Another simple system - Time-Frame 15

I picked up a cold or flu from my kids. brrr...
I peeked in the NY session for a bit, didn't see much movement.
I entered one trade and went back to bed, pretty much spent the whole day in bed sleeping.

A/U H4, third touch of the trendline with red arrow, candle closed above it, and also RN, 200 ema.
entered on M15. Not the best looking entry , but it was good for +20.

Hello Tango-1

If like me you a newbie you would be best sticking to trades with the 200MA on the 15min, try and avoid CT & ADR trades until you get enough experience. Try and master one set up at a time, otherwise you will be burnt when the market goes choppy.
Capital Protection should be your No.1 goal.
I sure an expert trader will give you there opinion when they come along, this is just my opinion as a newbie.

Hope it helps

ww xxx

I believe, this is very important, and worth to be reminded everyone.
Thank you goochie for bringing Arjun's image up

GU

Now I get it. Forex is just like a golf swing. without a proper setup You will never hit the ball where you want it to go and the harder you try to force it the worse it Will become. Your swing must be effortless, tension free, smooth and approaching from the proper slope. Only when your swing is grooved through practice can you watch your ball/account soar

I never thought when I started to read this thread it would change my life. I am working on becoming a better human and forex will fall into place. Thanks for the life lessons LE1

So long time I never drop in to this forum. Missing all the master. LE1, PAT, Assange, Elin, and all others. I feel better in trading now. But I internet connection is so weak so I can't always follow this forum.

Better late than never - here is my take why the 10EMA would break on my trade yesterday - FYI my TP was the month 10 EMA

+28 pips E/U

Risk to reward 1:3

Entered only half of usual lot as i am not much confident about asian sessions.

Hi friends,

It is raining pips in EU and EJ. ....

I should break the silence........
GU closed at +30

watching eu, gj

Good Morning all

Firstly as a new member I'd like to thank loveevery1 for starting this thread and to all contributors for keeping it on topic. I've been trading for around 4 years and have spent more time on another forum, but got tired of all the bitching and ego's, this is a refreshing change.

Back to topic. Forgive me for not having gone through all the thousands of posts, I read the first hundred pages or so, and was hooked so couldn't resist skipping forward to the current discussion, but there seems to have been two fundamental changes from the rules set out on page 1.

Contributors seem to have dispensed with HA candles and have also swithced to 5M from 15M tf's. Are there specific reasons for this that I need to go back and read, or is it just natural evolution of the strategy as people work with it?

Taken my first trades with it this morning. G/U +21, G/J -15 & G/J +18. Took a loss on G/J when the green dipped under the red at the close of the 8.00am candle. Would more experienced contributors say that was because the yellow TDI line was bending upwards?

Happy to be +24 so far and look forward to learning more about using this strat.

Thnx goochie... good way of analyzing...

Hello everyone,

what do you think?
is it beginning of bullish day? Or bears are still on the wave?
Still having difficulties detecting daily trend

EU M15: about +20pips

Entry: with trend, bounce from EMA50 after pinbar
Target: Yesterday LOW or ADR 20%-today LOW
Exit: (manual) near price consolidation
SL: about 4HR 10EMA
TDI: not watched

bravoooo procedi bene direi


wery well ;-)

Just took a G/J long 'bounce' trade at 126.47 on the 9.00am candle closing above the 10EMA, whith green TDI hooking upwards and yellow on the rise.

But just had my S/L hit on an E/J short. Again I think I was too trigger happy, yellow TDI was on the rise?

Apologies for not posting screenshots. I trade from a tiny laptop at the edge of my desk at work, so can't be seen to be spending more time on that, than the office PC that I am logging on to the forum from.

i KNOW ITS IN HTIS THREAD SOMEWHERE BUT WHICH indicator do you all use to show the ADR high and low on the chart

here you go....

GJ +10

hello folks....how are you all???/

I was busy cooking today....while my wife slept....lol
I took +12 pips on EU......just came back....
looks like lot of people are making some nice pips today....good on....