Another simple system - Time-Frame 15

Hello Gibril,

I think you set TP at the 800EMA (4hr TF) that is strong resistance. Mabye thats the reason why you ignored the RN as TP...?

Thanks to master Arjun and all other exerienced traders for teaching us and sharing their knowlege...



newbie-club

X-man Question how do you know that is going to be this moment for entry :

another question to exp traders what are you doing when price is away from all Ma's back to 10 200 ema and waiting for set up with trend or CT.

hahaha im sure they were scared when they knew im back.
im back attacking their fear and greed.

what pair and TF is this?

EJ 5 min
im up 135 pips for the day.
i lost about -5 pips on AU and -5 pips on GU trying to go CT too early. i will wait for another opportunity

gu 5 min

keep doing that my friend....

You usually dont try CTs my friend...Gu is still yummy.......look for the right place to enter....or dont bother...

you are back and start nailing market again man... ur really cool....... i wasnt trading today, but there were alot of setups i hope everyone gained nice pips.

you right the CT trades are not my speciality.
IMI is the CT specialist
I took it coz i had enough pips to play around with today.

Im sure the traders will start closing their positions coz its friday and the london market staring to close.

I have one template with normal candles and one templet with synergy
so keep both . At times you will need to look at the normal candles

Look at the eu chart . if you had synergy you wouldnt see that retest of the RN. so both candles are important to me.
The normal candles give you more info
the synergy candles just reduces the noise

Welcome back X-Man. Thank you for your contributions to the thread. It would be helpful to this noob if you could zoom out just enough to show price on the right and drag your entry and exit onto the chart. I think this would enhance my understanding. I hope this is not asking too much. I want to trade like you and Pip26!

Xman is showing really good chart setups.
He has his own pip factory.
this is very similar to the ones he's showing, green is 30ema on m5

Xman and others already posted or discussed this trade but wanted to discuss some details I saw to help others see this.

 

1. 15m chart
2. 2nd white arrow=entry at touch of blue 10e
3. two pin bars formed prior to entry
4. one pin bar bounced down off 200ema, 4h 10ema and pivot point
5. second pin bar closed below 800ema
6. all this occurred at RN 1.6200 after 11 candles couldn't move price back up
7. SL behind RN
8. TP at day 10e, which is also S1 and Monthly R2 pivots; alternative TP could be Yesterday's low or next RN 1.6150 since it was so fast moving down.

What else do you see to confirm this trade?

Thanks Loveevery1 for so much.

Steve

Info for newbye as am I

x-man put image of the candle for us to study how to enter
correctly

the most of the image was tf5 but because i'm a newbye i have
in front of the tf15 and switch or open another graph is not
so easy to understand well

another question
Gibril a newbye that jump fast use the tf 4 H and entry tf15
the other big use tf15

for detect the main trend is enough the tf60 and his moving average
for have an idea for the main trend and jump in tf15

for example EURUSD 24 and 25 september how can i identify
the trend or the non trend for trade in another mode?

thanks

guys enjoy the weekend.
Ill be back on monday.
Today was a good day for me.
Many pips to all of you.

X-man ,you really know how to nail those pips.Because of work commitment I am unable to demo trade because of the time you guys trade.Hopefully,someday when I save enough money, after demoing for at least 3 months,I will be able to trade full time.I am itching for pips but I have to exercise some patience here.

Wow... away from the thread for 2 days and.. more than 10 pages!
Great job friends!
I'm going back to read all...

Since Im now already going back to skool, i don't have much time to trade on intraday basis, using 15M TF Chart.

Today is holiday in my country, therefore I manage to trade intraday using 15M TF, as a Newbie set up.

Since early Sept., I decided to tweek Arjun's method a litlle tiny bit to suit trading using the Daily TF Chart. As i was admitted to skool and don't have much time to trade.

The result for Newbie set up is only to take 8 trades....... now all closed since end of September. ( 4 short/ 4 long)

In the beginning it was a bit tricky because the candle moves really slow.... dead slow. I think trading with daily chart is good for Newbie like me, because it gives me a lot of free time to think what price is doing on daily basis then have time to go skool and do other things.

I Only look at this chart just before LO everyday....... either to move SL/TP or to add position or to bail out. Othen than that, I don;t do anything....... takes around 30 mins per day to watch price move at LO.

News doesn't effect my trading as movement of price on daily chart doesn't effect the overall trend.

I will stick to this daily TF trade for a while........

If I'm not in skool or have ample time to trade intraday, i will intraday using 15M TF Chart.

It may takes 3 months for me to fully understand and makes some adjustment to Arjun's method trading HTF. As Newbie I really need that long to understand something new. Till then.......... I will keep on trying to find the best way to trade on daily TF Chart.

If anyone here would like to gimme advice or idea.......... all are welcome to help me........ so I can trade better using Daily TF Chart. I appeciate all the help I can get from Expert, Pro, Experience as well as Newbie abt this Daily TF trading.

Once I have all the right ( or almost right formula). I will share with Newbie ( like me) to trade on HTF Chart.

Best of luck in your trading for Next month.


Gibril tHe nEwbIe