Another simple system - Time-Frame 15 | Page 967 | 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

  • #19,321
  • Jan 29, 2013 9:57am Jan 29, 2013 9:57am
Quoting peetee09
LE1 Time Frame 15

Learning #2

Ok Here it is newbies! LoveEver1's system. To my knowledge it has not been explicitly laid out before so it is my interpretation, others please add your comments, additions or corrections, it is a live document! :-)

This learning is a summary of the basic system. I am trying to get everyone at numerous levels up to speed and successful as soon as possible, so the next learnings posted will be:
#3 money management
#4Trading, timing and timeframe
#5 MAs
#6 S/R
#7 price action/candlesticks
#8...
Thx Peetee09,

Thank you for all the effort, patience and time you take, in order to get us these precious info for us.

Helee
  • #19,322
  • Jan 29, 2013 10:22am Jan 29, 2013 10:22am
Quoting lowweiting
.....

can show me???...sorry

In other words, your last candle time must be sync with your PC Clock.
  • #19,323
  • Jan 29, 2013 10:28am Jan 29, 2013 10:28am
Quoting lowweiting
can i try answer ????

this is my newbie answer....hope it correct...
Hi lowweiting

In addition to Y's low holding as you said, I have no doubt its one of those trades where price just dips below the 200 ema BUT the D has not yet turned. So in the big picture we are still in uptrend.

EJ same story but it had a 120 pip fall CT. Without the D signaling a sell how much more will it go CT on any 1 day?
  • #19,324
  • Jan 29, 2013 5:01pm Jan 29, 2013 5:01pm
Quoting Goodgame42
Why did this trade fail ?
what was market doing since it opened on sunday? structure wise.

hint: look 4hr and 1hr.
  • #19,325
  • Jan 29, 2013 5:31pm Jan 29, 2013 5:31pm
Quoting pkimnyc
what was market doing since it opened on sunday? structure wise.

hint: look 4hr and 1hr.
On H1, price broke MA 50 and MA10
Trade Safe !
  • #19,326
  • Jan 29, 2013 5:33pm Jan 29, 2013 5:33pm
Quoting Goodgame42
On H1, price broke MA 50 and MA10
ok...
  • #19,327
  • Jan 29, 2013 5:35pm Jan 29, 2013 5:35pm
Quoting pkimnyc
ok...
And on H4 price broke MA10 so I thought a little reverse...
Trade Safe !
  • #19,328
  • Jan 29, 2013 5:36pm Jan 29, 2013 5:36pm
Quoting Goodgame42
And on H4 price broke MA10 so I thought a little reverse...
is that your interpretation of price structure?
  • #19,329
  • Jan 29, 2013 5:37pm Jan 29, 2013 5:37pm
Quoting pkimnyc
is that your interpretation of price structure?
No but I would take only 5-10 pips
Trade Safe !
  • #19,330
  • Jan 29, 2013 5:53pm Jan 29, 2013 5:53pm
Quoting Goodgame42
No but I would take only 5-10 pips
Your account is not going to last very long.
What is any ocean but a multitude of drops?
  • #19,331
  • Jan 29, 2013 6:08pm Jan 29, 2013 6:08pm
Quoting Goodgame42
No but I would take only 5-10 pips
and what are you risking to gain 5-10 pips?
  • #19,332
  • Jan 29, 2013 6:08pm Jan 29, 2013 6:08pm
Quoting pkimnyc
and what are you risking to gain 5-10 pips?
3-5 pips SL
Trade Safe !
  • #19,333
  • Jan 29, 2013 6:13pm Jan 29, 2013 6:13pm
Quoting Goodgame42
3-5 pips SL
how has it been going for you?
  • #19,334
  • Jan 29, 2013 6:35pm Jan 29, 2013 6:35pm
Quoting pkimnyc
how has it been going for you?
Very well ! you can see the thread "One Min Chart formations you MUST learn" !
Trade Safe !
  • #19,335
  • Jan 29, 2013 6:38pm Jan 29, 2013 6:38pm
Quoting Goodgame42
Very well ! you can see the thread "One Min Chart formations you MUST learn" !
good for you. ill check out that thread when i have some time. thanks.
  • #19,336
  • Jan 29, 2013 6:47pm Jan 29, 2013 6:47pm
Quoting pkimnyc
good for you. ill check out that thread when i have some time. thanks.
Thanks ! Good luck !
Come on my Long EUR/JPY !
Attached Image (click to enlarge)
Click to Enlarge Name: come on.PNG Size: 72 KB
Trade Safe !
  • #19,337
  • Jan 29, 2013 7:10pm Jan 29, 2013 7:10pm
Quoting Goodgame42
Thanks ! Good luck !
Come on my Long EUR/JPY !
http://www.forexfactory.com/attachme...1&d=1359506845

1) Good to see that you have the TDI on your chart now.

2) You must be able to discern the difference when you trade the 1Min system and this 15Min system which we all discuss in this thread.

3) when you have completed 100 trades, you can then analyse how your trading performance of the two systems you trade with. A few things you can look for and compare:-
- the total win in terms of the initial risk (R). e.f. if you risk is 3pips and win is 10 pips, then it is 3.33R
- the Expectancy of your trading system
- the longest and shortest time duration of each trade
- the average time duration of all the 100 trades
- the overall profitability % of equity after 100 pips
- the maximum drawdown
- the sterling ratio


Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,338
  • Jan 29, 2013 8:45pm Jan 29, 2013 8:45pm
MT4 Server Time

I read some posts where members do not know where to look for your broker server time.

Here is a simple one ...always right in front of you.
Attached Image (click to enlarge)
Click to Enlarge Name: MT4 server time.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,339
  • Jan 29, 2013 9:47pm Jan 29, 2013 9:47pm
Can also drag it and place the timer on top of your chart. Saves a bunch of screen space
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 42 KB
What is any ocean but a multitude of drops?
  • #19,340
  • Jan 29, 2013 10:30pm Jan 29, 2013 10:30pm
Quoting peetee09
LE1 Time Frame 15

Learning #2

Ok Here it is newbies! LoveEver1's system. To my knowledge it has not been explicitly laid out before so it is my interpretation, others please add your comments, additions or corrections, it is a live document! :-)

This learning is a summary of the basic system. I am trying to get everyone at numerous levels up to speed and successful as soon as possible, so the next learnings posted will be:
#3 money management
#4Trading, timing and timeframe
#5 MAs
#6...
Dear Peetee9,
Thank you so much.
Appreciated , I'm learning from you.
bst rgds
allhappy
12 traders viewing now