Another simple system - Time-Frame 15 | Page 948 | 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

  • #18,941
  • Jan 17, 2013 5:55am Jan 17, 2013 5:55am
Quoting emmanuel7788
Hi Tiouk,
That was a good trade entry. But market went choppy after that.
You managed that well and got out at BE. That is important and so long you manage well with discipline following own set of rules, you are good.
It depends on your Money Management and whether you want to consider the use of scaling-out to take partial profit. But scaling-out work well for me as I have more wiiners. I can then look for setup condition and then gradually scale-in with booked in profits.

More trading experience will be good for you.

Well done!

Below is...

Thank you for your comment Emmanuel, i will consider scaling-out my position in the future.

I'm also interested in chat room if we manage to stay focused on this system


Today's trade : EU +20 pips (Initial SL 15 pips, move to BE after 12 pips)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 17-01-2013 12-28-27.png Size: 62 KB
Click to Enlarge Name: 17-01-2013 12-54-51.jpg Size: 4 KB
  • #18,942
  • Jan 17, 2013 6:05am Jan 17, 2013 6:05am
uo, same.
Attached Image (click to enlarge)
Click to Enlarge Name: 39.PNG Size: 60 KB
  • #18,943
  • Jan 17, 2013 6:06am Jan 17, 2013 6:06am
Quoting jordfx
Update on my EJ swing trade. Some more positions closed at next BRN for +108pips.
hi jordFx,

what make u so confidence it will break RN & Yesterday High??at that time you enter , 4H candle still below 10EMA....

hope can help me (newbie)....thk ....
  • #18,944
  • Jan 17, 2013 6:13am Jan 17, 2013 6:13am
spx500.
Attached Image (click to enlarge)
Click to Enlarge Name: 40.PNG Size: 67 KB
  • #18,945
  • Jan 17, 2013 6:16am Jan 17, 2013 6:16am
AC.
Attached Image (click to enlarge)
Click to Enlarge Name: 41.PNG Size: 64 KB
  • #18,946
  • Jan 17, 2013 6:23am Jan 17, 2013 6:23am
EN.
Attached Image (click to enlarge)
Click to Enlarge Name: 42.PNG Size: 71 KB
  • #18,947
  • Jan 17, 2013 7:05am Jan 17, 2013 7:05am
nu
Attached Image (click to enlarge)
Click to Enlarge Name: 43.PNG Size: 72 KB
  • #18,948
  • Jan 17, 2013 7:33am Jan 17, 2013 7:33am
Quoting lowweiting
hi jordFx,

what make u so confidence it will break RN & Yesterday High??at that time you enter , 4H candle still below 10EMA....

hope can help me (newbie)....thk ....
In one of my recent posts and weekend exercises I talked about how to spot Divergence using PA, TLs, BRNs and EMAs. There was a very strong divergence signal since NY yesterday. Asia tried to fight it,, But FO and LO agreed whole heartedly with NY, so after seeing that strong bullish candle that broke through 117.500 and closed above 200ema. I had no doubts 118.000 would break. Logic was also very strongly supported on H4 timeframe. check it out.
Attached Image (click to enlarge)
Click to Enlarge Name: 4.gif Size: 20 KB
  • #18,949
  • Jan 17, 2013 7:39am Jan 17, 2013 7:39am
Quoting aren
nu
Aren, I keep seeing your charts, but no trades you've taken and no account statements????
  • #18,950
  • Jan 17, 2013 7:44am Jan 17, 2013 7:44am
Quoting jordfx
Aren, I keep seeing your charts, but no trades you've taken and no account statements????

yes, sorry for that.

just happy to find out the simple way to trade.

thX for le1!!!
  • #18,951
  • Edited 9:03am Jan 17, 2013 8:08am | Edited 9:03am
I'm short EU, stop at BE (SL initial 7 pips)

Update: Missed my TP by 0,1 pips

Update 2: TP hit +20 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 17-01-2013 15-06-35.jpg Size: 130 KB
Click to Enlarge Name: 17-01-2013 16-01-31.jpg Size: 6 KB
  • #18,952
  • Jan 17, 2013 10:25am Jan 17, 2013 10:25am
Quoting emmanuel7788
Hi tieutri,

Well done for first time. You got a good trade protected with profit.

There is script in post#16,415 which will plot the Draw position on your chart. This will help to see where the trade entry is.
http://www.forexfactory.com/showthre...08#post6258608

Trade Well.
Hi everyone,

After NO opened, waiting for news, PA closed under 10EMA, I sell EU +20 pips.

Many thank Ajun and senior member was here to help us. I am a newbie, not yet 01 years of experience, feel very lucky to get people help and advice. Wish everyone all the best
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-01-17_225828.jpg Size: 230 KB
  • #18,953
  • Jan 17, 2013 10:46am Jan 17, 2013 10:46am
london did it's work today. market should be thinning out from now. don't over trade.
  • #18,954
  • Jan 17, 2013 11:59am Jan 17, 2013 11:59am
The power of planning your trades. AND TRADING YOUR PLAN! My Protective Stop was missed by 1 pip!, I felt heavy psychological pressure to close all positions at 119.500, but patience prevailed. Closed more positions at 120.000 for 205pips! Its been a good day. Have just one more position left running. Will tighten the stop to 119.500. Patience pays. Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 35 KB
  • #18,955
  • Jan 17, 2013 12:15pm Jan 17, 2013 12:15pm
Quoting jordfx
The power of planning your trades. AND TRADING YOUR PLAN! My Protective Stop was missed by 1 pip!, I felt heavy psychological pressure to close all positions at 119.500, but patience prevailed. Closed more positions at 120.000 for 205pips! Its been a good day. Have just one more position left running. Will tighten the stop to 119.500. Patience pays. Trade safe.
congrats on your trade.
  • #18,956
  • Jan 17, 2013 12:23pm Jan 17, 2013 12:23pm
Quoting pkimnyc
congrats on your trade.
Tnx a lot buddy. Learning a lot from your trades.
  • #18,957
  • Jan 17, 2013 12:33pm Jan 17, 2013 12:33pm
Quoting jordfx
Tnx a lot buddy. Learning a lot from your trades.


if you do it right this way, you only need 1 or 2 trades per week. still make a decent living.
  • #18,958
  • Jan 17, 2013 12:56pm Jan 17, 2013 12:56pm
Hello guys,
haven't been trading for a long time already, and now just came to a PC and saw this opportunity....


Regards,

Roman
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 203 KB
Click to Enlarge Name: 2.png Size: 206 KB
  • #18,959
  • Jan 17, 2013 1:06pm Jan 17, 2013 1:06pm
Quoting pkimnyc


if you do it right this way, you only need 1 or 2 trades per week. still make a decent living.
Thats exactly what got me thinking so seriously about swing trades in the first place. Unbelievable returns if done right, and much less stress trying to jump at every movement in the charts! Biggest challenge is Money management and psychology. But I'm working hard at it. Made over 10% of my Equity today alone. Closer to 15% if you count the floating profit in the open positions! And total risk was less than 2%!
  • #18,960
  • Jan 17, 2013 1:09pm Jan 17, 2013 1:09pm
Quoting jordfx
Thats exactly what got me thinking so seriously about swing trades in the first place. Unbelievable returns if done right, and much less stress trying to jump at every movement in the charts! Biggest challenge is Money management and psychology. But I'm working hard at it. Made over 10% of my Equity today alone. Closer to 15% if you count the floating profit in the open positions! And total risk was less than 2%!
Yep. That souns about right. Good job bro.
3 traders viewing now