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Another simple system - Time-Frame 15

  • #9,001
  • Oct 9, 2012 6:45am Oct 9, 2012 6:45am
Brother Arjun,

Is this a bounce off from RN?
For sure it is going to be an UPWARD move!!
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  • #9,002
  • Oct 9, 2012 6:51am Oct 9, 2012 6:51am
Quoting Xhale12
Where is the error in my trading on these 3? I was doing well and then blew it with 4 losses in a row.

All the pairs i am watching have bounced off the RN: EU 1.29, AU 1.02, GU 1.6, EJ 101.0. Let them take a breathe!
  • #9,003
  • Oct 9, 2012 7:26am Oct 9, 2012 7:26am
Quoting loveevery1
I never thoughts in my wildest dreams that helping others will create such a hatred towards me....may be HE is trying to teach me something new today....

I dont use the word TEACH...coz thats not what im doing here...i always use the word TELL....

People like that don't hate you they hate what you are doing... teaching others to be successful. I have read and read and practised and am starting to get how you all trade. I was able to get 58 pips at London opening on EurUsd and EurJpy on 15 min chart just following the rules. I love this thread and cannot wait to read all the comments. Negative comments like that I pass over as trivia. Love what you are doing and even I can see the number of people that are starting to understand technique. Be patient, read and practice!!! Thankyou so much from Australia.
  • #9,004
  • Edited 7:42am Oct 9, 2012 7:26am | Edited 7:42am
Quoting Basilio
yes of course

this is common sense people

guys here dont believe it because they dont want it 2 be true. soon they will see it will happen just like u said silicon

once the MM's catch on

GAME OVER
Its not common sense
That was an EA. All EAs becomes obsolete when the market changes.
All mechanical systems become obsolete when market changes.

This method is based on pure price action and is not mechanical
Every trader knows about S&R howcome that still works?
Every trader trader knows about trendlines howcome that still work?
Fibbs howcome fibbs work? Leonardo Fibonacci came up with the fibbs.
He couldve kept that to himself and not shared it . but now every trader know about it.
Japanese candles all work until today the pin bars , engulfing candle swork the same.
Price patterns still happen until today.

All these things still work up until today because it all deals with pure price action.
Arjuns method is method is pure price action.
X-man the legendary conqueror of markets
  • #9,005
  • Oct 9, 2012 7:26am Oct 9, 2012 7:26am
Quoting X-Man
I wait for pin bars or engulfing candles to show me the reversal. so the answer is no i dont enter right at the 10ema
Hi X-Man.

I love your posts. Every word you type is meaningful and precise. You are a great inspiration to me and to this thread.
You display charts and also pointing out alert and trigger candles. Very, very educational visuals.

May i ask. I understand that you wait for pin bars as your trigger, be it shooting star, hammer, inverted hammer, hanging man, doji etc.
Could you please explain if it is very important that these pin bars are the correct color or not, according to an Up or Down trend.
Also, how important is it that we use the correct candle pin bar when price is trending up or down.
For example: we could get a shooting star, or imis' favourite a hanging man,lol!!!
(both bearish candle signals) right at the bottom of the trend reversal for a long. I notice this been traded regularly amongst the pro members.

x-man, could you please shed some light on this. Maybe i am just complicating it and mixing myself.
Or more important, study more on Japanese Candles and their applications.

thank you and always appreciate your input.

Steve
  • #9,006
  • Oct 9, 2012 7:31am Oct 9, 2012 7:31am
Quoting X-Man
Is this the Golden Goose with the Golden eggs?
5% to 10% a trade wow thats huge.
Thats means these setups are really solid.

I really thought it couldnt get easier than this method on the thread.
I also thought this was the ultimate.
brother arjun you making my mind run wild.
thats standard.
  • #9,007
  • Oct 9, 2012 7:37am Oct 9, 2012 7:37am
Quoting itrade44
Hi X-Man.

I love your posts. Every word you type is meaningful and precise. You are a great inspiration to me and to this thread.
You display charts and also pointing out alert and trigger candles. Very, very educational visuals.

May i ask. I understand that you wait for pin bars as your trigger, be it shooting star, hammer, inverted hammer, hanging man, doji etc.
Could you please explain if it is very important that these pin bars are the correct color or not, according to an Up or Down trend.
Also, how important is it that we use the correct...
No the colour of a pin bar doesnt really matter to me.
If theres a pin bar for an upward move then we enter when price breaks the high of that pin bar.
When there is a pin bar for a short we wait for price to break the low of the pin bar.
All these can be studied on candle formations etc.
You can see all this on babypips.
There are so many pdfs based on candle formartions and how to trade them.
Study these from these pdfs and websites it will help you when you see them.
X-man the legendary conqueror of markets
  • #9,008
  • Oct 9, 2012 7:39am Oct 9, 2012 7:39am
Quoting X-Man
Its not common sense
That was an EA. All EAs becomes obsolete when the market changers.
All mechanical systems become obsolete when market changers.

This method is based on pure price action and is not mechanical
Every trader knows about S&R howcome that still works?
Every trader trader knows about trendlines howcome that still work?
Fibbs howcome fibbs work? Leonardo Fibonacci came up with the fibbs.
He couldve kept that to himself and not shared it . but now every trader know about it.
Japanese candles all work until today the pin bars , engulfing...
  • #9,009
  • Oct 9, 2012 7:44am Oct 9, 2012 7:44am
Quoting X-Man
No the colour of a pin bar doesnt really matter to me.
If theres a pin bar for an upward move then we enter when price breaks the high of that pin bar.
When there is a pin bar for a short we wait for price to break the low of the pin bar.
All these can be studied on candle formations etc.
You can see all this on babypips.
There are so many pdfs based on candle formartions and how to enter them.
Study these from these pdfs and websites it will help you when you see them.

x-man, thank you for your prompt reply and your experience on how you trade these pin bars.
Better start more reading on these candles. One day soon i will want to trade like you and the group here.

Cheers again

steve
  • #9,010
  • Oct 9, 2012 7:46am Oct 9, 2012 7:46am
Just follow this traders and u will see what happens.
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  • #9,011
  • Oct 9, 2012 7:47am Oct 9, 2012 7:47am
Quoting itrade44
x-man, thank you for your prompt reply and your experience on how you trade these pin bars.
Better start more reading on these candles. One day soon i will want to trade like you and the group here.

Cheers again

steve
No problem buddy
All you need is this method and how to read candles. from there you will be on your way to making constant money on FX.
i think i posted a pdf on this thread called 3 powerful forex price patterns
Learn that pdf
X-man the legendary conqueror of markets
  • #9,012
  • Oct 9, 2012 7:49am Oct 9, 2012 7:49am
Quoting Pip26
Just follow this traders and u will see what happens.
pip26, thanks for the inspirational words and the great visuals.

Green pips to you

steve
  • #9,013
  • Oct 9, 2012 7:49am Oct 9, 2012 7:49am
Quoting Pip26
Just follow this traders and u will see what happens.
beautiful post. yes this is basically the way we trade everyday.
Simple as this.
Our minds are just complicating it
because our minds are not ready to accept that forex can be this easy

Pip26 they going to start sending the troops for you as well.
X-man the legendary conqueror of markets
  • #9,014
  • Oct 9, 2012 7:51am Oct 9, 2012 7:51am
I have just seen your method yesterday - think it is good.
As far as "haters" are concerned, don't bother about the selfish who think of only themselves. Just go ahead and do what you are doing. If the method works in future or not is not the main consideration. There will be other ideas and let the others roil in their discomfort.

All Good Wishes !

Vilas.

Quoting loveevery1
Just received this...
my brother....As humans we are not supposed to keep anything with ourselves.that is deceiving another soul.even with these things shown.there are lot of people missing the pips.what will i do?god should bless them all....

Teach what you have learnt.You must be a good trader...plz contribute...we are all ears...GOD BLESS....

This is not the first time im getting this PM....i have asked the same thing in PM/EMAIL?CHAT.Just doing my part....
  • #9,015
  • Oct 9, 2012 7:55am Oct 9, 2012 7:55am
Quoting X-Man
beautiful post. yes this is basically the way we trade everyday.
Simple as this.
Our minds are just complicating it
because our minds are not ready to accept that forex can be this easy

Pip26 they going to start sending the troops for you as well.
i m aiming on them
Attached Image
  • #9,016
  • Oct 9, 2012 7:55am Oct 9, 2012 7:55am
Quoting X-Man
Its not common sense
That was an EA. All EAs becomes obsolete when the market changes.
All mechanical systems become obsolete when market changes.

This method is based on pure price action and is not mechanical
Every trader knows about S&R howcome that still works?
Every trader trader knows about trendlines howcome that still work?
Fibbs howcome fibbs work? Leonardo Fibonacci came up with the fibbs.
He couldve kept that to himself and not shared it . but now every trader know about it.
Japanese candles all work until today the pin bars , engulfing...

yes, well said x-Man and absolutely right
I never lose - either I win or I learn...
  • #9,017
  • Oct 9, 2012 7:56am Oct 9, 2012 7:56am
Quoting itrade44
pip26, thanks for the inspirational words and the great visuals.

Green pips to you

steve
keep it simple
  • #9,018
  • Oct 9, 2012 8:23am Oct 9, 2012 8:23am
au 15min -10

took this trade due to the retracement to the 10 ema.

i was to impatient should have waited to see a reaction from the 10 ema, also looking back it looks like i have caught the retracement of a lower high
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  • #9,019
  • Oct 9, 2012 8:25am Oct 9, 2012 8:25am
As I said once I was back to looking at charts and trading I would be posting my charts. Posting charts does two different things. First it helps others and secondly it keeps us honest with our tradings.

I took think trade about 15 mins ago before the NYO. Here are the reasons:

Looked at the 4h chart and saw that the PA touched (or close enough for me) the 10 EMA which would signal more short trades. I put a red arrow at this candle. Then I went to the 15m chart and noticed that the PA was bouncing off off the 800 EMA with the third try being a hammer. I took the short at the red arrow for a total of 10 pips. My SL was at 1.29610. Why? There was a resistance area which is show with the red horz line and it was above the round number of 1.29600. Now what I should have done for a TL was wait until the yellow horz line. The reason for that was there was a lot of support there and looked like the price was going to that area. Well look now, I would have had well over 50 pips now.

Is anyone going to take the CT trade once the price gets to 1.2900?

Shawn
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  • #9,020
  • Oct 9, 2012 8:31am Oct 9, 2012 8:31am
Quoting Pip26
i m aiming on them



ehmmmmmmmmmmmm.......

This looka fimiliar..........

Is it 10EMA Caliber with built in 200EMA magnetic checked bullet design earrings.

Am I correct ? If it is........watch out its powerful...lol
I heard it's good to target pips at 15MTF fire range.......

p/s I think X-Man are using somethin similar. ( not sure)
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