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Another simple system - Time-Frame 15

  • #4,901
  • Aug 9, 2012 11:16am Aug 9, 2012 11:16am
Quoting Olarion1975
I forgot to mention you have to register before you can download it (I did). But you do not need to because I will attach the files here.

There are 2 files in the ZIP: the installer and the manual.
mate...you simply rock with your results and your helping nature....i couldnt try this today i was bit tied up with my UPS...lol....

I will try it morrow...thanks mate..
Let all the living things live blissfully
  • #4,902
  • Aug 9, 2012 11:36am Aug 9, 2012 11:36am
Quoting loveevery1
god bless my friend...im in the process of creating a super duper method....remember that goose....just today blind entry would have netted around 100-150 pips on different pairs...

I will not start another thread to discuss that.that is only for good souls on invitation...i will invite you my friend...and other true souls here..hang tight

I LOVE SOMEONE WHO LOVES EVERYONE
Woohoo! Iam so happy like a school kid
If you're going through hell, keep going. Winston Churchill
  • #4,903
  • Aug 9, 2012 2:27pm Aug 9, 2012 2:27pm
Quoting Olarion1975
Hi forexnubie,

no problem! Please find attached the indicators I use and my template.
Hi Olarion,

thank you so much for your help. Do you use TDI?

thanks
  • #4,904
  • Aug 9, 2012 3:25pm Aug 9, 2012 3:25pm
Quoting Imi
anyway, I made a reminder for myself " SEE THE TREND"
and stick it on my screen.
Counter trends are great and I tend to see them more often.
I want to divide my brain to see both, and feel the balance , because
trend trades pay bigger pips.
Well done Imi,
You have a good understanding of Arjun's teachings. I wonder though, for the enjoyment of the many followers here, would you talk us through these 2 CT trades - reason for entry & exit, targets ,stops etc.
We follow your posts with great interest and always look forward to every traders success but sometimes we get a bit lost with charts shown. Generally I think we ( most of us anyway ) undertand what a CT is but the signals for entry are many and varied. Do you personally have a basic setup you follow?
I wish you every success- you have worked hard and your results confirm this.
Cheers
Brian
  • #4,905
  • Aug 9, 2012 3:46pm Aug 9, 2012 3:46pm
Quoting forexnubie
Hi Olarion,

thank you so much for your help. Do you use TDI?

thanks
You are welcome. No, I do not use TDI (anymore). I dropped it from my charts soon after starting to trade according to LE1's rules. It can help to read price action but it is lagging of course. So once you are comfortable with the basic setups I suggest to get rid off the TDI and watch price action only.

The real key to success is mastering price action as LE1 is also saying. Start watching price and its relation to the EMAs (10,200,800), round numbers (50's and 00's) as well as to support and resistance zones on higher time frames (H4, Daily, Weekly). Once you know the direction price is likely to go, prepare your entry and pull the trigger. It is simple but not easy, so practice and train your eyes by watching charts as much as you can. Good luck!
  • #4,906
  • Aug 9, 2012 5:35pm Aug 9, 2012 5:35pm
Here is my trade for today. Not been around for a while.

Entered after the 2nd momentum candle. 15 pips on 1st lot and 48 pips on second. total +63pips.

Was not around to trade, just an hour, hence the reason for not closing the second lot for larger profit. 15 pips is all i need though to get to my destination. the rest is about position sizing and risk management.

Thanks LE1, the thread has fully matured. Just finished reading up.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
Let your plan trade for you, not your emotion!!!
  • #4,907
  • Edited 2:00am Aug 10, 2012 1:41am | Edited 2:00am
Short EJ after FO @96.58 . Stop 7 pips. PA down from EMA800 (blue) and daily EMA10 (thick red), previous bounce from 4h EMA10 (medium red). Looking to take 15 pips. A bit risky before LO. Therefore, SL break even already.

PA looks like RN will be broken. Let's see how it goes.

http://photouploads.com/images/screenqxq.png

Update: 15 pips bagged. Let there be rock!

Details on money management: 1% equity on 20 pips while risking 0.3% (7 pips). Profit 0.75%. Risk-reward-ratio 1:2. Thanks Loveevery1 for pointing my eyes to tight stops. That's the way to do it with PA around important levels.
  • #4,908
  • Aug 10, 2012 2:19am Aug 10, 2012 2:19am
Quoting Pacific
Short EJ after FO @96.58 . Stop 7 pips. PA down from EMA800 (blue) and daily EMA10 (thick red), previous bounce from 4h EMA10 (medium red). Looking to take 15 pips. A bit risky before LO. Therefore, SL break even already.

PA looks like RN will be broken. Let's see how it goes.

http://photouploads.com/images/screenqxq.png

Update: 15 pips bagged. Let there be rock!

Details on money management: 1% equity on 20 pips while risking 0.3% (7 pips). Profit 0.75%. Risk-reward-ratio 1:2. Thanks Loveevery1 for pointing...
You got it my friend...only enter where you can keep a tight stop less than 10 pips...or dont enter....thats the key...im happy its working for you....your risk reward is excellent mate.....awesome results...i seeing your charts...keep it up
Let all the living things live blissfully
  • #4,909
  • Aug 10, 2012 2:26am Aug 10, 2012 2:26am
hello all!
kindly comment pls
SHORT on GBPUSD
REASONS
10ema below 200 ema
10 just cross below 800ema with a strong big candle with upper wick
entry after the 2nd red can rejection from both 10 n 800 ema
1DAY 10ema rejection to down side
TDI
GREEN BELOW RED N BOTH BELOW PINK.
Attached Image (click to enlarge)
Click to Enlarge Name: 102198 VantageFX Trader - [GBPUSD,M15]_2012-08-10_08-09-45.jpg Size: 163 KB
Enter Signature
  • #4,910
  • Aug 10, 2012 2:33am Aug 10, 2012 2:33am
Quoting kbforex
hello all!
kindly comment pls
SHORT on GBPUSD
REASONS
10ema below 200 ema
10 just cross below 800ema with a strong big candle with upper wick
entry after the 2nd red can rejection from both 10 n 800 ema
1DAY 10ema rejection to down side
TDI
GREEN BELOW RED N BOTH BELOW PINK.
This is how we must take...i took 10 pips off EU drop....but was good for 25 pips....i think these days 10 pips is more than what i need...coz my SL is tiny...so the LOTS are big....
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 23 KB
Let all the living things live blissfully
  • #4,911
  • Aug 10, 2012 2:35am Aug 10, 2012 2:35am
Hello All!
short on EURUSD
KINDY COMMENT.
THANKS
L1 GOD BLESS UR HOUSEHOLD.
Attached Image (click to enlarge)
Click to Enlarge Name: 102198 VantageFX Trader - [EURUSD,M15]_2012-08-10_08-31-16.jpg Size: 114 KB
Enter Signature
  • #4,912
  • Aug 10, 2012 2:38am Aug 10, 2012 2:38am
Quoting kbforex
Hello All!
short on EURUSD
KINDY COMMENT.
THANKS
L1 GOD BLESS UR HOUSEHOLD.
that is exactly where i shorted...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 21 KB
Let all the living things live blissfully
  • #4,913
  • Edited 2:51am Aug 10, 2012 2:40am | Edited 2:51am
Quoting loveevery1
You got it my friend...only enter where you can keep a tight stop less than 10 pips...or dont enter....thats the key...im happy its working for you....your risk reward is excellent mate.....awesome results...i seeing your charts...keep it up
Thank you, thank you!



I should add for my fellow newbies (well, I should admit that after 2 years of trading, I am a semi-newb already, or should I say "still", lol): Excellent entries are the key. Otherwise, tight stops won't work, obviously. Before entry, I ask myself (1) "what is the highest level to which price might retrace in case of continuation down (short case). And that's where I put my limit entry order. If it doesn't get hit and I miss the train, so what. There are many excellent opportunities every day. Remember: Greed kills everyone (not only traders).

The second question I ask myself: (2) If I get an entry here, would a stop of 7 pips (1/3 of 20 pips in the EJ example above) give enough safety so that even a minor stop hunt wont hit it (e.g. 2 pips beyond RN). If I can confidently answer both questions with yes, my entry point is good and I fire up the order.
  • #4,914
  • Aug 10, 2012 2:42am Aug 10, 2012 2:42am
Quoting loveevery1
This is how we must take...i took 10 pips off EU drop....but was good for 25 pips....i think these days 10 pips is more than what i need...coz my SL is tiny...so the LOTS are big....
Thanks L1,
Correct me pls, i guess i took the same with U, xcept my stop was alittle lower'
i just want know from ur point of view is there any caution or anything i need to consider b4 taking trade like this OR its ok.
srry for the trouble n once agin , thanks for showing me the REAL meaning of LOVE N SHARING!!!!!!
Enter Signature
  • #4,915
  • Aug 10, 2012 2:43am Aug 10, 2012 2:43am
Quoting Pacific
Thank you, thank you!



I should add for my fellow newbies (well, I should admit that after 2 years of trading, I am a semi-newb already): Excellent entries are the key. Otherwise, tight stops won't work, obviously. Before entry, I ask myself (1) "what is the highest level to which price might retrace in case of continuation down (short case). And that's where I put my limit entry order. If it doesn't get hit and I miss the train, so what. There are many excellent opportunities every day. And greed kills everything (not only...
Dont let your mind control you....do the reverse my friend...god is always with you....lol
Let all the living things live blissfully
  • #4,916
  • Aug 10, 2012 2:45am Aug 10, 2012 2:45am
Got the same 20 points rejection of RN not sure how to post pics have downloaded Jing not read instructions. lol
  • #4,917
  • Aug 10, 2012 2:47am Aug 10, 2012 2:47am
Quoting kbforex
Thanks L1,
Correct me pls, i guess i took the same with U, xcept my stop was alittle lower'
i just want know from ur point of view is there any caution or anything i need to consider b4 taking trade like this OR its ok.
srry for the trouble n once agin , thanks for showing me the REAL meaning of LOVE N SHARING!!!!!!
If you see them selling what can stop you from selling with them??
Just go with the flow brother...do not hesitate you need to learn to spot them...thats all..

simple isnt it?
Let all the living things live blissfully
  • #4,918
  • Aug 10, 2012 2:52am Aug 10, 2012 2:52am
Quoting HowiB
Got the same 20 points rejection of RN not sure how to post pics have downloaded Jing not read instructions. lol
Hello mate!
u can try GREENSHOT.got it from a friend here too, its very good n simple, allows u to capture only where u what ,by right clicking on it n pick CAPTURE REGION.SIMPLEEEE
then save to a folder on ur system n upload from attachment on here.
hope this is meaningful n helpful.
cheers.
Enter Signature
  • #4,919
  • Aug 10, 2012 3:02am Aug 10, 2012 3:02am
Quoting loveevery1
Dont let your mind control you....do the reverse my friend...god is always with you....lol
I see, less thinking is what you suggest. Learn to feel them / the market. Hope this intuition will develop over time.
  • #4,920
  • Aug 10, 2012 3:11am Aug 10, 2012 3:11am
Quoting Pacific
I see, less thinking is what you suggest. Learn to feel them / the market. Hope this intuition will develop over time.
You have taken this birth to transfer from 6TH SENSE(common sense) to the next sense which is INTUITION.

so dont worry we all are on the same boat.
Let all the living things live blissfully
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