Another simple system - Time-Frame 15 | Page 1203 | Forex Factory

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Another simple system - Time-Frame 15

  • #24,041
  • Jun 12, 2015 10:00am Jun 12, 2015 10:00am
Quoting jeank
jovyfx stay with the thread and practice practice and practice, you will see things coming , please have an eye on TMS thread ( trading made simple thread) , very very good thread with Emmanuel7788 showing and explaining many stuff. OK I SHOW YOU MY GBPCAD TRADE , do i need to be out right now ? {image}
hey Jean, Im here to stay, no worries at all. Im in no hurry to push for it, but will learn it slow and steady.

I definitely followed the TMS method as well, way earlier and did read through its content. Will certainly keep an eye on TMS as well.

thank you and good luck.

regards,
JovyFX
  • #24,042
  • Jun 12, 2015 10:11am Jun 12, 2015 10:11am
anyone trading the GU now??? some nice Entries.
  • #24,043
  • Jun 12, 2015 10:46am Jun 12, 2015 10:46am
TheScorpS and MrAussieFX thank you for ur presence we are waiting ur post .
  • #24,044
  • Jun 12, 2015 10:50am Jun 12, 2015 10:50am
My GBPCAD FROM YESTERDAY , 97 pips gain
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-06-12 15_47_45-.png Size: 85 KB
  • #24,045
  • Jun 12, 2015 10:58am Jun 12, 2015 10:58am
Long GBPJPY from yesterday 75 pips gain
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-06-12 15_55_06-.png Size: 96 KB
  • #24,046
  • Jun 12, 2015 11:38am Jun 12, 2015 11:38am
ok see yastop for the week i take a rest
  • #24,047
  • Jun 12, 2015 1:05pm Jun 12, 2015 1:05pm
Quoting jeank
My GBPCAD FROM YESTERDAY , 97 pips gain {image}
Nice profits Jean. Both the trades went through a lot of chop. But good one.
  • #24,048
  • Jun 12, 2015 1:07pm Jun 12, 2015 1:07pm
Quoting catalin_eros
{quote} Hello, XerxesR! May I have the TDI you are using, please? Mine does not show the BB. And just curious about this: have you been consistent in trading Dean Malone's method and had consistent profits? I am trying to test both Malone's method, and the Japanese candles with EMAs without TDI method. Thanks in advance!

Catalin, you just need to change the color parameters, to obtain the BB for the TDI. It will be the same as XerxesR.
  • #24,049
  • Jun 12, 2015 1:28pm Jun 12, 2015 1:28pm
Quoting soprano-
{quote} Thanks Nik, I understand so really theres no point opening the 4HR and Daily charts to check the direction because we have those EMA on the 15M chart is this correct in your view?
Soprano, I guess this is what one needs to follow, so will DEMO it from Monday onwards, to see if this works. Anyone interested in this, please try and add your inputs. SENIORS, please correct if any discrepancy or anything wrong. This scenario is ONLY FOR AWAY TRADES and NOT CT`s.

STEP 1: See where the PRICE is in relation to 10/200EMA (not 800) on DAILY TF. (above 10/200 OR below or in-between the 2 EMA`s)

If PRICE is either ABOVE OR BELOW these EMA`s, GOOD. If the PRICE is sideways, wait till it takes direction either above OR below both the 10/200 EMA`s.

STEP 2: See where the PRICE is in relation to 10/200/800 EMA on 4HR TF. (above 10/200/800 OR below or in-between the 3 EMA`s)

If PRICE is either ABOVE OR BELOW these EMA`s, GOOD. If the PRICE is sideways, wait till it takes direction either above OR below the 10/200/800 EMA`s.

Your Trading Bias or Trading direction for the Day is formed as per the PRICE in the above scenario`s on D/4HR TF.


STEP 3: Come down to the 15 TF, only for ENTRIES, based on the D/4HR Bias. Again, if your Bias based on the higher TF is BUY, wait for PRICE to close ABOVE 10EMA, and BELOW 10 EMA for SELL.

Hope this is useful and the information is correct. Any corrections or additions are welcome.


regards,
Jovy FX
  • #24,050
  • Jun 12, 2015 1:41pm Jun 12, 2015 1:41pm
Quoting jovyfx
{quote} Soprano, I guess this is what one needs to follow, so will DEMO it from Monday onwards, to see if this works. Anyone interested in this, please try and add your inputs. SENIORS, please correct if any discrepancy or anything wrong. This scenario is ONLY FOR AWAY TRADES and NOT CT`s. STEP 1: See where the PRICE is in relation to 10/200EMA (not 800) on DAILY TF. (above 10/200 OR below or in-between the 2 EMA`s) If PRICE is either ABOVE OR BELOW these EMA`s, GOOD. If the PRICE is sideways, wait till it takes direction either above OR below both...
This is what Arjun said to do.
  • #24,051
  • Edited 2:01pm Jun 12, 2015 1:42pm | Edited 2:01pm
What are your favorite kind of trades with this system? These are my favorite below, Moving average crossover with pinbar at the round number.

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Click to Enlarge Name: 3.png Size: 20 KB


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All in the wicks guys.
  • #24,052
  • Jun 12, 2015 3:22pm Jun 12, 2015 3:22pm
Hi Pips29 - thanks for video - very nice function

Hi Catalin, no problem - TDI in attachment - have fun This TDI is original Arjun TDI - I only went through functions (reading Malones manual) and changed it if it helps - try using my template.
About using Malones method - I have found it about 6 days ago, today is 3 day of testing - so can't comment about it's profitability so far.

Todays trade was really great: 98+98+98+28=322 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 8.jpg Size: 180 KB
Attached File(s)
File Type: mq4 TDI Red Green.mq4   9 KB | 443 downloads
File Type: tpl Demo L 150612.tpl   11 KB | 329 downloads
  • #24,053
  • Jun 12, 2015 4:33pm Jun 12, 2015 4:33pm
Quoting XerxesR
Hi Pips29 - thanks for video - very nice function Hi Catalin, no problem - TDI in attachment - have fun This TDI is original Arjun TDI - I only went through functions (reading Malones manual) and changed it if it helps - try using my template. About using Malones method - I have found it about 6 days ago, today is 3 day of testing - so can't comment about it's profitability so far. Todays trade was really great: 98+98+98+28=322 pips {file} {file} {image}

Xerxes, 320 PIPS a day, that too in testing, awesome results man, really. Keep it up.
Good Luck and keep refining.

happy weekend.
JovyFX
  • #24,054
  • Jun 12, 2015 4:34pm Jun 12, 2015 4:34pm
Quoting soprano-
{quote} This is what Arjun said to do.
  • #24,055
  • Jun 12, 2015 4:35pm Jun 12, 2015 4:35pm
Quoting soprano-
What are your favorite kind of trades with this system? These are my favorite below, Moving average crossover with pinbar at the round number. {image} {image} {image} {image} All in the wicks guys.
These are nice ones and HIGH probability Trades, I like it. Nice work.
  • #24,056
  • Jun 12, 2015 5:06pm Jun 12, 2015 5:06pm
Quoting XerxesR
Hi Pips29 - thanks for video - very nice function Hi Catalin, no problem - TDI in attachment - have fun This TDI is original Arjun TDI - I only went through functions (reading Malones manual) and changed it if it helps - try using my template. About using Malones method - I have found it about 6 days ago, today is 3 day of testing - so can't comment about it's profitability so far. Todays trade was really great: 98+98+98+28=322 pips {file} {file} {image}
You are most welcome but I think you got your pip count wrong . If I am not mistaken, I think you meant 32 pips
the cautious seldom err....C
  • #24,057
  • Jun 12, 2015 5:38pm Jun 12, 2015 5:38pm
Quoting pips29
{quote} You are most welcome but I think you got your pip count wrong . If I am not mistaken, I think you meant 32 pips


A "pip" is the smallest increment in any currency pair. Check my previous post with chart and calculate TP-BuyPrice. Also I use 0,1 volume, so yes - I earned just 32 $ today
Or am I mistaken?

http://www.forex-training.com/pip.htm
  • #24,058
  • Jun 12, 2015 6:22pm Jun 12, 2015 6:22pm
Quoting XerxesR
Hi Pips29 - thanks for video - very nice function Hi Catalin, no problem - TDI in attachment - have fun This TDI is original Arjun TDI - I only went through functions (reading Malones manual) and changed it if it helps - try using my template. About using Malones method - I have found it about 6 days ago, today is 3 day of testing - so can't comment about it's profitability so far. Todays trade was really great: 98+98+98+28=322 pips {file} {file} {image}

From page 58 onwards is Dean Malone's supposedly trade result statistics. Please take note of Arjun's advice, only take TDI crosses below the yellow MBL line. Also, if the tdi green over red crossing occurs below the yellow MBL line AT or BELOW the 50 level the higher the probability of the trade running longer (for a SHORT position and Vice Versa).
  • #24,059
  • Jun 12, 2015 6:25pm Jun 12, 2015 6:25pm
Quoting XerxesR
{quote} A "pip" is the smallest increment in any currency pair. Check my previous post with chart and calculate TP-BuyPrice. Also I use 0,1 volume, so yes - I earned just 32 $ today Or am I mistaken? http://www.forex-training.com/pip.htm
XerxesR......a pip is .0001 In your chart posted you sold e/u @1.12223 and took profit @1.12125 giving you .00098. Since 1 pip is .0001 your profit in pips is 9.8 pips and with a 10,000 investment (.1 of a std lot which is 1 mini-lot) a pip is worth a unit of 1 (the base currency you are trading in, i.e if you are using US $ then it is $1 /pip)..I hope I explain properly as I am not good in explaining
the cautious seldom err....C
  • #24,060
  • Edited 3:44am Jun 13, 2015 2:52am | Edited 3:44am
Hey there, guys!
To Jovy: thanks, mate, but unfortunately, that was not the issue. Colors were set, and still BB weren't there. A bug, probably...
To Xerxes: thanks, mate! It is just the one I downloaded when I first started reading this thread. The weird thing is that as soon as I downloaded and plotted the one from your attachment (although it is the same), it worked like charm.

Thank you very much for replying and trying to help, guys!
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