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Another simple system - Time-Frame 15

  • #27,501
  • Apr 7, 2016 11:00pm Apr 7, 2016 11:00pm
Quoting Pipsninja
Final Update: I haven't been able to trade very much this month due to the reason I mentioned earlier. 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...
thasnk for the confidence boost bro... i am trying to catch up with you guy, it may take long time but i will do so:nerd:
Do it like a Fool
  • #27,502
  • Apr 7, 2016 11:17pm Apr 7, 2016 11:17pm
taken 2 trades this morning on H1...I guess I'll be doing trades on H1during Asia session and then on the 15 min after LO
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUD H1 (04-08-2016 1215).png Size: 59 KB
Click to Enlarge Name: USOil H1 (04-08-2016 1215).png Size: 58 KB
the cautious seldom err....C
  • #27,503
  • Apr 7, 2016 11:26pm Apr 7, 2016 11:26pm
only for today? or now on

got myself some CT...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 32 KB
Click to Enlarge Name: EURJPYH4.png Size: 36 KB
Do it like a Fool
  • #27,504
  • Apr 7, 2016 11:37pm Apr 7, 2016 11:37pm
Quoting imdisaait
{quote} I know I too also bit greedy and not patient.... one of the biggest mistake that I am doing is TRYING TO CATCH THE VERY BEGINNING OF THE TREND...which ultimately end up with wrong selection and then the price goes other way..... so had to waiting soooooooooooo long until it come back to my way.... very difficult to hold until it come back to my way today, i was bit late and get into the trend after 10 pips later so able to catch remaining 82pips..... so i learn the lesson it is VERY BEST TO WAIT UNTIL THE TREND START AND GO...
It is all good if you can catch the beginning of a trend or retracement but it requires some skill which you can't find from looking at your indicators..You have to know how to read pa and that's what many red flag traders including myself get it wrong, so when you see anyone telling you to do this and that because the indicators or fibs say so,just tell yourself, yeah,yeah, I can see that too. Imdi, you are probably doing the right thing by forgoing a few pips and join the trend later..you don't need to make all the pips from A-Z...just go in say at G and come at R and you are all good. Do it everyday and you get the "black horse" in no time...my 2 cents
the cautious seldom err....C
  • #27,505
  • Apr 7, 2016 11:46pm Apr 7, 2016 11:46pm
Quoting Foolsgame
only for today? or now on got myself some CT... {image} {image}
might join you later during Lon session if price is above 124 come LO
the cautious seldom err....C
  • #27,506
  • Edited Apr 8, 2016 12:16am Apr 7, 2016 11:55pm | Edited Apr 8, 2016 12:16am
Quoting pips29
{quote} It is all good if you can catch the beginning of a trend or retracement but it requires some skill which you can't find from looking at your indicators..You have to know how to read pa and that's what many red flag traders including myself get it wrong, so when you see anyone telling you to do this and that because the indicators or fibs say so,just tell yourself, yeah,yeah, I can see that too. Imdi, you are probably doing the right thing by forgoing a few pips and join the trend later..you don't need to make all the pips from A-Z...just...

That Brooo

U r absolutely right ... I agree I am changing my mind... and saving my cents.... and having long lives in this CASH SEA
Instead entering in BIG lot at once............................
now I change in entering 0.1 by 0.1 in step....
I took AUDUSD LONG just as LE
GL

_-------
EDITED
by the way, my target TP is just below 10EMA -DAY @0.7570-0.7565,

Hope this is fine and could be meet...
Let see!

EDITED
---set sl @0.7528
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Trades.png Size: 183 KB
  • #27,507
  • Apr 8, 2016 12:03am Apr 8, 2016 12:03am
Quoting imdisaait
{quote} That Brooo U r absolutely right ... I agree I am changing my mind... and saving my cents.... and having long lives in this CASH SEA Instead entering in BIG lot at once............................ now I change in entering 0.1 by 0.1 in step.... I took AUDUSD LONG just as LE GL {image}
Are you sure LE taught you to do do multiple entries..I have read this thread before and I have not seen this..With Arjun, it has been a single entry..Anyway, I am glad you took long as I am short G/A..happy pipping
the cautious seldom err....C
  • #27,508
  • Apr 8, 2016 12:09am Apr 8, 2016 12:09am
Quoting pips29
I have a dinner appointment and it took more than an 90 mins. to reach the restaurant which is normally 20 mins or so...what a traffic jam this evening..Anyway, nothing much in the way of trading except that I now have 3 entries, buy, on e/u and a short on u/chf of which I had taken some off..The last entry on e/u was done thru' my mobile at a price even lower than my pending buy which I had removed earlier..here are the charts on the hourly..gonna catch some telly now {image} {image}

thx n GL
  • #27,509
  • Apr 8, 2016 12:13am Apr 8, 2016 12:13am
Quoting pips29
{quote} Are you sure LE taught you to do do multiple entries..I have read this thread before and I have not seen this..With Arjun, it has been a single entry..Anyway, I am glad you took long as I am short G/A..happy pipping

Hi pips,

I just decide my self to go by 0.01 in few lots...rather than one big lot and lots of stress untill it gain some pips to set SL @BE.

By this way I enter another lot if the first lot gain some and so on... so less stress

You are right...............
LE does not indicate in multiple lots.....

as AUDUSD - LONG and GBPAUD - SHORT -- that men both can WIN at the same time
  • #27,510
  • Apr 8, 2016 12:14am Apr 8, 2016 12:14am
H4 a/u...looks like price bounced from a demand area
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H4 (04-08-2016 1312).png Size: 55 KB
the cautious seldom err....C
  • #27,511
  • Apr 8, 2016 12:19am Apr 8, 2016 12:19am
Quoting imdisaait
{quote} thx n GL
I had taken one entry off for some profits last night before going to bed and now in dd with the other 2.....I will enter another long as long as my stops are not hit..I am still in U/chf short and also in dd now
the cautious seldom err....C
  • #27,512
  • Apr 8, 2016 12:21am Apr 8, 2016 12:21am
taken 20 % and put in my safe vault...let's see ( 15 min chart)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD m15 (04-08-2016 1319).png Size: 57 KB
the cautious seldom err....C
  • #27,513
  • Apr 8, 2016 12:22am Apr 8, 2016 12:22am
Quoting Foolsgame
only for today? or now on got myself some CT... {image} {image}

GL mate!
  • #27,514
  • Apr 8, 2016 12:26am Apr 8, 2016 12:26am
Quoting pips29
H4 a/u...looks like price bounced from a demand area {image}

Thx pips,

can you have any idea where it might end up .....this circle of run?
I am thinking 10EMA Day or HH as you market @ around 0.7700 or 0.7625..
  • #27,515
  • Apr 8, 2016 12:35am Apr 8, 2016 12:35am
Quoting pips29
taken 2 trades this morning on H1...I guess I'll be doing trades on H1during Asia session and then on the 15 min after LO {image} {image}

This is really good...
so I too will try it..
I realize too....HOW LONG GOT TO WAIT IN 5M and 15M in Asian session
  • #27,516
  • Apr 8, 2016 12:38am Apr 8, 2016 12:38am
Quoting imdisaait
{quote} Thx pips, can you have any idea where it might end up .....this circle of run? I am thinking 10EMA Day or HH as you market @ around 0.7700 or 0.7625..
I just checked with my crystal ball and it was very dim, but I caught a glimpse of a gate @7555
the cautious seldom err....C
  • #27,517
  • Apr 8, 2016 12:39am Apr 8, 2016 12:39am
Quoting pips29
taken 20 % and put in my safe vault...let's see ( 15 min chart) {image}

you did it timely..
it bit retreat...
  • #27,518
  • Apr 8, 2016 12:40am Apr 8, 2016 12:40am
Quoting pips29
{quote} I just checked with my crystal ball and it was very dim, but I caught a glimpse of a gate @7555

Good will concern this thx....
  • #27,519
  • Apr 8, 2016 12:41am Apr 8, 2016 12:41am
Quoting pips29
{quote} I had taken one entry off for some profits last night before going to bed and now in dd with the other 2.....I will enter another long as long as my stops are not hit..I am still in U/chf short and also in dd now

NOW! CHF unemployment data.... GL mate
  • #27,520
  • Apr 8, 2016 12:41am Apr 8, 2016 12:41am
I have taken more off and I hope that little supply area on the 5 min chart holds, otherwise I have to bid farewell to this trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD m5 (04-08-2016 1339).png Size: 56 KB
the cautious seldom err....C
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