Another simple system - Time-Frame 15 | Page 1118 | Forex Factory

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Another simple system - Time-Frame 15

  • #22,341
  • Sep 8, 2013 7:57pm Sep 8, 2013 7:57pm
Quoting pkimnyc
{quote} it's up to you. but, if you focus only on daily and 4 hr then you get lesser trading opportunities.

ya, agree about it.

so can u giv advice about the stop loss?

TQ
Today's You was Your previously Thought.
  • #22,342
  • Sep 8, 2013 7:58pm Sep 8, 2013 7:58pm
Quoting pkimnyc
{quote} short answer is... no.
ok, thanks for your reply. make me more clear.

tq
Today's You was Your previously Thought.
  • #22,343
  • Sep 8, 2013 8:18pm Sep 8, 2013 8:18pm
Quick trade, EUR/JPY +34 pips
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  • #22,344
  • Sep 9, 2013 1:47pm Sep 9, 2013 1:47pm
Quoting justinforex
{quote} ya, agree about it. so can u giv advice about the stop loss? TQ
you've been around 4 yrs... you should know the answer.
  • #22,345
  • Sep 9, 2013 9:06pm Sep 9, 2013 9:06pm
have taken 3 trades on USDCAD 15 min GBPUSD 15 min and AUDUSD 15 min. well so how it goes. strat looks very interesting and i am excited to see how it plays out.
He who knows when he can fight and when he cannot, will be victorious.
  • #22,346
  • Sep 12, 2013 2:24am Sep 12, 2013 2:24am
Quoting pkimnyc
{quote} you've been around 4 yrs... you should know the answer.
u are right, i should know the answer but in fact a 4 years registered id doesn't mean i hav 4 years experienced about forex. i had fail and giv up b4 now i try start to learn again.

i ask those question coz i really don't know and not confidence with it.

it is ok if u feel don't want to answer it.

anyways, thanks.
Today's You was Your previously Thought.
  • #22,347
  • Sep 12, 2013 3:10am Sep 12, 2013 3:10am
Quoting justinforex
{quote} u are right, i should know the answer but in fact a 4 years registered id doesn't mean i hav 4 years experienced about forex. i had fail and giv up b4 now i try start to learn again. i ask those question coz i really don't know and not confidence with it. it is ok if u feel don't want to answer it. anyways, thanks.
Please feel no offense, but this kind of question is a so basic, and discused here number of times. Easiest way is to check with Babypips school, you will find there very good knowledge about trading. Just you have to put some work in it.
If you did not read this, maybe you will find interesting what I posted here some time ago, writen by Kenneth Lee, "Romancing the stop".
Best regards
JacekPreserve Precious Capital
  • #22,348
  • Sep 12, 2013 5:01am Sep 12, 2013 5:01am
EUR/JPY +33pips quick trade
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  • #22,349
  • Sep 12, 2013 11:55am Sep 12, 2013 11:55am
Quoting justinforex
{quote} u are right, i should know the answer but in fact a 4 years registered id doesn't mean i hav 4 years experienced about forex. i had fail and giv up b4 now i try start to learn again. i ask those question coz i really don't know and not confidence with it. it is ok if u feel don't want to answer it. anyways, thanks.
couple of things to note for yourself, imo:

1. why did your previous approach fail? and what have you learned from it?

2. every trade you place associates certain amount of risk no matter how rock solid the trading opportunity appears.

risks that associate with trades differ from each individuals. that doesn't mean the same applies to you.

example: i typically like 10-20 pips each trade i enter, and i like catching tops and bottoms, not necessarily the ultimate tops and bottoms. my approach to sl is based on candle activity and formation along with few other things. in most cases, after stops are cleared. if you don't know how to spot those then i would suggest don't even try it.

the so called "system" from this thread preaches very different than what i do. you get in at the middle and at the end of the move. hence, r:r calculation is very different.

does that mean i win every time and my way is better? no. you just need to stick with what's comfortable for you. know your risk and reward.
see if it makes sense first before entering any trade is what i do. hope this helps.
  • #22,350
  • Sep 13, 2013 12:43am Sep 13, 2013 12:43am
Is this a good plan..?

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any comment... please?
JacekPreserve Precious Capital
  • #22,351
  • Sep 13, 2013 6:54am Sep 13, 2013 6:54am
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Smile, Breath, and Go slowly
  • #22,352
  • Sep 13, 2013 7:36am Sep 13, 2013 7:36am
Quoting Jackub
Is this a good plan..? {image} any comment... please?
where is the support jackub? that should give you an answer.
  • #22,353
  • Sep 13, 2013 7:51am Sep 13, 2013 7:51am
Hi,

Master Arjun classic trade, as usual...
always and always the same story...
(of course my SL was at BE before N.Y big news)

GU
+40

Peace
dom
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Attached Image
  • #22,354
  • Sep 13, 2013 11:39am Sep 13, 2013 11:39am
Quoting pkimnyc
{quote} where is the support jackub? that should give you an answer.
Well, seems to me I mared 1.3220...?
JacekPreserve Precious Capital
  • #22,355
  • Sep 13, 2013 12:05pm Sep 13, 2013 12:05pm
Quoting Jackub
{quote} Well, seems to me I mared 1.3220...?
we can only trade what we see and believe mate.
  • #22,356
  • Sep 14, 2013 12:28am Sep 14, 2013 12:28am
Quoting pkimnyc
{quote} couple of things to note for yourself, imo: 1. why did your previous approach fail? and what have you learned from it? 2. every trade you place associates certain amount of risk no matter how rock solid the trading opportunity appears. risks that associate with trades differ from each individuals. that doesn't mean the same applies to you. example: i typically like 10-20 pips each trade i enter, and i like catching tops and bottoms, not necessarily the ultimate tops and bottoms. my approach to sl is based on candle activity and formation...
hi pk,

thanks for your advice and comments. will take notes about it.

tq
Today's You was Your previously Thought.
  • #22,357
  • Sep 14, 2013 12:34am Sep 14, 2013 12:34am
Quoting Jackub
Is this a good plan..? {image} any comment... please?
Attached Image (click to enlarge)
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this is the reasons behind right?

tq
Today's You was Your previously Thought.
  • #22,358
  • Sep 14, 2013 12:42am Sep 14, 2013 12:42am
Quoting justinforex
{quote} {image} this is the reasons behind right? tq
Attached Image (click to enlarge)
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look at last week candle highest point...it also locate around that area.

jus another view.

tq
Today's You was Your previously Thought.
  • #22,359
  • Sep 14, 2013 2:01am Sep 14, 2013 2:01am
Quoting kaka_ht
Gold:+300 pips,SL at BE now,target at 1200! {image}
Update:
+800 pips now!My target is still 1200!
  • #22,360
  • Sep 14, 2013 2:07am Sep 14, 2013 2:07am
Quoting justinforex
{quote} {image} this is the reasons behind right? tq
Yes Justinforex, it was my idea of strong key level...
beside this we had there big bids, lying on 1.3220 and 1.3230...
JacekPreserve Precious Capital
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