Another simple system - Time-Frame 15 | Page 1246 | Forex Factory

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Another simple system - Time-Frame 15

  • #24,901
  • Jul 23, 2015 1:19am Jul 23, 2015 1:19am
Quoting Davit
{quote} While its important to understand S/R levels strong fundemetal factor can shutter any SR or lagging indicators /oscillators MA's {image}
i feel some time price goes different ways of fundamental news. i would like to know whats your opinion on it?
  • #24,902
  • Jul 23, 2015 1:25am Jul 23, 2015 1:25am
Big movement at the London opening today. I didn't manage to control my fear and step out to soon on GU. Not wanting to do the same mistake, I just set up a trailing stop on EU and let it run - it proved to be more profitable.
GU early exit
Attached Image (click to enlarge)
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EU probably early exit but better than GU
Attached Image (click to enlarge)
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Overall, I'm happy.
Thanks for the lesson, Loveevery1
Using the RobotFX EAs for a while https://www.robotfx.org/
  • #24,903
  • Jul 23, 2015 1:40am Jul 23, 2015 1:40am
Quoting Meihk
{quote} i feel some time price goes different ways of fundamental news. i would like to know whats your opinion on it?
Best not trade before or after 30min of news.
On Higher TF everything moves fundamentally example Feds keep announcing IR hike followed by Carney and oil dropping Canadian Aussie NZD dropping.You see it kind of makes sense.
You can choose higher TF trading or Lower.Higher TF expect big draw downs since trends can go into corrections.Most retail traders don't have the equity necessary to stay in a big trend hence why most like lower TF. LTF requires precision entry.
That's all
In trading, you have to be defensive and aggressive at the same time
  • #24,904
  • Jul 23, 2015 2:19am Jul 23, 2015 2:19am
Quoting thaihoc
{quote} i couldnt find your entry? could you show me? thanks
My entry is clearly shown. The time of entry is also stated and there is a line that shows the point of entry plus a green arrow which means trade is in profit
the cautious seldom err....C
  • #24,905
  • Jul 23, 2015 2:22am Jul 23, 2015 2:22am
Quoting thaihoc
i just looking for a short this pair because of this? is that okie for new guy like me? {image}
I would not short until a LL is made ..the wicks at the bottom are telling you something
the cautious seldom err....C
  • #24,906
  • Jul 23, 2015 2:28am Jul 23, 2015 2:28am
Quoting Helee
{quote} Man B, off course What's your idea ?
I would tell you the answer but i dont see that anyone wants to learn.
If traders here were prepared to put in the time to really learn then most of those questions that are asked will be answered by their learning process.

If people dont lay a proper foundation to their learning then no matter what questions they ask they will still not understand.
I can understand if arjun was still here then people could ask him directly because dont you think he knew best why certain works.
but unfortunately he is not in this thread anymore so how do we know we will get the right answers from me or anyone thats here in the thread since after arjun left.
so thats why we should learn the posts when he was posting and take that learning experience and apply it to the now situation.

Helee i appreciate you taking the time to answer.
The answer is A.
lol you must be thinking im crazy.
Whoever think its man B then thats why we still not mastering this system yet.
now that you know the answer tell me why its man and why did you choose man B.

see i can give everyone the answers to everything. but does the answers make sense? NO it doesnt.
that goes for this strategy also.
i can or am giving the answers to it all. but still so many dont understand.
X-man the legendary conqueror of markets
  • #24,907
  • Jul 23, 2015 2:31am Jul 23, 2015 2:31am
Quoting catalin_eros
{quote} Hi, X! So you would trade a live candle as soon as it gets rejected, but it is not closed yet? Did I get it right?
when you can trade this strategy with your eyes closes then you take the live candles.
but since we are all learning we take the candles that close.

one mans junk is another mans treasure.
one charts live candle is another charts closed candle.
X-man the legendary conqueror of markets
  • #24,908
  • Jul 23, 2015 2:33am Jul 23, 2015 2:33am
Quoting davit
{quote} not good idea to short at support!watch pa please! {image}
yes, my trade is take sloss.
I will pay attendtion at your point, watch ppa
TRy my best to learn
  • #24,909
  • Jul 23, 2015 2:33am Jul 23, 2015 2:33am
I took this trade after stumbling out of bed and not realising there is UK red news in half an hour. The pink area is actually the 1 hour where price was rejected previously. I took this to mean strong resistence and it looks like it actually is. Anyway ,I have locked in at b/e+ on the remaining 1/4
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #24,910
  • Jul 23, 2015 2:37am Jul 23, 2015 2:37am
This thread is getting busy again lol.
it was so quiet before that this thread almost disappear.
Lets see where it goes to from here.
X-man the legendary conqueror of markets
  • #24,911
  • Jul 23, 2015 2:43am Jul 23, 2015 2:43am
I took a long on u/cad on the daily after the day closed bullish. On the 4 hour chart here there are 2 pink lines (S/R)..The stop is wider in line with the time frame I am on. Anyway, I re-entered on the 4 hour as I believe a bounce near/at the 34 will occur as it is still bullish overall..Let's see how this progresses
Attached Image (click to enlarge)
Click to Enlarge Name: ucad4h.png Size: 55 KB
the cautious seldom err....C
  • #24,912
  • Jul 23, 2015 2:46am Jul 23, 2015 2:46am
had taken 1/6 out of oil trade. I am still targeting sub 48
Attached Image (click to enlarge)
Click to Enlarge Name: oilh1.png Size: 54 KB
the cautious seldom err....C
  • #24,913
  • Jul 23, 2015 3:33am Jul 23, 2015 3:33am
Quoting X-Man
{quote} I would tell you the answer but i dont see that anyone wants to learn. If traders here were prepared to put in the time to really learn then most of those questions that are asked will be answered by their learning process. If people dont lay a proper foundation to their learning then no matter what questions they ask they will still not understand. I can understand if arjun was still here then people could ask him directly because dont you think he knew best why certain works. but unfortunately he is not in this thread anymore so how do...
hello x-man. i would thought be B too, but let try see it from your point of view. A is going up and when it jump it will bounce higher than where B man is and when B man fall it bounce lower because price going down and will only go lower after its bounce.
  • #24,914
  • Jul 23, 2015 3:35am Jul 23, 2015 3:35am
Quoting pips29
I took this trade after stumbling out of bed and not realising there is UK red news in half an hour. The pink area is actually the 1 hour where price was rejected previously. I took this to mean strong resistence and it looks like it actually is. Anyway ,I have locked in at b/e+ on the remaining 1/4 {image}
nice trade you make it look so easy seem like you take some trade in asian time and hold it for a long time.
  • #24,915
  • Jul 23, 2015 3:50am Jul 23, 2015 3:50am
Quoting X-Man
{quote} when you can trade this strategy with your eyes closes then you take the live candles. but since we are all learning we take the candles that close. one mans junk is another mans treasure. one charts live candle is another charts closed candle.
Yes, sure it is...

On LTF many candles close before a single candle closed on HTF´s.

  • #24,916
  • Jul 23, 2015 3:52am Jul 23, 2015 3:52am
Quoting X-Man
This thread is getting busy again lol. it was so quiet before that this thread almost disappear. Lets see where it goes to from here.
Yes,

Thanks to pips29 ,He really fuelled this thread, when nobody was posting.. He kept posting on His own.

I take may hat for Him.
  • #24,917
  • Jul 23, 2015 4:02am Jul 23, 2015 4:02am
Quoting X-Man
{quote} I would tell you the answer but i dont see that anyone wants to learn. If traders here were prepared to put in the time to really learn then most of those questions that are asked will be answered by their learning process. If people dont lay a proper foundation to their learning then no matter what questions they ask they will still not understand. I can understand if arjun was still here then people could ask him directly because dont you think he knew best why certain works. but unfortunately he is not in this thread anymore so how do...

Hahahahaha, common X-man.

You conditioned my brains with your question, your scenario as a man A or B jumping on a trampoline, obviously man B will bounce higher because has more momentum and gravity does the rest.

But your question is not really about a man jumping but momentum of PA bouncing on MAs, for that I will have answered man A, its actually like a 123 pattern or a cross and retest on the MA.

Correct?

Also understand what you saying about people not wanting to lean, as no answers to your questions were given a few of those have been missed, because you noticed that there were no efforts. Its a pity, that was a good question and a good tip... but, passed in blank, no one noticed.

Newbies must grab the chances when someone like you and of your knowhow are willing to teach and contribute to help on their path.

thx
  • #24,918
  • Jul 23, 2015 4:15am Jul 23, 2015 4:15am
Quoting Davit
{quote} Best not trade before or after 30min of news. On Higher TF everything moves fundamentally example Feds keep announcing IR hike followed by Carney and oil dropping Canadian Aussie NZD dropping.You see it kind of makes sense. You can choose higher TF trading or Lower.Higher TF expect big draw downs since trends can go into corrections.Most retail traders don't have the equity necessary to stay in a big trend hence why most like lower TF. LTF requires precision entry. That's all
i do get lucky on news some time and pips reward are awesome not with big lot. thanks for sharing.
  • #24,919
  • Jul 23, 2015 4:22am Jul 23, 2015 4:22am
Quoting Helee
{quote} Yes, sure it is... On LTF many candles close before a single candle closed on HTFs.
X-man the legendary conqueror of markets
  • #24,920
  • Edited 4:37am Jul 23, 2015 4:24am | Edited 4:37am
Quoting Helee
{quote} Hahahahaha, common X-man. You conditioned my brains with your question, your scenario as a man A or B jumping on a trampoline, obviously man B will bounce higher because has more momentum and gravity does the rest. But your question is not really about a man jumping but momentum of PA bouncing on MAs, for that I will have answered man A, its actually like a 123 pattern or a cross and retest on the MA. Correct? Also understand what you saying about people not wanting to lean, as no answers to your questions were given a few of those have...
Now your answer is much better.
Sometimes traders trade 123 or fibbs etc.
we dont even know all that but we will trade it successfully.
like some traders will say they trade 123 setups right then you will get other traders trading the 10ema or whatever ema bounce
they will mostly get the same setup
even the guy thats trading fibbs will get almost the same setup.
so in that area there will be traders looking at their different strategies but all will be buying or selling at almost the same time.
this is the confluence of the strategies.
X-man the legendary conqueror of markets
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