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Attachments: Another simple system - Time-Frame 15
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Another simple system - Time-Frame 15

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  • Post #5,801
  • Quote
  • Aug 31, 2012 1:43am Aug 31, 2012 1:43am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting goochie
Disliked
Signal : PPA, 800 EMA

Entry : 800 EMA

SL : 6 pips

Trade management : BE after 1st candle
Ignored
we both have exactly the same entry my friend...god bless both of us
Let all the living things live blissfully
 
 
  • Post #5,802
  • Quote
  • Aug 31, 2012 1:48am Aug 31, 2012 1:48am
  •  goochie
  • | Joined Jul 2012 | Status: Member | 260 Posts
Quoting loveevery1
Disliked
Good BE asap....protect the capital first....

here is the trade still runing....Sl moved very close to the price....Tp at the OPEN PRICE.
Ignored
I agree and at the moment i do lose some gains due to not using 5 / 1 min as i can t be at screen all the time.

So my rule of thumb at the moment is 10 pips TP before LO in order to keep it simple and if i have trade still open just before LO i will generally close / BE before LO.

As i like to sit on the side for the first 1hr of LO to watch - unless there is a very very clear / strong signal.
Steadfastness is held above all success
 
 
  • Post #5,803
  • Quote
  • Aug 31, 2012 1:49am Aug 31, 2012 1:49am
  •  goochie
  • | Joined Jul 2012 | Status: Member | 260 Posts
Quoting loveevery1
Disliked
we both have exactly the same entry my friend...god bless both of us
Ignored
Your great mind my friend .....
Steadfastness is held above all success
 
 
  • Post #5,804
  • Quote
  • Aug 31, 2012 2:11am Aug 31, 2012 2:11am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting goochie
Disliked
Your great mind my friend .....
Ignored
for some reason....missed my Tp...closed it manually for +12
Attached Image (click to enlarge)
Click to Enlarge

Name: 4.png
Size: 16 KB
Let all the living things live blissfully
 
 
  • Post #5,805
  • Quote
  • Edited at 2:34am Aug 31, 2012 2:13am | Edited at 2:34am
  •  bravo808
  • | Joined Aug 2012 | Status: Member | 2 Posts
Quoting Pacific
Disliked
Bravo -- Just a quick reply to your technical questions. For setup related stuff, please read the thread from post one. Highly recommended. Once you get the hang of it, you will find it hard to stop reading.

1. "Heiken Ashi", correct.
2. EMA = Exponential Moving Average, MA = Moving Average (same as SMA = Simple Moving Average). Your trading platform will offer both.

Good luck!

Ignored
thank you very much but im actually still very confused when i try to read page 1. For example, the thread starter chart look different than mine. This is my setup after installing his indicators and template (please check attachment file)

i see there's a yellow line missing from TDI. Where do i get that and how to add that stuff?

Quote
Disliked
trades AWAY from the 200 EMA

and what does it mean trades AWAY from the 200 EMA, means opposite of 200 EMA?
Attached Image (click to enlarge)
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Name: setup.png
Size: 13 KB
 
 
  • Post #5,806
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  • Aug 31, 2012 2:48am Aug 31, 2012 2:48am
  •  goochie
  • | Joined Jul 2012 | Status: Member | 260 Posts
Signal : indecision candle - long tails

Entry : Indecision candle

TP : Below 800 EMA

Overall : Got in to early - had a similar entry on GBP but got out BE as i felt entry was to early.

Trade management : Got it to BE as soon as possible as not great.....

Other trades .....

AUDUSD BE
Attached Image (click to enlarge)
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Name: scalpLate.png
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Steadfastness is held above all success
 
 
  • Post #5,807
  • Quote
  • Aug 31, 2012 3:00am Aug 31, 2012 3:00am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting goochie
Disliked
Signal : indecision candle - long tails

Entry : Indecision candle

TP : Below 800 EMA

Overall : Got in to early - had a similar entry on GBP but got out BE as i felt entry was to early.

Trade management : Got it to BE as soon as possible as not great.....

Other trades .....

AUDUSD BE
Ignored
this is how i scalp the market my friend...keep doing....watch it...it will get into your blood.
Let all the living things live blissfully
 
 
  • Post #5,808
  • Quote
  • Aug 31, 2012 3:10am Aug 31, 2012 3:10am
  •  Faramirsen
  • | Joined Jun 2012 | Status: New to ForeX | 66 Posts
hmm lets see... i think i entered too early...
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Name: gu.jpg
Size: 133 KB
 
 
  • Post #5,809
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  • Aug 31, 2012 3:13am Aug 31, 2012 3:13am
  •  smarco
  • | Joined Jun 2012 | Status: Member | 227 Posts
EU (M15) price between EMA200 and EMA800 aslo DAY 10 EMA support and 4H 10 EMA...

Who is the more strong?
 
 
  • Post #5,810
  • Quote
  • Aug 31, 2012 3:20am Aug 31, 2012 3:20am
  •  moneytub
  • | Membership Revoked | Joined Jun 2012 | 41 Posts
Quoting loveevery1
Disliked
days like yesterday you got to move to BE asap i think 7 pips is perfectly alright for the market like yesterday.but on normal days when you aim for 20 pips...i generally move to when it reaches +12 pips...i tell this to the EA and it will do it for me...yesterday was pathetic....
Ignored
Hi LE1 thanks for this great thread, this is a bottomless source of knowledge. you have opened my eyes on a lot of things. You have said you are using EA that moves SL to BE, would you mind to share it? thank you
 
 
  • Post #5,811
  • Quote
  • Aug 31, 2012 3:20am Aug 31, 2012 3:20am
  •  X-Man
  • | Commercial Member | Joined Aug 2011 | 2,409 Posts
Quoting loveevery1
Disliked
for some reason....missed my Tp...closed it manually for +12
Ignored
I also got in that same trade
I entered on the 5min TF as well.
Closed it for 10 pips
I went short on EU +10 and EJ +10 coz of the 10ema bounce .

Im up +30 pips already.
Made my pips for the day

Its friday want to start the weekend early.
Enjoy my friends.
X-man the legendary conqueror of markets
 
 
  • Post #5,812
  • Quote
  • Edited at 3:48am Aug 31, 2012 3:26am | Edited at 3:48am
  •  thelearner
  • | Joined Apr 2009 | Status: Member | 34 Posts
just enter short on GU classic setup on h1....is that tf ok? LOL
comments are welcomed...I am totally new on this strategy.

ENTRY: TDI green cross red below yellow line. Yellow line below 50 and pointing down. Price below MA200 (bounce) and ma10.

Update: +10 right now move the SL to BE.
Attached Image
 
 
  • Post #5,813
  • Quote
  • Aug 31, 2012 3:28am Aug 31, 2012 3:28am
  •  goochie
  • | Joined Jul 2012 | Status: Member | 260 Posts
Quoting X-Man
Disliked
I also got in that same trade
I entered on the 5min TF as well.
Closed it for 10 pips
I went short on EU +10 and EJ +10 coz of the 10ema bounce .

Im up +30 pips already.
Made my pips for the day

Its friday want to start the weekend early.
Enjoy my friends.
Ignored
Haha good on ...........
Steadfastness is held above all success
 
 
  • Post #5,814
  • Quote
  • Aug 31, 2012 3:30am Aug 31, 2012 3:30am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting X-Man
Disliked
I also got in that same trade
I entered on the 5min TF as well.
Closed it for 10 pips
I went short on EU +10 and EJ +10 coz of the 10ema bounce .

Im up +30 pips already.
Made my pips for the day

Its friday want to start the weekend early.
Enjoy my friends.
Ignored
congrats my friend...i should monitor more than 1 pair at a time...i have rarely got into two pairs....i should start practicing my eyes for it....coz 3 amigos move together....

and you rock my friend...
Let all the living things live blissfully
 
 
  • Post #5,815
  • Quote
  • Aug 31, 2012 3:31am Aug 31, 2012 3:31am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting thelearner
Disliked
just enter short on GU classic setup on h1....is that tf ok? LOL
comments are welcomed...I am totally new on this strategy.

ENTRY: TDI green cross red below yellow line. Yellow line below 50 and pointing down. Price below MA200 (bounce) and ma10.
Ignored
Mate...i dont enter on 1hr...but there are folks who will do...i think x-man would be able to answer it
Let all the living things live blissfully
 
 
  • Post #5,816
  • Quote
  • Aug 31, 2012 3:35am Aug 31, 2012 3:35am
  •  X-Man
  • | Commercial Member | Joined Aug 2011 | 2,409 Posts
Quoting goochie
Disliked
Haha good on ...........
Ignored
Thanks Buddy
X-man the legendary conqueror of markets
 
 
  • Post #5,817
  • Quote
  • Aug 31, 2012 3:38am Aug 31, 2012 3:38am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting moneytub
Disliked
Hi LE1 thanks for this great thread, this is a bottomless source of knowledge. you have opened my eyes on a lot of things. You have said you are using EA that moves SL to BE, would you mind to share it? thank you
Ignored
its visual order editor...its posted here my friend..
Let all the living things live blissfully
 
 
  • Post #5,818
  • Quote
  • Aug 31, 2012 3:38am Aug 31, 2012 3:38am
  •  X-Man
  • | Commercial Member | Joined Aug 2011 | 2,409 Posts
Quoting loveevery1
Disliked
congrats my friend...i should monitor more than 1 pair at a time...i have rarely got into two pairs....i should start practicing my eyes for it....coz 3 amigos move together....

and you rock my friend...
Ignored
Yes i think look at more than 1 pair will give you nice setups.
I look only at EU , GU , EJ , AU, USD/CAD nothing else.
I only trade the 10ema rule on the 4H TF and daily TF nothing more than that.
Simple trading.

Thanks to you my brother
X-man the legendary conqueror of markets
 
 
  • Post #5,819
  • Quote
  • Aug 31, 2012 3:41am Aug 31, 2012 3:41am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting moneytub
Disliked
Hi LE1 thanks for this great thread, this is a bottomless source of knowledge. you have opened my eyes on a lot of things. You have said you are using EA that moves SL to BE, would you mind to share it? thank you
Ignored
voe
Attached File
File Type: ex4 lvoe 1.6.1.ex4   18 KB | 671 downloads
Let all the living things live blissfully
 
 
  • Post #5,820
  • Quote
  • Aug 31, 2012 3:42am Aug 31, 2012 3:42am
  •  loveevery1
  • Joined Feb 2012 | Status: Member | 3,108 Posts
Quoting X-Man
Disliked
Yes i think look at more than 1 pair will give you nice setups.
I look only at EU , GU , EJ , AU, USD/CAD nothing else.
I only trade the 10ema rule on the 4H TF and daily TF nothing more than that.
Simple trading.

Thanks to you my brother
Ignored
simple things always work....keep it up
Let all the living things live blissfully
 
 
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