Good morning and happy holiday guys.Normal LE1 set up.EU +13 & EJ +13
Another simple system - Time-Frame 15
- #13,843
- Nov 12, 2012 7:38pm Nov 12, 2012 7:38pm
- Joined Feb 2012 | Status: Trader | 3,108 Posts
Let all the living things live blissfully
- #13,844
- Nov 12, 2012 7:46pm Nov 12, 2012 7:46pm
Good morning everyone and love to u all.
Just want to share my point of view for GBP/USD from H1, Daily and Weekly TF (stealing sometime to check chart before Boss comes to the office
).
I will watch closely using this system on M15 when the price gets on these trendlines and support level. Hopefully the market will make good momentum today as US come back from its holiday so we have space to pick some pips from the market.
will continue last reading of this thread on my free time until FO/LO (
still on page 115). Take care everyone!
Ah BTW.. forgot this one
Happy Diwali Day Mr Arjun. God bless you and your family ! 
Just want to share my point of view for GBP/USD from H1, Daily and Weekly TF (stealing sometime to check chart before Boss comes to the office
). I will watch closely using this system on M15 when the price gets on these trendlines and support level. Hopefully the market will make good momentum today as US come back from its holiday so we have space to pick some pips from the market.
will continue last reading of this thread on my free time until FO/LO (
still on page 115). Take care everyone!Ah BTW.. forgot this one
Today is Light festival....The Diwali for us....But im checking the forum....Now you know how determine i am....Got to Run....folks...
take care and GOD bless
- #13,846
- Nov 12, 2012 8:01pm Nov 12, 2012 8:01pm
- | Joined Jul 2011 | Status: Trader | 1,154 Posts
Thank you Brother .... also Thanks to everyone else who wishes Happy Diwali ....
A very Happy Diwali to everyone and prosperous year ahead !!!
A very Happy Diwali to everyone and prosperous year ahead !!!
Happy Diwali to my friends in India, Sri Lanka, Nepal, Myanmar, Mauritius, Guyana, Trinidad & Tobago, Suriname, Malaysia, Singapore, Fiji and wherever else you are right now celebrating it.
Hope you enjoy these days a lot my brothers and sisters from around the world.
Peace and love
Steph
http://d24w6bsrhbeh9d.cloudfront.net...15036_700b.jpg
If you want your dreams to come true, you better wake up !!!
Hi Guys, may I know which one is the latest template? I wish to have the updated version to keep up with u guys. Please share. Thank you..
Welcome to the thread
This is the indicators that go with the template: http://www.forexfactory.com/showthre...59#post5438559.. you could just attach the round numbers and TDI for now if you want and use normal price bars..
This is the template: http://www.forexfactory.com/showthre...77#post5438577 ....you can change the colors to suit your taste..
As this is your first post in Forex Factory I'm not sure of your trade experience but it is best that you read through the whole thread...I know long thread but it is well worth it as you will see Loveevery1(Arjun) is building a trader from start to finish and it may be best to follow the steps if being a beginner trader as really all you need in trading is all in this thread and if you stick with the methods and test and apply them you will be a success..
Also please give input to the thread...this is a family here with every one helping each other no matter how small your input you could be helping someone along the way maybe not today but in the future when they see your input..
All the best with your trading
Cheers,
Adrian
- #13,848
- Nov 12, 2012 8:25pm Nov 12, 2012 8:25pm
- Joined Dec 2010 | Status: Trader | 1,152 Posts
Look at this guys. On every time frame. Look at the power of the 10 ema. I couldn't even draw enough arrows on the 15 min chart lol. Thank you master Arjun 
What is any ocean but a multitude of drops?
- #13,849
- Nov 12, 2012 10:00pm Nov 12, 2012 10:00pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #13,850
- Nov 12, 2012 10:36pm Nov 12, 2012 10:36pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #13,851
- Nov 12, 2012 10:50pm Nov 12, 2012 10:50pm
There was an answer.Re-posting it.
I have MBtrading and I am very happy with them.Scalping ok and fast execution.Spread is fine.I also have experimental account *(real money)Oanda
and found them dishonest....
Few times I noticed enormous spikes on Oanda but not in MB trading charts which leads me to believe Oanda actively manipulates their charts to take out stops.
In conclusion go with MBtrading unless you can find better deal.At MB its free stops ECN no commission just spread.
Hello Davit,
Thank you for advise. I'm trying demo account with MBtrading since yesterday.
For beginners I find MACD 0 (when signal, MA and histograph are seating flat on O) line to be great tool to recognize when PA is in range mode.Often losses occur during range times which is 70% of times.By just avoiding these times when price is ranging you are actually saving money by not entering.
When I started I wanted to be in the "action" and lost 50% of my account in 4months.That is when the brick hit me in the head and I pulled the plug and totally rewired my brain.
Take a subject of importance and study every week.Take it seriously...
No problems Davit
Hence I found myself de-indicator myself more, more.
When I first got started, I learnt the wrong way. (I believe many new traders started off this way)
I was more focus on indicators, as traders with their systems showed off their fancy indicators rather than looking at chart at Price Action (the ball).
It got to a point, I started to believe: "If I don't have this indicator I can't trade" or "I don't have the edge."
What LE1 (Arjun) has cleverly done), he has got us to focus on Price Action rather than indicators. Hence the template on the first few pages don't resemble anything we see now.
Price Action Includes the following:
1) Candle Stick formation
2) Trendlines (Major and minor)
3) Support and Resistance
4) Price Patterns
Start here
http://www.babypips.com/school/
Hence the template for newbies is quite simple now. (10, 50, 200 & 800 ema)
Pat Chiko (senior trader here) quotes Einstein
"Everything should be made as simple as possible, but not simpler"
Gibril (Arjun's brightest student) sums it up here at post 808
http://www.forexfactory.com/showthre...74#post6072274
He doesn't even use or know how to use TDI, yet he is an excellent trader.
Our Master Arjun always says Price is King.
However some traders choose TDI or Macd to identify divergence.
For any newbies to this system, please read the first 100-200 posts and back test it. I know its a bit hard work (no pain no gain), but you'll start to understand how the senior trades. As you get know more about PA, you start exploring how some the trader use Fibs, Channels, Andrew's Pitchfolk.
Just start off with the very basic first (walk be for you run), and build up from there.
To our Hindu tradersL Happy Diwali
- #13,857
- Nov 12, 2012 11:52pm Nov 12, 2012 11:52pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
No problems Davit
Hence I found myself de-indicator myself more, more.
When I first got started, I learnt the wrong way. (I believe many new traders started off this way)
I was more focus on indicators, as traders with their systems showed off their fancy indicators rather than looking at chart at Price Action (the ball).
It got to a point, I started to believe: "If I don't have this indicator I can't trade" or "I don't have the edge."
Thanks for nice reply.
As a footnote I am impressed by the persistence of AU hanging on to 40 while her sister was thrown over the cliff AJ. What a stubborn pair AU that is.
In trading, you have to be defensive and aggressive at the same time
- #13,858
- Nov 13, 2012 12:28am Nov 13, 2012 12:28am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #13,860
- Edited 1:00am Nov 13, 2012 12:40am | Edited 1:00am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time