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Another simple system - Time-Frame 15

  • #18,301
  • Dec 27, 2012 4:01pm Dec 27, 2012 4:01pm
Quoting laud
Hi Davit, do you have .mq4 version of it?
there you go
I use older version 1.2. Putting top of each-other 1.2 response better.
Try both see which one signals better.
Attached File(s)
File Type: mq4 BetterVolume 1.2.mq4   5 KB | 421 downloads
File Type: mq4 BetterVolume 1.4.mq4   5 KB | 447 downloads
In trading, you have to be defensive and aggressive at the same time
  • #18,302
  • Dec 27, 2012 4:09pm Dec 27, 2012 4:09pm
Quoting Davit
there you go
I use older version 1.2. Putting top of each-other 1.2 response better.
Try both see which one signals better.
Thank you.
  • #18,303
  • Dec 27, 2012 5:15pm Dec 27, 2012 5:15pm
Fibs are important part of my trading.Its something I respect greatly.
Most respected fib retrace is .618 and no wonder its the most powerful fib number sometimes referred as golden ratio.It exist in nature,on human body,stars etc even movement of birds in flight
Having said this.Euro is in retrace mode and I have a pending sell at 3250 which is at slightly lower then .618
Now I am going to sleep and have it get filled.
If you like to have your fib default tool show price just put a (61.8)%$ in description

Same for GU pending sell at .618 Fib which is exactly at 6150 RN
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 31 KB
Click to Enlarge Name: gu.gif Size: 36 KB
In trading, you have to be defensive and aggressive at the same time
  • #18,304
  • Dec 27, 2012 7:27pm Dec 27, 2012 7:27pm
closed my EU trade +7pips.I will wait later for better opportunity.
Trade was based on RN and fib .618
I know small potato but end of the day they add up.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 27 KB
In trading, you have to be defensive and aggressive at the same time
  • #18,305
  • Dec 27, 2012 8:05pm Dec 27, 2012 8:05pm
Quoting Davit
closed my EU trade +7pips.I will wait later for better opportunity.
No reason why EU can't hit ~1.355 before year end, although 3,200 pipettes in the next few days is pushing that protestation.

Look at weekly pic below; I've drawn an orange box to show the last fractal time-span (distance between green dots) and then projected it with a red box and you can see the candles attacking this red box timezone very early, so bid intent is strong. I then placed the boxes on the vertical axis from a previous fib buy trap wave from sep '11.

Price also sitting high on year open (black line) and month open (purple line), so no real reason to look for sells.

Just my 2c

NB Fractal indy here, candle opens here.

EURUSD - Weekly
http://i.imgur.com/rWfni.gif
Politics is the womb in which war develops.
  • #18,306
  • Dec 27, 2012 9:03pm Dec 27, 2012 9:03pm
Quoting FiatFap
No reason why EU can't hit ~1.355 before year end, although 3,200 pipettes in the next few days is pushing that protestation.

Look at weekly pic below; I've drawn an orange box to show the last fractal time-span (distance between green dots) and then projected it with a red box and you can see the candles attacking this red box timezone very early, so bid intent is strong. I then placed the boxes on the vertical axis from a previous fib buy trap wave from sep '11.

Price also sitting high on year open (black line) and month open (purple line),...
Something major fundemetally must happen for Euro to propel further up without retrace.That is not in the cards.Recent Euro up move was partly driven by Fiscal Cliff and indirectly Yen upsurge.
We are due for correction.Euro has been climbing over 300pips without a real retrace.Nothing goes up indefatigably.
We will see 3100 most likely before 35.This is just my thinking but nobody knows 100%
Regards
In trading, you have to be defensive and aggressive at the same time
  • #18,307
  • Dec 27, 2012 9:21pm Dec 27, 2012 9:21pm
Quoting Davit
closed my EU trade +7pips.I will wait later for better opportunity.
Trade was based on RN and fib .618
I know small potato but end of the day they add up.
Hi Davit!Can you give the indicator that show what news will come out in the day?
Thanks!
  • #18,308
  • Dec 27, 2012 9:29pm Dec 27, 2012 9:29pm
Quoting kaka_ht
Hi Davit!Can you give the indicator that show what news will come out in the day?
Thanks!
there you go
I edited out the title and blended the colors to background because I am color sensitive.I hate ugly charts
I changed important news from red to white.White to me is "hot" in electric terms.
Attached File(s)
File Type: ex4 FFCal Headlines.ex4   36 KB | 384 downloads
In trading, you have to be defensive and aggressive at the same time
  • #18,309
  • Dec 27, 2012 9:33pm Dec 27, 2012 9:33pm
Quoting Davit
there you go
I edited out the title and blended the colors to background because I am color sensitive.I hate ugly charts
I changed important news from red to white.White to me is "hot" in electric terms.
Ok,thanks.I will try it.
  • #18,310
  • Dec 27, 2012 9:54pm Dec 27, 2012 9:54pm
Quoting kaka_ht
Hi Davit!Can you give the indicator that show what news will come out in the day?
Thanks!
Or you can use a free news alert, separate from MT4
Politics is the womb in which war develops.
  • #18,311
  • Dec 27, 2012 9:58pm Dec 27, 2012 9:58pm
Quoting Davit
Something major fundemetally must happen for Euro to propel further up without retrace.That is not in the cards.Recent Euro up move was partly driven by Fiscal Cliff and indirectly Yen upsurge.
We are due for correction.Euro has been climbing over 300pips without a real retrace.Nothing goes up indefatigably.
We will see 3100 most likely before 35.This is just my thinking but nobody knows 100%
Regards
Just because it goes up, doesn't mean it has to retrace; look at EURJPY on weekly - a parabolic 14,000 pipettes without retrace and a continuation from last weeks spinning top.
Politics is the womb in which war develops.
  • #18,312
  • Dec 28, 2012 1:00am Dec 28, 2012 1:00am
Quoting Davit
Something major fundemetally must happen for Euro to propel further up without retrace.That is not in the cards.Recent Euro up move was partly driven by Fiscal Cliff and indirectly Yen upsurge.
We are due for correction.Euro has been climbing over 300pips without a real retrace.Nothing goes up indefatigably.
We will see 3100 most likely before 35.This is just my thinking but nobody knows 100%
Regards
That is not trading what you see but mere anticipation. A lot of people have paid dearly for anticipation. People have been saying EU can't go up since the begining of this month. People keep saying nothing goes up without coming down. Yes that is true but the bigger picture will win. Remember what happen in MAY. People keep saying we are due for correction and we were bearish through the month of MAY. For this month, people where anticipating H/S pattern. People saw tripple top. They were only looking on H4 for pattern and refuse to see the forest from the jungle through the trees. All these had made alot of people to sell in anticipation that EU is coming down without lookong at the bigger picture.
HEY REMEMBER ONE IS ALL AND ALL IS ONE. 10ema is all over the places and people keep ignoring it and anticipating.

When I wanted to buy EJ on monday, I know of a guy that told me it is not safe. This is xmas. We are due for correction, the price is now high but the trend is strongly up and we have PA close above 10ema on h4 with small candle. I long EJ and I still have my position running. There is nothing telling me to stay away for now. We are at 200ema on weekly and going to 50ema on monthly. We can have basoka up!!! I have to look at the reaction of this level at LTF. Let PA guide us. Arjun has made it so simple but yet people keep making it so difficult. I started making consistent pips the day i respect 10ema. Good Luck
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #18,313
  • Dec 28, 2012 1:15am Dec 28, 2012 1:15am
Quoting Davit
My trading plan for tonight
GU pending short at 6150 which is .618 Fib retrace RN
I am looking possible ABCD pattern forming.
D target area as a TP
You might be wondering how I got C. .618 FIB from AB
You might be wondering what this has to do with this system.You are correct.Very little other then RN and confluence of other factors like Fibs which is not part of the system.
Am I changing the system? NO! I just trade it with my style.I am still aware of Price action,10EMA 200EMA.
This is just a distraction for newbies please. For the fact that Arjun left does not mean which should deviate from the original setup. Please, post a chart mainly for the purpose of this thread. I remember that Emmanuel said you can be posting such a post in your thread and not here.

If you notice emmanuel post the way he uses his chart and all additional information give to us, he did not deviate from the original setup. It is just additional confluence and he made people to understand the concept. For example the OHLC of weekly and daily. POPgun etc. So if you have to post additional confluence you have to make it simple for newbies.

Also avoid statement like EU will go to 1.3100 before 1.3500. This can confuse newbies and they can just go ahead and short bcos they will believe your statement even if you said they should not follow you as they see you posting winning trade and not posting lossing trade.

Please post only trades based on the system covered in this thread
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #18,314
  • Dec 28, 2012 1:59am Dec 28, 2012 1:59am
Quoting ejiexe
That is not trading what you see but mere anticipation. A lot of people have paid dearly for anticipation. People have been saying EU can't go up since the begining of this month. People keep saying nothing goes up without coming down. Yes that is true but the bigger picture will win. Remember what happen in MAY. People keep saying we are due for correction and we were bearish through the month of MAY. For this month, people where anticipating H/S pattern. People saw tripple top. They were only looking on H4 for pattern and refuse to see the forest...
I concur!
  • #18,315
  • Dec 28, 2012 1:59am Dec 28, 2012 1:59am
Quoting ejiexe
This is just a distraction for newbies please. For the fact that Arjun left does not mean which should deviate from the original setup. Please, post a chart mainly for the purpose of this thread. I remember that Emmanuel said you can be posting such a post in your thread and not here.

If you notice emmanuel post the way he uses his chart and all additional information give to us, he did not deviate from the original setup. It is just additional confluence and he made people to understand the concept. For example the OHLC of weekly and daily. POPgun...
  • #18,316
  • Dec 28, 2012 2:40am Dec 28, 2012 2:40am
Hi anyone notice this fakey?If you buy here you will go to the hell!61,8 Fibo is quite strong resistance!When price retest and touch 10 MA,we also need looking other factors!
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-12-28_1536warn EUM15.png Size: 24 KB
  • #18,317
  • Dec 28, 2012 2:41am Dec 28, 2012 2:41am
Hello,

here is my trade on GU for today:

previous day: bearish, looking for short only
retracement almost 50% fibo of yesterday
EMA10/200/800 inline
entered after LO and EMA10 restest, S/L @1.6116 (~10pips), target1 1.6065 (Y low), target2 1.6050 (RN).

What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: GU15M-Sell.png Size: 17 KB
  • #18,318
  • Dec 28, 2012 2:49am Dec 28, 2012 2:49am
Quoting symon
Hello,

here is my trade on GU for today:

previous day: bearish, looking for short only
retracement almost 50% fibo of yesterday
EMA10/200/800 inline
entered after LO and EMA10 restest, S/L @1.6116 (~10pips), target1 1.6065 (Y low), target2 1.6050 (RN).

What do you think?

Hi Symon,

this trade looks good to me.
manage well.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,319
  • Dec 28, 2012 2:50am Dec 28, 2012 2:50am
Quoting kaka_ht
Hi anyone notice this fakey?If you buy here you will go to the hell!61,8 Fibo is quite strong resistance!When price retest and touch 10 MA,we also need looking other factors!
that was trap for IB and Big Ben traders...'
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,320
  • Dec 28, 2012 3:10am Dec 28, 2012 3:10am
Quoting symon
Hello,

here is my trade on GU for today:

previous day: bearish, looking for short only
retracement almost 50% fibo of yesterday
EMA10/200/800 inline
entered after LO and EMA10 restest, S/L @1.6116 (~10pips), target1 1.6065 (Y low), target2 1.6050 (RN).

What do you think?
Difficult one. You have days open, Asian lows and RN close by. To be honest the only thing I'd say is try and get in tighter entry 6120-ish (as opposed to 6106-ish) when RN is so close as a stop at 16 could get tagged.

Hopefully you'll be OK.
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