patience to wait for it to occur, which is one of my biggest problems, but that's an whole different ball game.

You want to look for momentum candles that move with some purpose, after all that effort they need to rest, this is when the correction comes in to play and price will retrace. Now it's looking for something to prop it up and finds the 10 ema a good resting...
hello stevepatt!
i say a very big thank you to u , for taking time to carefully give meaning to this seems unpredictable market(forex). your xplanation is very clear all i will take on board all u have said.
i SALUTE WITH U WITH BOTH HANDS N THE REST OF THE GUYS FOR THE WONDERFUL STUFFS U GUYS ARE TEACHING US FOR 'FREE' HERE
THANKS
Enter Signature
  • #4,218
  • Jul 21, 2012 3:06am Jul 21, 2012 3:06am
I have been mostly trading 5m charts with mixed results so I recently moved up to the 15m TF.

I look for the same things on the 15m TF as I did on the 5m TF but the 15m TF is more reliable for the signals generated.

You can look for these things on all TFs it just takes a lot longer to set up on the higher TFs but the signals should be more reliable.

I'm afraid, I've not got the patience for the higher TFs.

The thing I'm guilty of is trying to force a set up because of time restrictions
if you have the time and patience it's just a matter of waiting for the correct setup to form before entering a trade.

Sometimes concentrating on one, favourite, pair can pay off, and really focus your attention on the PA and what it's trying to tell you.
Attached Image (click to enlarge)
Click to Enlarge Name: 21st July GU 15m Chart.jpg Size: 114 KB
  • #4,219
  • Jul 21, 2012 4:01am Jul 21, 2012 4:01am
Hi
i read ure post from page 1,,
how can i apply these indicators to FX Pro MT4
  • #4,220
  • Jul 21, 2012 4:05am Jul 21, 2012 4:05am
I find I make my best trades when I only look at the TF I'm trading.

That was the mistake I made earlier in the week by placing too much emphasis on the higher TF trend lines etc

It makes things a whole lot simpler when you can zoom right in and really concentrate on the PA of the pair your trading and not be distracted by outside forces.
Trend lines and MAs are only lines if the market makers want to push it in their direction price will go straight through them it's looking for the strong impulsive moves that's important.

If the trade doesn't work out as expected move on to the next one
Attached Image (click to enlarge)
Click to Enlarge Name: 21st July EU 15m Chart.jpg Size: 84 KB
6 traders viewing now