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Another simple system - Time-Frame 15

  • #5,001
  • Aug 13, 2012 9:03am Aug 13, 2012 9:03am
My bias was long today, and I was waiting for the trigger
Attached Images
If you're going through hell, keep going. Winston Churchill
  • #5,002
  • Aug 13, 2012 9:35am Aug 13, 2012 9:35am
Quoting goochie
123 reversal confirmation ....

Next target was Day 10 EMA

Trade 1 : Shorted the bounce off of Day 10 EMA + 10 pips SL 10 pips

Trade 2 :

Entry : Pullback to round number - TDI bounce

SL 20 pips
TP 20 pips

+20 pips.
you seem to have ripped the market today my friend...good on
Let all the living things live blissfully
  • #5,003
  • Aug 13, 2012 9:36am Aug 13, 2012 9:36am
Quoting Imi
@RN, and yesterday's high


goochie, congrats on your trades. You nailed it. I wish I was here for
that buy.
this is what i calll confidence and consistency....what can i say all in the chart...god bless
Let all the living things live blissfully
  • #5,004
  • Aug 13, 2012 9:38am Aug 13, 2012 9:38am
Quoting Pacific
Expecting one more stop hunt below current swing low. If it happens, might take it long.

Update: Ambush taken out, -5 pips. Didn't wait for PA confirmation. Was it a mistake? Not sure at the moment. Will analyze later. Stepping aside now, some office stuff waiting. Opinions appreciated.
Here's a tip Pacific - 'Don't predict - react!'

It seems you were trying to predict what the market might do instead of reacting to what it actually did. I can't see any reason to go long there (maybe you saw a good risk:reward trade there).
  • #5,005
  • Aug 13, 2012 9:39am Aug 13, 2012 9:39am
watch EURCAD guys,....
Let all the living things live blissfully
  • #5,006
  • Aug 13, 2012 9:44am Aug 13, 2012 9:44am
Round number post....lol
Attached Image (click to enlarge)
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Let all the living things live blissfully
  • #5,007
  • Aug 13, 2012 9:56am Aug 13, 2012 9:56am
i should actively monitor the chart..or this is what will happen...BE lol
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 12 KB
Let all the living things live blissfully
  • #5,008
  • Aug 13, 2012 9:56am Aug 13, 2012 9:56am
Quoting loveevery1
i should actively monitor the chart..or this is what will happen...BE lol
see my stop on this one....
Let all the living things live blissfully
  • #5,009
  • Aug 13, 2012 9:58am Aug 13, 2012 9:58am
Quoting loveevery1
watch EURCAD guys,....
anyone took this???
Let all the living things live blissfully
  • #5,010
  • Aug 13, 2012 10:01am Aug 13, 2012 10:01am
Quoting Imi
@RN, and yesterday's high


goochie, congrats on your trades. You nailed it. I wish I was here for
that buy.
Cheers Imi,

Need to work towards the type of consistency your showing ....
Steadfastness is held above all success
  • #5,011
  • Aug 13, 2012 10:02am Aug 13, 2012 10:02am
Quoting loveevery1
you seem to have ripped the market today my friend...good on
Its all down to you my friend ......
Steadfastness is held above all success
  • #5,012
  • Aug 13, 2012 10:07am Aug 13, 2012 10:07am
As you can see entered in good position ...

Could have taken 10 pips ........

Went for 20 .............. Greed

Trade moved to break even.

Price pulled back ...........

Lengthened stop to 5 pips as EGO said this just cant be happening ....

Should have took the break even .......

Lesson learnt " accept the BE "
Attached Image (click to enlarge)
Click to Enlarge Name: EURCT.png Size: 58 KB
Steadfastness is held above all success
  • #5,013
  • Aug 13, 2012 10:10am Aug 13, 2012 10:10am
Quoting goochie
As you can see entered in good position ...

Could have taken 10 pips ........

Went for 20 .............. Greed

Trade moved to break even.

Price pulled back ...........

Lengthened stop to 5 pips as EGO said this just cant be happening ....

Should have took the break even .......

Lesson learnt " accept the BE "
always remember when you short or long above or below the 10ema...there is pull back...first thing you have to do is capital protection...

There will be a day where you will be very confident and let the trade run...for now just grab whatever you can and run my friend...this is build you confidence and after being consistent for 2 or 3 months...you have no idea...you will take everything possible....

Patience pays
Let all the living things live blissfully
  • #5,014
  • Aug 13, 2012 10:12am Aug 13, 2012 10:12am
IMI has learnt the art of CTs....which for most of the folks in FF are the touchest thing...any questions or concerns...please contact him and tell him to guide you folks....im free...lol
Let all the living things live blissfully
  • #5,015
  • Aug 13, 2012 10:13am Aug 13, 2012 10:13am
Signal: Strong bear bar - close outside of 800 EMA

Entry :

Pull back to 10 EMA
Round number

TP : 30 PIPS
SL : 20 PIPS
BE : After 11 PIPS
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 83 KB
Steadfastness is held above all success
  • #5,016
  • Aug 13, 2012 10:15am Aug 13, 2012 10:15am
Goochie, I was about to post my chart then saw you took the same trade. Anyway, here's my take on it.
Attached Image (click to enlarge)
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  • #5,017
  • Aug 13, 2012 10:16am Aug 13, 2012 10:16am
Quoting loveevery1
IMI has learnt the art of CTs....which for most of the folks in FF are the touchest thing...any questions or concerns...please contact him and tell him to guide you folks....im free...lol
hahaha i was thinking the same he is always sneaking in the CT's
Steadfastness is held above all success
  • #5,018
  • Aug 13, 2012 10:17am Aug 13, 2012 10:17am
Quoting goochie
Signal: Strong bear bar - close outside of 800 EMA

Entry :

Pull back to 10 EMA
Round number

TP : 30 PIPS
SL : 20 PIPS
BE : After 11 PIPS
how confident were you mate.??...wow...that was my entry...next time dont copy lol...
Let all the living things live blissfully
  • #5,019
  • Aug 13, 2012 10:21am Aug 13, 2012 10:21am
Quoting goochie
hahaha i was thinking the same he is always sneaking in the CT's
Trust me mate...you wouldnt have heard anywhere in FF what im about to say....

CTs are the easiest and almost 100% singals...i will forward you a youtube video(if i get it)...i remember watching it year ago...there was this old lady in the US who takes only CTs...she is very profitable...

1) ADR
2) RN
3) market open and market close....very important...
Let all the living things live blissfully
  • #5,020
  • Aug 13, 2012 10:22am Aug 13, 2012 10:22am
Quoting loveevery1
IMI has learnt the art of CTs....which for most of the folks in FF are the touchest thing...any questions or concerns...please contact him and tell him to guide you folks....im free...lol
I don't usually take them because I can't time them correctly. I have noticed that early in the NY session there is one final push in the direction of the London trend then at least a small (sometimes a total) reversal. Having booked profits by following the trend I'm usually too scared to give it away with a CT trade. I only take them if there is serious momentum behind the trade (like last Friday). I would love to hear how you and IMI time your CT trades. What signal do you wait for?
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