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Another simple system - Time-Frame 15

  • #5,861
  • Sep 3, 2012 10:46pm Sep 3, 2012 10:46pm
Sometimes it's difficult to choose which's the best pairs to trade,..

i.e, pairs that will move with bigger pips.

This is how i decide the EUR/USD and EUR/JPY

I drop the GBP/USD and AUD/USD pairs as the differential strength factor is small.


Love

Assange
Attached Image (click to enlarge)
Click to Enlarge Name: choice of pair.jpg Size: 171 KB
We are in control of our destiny but have no control over our fate.
  • #5,862
  • Sep 4, 2012 1:18am Sep 4, 2012 1:18am
Quoting Assange
Ntree rules as per Post# 1.

> 200, >10, >4hr 10EMA, Pin Bar.

TP R1, RN.

SL , RN ( for EJAY) Half Number ( for EUR)

Two easy Asean Trade : +31, +30.

Now waiting for LO.



Love


Assange
  • #5,863
  • Sep 4, 2012 3:18am Sep 4, 2012 3:18am
Quoting Assange
Sometimes it's difficult to choose which's the best pairs to trade,..

i.e, pairs that will move with bigger pips.

This is how i decide the EUR/USD and EUR/JPY

I drop the GBP/USD and AUD/USD pairs as the differential strength factor is small.


Love

Assange
Hi Assange,

Where do you get the mini app you have showing the differential strength.

B
Steadfastness is held above all success
  • #5,864
  • Sep 4, 2012 3:43am Sep 4, 2012 3:43am
At last we got a 10 pip drop on euro.

  • #5,865
  • Sep 4, 2012 4:38am Sep 4, 2012 4:38am
Quoting matlobien
At last we got a 10 pip drop on euro.

yeah, I +scratched that one...got the direction right but entered too early..the support broke but not the RN
  • #5,866
  • Sep 4, 2012 4:44am Sep 4, 2012 4:44am
Quoting Imi
yep, just enjoy your day. forex is here tomorrow too.
Another "holiday" day?
  • #5,867
  • Sep 4, 2012 4:48am Sep 4, 2012 4:48am
took 5 pip on EU.

I hope my explanation and the reason why i took this trade is correct, otherwise please comment.

I joined to Arjun's thread for 2 months ago. I was paper trading before for a year. So im still a newbie, who wants to learn more & more.
Attached Image (click to enlarge)
Click to Enlarge Name: 04.09.12.jpg Size: 176 KB
  • #5,868
  • Sep 4, 2012 5:21am Sep 4, 2012 5:21am
Quoting Assange
Ntree rules as per Post# 1.

> 200, >10, >4hr 10EMA, Pin Bar.

TP R1, RN.

SL , RN ( for EJAY) Half Number ( for EUR)

Two easy Asean Trade : +31, +30.

Now waiting for LO.



Love


Assange
Do you set all those resistance/support levels manualy or is it indicators work? If it is would you mind posting your template with indicators? Moreover I'd be glad if you could get me a link to that "holygrail" indicator thread (or whereever you found it).

Have a good day.
  • #5,869
  • Sep 4, 2012 6:22am Sep 4, 2012 6:22am
I took another 9 pip on EU after PA closed below the RN & Fibonacci 23.6...
I know i trade to 200EMA direction and it was pretty close to it, but after when PA crossed the RN and closed below it and the second candle closed below RN as well + below the 23.6 fibonacci i was 95% percent sure it will go down 9pip.

Thank you guys all of your posts.

See you morrow LO.
Attached Image (click to enlarge)
Click to Enlarge Name: 04.09.12_2.jpg Size: 276 KB
  • #5,870
  • Sep 4, 2012 6:25am Sep 4, 2012 6:25am
2 trades.

1 classic (yesterday trade actually) on EJ
TP hits over night.. lucky i guess? LOL
result +25

trying CT trade...yeah I know it is risky, but the resistance above at 1.2625 seems to be strong (even make shooting)...TDI div and crossing confirm. target only ma200 (m15) or ma50 (h1).
result +15

will try again tomorrow.
Attached Images
  • #5,871
  • Sep 4, 2012 6:27am Sep 4, 2012 6:27am
Quoting Imi
hey, good pipping keep it up
Hey, thank you... im trying to catch you up...

  • #5,872
  • Sep 4, 2012 9:14am Sep 4, 2012 9:14am
First chart is M15, bounce off 50%fib, and yesterday's low.
My initial tp was at the 10ema and missed it by 0.3.
I closed it at the second run for +10, before the news.
Second chart shows same trade on M5.

Nothing special, kids back to school today, see you later
Attached Images
If you're going through hell, keep going. Winston Churchill
  • #5,873
  • Sep 4, 2012 9:19am Sep 4, 2012 9:19am
I would've taken this in the London session.
Hanging on yesterday's high, tp at 200ema. Easy setup for the
London traders
Attached Image
If you're going through hell, keep going. Winston Churchill
  • #5,874
  • Sep 4, 2012 9:37am Sep 4, 2012 9:37am
Interesting Scalping NYO


Love

Assange
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 15m.gif Size: 26 KB
Click to Enlarge Name: ejay 15 mins.gif Size: 23 KB
We are in control of our destiny but have no control over our fate.
  • #5,875
  • Sep 4, 2012 9:46am Sep 4, 2012 9:46am
Trade journal,

15min : Pin Bar, 200EMA, 10EMA close
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSd.png Size: 87 KB
Steadfastness is held above all success
  • #5,876
  • Sep 4, 2012 10:27am Sep 4, 2012 10:27am
NY session battlefield. Big fight. IMO, it's better to stay away
if you don't want to walk away with a black eye. lol
Attached Image
If you're going through hell, keep going. Winston Churchill
  • #5,877
  • Sep 4, 2012 12:30pm Sep 4, 2012 12:30pm
Quoting goochie
Hi Assange,

Where do you get the mini app you have showing the differential strength.

B
Hey buddy

Look at this site for the strength meter http://www.currencystrengthmeter.com/
X-man the legendary conqueror of markets
  • #5,878
  • Sep 4, 2012 12:43pm Sep 4, 2012 12:43pm
entry on eu 5min TF

bounce off yesterdays low
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 44 KB
X-man the legendary conqueror of markets
  • #5,879
  • Sep 4, 2012 1:01pm Sep 4, 2012 1:01pm
Quoting X-Man
entry on eu 5min TF

bounce off yesterdays low
where did you exit and can you explain use the reason for trade ?
  • #5,880
  • Sep 4, 2012 1:13pm Sep 4, 2012 1:13pm
Quoting ronaleo10
where did you exit and can you explain use the reason for trade ?
The reason for entering was price touched yesterdays low.
When price touches yesterdays low or high then i expect a bounce.
The daily high and low serves as an important S&R area.

I just took 15pips from that.
Couldve taken 20pips.

For these kind of trades 10 to 15pips are really good targets.
X-man the legendary conqueror of markets
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