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Another simple system - Time-Frame 15

  • #12,081
  • Oct 31, 2012 8:38pm Oct 31, 2012 8:38pm
Awesome, this divergence only saved me today, and did not enter buy in morning.
Quoting emmanuel7788
HI,

Here is another way how you can spot price correction / reversal.
The TDI -Price Divergence usually occur after strong price rally and the TDI (using period 13 setting) will show the Price Line green line breaking out of the Volatility Band blue band and then re-enters the VB as price converge. ***Do not enter a trade simply with TDI cross!
When the TDI PL re-enters the VB ... note that price continues Upwards but the TDI PL continues downwards.

This is an opportunity when we will look for the Divergence with TDI cross and with the...
If you want your dreams to come true, you better wake up !!!
  • #12,082
  • Oct 31, 2012 8:41pm Oct 31, 2012 8:41pm
Quoting Ciara
Shorted on the top..wondering, hw many pips are left in that train.. Could be the good ole H&S pattern.. Risking 10 pips.

@Arjun -- the needy will be rewarded, as always
Thanks for teaching us this simple technique!

Love, Ciara
Thanks for that assurance....mate..
Let all the living things live blissfully
  • #12,083
  • Oct 31, 2012 8:48pm Oct 31, 2012 8:48pm
Quoting Mashiro
I'm a bit confused about the rules
rules stated that we only take long if candle is above 200ema
and shorts when candle is below 800ema

so what happens when candle is above 800 and 200 ema
example like now in GU where 200 ema is above 800 and candle is above both of them

do we take long only ? no shorts ?

Attachment

to every rule, there is exception.

back 40 years ago when I was in school, I was caught breaking a school rule. when the headmaster asked me why I did what I did. I told him rules are meant to be broken. You know the consequence of that.

Now back to your question:
I call the space between the 200EMA and 800EMA as daylight.
when there is too much daylight, I wait for the sun to set.

Remember, Moving Averages always follow the price. Not the other way around.

Next thing you need to do is to do the Weekend Homework.
Post #11400 and #11482.
This is the most basic way I was taught how to read my charts and reconcile Price Action in multi-timeframe analysis. In this thread we use the 10EMA in all TFs.

Enjoy the Learning Journey.
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #12,084
  • Oct 31, 2012 8:51pm Oct 31, 2012 8:51pm
Quoting 99problems
I see a lot of new people that came here over the last few weeks..i love it!!
kind of hard to keep up but keep on going..

please continue to share and our master - arjun - asked only for ONE thing in return.

SHARE WITH THE LESS FORTUNATE

if one stops giving, the taking will eventually stop too. please help, develop and teach them if you have the chance too. banks, hedgefunds and others would pay millions to get the kind of results we are getting on a constant basis without moving the market.

you were giving something very powerful....
SHARE WITH THE LESS FORTUNATE


I agree....folks plz dont keep eveyrthing that you make...Giving and Taking are correlated....when ONE stops the other will automatically stop...lol
Let all the living things live blissfully
  • #12,085
  • Oct 31, 2012 8:52pm Oct 31, 2012 8:52pm
Quoting ejiexe
I have a big challenges now. Master himself vouch for me. Do i really deserve all these vouches. Two vouches today alone.

Thank you Arjun and Pips26 for the vouch.

We would'nt have been here together if not bcos a man who really LOVEEVERY1 started this thread. Thank GOD also that I was shown this thread. It has really change things for me.
YOu derserve it my friend....want to keep everyone happy...just my small contribution
Let all the living things live blissfully
  • #12,086
  • Oct 31, 2012 8:53pm Oct 31, 2012 8:53pm
Quoting leztuh
what is that?

my MT is going to show some kind of "Marix" (the movie) signals?

in the first moment i thougt..."too much screen time"
i think your broker is missin feeds...mate..
Let all the living things live blissfully
  • #12,087
  • Oct 31, 2012 8:53pm Oct 31, 2012 8:53pm
Quoting jdva
done some EU scalping today for about 30 pips...4 very small wins, no loser...
every little helps...
I believe brother Arjun would agree... 5 pips for sure LOL !?


Attachment
10 pips confirmed trade is better than 100 pips unconfirmed....

can someone explain the above point in detail plz...?
what is your understanding of this...
Let all the living things live blissfully
  • #12,088
  • Oct 31, 2012 8:55pm Oct 31, 2012 8:55pm
Quoting Pip26
Im sure ur in arjun???
No mate....i spend more time with my family.i hardly want to sit in front of the computer.but when i see if i see a trade i will jump straight in..lol.

Trust me i have taken trades in less than 20 secs...
Let all the living things live blissfully
  • #12,089
  • Oct 31, 2012 8:55pm Oct 31, 2012 8:55pm
Quoting X-Man
Brother this thread has no brakes.
its speeding.
The FF traffic cops will give this thread a fine for speeding.

Another RN and so quick
hahahha....you are right...brother...hope we dont get arrested
Let all the living things live blissfully
  • #12,090
  • Edited 9:32pm Oct 31, 2012 8:57pm | Edited 9:32pm
Quoting sashadeol
Awesome, this divergence only saved me today, and did not enter buy in morning.

Do not use Divergence in standlone mode.
Always combine with another TA such as EMA10 PA, CS patterns, etc.

EU - looking at prev 2 days D candles, and recent H4.... today is Buy mode.

Interesting Mn close candle. Don't you think so?

Do the Month end candle analysis for all pairs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #12,091
  • Oct 31, 2012 8:58pm Oct 31, 2012 8:58pm
Quoting 99problems
LOVEBEES!

i know you are out there...

there are many many good and experienced traders these days on this thread and they post. you might be overwhelmed by the trades they take...

i am overwhelmed. i am still a complete LOVEBEE (i'm getting close to 5 months now)

PLEASE DO NOT RUSH THINGS... there are several setups discussed in this thread and it gets confusing for us lovebees sometimes...

i used to be like you. just reading everything. i noticed that i learn quicker once i start posting my chart. pros will help you.

please learn...

Yes i agree...guys most of the experienced traders know how to trade...you guys are pip monsters....but plz explain the setups in the way these LOVEBEES can understand....

Im missing my brother GIBRIL....lol
Let all the living things live blissfully
  • #12,092
  • Oct 31, 2012 9:20pm Oct 31, 2012 9:20pm
Hello everyone..............I finsihed study this 5 weeks.......Basic noob question.................What are the 3 first things you look up when you first open your charts with the system?..................
  • #12,093
  • Oct 31, 2012 9:20pm Oct 31, 2012 9:20pm
Quoting emmanuel7788
to every rule, there is exception.

back 40 years ago when I was in school, I was caught breaking a school rule. when the headmaster asked me why I did what I did. I told him rules are meant to be broken. You know the consequence of that.

Now back to your question:
I call the space between the 200EMA and 800EMA as daylight.
when there is too much daylight, I wait for the sun to set.

Remember, Moving Averages always follow the price. Not the other way around.

Next thing you need to do is to do the Weekend Homework.
Post #11400 and #11482....
Hi Emmanuel
Would you elaborate more about "too much day light" or "Sun to set"
I checked the posts you mentioned and I could not find any explanation about it.
Thank you
In trading, you have to be defensive and aggressive at the same time
  • #12,094
  • Oct 31, 2012 9:26pm Oct 31, 2012 9:26pm
Quoting 99problems
we need to learn the basics first

peace and love
steph
i'm probably one of those who should be responsible for staying away from the basics. my apologies for the confusions. from going forth, i'll limit my post and try to post something related to the topic of the thread. sorry...
  • #12,095
  • Oct 31, 2012 10:04pm Oct 31, 2012 10:04pm
1) ...I like to check to see if using the EMA on the different time frames give any interesting results.................. 2)...In other words the MA periods will change to our eyes, but in the different timeframes they will be the exact same periods. (is this correct ?..................).........3)..How did you come about THESE MA numbers particularly?..............................Anyway I am in no hurry, I've found more than once that Patience is one of the best trading indicators around.
  • #12,096
  • Oct 31, 2012 10:19pm Oct 31, 2012 10:19pm
Quoting 99problems
LOVEBEES!

i know you are out there...

there are many many good and experienced traders these days on this thread and they post. you might be overwhelmed by the trades they take...

i am overwhelmed. i am still a complete LOVEBEE (i'm getting close to 5 months now)

PLEASE DO NOT RUSH THINGS... there are several setups discussed in this thread and it gets confusing for us lovebees sometimes...

i used to be like you. just reading everything. i noticed that i learn quicker once i start posting my chart. pros will help you.

please learn and share...
Hi Steph/99

Ill take you up on that recommendation of posting charts and getting help from senior Pros here to learn quicker.

Keep in mind Im new to this and it could get ugly with the losing trades I put up, but Ill be honest with them, and im prepared for what ever lessons that need to be Learnt.

I guess the successful strike rate on the thread is going to come down abit, as I see mostly successful trades....LOL.

Cheers

W99
  • #12,097
  • Oct 31, 2012 11:39pm Oct 31, 2012 11:39pm
This chart was posted by brother IMI....take a look...

where he has bought and where he has sold...

I have nothing to explain..

He is using the same old concept and trading HTF...coz of his timing...He misses most of the London moves coz he is enjoying his sleep.take a look.

A 10 pip confirmed trade is more important than the 100 pip unconfirmed trade...

This is the opposite of what was told to you guys in this industry.we dont want to be trading more than 30-50 lots ever on a single trade.With these confirmed entries all we need is 10 pips stress free/less hassle and agian it depends on the persons personality.

This 10 pip target will get easily HIT without stress..you dont have to break your head...i will tell you what the hardest part is...?

The hardest part is to wait for this setup to happen..the SL is always below that closed candle say 2 pips below it...you can imagine how TINY it can be.It will test every nerve in your body to be patient.but when this happens....you are in for certain PIPS...

Guys i cant be more blunt than this...

Remember my quote " ONE is everything and Everything is ONE"

The actual meaning is realisation not just words....

For example when you master ONE SETUP....It will Open up for all the other setups...you will finally REALISE that everthing is same...whatever TF you trade...whatever pairs you trade...

There is a stroy in my country....it goes

A man approached a saint(best doctors in the world) and asked him for medicine for the disease that he's got.

The Saint Looked at him and gave him ONE medicine out of all the 100 others...

If you look at this example you might think what is so great in this story.
the point here is....when the saint saw him sick.
There can be only ONE BEST solution to the problem.thats why we use the word BEST.there is no best best or good or super good...everything means the same.

A Doctor who has mastered practicing medcine will look at the best possible solution to the problem...
To this saints eyes...he dint see the other medicines but only the best ONE..naturally their brain will think of only ONE...because they have mastered it.

J.Krishnamurti says " There is no choice for an Enlightened Man "

ONE is Everything and Everything is ONE...
Attached Image
Let all the living things live blissfully
  • #12,098
  • Oct 31, 2012 11:55pm Oct 31, 2012 11:55pm
Dear Arjun could you point or upload EMA indicator on your chart? The ones drawing the lines.I really love that unless you did that manually
Thank you
In trading, you have to be defensive and aggressive at the same time
  • #12,099
  • Nov 1, 2012 12:24am Nov 1, 2012 12:24am
Quoting Davit
Dear Arjun could you point or upload EMA indicator on your chart? The ones drawing the lines.I really love that unless you did that manually
Thank you
Here you go my friend...IM not a computer literate...its done by our fellow programmers here...
Attached File(s)
File Type: mq4 SimpleEMA.mq4   14 KB | 794 downloads
Let all the living things live blissfully
  • #12,100
  • Nov 1, 2012 12:27am Nov 1, 2012 12:27am
Some posts...

http://www.forexfactory.com/showthre...38#post6060438
http://www.forexfactory.com/showthre...64#post6060164
http://www.forexfactory.com/showthre...79#post5998679
http://www.forexfactory.com/showthre...79#post5969879
Let all the living things live blissfully
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