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Another simple system - Time-Frame 15

  • #24,981
  • Jul 24, 2015 6:37am Jul 24, 2015 6:37am
H1 u/cad....I have been waiting for this...1.3065 just broken ..waiting for a close now
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the cautious seldom err....C
  • #24,982
  • Jul 24, 2015 6:44am Jul 24, 2015 6:44am
what made it pop up so suddenly...not that I am complaining..anyone know?
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the cautious seldom err....C
  • #24,983
  • Jul 24, 2015 6:46am Jul 24, 2015 6:46am
Meihk, your n/u shorts are super dooper
the cautious seldom err....C
  • #24,984
  • Jul 24, 2015 6:52am Jul 24, 2015 6:52am
Quoting emmanuel7788
{quote} Hi, I don't know how you want to short at the high unless you are scalping for a few pips. Where do you place your SL when you want to short today? It just broke out of the D WRB range, so the next target is 1.5500 BRN. Buy the dips.
i short at 1.50670. it went down but i only got 9 pips after moving sl down.
  • #24,985
  • Jul 24, 2015 7:03am Jul 24, 2015 7:03am
Quoting pips29
Meihk, your n/u shorts are super dooper
thanks for the hint wouldnt have made the reentry with out you. i also shorted eu and gu, i see both are in D leg or 3rd wave.
  • #24,986
  • Jul 24, 2015 7:04am Jul 24, 2015 7:04am
I will be taking some off around the 50 level which is about 15 pips away from here..As it's Friday it's always good to fill your pocket for the weekend
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #24,987
  • Jul 24, 2015 7:12am Jul 24, 2015 7:12am
gu daily.....price is approaching the 61.8 fib according to my chart and where I drew the fibs from..If it breaks, the 78.6 will be the last defence and the thickest brick wall imo
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #24,988
  • Jul 24, 2015 7:45am Jul 24, 2015 7:45am
Quoting pips29
gu daily.....price is approaching the 61.8 fib according to my chart and where I drew the fibs from..If it breaks, the 78.6 will be the last defence and the thickest brick wall imo {image}
thanks i think today news will bring it down to that level.
  • #24,989
  • Jul 24, 2015 9:25am Jul 24, 2015 9:25am
I will take whatever the market gives...on a Friday .... 1/2 out
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #24,990
  • Jul 24, 2015 9:31am Jul 24, 2015 9:31am
will close out this position ..not going to keep over the weekend
Attached Image (click to enlarge)
Click to Enlarge Name: oil15.png Size: 60 KB
the cautious seldom err....C
  • #24,991
  • Jul 24, 2015 9:54am Jul 24, 2015 9:54am
Quoting pips29
will close out this position ..not going to keep over the weekend {image}
almost there
Attached Image (click to enlarge)
Click to Enlarge Name: oil15.png Size: 57 KB
the cautious seldom err....C
  • #24,992
  • Jul 24, 2015 10:54am Jul 24, 2015 10:54am
Quoting pips29
I will take whatever the market gives...on a Friday .... 1/2 out {image}
trade closed
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.png Size: 57 KB
the cautious seldom err....C
  • #24,993
  • Jul 24, 2015 11:05am Jul 24, 2015 11:05am
went long and now at b/e....just playing around with demand
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the cautious seldom err....C
  • #24,994
  • Jul 24, 2015 11:16am Jul 24, 2015 11:16am
Quoting pips29
{quote} almost there {image}
mission accomplished...47.95 (sub 48)......
Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: oil15.png Size: 48 KB
the cautious seldom err....C
  • #24,995
  • Jul 24, 2015 6:21pm Jul 24, 2015 6:21pm
I love wicks http://t.co/Ei9oIVr6DI
the cautious seldom err....C
  • #24,996
  • Jul 25, 2015 12:05pm Jul 25, 2015 12:05pm
Quoting pips29
just pondering where the monthly candle will end (A/U monthly) {image}
the monthly chart a week later
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the cautious seldom err....C
  • #24,997
  • Jul 25, 2015 12:07pm Jul 25, 2015 12:07pm
N/U monthly chart
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the cautious seldom err....C
  • #24,998
  • Jul 25, 2015 5:12pm Jul 25, 2015 5:12pm
this one caught my eye and I am looking to trade it up...below are the weekly and daily charts. First, the weekly which closed with a bueb and a break of the upper tl..Though price has made a LH I reckon a challenge and test of the LH is forthcoming. We now look at the daily and you can see HH and HL. The break of the most recent high confirms a HL. We now wait for a HH on the daily and therefore the LH on the weekly would be the target
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eadaily.png Size: 60 KB
the cautious seldom err....C
  • #24,999
  • Jul 25, 2015 7:34pm Jul 25, 2015 7:34pm
Quoting pips29
this one caught my eye and I am looking to trade it up...below are the weekly and daily charts. First, the weekly which closed with a bueb and a break of the upper tl..Though price has made a LH I reckon a challenge and test of the LH is forthcoming. We now look at the daily and you can see HH and HL. The break of the most recent high confirms a HL. We now wait for a HH on the daily and therefore the LH on the weekly would be the target {image} {image}
nice analysis on this pair. im also interested to see how how price will move from this break of HTF TL, ill be taking some trade from this pair too. i enjoy reading the article you post, ive learned so much from it and im still reading the tread everyday when i have a chance but not even half way done.
thanks for sharing pips29.
  • #25,000
  • Jul 26, 2015 12:28am Jul 26, 2015 12:28am
Quoting Hercs
Hello Emmanuel7788, Significant 7788 there, isn't it. In the days that I was actively trying to get my head around this method, there was so much hype that some people did not "have the time or is it inclination" to answer a very simple question that I posted. Everyone participated in drawing arrows (after the fact) indicating the long spikes from whence the trade should be taken, etc. I am the first to admit that I have always believed that the M-15 TF has the most false signals and therefore I was more than cautious after 12 years of trading experience....

Hello Hercs,

Got your PM and sorry that I missed this post and did not reply you.

My comments on your chart posted.

Attached Image (click to enlarge)
Click to Enlarge Name: Hercs post GBPUSD M15 25-7-2015 8-11-32 AM.png Size: 254 KB


Also see X-man' post on the trampoline puzzle. That's is the answer why man A is the answer.

http://www.forexfactory.com/showthre...01#post8391901

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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