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Another simple system - Time-Frame 15

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  • Post #16,701
  • Quote
  • Dec 6, 2012 10:13am Dec 6, 2012 10:13am
  •  josh11
  • Joined May 2009 | Status: Consistency is Key!! | 1,297 Posts | Invisible
Quoting emmanuel7788
Disliked
but manage tight as it may be drag down by EJ right now...
Ignored
I have been watching all yen crosses and also Euro, thanks mate

I have a 9pip SL and it in my trade plan so if I losses I am prepare for that thanks for your advise I really appreciate it

God bless you
 
 
  • Post #16,702
  • Quote
  • Dec 6, 2012 10:33am Dec 6, 2012 10:33am
  •  Imi
  • Joined May 2012 | Status: Member | 744 Posts
Hello everyone, I've been busy, missed the last two NY sessions,
I could only get to my computer late when tokyo opened.

I made a 20pips loss on e/u, set up was on H4 and daily, entered on m15
and went to bed, hit my sl almost to the dot, and started flying down. lol, early entry?

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second trade made on e/cad, daily formed a triple top at BRN 1.30,
entries on H1. target was at Day 10ema
results +72, +52

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If you're going through hell, keep going. Winston Churchill
 
 
  • Post #16,703
  • Quote
  • Dec 6, 2012 10:42am Dec 6, 2012 10:42am
  •  josh11
  • Joined May 2009 | Status: Consistency is Key!! | 1,297 Posts | Invisible
Re-entered AJ another bounce off 50Ema was +8 but I thought it would breakout so held it....

Stop out -9pips to tight by less than a pip, then turn around lol

today +8 and -9 with two lots total -10 for the day
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  • Post #16,704
  • Quote
  • Dec 6, 2012 10:46am Dec 6, 2012 10:46am
  •  Davit
  • Joined Feb 2012 | Status: Member | 21,294 Posts
Hi guys posting less because reading a lot of this thread.
Total pips in 5days +230 pips
+90pips on EJ +140 pips on Euro
God bless and be patient.
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In trading, you have to be defensive and aggressive at the same time
 
 
  • Post #16,705
  • Quote
  • Dec 6, 2012 11:48am Dec 6, 2012 11:48am
  •  josh11
  • Joined May 2009 | Status: Consistency is Key!! | 1,297 Posts | Invisible
Guy I am done for the week, hope you all make lots of pips and I will see you Monday

GL
 
 
  • Post #16,706
  • Quote
  • Dec 6, 2012 12:16pm Dec 6, 2012 12:16pm
  •  fxtrade13
  • | Joined Mar 2010 | Status: Member | 135 Posts
Quoting emmanuel7788
Disliked
Hi fxtrade,

Can you modify this s&r indicator to show all the Close price levels of the D and H4 TF which falls within say a 300 pips above and below range of the current market price traded.
This should be useful for current trading .

Thanks.
Ignored
Hey Emmanuel,

No I can't, sorry. Hope someone else here can.
 
 
  • Post #16,707
  • Quote
  • Edited at 12:31pm Dec 6, 2012 12:19pm | Edited at 12:31pm
  •  fxtrade13
  • | Joined Mar 2010 | Status: Member | 135 Posts
Quoting emmanuel7788
Disliked
Hi cku,
Taken from dictionary:

Confluence a flowing together or the result of such an action; a merging; a large number of persons, animals, or things gathered together from various quarters; a concourse; a crowd; a multitude.

In the context of trading, it is a term used to describe when several price levels are close to one another to form a support and resistance zone.
[size=3]The price levels can be in the form of dynamic moving averages, pivots, fibonacci levels, round...
Ignored
 
 
  • Post #16,708
  • Quote
  • Dec 6, 2012 12:25pm Dec 6, 2012 12:25pm
  •  fxtrade13
  • | Joined Mar 2010 | Status: Member | 135 Posts
Quoting loveevery1
Disliked
Brother Fxtrade...i feel so bad to see this one...i dont know how long you have been trading.if you trading eperience is less than 6 months...stop trading LIVE....First Trade in your mind then start a demo account and then live when you get confidence...


some general Noteslz dont doubt these
I will point out few things from the rest of the folks....

1) Take shower before trading.
2) The Day before trading sleep before 11pm
3) Avoid Non vegetarian
4) Wash your hands and ears before entering the Trading room.
5) If taken a Loss....Leave the...
Ignored
Hello LE1,

I appreciate the advice. I've been trading for a while, which is why I got upset. I'm I will recover
my loss without over trading this week. I know it's absolutely true that what you eat, you become
since I have witnessed it in my family. They advice me to go fully vegetarian, but it's tough giving up burgers.
 
 
  • Post #16,709
  • Quote
  • Dec 6, 2012 12:56pm Dec 6, 2012 12:56pm
  •  billytt
  • Joined Feb 2009 | Status: Member | 24,613 Posts
[quote=fxtrade13;6270139]Hello LE1,

I appreciate the advice. I've been trading for a while, which is why I got upset.

hi trader, i do not like people losing at trading but winning at trading is not 100% guaranteed. Pro traders win and lose all of the time, that is trading,,,, as long as you have a decent strategy and STICK to it you will be good. Dont gamble/take risks stick to the plan. Obviously do not take too much alcohol, narcotics etc before trading, Burgers are great. take care , think and plan you will be good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
 
 
  • Post #16,710
  • Quote
  • Edited at 1:58pm Dec 6, 2012 1:44pm | Edited at 1:58pm
  •  ramlanne
  • | Joined Oct 2012 | Status: Member | 198 Posts
HELLO master n everyone,

im new in this thread and has been read more than 200 threads till almost burn my eyes to understood it....
im a airport limosine driver and always standby for picking up passenger at airport arrival exit gate by long que and waiting for the turn...so am having much free time so i do the trading.....NOW STILL CONTINUE THE READING ..WOW 1114 THREADS WITH 16.000 OVER POST ...WHAT CAN I SAY..JUST READ TREW ITS BETTER ???

whats happend to EU today.....??? drop like stone...anyone know about it....

I took that trade...

I enter 9 position and its positive...300 point x 9 AND all position hit my TP. GO max. up to THE lower trend line then its started to reverse up.

i think i got to control my fear and my greed.........lol.

Normally my SL 30 AND TP 300 . I DO USE TRAILING STOP 15 to 20 or ONO one stop another to BE.

IM TRADE ON MAJOR PAIR ONLY .THE STRATEGY AS THIS THREADS SIMPLE AND PROFITABLE BY FOLLOWING THE BASIC RULE.

LOOKS TO THE LEFT AND LOOKING ON THE RIGHT THAN LEFT AGAIN THEN CROSS...GO ENTER..SEEM LIKES CROSSING THE RED TRAFFIC LIGHT !!

(just for me only ...i add bollinger band to guide me the direction,momentum .votality ,dynamic SNR and breakout...for my eyes ONLY)

ITS....SEMPOI Likes assange said. many thanks to pat ,emmanuel ,gibril and the others...i learnd a lots here.

TQ MASTER N OTHERS , YOU ALL ARE SO KIND N SINCERE......PATIENT PAY likes master words.

below are my post pls do the comment.

Quoting loveevery1
Disliked
here u go my friend...
Ignored
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  • Post #16,711
  • Quote
  • Dec 6, 2012 2:14pm Dec 6, 2012 2:14pm
  •  fxtrade13
  • | Joined Mar 2010 | Status: Member | 135 Posts
Thanks billytt, you said it ..

[quote=billytt;6270266]
Quoting fxtrade13
Disliked
Hello LE1,

I appreciate the advice. I've been trading for a while, which is why I got upset.

hi trader, i do not like people losing at trading but winning at trading is not 100% guaranteed. Pro traders win and lose all of the time, that is trading,,,, as long as you have a decent strategy and STICK to it you will be good. Dont gamble/take risks stick to the plan. Obviously do not take too much alcohol, narcotics etc before trading, Burgers are great. take care , think and plan you will be good.
Ignored
 
 
  • Post #16,712
  • Quote
  • Dec 6, 2012 2:23pm Dec 6, 2012 2:23pm
  •  ozobU
  • | Joined Feb 2010 | Status: Member | 191 Posts
ramlanne,

looks to me like the longs were taking profits followed by people not wanting to miss out
 
 
  • Post #16,713
  • Quote
  • Dec 6, 2012 3:14pm Dec 6, 2012 3:14pm
  •  abiyan
  • | Joined Nov 2012 | Status: Junior Member | 2 Posts
Hi Brother..!

I hope you are absolutely fine with good health. I read your post and become very keen to learn forex from you. Please help me as i am the beginner and don't know much about trade. I wanted to know the basics of trading.

I am sure with your help i can do trade much better. I hope to hear from you soon.

Sincerely, Abiyan
 
 
  • Post #16,714
  • Quote
  • Dec 6, 2012 4:10pm Dec 6, 2012 4:10pm
  •  aryary
  • Joined Jun 2012 | Status: Member | 266 Posts
Some setups this morning and afternoon - note some trades became invalid for me due to the ecb press conference. Also due to the busy calendar today, i was taking it lightly in terms of executing trades.

Good setups and charts for the history/look up folder!

.
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  • Post #16,715
  • Quote
  • Dec 6, 2012 4:24pm Dec 6, 2012 4:24pm
  •  smarco
  • | Joined Jun 2012 | Status: Member | 227 Posts
Quoting aryary
Disliked
Some setups this morning and afternoon - note some trades became invalid for me due to the ecb press conference. Also due to the busy calendar today, i was taking it lightly in terms of executing trades.

Good setups and charts for the history/look up folder!
Ignored
Wonderful charts! Thanks!!!

Here a decoration for you!
Attached Image
 
 
  • Post #16,716
  • Quote
  • Dec 6, 2012 7:25pm Dec 6, 2012 7:25pm
  •  Ramjet
  • Joined Jun 2006 | Status: Member | 780 Posts
Quoting aryary
Disliked
Some setups this morning and afternoon - note some trades became invalid for me due to the ecb press conference. Also due to the busy calendar today, i was taking it lightly in terms of executing trades.

Good setups and charts for the history/look up folder!

.
Ignored
Awwwesome charts as always Aryary!!..well explained..simple and clear...I like!!
 
 
  • Post #16,717
  • Quote
  • Dec 6, 2012 8:43pm Dec 6, 2012 8:43pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 36,934 Posts
Today 7 December 2012

Bulls will make money, ... Bears will make money,
... all others will be slaughtered.

It is a matter about Timing. Unless you know what this means and have mastered the skills, it is better stay on the sidelines today.

The Best Thing to do is Preserve your trading Capital.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #16,718
  • Quote
  • Dec 6, 2012 10:26pm Dec 6, 2012 10:26pm
  •  nocanda
  • | Joined Nov 2012 | Status: Member | 33 Posts
Quoting emmanuel7788
Disliked
Today 7 December 2012

Bulls will make money, ... Bears will make money,
... all others will be slaughtered.

It is a matter about Timing. Unless you know what this means and have mastered the skills, it is better stay on the sidelines today.

The Best Thing to do is Preserve your trading Capital.
Ignored
Noted!! I watched the EUR and EJ shoot away yesterday after 2 bad trades for the day...
 
 
  • Post #16,719
  • Quote
  • Dec 6, 2012 10:31pm Dec 6, 2012 10:31pm
  •  winforex
  • | Joined Dec 2012 | Status: Member | 58 Posts
After seeing the title of the thread and reading the posts for more than ten hours, i joined the thread with a great hope of learning this simple to follow strategy.
I am a newbee with not much of an experience.

Have been reading the thread and downloaded the indicators.
Not able to make the Yellow line appear on my MT4. I also tried to follow the suggestion to make it yellow but it seems not working for me.
Help is appreciated.

hey mate...click on indicators->colors->in option 2 choose yellow color and click ok,,...you are done
 
 
  • Post #16,720
  • Quote
  • Dec 6, 2012 10:58pm Dec 6, 2012 10:58pm
  •  Gibril
  • | Additional Username | Joined May 2012 | 1,021 Posts
Quoting emmanuel7788
Disliked
Today 7 December 2012

Bulls will make money, ... Bears will make money,
... all others will be slaughtered.

It is a matter about Timing. Unless you know what this means and have mastered the skills, it is better stay on the sidelines today.

The Best Thing to do is Preserve your trading Capital.
Ignored

@ emmanuel7788
Greeting Sir,

How true is your words reminding newbie to be cautious.

I appreciate if you could help me with this trade I took yesterday.


Yellow rectangle box = resistance/support.

1st trade shorted at support and stopped out. ( Loss)

2nd Trade, I was a bit cautious to short at Bar marked as No. 1 ? because I'm not sure it is a BEEB ? and it was rejected by resistance. I didn't take any trade there. Confused and shy to take the trade as I got stopped earlier...lol

The actual trade was taken after the Pin Bar, and the Second BEEB ( candle marked 2)....that is also Pop-Gun ?

I read you have posted about the mother candle. Since nobody asked, Im curious to learn about it. When you posted it, Im already in the first trade..too late to realise the mistakes.

Thank you for taking time to help me with this one.

Sincerely

giBriL
Attached Image (click to enlarge)
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