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Another simple system - Time-Frame 15

  • #16,061
  • Nov 29, 2012 12:21am Nov 29, 2012 12:21am
Quoting zander2034
Lovebees recently there has been a lot of CTs that the seniors have been posting. This is beyond us AT THIS TIME, leave it for them as it is to risky for us and just a fast way to lose a lot of pips. Master the simple method first before moving on.

There has been oppurtunities for us to make pips using the simple method so please dont be tempted to try and run before you can walk. The market was giving pips away last week but we need to be slightly more patient this week and know that we are not going to get 30 pips per...
Dear Zander,

thank you for your words,very useful for many of us.
It's obvious that seing experts here taking CT easily is tempting...

Thanks again !
peace
dom
  • #16,062
  • Nov 29, 2012 12:21am Nov 29, 2012 12:21am
Morning everyone.
Sorry fall aspeel at 2 a.m
I guess trying to have too many irons in the fire has me a night owl. I must get things organized before they get out of hand.
But what I know for sure is I do not wanna lose the track of this thread more than this. Otherwise I can never catch up.

Thanks to King and kind members,
I have learned more from you guys in the past 2 weeks than 2.5 year I spent hanging around forex.
I really appreciate your help and try to answer your comments in a min.

  • #16,063
  • Nov 29, 2012 12:32am Nov 29, 2012 12:32am
Quoting pkimnyc
no one can give you that answer. you have to make a decision which tf you would consider as trend. there's no right or wrong.

beautiful bottom entry at ny session, btw.

Thanks pkimnyc. I appreciate your experienced ideas.

Yeah, I understand that I should finally take full responsibility for my trading but I am trying to polish the disorganized info I ve got about the market. I guess the HTF is more important but it depends on the TF we trade in too. Lots of up and downs occur in lower 15 min TF which is not seen in HTF and can easily take a trade out with tight sl, am I right?

Am I right?
Quoting pkimnyc
i don't know about your top entry, but i would hold the bottom entry to 3100ish area (3125 to be exact) as long as the current 4hr bar doesn't finish red. personally that is..
I missed EU entry. It looked even better. I entered only GU. So you probably mean 1.6100 area. I am still holding but price stuck in 1.6115 area.

  • #16,064
  • Nov 29, 2012 12:36am Nov 29, 2012 12:36am
Quoting jordfx
Don't attempt to map out the way for price. Let price map out the way for you. Always wait for price action to show you the way. Does that make sense?
Thanks jordfx for your support. Yeah that makes sense.
I will try not to predict the movement but go to with flow and enter at the right time.
You know psychological conditioning is more difficult than what it seems.

  • #16,065
  • Nov 29, 2012 12:38am Nov 29, 2012 12:38am
Touch the 10 ema and go up in this case we are in a short trend but the price reverse and go to close above 200 ema, this is the problem


At the point 3 is a retrace and we go long or was a pull back and we return short?
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  • #16,066
  • Nov 29, 2012 12:54am Nov 29, 2012 12:54am
Quoting Gibril
emmanuel7788

Sir,

Big Thank you for letting me learn your POP GUN.

I managed to translate it into action.

Attached the chart where trade taken from ( I was late by one day.....as I'm very Conservative and safe traders).

Again..........thank you for what you've done to noob like me...You won't regret coz everything you teach will be made useful by this lovebees ( I'm still learning to become good...
I know this post is a bit old (at least for this threads standards lol), but I am still catching up on posts due to my absence last week.

First off, awesome trades Gibril. My question is about the popgun that I still don't fully know how to use. In this instance wouldn't it be a bearish popgun considering the third candle is a BEOB?
What is any ocean but a multitude of drops?
  • #16,067
  • Nov 29, 2012 12:58am Nov 29, 2012 12:58am
Quoting Ciara
LOL, to be a good person. To help other people. To share knowledge and the profit to the ones who need it. To be patient and to concentrate. To love every one.

For the rest u gotta read the Thread.

http://www.youtube.com/watch?v=XRtuD...eature=related

God bless every one,

and thank u brother Arjun for sharing your love!

Ciara
Very nice buddy
I like
Yes arjun has thought us all of this.
He is passing on the good energy.
Read the thread is all there.
The biggest secrets in the thread are the simplest 1s.
LOGIC & EYES
X-man the legendary conqueror of markets
  • #16,068
  • Nov 29, 2012 1:12am Nov 29, 2012 1:12am
Quoting emmanuel7788
Well done!

You have your thoughts written down and that is a first good step.

But, you need to have clear defined Entry and Exits rules thought of too before you embark on your next trade. You simply follow these Entry and Exits rules and that would help in your trading decisions quicker when you see the Price Action.
Note: I wrote Exits not Exit

About Trends: see attached.

Hi Emannuel

Thans a million. You are the man. (with due respect to LE1, x-man and Gibril) but you are my king.

Let me answer my first homework but do not be angry at my dummy work.

I drew the trend and it seems it is the ema you are refering to master.
4h trend is 200 ema, 1h is 50 ema and 15 min trend is 15 min ema. So by looking at emas on 15 min TF, we can realized the general trend. Am I right?

forgive my dumbness but I had to draw this on chart.

Long live the king!

Attached Image (click to enlarge)
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Quoting emmanuel7788
It is not just a matter of understanding patterns.

on M15 chart, you must be able to use the three EMAs 10, 50 and 200 and see the H-L> HH-HL> HH-HL and L-H> LH-LL> LH-LL.

and using the EMA as your Trend guide, you can easily determine if a particular wave on your M15 chart is a corrective wave of a bigger wave.

***sleepless at midnight? either it is insomnia or nocturnal behaviour. LOL.
tried to stop being an owl for some years but the behavior is there, shows up once in a while. lol
  • #16,069
  • Nov 29, 2012 1:17am Nov 29, 2012 1:17am
Quoting pinux76
Touch the 10 ema and go up in this case we are in a short trend but the price reverse and go to close above 200 ema, this is the problem


At the point 3 is a retrace and we go long or was a pull back and we return short?
Hi pinux76,
Check the slope of the 50EMA - it was pointing towards top-right. This tells me that this looks more like a retrace before resuming upwards direction.

Also, at point 3, look at the candle that closed below the 10EMA - a good length lower wick. Same for the next candle also. Buyers appear to be buying.

Happy trading
  • #16,070
  • Nov 29, 2012 1:29am Nov 29, 2012 1:29am
Sl taken out on GU. But I am glad I stoped being greedy and I locked 30 pips.
maybe I should ve given it more room to breathe.


Quoting emmanuel7788
To all Newbies and Lovebees,

This is wise advice from our brother Zander. You must thank him or else you will regret the next 100 trades.

Listen and practice the usual BASIC SETUPs until you are proficient with this Method and achieve a consistent Win Rate above 50%.

When you can show me that you have completed 100 trades on demo account and have this achieved a 50% Win Rate. You can PM me and I will share with you my 2nd M strategy which is on Money Management, Risk Management, Managing Position Sizing and Trade Management.

1st...
yes sir.
  • #16,071
  • Nov 29, 2012 1:42am Nov 29, 2012 1:42am
Quoting Ciara
LOL, to be a good person. To help other people. To share knowledge and the profit to the ones who need it. To be patient and to concentrate. To love every one.

For the rest u gotta read the Thread.

http://www.youtube.com/watch?v=XRtuD...eature=related

God bless every one,

and thank u brother Arjun for sharing your love!

Ciara
inspiring and beautiful.

Thanks for sharing ciara.

Yeah, indeed it is not just the great method which has kept the thread going so fast. It is the heartfelt love behind it.

Thanks LE1
  • #16,072
  • Edited 2:12am Nov 29, 2012 1:45am | Edited 2:12am
Guys ask yourself everyday

Where are the buyers and where are the sellers?

Where is the fear and where is the greed.

Target their fear and their greed.

I use that fear and greed meter.
I buy and sell at the extremes.
I think Ciara also has that meter.
Works really nice
Attached Image (click to enlarge)
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Attached Image
X-man the legendary conqueror of markets
  • #16,073
  • Nov 29, 2012 1:52am Nov 29, 2012 1:52am
Prior to London O

UJ looking up on longer TF and USCAD looking down on longer TF (yes CADJPY should be lookin' good!)

P
  • #16,074
  • Nov 29, 2012 1:57am Nov 29, 2012 1:57am
Quoting X-Man
Guys ask yourself everyday

Where are the buyers and where are the sellers?

Where is the fear and where is the greed.

Target their fear and their greed.

I use that fear and greed meter.
I buy and sell at the extremes.
I think Ciara also has that meter.
Works really nice

My meter says same bro
Fear is our biggest enemy get rid of it traders
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Attached Images
  • #16,075
  • Nov 29, 2012 2:59am Nov 29, 2012 2:59am
Hi, hope everyone is doing well today Took a small scalp on EJ
Attached Image
  • #16,076
  • Nov 29, 2012 3:36am Nov 29, 2012 3:36am
Quoting X-Man
Guys ask yourself everyday

Where are the buyers and where are the sellers?

Where is the fear and where is the greed.

Target their fear and their greed.

I use that fear and greed meter.
I buy and sell at the extremes.
I think Ciara also has that meter.
Works really nice


This is a good tool, buddy. Market is in a ranging mode..playing around RNs, TLs, EMAs...
After having a close look to FEARMETER, Im scared to take longer positions..Im scared to take short positions..
Only scalping a bit. Good for +30 today.

It is a good time to read the History of this Thread, and wait for better setups...(break out or break down, lol)
Support and Resistance lines are very important. Make sure u draw them every day before taking the first trade and spot the place where the buyeres and where the sellers might be..

Ciara
Attached Image (click to enlarge)
Click to Enlarge Name: 20121129scalps.png Size: 293 KB
Ideas shape the course of history
  • #16,077
  • Nov 29, 2012 3:45am Nov 29, 2012 3:45am
Quoting Ciara
This is a good tool, buddy. Market is in a ranging mode..playing around RNs, TLs, EMAs...
After having a close look to FEARMETER, Im scared to take longer positions..Im scared to take short positions..
Only scalping a bit. Good for +30 today.

It is a good time to read the History of this Thread, and wait for better setups...(break out or break down, lol)
Support and Resistance lines are very important. Make sure u draw them every day before taking the first trade and spot the place where the buyeres and where the sellers might be..

...
How precise good job
  • #16,078
  • Nov 29, 2012 3:51am Nov 29, 2012 3:51am
Quoting Pip26
How precise good job
Ciaras trades are spot on.
On the dot trades
Wow

ciara im sure this is tha arjuna arrow you are using.
i also like the arjuna arrow. it gives me perfect trades .
X-man the legendary conqueror of markets
  • #16,079
  • Nov 29, 2012 3:55am Nov 29, 2012 3:55am
Quoting Pip26
How precise good job
Thanks, mate,

I had best teachers. Did only start FX 1 month ago.
But learned a lot from the History of this Thread.IT IS ALL IN THERE.

The main merits go to: Loveevery1, Pat Chico, Assange, Gibril, X-man, Emmanuel, IMI... and YOU BUDDY. THANKS!

Ciara
Ideas shape the course of history
  • #16,080
  • Nov 29, 2012 3:59am Nov 29, 2012 3:59am
Quoting Ciara
EU Scalping

long GJ an EJ now.
+200+ for the day.

Ciara


Arjun, Buddy, u know, I wont forget..
Thanks for teaching us.
Brother Ciara...Thats my monthly target....What are you upto ? lol
I'm very happy seeing you all making nice pips.My intention is fulfilled finally.lol
This strategy alone will get everyone more pips than ever before...Brother Ciara....you are putting the LOGIC to wrok on most of the trades you take,,,Which is what i do all the time.YOU wont fail in this business...GOD bless you/wife and 2 kids abunduntly....lol
take care
Let all the living things live blissfully
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