Another simple system - Time-Frame 15

this morning trade on oil (5 min) EDIT: stopped out

took 1/6 off and stop at b/e

oil looking bullish

This is the best way of trading you can come across, Arjun may God bless him, I had lost faith in the market before i found this thread some time ago, I forced myself to understand this strategy, and it made me love to trade again. Its funny arjun used to say alot when you SEE, and its very true, once you start using this you wil see new things you never did before, you will see how its unbelievable that the market does the same things day after day, week after week, its like playing a video game till you get really good that your always winning without much effort, that is this strategy. I would say in my opinion and at its simplest trading is all about "touches".

May the universe bless you all.

did not trade until nfp was over . Have been busy this morn. I took a trade yesterday with g/u which was stopped out this morn. I took two positions with g/u at around the 78.6 fib. level of the bullish daily candle of the 2nd of this month. I believe the last retracement level is the 78.6 after which the up move has ended. Will take one position off before the close.I also took longs on G/A and E/A

closing more and leaving some for target or higher. Have a nice weekend..logging off

Just want to say that I've really enjoyed this topic so far - I'm just getting into this strategy now (started live yesterday after I felt comfortable testing for a while) and can happily say that in those two days I've pulled in 214 pips using this strategy.

Thanks to everyone on this forum and I look forward to trading with you more.

- Taylor

My first trade with this system.

this morning/today trades so far

hello can u please send me the system i would like to try it also

gu hit stop and au manually taken out for +4. Only e/u and ecad left

just gone long on G/u again and G/a with tight stop..Final trades for the day. Still have E/U and E/Cad

target hit for e/u and taken all profit on e/cad. Most recent g/u long moving nicely with 1/4 taken off.. G/a just got stopped out for -28..Logging off..GL

Can anyone explain the system, please? I've bee going back a few pages, but I see no explanation. And the charts posted by pips29 are not using HA, like in the first post. So, the strategy is the same as in post number 1, or it is altered?

I'm personally using the instructions from the first several pages of the thread and it seems to work well for me.

wellcome ..you said absolutely correct ..i really miss Arjun.....

catalin, I don't think you have read enough of this thread. I have followed this thread and many others since the beginning and have read this thread many times over. One of the reasons I do not have HA on the chart is because I am unable to see the ohlc of the candle. I also place importance to the formation of the candle (pinbar,doji etc) rather than the colour of HA. I incorporate Dow theory in my decision and p.a. You will find that eventually a lot of the traders formerly on this thread turn to just using normal candlesticks and some did not even use the TDi .However, I think I can safely say most or nearly all who trade this method are still using the moving averages. The gist of this method is to trade away from the ma. Trading towards the 200 ema would be considered a CT trade. You will be safer to trade away from the 200 for the start until you are more experienced. Fellow trader, Meihk took a trade this morning and I would think he has made some green pips. The trade was taken when price was rejected and ended up below the 10 ema and away from the 200 ema. At the time of entry the 10 ema was sloping downwards and the tdi was pointing down too. The trade ended well for him. There will be a lot more of the same or similar situation and you just have to train your eyes to see these things. All the best in learning this method

can anybody tell me whats 'ADR'?

ADR means average daily range

I took this trade from same pair(gbpcad) today.