Hi VNFX and everyone,I have been studying this system for the past one year,thought i knew it but i was not seeing it yet.After a long time finally i came to the conclusion that this system is just about trading PINBARS in the 10 ema with a nice SLOPE, in the direction of the trend. Hi experienced traders,If you were to explain this system in a few words what would it be, what do you look at everyday when you open your platform to trade. thanks for your replys.
Ignored
Hi Philemon123,
I'm still struggling with consistency though I've tried to stick to mainly ARJUN CANDLE entries. It's not the pin bar entries as you showed in your charts. You can make a comparison for yourself with the below posts by LE1 on Arjun candles: 2,854; 3,707; 4,376; 4,539; 4,615; 4,915; 5,105; 5,291; 5,332; 5,941; 5,982; 6,858; 6,978; 8,460; 8,923;9,558; 16,506; 16,656;
Also we need to feel the market conditions such as AU recently very choppy and not good for the method.
Please correct me if something wrong.
{quote} Dear robuk, Ideally, in a smooth trending market condition, green must cross red above yellow for long and green cross red below yellow for short. However, in case of choppy or ranging and then strong momentum occurs, green cross red happens above the yellow and also cross the yellow at the same time with the candle close below 10EMA (for short signal) as illustrating in one of the LE1 chart hereunder. {image}
{quote} Hi Philemon123, I'm still struggling with consistency though I've tried to stick to mainly ARJUN CANDLE entries. It's not the pin bar entries as you showed in your charts. You can make a comparison for yourself with the below posts by LE1 on Arjun candles: 2,854; 3,707; 4,376; 4,539;...
Ignored
thanks VNFX for the reply.the posts with arjuan candles are really helpful.
Sorry for the losers. It's always easy to talk after the fact. I don't know you want to hear comments for your trades or not BUT I think it would be useful for newbies if I give some remarks based on my study so far.
EU entry was a bit too late. According to basic rules, we should not take the entry on EU when the price is already far away from 10EMA and also red news coming/just released. TDI cross happened 3 bars before and also very close to 68 level ( sorry, I don't know much about TDI).
AU entry was against the H1 trend (50EMA still going up). But if you want to risk for a scalp then it should be at the close of Arjun candle (2 bar before your entry) then it would be a BE trade coz it still move down +11pips.
{quote} Dear brother philemon123, Sorry for the losers. It's always easy to talk after the fact. I don't know you want to hear comments for your trades or not BUT I think it would be useful for newbies if I give some remarks based on my study so far. EU entry was a bit too late. According to basic rules, we should not take the entry on EU when the price is already far away from 10EMA and also red news coming/just released. TDI cross happened 3 bars before and also very close to 68 level ( sorry, I don't know much about TDI). AU entry was against...
Another simple system - Time-Frame 15
