Another simple system - Time-Frame 15 | Page 1329 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi time frame Simple MACD system 824 replies

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: Another simple system - Time-Frame 15
Exit Attachments

Another simple system - Time-Frame 15

  • #26,561
  • Jan 18, 2016 11:47am Jan 18, 2016 11:47am
Quoting FerinPatel
{quote} I like your template can u zip your indicators and template plz or send me via msg... thnx..
Here you go
Attached File(s)
File Type: ex4 BN Levels v1.02.ex4   15 KB | 462 downloads
File Type: mq4 CInfo v2.1.mq4   4 KB | 442 downloads
File Type: ex4 NewsCal-v107.ex4   29 KB | 388 downloads
File Type: ex4 Synergy_Pro_TDI.ex4   14 KB | 468 downloads
File Type: mq4 SimpleEMAv1.mq4   12 KB | 491 downloads
File Type: ex4 !SM_ADR Marker.ex4   12 KB | 416 downloads
File Type: tpl LE1+tdi.tpl   36 KB | 417 downloads
File Type: ex4 #Fibo Prev Day.ex4   8 KB | 414 downloads
  • #26,562
  • Jan 18, 2016 11:50am Jan 18, 2016 11:50am
Hi all GU trade for today
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-01-18 17_48_56-6747683_ FxPro.com-Demo01 - Compte Démo - [GBPUSD,M15].png Size: 66 KB
  • #26,563
  • Jan 18, 2016 11:53am Jan 18, 2016 11:53am
AUDUSD 29 pips gain. Luky.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-01-18 17_52_35-6747683_ FxPro.com-Demo01 - Compte Démo - [AUDUSD,M15].png Size: 73 KB
  • #26,564
  • Jan 18, 2016 12:49pm Jan 18, 2016 12:49pm
Quoting Pipsalon
{quote} Yes that's a good entry, according the rules. Only thing is that when AU reached it's adr today price was ranging and moving very slow.
Yes ... thanks. i moved to BE after 10 pips n den observed the price stalling and H4 chart (almost ready for a red/ green cross on upside)... additionally it was near 34 area in TD so, decided to get out at 16 pips... (I had to take into account my ECN provider which sometimes tends to go for 2.5 pips during less trading activity -- so profit was actually 1:1 @ 20 pips however 2 pip spread when i put order and 2 pips when i take out profit so closed at 16)..and thanks for positing all the indicators and your template again ..

Well try to keep posting some of my trades.. so i get an in-depth knowledge about this strategy...
  • #26,565
  • Jan 18, 2016 7:43pm Jan 18, 2016 7:43pm
Can any1 suggest though it was 2nd cross; why didn't it work.... also on H4 chart green TDI looked like it was going to bounce [downward] from yellow line...
My thinking ---- It was near 200ema, Less trading activity, any other ideas why it didn't work ...

Thnx for ur opinions
Ferin
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 74 KB
  • #26,566
  • Jan 18, 2016 8:50pm Jan 18, 2016 8:50pm
Quoting FerinPatel
Can any1 suggest though it was 2nd cross; why didn't it work.... also on H4 chart green TDI looked like it was going to bounce [downward] from yellow line... My thinking ---- It was near 200ema, Less trading activity, any other ideas why it didn't work ... Thnx for ur opinions Ferin {image}
hello FerinPatel,

looking at the chart you can see small body candles and remember the 10ema < 50ema < 200ema for a stronger trend signal.

when you see price are near the 200ema and bouncing like that, you take look at the HTF to see what PA is doing, what type of market you are in. look at 2015, 2014 on the HTF chart.

regards,
Meihk
  • #26,567
  • Jan 18, 2016 11:05pm Jan 18, 2016 11:05pm
Quoting Meihk
{quote} hello FerinPatel, looking at the chart you can see small body candles and remember the 10ema < 50ema < 200ema for a stronger trend signal. when you see price are near the 200ema and bouncing like that, you take look at the HTF to see what PA is doing, what type of market you are in. look at 2015, 2014 on the HTF chart. regards, Meihk
I c the PA on Daily/ Monthly we are back at where we started in Jan 2015... we are bouncing from that level, a strong dilemma at this point...
so do we consider the market to be range bounding until we break... or just try to stay away from it....
  • #26,568
  • Jan 18, 2016 11:44pm Jan 18, 2016 11:44pm
Quoting FerinPatel
{quote} I c the PA on Daily/ Monthly we are back at where we started in Jan 2015... we are bouncing from that level, a strong dilemma at this point... so do we consider the market to be range bounding until we break... or just try to stay away from it....
best to trade different pair, always trade a trending pair if you're new.
  • #26,569
  • Jan 19, 2016 4:10am Jan 19, 2016 4:10am
Quoting FerinPatel
Can any1 suggest though it was 2nd cross; why didn't it work.... also on H4 chart green TDI looked like it was going to bounce [downward] from yellow line... My thinking ---- It was near 200ema, Less trading activity, any other ideas why it didn't work ... Thnx for ur opinions Ferin {image}
It did not work because of the time you entered the trade. At that time 22:00h, there is almost no trading activity. Look at the tiny candles.
Best trading times for this strategy is during LO.
  • #26,570
  • Jan 19, 2016 6:25am Jan 19, 2016 6:25am
a very straight forward entry
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.png Size: 59 KB
the cautious seldom err....C
  • #26,571
  • Jan 19, 2016 6:37am Jan 19, 2016 6:37am
a bit of a late entry but it came out good
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 55 KB
the cautious seldom err....C
  • #26,572
  • Jan 19, 2016 9:03am Jan 19, 2016 9:03am
Very nice pips29
  • #26,573
  • Jan 19, 2016 9:08am Jan 19, 2016 9:08am
Loss on EU today. Entry was after the pinbar which closed below the previous day low. I kept confidence in this trade because there was a trendline as well.
Price was struggling to go lower at PPA. I should have waited till there was a clear break to the downside.
Attached Image (click to enlarge)
Click to Enlarge Name: EU19-1.PNG Size: 63 KB
  • #26,574
  • Jan 19, 2016 9:57am Jan 19, 2016 9:57am
Quoting Pipsalon
Loss on EU today. Entry was after the pinbar which closed below the previous day low. I kept confidence in this trade because there was a trendline as well. Price was struggling to go lower at PPA. I should have waited till there was a clear break to the downside. {image}
sorry , Correct me if m wrong... wasn't the entry false since the TDI green or red they never crossed the yellow line...
can u explain me as to why did u take that trade..

Thnx
Ferin
  • #26,575
  • Edited 11:25am Jan 19, 2016 10:08am | Edited 11:25am
Quoting FerinPatel
{quote} sorry , Correct me if m wrong... wasn't the entry false since the TDI green or red they never crossed the yellow line... can u explain me as to why did u take that trade.. Thnx Ferin
This is a more advanced setup. When you further read the thread Loveevery1 will teach more advanced setups.
On which page are u now?
  • #26,576
  • Jan 19, 2016 10:42am Jan 19, 2016 10:42am
Quoting Pipsalon
Loss on EU today. Entry was after the pinbar which closed below the previous day low. I kept confidence in this trade because there was a trendline as well. Price was struggling to go lower at PPA. I should have waited till there was a clear break to the downside. {image}
just unlucky pipsalon...looking at the daily price is just moving sideways...better to choose another pair that is trending
the cautious seldom err....C
  • #26,577
  • Jan 19, 2016 1:34pm Jan 19, 2016 1:34pm
Quoting Pipsalon
{quote} This is a more advanced setup. When you further read the thread Loveevery1 will teach more advanced setups. On which page are u now?
m just at the start till.. finding hard to get time. m currently on 40th page ... I have a long way to go... anyway thanks and nice to know about variation of this setup ... looking forward to discover that..

Thanx..
  • #26,578
  • Jan 19, 2016 9:31pm Jan 19, 2016 9:31pm
So I took a H4 chart basic setup .... which goes by books what did i miss---
Entry was right open of the next candle, sl was set to 20 .. but it got hit..
Realized went back to some of his example in starting phase of this thread, I noticed that he said to put a 50pip stop on High time frame chart, is that right ... plz correct me if I'm wrong ppl...

Thanx
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 72 KB
  • #26,579
  • Jan 19, 2016 9:39pm Jan 19, 2016 9:39pm
Quoting FerinPatel
So I took a H4 chart basic setup .... which goes by books what did i miss--- Entry was right open of the next candle, sl was set to 20 .. but it got hit.. Realized went back to some of his example in starting phase of this thread, I noticed that he said to put a 50pip stop on High time frame chart, is that right ... plz correct me if I'm wrong ppl... Thanx {image}
ferin, try to take trades away from the 10 ema and if price has moved too far ,just wait for price to retrace towards the 10 ema and then enter in the direction of the trend
the cautious seldom err....C
  • #26,580
  • Jan 19, 2016 9:51pm Jan 19, 2016 9:51pm
I got to leave the house for 2 hours or so and I have 2 trades going at the moment which were taken recently like the last hour or thereabout..G/cad was a pending buy which got triggered...trade safe, moved stop to b/e on a/u
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gc15.png Size: 73 KB
Click to Enlarge Name: au15.png Size: 72 KB
the cautious seldom err....C
17 traders viewing now