Another simple system - Time-Frame 15 | Page 781 | 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

  • #15,601
  • Nov 26, 2012 3:00am Nov 26, 2012 3:00am
this kind of trades is killing me! entered long eur/usd on these pinbars to get stopped out. not sure how to avoid these... audusd was something similar but there was more resistance in a way.
anybody else took the same trade? any comments appreciated!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 24 november eurusd.gif Size: 24 KB
Click to Enlarge Name: 24 november audusd.gif Size: 28 KB
  • #15,602
  • Nov 26, 2012 3:04am Nov 26, 2012 3:04am
Quoting Gibril
Hello pshark68,

Thank you for your question.

In fact the answer was GIVEN in POST # 15,576 in this thread by Master Arjun. It may sound like riddle....but look carefully ( he got different pairs, but I use the same LOGIC as he used.....follow the Master, you will never lost)

Anyway...for learning purposes, Im posting HTF chart for you to make up at least THREE (3) reason why that is the most likely place for TP. When you post the...

Hi Brother giBril,

I manage to find only 2 reasons why the TP there not sure that is the correct answer.

1. Price likes to go back where it has been before.
In this case the previous Resistance, which you have drawn a line.

2. EMA50 on H1 is the dynamic support, price need bounce up or break through to go down.


Still learning
PShark
  • #15,603
  • Nov 26, 2012 3:04am Nov 26, 2012 3:04am
Quoting tonny47
this kind of trades is killing me! entered long eur/usd on these pinbars to get stopped out. not sure how to avoid these... audusd was something similar but there was more resistance in a way.
anybody else took the same trade? any comments appreciated!
I took the same trade. It was a late entry but seemed a correct set-up to me. I just moved the sl a bit lower as 50 is the RN. I don't if I did the right tthing. Can't comment much as I am a newbie. maybe the market is going sideways after the long stride on Friday.
  • #15,604
  • Nov 26, 2012 3:05am Nov 26, 2012 3:05am
EJ Divergence on H4
and
spot an entry on 15min. Using 10ema
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ejh4.png Size: 44 KB
Click to Enlarge Name: ejm15.png Size: 51 KB
  • #15,605
  • Nov 26, 2012 3:09am Nov 26, 2012 3:09am
Hey brother Pip26 HAPPY BIRTHDAY to you man.
  • #15,606
  • Nov 26, 2012 3:10am Nov 26, 2012 3:10am
Here's Arjun candle
Attached Image (click to enlarge)
Click to Enlarge Name: ej lon.gif Size: 43 KB
  • #15,607
  • Nov 26, 2012 3:10am Nov 26, 2012 3:10am
Quoting bulent
Hello Davit,
I am new and read basic rule. but ı cant find CT rule could you please help me for this?
Best regards.
Bülent
Arjun's basic method is to trade AWAY from 200EMA so any trade going Towards it is considered CT trade.
In the beginning I would suggest you stick to this but once you get experienced then you could take CT trades.They are lot riskier so not recommended for Newbies.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #15,608
  • Nov 26, 2012 3:11am Nov 26, 2012 3:11am
EUR/USD: +19
GBP/USD: b/e
GBP/JPY: +25
GBP/JPY: +29
AUD/JPY: +13

euro & cable - TL break and close above 50ema & 10ema

gbp/jpy & aud/jpy - range trades between 50ema & 200ema (narrow range, lower bias on HTF)

gbp/jpy - 200ema break and retest trade as usual!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 26nov2012_gu_eu.jpg Size: 159 KB
Click to Enlarge Name: 26nov2012_gj_aj.jpg Size: 162 KB
  • #15,609
  • Nov 26, 2012 3:12am Nov 26, 2012 3:12am
Quoting tonny47
this kind of trades is killing me! entered long eur/usd on these pinbars to get stopped out. not sure how to avoid these... audusd was something similar but there was more resistance in a way.
anybody else took the same trade? any comments appreciated!
Hi Tony,

I'am noob here, but please take a look at 4H chart... You was buying on resistance, I think that why your Sl was hit...


Arunas
  • #15,610
  • Nov 26, 2012 3:13am Nov 26, 2012 3:13am
Quoting Gibril
QUESTION : WHAT TIME FRAME LIMITATION ARJUN's METHOD HAD ?

for learning purposes, I'm posting THREE (3) different pairs with THREE (3) different time frame of which I traded according to Master Arjun's Basic method.

By ignoring the time, using his simple set up, taking trades following the rules with SL less than 18 pips, I still believe this method worked.

Here's the Chart......just by looking at these charts ( don't cheat lah...don't look at your chart ok)....Can you basically tell the TF of each pairs ?

Here's...

No brother giBril, I can not determine what are their TF's as all look alike.

But I do understand one thing that Master Arjun's Basic Method works on all TF (except M1 and M5).

Thank you.
  • #15,611
  • Edited 3:16am Nov 26, 2012 3:15am | Edited 3:16am
GJ adr plays.. 1st trade, 200 EMA breaktrough and test, safe entry below RN, target ADRlow..reached (premature exit..lol)
Waiting for potential ADR trade #2, CT this time...ADR breached..RN..bounce..target ADRL..lets see if we get there..
Chart below, entries based on M15, charts M5 for zoom-in purposes only.


Ciara
Attached Image (click to enlarge)
Click to Enlarge Name: 20121126GJadr.png Size: 17 KB
Ideas shape the course of history
  • #15,612
  • Nov 26, 2012 3:15am Nov 26, 2012 3:15am
Quoting Davit
Arjun's basic method is to trade AWAY from 200EMA so any trade going Towards it is considered CT trade.
In the beginning I would suggest you stick to this but once you get experienced then you could take CT trades.They are lot riskier so not recommended for Newbies.
Regards
Thank you maybe you will explain after.
Bülent.
  • #15,613
  • Nov 26, 2012 3:17am Nov 26, 2012 3:17am
Quoting tonny47
this kind of trades is killing me! entered long eur/usd on these pinbars to get stopped out. not sure how to avoid these... audusd was something similar but there was more resistance in a way.
anybody else took the same trade? any comments appreciated!
Trading is all about Timing.You took the trade without waiting for confirmation of London open.
Be mindful of fundamentals.News!
Have a ritual before starting the trade day go over pairs that are relevent

News Fundies
Momentum
Sentiment
Volume (holiday week?End of week? end of month? Profit taking? )
Technicals- trend lines, S/R,Pivots
Arjun method

Train your mind to see the bigger picture before zooming in.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #15,614
  • Nov 26, 2012 3:20am Nov 26, 2012 3:20am
Quoting Gibril
Hello pshark68,

Thank you for your question.

In fact the answer was GIVEN in POST # 15,576 in this thread by Master Arjun. It may sound like riddle....but look carefully ( he got different pairs, but I use the same LOGIC as he used.....follow the Master, you will never lost)

Anyway...for learning purposes, Im posting HTF chart for you to make up at least THREE (3) reason why that is the most likely place for TP. When you post the...
Hi Gibril,

When is your website going to be available?
  • #15,615
  • Nov 26, 2012 3:22am Nov 26, 2012 3:22am
Quoting Ciara
GJ adr plays.. 1st trade, 200 EMA breaktrough and test, safe entry below RN, target ADRlow..reached (premature exit..lol)
Waiting for potential ADR trade #2, CT this time...ADR breached..RN..bounce..target ADRL..lets see if we get there..
Chart below, entries based on M15, charts M5 for zoom-in purposes only.


Ciara
how do you know if your ADR is correct ADR
Just curious
In trading, you have to be defensive and aggressive at the same time
  • #15,616
  • Nov 26, 2012 3:25am Nov 26, 2012 3:25am
Quoting tonny47
this kind of trades is killing me! entered long eur/usd on these pinbars to get stopped out. not sure how to avoid these... audusd was something similar but there was more resistance in a way.
anybody else took the same trade? any comments appreciated!
I wanted someone to post this trade....thankfully you did....

Now answer why it dint work?
Let all the living things live blissfully
  • #15,617
  • Nov 26, 2012 3:26am Nov 26, 2012 3:26am
Mr Arjun, are you writing the eur movements today by yourself?
it follows your command completely!
If ask a silly question.. forgive me!i'm just confused again!
  • #15,618
  • Nov 26, 2012 3:35am Nov 26, 2012 3:35am
Quoting loveevery1
I wanted someone to post this trade....thankfully you did....

Now answer why it dint work?
it it....

RN resistance at 12975 and all the reasons this morning posts by vantage and other stated.

( fib previous day and 4h bull candle (at 14.00 gmt on my charts) , euro news comming, banks filling orders and of course the asia session low magnet)

hope answer is somewhere in here.
If ask a silly question.. forgive me!i'm just confused again!
  • #15,619
  • Nov 26, 2012 3:36am Nov 26, 2012 3:36am
Quoting Davit
how do you know if your ADR is correct ADR
Just curious
Brother davit....i understand what u are saying my brother....ADR is different slightly coz of different brother timing.its just a guideline to take a trade...we will not be able to tell the price will reverse at that exact same point with just ADR alone....

we need some other things like RN/HTF EMA or HTF PIN(wick) or something like that....hope i have explained to an extent...and that why i split my usual lot to several chunks for the ADR entry,.....lol

Stay blessed
Let all the living things live blissfully
  • #15,620
  • Nov 26, 2012 3:37am Nov 26, 2012 3:37am
SECRET OF THINKING

Most other thread anywhere will "teach you" and you will "learn" from their method. They are prime examples of "Thinking Outside the Box"

This is the only thread that really make you "think" by using 'logic" with minimum indicators to "guide" you. Arjun method is prime example of " Instead of thinking outside the box, get rid of the box " lol.............

Series of extracted posting below showing you how to "think" when two Great person react to each other.....all you have to do..is to "think" and just follow it,,,,,,,,even those Set up said somewhere in August....it just repeat with the same set up today.........

Unless you've been SPEED reading this thread trying to catch up.....you will not get any benefit from it. All the secret is twisted in this thread.....just keep on looking for it.......( i had never got a chance to finish skool, I need to read at least 3 times to read each post to understand it....coz i'm dumb...lol)

Last Picture is what I see from Master Arjun's Method.

I'm here to learn somethin new everyday and happy if you could help lovebees like me to become good trader....

Thank You for reading this.

That's all from me today....Regarding answers to other questions..Matbe some other Senior will help to answer...I'm still lovebees and learning from all of you here.


Humbly

giBriL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Learn No. 1.gif Size: 69 KB
Click to Enlarge Name: Learn No. 2.gif Size: 149 KB
Click to Enlarge Name: Learn No. 4.gif Size: 63 KB
Click to Enlarge Name: Learn No. 3.gif Size: 45 KB
Click to Enlarge Name: Learn No. 5.gif Size: 73 KB
Attached Image
24 traders viewing now