Another simple system - Time-Frame 15 | Page 239 | 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

  • #4,761
  • Aug 3, 2012 6:54am Aug 3, 2012 6:54am
I use MBTradiing here in USA; spread: Eu 0 to 1; Gu & Au: 0-2; Commission is two thirds of a pip for a round trip. ECN fills are instant...no requotes.

You can watch the spread to go to 0 on any pair and there's no spread; it varies. Sometimes I do this.

Been with them for 3 years or so.

I use their Navigator platform and IKON MT4 demo with another broker for charts whose new day begins at 5pm NY EST. But MBT offers MT4. I just don't like its new day beginning at midnight EST.

I'm curious how loveevery1's new broker is working out.
  • #4,762
  • Aug 3, 2012 7:09am Aug 3, 2012 7:09am
Quoting orko_555
Yeah mate that's bad, but got another oppurtinity and earned 10 pips on bounce off from adr on 15 tf and bounce off from the trendline on 4H tf

Hope Steve you got it!!!
Regards,
Roman.
really smart work Orko; inspires me.
  • #4,763
  • Aug 3, 2012 7:21am Aug 3, 2012 7:21am
Quoting stevewide
really smart work Orko; inspires me.
Thanks Steve!

I wish i hold the position for longer period i would have made about 30 pips more
I'm still afraid of holding positions even when i use DEMO!!!!!!!

Oh God! need something to strengthen my courage!!

Roman..
  • #4,764
  • Aug 3, 2012 7:25am Aug 3, 2012 7:25am
Quoting orko_555
Thanks Steve!

I wish i hold the position for longer period i would have made about 30 pips more
I'm still afraid of holding positions even when i use DEMO!!!!!!!

Oh God! need something to strengthen my courage!!

Roman..
More small wins will strengthen it...they will lead to gradually larger wins.
  • #4,765
  • Aug 3, 2012 7:38am Aug 3, 2012 7:38am
Quoting stevewide
More small wins will strengthen it...they will lead to gradually larger wins.
Thanks Steve bro!!!!
i hope you are right!
Now we have the news let's see what will happen
Roman.
  • #4,766
  • Aug 3, 2012 8:17am Aug 3, 2012 8:17am
goochie, nice job!
orko_555, well done!
Congratulations to you two!!
Thanks for the charts!
Keep pipping!

LOVE n Peace
  • #4,767
  • Aug 3, 2012 8:54am Aug 3, 2012 8:54am
What pivot zone do you use for trading ?

I use pivot for trading that is price probably remain between the 1st support (S1) and resistance (R1) levels .

Once one of these levels is penetrated other traders will be attracted to the market, and should the second level be breached, the longer term traders are attracted to the market.

There is Standard Asian Open, GMT,Euro Open and US open.

So which one do you use ?



Love

Assange
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pivot euro.gif Size: 84 KB
Click to Enlarge Name: pivot new york.gif Size: 83 KB
We are in control of our destiny but have no control over our fate.
  • #4,768
  • Aug 3, 2012 9:06am Aug 3, 2012 9:06am
Typical ways of handling PP and four more important levels drawn in my chart.

LPS1, low of the previous session.
HPS1, high of the previous session.
LPS2, low of the session before the previous session.
HPS2, high of the session before the previous session.

These levels will tell us the strength of the market at any given moment.

If the market is trading above the PP, then the market is considered in a possible uptrend.

If the market is trading above HPS1 or HPS2, then the market is in an uptrend, and we only take long positions.

If the market is trading below the PP then the market is considered in a possible downtrend.
If the market is trading below LPS1 or LOPS2, then the market is in a downtrend, and we should only consider short trades.



Love

Assange
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pivot asian.gif Size: 84 KB
Click to Enlarge Name: pivot gmt.gif Size: 84 KB
We are in control of our destiny but have no control over our fate.
  • #4,769
  • Aug 3, 2012 9:14am Aug 3, 2012 9:14am
Or do you use 240M Pivot on 15M TF Chart ?




Love


Assange
Attached Image (click to enlarge)
Click to Enlarge Name: pivot 20 m.gif Size: 164 KB
We are in control of our destiny but have no control over our fate.
  • #4,770
  • Aug 3, 2012 9:24am Aug 3, 2012 9:24am
Or do you use fibo pivot to enter and exit trade, which is very easy to spot today.



Love


assange
Attached Image (click to enlarge)
Click to Enlarge Name: pivot fibo.gif Size: 34 KB
We are in control of our destiny but have no control over our fate.
  • #4,771
  • Aug 3, 2012 9:34am Aug 3, 2012 9:34am
or do you use dinapoli 240m fib on hourly TF ?


anyone use any kind of Pivot for trading ?


Love

assange
Attached Image (click to enlarge)
Click to Enlarge Name: pivot 240.gif Size: 41 KB
We are in control of our destiny but have no control over our fate.
  • #4,772
  • Aug 3, 2012 9:48am Aug 3, 2012 9:48am
Hello Assange,

Welcome back mate....i see you after long time .

Well i mainly use THV 4 pivots ....i dont know the calculation behind them but they are pretty accurate.

and i used them for my exit point.
  • #4,773
  • Aug 3, 2012 9:48am Aug 3, 2012 9:48am
or you use fib extension pivot for quick in out scalping trading ?


Anyone, anybody use Pivot ?


Love


assange
Attached Image (click to enlarge)
Click to Enlarge Name: pivot fib extension.gif Size: 246 KB
We are in control of our destiny but have no control over our fate.
  • #4,774
  • Edited 10:02am Aug 3, 2012 10:01am | Edited 10:02am
Hi, Assange.
Nice to see you drop in the thread.
I use fibo pivot to trade.
Pivot does help us enter and exit a trade.
I don't know so many pivots like you do, so, just use this fibo pivot.
This chart is AU M15. I can see the pivot trading goes well with LV1 method.
Attached Image

Hope to learn more.
Thanks Assange
  • #4,775
  • Aug 3, 2012 10:12am Aug 3, 2012 10:12am
Pivot is a map to seethe price in relative to previous market action.

This information can help us decide which way to trade.

As a definition, a pivot point is a turning point or condition in which the sentiment of the market changes from “bull” to “bear” or vice versa.


Also at this level, the market is expected to have some kind of support/resistance, and if price can’t break the pivot point, a possible bounce.

With dinapoli fib pivot you can LONG amd Short the market by watchin PA move around them.

Anyone use any of those pivot ? and maybe you want to share tips here.


Love

Assange
Attached Image (click to enlarge)
Click to Enlarge Name: pivot fib extension.gif Size: 255 KB
We are in control of our destiny but have no control over our fate.
  • #4,776
  • Aug 3, 2012 10:37am Aug 3, 2012 10:37am
Quoting Assange
Typical ways of handling PP and four more important levels drawn in my chart.

LPS1, low of the previous session.
HPS1, high of the previous session.
LPS2, low of the session before the previous session.
HPS2, high of the session before the previous session.

These levels will tell us the strength of the market at any given moment.

If the market is trading above the PP, then the market is considered in a possible uptrend.

If the market is trading above HPS1 or HPS2, then the market is in an uptrend, and...

welcome home my sister....good to see you in here.how is that possible...i just thought about these things today and you post something exactly the same after your visit.god is watching me i feel....

this is going to help me alot for my golden goose...thanks and god bless
Let all the living things live blissfully
  • #4,777
  • Aug 3, 2012 10:55am Aug 3, 2012 10:55am
Quoting loveevery1
welcome home my sister....good to see you in here.how is that possible...i just thought about these things today and you post something exactly the same after your visit.god is watching me i feel....

this is going to help me alot for my golden goose...thanks and god bless
Nice to see you Big Brother,

I use this format of trading extensively and easy to spot every trade i enter. It's not prediction but the psychology behind this approach is simple.

We know that for some reason the market stopped there from going higher/lower the previous session, or the session before that.

We don’t know the reason, and we don’t need to know it. ( i don't care to know)

If anyone would like to elaborate on this or give and ideas or try to join discussion ?. you're welcome to learn, if not, i guess Arjun's will keep his golden egg secret then. lol !

LPS1, low of the previous session.
HPS1, high of the previous session.
LPS2, low of the session before the previous session.
HPS2, high of the session before the previous session.
PP, pivot point.

What is important about this approach is that support and resistance levels are measured objectively;


God Blessed you Arjun and your family


Love

Assange
We are in control of our destiny but have no control over our fate.
  • #4,778
  • Aug 3, 2012 11:03am Aug 3, 2012 11:03am
Coincident or just fluke with PP trading ?


RED circle = pips


Love


Assange
Attached Image (click to enlarge)
Click to Enlarge Name: eu 15mins.jpg Size: 165 KB
We are in control of our destiny but have no control over our fate.
  • #4,779
  • Aug 3, 2012 11:30am Aug 3, 2012 11:30am
That's is all market are willing to give out today. I'm all out now, left only 2 pips on the table which I didn't take


See you next week and we can make more pips using Arjun Method.


Hope he will let us know his Golden Egg secret soon......lol


Love

Assange
Attached Image (click to enlarge)
Click to Enlarge Name: eu 60mins.gif Size: 148 KB
We are in control of our destiny but have no control over our fate.
  • #4,780
  • Aug 3, 2012 12:22pm Aug 3, 2012 12:22pm
i hope will get the secret.

Lovery your temps look like the advanced synergy/THV. have you find this trick based on synergy ? THV inspired you ?
7 traders viewing now