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Another simple system - Time-Frame 15

  • #27,281
  • Apr 1, 2016 7:06pm Apr 1, 2016 7:06pm
Quoting pips29
{quote} I am out of this trade as I clicked the whole xx lots instead of partial lots accidentally....so I am naked going into the weekend...it's been a good week and I hope everyone has a good week here too with our small community {image}

Great work though its a mistake, you won BIG!
I should start playing in the same side and same pairs that you indicate here and after checking it further so very very minimal risks.....

I played with you in demo and still +58pips and hanging on still
thx pips29
  • #27,282
  • Apr 1, 2016 8:00pm Apr 1, 2016 8:00pm
[quote=imdisaait;8849094]{quote} its POST 27,267 - a reply to my post with a chart and result of a your trade a chart GBPUSD thx for your words and thought for me improve..... I too not a professional trained trader but have experience of struggling in FOREX for 2 years like lets fly safe
the cautious seldom err....C
  • #27,283
  • Apr 1, 2016 8:18pm Apr 1, 2016 8:18pm
I don't know what happened to my reply earlier. Anyway what I wanted to say is the trade is done on htf with tl and blah, blah blah. I posted the 15 min chart to show the exits .As a general rule the htf overule the ltf and when taken on htf look at that time frame chart to avoid confusion. My mistake in posting the 15 min chart
the cautious seldom err....C
  • #27,284
  • Apr 1, 2016 8:24pm Apr 1, 2016 8:24pm
Quoting imdisaait
{quote} Great work though its a mistake, you won BIG! I should start playing in the same side and same pairs that you indicate here and after checking it further so very very minimal risks..... I played with you in demo and still +58pips and hanging on still thx pips29
are you referring to the kiwi that you still have. I am on my mobile typing and have not looked at how the trading day ended. Gl
the cautious seldom err....C
  • #27,285
  • Apr 2, 2016 1:08pm Apr 2, 2016 1:08pm
Quoting pips29
I don't know what happened to my reply earlier. Anyway what I wanted to say is the trade is done on htf with tl and blah, blah blah. I posted the 15 min chart to show the exits .As a general rule the htf overule the ltf and when taken on htf look at that time frame chart to avoid confusion. My mistake in posting the 15 min chart
Hi Pips29

I can understand and agree with your clarification...it is much valid and acceptable.
might it be good to use pending orders when we go for HTF and adjust the order back ward when the market reverse .... before gain to the HTF indicated direction???

I am just thinking ...how to get the maximum when we play HTF when market tend to reverse a bit before it really do what HTF indicate us....

thx n GL
  • #27,286
  • Apr 2, 2016 1:08pm Apr 2, 2016 1:08pm
Quoting pips29
{quote} are you referring to the kiwi that you still have. I am on my mobile typing and have not looked at how the trading day ended. Gl
yeah! its about kiwi
  • #27,287
  • Apr 3, 2016 3:05am Apr 3, 2016 3:05am
Quoting imdisaait
{quote} Hi Pips29 I can understand and agree with your clarification...it is much valid and acceptable. might it be good to use pending orders when we go for HTF and adjust the order back ward when the market reverse .... before gain to the HTF indicated direction??? I am just thinking ...how to get the maximum when we play HTF when market tend to reverse a bit before it really do what HTF indicate us.... thx n GL
Most traders will face the things you mentioned when trading htf and that is the retracement before the continuation and the use of p/o..there are various ways to overcome these but I will only show you my way (sounds like Frankie)..I will show you by way of charts..let's take g/u which I traded ..I stated my reasons for taking shorts in earlier posts. If you are looking for the retracement to enter or to add, go to the 15 min time frame to look for an entry, after establishing the immediate trend, in this case ,bearish..I have to talk a bit about supply and demand and stories about shadows (upper/lower) or more commonly known, wicks.I have done a bit of study on shadows and trend changing candles. Below are two charts,h4 and 15 min..Supposing you have entered on H4 on the candle open where the red vertical line is and price retraces and you want to add another entry or you haven't entered yet as you are waiting for a better entry ,where would be a nice spot to place a pending order...To do that we go to the 15 min time frame..here's where you apply your knowledge of supply and demand and swings. I will let you have a go first ,,,where would you put a p/o on the 15 min chart...in the meantime I will listen to some songs from the 70s'
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 71 KB
Click to Enlarge Name: GBPUSDM15.png Size: 66 KB
the cautious seldom err....C
  • #27,288
  • Apr 3, 2016 4:52am Apr 3, 2016 4:52am
Quoting pips29
{quote} Most traders will face the things you mentioned when trading htf and that is the retracement before the continuation and the use of p/o..there are various ways to overcome these but I will only show you my way (sounds like Frankie)..I will show you by way of charts..let's take g/u which I traded ..I stated my reasons for taking shorts in earlier posts. If you are looking for the retracement to enter or to add, go to the 15 min time frame to look for an entry, after establishing the immediate trend, in this case ,bearish..I have to talk a...

Hi pips it very good question but not easy!

I might try three line first and last are the best...
lets see how much I am line with your way of trading....

but in real trading .. its pretty fear and greedy...
Anyway thx
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 Pips29 homework 1.png Size: 70 KB
  • #27,289
  • Edited 7:13am Apr 3, 2016 6:23am | Edited 7:13am
Quoting imdisaait
{quote} Hi pips it very good question but not easy! I might try three line first and last are the best... lets see how much I am line with your way of trading.... but in real trading .. its pretty fear and greedy... Anyway thx {image}
sorry for late reply..I fell asleep, a very hot lazy sunday afternoon over here..anyway, you see well and all are good entries but the lines you've drawn are done in hindsight and I am not a hindsight trader like many over here (I don't mean in this thread and big E's) who posted only winning trades with hindsight with several hundreds and even thousands of pips profit...oh no, I will be a billionaire in no time......I ain't a super trader like them...My way is I like to see what might happen in the future, (so I need to take out my crystal ball, just joking) and what I think will probably happen. Imdisaait, there is no way you can enter with p/o which are in line with the TDI unless you borrow my crystal ball.Here is how I do it and now, the time is near, sorry I got carried away. Below is the 15 min. chart and I won't go into detail of supply and demand..My way is ever so simple for I know only simple things...next, where do you expect price to reach in your kiwi trade for you to exit
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 73 KB
the cautious seldom err....C
  • #27,290
  • Apr 3, 2016 6:52am Apr 3, 2016 6:52am
just some info. which might help
Inserted Video
the cautious seldom err....C
  • #27,291
  • Apr 3, 2016 7:02am Apr 3, 2016 7:02am
Quoting pips29
{quote} sorry for late reply..I fell asleep, a very hot lazy sunday afternoon over here..anyway, you see well and all are good entries but the lines you've drawn are done in hindsight and I am not a hindsight trader like many over here (I don't mean in this thread) who posted only winning trades with hindsight with several hundreds and even thousands of pips profit...oh no, I will be a billionaire in no time......I ain't a super trader like them...My way is I like to see what might happen in the future, (so I need to take out my crystal ball, just...

Hi Pips,
thx for reply, its very high chance of going down.....
reasons: D, H4, H1 charts..... but there might be 50 odds pips up then back down 100-200 pips down... thats what i feel,

how far I am right??

by the way "p/o" mean position open???
  • #27,292
  • Apr 3, 2016 7:15am Apr 3, 2016 7:15am
Quoting imdisaait
{quote} Hi Pips, thx for reply, its very high chance of going down..... reasons: D, H4, H1 charts..... but there might be 50 odds pips up then back down 100-200 pips down... thats what i feel, how far I am right?? by the way "p/o" mean position open???
p/o means pending order and you have not told me where you are likely to take profit with your kiwi...I am going for my dinner now and will catch you later. In the meantime you can visit TMS thread (the original one big E) and learn some things from there..Emm. is ever so willing to offer assistance and I take my hat off to him for keeping the thread alive..It's darn hard work
the cautious seldom err....C
  • #27,293
  • Edited 7:54am Apr 3, 2016 7:36am | Edited 7:54am
Quoting pips29
{quote} p/o means pending order and you have not told me where you are likely to take profit with your kiwi...I am going for my dinner now and will catch you later. In the meantime you can visit TMS thread (the original one big E) and learn some things from there..Emm. is ever so willing to offer assistance and I take my hat off to him for keeping the thread alive..It's darn hard work

Thx pips

for me no fix amount to exit but i know it might go 0.6950 or close to...
I might set 15pips trailing stop....


ok thx I will surf TMS Tread ...

do you mean this link?

http://www.forexfactory.com/showthread.php?t=291622
  • #27,294
  • Apr 3, 2016 8:20am Apr 3, 2016 8:20am
6920-25 is a good place to take some out. Yes that is the original thread by big e who sadly has passed away. Emm. Is there to help
the cautious seldom err....C
  • #27,295
  • Apr 3, 2016 8:24am Apr 3, 2016 8:24am
Quoting pips29
6920-25 is a good place to take some out. Yes that is the original thread by big e who sadly has passed away. Emm. Is there to help
Oh God! So sad to here.....
Wish him to rest in peace!

the video you set on few post above was great and good hint and thought to remember!
I am getting good thing from that Emm ...also
  • #27,296
  • Apr 3, 2016 7:10pm Apr 3, 2016 7:10pm
Quoting pips29
{quote} sorry for late reply..I fell asleep, a very hot lazy sunday afternoon over here..anyway, you see well and all are good entries but the lines you've drawn are done in hindsight and I am not a hindsight trader like many over here (I don't mean in this thread and big E's) who posted only winning trades with hindsight with several hundreds and even thousands of pips profit...oh no, I will be a billionaire in no time......I ain't a super trader like them...My way is I like to see what might happen in the future, (so I need to take out my crystal...
Nice post .

Your charts are always appreciated.

Thanks,
N
  • #27,297
  • Apr 3, 2016 10:19pm Apr 3, 2016 10:19pm
Quoting Nik-Nyc
{quote} Nice post . Your charts are always appreciated. Thanks, N
Hi! Nik, thanx for your kind words..I'll try harder
the cautious seldom err....C
  • #27,298
  • Apr 3, 2016 10:29pm Apr 3, 2016 10:29pm
Looking at the calender, there are important events this week. We must be extra careful for the big boys are out to fool us. Perhaps, it is the best time to stick with your weekly charts...just my 2 cents
the cautious seldom err....C
  • #27,299
  • Apr 3, 2016 11:00pm Apr 3, 2016 11:00pm
Quoting pips29
hoping to get a candle close to confirm the "evening star" on the daily which was the main reason for the trades {image}
my crystal ball told me US oil will drop to the horizontal green line on my chart and it's doing just that..anyone interested in my crystal?
Attached Image (click to enlarge)
Click to Enlarge Name: USOil D1 (04-04-2016 1159).png Size: 59 KB
the cautious seldom err....C
  • #27,300
  • Apr 3, 2016 11:08pm Apr 3, 2016 11:08pm
pending buy on a/u was just triggered....will add accordingly...let's see
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H4 (04-04-2016 1206).png Size: 60 KB
the cautious seldom err....C
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