Another simple system - Time-Frame 15 | Page 890 | Forex Factory

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Another simple system - Time-Frame 15

  • #17,781
  • Dec 17, 2012 1:34am Dec 17, 2012 1:34am
Quoting X-Man
LOL i took the wrong 2 legs. coz the ears were wrong . here you go

Bro, these are not ears thesre are horns LOL

No need to flip and rotate the cow...

Just move 2 matches and that's it LOL
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  • #17,782
  • Dec 17, 2012 1:36am Dec 17, 2012 1:36am
Quoting Vantage
Last bit of trading opinion for the year. Would not be surprised to see ej and eur fall, mainly for ej to close the gap. Poss buy areas for eur the D pivot and M2 ie 1.3124 and 1.3112.

I'll pop in from time to time but for me trading is done for another year. All the best to everyone here, happy holidays and we'll see you next year for more trend trading (with hopefully some well chosen CT moves).

All the best.
Happy holidays to you mate !!
and thank you so much for all your great posts !!


peace
dom
  • #17,783
  • Dec 17, 2012 1:37am Dec 17, 2012 1:37am
Quoting emmanuel7788
English Language:

All posts here are done in the English language and English is not the mother tongue of most traders here. Sometimes, due to this, some posts are not correctly understood and create problems for non-English speaking members.
Do you have this problem?

Try answering this question:

How good is your English?
[size=3]What is a word made up of 4 letters yet...

I see this was asnwered already .
I hope i dont lose points for late submission

What is a word made up of 4 letters yet is also made up of 3. Although is made of 8 letters, and thenwith 4. Rarely consists of 6 and never is written with 5.
X-man the legendary conqueror of markets
  • #17,784
  • Dec 17, 2012 1:39am Dec 17, 2012 1:39am
the screenshot of EU M15 just now, compared to Master Arjun advanced set up...

peace
dom
Attached Image (click to enlarge)
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Attached Image
  • #17,785
  • Dec 17, 2012 1:40am Dec 17, 2012 1:40am
Quoting orko_555
Bro, these are not ears thesre are horns LOL

No need to flip and rotate the cow...

Just move 2 matches and that's it LOL
LOL where i come from cows grow tails like those
X-man the legendary conqueror of markets
  • #17,786
  • Dec 17, 2012 2:09am Dec 17, 2012 2:09am
Quoting orko_555
Ok,,,
another logic riddle... the same for school pupils (1st-2nd grade)... let's see how are your wrinkles working...

Below is a picture of a "cow" (it is supposed to be done using matches), so it consists of 15 matches., As you can see it is looking to the left... So your task guys is to move 2 (two) matches in a such way to make it look to the right side....

Regards

Roman
I love cows, they graze on grass and produce milk for us.
So I do not kill the cow who give me milk.
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,787
  • Dec 17, 2012 2:19am Dec 17, 2012 2:19am
Quoting emmanuel7788
I love cows, they graze on grass and produce milk for us.
So I do not kill the cow who give me milk.
That was really smart!
  • #17,788
  • Edited 2:31am Dec 17, 2012 2:28am | Edited 2:31am
[quote=Awakening;6300064]
Quoting emmanuel7788

Hi Emmanuel,

I'm trying to understand your post here. So, do you mean that actually what LE1 draw on the picture, about the arrow, is not the complete picture? Corresponding to his post number #2988, so that arrow didn't tell us about some pattern was being developed?

If so, then is it correct the way I analyze the chart like below :

Analyze on Daily chart :
1. On daily, price is open just exactly on the resistance line on 1.3168.
2. Previous daily chart failed to close above the resistance line.
3. Price still...
Hi Awakening,

The original peacock chart is the one shown below. Do not look at the one posted by member Surfer becasue he added some missing arrows based on what he thought.

It is okay now if you do not see the LOGIC in that peacock chart. Many newbies also don't see the LOGIC.
Leave that for now and we shall come back to this one day and everything will be clear.

http://www.forexfactory.com/attachme...1&d=1355331180

I know many folks here still do not see the LOGIC in that peacock chart by LE1.

It is because we all start at some point in time what is known as UNCONSCIOUS INCOMPETENCE.

Please do not take this personnally. It is a phase we all go through and we will transform from one phase to the next. This is the self awareness phase we must all take note of.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,789
  • Edited 3:18am Dec 17, 2012 2:40am | Edited 3:18am
Quoting emmanuel7788

Hi Awakening,

The original peacock chart is the one shown below. Do not look at the one posted by member Surfer becasue he added some missing arrows based on what he thought.

It is okay now if you do not see the LOGIC in that peacock chart. Many newbies also don't see the LOGIC.
Leave that for now and we shall come back to this one day and everything will be clear.

http://www.forexfactory.com/attachme...1&d=1355331180...
Thank you..I'll be re-reading the thread again from the beginning until I can find the meaning of that picture.
  • #17,790
  • Dec 17, 2012 2:44am Dec 17, 2012 2:44am
Quoting X-Man
I see this was asnwered already .
I hope i dont lose points for late submission

[size=3]What is a word made up of 4 letters yet is also made up of 3. Although is made of 8 letters, and thenwith[size=4][color=darkorchid][b]...


You get extra for use of colours.

Thanks for your colourful answer.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,791
  • Dec 17, 2012 2:48am Dec 17, 2012 2:48am
[quote=emmanuel7788;6300227]
Quoting Awakening

Hi Awakening,

The original peacock chart is the one shown below. Do not look at the one posted by member Surfer becasue he added some missing arrows based on what he thought.
Emmanuel....

I just want to commend you on the work you have been putting into helping those on this thread. I know it's not the same here without Arjun, but your presence certainly keeps things moving forward in the right direction. Keep up the good work bud.
What is any ocean but a multitude of drops?
  • #17,792
  • Dec 17, 2012 3:19am Dec 17, 2012 3:19am
[quote=Xhale12;6300271]
Quoting emmanuel7788

Emmanuel....

I just want to commend you on the work you have been putting into helping those on this thread. I know it's not the same here without Arjun, but your presence certainly keeps things moving forward in the right direction. Keep up the good work bud.
I second this Emmanuel....

HUUUUGE thanks for all your work and commitment towards this thread!!
  • #17,793
  • Dec 17, 2012 3:38am Dec 17, 2012 3:38am
EURJPY TRADE. TP originally set at 48pips @ yesterdays high. Chickened out for 19pips @ ADR
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  • #17,794
  • Dec 17, 2012 3:41am Dec 17, 2012 3:41am
AUDJPY TRADE. Target hit for 29pips @ previous day close but my broker refused to execute! Had to close manually for 16pips.
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  • #17,795
  • Dec 17, 2012 4:29am Dec 17, 2012 4:29am
Hi guys,

Markets getting thin now up to Xmas, take care. They can still be volatile esp if US teeters on the cliff edge.

I will be hereabouts this week and next but full steam again Jan.

It is a good time to reflect on the system I feel, we need to retain the core LE1 principles going forward and we need to practice them 200-300 times to get them burned into our brain LOL

The system slowly improves and i feel that a task is to retain and bring into the core the key learning to take forward while sifting out the 'ancillary /nice to haves'

IMO the TDI and Heiken-ashi have basically gone EXCEPT that Emmannual has shown valuable use of TDI to help define price channels on the price chart

PA around levels of strong Support/Resistance is KEY and these levels are (traditionally in the system) BRN, 200Ma in 15m (10MA on 4 hr), 800MA on 15m (10MA on Daily), and ADR

Others strong levels to monitor that need to be added as 'core' imo are emmanual's great fib additions 1.27 extension, and 0.5 retracement, and also previous day high/Low. I am interested in others opinions here. What as a group do we feel are core S/R measures? What is your opinion?

I think that we can do more for newbies to crystalise the candle action and patterns that the system uses as core

Lastly we also need to conquer the psychological aspect, learn to have confidence in the SYSTEM so that we can trade in-the-zone knowing that even failing trades are just part of the successful system
:-)
P
  • #17,796
  • Dec 17, 2012 4:52am Dec 17, 2012 4:52am
Hi guys,

Below, there is a classic CT setup in EJ pair.

1) The price reached ADR Low (= READY)
2) The price reached the RN (= STEADY)
3) The price reached support - look to the left (= GOoooo)

SL was set 9 pips and moved to BE after +6 pips already.
Target was around ADR low..

Good for 28 pips (two shots). We dont want more here. CT trades are risky, pigs get slaugtered.

Trade smart,

(brother) Ciara
Attached Image (click to enlarge)
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Ideas shape the course of history
  • #17,797
  • Dec 17, 2012 5:17am Dec 17, 2012 5:17am
Morning Guy, I see everyone's been busy over the w.end

I am done for this year trading and just wanna say a massive thank you to everyone contributing to the thread

Trading is about learning and this thread had really opened my eyes!!

God bless you all and Merry Christmas
Attached Image
  • #17,798
  • Dec 17, 2012 5:26am Dec 17, 2012 5:26am
Quoting emmanuel7788
Hi cgriffin,

Yes, you are correct this trade was not a Basic Setup.

But someone just shouted .....(see attached pic) and herd just repeat and follow.
Hi!

Like this pic. Smart guy this first
Thanks !


All best
  • #17,799
  • Dec 17, 2012 5:55am Dec 17, 2012 5:55am
[quote=emmanuel7788;6298140]
Quoting Surfer
http://www.forexfactory.com/attachme...1&d=1355613531


Hi Surfer,

To tell you the truth, it took me more than 10 hours and many times going back to this 'peacock' charts posted by LE1 to try and understand why he made this chart. My mind was corrupted by my own style of trading and I failed to see the obvious. Like you I was trying to look for missing arrows, wrong arrow position,...
Thanks Emmanuel
I wasn't trying to look for missing things but I did see bars that should have had arrows based on my hypothesis (which may not be correct).
Can you please let me know if there are any bars that should have arrows or is the original chart 100% complete as it is?
Just want to make sure the jigsaw puzzle isn't missing some pieces.
I don't see how it is possible to mark up my own charts without this information.
Thanks.
  • #17,800
  • Dec 17, 2012 5:58am Dec 17, 2012 5:58am
Couple of trades taken today

EUR/JPY - price squeeze, 50ema - 10ema, pressure on downside (gap fill)

GBP/JPY - 50ema break retest, pressure on sodwnside (gap fill)

.
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