Another simple system - Time-Frame 15 | Page 681 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi time frame Simple MACD system 824 replies

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: Another simple system - Time-Frame 15
Exit Attachments

Another simple system - Time-Frame 15

  • #13,601
  • Nov 9, 2012 8:05am Nov 9, 2012 8:05am
Raining pips today. GU M15
Attached Image (click to enlarge)
Click to Enlarge Name: GU_M15_11912.png Size: 95 KB
  • #13,602
  • Nov 9, 2012 8:06am Nov 9, 2012 8:06am
Hi there,

If you are trading chart patterns, I suggest you take a look at this Autochartist or go to http://www.autochartist.com

I works wonderful for me.



Quoting fxdivergence
Hi fellow traders and lovebees
I have redrawn and created a print friendly trendline patterns, so you can print it, and stick near your workstation.
I hope the patterns I have drawn are the most common. If I missed anything, I can add these patterns in.

God Bless
fxD
  • #13,603
  • Nov 9, 2012 8:13am Nov 9, 2012 8:13am
Read this thread now couple weeks and want to said BIG THANKS for teachers and all members who share they experiences in FX .
Not only about this great system but other useful things too .
Im not new in fx but find lot of useful study .
This week testing gives me 5% profits .

Have a nice weekend all !!

Sorry my bad english .
  • #13,604
  • Nov 9, 2012 8:42am Nov 9, 2012 8:42am
Quoting cristiansan
Most of the sellers have jumped out of train. Dead end! Let's see if they are going to recover their strength.
Too many "coincidences": 126 RN, 138fib price ext Weekly (red dotted). 161fib price ext Daily (blue)
I took this CT on GJ
with exit on 1.272 daily fibo
+19
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 119 KB
  • #13,605
  • Nov 9, 2012 9:17am Nov 9, 2012 9:17am
Quoting loveevery1
hahaha...good one...ultimate example ...where have you been brother...didnt you see for sometime...?
Thanks my brother Arjun,been following this thread mostly from my office nowadays.They need me in the afternoon to teach "office lovebees" how to convert & update currencies into Sing dollar so they can collect taxes.Yesterday and today is my off day manage to grab some pips
with the standard 10ema rejection set up away from 200ema.Simple thing always work 4 trade 4 win so far
  • #13,606
  • Nov 9, 2012 9:21am Nov 9, 2012 9:21am
Quoting emmanuel7788
Hi Neio,

Good to know that you love what I do. I too love what I do everyday and I never work another day.

the power of CONFLUENCE:

Prev Week Low
D fibo-e 161%
RN 82.00
and
best one is my TP4 level. LOL

Have a Good Evening trading the rest of today US session. .
I need to get out for some beers, ... it is Friday night here.

Cheers brothers and sisters!

Hi Emmanuel, I want to know if you long back from your TP level 4? I know it is not really base on LOVEBEES setup but base on LOGIC.
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #13,607
  • Nov 9, 2012 9:36am Nov 9, 2012 9:36am
I got one of those "can it be done, trade for a living" messages someone getting retrenched. Of course it can be done but the mental stresses to trade live from the start are staggering. Anyway it reminded me of the story (I am assured NOT urban legend) of the guy that taught his nephew to trade, at the time an early teen. He was successful from the start. Now late teens apparently employed with his uncle at a private bank.

Their secret, a trend method they stick to religiously. Buy above/sell below 200 ema no, they have a different trend definition. It doesn't change the simplicity of this method. Follow the trend (yes theres obviously some trading knowledge to go along) go counter trend when theres a stack of additional reasons to do so (this mornings eur sell a classic example).

After watching 15 min chart (gu and eur) in tandem with our normal entries (5 min chart and I won't utter five again its a 4 letter word) my better half went live on 15 min as main entry vehicle 2 weeks ago. She has yet to have a loss from 15 min chart!
Great thread, great people.
  • #13,608
  • Nov 9, 2012 9:50am Nov 9, 2012 9:50am
EU chart
Pin bar on H1 TF ; On 15 mn TF , price above 10 ema , target 1H 10ema. A little risky for newbee;but we got a 4h Support also and price above 4h support. Took 10 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: fxTrade - jeank - Primary (415449)_2012-11-09_15-27-46.png Size: 48 KB
  • #13,609
  • Nov 9, 2012 9:58am Nov 9, 2012 9:58am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Vantage
I got one of those "can it be done, trade for a living" messages someone getting retrenched. Of course it can be done but the mental stresses to trade live from the start are staggering. Anyway it reminded me of the story (I am assured NOT urban legend) of the guy that taught his nephew to trade, at the time an early teen. He was successful from the start. Now late teens apparently employed with his uncle at a private bank.

Their secret, a trend method they stick to religiously. Buy above/sell below 200 ema no, they have a different trend definition....
Wow we are blessed with another experienced trader.
Going to check out your blog and journal. Looks interesting so far.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #13,610
  • Nov 9, 2012 10:02am Nov 9, 2012 10:02am
Hi does anyone have weekly range data available?
Rather like adr = daily is there awr?
Thanks.
If ask a silly question.. forgive me!i'm just confused again!
  • #13,611
  • Nov 9, 2012 10:12am Nov 9, 2012 10:12am
Quoting jeank
EU chart
Pin bar on H1 TF ; On 15 mn TF , price above 10 ema , target 1H 10ema. A little risky for newbee;but we got a 4h Support also and price above 4h support. Took 10 pips.
london close in 50 min. don't forget, ny sessions been crap last couple of weeks.
  • #13,612
  • Nov 9, 2012 10:38am Nov 9, 2012 10:38am
Its kind of fun that some buddy entry point is exactly same as i'm taking.
That is b/c Arju and other senior member taught very well to us.

Always thank you guys,
  • #13,613
  • Nov 9, 2012 10:38am Nov 9, 2012 10:38am
hi friends,

here my lovebee entry for AJ.
i'm still trying to learn how to hold on to trades. follow emmanuel if you want to learn

for the day:
AJ +54
EC +18, +11
GJ +17
EU +19

closed almost all positions as i had to go to school. if only i had the confidence to let them run like AJ lol.
peace and love
steph

P.S. Will post a lot of backtests this weekend for lovebees
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Picture 7.png Size: 41 KB
Click to Enlarge Name: Picture 6.png Size: 41 KB
  • #13,614
  • Nov 9, 2012 11:17am Nov 9, 2012 11:17am
Quoting emmanuel7788
Hi long bow,

Thank you for re-writing your post chart with more details. Very well drawn charts with good clarity. I like that.

Those two trades did not meet the criterias of this method. But you manage to BE your trades early and pevented some losses.
The first sell trade isn't the best when I look back to how the US session closed. There was key data release from China this morning and this usually move the market. If you had follow closely the market after your sell trade failed, the buy setup was there but you did not see that. Your...
emmanuel7788, thank you for teaching me! I really like your charts. I've learnt many things from your posts.
After the 1st sell, I was out. so I didn't see the buy setup. And like you said, next time I should set smaller SL. R-multiple is great. I find out today's EU chart just like your post a few days ago about Price/TDI Divergence. I should re-read many times.

My English is not good, so I read the thread just like a snail. and sometimes I maybe misunderstand. I'll keep reading and learning.

I was diffident to post my charts before. But 99problems said he improves very fast after posting charts. I'm eager to learn so I will keep posting too.

Thanks everyone. I feel so lucky, here are so many unselfish experts would like to help ppl like me. And thanks LE1 again!
Find your edge, make your system, stick to it.
  • #13,615
  • Edited 11:40am Nov 9, 2012 11:20am | Edited 11:40am
This trade is based onn Arjun method.

We all know what happen if price enter between 800ema and 200ema. This happen on 1hr this time around.

On 4hr price enter between 50ema and 200ema. A bounce from 200ema + RN+ Last week Low etc. etc etc

Don't worry it was taken on Demo. I have plan to trade it live but you all know why lol.

I also know today is friday and everybody will be taking profit and that usually push back price

LOGIC, ANALYTICAL MIND AND PATIENCE.

Edit: Main trigger that was discussed was ADR! ADR!! ADR!!!. Lot of confluences. If ADR is reached and price go to next RN(especially BRN), you can take the trade to the BANK. I think someone said we can sold our house to take the trade

Though this type of trade is not for LOVEBESS like me
Attached Image (click to enlarge)
Click to Enlarge Name: aj.gif Size: 25 KB
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #13,616
  • Nov 9, 2012 11:24am Nov 9, 2012 11:24am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting 99problems
hi friends,

here my lovebee entry for AJ.
i'm still trying to learn how to hold on to trades. follow emmanuel if you want to learn

for the day:
AJ +54
EC +18, +11
GJ +17
EU +19

closed almost all positions as i had to go to school. if only i had the confidence to let them run like AJ lol.
peace and love
steph

P.S. Will post a lot of backtests this weekend for lovebees
Hi Steph,

Some good numbers there buddy. I am trying to learn to hold trades for longer too. I am re-reading Gibril's journal/masterclass.
One thing I noticed that Gibril does is make sure he selects trades which have little or no obvious resistance for 20-30+ pips. Often he takes trades that are RN to RN. Not all trades will be winners of course but I guess it gives more confidence to leave the trade for longer.

Just my newbee observation.

Have a good weekend.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #13,617
  • Nov 9, 2012 12:06pm Nov 9, 2012 12:06pm
Quoting long_bow
emmanuel7788, thank you for teaching me! I really like your charts. I've learnt many things from your posts.
After the 1st sell, I was out. so I didn't see the buy setup. And like you said, next time I should set smaller SL. R-multiple is great. I find out today's EU chart just like your post a few days ago about Price/TDI Divergence. I should re-read many times.

My English is not good, so I read the thread just like a snail. and sometimes I maybe misunderstand. I'll keep reading and learning.

I was diffident to post my charts before. But...


hi my friend,

stay with us please, we re a family with open arms to every good soul...
please make sure to read the thread...don t focus too much on trading.. the market has an unlimited amount of opportunities and wealth as long as it will exist. much more important to understand what we are doing than to trade when you start out.
pro traders and lovebees like me will do their best to assist you in your progress.

peace and love
steph
  • #13,618
  • Nov 9, 2012 12:42pm Nov 9, 2012 12:42pm
Pivotfib Indy

Hey brothers and sisters,

does anyone of you have this indy to share?

http://www.forexfactory.com/attachme...1&d=1349770500 (this one in yellow, Master Gibril chart)

Would appreciate your hand. Would like to test it.

Thanks,

Love, Ciara
Ideas shape the course of history
  • #13,619
  • Edited 1:15pm Nov 9, 2012 1:12pm | Edited 1:15pm
Dear Sis Ciara, The THV Daily Pivots has same setting, to show the pivots based on Fibs....

Edit: I attach what I found on this FF
The one that is close to Gibril is : FiboPiviotChanel.mq4




Quoting Ciara
Pivotfib Indy

Hey brothers and sisters,

does anyone of you have this indy to share?

http://www.forexfactory.com/attachme...1&d=1349770500 (this one in yellow, Master Gibril chart)

Would appreciate your hand. Would like to test it.

Thanks,

Love, Ciara
Attached File(s)
File Type: ex4 Fibonacci Pivot's.ex4   5 KB | 436 downloads
File Type: mq4 Fib_Pivots_02.mq4   5 KB | 442 downloads
File Type: mq4 FiboPiviotChanel.mq4   3 KB | 658 downloads
If you want your dreams to come true, you better wake up !!!
  • #13,620
  • Nov 9, 2012 1:15pm Nov 9, 2012 1:15pm
Hi ,
To all

I just want to show newbies discipline.

Everytrade I took today went up to 8-9 pips in my direction and then retraces to take be out for a break even. Three trades three b/e. Some would think why wouldn't you just exit with 8 or 9 pips? What if I tell you my average s/l is between 10-12. You have to stick to sound money managment. I practice this even though my win rate is over 90%.

Tip: Alot of times I don't even put a target profit. What if price explodes for 50 pips within 10 minutes and you exited with only 1:1 return.

They say only 3% of traders are succesful and 97% are losers.

If you break up 3% they say 1.5% are breakeven traders they really don't make any progess.
If you master what ARJUN and others are teaching . With sound money management and discpline You will be in the top 1% worldwide.

Just like ARJUN says: In this business you can make money in a second IF you know what your doing.Nothing works if you don't know what you are doing lol
3 traders viewing now