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Another simple system - Time-Frame 15

  • #14,301
  • Nov 15, 2012 11:37pm Nov 15, 2012 11:37pm
Quoting lehin
So much positive energy here!

I finally start seeing something.. a little lol, thanks to all good people here
Please take a look at this chart:

it's CT... possible trade
Mrs V had her first loss this month selling eur CT yesterday (with lots of good reasons) then chickened out of the 100% buy that followed. Oh well.

Anyway moving on EJ topped out yesterday at 17 Sep high when it had a big fall. Could happen again. Personally I like my jpy's to be firmly in trend, prefer EU to be in same direction. CT I'm not touching with a bargepole, happy to wait till next week if move lower confirmed and in trend.
  • #14,302
  • Nov 15, 2012 11:41pm Nov 15, 2012 11:41pm
Quoting Gibril
Hello emmanuel..... you're my great teacher. I look forward answering your question to learn somethin new everyday.

BOUNCE

Note : I put "Scallop" to show bounces for visual purposes. Therefore please bear with me when you see "Scallop" words repeatedly. I'm not good in writting....therefore I use numbering to answer.

1. The scallops and bounces start and end touching an SR level of one kind or another,...
Newbie ha, you are wise beyond your years.
  • #14,303
  • Nov 15, 2012 11:44pm Nov 15, 2012 11:44pm
Quoting Gibril
Hello emmanuel..... you're my great teacher. I look forward answering your question to learn somethin new everyday.

BOUNCE

Note : I put "Scallop" to show bounces for visual purposes. Therefore please bear with me when you see "Scallop" words repeatedly. I'm not good in writting....therefore I use numbering to answer.

1. The scallops and bounces start and end touching an SR level of one kind or another,...

ooh , i might need more info on it...

EDIT: Gibril, please could you post a chart with your explanation above... if its possible, i'd like to fully understand it.
  • #14,304
  • Edited Nov 16, 2012 12:07am Nov 15, 2012 11:49pm | Edited Nov 16, 2012 12:07am
Quoting Vantage
Newbie ha, you are wise beyond your years.
Good morning Sir.....

In 1940s one small country bought a transistor radio from USA. Dismantle it and assmble it into smaller package becoming Walkman.

Then bought Ford car, making it compact and economy becoming Toyota.

Then they bought Rolex from Swiss, making it digital and multi-function becoming Casio

Then came along one boy name Gibril copy it from Master Arjun and his senior gang..... he became COPY KING Traders....lol

Honestly..... I couldn't do this on my own small brain. There is so much I learned and copy from you guy. I even read ALL your posting and making notes of it.

words of warning: Good and Senior Traders watch out because I read and copy your trade set up.............lol

Bless you and have a great trading days ahead.

gibRil
  • #14,305
  • Nov 15, 2012 11:53pm Nov 15, 2012 11:53pm
Quoting lehin
ooh , i might need more info on it...
Your ej chart. Hit a true SR level from 19 Sep, now the traders dilemma do you sell or is this just a bounce lower for further move up?

In the bigger picture it actually doesn't matter. You make your decision based on a trading plan and live with it. Too many failures CT then you study those charts and make a decision CT or not. If it falls like a stone today and its a true trend reversal you smile KNOWING that you can't win them all and there'll be lots of chances next week that are in line with with your plan.

What you don't do is miss a move (we tend to remember the missed moves that worked and forget the fake outs that failed) and then beat yourself up mentally. Make a plan, trade your plan.
  • #14,306
  • Nov 15, 2012 11:55pm Nov 15, 2012 11:55pm
Quoting laud
Hi, could someone comment my trendlines? Is everything correct? What can I add here?
EU H1

Hi laud

One (very good) way of drawing price trendlines is the way emmanuel7788 showed recently.
It can be found here: http://www.forexfactory.com/showthre...40#post6154840
Check out all his posts for great info. In fact, start at page 1 and read the whole thread - great teachings from a bunch of great people.

Axiom
  • #14,307
  • Nov 15, 2012 11:57pm Nov 15, 2012 11:57pm
Quoting Vantage
Mrs V had her first loss this month selling eur CT yesterday (with lots of good reasons) then chickened out of the 100% buy that followed. Oh well.

Anyway moving on EJ topped out yesterday at 17 Sep high when it had a big fall. Could happen again. Personally I like my jpy's to be firmly in trend, prefer EU to be in same direction. CT I'm not touching with a bargepole, happy to wait till next week if move lower confirmed and in trend.
I have loosers this week, but its mostly to my stupidity. I'm learning not to bite every trade
  • #14,308
  • Nov 15, 2012 11:57pm Nov 15, 2012 11:57pm
Quoting Gibril
Hello Ata Ata.......


Those are ONE COMPLETE CHAPTER Post 46 until 55............complete set you will never get lost ( or LOSS) with this system.

FYI....... i copy those SET UP from Master Arjun......I'm too dumb to create such a system......lol

Imi = CT King

X-Man = Sniper King

Emmanuel = Precision King

Pip26 = Swift King

Ciara = Pips Princess

Gibril ( thats me ) = Copy King.......lol

Hi Gibril,


Gibril = Copy king

Yes you are Copy king but in different way -
Teaching others to " how to do copy "of one of the best and clear forex system in the world. Which is most difficult thing.
What i understand from your posts/ tutorials you want to laydown or write the process which can be useful less intelegent or normal persons like me , if they simply follow your process 1,2,3,4,5....

As per me any perosn can understand some thing easly but making undetand same thing to others is most difficult part, which you are doing here my brother .

Pls excuse, my english)
  • #14,309
  • Nov 15, 2012 11:59pm Nov 15, 2012 11:59pm
Quoting Trader330
Davit You open your heart and pass everything you know to us .I appreciate the posts, knowledge desire and honesty. I believe your abilities as an artist combined with your desire will make you an exceptional trader. About losing........I have been losing for a long time. But I also know that I am improving and learning and moving forward.I also know you are moving forward also by gaining knowledge everyday. It takes time to put that knowledge into trading profits in a disciplined way.....
Trader 330 Thanks for warm support.These last few days reminded me to respect the markets and listen to it.
Regards Davit

Awakening (interesting name I like it)
Thank you for heads up on reading and complying to the system.
Quoting Gibril
Hello Davit,

I was once in that situation, then i realise that one of the most difficult things I have to come to terms with as traders, is to be honest about my current situation.

Once we can do that, then comes acknowledgment, acceptance (responsibility), and then hopefully a course correction.

It was rough at first as I constantly made mistake after mistake after mistake, but over time I found myself making less and less.

After a four months of sticking with Arjun approach I could feel myself slowly improving and becoming a more efficient...
You are correct I have to stick with the system as it laid out.Thanks for warm encouragement.I am humbled.
Regards Davit

Quoting loveevery1
No one has posted more negative trades than me...lol....we all fall for it one day....lol...keep up the spirits my brother...Take care of Arvan...
Thank you Arjun for inspiration.I got much work ahead.
Thanks for remembering Arvan.Same love back to your family.
In trading, you have to be defensive and aggressive at the same time
  • #14,310
  • Nov 16, 2012 12:01am Nov 16, 2012 12:01am
Quoting Gibril
Good morning Sir.....

In 1940s one small country bought a transistor radio from USA. Dismantle it and assmble it into smaller package becoming Walkman.

Then bought Ford car, making it compact and economy becoming Toyota.

Then came one boy name Gibril copy it from Master Arjun and his senior gang..... they became COPY KING Traders....lol

Honestly..... I couldn't do this on my own small brain. There is so much I learned and copy from you guy. I even read ALL your posting and making notes of it.

words...
[b][color=red]it is called "Re-Engineering" ...and people make good use of their brains to do that.

we do not need to re-invent the wheel.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #14,311
  • Nov 16, 2012 12:02am Nov 16, 2012 12:02am

Good morning dear Brothers and Sisters,

I haven’t been trading and visiting thread for more than one week (because on my regular job) and just couple of days ago, when I came to the thread I saw that it went to another 30+ pages…

Then I started to read and finished only yesterday… I’ve read all those posts that have been extracted from the thread and was shocked with the fact that somebody was trying to “sell or was trying to discourage and disorganize” the thread… it is really frustrating….

I do really want to thank BROTHER ARJUN for doing and saying so many priceless and encouraging words and things… THANK YOU!!!!....and thank you ALL guys here!!!!!!

Regards,
Roman.
  • #14,312
  • Nov 16, 2012 12:11am Nov 16, 2012 12:11am
Quoting lehin
So much positive energy here!

I finally start seeing something.. a little lol, thanks to all good people here
Please take a look at this chart:

it's CT... possible trade

support behind this trade:

1) PA at resistance top and has bounced fast from top resistance. Good to see from HTF.
2) Divergence on 1hr tf
..looking for entry
3) Pop gun pattern on 15 mins, chart.
3) Arjun candle
4) PA bounce of 10 ema

i know its not LO... but i'd like to risk, looking at PA at same time for last couple weeks

Please if I this is wrong set up, yell at me and I'll delete this post. I'm trying to learn
  • #14,313
  • Edited 12:59am Nov 16, 2012 12:16am | Edited 12:59am
Hi senior traders

i am a new learner here and see my Trade +15 pip. This was a Counter Trade and TP was retrachement up to 61.8 fib with
TDI conrmation .
Retachement of previous day US sesson happens in next day asian sesson.

Please have experts comments
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY-20121116.JPG Size: 90 KB
  • #14,314
  • Nov 16, 2012 12:16am Nov 16, 2012 12:16am
Quoting Gibril
Hello Ata Ata.......


Those are ONE COMPLETE CHAPTER Post 46 until 55............complete set you will never get lost ( or LOSS) with this system.

FYI....... i copy those SET UP from Master Arjun......I'm too dumb to create such a system......lol

Imi = CT King

X-Man = Sniper King

Emmanuel = Precision King

Pip26 = Swift King

Ciara = Pips Princess

Gibril ( thats me ) = Copy King.......lol
me ... Precision King...

To all my Kings... where is King Kong?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #14,315
  • Nov 16, 2012 12:17am Nov 16, 2012 12:17am
Quoting laud
Hi, could someone comment my trendlines? Is everything correct? What can I add here?

EU H1
Your inner trend lines are incorrect.Your outer correct.Basically you got a inner channel within greater trend-lines.You can't draw new trend lines every time Price hits greater TL.To see what I mean look some charts on Andrews pitchfork.I am a visual person and I like TL's but its not necessary to trade Arjun method.
http://www.forexfactory.com/attachme...2&d=1205956741
http://www.onlinetradingconcepts.com...tchforkSPY.gif

http://www.forexfactory.com/attachme...4&d=1353024320
In trading, you have to be defensive and aggressive at the same time
  • #14,316
  • Nov 16, 2012 12:29am Nov 16, 2012 12:29am
A simple confluence entry (late in entry).

However, price may hit the support area.
Always look left for major support.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.png Size: 39 KB
  • #14,317
  • Nov 16, 2012 12:29am Nov 16, 2012 12:29am
Quoting lehin
I read LE1 post today about bounce... it solved another puzzle in my head. its in Post 3,246. Its hard to add anything to it for newbie.
this chart example is a good one:

http://www.forexfactory.com/attachme...1&d=1341033287
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #14,318
  • Nov 16, 2012 12:29am Nov 16, 2012 12:29am
Quoting mkfx
Hi senior traders

i am a new learner here and see my Trade +15 pip. Ti was Counter Trade and TP was rerachement up to 61.8 fib.
TDI conrmation .
Retachement of previous day US sesson happens in next day asian sesson.

Please have experts comments

Hello.......

please trim your chart.........

There is good people as well as bad people.

Once trimmed, re-post it back.

You don't want to expose so much on your account.

Sincerely

Gibril
  • #14,319
  • Nov 16, 2012 12:30am Nov 16, 2012 12:30am
Quoting orko_555

Good morning dear Brothers and Sisters,




[left]I haven’t been trading and visiting thread for more than one week (because on my regular job) and just couple of days ago, when I came to the thread I saw that it went to another 30+ pages…


[font=Calibri]Then I started to read and finished only yesterday… I’ve read all those posts that have been extracted from the thread and was shocked with the fact that somebody was trying to “sell or was trying to discourage and...

Nevertheless the life is still going on … and thread grows as well… and I want just to tell you guys about emotions….

What is emotion???

  • #14,320
  • Nov 16, 2012 12:30am Nov 16, 2012 12:30am
Quoting Gibril
Short Note for me to share my trading secret . . .......


1. Most of the time, my BEST POSITION is to do nothing.

2. If I see a trade that does not meet Arjun method and rules, I do nothing.

3. I am a trend trader and when I see a counter trend set-up, I do nothing. ( maybe i will learn this in future.....i don't know)

4. Once I enter the market and have set the stops and profit targets, from there, I walk away and [color=red]do...
Excellent post! In fact trading requires DO NOTHING most of the time. If one newbie will counts how many hours spends in front of pc and how the results are, the only one conclusion would be "I WOULD BETTER HAVE DONE NOTHING ALL THIS TIME". I can not tell how many bad days I had trading with itchy fingers and small brain! Countless!

And this small brain works better and better after sticking to brother Arjun thread. Still more work to do until good control. I like something I read on Gibril Journal first page:

Quoting Gibril

We have to learn to take our trades dispasisonately, not get "hurt" or upset when the market lies to us according to "our" strategy, whatever strategy that may be. It's never personal and no one "out there" in the market, not the traders, not the borkers, not the banks, no one even cares about our tiny little trade, even if its a ten million dollar trade.
Let the passion behind!... i tell myself everyday. Passion lead to clouded mind. Passion it is an IMPULSE. I couldn't see what's good or wrong, because my mind wasn't functioning properly. Then, when acting with itchy fingers i found myself searching for that kind of passion. Most of the time this passion raised my blood pressure for nothing useful, for nothing significant. It was a kind of addiction, a circular move that kept me trapped in.

Now with small and steady steps I go upstairs. I do not hurry, because I can get hurt. Better, DO NOTHING than act passionately! Thank you Gibril for putting all these words together!

Have a nice trading day to all!
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