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Another simple system - Time-Frame 15

  • #6,821
  • Sep 18, 2012 4:29pm Sep 18, 2012 4:29pm
Quoting Gibril
Greeting my brother Stevepatt.

Long time bro....... travelling or still in Costa Rica ?.

I've to back step this thread a bit, as days progress many got carried away with the CT and scalping moves, which sometimes I think a bit too much of over trading.

I read all your post ( in other threads Nice Guy, etc....) and have compilation of your set up which are usefull to apply. "Candleman"

What I've done today is just to slow down this run-away train from going off tracks.

Members are always looking ways to enter into trade which is sometimes...

To other members here, please don't confuse........
here it's ok to disagree with me. ( not with Master Arjun)......

..........but do not disagree with reality and the charts please!!

i want to help. give me chance here. OKEY?


Gibril
  • #6,822
  • Sep 18, 2012 4:46pm Sep 18, 2012 4:46pm
Quoting Gibril
Hi kutyuli


If you see the from chart , trend lines are traps even momentum goes in for sell.
See at the third point of the trend line price always comes back at near or above where your entry is at that point. ?

Sometime for BE or worse just stopped out with loss.

This is the third point on trend lines. ( Inner lines slopes)

This happens on all TF, even the monthly frames

The market if it wants to trend, it has to move fast and unexpectedly at times ( inner slopes ), then slowing down to trap traders and confuse them somerimes, then the...
Hi Gibril,

Thanks for your reply, I really approciate your help and efforts helping me to be successful like you

I will remember your words and I name this trade "Trend Line Trap" Its a trap

God bless you.
  • #6,823
  • Edited 5:07pm Sep 18, 2012 4:52pm | Edited 5:07pm
Hello Friends

For me one of the most important gems in this thread if not the most important is here:

http://www.forexfactory.com/showthre...21#post5905121

I personally believe that this post should be on page 1

I intend keeping it very close to hand as I personally have a very long way to go.

Inspirational work Master Argun

Take Care

ww xxx
'May God guide you on your life's journey...'
  • #6,824
  • Sep 18, 2012 6:51pm Sep 18, 2012 6:51pm
Have you heard the term call SHOW candle or Advert candle ?

Two Charts

4hrd TF last week when EJ made 350 pips up.
Monday we saw TL break on 4Hr TF. with PIN Bar.


Then we open 15M TF to look for short entry. ( because 4hr already show the sign)

By putting 4hr time frame trend lines on top of 15M.
drawing trend lines, entering the trend on break of 123 formation line.

This SHOW candle (4hr) closes and looking at price action psychology
trapping traders for confirmation.

Sequesnce of ranging , LH LL start to apprear just before LO.

The 200EMA is 122 pips away. Good for CT ???????

LO open you saw price dip below 10ema and already below BRN.

Shorted. took 45 minutes to get 18 pips,.

Then price shoot up 128 pips for the next 1.5 hours.

Market almost always, likes to attack the perfect entry to some degree.
causing traders emotionally charged second thoughts.

Your 15M TF CT is perfect and valid for short....... BUT.


Not to Scare you, something to share with fellow traders.

Do you see NEW candle today.......... any similarity ?


Gibril the Newbie
Attached Image(s) (click to enlarge)
Click to Enlarge Name: advert candle.gif Size: 200 KB
Click to Enlarge Name: advert candle 1.gif Size: 343 KB
  • #6,825
  • Sep 18, 2012 7:19pm Sep 18, 2012 7:19pm
From the above view point, I; ve read somewhere and in this my note book here to this statement.

And i think all of you had heard something simikar .

THIS IS TRUE!! THE MARKET WANTS YOU TO SEE AND KNOW THE TRUTH, BUT ATTACK YOU WHEN YOU SEE IT CLEARLY.

ATTACKING ONLY TEMPERATELY THEN THE MARKETS MOVES.

THIS IS ANALYSIS!! THIS WHAT YOU NEED TO KNOW!! YOU NEED TO KNOW:
YOU ARE USUALLY CORRECT ABOUT THE MOVE, BUT WHEN IT IS CLEARLY KNOWN, THE MARKET WILL ATTACK YOU.


Think about it and thank you for reading.


Gibril
  • #6,826
  • Sep 18, 2012 7:36pm Sep 18, 2012 7:36pm
THIS IS TRUE!! THE MARKET WANTS YOU TO SEE AND KNOW THE TRUTH, BUT ATTACK YOU WHEN YOU SEE IT CLEARLY.

ATTACKING ONLY TEMPERATELY THEN THE MARKETS MOVES.

THIS IS ANALYSIS!! THIS WHAT YOU NEED TO KNOW!! YOU NEED TO KNOW:
YOU ARE USUALLY CORRECT ABOUT THE MOVE, BUT WHEN IT IS CLEARLY KNOWN, THE MARKET WILL ATTACK YOU.

Brother Gibril,

You r absolutely right i never read this but i m experiencing this every day when most of the time i lose trade, at least 80% of time i m right but still l lose the trade and then market will move in my direction...

So the question is how to avoid those trade?

Its always pleasure to read your post.

Thanks,
Brij.
  • #6,827
  • Sep 18, 2012 9:18pm Sep 18, 2012 9:18pm
Quoting wonderwoman
Hello Vicky,

I am just a fellow newbie and certainly no expert, but from my understanding from reading the thread a reasonable rule would be to trade to a R:R of 1:1 a suggestion would be 20 pip TP 20 pip SL. Alternatively you could use a previous swing high/ low as I have posted on my screenshots and aim for the new pivot/ round number but always trying to obtain at least 1:1.

If there is anything to add I am sure one of the experts will be along soon.

My best advise to you would be to try an protect your assets above all by moving your stop...
thank you wonderwoman for kind help

  • #6,828
  • Edited 11:53pm Sep 18, 2012 11:30pm | Edited 11:53pm
EJ.

Rule of Long Entry as Post No. 1.

> 200 EMA, > Daily Pivot. Not to mentioned 4 hr candle is developing long wicks..........lol.

I enter late by 21 pips, just to be sure PA cross 200ema and pivot.

I know it's Bounce trade from RN as Master Arjun show us. (102.500)

But as Newbie, I stick to simple rule first till I develop me confidence.

STOP TP at R2.

Gibril
Attached Image (click to enlarge)
Click to Enlarge Name: ej 15m.gif Size: 325 KB
  • #6,829
  • Sep 18, 2012 11:47pm Sep 18, 2012 11:47pm
Auzzie.


Miss the Short. Basic Rule.

Didn't take the Long, as it doesnt follow the rules.



Gibril
Attached Image (click to enlarge)
Click to Enlarge Name: au 15min.gif Size: 307 KB
  • #6,830
  • Sep 19, 2012 12:23am Sep 19, 2012 12:23am
EU Watch List


Thinking...............


Gibril The Newbie
Attached Image (click to enlarge)
Click to Enlarge Name: eur 15.gif Size: 47 KB
  • #6,831
  • Edited 12:37am Sep 19, 2012 12:36am | Edited 12:37am
Aussie.

Is this another SHOW Candle ?????

Lets see 1.045000 (BRN) react on bounces


In my watch List


Gibril THe Newbie
Attached Image (click to enlarge)
Click to Enlarge Name: au 15min.jpg Size: 171 KB
  • #6,832
  • Sep 19, 2012 1:22am Sep 19, 2012 1:22am
This is what I'm waiting for on EU. Depends on the PA when it reaches the short term resistance and the 10 EMA
Attached Image (click to enlarge)
Click to Enlarge Name: 19th Sept EU 15m Chart.jpg Size: 78 KB
  • #6,833
  • Edited 2:36am Sep 19, 2012 2:09am | Edited 2:36am
Quoting Gibril
EU Watch List


Thinking...............


Gibril The Newbie
gibril, sir.. :

what timeframe is that ?

how can you tell there was going to be a retrace ?

thank you

-vicky-
  • #6,834
  • Sep 19, 2012 2:23am Sep 19, 2012 2:23am
Quoting vickytej2301
gibril, sir.. what timeframe is that ?

thank you

-vicky-
It's a 15m chart
  • #6,835
  • Sep 19, 2012 2:35am Sep 19, 2012 2:35am
Both Eu & EJ has printed a nice pin bar on M15
  • #6,836
  • Sep 19, 2012 2:35am Sep 19, 2012 2:35am
Quoting Gibril
None of the indicator i put in my charts works. All for show only....

I just want to see how many ppl really pay attention to Pure Price Action at SR.

I got 29 PM asking me to share indi..... even from member who are not from this Thread !. lol Nothing to brag, but reality.

I can write EA that xactly follow price. You ll be amzed looking at that indicator that FOLLOW price. " FOLLOW PRICE". only* (repeated)

All my trade set up posting never talk about indi............ only EMAs Pivot, RN, ADR, now I got Zig zag, (for just to quickly...
My dear Gibril,

I really am impressed by your progress, really am in fact you have more than enough vouches to vouch for someone else, and now you can even count 29 PMs requesting for indicators.

That my friend should tell you something, it should tell you that you are distracting some poor folks who come seeking simple solutions to their trading problems but only to find you flashing so many fancy indicators at them.

My last post was to ask you to share an indicator which till now I've never seen the screenshot (these days when I read your posts I gloss over the attached screenshots -too many cooks spoil the broth) had I sent you a PM that would have added to your PM request count.

When I started this journey I was hooked on indies, my buddies called me the "indicators indicator" I even PMed Assange for an indicator yeah you guessed right -she snubbed me.

I must say following Arjun has weaned me off INDICATORS.

Trading price action is basically following price through Demand and Supply, S&R and Trend.

I could post a screen shot of what my charts look like presently, a departure from what this thread started from (which is one reason I post less) you'll find MAs and RSI with RNs and Psychological levels.

My goal is to trade near naked as possible.

My point is you unleashed this beast so you either FEED IT OR KILL IT! why post screenshots of indicators that don't work?
Do you know that a new indicator to a newbie is like a new toy, why dangle the toy then withhold it?

I am sorry if I'm sounding contentious or negative but let's keep this beautiful thread S I M P L E.

Intrepid
Let it turn and find your entry.
  • #6,837
  • Sep 19, 2012 2:46am Sep 19, 2012 2:46am
Quoting Gibril
None of the indicator i put in my charts works. All for show only....

I just want to see how many ppl really pay attention to Pure Price Action at SR.

I got 29 PM asking me to share indi..... even from member who are not from this Thread !. lol Nothing to brag, but reality.

I can write EA that xactly follow price. You ll be amzed looking at that indicator that FOLLOW price. " FOLLOW PRICE". only* (repeated)

All my trade set up posting never talk about indi............ only EMAs Pivot, RN, ADR, now I got Zig zag, (for just to quickly...
Brother GIBRIL.....This is your thread brother...do whatever you can to help others....whenver i ask a question no one answers there will be over 70 traders watchin it but none would answer....i have been there too...we are just doing our part...thats all..

And about the indicator....im waiting too...you see i have MIND aswell...even it wants new things easy things...shortcuts ...lol

God bless you with all the pips in this world...coz just yesterday alone...i cant count the number of posts that you made for FREE...Thats why i kept sending you PMs when you were not here....I respect your views and thoughts and your helping nature....

After you came i dont post much...lol im free now...

Why will seek permission from your own brother...do whatever you want to help others....which no one does in any thread in FF...
Let all the living things live blissfully
  • #6,838
  • Sep 19, 2012 2:50am Sep 19, 2012 2:50am
Quoting Gibril
EJ, Only ONE bounce trade here.


I don't need to be greed, only follow the Basic Rule as Post # 1.

AS Newbie, I only can make very small pips compare to Pro Traders in here who made 150 to 200 pips daily.

But I;m happy.... lol and I;m happy for them too coz they make a lot of pips using this method.

Only things to remembr is don;t let their trading styles creep into our brain. Keep it simple make good pips everyday.


Gibril The Newbie
Newbies::: As my brother says ....Dont follow the zig zag trades like i do or xman or any other experienced traders do.they will take you to hell directly....i even get PMs for the same...when i post that IM long...there are traders entering immediately they fail and i got my pips....i post them...they come and ask me what went wrong...to post something it takes 3-4 mintues...

So please dont follow these UP DOWN SIDE entries we do....stick to the basic setup and you will WIN....ofcourse you will do all these UP DOWN entried one day....only time can tell...Till then just follow the basic setup
Let all the living things live blissfully
  • #6,839
  • Sep 19, 2012 2:52am Sep 19, 2012 2:52am
Quoting stevepatt
It's a 15m chart
thank you for answering
  • #6,840
  • Sep 19, 2012 2:53am Sep 19, 2012 2:53am
Watch out for this 62500 levelon GU....
Let all the living things live blissfully
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