Another simple system - Time-Frame 15

Pls pips29, Might Leave me Indicators for fxcm ? I have trouble finding them . thx

avengedh ,I have trouble posting the template..I just don't know how to get the template out

I have just entered this trade and it will be the last one for the week as well

avengdh, try this

not looking so good now..let's see if the 1-2-3 pattern holds true,,otherwise,I will have to eat my stop Edit: I wish to point out I am not banking on a 1-2-3 pattern but entry was in line with the 10 ema ,TDI and CCI...it's just that it's a CT trade

taken 20% off and moved stop to b/e+,target set @1.3090, which hopefully can be hit in the next few trading days if my stop doesn't beat it to that earlier...will probably take another batch off before going to bed...

I did take another batch off for +37 but am not sure if my trade is still alive, the reason being I don't have access to my platform over the weekend owing to maintenance....below is the daily chart of the euro. I have drawn fibs.,circled some levels and a TL...see what you can make of it...perhaps post your analysis for all to share

I have drawn fibs at EU weekly chart. Price is at 23.6 fib again. If we look back in 2015 this is an area of consolidation. When we look at the daily chart we see a clear bounce from the 23.6 fib at 11 february this year. Last week price closed below the fib level. Will we see a bounce again this week...?

I was not looking so far as the weekly solely because I am trading the 15 min or 1 hour chart and H4/daily is more than sufficient. It is good to see how the weekly candle looks like before you start trading...and I can see it's bullish making new high and closing higher....with that in my mind, my bias is buy. The daily chart is where I would use fibs and TL and also applying the dow theory..whether it will fall from here or go on to attack the previous swing high, it's not up to me..Thursday candle broke the fib 61.8 and Friday candle tested it and closed with a lower wick and above this level. I reckon if the next candle does not close below this fib. uptrend is more likely and the break of the TL must happen and price might go to the fib 78.6 @1.14500 I will only enter using 15min/hour time frame as I don't want to be caught out trading the daily as stop is wide. The memory of my a/u trade which I got stopped out just recently and looking at it going my way next is still very fresh..trading the daily chart is a big NO for me for at least the next few months or forever..below is the weekly chart where I just look at the candles to see if they are bullish or not...I also believe the magenta horizontal line @1.08172 will be good support for the next 2 months..Please dyoa as I get it wrong just like the rest...I have no professional training

I would not be surprised if this will happen in the coming days...

precisely

Hi guys
Bounce likely to happen at 1216-20 38R
Meanwhile ECB can change this very quickly 1st by verbal push down then rate cut.
Fundamentally ECB wants cheaper Euro to stimulate growth ideally 110-108 zone.Considering greater skim of things UP side is limited on Euro.
I am holding my shorts and will watch reaction at 1216-20 should it break will let it ride to weekly pivot
Regards

another confluence 200EMA on 38R 30min chart

Update #5: Over confidence, holing/adding to losing trades, fear/greed, inflexible trade direction bias, breaking trading rules, etc. can result in account balance dropping back down to zero very quickly. I am posting this not to be boastful but just to show that even with all the odds against a trader becoming profitable the possibility can exist.

I trade the trading method with all its basic and advanced setups as it was shared in this great thread for FREE. I trade mostly M5, M30 plus M15 setups. I also add to my winning trades. I am nothing especial and haven't invented anything new or use any secret indicators or setups, the market is the boss and I just try to capitalize on its moves.

Paraphrasing CrucialPoint here, this is the only trading forum that I participate in, anybody else in other trading forum(s) claims to be me or tries to sell anyone anything isn't me. Please be aware of trading guru scams. My pm is disabled and I have NO COMMERCIAL INTEREST. I am just an apprentice and will always remain a student

Hi Pipsninja
Very impressive curve, bravo!
I have been getting pretty good results with the basic set ups so far, still struggling with the advanced ones... Do you mind sharing a few screenshots with the conditions we should look for?
Thanks!

Thanks mazingaz, there are a few different types of advanced setups. As a whole these advanced setups have a hit rate of well below 50% if taken without discretion. You have got to SELL when price is rising and it reaches certain levels (EMAs, RNs or ADR) and BUY when price is falling which is rather difficult.

In the past I have taken valuable time away form my trading to help others ( I call it paying my tuition) only to see them disappear after a few posts. I make you a deal, post all your basic setup trades for the remainder of this month and then I will share the advanced setups here one by one but please keep in mind that my thread participation is going to be very limited.

If you don't want to do so then please read only all of loveevery1 (LE1) posts or at least the first 150-200 pages of this thread. There have been many other great contributors but LE1's post would suffice then practice and practice. Try to find the reason(s) why these advanced setups sometimes work and sometimes don't

any good setup? im watching EU, GU, NU, AU and wait for LO

i would like to learn more with u guys! i will post my chart setup at here.

gone long just before LO...let's see

pending buy was just triggered...I am being conservative with my entry