Another simple system - Time-Frame 15 | Page 1033 | 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

  • #20,641
  • Apr 4, 2013 9:50am Apr 4, 2013 9:50am
late entry and exit on EurGbp, but still managed 39pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpm15.png Size: 37 KB
  • #20,642
  • Apr 4, 2013 10:02am Apr 4, 2013 10:02am
Quoting pkimnyc
96 on euro. {image}
Amazing trade, you bought before the candle was closed, how did you know that there would this massive rejection ? There was a rejection of this level on 27-28 March, but is that the only reason ?
  • #20,643
  • Apr 4, 2013 10:03am Apr 4, 2013 10:03am
Quoting pkimnyc
96 on euro. {image}
wow. your entries are simply unbelievable as usual.
  • #20,644
  • Apr 4, 2013 10:10am Apr 4, 2013 10:10am
Quoting MidnightRun
What was the predominant factor in entering long: close above 10ema, or the MACD? Thank you
Go to the monthly TF and mark out february low price. You'll understand why I took that trade, especially if you also see the candlestick type that closed as the month of march. The highest probability trades are those taken off the strongest support and resistances, in my opinion, none is stronger than the monthly OHLCs. Trumps every other Price action analysis.
  • #20,645
  • Apr 4, 2013 10:14am Apr 4, 2013 10:14am
Quoting Kenshishi
Amazing trade, you bought before the candle was closed, how did you know that there would this massive rejection ? There was a rejection of this level on 27-28 March, but is that the only reason ?
Mark out march lowest price level. There just had to be a reaction. Price hardly ever just blows through those kind of support and resistances. There usually must always be a reaction. Might not be much, but just take whatever the market gives.
  • #20,646
  • Apr 4, 2013 10:21am Apr 4, 2013 10:21am
Quoting jordfx
Mark out march lowest price level. There just had to be a reaction. Price hardly ever just blows through those kind of support and resistances. There usually must always be a reaction. Might not be much, but just take whatever the market gives.
Ok, thank you jordfx
  • #20,647
  • Apr 4, 2013 10:22am Apr 4, 2013 10:22am
EurAud. I'm trying to scalp multiple pairs these days. This is one of those you take and then in hindsight ask yourself, why the heck did I do that???? hahaha. Anyway I still escaped with 38pips.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm15.png Size: 45 KB
  • #20,648
  • Apr 4, 2013 10:53am Apr 4, 2013 10:53am
Quoting jordfx
EurAud. I'm trying to scalp multiple pairs these days. This is one of those you take and then in hindsight ask yourself, why the heck did I do that???? hahaha. Anyway I still escaped with 38pips. {image}
i have no freaking clue why you did that. lol
  • #20,649
  • Apr 4, 2013 11:03am Apr 4, 2013 11:03am
Quoting pkimnyc
i have no freaking clue why you did that. lol
hahaha! I know! Neither do I! hehehe! Just thought to post it so others will realise we're still human too eh?
  • #20,650
  • Apr 4, 2013 1:13pm Apr 4, 2013 1:13pm
Quoting Kenshishi
Amazing trade, you bought before the candle was closed, how did you know that there would this massive rejection ? There was a rejection of this level on 27-28 March, but is that the only reason ?
momentum, cycle, volume, price, structure, news.

candle not closed? on 15 min maybe, but look 5 min chart.
  • #20,651
  • Apr 4, 2013 1:49pm Apr 4, 2013 1:49pm
Now you gone and leaked the whole secret. lol. The five energies! (News=Timing=cycle)

Quoting pkimnyc
momentum, cycle, volume, price, structure, news. candle not closed? on 15 min maybe, but look 5 min chart.
  • #20,652
  • Apr 4, 2013 1:51pm Apr 4, 2013 1:51pm
Quoting jordfx
Now you gone and leaked the whole secret. lol. The five energies! (News=Timing=cycle)
lol. gl trying to figure that out. took me almost 2 years to put it together.
  • #20,653
  • Apr 5, 2013 4:43am Apr 5, 2013 4:43am
Interesting read for those who like trading the news......





At 12:30 pm GMT today, the U.S. will release its March non-farm payrolls report!
This monthly release is widely considered to be one of the most important and most-watched U.S. economic reports. It serves as a key leading indicator for consumer spending, which contributes almost two-thirds of the U.S.'s overall economic activity.
According to economic fortunetellers, we should expect to see a net total of 198,000 jobs added last month. It ain't exactly the strongest follow-up to the 236,000 jobs that were created in February, but it is a good deal higher than the 159,000 that jobs growth has averaged since 2010.
In turn, this is expected to keep the unemployment rate steady at 7.7%, after dropping from 7.9% back in February.
ADP Hints at a Downside Surprise
Forecasts for the NFP show a bit of optimism and point at a firming labor market, but the actual results may just leave the markets disappointed. After all, ADP employment report, which was released just yesterday and is often considered a sneak preview of the NFP, printed results that were nowhere near the consensus forecast.
According to the report, only 158,000 jobs were created in March, which is well below the growth of 203,000 that many had anticipated. Take note, the ADP has done a pretty good job of predicting the NFP results. In four of the last five releases, it showed better-than-expected results, and the NFP followed suit.
Potential Reactions to NFP
If we look at how price moved following the ADP report, we can have an idea of how traders will respond to the upcoming U.S. employment data.
http://www.babypips.com/blogs/pipono...404/eurusd.png
http://www.babypips.com/blogs/pipono...404/gbpusd.png
From the charts above, it's pretty clear that traders reacted fundamentally to the ADP. It came out worse than anticipated, which resulted in a weaker dollar. I expect the same to happen on Friday if the non-farm payrolls fail to meet consensus.
I'd also like to point out that the Federal Reserve has stated that it is using the health of the job market as a major factor in their monetary policy decisions. If the labor market continues to improve, the Fed could start cutting down on bond purchases earlier than expected, which would likely be dollar bullish.
  • #20,654
  • Apr 5, 2013 5:34am Apr 5, 2013 5:34am
Quoting jordfx
Interesting read for those who like trading the news...... At 12:30 pm GMT today, the U.S. will release its March non-farm payrolls report! This monthly release is widely considered to be one of the most important and most-watched U.S. economic reports. It serves as a key leading indicator for consumer spending, which contributes almost two-thirds of the U.S.'s overall economic activity. According to economic fortunetellers, we should expect to see a net total of 198,000...
Hi jordfx, please tell me if u dont mind where have u got this information ? on FF or where ?
  • #20,655
  • Apr 5, 2013 5:41am Apr 5, 2013 5:41am
Quoting jeank
Hi jordfx, please tell me if u dont mind where have u got this information ? on FF or where ?
OOOH SORRY JORDFX , i get it from babypips.com. Mille excuse , sir
  • #20,656
  • Apr 5, 2013 6:09am Apr 5, 2013 6:09am


Quoting jeank
OOOH SORRY JORDFX , i get it from babypips.com. Mille excuse , sir
  • #20,657
  • Apr 5, 2013 7:44am Apr 5, 2013 7:44am
Final Target hit. Enjoy the weekend.
  • #20,658
  • Apr 5, 2013 9:12am Apr 5, 2013 9:12am
Hi loveevery1, i'm new in this thread, and also new in FX.
I attached a photo using your indicators. Just want to make sure if my settings are correct.
Attached Image (click to enlarge)
Click to Enlarge Name: time frame m15 trading system.png Size: 33 KB
  • #20,659
  • Apr 5, 2013 9:34am Apr 5, 2013 9:34am
Quoting sapong
Hi loveevery1, i'm new in this thread, and also new in FX. I attached a photo using your indicators. Just want to make sure if my settings are correct. {image}
Sent you a PM...
  • #20,660
  • Apr 5, 2013 9:38am Apr 5, 2013 9:38am
[CENTER[/center]
Quoting Apophis
Sent you a PM...
Hi,
Lovevery1 is not it the thread anymore, we all miss him... he resign some time ago...
your chart looks nice, but I prefer to switch on MT4 from candles to bars, chart is more clear for me...
JacekPreserve Precious Capital
9 traders viewing now