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Another simple system - Time-Frame 15

  • #7,241
  • Sep 24, 2012 3:49am Sep 24, 2012 3:49am
  •  Jep
  • | Joined Aug 2012 | Status: Creating Multi-Generational Wealth | 99 Posts
Quoting loveevery1
Ok...i missed the LO....Took my wife for a movie....how are you all???
3 trades taken (all winner) as per rules for + 39 pips total. Took profit early on 2 of them due to RN & Pivots could have held on for a lot more!
  • #7,242
  • Sep 24, 2012 3:49am Sep 24, 2012 3:49am
Quoting goochie
Basic set up : Always trade with the trend

Signal : Pull back to 800 EMA - 4hr 10 EMA - First hour of london open, selling cheap ??

Entry : Bear candle closes below 800 EMA

SL : Above bear candle which closes below 800 EMA = 10 pips

TP : PPA = 42 pips
Hi goochie,

Trend was perfect but wht abt HTF 10ema hurdles in down move??? wont u care abt them? i avoided it bcoz of those ema's
  • #7,243
  • Sep 24, 2012 3:49am Sep 24, 2012 3:49am
Quoting goochie
Basic set up : Always trade with the trend

Signal : Pull back to 800 EMA - 4hr 10 EMA - First hour of london open, selling cheap ??

Entry : Bear candle closes below 800 EMA

SL : Above bear candle which closes below 800 EMA = 10 pips

TP : PPA = 42 pips
WElldone my friend....i cant express how good i feel....seeing what i see...copying what i do....STay blessed
Attached Image (click to enlarge)
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Let all the living things live blissfully
  • #7,244
  • Sep 24, 2012 3:50am Sep 24, 2012 3:50am
Quoting Jep
3 trades taken (all winner) as per rules for + 39 pips total. Took profit early on 2 of them due to RN & Pivots could have held on for a lot more!
Good....plz contribute whatever you cna...
Let all the living things live blissfully
  • #7,245
  • Sep 24, 2012 3:52am Sep 24, 2012 3:52am
Took this basic setup on GU got in on the close below the 10MA, took 20 pips out of it.

Take Care

ww xxx
Attached Image (click to enlarge)
Click to Enlarge Name: gu trend trade - trade1.gif Size: 33 KB
'May God guide you on your life's journey...'
  • #7,246
  • Sep 24, 2012 3:53am Sep 24, 2012 3:53am
Watch it...
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Let all the living things live blissfully
  • #7,247
  • Sep 24, 2012 3:53am Sep 24, 2012 3:53am
  •  Jep
  • | Joined Aug 2012 | Status: Creating Multi-Generational Wealth | 99 Posts
Quoting goochie
Basic set up : Always trade with the trend

Signal : Pull back to 800 EMA - 4hr 10 EMA - First hour of london open, selling cheap ??

Entry : Bear candle closes below 800 EMA

SL : Above bear candle which closes below 800 EMA = 10 pips

TP : PPA = 42 pips
Great analysis Goochie.
  • #7,248
  • Sep 24, 2012 3:55am Sep 24, 2012 3:55am
Quoting wonderwoman
Took this basic setup on GU got in on the close below the 10MA, took 20 pips out of it.

Take Care

ww xxx
You know what you did....right or wrong....you know the answer....God bless you....awesome keep doing the same thing....WW
Let all the living things live blissfully
  • #7,249
  • Sep 24, 2012 3:57am Sep 24, 2012 3:57am
AUD/USD struggling to break through. If it does I think it will fall quite sharply...I want my 10 pips
  • #7,250
  • Sep 24, 2012 3:58am Sep 24, 2012 3:58am
EU at RN M15 forming pinbar............
  • #7,251
  • Sep 24, 2012 4:06am Sep 24, 2012 4:06am
There is my entry gbpusd please some help what I did wron from my side I went short cos overall trend and there is close ADR low
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  • #7,252
  • Edited 4:33am Sep 24, 2012 4:15am | Edited 4:33am
Quoting Pip26
Hi goochie,

Trend was perfect but wht abt HTF 10ema hurdles in down move??? wont u care abt them? i avoided it bcoz of those ema's
The only hurdle was the Day 10EMA -- i got out before the month.

Here is my analysis / factors for why the day would break ...

NOTE : I HAVE IMAGES TO DO WITH THIS POST BUT FF IS STRUGGLING ILL POST IN A MINUTE
Steadfastness is held above all success
  • #7,253
  • Sep 24, 2012 4:16am Sep 24, 2012 4:16am
If EJ can give 3 more % Im done for the day even if I get stop out i am way way above my target.The RN is super fantastic.Thanks again Arjun.
  • #7,254
  • Sep 24, 2012 4:18am Sep 24, 2012 4:18am
Hi LE1 and everyone

I am on this system and spend days reading the charts and pages (now on Page 90). Thanks for LE1 and the experience traders keep posting the charts. I keep going thru so that I can understand the concept more.
My target now is every day contant of 20 pips or more.
Today I try it and on 2 trades : Buy USD/CHF, USD/CAD: Total : 20 pips (TP hit!)

Thanks U for sharing!
  • #7,255
  • Sep 24, 2012 4:20am Sep 24, 2012 4:20am
Quoting nor888
There is my entry gbpusd please some help what I did wron from my side I went short cos overall trend and there is close ADR low
The blue bars after your trade represent London open - do not trade till 1 hr after London Open as it is very volitile ...

Also if your using TDI the cross needs to happen below the yellow line for a short ....

Read the TDI set ups again and look at the last months london open and see how the price behaves ..

Also REMOVE the ADR indicator from your chart as it is for counter trend trades ...... get your head around trend trades first

Peace
Steadfastness is held above all success
  • #7,256
  • Sep 24, 2012 4:24am Sep 24, 2012 4:24am
Again the AUS/USD could not break through the 1.03984 barrier. Now it is climbing up. I may well be having a loss on my system attempt
  • #7,257
  • Sep 24, 2012 4:25am Sep 24, 2012 4:25am
Quoting Pip26
Hello Everyone,

I took short in GU bit late.. but seems ok.....
+17
  • #7,258
  • Sep 24, 2012 4:26am Sep 24, 2012 4:26am
Quoting goochie
The only hurdle was the Day 10EMA -- i got out before the month.

Here is my analysis / factors for why the day would break ...

NOTE : I HAVE IMAGES TO DO WITH THIS POST BUT FF IS STRUGGLING ILL POST IN A MINUTE
No worries take your time...
  • #7,259
  • Sep 24, 2012 4:27am Sep 24, 2012 4:27am
yes I know that I should enter buy/sell above/below TDI/RSI line 50 but this was let say aggressive entry I read on other forum that when TDI/RSI cross line 50 we can get easy 10 pips on 1h chart so Goochie you suggest not trading before and just after LO.
  • #7,260
  • Sep 24, 2012 4:39am Sep 24, 2012 4:39am
Quoting nor888
yes I know that I should enter buy/sell above/below TDI/RSI line 50 but this was let say aggressive entry I read on other forum that when TDI/RSI cross line 50 we can get easy 10 pips on 1h chart so Goochie you suggest not trading before and just after LO.
I would say stick to one system and if its this one - just follow the rules ie what the TDI setups are as defined on page 1.

Definitely remove the adr indi

...... and a really good exercise is to look at the price action of the first hr of London open as there are many fakeys, a good task is to say go through 1 whole month of charts - look at TDI before LO then look at what price does after LO.
Steadfastness is held above all success
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