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Another simple system - Time-Frame 15

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  • Post #26,361
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  • Dec 15, 2015 2:28pm Dec 15, 2015 2:28pm
  •  Helee
  • Joined Nov 2012 | Status: Member | 544 Posts
Quoting Pipsninja
Disliked
Next One. {image}
Ignored
Maybe something like this is easier to explain........ and for explanation
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  • Post #26,362
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  • Dec 16, 2015 1:28am Dec 16, 2015 1:28am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
Quoting Pipsalon
Disliked
That were some great posts Pipsninja!Must reads Rest of the day I will continue to read the posts of Loveevery1 again, since there is a lot of red news today.
Ignored
Thanks Pipsalon and also a very nice GJ trade
Trading can't be taught but it can be learned
 
 
  • Post #26,363
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  • Dec 16, 2015 1:31am Dec 16, 2015 1:31am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
Quoting Helee
Disliked
{quote} It seems I missed those good posts of yours. Don't know how, thx
Ignored
Thanks Helee.
Trading can't be taught but it can be learned
 
 
  • Post #26,364
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  • Dec 16, 2015 1:35am Dec 16, 2015 1:35am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
We have got a ton of RED NEWS today so I am giving myself the day off. I don't want to lose any of my gains
Trading can't be taught but it can be learned
 
 
  • Post #26,365
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  • Dec 16, 2015 1:39am Dec 16, 2015 1:39am
  •  priceaction7
  • Joined Oct 2013 | Status: Almost there...... | 182 Posts
Quoting Pipsninja
Disliked
We have got a ton of RED NEWS today so I am giving myself the day off. I don't want to lose any of my gains
Ignored
Good idea..i think
 
 
  • Post #26,366
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  • Dec 16, 2015 8:11am Dec 16, 2015 8:11am
  •  pips29
  • Joined Aug 2012 | Status: Member | 17,105 Posts
took profits on these shorts
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the cautious seldom err....C
 
 
  • Post #26,367
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  • Dec 16, 2015 8:20am Dec 16, 2015 8:20am
  •  pips29
  • Joined Aug 2012 | Status: Member | 17,105 Posts
this was taken after LO and I waited for price to go below the DOL for entry...took 2 pips only
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the cautious seldom err....C
 
 
  • Post #26,368
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  • Dec 16, 2015 8:56am Dec 16, 2015 8:56am
  •  Pipsalon
  • | Joined Nov 2014 | Status: Member | 481 Posts
Quoting pips29
Disliked
this was taken after LO and I waited for price to go below the DOL for entry...took 2 pips only {image}
Ignored
Hi Pips29
Nice trades
Can you tell why the DOL is important? I saw that trading away from the DOL is used in another thread as well.
LE1 never discussed it in this thread.
 
 
  • Post #26,369
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  • Dec 16, 2015 9:38am Dec 16, 2015 9:38am
  •  Pipsalon
  • | Joined Nov 2014 | Status: Member | 481 Posts
-11 pips on AU. Short at the bounce from Week10 ema and RN. Thought that price would go down because there is a lot of resistance above.
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  • Post #26,370
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  • Dec 16, 2015 11:55am Dec 16, 2015 11:55am
  •  pips29
  • Joined Aug 2012 | Status: Member | 17,105 Posts
oil trade closed with profits
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the cautious seldom err....C
 
 
  • Post #26,371
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  • Dec 16, 2015 11:59am Dec 16, 2015 11:59am
  •  pips29
  • Joined Aug 2012 | Status: Member | 17,105 Posts
closed this as well
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the cautious seldom err....C
 
 
  • Post #26,372
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  • Dec 16, 2015 12:03pm Dec 16, 2015 12:03pm
  •  pips29
  • Joined Aug 2012 | Status: Member | 17,105 Posts
stuck here...hopefully can close in profit before fomc
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the cautious seldom err....C
 
 
  • Post #26,373
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  • Dec 16, 2015 1:16pm Dec 16, 2015 1:16pm
  •  pips29
  • Joined Aug 2012 | Status: Member | 17,105 Posts
Let's see how this chart looks like after fomc (dollar H4)
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the cautious seldom err....C
 
 
  • Post #26,374
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  • Dec 16, 2015 1:25pm Dec 16, 2015 1:25pm
  •  pips29
  • Joined Aug 2012 | Status: Member | 17,105 Posts
Quoting Pipsalon
Disliked
{quote} Hi Pips29 Nice trades Can you tell why the DOL is important? I saw that trading away from the DOL is used in another thread as well. LE1 never discussed it in this thread.
Ignored
to be honest, I really do not know the reason..I reckon it has do with market sentiment. It's like saying trade away from the 10 ema...It's not a "must" but better to do so..Perhaps someone who knows can post here so we all know
the cautious seldom err....C
 
 
  • Post #26,375
  • Quote
  • Edited 3:29am Dec 17, 2015 2:35am | Edited 3:29am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
Due to volatility that we experienced yesterday, I am reducing the number of my trades today.

Here is a chart posted by Loveevery1 (LE1) on Oct 1, 2012. Deep behind enemy lines
Attached Image
Trading can't be taught but it can be learned
 
 
  • Post #26,376
  • Quote
  • Dec 17, 2015 2:39am Dec 17, 2015 2:39am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
AU M5 short trade, this one is for Pipsalon
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Name: AUDUSDcsfxM5.png
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Trading can't be taught but it can be learned
 
 
  • Post #26,377
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  • Dec 17, 2015 2:53am Dec 17, 2015 2:53am
  •  Pipsalon
  • | Joined Nov 2014 | Status: Member | 481 Posts
Quoting Pipsninja
Disliked
AU M5 short trade, this one is for Pipsalon {image}
Ignored
Awesome
 
 
  • Post #26,378
  • Quote
  • Dec 17, 2015 2:57am Dec 17, 2015 2:57am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
Quoting Pipsalon
Disliked
{quote} Awesome
Ignored
Thanks, trading into tight spaces is risky
Trading can't be taught but it can be learned
 
 
  • Post #26,379
  • Quote
  • Edited 3:31am Dec 17, 2015 3:15am | Edited 3:31am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
UC M5 long trade, why did I take this trade when Zone 1 (resistance) was so close (traffic ahead) and aimed for Zone 2 as my target? Fundamentals trump technical analysis, it was due to weak Oil prices and strong UC. Was there a possibility for this trade to fail when trading such a small TF using Fundamental reasons? Absolutely YES

There is a lot more going into trading decisions than just a few simple rules
Attached Image (click to enlarge)
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Name: USDCADcsfxM5.png
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Trading can't be taught but it can be learned
 
 
  • Post #26,380
  • Quote
  • Edited 3:31am Dec 17, 2015 3:17am | Edited 3:31am
  •  Pipsninja
  • Joined Nov 2011 | Status: Member | 749 Posts
UJ short M5 trade, momentum was too strong and just punched through the lower yellow zone.
Attached Image (click to enlarge)
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Name: USDJPYcsfxM5.png
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Trading can't be taught but it can be learned
 
 
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