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Another simple system - Time-Frame 15

  • #11,021
  • Oct 24, 2012 6:05am Oct 24, 2012 6:05am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting alij79
anybody short E/U rite now , is signal valid?
Hi,

Be careful as there is EUR Red News in less than 45 minutes. ECB Draghi speaking.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #11,022
  • Oct 24, 2012 6:10am Oct 24, 2012 6:10am
Quoting alij79
anybody short E/U rite now , is signal valid?

Not sure where EU is right now but look out below. Sorry, don't have access to charts right now.

Peace and Love
Steph
  • #11,023
  • Oct 24, 2012 6:11am Oct 24, 2012 6:11am
#10930
This post states exactly what I believe and why I follow this thread.
In all the dozens (!) of threads I've read in FF this is the ONLY time I've seen this stated so well.
It is absolutely true and more than any other advice should be stamped permanently into people's brains.

Thanks loveevery1

Rorie U

PS I shouldn’t have highlighted some parts - the whole post is relevant.

I wish everyone follows it...lol.My target is only 10 pips ....
Not more than that...That 10 pip is equal to 100 pips....i take only very very very very confirmed trades....

10 pip confirmed trade is better than 100 pips unconfirmed trade to my eyes...i dont know if you guys understand what im trying to tell you...
My usually risk 3-5% on each trade....since my SL is TINY...i always take a trade where there is no pull back...from the point i enter...the price only continues in my direction.it doesnt do a pull back for even 5 pips....you need extreme patience to wait for this...

Thats why i always say enter at the pull back.if you enter straight away after the close of the cnadle...there will be a retrace....

PIP26.....learn this...this is the most important lesson of all....we cant keep sitting and looking for trades the whole day....there are ways to make a very very very good life by trading this way.most of all..this is less tension and will increase your lifetime..count my words on this...

Reduce your target....FOLLOW ME EXACTLY PIP BY PIP......we dont want 100 pips/day. Im sure you heard people saying EXIT is more important than entry...to me it doesnt make sense....If you entry is right so is your exit....if your entry is wrong so is your exit...
Focus on ENTRies on the DOT...i mean on the DOT.......if you practice this one...your stress will not last for more than 5-10 minutes on any day...and at the same time your earning much more than anyone here...i spend more time in the forum than on the charts...lol..i think bro gibrils knows this for certain...i can go take a trade right now while typing this and take a winner [!!!] (asian 5-10 pips)..but the point here is i cant stress myself with these trades..bro rorieu asked how i keep myself away from these trades....just practice.....it will come
  • #11,024
  • Oct 24, 2012 6:21am Oct 24, 2012 6:21am
Quoting Xhale12
The trend was far from up for a long time. Look at the 1 hour. A small pullback in the grand scheme of things. As Emmanuel pointed out though, no short signal was given. Now of course if a valid long signal is given... take it. I would have taken this in a heartbeat if my spread was not so damn crazy right now.
Xhale and Emmanuel,

thank you guys for explaining

Arunas
  • #11,025
  • Oct 24, 2012 6:33am Oct 24, 2012 6:33am
Quoting alij79
anybody short E/U rite now , is signal valid?
Take a look at 4 hour. Look at what we are bouncing off.
What is any ocean but a multitude of drops?
  • #11,026
  • Oct 24, 2012 6:37am Oct 24, 2012 6:37am
hi,

just have 2 minutes... opened and saw that my gu trade hit target


had more trades placed, all green so far
will elaborate tonight where to enter


here to study from m15
look at for bounces and always consult higher time frames fellow lovebees

peace and love
steph

Attached Image (click to enlarge)
Click to Enlarge Name: oct24gum15+26.gif Size: 26 KB
  • #11,027
  • Oct 24, 2012 6:48am Oct 24, 2012 6:48am
Quoting Xhale12
Take a look at 4 hour. Look at what we are bouncing off.

this is my updated view on EU H4

there is a rising channel and price is in the down flow which can move further down to the lower channel line.
For swing trading, there must be a reversal setup on H4 before the direction changes.

Observe the TDI closely for bullish divergence should market move sideway in narrow range.
Attached Image (click to enlarge)
Click to Enlarge Name: EU week 43 H4 Oct pre NYO unpdate 24-10-2012 7-35-14 PM.png Size: 90 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #11,028
  • Edited 7:00am Oct 24, 2012 6:52am | Edited 7:00am
Quoting 99problems
hi,

just have 2 minutes... opened and saw that my gu trade hit target


had more trades placed, all green so far
will elaborate tonight where to enter


here to study from m15
look at for bounces and always consult higher time frames fellow lovebees

peace and love
steph

Attachment

such a nice trade... entry just above the last H4 Close... follow through of a bullish H4 close.

that was my question if anyone want to short if there is sell trigger...without looking at the strong H4 bulllish candle.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 24 Oct price pullback 24-10-2012 7-54-24 PM.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #11,029
  • Oct 24, 2012 7:05am Oct 24, 2012 7:05am
So on GU would you now short here? adr reached & at week 10 ema
  • #11,030
  • Oct 24, 2012 7:10am Oct 24, 2012 7:10am
Quoting Hawki trader
So on GU would you now short here? adr reached & at week 10 ema

other than ADR reached, do you have 2 more reasons to short?

price pullback at yesterday' High and Open

possible small profit if there is trigger
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #11,031
  • Oct 24, 2012 7:13am Oct 24, 2012 7:13am
BRN? & Im thinking of another! daily at 50ema?
  • #11,032
  • Oct 24, 2012 7:18am Oct 24, 2012 7:18am
lol
Attached Image (click to enlarge)
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Let all the living things live blissfully
  • #11,033
  • Oct 24, 2012 7:26am Oct 24, 2012 7:26am
Quoting loveevery1
[color=red]I wish everyone follows it...lol.My target is only 10 pips ....
Not more than that...That 10 pip is equal to 100 pips....i take only very very very very confirmed trades....

10 pip confirmed trade is better than 100 pips unconfirmed trade to my eyes...i dont know if you guys understand what im trying to tell you...
My usually risk 3-5% on each trade....since my SL is TINY...i always take a trade where there is no pull back...from the point i enter...the price only continues in my direction.it doesnt do a pull back for even 5 pips....you...
i m trying my best to make it more less stress trading... dont have patience like u. but trying to reduce target with good risk targets. less screen time allows me to do other routine works easily.
  • #11,034
  • Oct 24, 2012 7:29am Oct 24, 2012 7:29am
Quoting loveevery1
lol
Formula One thread
Attached Image
  • #11,035
  • Oct 24, 2012 7:40am Oct 24, 2012 7:40am
Quote
Originally Posted by loveevery1
[color=red]I wish everyone follows it...lol.My target is only 10 pips ....
Not more than that...That 10 pip is equal to 100 pips....i take only very very very very confirmed trades....

10 pip confirmed trade is better than 100 pips unconfirmed trade to my eyes...i dont know if you guys understand what im trying to tell you...
My usually risk 3-5% on each trade....since my SL is TINY...i always take a trade where there is no pull back...from the point i enter...the price only continues in my direction.it doesnt...

That's the truth and It's really well said.

I've stared forex a few months ago and at first I was like "I'm gonna make a houndred of pips and I'll be rich quickly!".Then I've realized that's non sense.Now I'm looking really forward and I know that soon, those 10 PIPS could be enough to make really nice profit with no stres.I'm also aiming at 10-20pips profit a day, at least for now.It's all about patience and discipline.


Thank's to you loveevery1 and to everyone here who share his knowledge and give help! I'm glad to see so nice and helpful people around, you are all good people.
  • #11,036
  • Oct 24, 2012 7:47am Oct 24, 2012 7:47am
Quoting Pip26
i m trying my best to make it more less stress trading... dont have patience like u. but trying to reduce target with good risk targets. less screen time allows me to do other routine works easily.
Practice is the only way to achieve this bro....Im sure you are on track just keep practicing...the way my internet works.i have to trade HTF i guess...lets see....
Let all the living things live blissfully
  • #11,037
  • Oct 24, 2012 7:54am Oct 24, 2012 7:54am
Quoting pkimnyc
and this?
Dear pkimnyc

Wonderful step by step presentation

But what is the outcome.

Metalman
FIGHT TILL FINISH
  • #11,038
  • Oct 24, 2012 7:56am Oct 24, 2012 7:56am
Quoting loveevery1
Practice is the only way to achieve this bro....Im sure you are on track just keep practicing...the way my internet works.i have to trade HTF i guess...lets see....
yes master practice makes us perfect...

launch ur own internet company bro
  • #11,039
  • Oct 24, 2012 7:57am Oct 24, 2012 7:57am
Quoting Metalman
Dear LE1

Just thinking of 10000 figure attained in 7 months.

Keeping everything in mind, it is to reach 20000 in less than 12 months bro.

Doing a good service to the human beings with mates like Xman, pip 26, Gibril etc.

Not a miracle but reality.

Praise HIM always the ultimate.

Metalman
LE1

So no wonders.

Metalman
FIGHT TILL FINISH
  • #11,040
  • Oct 24, 2012 7:59am Oct 24, 2012 7:59am
Already made my 100 pips today, on HTF setups
Entries were made in asian session on H4 and H1 charts.

E/J +44, +20
U/CAD +35

first two charts u/cad h4, h1
second two charts e/j h4, h1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Greenshot_2012-10-24_08-42-29UCADH4.png Size: 28 KB
Click to Enlarge Name: Greenshot_2012-10-24_08-44-07ucadh1.png Size: 25 KB
Click to Enlarge Name: Greenshot_2012-10-24_08-50-13EJH4.png Size: 38 KB
Click to Enlarge Name: Greenshot_2012-10-24_08-47-35ejh1.png Size: 29 KB
If you're going through hell, keep going. Winston Churchill
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