Another simple system - Time-Frame 15 | Page 1085 | 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

  • #21,681
  • Jul 9, 2013 2:43pm Jul 9, 2013 2:43pm
Quoting BorisViven
Hi ! I'm not a smart guy : It tooks me about 5 years of screentime to learn patience... In trading, we just have to wait the good setup, simple lesson but hard to learn, for me and we all know the setup because we already seen it hundreds of time........ EURJPY +73 I took profit at the daily 1.27 fib expansion Take care guys dom {image} {image}
Great trade !
  • #21,682
  • Jul 9, 2013 4:14pm Jul 9, 2013 4:14pm
Quoting explor359
{quote} Hi BorisViven, Great trade . Can you please explain which higher TFs and how you analysed them for this trade. For eg. on M15 it was abv 200ema and what made you short it. And what other TFs you look at. Thanks.
Hi explor359,

Thank you
I always look at h1 and h4 before to take an M15 trade.
On H1 it was a bounce trade (picture below).
On H4 the tdi has just crossed.
So, for me, conditions were met (on H1 and H4) to take a "let it run" trade .

And, finally, the price has just crossed big round number and, on M15, PA was only 3-4 pips above the 200 ema.

Peace
dom
Attached Image
  • #21,683
  • Jul 9, 2013 4:14pm Jul 9, 2013 4:14pm
Quoting BorisViven
Hi ! I'm not a smart guy : It tooks me about 5 years of screentime to learn patience... In trading, we just have to wait the good setup, simple lesson but hard to learn, for me and we all know the setup because we already seen it hundreds of time........ EURJPY +73 I took profit at the daily 1.27 fib expansion Take care guys dom {image} {image}

Hi Brother,

Well done,
Guys, if you paid attention to HTF like H4 and H1, the TDI MBL line was facing down, this is an indication of the trend to go south, meanwhile some of you guys were expecting the trend to go north.
On the M15 200ema and 50ema were facing north too, but look more to HTF signals than the M15 ones, but take the trade on M15.... as by the rules.

Our brother Dom, was too sharp to enter this trade on the right spot.

Take care

Lee
  • #21,684
  • Jul 9, 2013 4:21pm Jul 9, 2013 4:21pm
Quoting TiouK
{quote} Great trade !
Thank you brother !

Pour répondre à ton PM, mon trading se passe bien, je vais essayer de poster plus souvent ici
J'espère que tu vas bien aussi, comment va ton trading ?
bises à bientôt
  • #21,685
  • Jul 9, 2013 4:24pm Jul 9, 2013 4:24pm
Quoting Helee
{quote} Hi Brother, Well done, Guys, if you paid attention to HTF like H4 and H1, the TDI MBL line was facing down, this is an indication of the trend to go south, meanwhile some of you guys were expecting the trend to go north. On the M15 200ema and 50ema were facing north too, but look more to HTF signals than the M15 ones, but take the trade on M15.... as by the rules. Our brother Dom, was too sharp to enter this trade on the right spot. Take care Lee
Thank you brother !

Nice to see you here again !!

Take care
  • #21,686
  • Jul 10, 2013 12:20am Jul 10, 2013 12:20am
With Arjun rules.... 60 pips

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 26 KB
JacekPreserve Precious Capital
  • #21,687
  • Jul 10, 2013 1:56am Jul 10, 2013 1:56am
Quoting Jackub
With Arjun rules.... 60 pips {image}
Great trade brother ! and very nice break of asian session
and thank you so much for the voucher, very honored

Take care
  • #21,688
  • Jul 10, 2013 1:59am Jul 10, 2013 1:59am
Quoting BorisViven
{quote} Great trade brother ! and thank you so much for the voucher, very honored Take care
You deserve for it, I do admire your trading....
All plesure mine!
JacekPreserve Precious Capital
  • #21,689
  • Jul 10, 2013 3:27am Jul 10, 2013 3:27am
Hi guys,

a very quick trade for me today after london open (i was still in bed to catch Jackub's trade (above) )
very prudent on this one because price action has moved a lot during late asian/ early european, so i wasn't expected a big move.

I intended to close at 128.00 but missed it by 1 pips or so. I closed it manually.

EURJPY
+31

Take care guys
dom
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY_M15_2.png Size: 2 KB
Attached Image
  • #21,690
  • Jul 10, 2013 4:11am Jul 10, 2013 4:11am
Quoting BorisViven
Hi guys, a very quick trade for me today after london open (i was still in bed to catch Jackub's trade (above) ) very prudent on this one because price action has moved a lot during late asian/ early european, so i wasn't expected a big move. I intended to close at 128.00 but missed it by 1 pips or so. I closed it manually. EURJPY +31 Take care guys dom {image} {image}
Well done brother,

Congrats, me too, asian sessions always gives good trades, but... we sleeping in bed...

I also caught that trade and for the same amount,31 Pips...

Take care..

Unfortunately i cant put my trade here as i do trade via broker web page.

All the best

Helee
  • #21,691
  • Jul 10, 2013 4:14am Jul 10, 2013 4:14am
Quoting Jackub
{quote} You deserve for it, I do admire your trading.... All plesure mine!
Hi Jackub,

Well done to you, happy to see you helping people around. my vows to you and all the best.

Take care

Helee
  • #21,692
  • Jul 10, 2013 4:51am Jul 10, 2013 4:51am
Quoting Helee
{quote} Hi Jackub, Well done to you, happy to see you helping people around. my vows to you and all the best. Take care Helee
Thank You Helee, very much....
JacekPreserve Precious Capital
  • #21,693
  • Jul 10, 2013 8:24am Jul 10, 2013 8:24am
More 20 pips on EUR/JPY... CT trade

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 37 KB
JacekPreserve Precious Capital
  • #21,694
  • Jul 10, 2013 9:02am Jul 10, 2013 9:02am
What a pity, just went out for coffee when TP was hit,
could be more then 30, but win is a win! ...
22 pips CT trade

Attached Image (click to enlarge)
Click to Enlarge Name: audusdm15.png Size: 38 KB
JacekPreserve Precious Capital
  • #21,695
  • Jul 10, 2013 9:06am Jul 10, 2013 9:06am
nice pip CT trade. could u share me something about ur trade? i think i can lean some thing from your.. thanks
Quoting Jackub
What a pity, just went out for coffee when TP was hit, could be more then 30, but win is a win! ... 22 pips CT trade {image}
TRy my best to learn
  • #21,696
  • Jul 10, 2013 9:35am Jul 10, 2013 9:35am
Quoting thaihoc
nice pip CT trade. could u share me something about ur trade? i think i can lean some thing from your.. thanks {quote}
Well let me tell the "story"....

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 46 KB


arrows 1 and 2 shows candles with strong bearish pressure, 50% upper wick and whole red "marubozu" later on H4 with TDI bearish cross say we have high probability of moving price down..

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 47 KB

On H1 we can see long wicks on two pinbars it is more like double top, the dotted red line marked with four short red arrows is a monthly OHLC acting like S/R (some can see even failed bullish IB beetwinn the pinbars)...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 36 KB


red arrow shows right place to enter, BUT it was just at NYO, my experience say NYO is changing direction of price move (in 48% of cases), so I decided to wait for confirmation... TP was close 200EMA, SL 17 pips
JacekPreserve Precious Capital
  • #21,697
  • Jul 10, 2013 9:44am Jul 10, 2013 9:44am
Quoting Jackub
{quote} Well let me tell the "story".... {image} arrows 1 and 2 shows candles with strong bearish pressure, 50% upper wick and whole red "marubozu" later on H4 with TDI bearish cross say we have high probability of moving price down.. {image} On H1 we can see long wicks on two pinbars it is more like double top, the dotted red line marked with four short red arrows is a monthly OHLC acting like S/R (some can see even failed bullish IB beetwinn the pinbars)... {image} red arrow shows right place to enter, BUT it was just at NYO, my experience...
Thanks Jackub for the full analysis - interesting to read. Looking at the 15 minute alone, I was thinking it was a lower high (or failure to continue the trend) and then subsequent break of the lows between the original high and the lower high that signaled the entry (combined with the TDI).
Small disciplines repeated with consistency lead to great achievements.
  • #21,698
  • Jul 10, 2013 10:00am Jul 10, 2013 10:00am
Quoting jmflukeiii
{quote} Thanks Jackub for the full analysis - interesting to read. Looking at the 15 minute alone, I was thinking it was a lower high (or failure to continue the trend) and then subsequent break of the lows between the original high and the lower high that signaled the entry (combined with the TDI).
Why not, you are right,

Attached Image (click to enlarge)
Click to Enlarge Name: audusdm15.png Size: 40 KB


definitely it is much simpler, people say "simple is better"!!!
JacekPreserve Precious Capital
  • #21,699
  • Jul 10, 2013 12:23pm Jul 10, 2013 12:23pm
I got out of two trades for a loss. Both could have been winners.

Need to exercise patience.
  • #21,700
  • Jul 10, 2013 2:15pm Jul 10, 2013 2:15pm
Quoting Jackub
What a pity, just went out for coffee when TP was hit, could be more then 30, but win is a win! ... 22 pips CT trade {image}
Hi Jackub,
Please allow me to use your picturetrade just to illustrate something regarding those pinbars on the M15 TF´s?
Normally, I mean, quite often you will see a BULL pinbar CANDLE like the one on this example and pointed by the red arrow forming just BELOW the 10 EMA, if this candle appears and is followed by a bear candle is a sign for a SHORT, actually on your example we have 2 examples, one just after the other, both good signs for a short, obviously, always keep an eye on the TDI direction and confirmation.

The opposite, the same happens, also on your example and on the previous NYO we have a BEAR Pinbar CANDLE just ABOVE the 10 EMA and followed by a BULL Candle, signs for a LONG, for longs ofyen it can be seen BULLBEAR candles followed by the BULL candle.

This on the M15 TF, on the HTF, if the same happens, it can be a good ride.

You can always check and look for these Pinbar candles on the your TF´s, anyone.

If you look also on the EJ trade, what candles are in there just before the drop??? ans: bull pinbar candles.

Take care

Helee
4 traders viewing now