Another simple system - Time-Frame 15

Quoting Jackub

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{quote} Oooopss....! it happened to me number of times.... now I remember...

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Quoting Xhale

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{quote} Trading around news is where all the money is. Don't fear volatility. Your trade didn't fail because of the news. Your trade failed because you shorted at support.

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Quoting thaihoc

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{quote} {image} is this support on daily chart what you mean? I'm a newbie.. super newbie... THis is a second lesson today. watch carefully the support and resistence.

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Quoting Jackub

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{quote} Xhale had in mind this one I suppose, this is a one of the monthly OHLC {image}

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Quoting thaihoc

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{quote} i use daily chart and it looks the same level 1.530 with your chart . and i have one question. oh two Can u show me what is OHLC? and how recognise that? thanks Juckup

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Quoting thaihoc

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{quote} i use daily chart and it looks the same level 1.530 with your chart . and i have one question. oh two Can u show me what is OHLC? and how recognise that? thanks Juckup

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Quoting Jackub

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{quote} Open, High, Low, Close... of the monthy candle... price levels of the monthly open, high, low and close {image}

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Quoting thaihoc

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{quote} Thanks for your knowledge. you are so kind to newbie.

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Quoting Jackub

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{quote} I am a newbie too..... You know why..?? look at the chart below... I didnt close rest of 25% at S/R MN OHLC, which previously was mine TP, i didn't notice divergency, also telling the price will go back... two serius reason to close it, third reason, one green candle closed ABOVE 10EMA -- how many pips I could save?? You can easly noticed that I am newbie too.... watch this {image}

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Quoting thaihoc

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{image} i traded but i forgot the news. so this is a lesson. Dont trade before a red new???? REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER REMEMBER

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Quoting Helee

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{quote} Hello thailoc, My piece of advice, as Xhale said, you sold on support, if you look to the left, you don't have to go to far to month or even weeks support, M15 TF also shows support that you cant see on bigger TF, look also for divergence on the indicators.... Apologies for using your picture to illustrate the idea. Take care Helee {image}

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Quoting Tok

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Jackub, I make profit some days, and then end up giving it all back within a day. Nothing I learn seems to work.. I've read everything, yet I still fail. I spend so many hours a day reading things, reading charts, and all for nothing.. What do I do... Can you please teach me to trade like you do? Perhaps mentor me? And can you please post your template? Thank you.

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Quoting Jackub

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Newbie,s trading station..... ? {image}

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Quoting Jackub

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{quote} Tok, I do believe you spent a lot of time on studying markets, books and articles... You say make profits some days , and giving it up later on..... this is a proces we all were going through, still all we have better days and worse days.... Trading is the same profession as any other profession and can not be learned with in three months, to be consistent, to be pro trader you need years, and if nothing worked up for you so far it means only you are not a "wonder kid" be able to do miracles with in few months of trading... many traders...

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Quoting ghpk

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{quote} Hey Jackub, Excellent setup, looks more like operating in a God Mode.... is this your owned Trading Station. How many CPU's drive this setup ? Also such a excellent system would need to be guarded 24x7 to avoid disturbance from visitors, if any.

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