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Another simple system - Time-Frame 15

  • #5,801
  • Aug 30, 2012 10:43pm Aug 30, 2012 10:43pm
Quoting goochie
Signal : PPA, 800 EMA

Entry : 800 EMA

SL : 6 pips

Trade management : BE after 1st candle
we both have exactly the same entry my friend...god bless both of us
Let all the living things live blissfully
  • #5,802
  • Aug 30, 2012 10:48pm Aug 30, 2012 10:48pm
Quoting loveevery1
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.
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
  • #5,803
  • Aug 30, 2012 10:49pm Aug 30, 2012 10:49pm
Quoting loveevery1
we both have exactly the same entry my friend...god bless both of us
Your great mind my friend .....
Steadfastness is held above all success
  • #5,804
  • Aug 30, 2012 11:11pm Aug 30, 2012 11:11pm
Quoting goochie
Your great mind my friend .....
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
  • #5,805
  • Edited 11:34pm Aug 30, 2012 11:13pm | Edited 11:34pm
Quoting Pacific
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!

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
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)
Click to Enlarge Name: setup.png Size: 13 KB
  • #5,806
  • Aug 30, 2012 11:48pm Aug 30, 2012 11:48pm
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)
Click to Enlarge Name: scalpLate.png Size: 38 KB
Steadfastness is held above all success
  • #5,807
  • Aug 31, 2012 12:00am Aug 31, 2012 12:00am
Quoting goochie
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
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
  • #5,808
  • Aug 31, 2012 12:10am Aug 31, 2012 12:10am
hmm lets see... i think i entered too early...
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 133 KB
  • #5,809
  • Aug 31, 2012 12:13am Aug 31, 2012 12:13am
EU (M15) price between EMA200 and EMA800 aslo DAY 10 EMA support and 4H 10 EMA...

Who is the more strong?
  • #5,810
  • Aug 31, 2012 12:20am Aug 31, 2012 12:20am
Quoting loveevery1
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....
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
  • #5,811
  • Aug 31, 2012 12:20am Aug 31, 2012 12:20am
Quoting loveevery1
for some reason....missed my Tp...closed it manually for +12
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
  • #5,812
  • Edited 12:48am Aug 31, 2012 12:26am | Edited 12:48am
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
  • #5,813
  • Aug 31, 2012 12:28am Aug 31, 2012 12:28am
Quoting X-Man
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.
Haha good on ...........
Steadfastness is held above all success
  • #5,814
  • Aug 31, 2012 12:30am Aug 31, 2012 12:30am
Quoting X-Man
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.
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
  • #5,815
  • Aug 31, 2012 12:31am Aug 31, 2012 12:31am
Quoting thelearner
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.
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
  • #5,816
  • Aug 31, 2012 12:35am Aug 31, 2012 12:35am
Quoting goochie
Haha good on ...........
Thanks Buddy
X-man the legendary conqueror of markets
  • #5,817
  • Aug 31, 2012 12:38am Aug 31, 2012 12:38am
Quoting moneytub
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
its visual order editor...its posted here my friend..
Let all the living things live blissfully
  • #5,818
  • Aug 31, 2012 12:38am Aug 31, 2012 12:38am
Quoting loveevery1
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...
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
  • #5,819
  • Aug 31, 2012 12:41am Aug 31, 2012 12:41am
Quoting moneytub
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
voe
Attached File(s)
File Type: ex4 lvoe 1.6.1.ex4   18 KB | 893 downloads
Let all the living things live blissfully
  • #5,820
  • Aug 31, 2012 12:42am Aug 31, 2012 12:42am
Quoting X-Man
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
simple things always work....keep it up
Let all the living things live blissfully
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