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Another simple system - Time-Frame 15

  • #23,001
  • Mar 19, 2015 5:23pm Mar 19, 2015 5:23pm
Quoting pips29
just following the 10 ema..1/2 out {image}
Hi Pips29, could you please clarify for me.

The EMAS:

Purple = 200
Red = 34
bluish green teal = EMA 10

Am I right? Thanks
  • #23,002
  • Mar 19, 2015 5:48pm Mar 19, 2015 5:48pm
This system is great eh!
I use a 12 moving average but same idea as this for short term scalps it's one that actually works - Sure hope everyone is have a great go with it - scoop those pips baby!
  • #23,003
  • Mar 19, 2015 6:11pm Mar 19, 2015 6:11pm
Quoting Shadownet
{quote} Hi Pips29, could you please clarify for me. The EMAS: Purple = 200 Red = 34 bluish green teal = EMA 10 Am I right? Thanks
Shadownet....you are spot on with the emas
the cautious seldom err....C
  • #23,004
  • Mar 19, 2015 7:31pm Mar 19, 2015 7:31pm
Quoting pips29
{quote} Shadownet....you are spot on with the emas
I hope you can help me. Could you please clarify what kind of reaction you look for between Price and EMA 34? I've read the earlier posts that it's the TDI's MBL, but I don't understand how it could be useful on the Price chart? Thank you.
  • #23,005
  • Mar 19, 2015 8:01pm Mar 19, 2015 8:01pm
Quoting Shadownet
{quote} I hope you can help me. Could you please clarify what kind of reaction you look for between Price and EMA 34? I've read the earlier posts that it's the TDI's MBL, but I don't understand how it could be useful on the Price chart? Thank you.
It's a matter of preference I guess. I use the 34 instead of the 50 and the method here is to trade away from the emas. It is kinda support/resistence and I watch for a bounce. When this happens, I will watch for price to break the 10 which is the signal to enter. Pleas bear in mind I will also look at how the candle forms as well. I hope you are clear now
the cautious seldom err....C
  • #23,006
  • Mar 19, 2015 9:20pm Mar 19, 2015 9:20pm
Quoting gbmcgee
{quote} Emmanuel7788, I tried to locate your RN indicator in the uploader section, but was unable to locate it. I have an indicator, but it prints lines all across the charts. If the one you use is not proprietary, would you please share? Thanks, GB.

Hi,

That indicator name is BN Levels v1.02.
You can download that in the Trading Made Simple thread post#22,389 [click].

You can set the parameters in the indicator properties to suit what you want to see on your charts.
I recommend for M15 trading that you set the levels 00,25,50,75 - these will show a good visual the number of pips on the vertical price scale.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,007
  • Mar 19, 2015 9:28pm Mar 19, 2015 9:28pm
Moving Averages

It won't make significant difference whether you use 10,50,100,200 EMAs or 12,34,89,...EMAs.
What is more important is to look at the price bars/candlesticks for the Price Action around these EMAs.

The Average Price Bars APB or the Heiken Ashi HA colour change is a rule for the trade setup decision. The size of the APB/HA candle body size matters.

Also the use of the TDI full version with the yellow MBL is important when we trade lower the lower timeframes exatly what we do in this M15 thread.

Trading is visual and we do not use any signal indicator here to generate the trade signals.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,008
  • Mar 19, 2015 9:40pm Mar 19, 2015 9:40pm
Quoting emmanuel7788
{quote} Hi, That indicator name is BN Levels v1.02. You can download that in the Trading Made Simple thread post#22,389 [click]. You can set the parameters in the indicator properties to suit what you want to see on your charts. I recommend for M15 trading that you set the levels 00,25,50,75 - these will show a good visual the number of pips on the vertical price scale. regards,
Emmanuel7788, I should have known to check there, because I was following your TMS posts when Eelfranz was still with us. Eelfranz was a wonderful and kind man that I will always remember for his unselfish and generous giving. Thanks for the feedback on the RN indicator. As a matter of fact E7788, you have always been very generous in sharing your time and knowledge with all...you seem to have an innate ability for FX trading. Thanks for all that you do for us, GB.
  • #23,009
  • Mar 20, 2015 3:46am Mar 20, 2015 3:46am
Quoting DarioSantor
I'm a bit scared to take trades today as all my usual pairs are out of the ADR. Do you guys usually take that risk?
well when my pairs are out of adr before the London session can start then i usually look for reversals when then london markets open.
This dont happen all the time but it happens most of the time
X-man the legendary conqueror of markets
  • #23,010
  • Mar 20, 2015 3:51am Mar 20, 2015 3:51am
Quoting jeank
Thanks to my God. HE told me that my target will be reache . Thats how i hold the trade. +56 pips on GU. {image}
very nice trade
Its abit of a late entry for me but very nice
X-man the legendary conqueror of markets
  • #23,011
  • Mar 20, 2015 3:52am Mar 20, 2015 3:52am
Quoting jeank
I m sure that one day i could predict all the move at 100 % , i m not far. With the help of God who told me that i will demystifie the forex . Im not far from , believe me. X-MAN. It will take the time but i will be there.
well i will wait for that day. the way you are trading now it looks like you already predicting 100%
You are a master here
X-man the legendary conqueror of markets
  • #23,012
  • Mar 20, 2015 3:54am Mar 20, 2015 3:54am
Quoting mary4x
{quote} Hi, Jean. I'm not clear enough in my trading plan to venture a post/chart. I've been around FF for a long time, but not actively trading. My time to be involved is very limited. Maybe, someday... I hope you're feeling better.
you will get better at your trading if you post because then the people that are already making profit here will help you out on the places or trades you went wrong.
Thats how i improved my trading.
I posted so much that arjun helped me out and showed me.
I learnt so much by posting
X-man the legendary conqueror of markets
  • #23,013
  • Mar 20, 2015 3:56am Mar 20, 2015 3:56am
Quoting pips29
{quote} Shadownet....you are spot on with the emas
hi buddy
could you explain why are you using the 34ema?
what makes you use that?
I use the 10 , 50 , 200 and 800 just like what they use in this thread.
X-man the legendary conqueror of markets
  • #23,014
  • Mar 20, 2015 4:03am Mar 20, 2015 4:03am
Quoting emmanuel7788
Moving Averages It won't make significant difference whether you use 10,50,100,200 EMAs or 12,34,89,...EMAs. What is more important is to look at the price bars/candlesticks for the Price Action around these EMAs. The Average Price Bars APB or the Heiken Ashi HA colour change is a rule for the trade setup decision. The size of the APB/HA candle body size matters. Also the use of the TDI full version with the yellow MBL is important when we trade lower the lower timeframes exatly what we do in this M15 thread. Trading is visual and we do not use...
Ok pip 29 i understand now why you use the 34ema rather than 50ema.

I agree here completely with emmanuel about using the full TDI when trading the 15min tf and lower.
if you trade the 1H tf and higher then you dont really need mbl.
X-man the legendary conqueror of markets
  • #23,015
  • Mar 20, 2015 4:13am Mar 20, 2015 4:13am
Quoting loveevery1
It is indeed this simple...i never wanted to post these charts...as most of the folks here will come up with lot of questions...this requires more training...I'm posting this only for experienced traders...Newbies plz dont even think about it.... This is how i analyse Down or up...just keep practicing for 6 months and you will get it.... {image} {image} {image}
Does anyone here understand this post of Arjuns

All the answers are in this thread but interpretation is KEY
X-man the legendary conqueror of markets
  • #23,016
  • Mar 20, 2015 4:18am Mar 20, 2015 4:18am
Quoting loveevery1
The Golden Goose...with EGGS.... {image}
Arjun found this
who else thinks they found it?
did he lie or tell us the truth?
To me i think he told us the truth but others here will disagree
That we will only know when we SEE
X-man the legendary conqueror of markets
  • #23,017
  • Mar 20, 2015 4:20am Mar 20, 2015 4:20am
Quoting loveevery1
{quote} Dear sister...There is no strict answer to these questions.i would have shorted when the price touched the 800ema for the 1st time and got rejected.i have posted these charts in advance several time and have taken it... But the question was where was the move confirmed? This is based on what i see....When the price approaches the HTF ema 800ema(powerful) we naturally expect the price to bounce off it...so we look for shorts. Keeping this in MIND.we need to look for a perfect place to enter.This is what i see...and its not only for this.i...
What about this? Do you guys know?
X-man the legendary conqueror of markets
  • #23,018
  • Mar 20, 2015 4:22am Mar 20, 2015 4:22am
Quoting loveevery1
Only when the Hand is closed....it appears as if there is something inside...it.... But when the same thing is opened ...there is nothing in it... IM very poor at explaining. {image} {image}
If you understand this post you will understand everything.
Arjun didnt say things for the sake of saying it .
what ever he said meant something.
LOOK LOOK LOOK.
then you will SEE
X-man the legendary conqueror of markets
  • #23,019
  • Mar 20, 2015 4:26am Mar 20, 2015 4:26am
who follows these steps here?
or do we just open the 15min TF to trade.
Attached Image (click to enlarge)
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X-man the legendary conqueror of markets
  • #23,020
  • Mar 20, 2015 4:52am Mar 20, 2015 4:52am
Thanks X-MAN , you are the Man , all is here . We need to think about it during some hours.
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