Another simple system - Time-Frame 15 | Page 704 | 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

  • #14,061
  • Nov 14, 2012 11:52am Nov 14, 2012 11:52am
G/J adr + next RN entry +20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Greenshot_2012-11-14_10-53-19gjm15.png Size: 19 KB
If you're going through hell, keep going. Winston Churchill
  • #14,062
  • Nov 14, 2012 11:58am Nov 14, 2012 11:58am
Quoting RevarK
Guys, is this the same candle like Arjun show us?
I just want to know...
EJ M15
Hi mate,

Yeah same candle to me. I saw it develop but stayed out due to few factors -

Pause at RN
ADR
1hr 800ema
4hr - see resistance right above (though enough gap for a small scalp)

Supporting factor was that it broke above the daily 10ema

Of course Arjun candle and that setup works - he says you can risk 5% (so i guess we shouldnt think too much, lol) - and it worked perfectly!!!
Attached Image (click to enlarge)
Click to Enlarge Name: ej_q.jpg Size: 204 KB
  • #14,063
  • Nov 14, 2012 12:19pm Nov 14, 2012 12:19pm
Quoting emmanuel7788
you learned well jordfx. LOL.
but that was not scoffing at you. you took that wrongly.
LOL! I certainly learned well! You've been an amazing teacher!
  • #14,064
  • Nov 14, 2012 12:30pm Nov 14, 2012 12:30pm
Nice~

Quoting stevepatt
I took the same trade, way it goes sometimes, got in again after the second 15m PB.

Haven't been trading much recently because of family issues but might be able to contribute a bit more know.
  • #14,065
  • Nov 14, 2012 1:22pm Nov 14, 2012 1:22pm
Quoting Arunaz
I had one small "grab and run" this morning
Arunaz,

I like the "HL, LL, LH, HH" indicator on your chart.
Post #14155 - http://www.forexfactory.com/showthre...66#post6192966

Can you (or anyone that has this indicator) post it here?

Thanks in advance!!!
  • #14,066
  • Nov 14, 2012 1:30pm Nov 14, 2012 1:30pm
Quoting kokopelli
Arunaz,

I like the "HL, LL, LH, HH" indicator on your chart.
Post #14155 - http://www.forexfactory.com/showthre...66#post6192966

Can you (or anyone that has this indicator) post it here?

Thanks in advance!!!
Hi Kokopelli,

sure no problems. Also I think it's available in attachments of this thread

Arunas
Attached File(s)
File Type: ex4 HHHLLHLL.ex4   4 KB | 468 downloads
  • #14,067
  • Nov 14, 2012 1:33pm Nov 14, 2012 1:33pm
Quoting Imi
G/J adr + next RN entry +20 pips
Hahaha bro, i was waiting for you to post it!
Well done!

Not trading the next days as I'm covered in uni works.

Good luck everyone
Peace and love
Steph
  • #14,068
  • Nov 14, 2012 1:43pm Nov 14, 2012 1:43pm
Audcad h1, ct trade. +21
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 26 KB
  • #14,069
  • Nov 14, 2012 1:50pm Nov 14, 2012 1:50pm
Missed CT Aussie trade.

(Higher risk as 15min 200ema was close but good confluence for short - one for the folder)
Attached Image (click to enlarge)
Click to Enlarge Name: 14nov2012_au.jpg Size: 232 KB
  • #14,070
  • Nov 14, 2012 2:00pm Nov 14, 2012 2:00pm
Quoting Arunaz
Hi Kokopelli,

sure no problems. Also I think it's available in attachments of this thread

Arunas
Aha, good man!!!
Much appreciated!!!
  • #14,071
  • Nov 14, 2012 3:03pm Nov 14, 2012 3:03pm
Hello my name is Dion. I am looking for mentor to help me with me Understand Forex a little bit better. I really liked what you said about making ten pips a day and minimizing losses, so I was just wondering if you can help me with a walk-through of your system. I tried to apply the indicators that you listed and I'm having trouble. I'm using FXCM platform so I'm not sure if that's reason why I'm having trouble.
  • #14,072
  • Nov 14, 2012 3:26pm Nov 14, 2012 3:26pm
Quoting jordfx
Audcad h1, ct trade. +21
Nice one mate, good spot....

just something i noted from going through the history of the thread and also chart observation... look at the 2nd red bar to the right after the green bar...look at the close of that bar and open of next bar (slight retrace to the 10ema) - the 10ema sloping down - better confirmation? (mate not saying anything against your trade at all - just something to look out for). This is something i look at unless there is a clear 'arjun candle' - pin bar....
  • #14,073
  • Nov 14, 2012 3:52pm Nov 14, 2012 3:52pm
Quoting aryary
Nice one mate, good spot....

just something i noted from going through the history of the thread and also chart observation... look at the 2nd red bar to the right after the green bar...look at the close of that bar and open of next bar (slight retrace to the 10ema) - the 10ema sloping down - better confirmation? (mate not saying anything against your trade at all - just something to look out for). This is something i look at unless there is a clear 'arjun candle' - pin bar....
Agreed. That would certainly have been a more confirmed entry wouldn't it? In retrospect! Thing is when making the trading decisions, you don't have the benefit of 'seeing' the next 3-4 candles. Many times too that retrace and continuation never occurs and price just pushes on and does it's thing. Look at the previous 5 candles. I didn't see any mind of buyers interested in making a point after the break of that Trend Line. In any case it looked a good R:R trade at the time with no support between entry and TP which was the previous week high.
Thanks for the heads up anyway. I'm still learning!
  • #14,074
  • Nov 14, 2012 4:14pm Nov 14, 2012 4:14pm
Quoting Imi
G/J adr + next RN entry +20 pips
I knew you'd be on this one. Took it as well for 30.
What is any ocean but a multitude of drops?
  • #14,075
  • Nov 14, 2012 4:50pm Nov 14, 2012 4:50pm
Dear emmanuel7788,

have you found a new exercise for the week-end?

  • #14,076
  • Nov 14, 2012 5:06pm Nov 14, 2012 5:06pm
Quoting ForexNerds
Another document I found when browsing forums (A guy named Piters uploaded it couple of years ago - thank you, sir). A must-read as it addresses the topic of mental fitness, which we are currently trying to tackle in this thread. There are many important aspects discussed in an honest and funny way.

You can neglect the last page coming with the document, as it is not a part of sharing....

Anyway, the rest of the document exposed few week points that I need to get rid off. Hopefully some of you will find something that can improve your trading!

Enjoy!...
This is fantastic FN. Thanks for sharing. Everyone should read this.
What is any ocean but a multitude of drops?
  • #14,077
  • Nov 14, 2012 6:08pm Nov 14, 2012 6:08pm
Quoting smarco
Dear emmanuel7788,

have you found a new exercise for the week-end?

hello smarco,

I will prepare one specially for you my dear.

For others newbies here, please ask some questions or share with us here what are your difficulties in trading this simple method. I will then prepare some exercise for you to do.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #14,078
  • Nov 14, 2012 6:10pm Nov 14, 2012 6:10pm


I have to read it few more times so it settles in there!

Quoting Xhale12
This is fantastic FN. Thanks for sharing. Everyone should read this.
  • #14,079
  • Nov 14, 2012 7:03pm Nov 14, 2012 7:03pm
Bounce at RN.
ImIs favorite trade(if its right entry)
(Due to high spread, looks funny / nter at RN exit at+10)

*Please collect me if i'm wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-1.jpg Size: 83 KB
  • #14,080
  • Nov 14, 2012 7:49pm Nov 14, 2012 7:49pm
Quoting emmanuel7788
Train your eyes:
Its late response to your post Emmanuel lol, better something than sorry. I was too busy with with my daily work.
Here we go.

1. The highlighted area looks like Breakaway Candlestick on 1hr
2. 3 hrs later PA test RN and go south
3. There is no close support to the left
4. 10, 200, 800 emas are all above
5. TDI confirms

I can see pop gun pattern as well, but when i switch to 30min or 1hr chart, it shows me different pattern... Maybe because of my broker time difference? I start thinking that if I train my eye to see patterns through combinations of those candlesticks, and won't use my broker timing exactly, it will give me more information. Please comment on my thoughts, I hope you understand what I mean...

Please let me know if I'm missing something as well.

Be blessed!
4 traders viewing now