Another simple system - Time-Frame 15 | Page 1147 | 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

  • #22,921
  • Mar 15, 2015 1:34pm Mar 15, 2015 1:34pm
Quoting jeank
I told you that if i do reentry , my target would be 1.0550 right ? ok i think target reached , thanks Loveevery1.
i really like the way you take your trades with this method,can you kindly send me your templates and the indication i like the colour of your chat,thanks
  • #22,922
  • Mar 15, 2015 1:43pm Mar 15, 2015 1:43pm
Quoting jeank
I told you that if i do reentry , my target would be 1.0550 right ? ok i think target reached , thanks Loveevery1.
can you please send me this your setup,the template and the indicator, i really like the set up thanks
Attached Image (click to enlarge)
Click to Enlarge Name: setup.png Size: 248 KB
  • #22,923
  • Mar 16, 2015 5:09am Mar 16, 2015 5:09am
Quoting DarioSantor
Hello. I'm a rookie in forex and this strategy is the most appealing to me. Just want to know if this is a valid setup: {image}
Hi there buddy
How are you ?
I cant see the setup on your chart could you please mark it and ill tell you if it was valid

Use monosnap or greenshot software to take pictures of the charts and mark the charts
X-man the legendary conqueror of markets
  • #22,924
  • Mar 16, 2015 5:34am Mar 16, 2015 5:34am
Hi guys,

this morning I try to do that ......

1TP till ema 200 ....
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadmicro-m15-trading-point-of.png Size: 137 KB
A small profit is better than a big minus...
  • #22,925
  • Mar 16, 2015 8:01am Mar 16, 2015 8:01am
Tulis

The price action and downward sloping 10EMA are right for an entry, but you took the trade towards the 200EMA, not away from it. Price was also quite close leaving little room to get a decent R:R. Looks like price took a firm bounce off the 200 and hasn't looked back.

If you check the other higher TF's you'll see both daily and 4H are bullish, so a short on thsi pair would certainly be classed as counter-trend. CT trades are OK, for those with greater experience & confidence to take them ( I am not including myself!). To my eye a perfect example of a CT trade was around 23 candles earlier, where price closed through a BRN and the 10EMA in the same candle and TDI green hooked down under red.

It's very easy to analyse these trades after the event, so please don't take my comments as anything but constructive, we're all here to learn.

It's great to see this thread come back to life, I was around when it went crazy hundreds and hundres of pages ago and for reasons I cannot remember deviated away from this method and obviously failed, so am now back with it, working hard to pick the right trades and get some consistency.

Cheers
Getting there, slowly but surely...
  • #22,926
  • Mar 16, 2015 8:03am Mar 16, 2015 8:03am
Quoting X-Man
{quote} Hi there buddy How are you ? I cant see the setup on your chart could you please mark it and ill tell you if it was valid Use monosnap or greenshot software to take pictures of the charts and mark the charts
Hi X-man. As a new member my posts have to be verified before being visible so its easier for me to tell you that the setup, in my opinion, was formed in the last 15 minutes of the chart.Tell me your opinion.
  • #22,927
  • Mar 16, 2015 9:05am Mar 16, 2015 9:05am
just following the 10 ema...enter after the candle broke thru' the 200 and 10 ema after testing the 34..had taken 1/2 out with the rest at b/e
Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 56 KB
the cautious seldom err....C
  • #22,928
  • Mar 16, 2015 9:30am Mar 16, 2015 9:30am
Hi all , i was absent ; i was busy. To trade you need to be in front of your screen and be focus to really read the price action in a good way. I will send you the indies and the template . Its not mine , i took it from this thread. green pips all
  • #22,929
  • Edited 9:57am Mar 16, 2015 9:31am | Edited 9:57am
gbp/usd short

Edit: the price go up becouse usd news was bad ....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-m15-trading-point-of.png Size: 143 KB
A small profit is better than a big minus...
  • #22,930
  • Mar 16, 2015 10:11am Mar 16, 2015 10:11am
Quoting commander365
{quote} can you please send me this your setup,the template and the indicator, i really like the set up thanks {image}

Yes, Pls share with me also the setup pf the indicator & temple. Thanks
  • #22,931
  • Mar 16, 2015 11:15am Mar 16, 2015 11:15am
Here we are , template + indi.
Attached File(s)
File Type: tpl arjun basic template.tpl   714 KB | 511 downloads
File Type: mq4 TDI_RT.mq4   9 KB | 465 downloads
File Type: ex4 TDI_RT.ex4   5 KB | 424 downloads
  • #22,932
  • Mar 16, 2015 11:36am Mar 16, 2015 11:36am
Hi Tulis , thanks again to be there . We are here to learn. PUT THE 50 EMA ON YOUR 15MN template and go to the 5 mn you will see why the price stop at 1.4769. Support becoming resistance at 1.4769 + confluence. And when london began they were buying around this level. Easy to explain after the fact , but we are to learn, right ?
  • #22,933
  • Mar 16, 2015 11:39am Mar 16, 2015 11:39am
Oh sorry Tulis , i want to say resistance becoming support around 1.4769. Sorry again.
  • #22,934
  • Edited 4:28pm Mar 16, 2015 12:15pm | Edited 4:28pm
Quoting X-Man
{quote} ...I haven't changed a thing to how I traded here except my experience with charts are way more. The trick is to stay with one system for 10 000 hours and you will see how good you can read the market. Because the same things happen all the time over and over. To get better and better is to have experience (chart time) ... with only one system and for me its this one. If you look at xmans super simple system, trading made simple and another simple system they all work almost the same. ...You will see it , not straight away but eventually...
It's just great to see your posts again!

If anyone needs something to raise their morale and make them feel that this is all worth while, I suggest reading X-Man's posts going way back! Never has he said anything other than "you can do it!"
  • #22,935
  • Mar 16, 2015 12:23pm Mar 16, 2015 12:23pm
Quoting jeank
Here we are , template + indi. {file} {file} {file}
Thanks for the share, im new to these.. I try read as much as possible & will try it on my acc.
Thanks once again
  • #22,936
  • Mar 16, 2015 5:00pm Mar 16, 2015 5:00pm
Quoting tulis
gbp/usd short Edit: the price go up becouse usd news was bad .... {image}

Always ask yourself which of the market trend you want to trade.
Trade away from the 50EMA and away from the 200EMA. Make sure there is room for quick TP of at least 20 pips.


Attached Image (click to enlarge)
Click to Enlarge Name: Market Trends M15.png Size: 372 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #22,937
  • Mar 16, 2015 5:10pm Mar 16, 2015 5:10pm
I see some potential opportunities to trade GBPUSD M15 this week.
We need to be patient and wait for the price action to show us the way.
Always pay attention to the H1 and H4.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD M15 week 12 16 to 20 Mar.jpg Size: 328 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #22,938
  • Mar 16, 2015 7:44pm Mar 16, 2015 7:44pm
Two trades done Tokyo open.
Both are bearish price price patterns seen moving away from the 200EMA, 50EMA with the TDI confirming the momentum.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD M15 trade 17 Mar.jpg Size: 128 KB


Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY M15 trade 17 Mar.jpg Size: 140 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #22,939
  • Mar 16, 2015 9:32pm Mar 16, 2015 9:32pm
Quoting emmanuel7788
I see some potential opportunities to trade GBPUSD M15 this week. We need to be patient and wait for the price action to show us the way. Always pay attention to the H1 and H4. {image}
Dear Em7788,
Great to see you back for teaching and advising to newbies.
All the best to you.
Rgds.
Accept as it is being!
  • #22,940
  • Mar 17, 2015 3:57am Mar 17, 2015 3:57am
Quoting mary4x
{quote} It's just great to see your posts again! If anyone needs something to raise their morale and make them feel that this is all worth while, I suggest reading X-Man's posts going way back! Never has he said anything other than "you can do it!"
Thank you mary4x
Yes and I still believe that if a person puts his mind to this forex he can do it.
It gets easier and easier
We just have to have patience and push forward.
But we have to push forward in the right direction.

Its like opening a door. If the sign on the door says pull then no matter how much we push it wont open.
We will get exhausted and quit.
But if we just pull the door it will open with the least amount of effort.

Keep the trading as simple as possible.
The cleaner and simpler the charts then better WE SEE
X-man the legendary conqueror of markets
27 traders viewing now