Another simple system - Time-Frame 15 | Page 1303 | Forex Factory

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Another simple system - Time-Frame 15

  • #26,042
  • Nov 10, 2015 9:00am Nov 10, 2015 9:00am
Quoting Edlich
{image}{image}{image} These 3 make +32 so +40 for the day, not dazzling, but I'd take it as an average if I could GU turned out to be an over cautious 10 pip trail, and is now looking like it would have added more than +2 if I'd left it alone.
Hello Edlich, very nice trades! all your trades are with HTF trend, this is how LE1 traded with heavy lots. thank you for sharing it with us.
  • #26,043
  • Nov 11, 2015 2:23am Nov 11, 2015 2:23am
My one and only M5 trade for today.
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Trading can't be taught but it can be learned
  • #26,044
  • Nov 11, 2015 2:34am Nov 11, 2015 2:34am
Not a good start to today, I don't know why, despite telling myself not to, I often end up getting caught by a Frankie fake out, believing the last candle before LO is a good set up, where it normally is not. Greed !!!

4 trades, 1 winner 3 losers. Not too much wrong with the cable trade I don't think, albeit perhaps buying in to resistance on H4?

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Getting there, slowly but surely...
  • #26,045
  • Edited 3:15am Nov 11, 2015 2:45am | Edited 3:15am
Quoting Edlich
Not a good start to today, I don't know why, despite telling myself not to, I often end up getting caught by a Frankie fake out, believing the last candle before LO is a good set up, where it normally is not. Greed !!! 4 trades, 1 winner 3 losers. Not too much wrong with the cable trade I don't think, albeit perhaps buying in to resistance on H4? {image}{image}{image}{image}
Thanks for posting your winning and losing trades. This is a nice lesson (reminder) for all of us, Pre-London Open fakey. Would you please take that Banner off your charts? This could be deemed as advertising and you may be labeled as a commercial member. Happy Pipping.
Trading can't be taught but it can be learned
  • #26,046
  • Nov 11, 2015 4:05am Nov 11, 2015 4:05am
Quoting Edlich
Not a good start to today, I don't know why, despite telling myself not to, I often end up getting caught by a Frankie fake out, believing the last candle before LO is a good set up, where it normally is not. Greed !!! 4 trades, 1 winner 3 losers. Not too much wrong with the cable trade I don't think, albeit perhaps buying in to resistance on H4? {image}{image}{image}{image}
thanks for the charts and if I may say so, I feel more comfortable with a r:r of 1:2 or more. I believe you are on a 1:1..just my thoughts
the cautious seldom err....C
  • #26,047
  • Nov 11, 2015 4:10am Nov 11, 2015 4:10am
I will be posting less here as I am now trading the 4 hour according to the late big E's strategy in TMS..I am in this part of the world where following the time big E traded is not a problem. I will also trade the hourly
the cautious seldom err....C
  • #26,048
  • Nov 13, 2015 3:29am Nov 13, 2015 3:29am
Lets keep this thread going. Sniper shot on M5.
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Trading can't be taught but it can be learned
  • #26,049
  • Nov 13, 2015 3:41am Nov 13, 2015 3:41am
Quoting Pipsninja
Lets keep this thread going. Sniper shot on M5. {image}

you are not following the OP's M15 trade setups. you posted a M5 chart which shows you pick top and that is more luck than trading skills.

good luck!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,050
  • Edited 6:16am Nov 13, 2015 4:12am | Edited 6:16am
Quoting emmanuel7788
{quote} you are not following the OP's M15 trade setups. you posted a M5 chart which shows you pick top and that is more luck than trading skills. good luck!
LE1 traded M5 charts and posted his trades here. X-Man traded M5 charts and posted his trades here as well and so did a few other traders. I trade Bounces and Touches as was shown by them. I haven't invented anything new and just follow their teachings. I have posted +70 M5 trades on this thread. I post here because I have learnt a lot from this great thread. I had my AHA moment studying the M5 charts posted by great traders here. I don't trade this method on M15. My last posted trade is not picking tops, it is looking for an opportunity to go with the trend in the direction of the two EMAs and taking a Touch trade on 4 HR 10 EMA (taught here by LE1)!!!!!!

I used to trade the M5 like a maniac for up to 12 hours per day with a couple of 30 minute breaks here and there and it started to wear me out. Now, I have reduced the number of my trades on M5 to only one or at the most 2 per day while I also trade TMS M30 charts and do position trading. The M5 trading provides me with the opportunity to make some extra pips while I wait for my position building trades to mature. Your combative attitude and bullying towards certain traders on FF is becoming quiet irritable but I am not mad at you since I was taught at a young age to respect my elders.


Traders have posted H4 and H1 trades here and you don't have a problem with them? Is it because you trade H1 and H4 based on TMS so it is OK? But you have issues with my M5 trading?

What you consider luck I consider skill. If one can't scalp and someone else can, calling them lucky is very ignorant on you part. Cigarguy scalps the M5 with heavy lots with great success, so I guess he is lucky too! Unlike you, I don't feel the need for self importance. I have got to say that you have succeeded as you have in the past to run people off threads such as Phx62, lastingwell, Davit and many others.

I am going to stop posting on this thread and I hope Pips29, jeank, Meihk, Aneczka and other traders who trade this method keep on posting on this great thread for the benefit of others. Happy Pipping y'all.
Trading can't be taught but it can be learned
  • #26,051
  • Nov 13, 2015 4:28am Nov 13, 2015 4:28am
Quoting Pipsninja
{quote} LE1 traded M5 and posted his trades here. X-Man traded M5 and posted his trades here as well and so did a few other traders. I trade Bounces and Touches as was shown by them. I haven't invented anything new and just follow their teachings. I have posted +70 M5 trades on this thread. I post here because I have learnt a lot from this great thread. I had my AHA moment studying the M5 charts posted by great traders here. I don't trade this method on M15. I used to trade the M5 like a maniac for up to 12 hours per day with a couple of 30 minute...

Read post#1. It says M15. The setups is clearly explained.

What bullshit to say that I run people off threads. How did I do that? Care to explain?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,052
  • Edited 10:44am Nov 13, 2015 4:42am | Edited 10:44am
Quoting emmanuel7788
{quote} Read post#1. It says M15. The setups is clearly explained. What bullshit to say that I run people off threads. How did I do that? Care to explain?
Are you trading TMS based on Big E's (RIP) page one post one? Watch your language Emma. I don't want to drag this great thread into the toilet as you seem clearly ready to do. I am done corresponding with you. For the second time Emma (I made my previous post in BOLD:nerd:) I am done posting here. Now, keep on asking me questions!!!!

ADDITION, after reading your following post after this post: You can call me names, cast the first stone, I FORGIVE you.
Trading can't be taught but it can be learned
  • #26,053
  • Nov 13, 2015 4:56am Nov 13, 2015 4:56am
Quoting Pipsninja
{quote} Are you trading TMS based on Big E's (RIP) page one post one? Watch your language Emma. I don't want to drag this great thread into the toilet as you seem clearly ready to do. I am done corresponding with you. For the second time Emma (I made my previous post in BOLD:nerd:blush: I am done posting here. Now, keep on asking me questions!!!! Adio

Yes, I traded according to Post#1 but did not find it to give the R:R and Expectancy I want.
So I studied all eelfranz posts and focused on Post#261 and Post#647, worked hard forward testing trying to understand what he was saying in that two very important posts. I found my way and with my own money management strategy, I am so happy that I found my way to trading made simple. I achieved and maintain consistency in the R:R and expectancy I work for.

You had not answered my question: How did I run people off threads? You should have the decency to reply when you make such accusations online in a public forum.

"Honesty is a very expensive gift. You don't find it in cheap people" that's in my FF profile.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,054
  • Edited 11:24am Nov 13, 2015 9:07am | Edited 11:24am
You had not answered my question: How did I run people off threads? You should have the decency to reply when you make such accusations online in a public forum. "Honesty is a very expensive gift. You don't find it in cheap people" that's in my FF profile.[/quote]

I thought long and hard about this and decided to respond to your request.

Phx62- You started questioning his trades and saying that arrows on his posted trades didn't connect. Then you started questioning his use of the trade manager and saying that his settings didn't match his trades. Basically insinuating that he is a cheat and a fraud. He quietly left the TMS thread for good. Again you brought it up again recently and due to the request of other traders you deleted your disparaging posts regarding him.

lastingwell- You started bullying her regarding the use of extra indicators (MTF TDI) and she was brave enough to stand up to your bullying but stopped posting her trades on TMS for good. Your buddy snarlyjack,1,2,3.... throws indicators on TMS thread such as Guppy, Dots method, SDC indicator, No Problem!!!

Davit- Not a regular poster on TMS thread. You started making fun of him for relying on Pivots in his trading. He defended his trading philosophy and left. LE1 used pivots too!!!

If you can't read Price action, TMS nor any other trading system will turn you into a profitable trader.

To be continued......
Trading can't be taught but it can be learned
  • #26,055
  • Edited 10:45am Nov 13, 2015 9:19am | Edited 10:45am
[quote=emmanuel7788;8590173]{quote} Read post#1. It says M15. The setups is clearly explained.

Majority of trading systems in FF go through different phases and usually the thread starter updates the first post. LE1 didn't update post one much. The yellow line (MBL) missing on my TDI indicator was a very popular question back in the day as on the uploaded template it was missing. LE1 wanted to teach Price action trading with indicators and then started taking indicators off.

First image is how it all started, and then second image is how his charts looked later on. Followed by a few images of his M5 trading but he warned newbies of dangers of it as I have done on many occasions on this thread.

To be continued.....
Attached Images
Trading can't be taught but it can be learned
  • #26,056
  • Edited 2:12pm Nov 13, 2015 9:36am | Edited 2:12pm
Image is of my equity curve with a DD of almost 50% a couple of times, I was gambling. After trade number 126, I had my AHA moment thanks to this great thread.

It is true that the title of this thread is Another Simple Thread -Time-Frame 15. The M5 trading turned my trading around so I was excited to give back to this great thread. I didn't add any new shiny indicators like some people to this trading system and shared my understanding of trading the M5 based on what was shared here. I didn't force anyone to trade M5 charts. I am not claiming that everybody will achieve success by trading M5. If you can't trade the M15 method here successfully, by switching to the M5 trading isn't going to make you successful. You need to trade the TF and trading system that fits you best.

I got several pms regarding trading M15 since people found M5 rather difficult to trade. So I shared my understanding of LE1's trading rules on M15 and also provided images of his teachings. I didn't change nor improve anything here. I want to thank especially LE1, X-Man and all the great traders of this thread for all that they have shared. May God bless them all.

End of my rant and I will request admin to remove all my posts from this thread so Emmanuel7788 can feel like a winner (ego warrior). Unlike some people, I don't claim to be MR. KNOW IT ALL. I am still learning everyday and there is room for improvement. It is all here in this great thread for FREE! Love and respect to all my fellow traders.

Done.
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Trading can't be taught but it can be learned
  • #26,057
  • Nov 13, 2015 10:53am Nov 13, 2015 10:53am
Pipsninja
Thanks for posting in the manner LE1 would have wanted, I'd hate to see this thread degenerate into animosity as many do.
Could you please let me know how many (& which) pairs you watch for the M5 strategy you follow and if there are specific times of day. I know LE1 used to say that the best trades to take were during the first 2 hrs of LO (after avoiding FO for risk of frankie fake outs)?
Cheers
Getting there, slowly but surely...
  • #26,058
  • Edited 2:42pm Nov 13, 2015 11:15am | Edited 2:42pm
Quoting Edlich
Pipsninja Thanks for posting in the manner LE1 would have wanted, I'd hate to see this thread degenerate into animosity as many do. Could you please let me know how many (& which) pairs you watch for the M5 strategy you follow and if there are specific times of day. I know LE1 used to say that the best trades to take were during the first 2 hrs of LO (after avoiding FO for risk of frankie fake outs)? Cheers
M5 trading provides many trading opportunities throughout the day. One pair with low spread would be good enough. I started with EU and went to trade other pairs to show that this system works. I used to start from FO and sometimes even a little before due to experience but as LE1 used to say the first 2 hours of LO are best (especially when it comes to M15 trading). Will setups fail at times? Absolutely Yes.

I posted my first M5 trade on post #25,440. You may want to read my posts from there and go to the end, it won't take you too long. Explained the M5 trading on a series of posts from #25,632 forward. Made a correction to post #25,623 on post #25,787.
Trading can't be taught but it can be learned
  • #26,059
  • Nov 13, 2015 11:25am Nov 13, 2015 11:25am
Pipsninja,

I am very sorry. It must be something that I said which trigger something in your brain. If I had known, I would not have cause your this breakdown.
You need to have the mental fitness to keep growing that account equity curve trending nicely so don't let any thing in FF detract you. Just remind yourself why you are here in FF in the first place.

Have a Good Weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,060
  • Edited 2:42pm Nov 13, 2015 11:39am | Edited 2:42pm
Quoting emmanuel7788
Pipsninja, I am very sorry. It must be something that I said which trigger something in your brain. If I had known, I would not have cause your this breakdown. You need to have the mental fitness to keep growing that account equity curve trending nicely so don't let any thing in FF detract you. Just remind yourself why you are here in FF in the first place. Have a Good Weekend.
Well emmanuel7788, you asked for clarification and I served it to you on a hot platter. I was ready to let it go. First, you insulted my trading and now you accuse me of a breakdown. It amazing that you continue to insult me. Is this your best shot?

I just posted a simple M5 trade and then you showed up. I must have triggered something in you for you to pick a fight with me. Now, get back to your adoring fans or better yet go pick a fight with a newbie Mr. Ego Warrior. I FORGIVE YOU.
Trading can't be taught but it can be learned
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