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Another simple system - Time-Frame 15

  • #24,521
  • Jul 9, 2015 1:34am Jul 9, 2015 1:34am
lost 10 pips on EU, i took another short at FO now waiting for LO.
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  • #24,522
  • Jul 9, 2015 1:46am Jul 9, 2015 1:46am
EU price bounce off daily 10 ema.
  • #24,523
  • Jul 9, 2015 2:31am Jul 9, 2015 2:31am
Quoting Meihk
lost 10 pips on EU, i took another short at FO now waiting for LO. {image}
why all these shorts when EU is above ema 200?
  • #24,524
  • Jul 9, 2015 2:33am Jul 9, 2015 2:33am
added long on the bounce off the 34 on the 15 min
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the cautious seldom err....C
  • #24,525
  • Jul 9, 2015 2:40am Jul 9, 2015 2:40am
Quoting tonny47
{quote} why all these shorts when EU is above ema 200?
EU PA on HTF is below the 200ema.
  • #24,526
  • Jul 9, 2015 3:01am Jul 9, 2015 3:01am
Quoting Meihk
lost 10 pips on EU, i took another short at FO now waiting for LO. {image}
What platform did you use my friend? how you can apply those indicator?
  • #24,527
  • Jul 9, 2015 3:31am Jul 9, 2015 3:31am
Quoting Awesometrade
{quote} What platform did you use my friend? how you can apply those indicator?
the platform is marketscope 2.0, im using TDI, 10, 34, 200, 800 ema and fractal indicator. please read the thread and train your eyes to see price action dont go in blind. stick with a pair and understand the price action.
  • #24,528
  • Jul 9, 2015 3:42am Jul 9, 2015 3:42am
Quoting emmanuel7788
{quote} my favorite PA is WRB and it works in all timeframes... {image} do we really need an indicator for ARJUN ARROW?

Just imagine i didnt even know about the wide range bars and the entries that i use are the wide range bar break out entries.
NIce.

the arjuna arrow is in our minds we dont need an indie for that.
the indie wont be able to pick up those signals at all.
but its mainly a pin candle on the 10ema
sometimes the pin is on the 10ema but the candles form wont be a pin candle when it closes, im not sure if that makes sense to everyone
X-man the legendary conqueror of markets
  • #24,529
  • Jul 9, 2015 3:50am Jul 9, 2015 3:50am
Quoting jovyfx
{quote} Brother X-Man, these are Sniper kill shots man. Extreme precision and perfect execution. what can i say? glad to know you are around in this thread. We all need you, very much. much respect and regards, As always, JovyFX
Yip these are sniper entries.
Im sure many of you will say it was a fail trade
yes it was a fail trade
did i know that when i showed the area of entry ? Nope i didnt know that at all
but was the SL at a place i could afford. yes ofcourse.

When you take a trade you must know these things :
1. What your setup looks like , why? because then you can get ready to enter (setups are based on randomness) because you wont know when the setup will happen
2. How to enter and where to enter. and not just random guessing entries. (entries are specific) this will always be something that you know will happen after the setup , if that specific thing DONT HAPPEN then you must say i will not enter.
3. Where you going to set your SL if the market decides to turn .
4. Where you going to set tp if the market decides to go in your favour.
X-man the legendary conqueror of markets
  • #24,530
  • Jul 9, 2015 3:53am Jul 9, 2015 3:53am
Quoting X-Man
{quote} Just imagine i didnt even know about the wide range bars and the entries that i use are the wide range bar break out entries. NIce. the arjuna arrow is in our minds we dont need an indie for that. the indie wont be able to pick up those signals at all. but its mainly a pin candle on the 10ema sometimes the pin is on the 10ema but the candles form wont be a pin candle when it closes, im not sure if that makes sense to everyone
hello x-man,

the wick of candle is on 10ema like this? its EU on the daily chart.
Attached Image
  • #24,531
  • Jul 9, 2015 3:54am Jul 9, 2015 3:54am
Quoting pips29
{quote} I would not short. Since we are trading the 15 min chart I would at least take a look at the 1 hour chart. Can you find a candle that has closed below the 10 ema? .Below is the 1 hour chart....if you gonna use the 10 ema, use it wisely {image}
Buddy spot on.
I know that you can see
X-man the legendary conqueror of markets
  • #24,532
  • Jul 9, 2015 3:58am Jul 9, 2015 3:58am
Quoting tonny47
{quote} why all these shorts when EU is above ema 200?
Yeah tonny exactly
just ask them that
The basic basic rule here in this thread is DO NOT trade against the 200ema

yes sometimes there will be lovely big moves against the 200ema .
THATS SOMETIMES. what about most of the time???
Most of the time price respects the 200ema .
so to have discipline trade away from the 200ema
X-man the legendary conqueror of markets
  • #24,533
  • Jul 9, 2015 4:01am Jul 9, 2015 4:01am
Quoting Meihk
{quote} hello x-man, the wick of candle is on 10ema like this? its EU on the daily chart. {image}
Yes buddy thats what im talking about

Another thing is that higher TF 10ema is stronger that lower TF 10ema .
Makes sense?
X-man the legendary conqueror of markets
  • #24,534
  • Jul 9, 2015 4:04am Jul 9, 2015 4:04am
Price is ready to go down, bouncing from the top. Your comment friends?
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  • #24,535
  • Jul 9, 2015 4:10am Jul 9, 2015 4:10am
Quoting X-Man
{quote} Yes buddy thats what im talking about Another thing is that higher TF 10ema is stronger that lower TF 10ema . Makes sense?
X-man thank you for confirming that. I'll do more back testing this weekend.
  • #24,536
  • Jul 9, 2015 4:20am Jul 9, 2015 4:20am
Quoting Meihk
{quote} hello x-man, the wick of candle is on 10ema like this? its EU on the daily chart. {image}
yes, meihk..a nice looking wick. good to know you use pa in your entry. However, take a look at the 1 hour and you will see price has been making HH and HL...once you get a confirmed LH I reckon you would get many more pips. Below is the daily chart and you can see the tl which I posted few days ago when I was shorting this pairt is still holding good...I have no position in this pair...I am concentrating on g/u (the only trade I have at the moment)
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the cautious seldom err....C
  • #24,537
  • Jul 9, 2015 4:24am Jul 9, 2015 4:24am
Quoting X-Man
{quote} Buddy spot on. I know that you can see
just barely. Hope all's well with you
the cautious seldom err....C
  • #24,538
  • Jul 9, 2015 4:29am Jul 9, 2015 4:29am
The major US pairs like a/u and n/u are also making HH and HL on the 1 hour..Please keep this in mind when trading the 15 minute..know your risk and let the profit take care of itself
the cautious seldom err....C
  • #24,539
  • Jul 9, 2015 4:32am Jul 9, 2015 4:32am
Quoting X-Man
{quote} Just imagine i didnt even know about the wide range bars and the entries that i use are the wide range bar break out entries. NIce. the arjuna arrow is in our minds we dont need an indie for that. the indie wont be able to pick up those signals at all. but its mainly a pin candle on the 10ema sometimes the pin is on the 10ema but the candles form wont be a pin candle when it closes, im not sure if that makes sense to everyone
It goes to show what you know is not important, it's what you do that matters
the cautious seldom err....C
  • #24,540
  • Jul 9, 2015 4:35am Jul 9, 2015 4:35am
Quoting Awesometrade
Price is ready to go down, bouncing from the top. Your comment friends? {image}
ok yeah you can be right .
now you tell me from this 4hour tf you see this happening
what do you do next? how will you go about entering this setup?
X-man the legendary conqueror of markets
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