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Another simple system - Time-Frame 15

  • #5,941
  • Sep 6, 2012 8:20am Sep 6, 2012 8:20am
Arjun have a look at this chart.

Its the EJ 15min TF.

I went short at the close of the candle with the green arrow.
The candle closed below the yesterdays high, it tested the 10ema.
Boucing away from the RN.
My entry short was at the yellow line
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 53 KB
X-man the legendary conqueror of markets
  • #5,942
  • Sep 6, 2012 8:28am Sep 6, 2012 8:28am
Quoting PureHeart
the ema angle may not be obvious during the candle formation but it becomes clearer after following 1, 2 and 3 candles formation. How can we tackle this?
see the picuture posted mate....in there you will see the movement upwards first and then the touch
Let all the living things live blissfully
  • #5,943
  • Sep 6, 2012 8:30am Sep 6, 2012 8:30am
Quoting loveevery1
x-man...for you mate...
Arjun those arrows that have a good angle in your chart do we wait for the candle to close or enter as soon as it touches the 10ema?
X-man the legendary conqueror of markets
  • #5,944
  • Sep 6, 2012 8:33am Sep 6, 2012 8:33am
The power of pivot & 200 ema and round number .cant resist.
Thanks Brother Love
Attached Image (click to enlarge)
Click to Enlarge Name: pivot + 200ema.gif Size: 23 KB
  • #5,945
  • Sep 6, 2012 8:40am Sep 6, 2012 8:40am
Attached is what I have compile so far.Sorry did not edit but picture will last longer in the brain.Hope this can help newbie like me.
Attached File(s)
File Type: doc LOVE PIPS.doc   3.1 MB | 1,671 downloads
  • #5,946
  • Sep 6, 2012 8:42am Sep 6, 2012 8:42am
Quoting X-Man
Arjun have a look at this chart.

Its the EJ 15min TF.

I went short at the close of the candle with the green arrow.
The candle closed below the yesterdays high, it tested the 10ema.
Boucing away from the RN.
My entry short was at the yellow line
it was too close to 200ema, only 16 pips, don't go short when it's that close to it. and the candle you're showing is not a pin bar, it almost looks
like my favorite reverse candle. almost
If you're going through hell, keep going. Winston Churchill
  • #5,947
  • Sep 6, 2012 8:53am Sep 6, 2012 8:53am
Quick scalp EU 5 min chart
Attached Image
  • #5,948
  • Sep 6, 2012 8:53am Sep 6, 2012 8:53am
Good to see you my friend. We missed you, it's so good to trade along with you. God bless you.

I'm pretty much sitting on the sidelines today. Nice PA, lots of news.
There was an adr reach on a/u
chart a/u m5

now I can't really concentrate in the first hour of NY, as the kids are getting ready for school, I'll wait for them to leave
Attached Image (click to enlarge)
Click to Enlarge Name: Greenshot_2012-09-06_09-27-15adr au.png Size: 17 KB
If you're going through hell, keep going. Winston Churchill
  • #5,949
  • Sep 6, 2012 8:56am Sep 6, 2012 8:56am
Quoting Imi
it was too close to 200ema, only 16 pips, don't go short when it's that close to it. and the candle you're showing is not a pin bar, it almost looks
like my favorite reverse candle. almost
Yeah it was very close to the 200ema.
So that candle that touches the 10ema has to be a pin bar.
I thought ANY candle that touches the 10ema on the 15min TF is good to go.
LOL

Ok so a candle that touches the 10ema must be a nice pin bar candle.
ok i got it.
Thanks bro
X-man the legendary conqueror of markets
  • #5,950
  • Sep 6, 2012 8:57am Sep 6, 2012 8:57am
Quoting Imi
it was too close to 200ema, only 16 pips, don't go short when it's that close to it. and the candle you're showing is not a pin bar, it almost looks
like my favorite reverse candle. almost
I agree 200 EMA is very important and i would normally look for at least 30 pips distance if trading into it....
Steadfastness is held above all success
  • #5,951
  • Sep 6, 2012 9:10am Sep 6, 2012 9:10am
Quoting X-Man
Arjun have a look at this chart.

Its the EJ 15min TF.

I went short at the close of the candle with the green arrow.
The candle closed below the yesterdays high, it tested the 10ema.
Boucing away from the RN.
My entry short was at the yellow line
Feel the market my friend..thats the trick...i saw you batting over 100 pips yesterday....this is the trade that dint work out...but feel the chart....feel the mind of the traders......consider this as a fail trade....

bouncing off yesterdays low...touch of 10ema,nice bearish enguling candle....

but one more thing....just see where the 50ema is....this is the 3rd time im mentioning this...and its no harm adding that to the chart....i have another template..with 50ema on it...it helps...i have told the same thing to Olarion onece....
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 32 KB
Let all the living things live blissfully
  • #5,952
  • Sep 6, 2012 9:18am Sep 6, 2012 9:18am
Quoting loveevery1
Feel the market my friend..thats the trick...i saw you batting over 100 pips yesterday....this is the trade that dint work out...but feel the chart....feel the mind of the traders......consider this as a fail trade....

bouncing off yesterdays low...touch of 10ema,nice bearish enguling candle....

but one more thing....just see where the 50ema is....this is the 3rd time im mentioning this...and its no harm adding that to the chart....i have another template..with 50ema on it...it helps...i have told the same thing to Olarion onece....
Thanks my brother.
Yeah yesterday i closed my day with 120pips.
Yesterday i could feel every move of the market. I was at the top of my game yesterday.
X-man the legendary conqueror of markets
  • #5,953
  • Sep 6, 2012 9:26am Sep 6, 2012 9:26am
Quoting X-Man
I thought ANY candle that touches the 10ema on the 15min TF is good to go.
LOL
Thanks bro

mate...if the above is true....then this is a holy grail and we can have EA trade for us...lol...just practice your eyes my fren..you willg get it....you can avoid these setups....

and keep a tight sl
Let all the living things live blissfully
  • #5,954
  • Sep 6, 2012 9:26am Sep 6, 2012 9:26am
Quoting X-Man
Thanks my brother.
Yeah yesterday i closed my day with 120pips.
Yesterday i could feel every move of the market. I was at the top of my game yesterday.
its been a while sincei made that kinda number....good on my frien....keep pipping and keep helping
Let all the living things live blissfully
  • #5,955
  • Sep 6, 2012 9:29am Sep 6, 2012 9:29am
Quoting Imi
Good to see you my friend. We missed you, it's so good to trade along with you. God bless you.

I'm pretty much sitting on the sidelines today. Nice PA, lots of news.
There was an adr reach on a/u
chart a/u m5

now I can't really concentrate in the first hour of NY, as the kids are getting ready for school, I'll wait for them to leave
missed you too my brother....you have become a CT TIGER...lol.....

you are setting an example for others....just keep it going....

consistently taking 10 pips will make you richer in 6 months...im sure you are on your way to riches...
Let all the living things live blissfully
  • #5,956
  • Sep 6, 2012 9:44am Sep 6, 2012 9:44am
Quoting Imi
Good to see you my friend. We missed you, it's so good to trade along with you. God bless you.

I'm pretty much sitting on the sidelines today. Nice PA, lots of news.
There was an adr reach on a/u
chart a/u m5

now I can't really concentrate in the first hour of NY, as the kids are getting ready for school, I'll wait for them to leave
Yes welcome back my friend ..... hope all is well ......
Steadfastness is held above all success
  • #5,957
  • Sep 6, 2012 9:46am Sep 6, 2012 9:46am
Hello LE1, X-Man and all.

Thanks once mire to LE for sharing Crucial Point's thread with us only that the thread ended abruptly with so much unfulfilled promises.

I'd like to ask if anyone tried out his "curve-fitted MA's"? Interesting results.

You can check out his other thread here.

http://www.forexfactory.com/showthread.php?t=357104

Glad to know several traders reporting green pips I stayed out cos of the all the expected news releases and Press conference. Don't wanna be chasing the market when your attention is dived between a day job and FX trading.

Cheers
Let it turn and find your entry.
  • #5,958
  • Sep 6, 2012 9:48am Sep 6, 2012 9:48am
Quoting matlobien
cheers mate ...
Steadfastness is held above all success
  • #5,959
  • Sep 6, 2012 9:49am Sep 6, 2012 9:49am
watching a/u, getting close to RN, D200ema , D10ema
If you're going through hell, keep going. Winston Churchill
  • #5,960
  • Sep 6, 2012 9:50am Sep 6, 2012 9:50am
Quoting loveevery1
missed you too my brother....you have become a CT TIGER...lol.....

you are setting an example for others....just keep it going....

consistently taking 10 pips will make you richer in 6 months...im sure you are on your way to riches...
10 (Ten) pips a day or per trade?

I have a road map of 30 pips a day to $1 million in 28 weeks (from X-Man's thread) I could post it with your permission, but tell me about this 10 pips angle.
Let it turn and find your entry.
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