Another simple system - Time-Frame 15 | Page 267 | Forex Factory

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Another simple system - Time-Frame 15

  • #5,321
  • Aug 24, 2012 4:22am Aug 24, 2012 4:22am
this morning price had some lovely bounces of the resistance areas.
After that price retraced and gives us another chance to get some pips after retracement.

If you compare it to the TDI the TDI retraces to the yellow line which is at times the 50% or 61.8% retrace.
If we see rejection there we can enter again. EU and EJ is having some nice rejection candle at the retracement levels

Is my thinking right? correct me if im wrong
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 15min 4.jpg Size: 131 KB
X-man the legendary conqueror of markets
  • #5,322
  • Aug 24, 2012 4:36am Aug 24, 2012 4:36am
So guys,
here are another +11 pips on eu.
The trade was done on the basis of RN bounce off (price couldn't close above it for 2 times and also couldn't close adove the downward trendline).
The reason for closing it with 11 pips is that the price reached it's support level (it was tested for 7 times, probably this level will be broken at this time, but i would rather have 11 pips intead be or negative), probably now the price will try to break this support level and 200 ema to the downwards because price already tested 200 ema once today. Will see
Any comments?
Regards,
Roman
Attached Image (click to enlarge)
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  • #5,323
  • Aug 24, 2012 5:23am Aug 24, 2012 5:23am
Quoting orko_555
So guys,
here are another +11 pips on eu.
The trade was done on the basis of RN bounce off (price couldn't close above it for 2 times and also couldn't close adove the downward trendline).
The reason for closing it with 11 pips is that the price reached it's support level (it was tested for 7 times, probably this level will be broken at this time, but i would rather have 11 pips intead be or negative), probably now the price will try to break this support level and 200 ema to the downwards because price already tested 200 ema once today. Will see
Any...
Oh yeah!!! another 10 pips.
As i have said the price broke and closed below 200 ema and the recent support has become a turncoat support, i entered with pending sell order on a brake of local (current) uptrend line and closed the pos with 10 pips profit.

Any comments guys!!
Regards,
Roman
Attached Image (click to enlarge)
Click to Enlarge Name: Безымянный.png Size: 181 KB
  • #5,324
  • Aug 24, 2012 5:34am Aug 24, 2012 5:34am
Quoting X-Man
Loveevery1 tell me your thinking behind taking this trade?
correct me if im wrong but Price hit resistance on the 1H TF.
Are there any other factors?
On the 15min TDI the green crossed the yellow and the red lines

take a look at it mate...
Attached Image(s) (click to enlarge)
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Let all the living things live blissfully
  • #5,325
  • Aug 24, 2012 5:39am Aug 24, 2012 5:39am
Quoting X-Man
Ive noticed that drawing the 4H and the 1H R&S levels on the 15min TF works like a charm.
we always trade with the help of HTF...they provide clues
Let all the living things live blissfully
  • #5,326
  • Aug 24, 2012 5:44am Aug 24, 2012 5:44am
Quoting loveevery1
take a look at it mate...
Mate, did you enter at the touch of 10ema on the H1?
  • #5,327
  • Aug 24, 2012 5:44am Aug 24, 2012 5:44am
Quoting X-Man
this morning price had some lovely bounces of the resistance areas.
After that price retraced and gives us another chance to get some pips after retracement.

If you compare it to the TDI the TDI retraces to the yellow line which is at times the 50% or 61.8% retrace.
If we see rejection there we can enter again. EU and EJ is having some nice rejection candle at the retracement levels

Is my thinking right? correct me if im wrong
On this picture...the cross occured below the yellow line..thats where you need to get in...when all other conditions are met....
Let all the living things live blissfully
  • #5,328
  • Aug 24, 2012 5:52am Aug 24, 2012 5:52am
Quoting Olarion1975
Mate, did you enter at the touch of 10ema on the H1?
No mate...i wanted to enter when they started to sell it...i sold little below the 1hr 10ema...little late...by 3 pips...
Let all the living things live blissfully
  • #5,329
  • Aug 24, 2012 5:56am Aug 24, 2012 5:56am
Look
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 26 KB
Let all the living things live blissfully
  • #5,330
  • Aug 24, 2012 6:10am Aug 24, 2012 6:10am
Signal : Please see previous posts today on AUD HTF analysis

1hr - fail to close above 10 EMA
TDI cross

Entry : looking for pullback to 10 EMA

TP : 20 pips
SL : 20 pips
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 10EMA.png Size: 60 KB
Steadfastness is held above all success
  • #5,331
  • Aug 24, 2012 6:19am Aug 24, 2012 6:19am
Quoting goochie
Signal : Please see previous posts today on AUD HTF analysis

1hr - fail to close above 10 EMA
TDI cross

Entry : looking for pullback to 10 EMA

TP : 20 pips
SL : 20 pips

simple dont you think my friend....just playin with 10ema...you are rocking my friend...you copied my analysis....that was on my mind...thats why i said it will break through..and it did
Let all the living things live blissfully
  • #5,332
  • Aug 24, 2012 7:12am Aug 24, 2012 7:12am
E/U scalp @ RN, entry on M1.
thx
Attached Image
If you're going through hell, keep going. Winston Churchill
  • #5,333
  • Aug 24, 2012 7:34am Aug 24, 2012 7:34am
thanks for the detailed explanation loveevery1.
Now im seeing the light of how you guys can trade without the TDI.
THe 10ema is very very important.
X-man the legendary conqueror of markets
  • #5,334
  • Aug 24, 2012 7:46am Aug 24, 2012 7:46am
now see these trades folks....
Attached Image(s) (click to enlarge)
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Let all the living things live blissfully
  • #5,335
  • Aug 24, 2012 7:47am Aug 24, 2012 7:47am
Quoting X-Man
thanks for the detailed explanation loveevery1.
Now im seeing the light of how you guys can trade without the TDI.
THe 10ema is very very important.
It is indeed.....it will tell you to enter exit everything...on any TF...
Let all the living things live blissfully
  • #5,336
  • Aug 24, 2012 7:48am Aug 24, 2012 7:48am
if these same things are happening every single day then forex is the easiest profession ever.
Thats why all you guys here are cracking the markets with huge lot sizes.

X-man the legendary conqueror of markets
  • #5,337
  • Aug 24, 2012 7:49am Aug 24, 2012 7:49am
Quoting loveevery1
now see these trades folks....
I kept selling whenever the price retraced....i was late even for this...i should have sold it exactly on the RN+4hr 10ema+200ema...

anythingelse you guys want???
Let all the living things live blissfully
  • #5,338
  • Aug 24, 2012 7:50am Aug 24, 2012 7:50am
Quoting X-Man
if these same things are happening every single day then forex is the easiest profession ever.
Thats why all you guys here are cracking the markets with huge lot sizes.

we humans complicate it my friend...market is the collection of human minds....10ema on any TF.....has meaning...you should read my post about number 10....lol...
Let all the living things live blissfully
  • #5,339
  • Aug 24, 2012 7:52am Aug 24, 2012 7:52am
eu sell on 15min. +36 and +16


Attached Image (click to enlarge)
Click to Enlarge Name: eu sell.gif Size: 16 KB
Let your plan trade for you, not your emotion!!!
  • #5,340
  • Aug 24, 2012 7:52am Aug 24, 2012 7:52am
i wont trade anymore i guess....29+10+11+13+10=do the math
Let all the living things live blissfully
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