DislikedToday: EA -30 pip, GJ +21 pip I hope tomorrow will be a nice day {image} {image}Ignored
the cautious seldom err....C
Another simple system - Time-Frame 15
- #26,221
- Dec 1, 2015 9:51pm Dec 1, 2015 9:51pm
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #26,223
- Dec 2, 2015 5:10am Dec 2, 2015 5:10am
{quote} On EA, price was under the 200 MA, and the trend was down, so you should only be looking for shorts--according to the original rules. Did you mean to take a countertrade? Are you using TDI? Just offering my 2 cents.
Tks for your advice. Next time, I will more attention
- #26,231
- Dec 3, 2015 2:16am Dec 3, 2015 2:16am
I would just like to say thank you Loveevery1 for showing us this system, i've only been trading for 2 months so still very noob, i did try a live account but lost half, then back on to a demo account until i find a system that works for me and guess what i think i've found that system, it's very simple just foolow the rules and stick to them, i'm beginning to understand it and getting decent pips in now. once i feel confident in trading i'll go back to my live account.
Hope to see you posting some charts of your trades here
- #26,232
- Dec 3, 2015 2:51am Dec 3, 2015 2:51am
{quote} Can you tell me what was your reason to short GU? I see a big red pin bar closed below the 200 ema at London open and the pin bar you shorted on couldn't close above 200ema. But 2 bars later there were 2 pin bars above 200ema. I did not expect that price would go down from that level you shorted at. What was your analysis to take the short trade?
This short GU, in 4h TF, trend down, price under 10ema, so I think price will continue go down.
In TF 15M, pinbar close under 10ema and 200ema, bar later close not cross 10ema, so I make order. 2 pinbar later close above 200ema but not creat HL, HH. Anyway, I feel lucky when news release and price continue go down.
Hope can help you, bro
- #26,233
- Dec 3, 2015 3:13am Dec 3, 2015 3:13am
{quote} Sorry for late reply, This short GU, in 4h TF, trend down, price under 10ema, so I think price will continue go down. In TF 15M, pinbar close under 10ema and 200ema, bar later close not cross 10ema, so I make order. 2 pinbar later close above 200ema but not creat HL, HH. Anyway, I feel lucky when news release and price continue go down. Hope can help you, bro
- #26,239
- Dec 4, 2015 2:12am Dec 4, 2015 2:12am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
