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Another simple system - Time-Frame 15

  • #28,061
  • Apr 22, 2016 9:46am Apr 22, 2016 9:46am
Quoting pips29
{quote} took 40% off 1 entry and moved stop to b/e+ and tighten the stop on the other entry (H1 chart) {image}
superb bro... i got the the opposite direction of UCAD... of course, result is a loss
Do it like a Fool
  • #28,062
  • Apr 22, 2016 9:50am Apr 22, 2016 9:50am
H4 n/u ..don't know if this level will hold but it's fryday, and for some and yet for others
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD H4 (04-22-2016 2240).png Size: 61 KB
the cautious seldom err....C
  • #28,063
  • Apr 22, 2016 9:57am Apr 22, 2016 9:57am
Quoting pips29
{quote} I did ask but no one answer me, so I went alone {image}

GL PIPS
  • #28,064
  • Apr 22, 2016 10:00am Apr 22, 2016 10:00am
Quoting Foolsgame
{quote} superb bro... i got the the opposite direction of UCAD... of course, result is a loss
I am also in ucad shorts since yesterday. I was nearly stopped out on 2 entries. I kept the stop just above the 4 hour 34 ema and you took your long at the 34 ema..As you don't use the 34 ema,I did not bother to let you know..I have this habit of mine never to long when price is below the 34 ema on H4 and so far it kept me going..My short was based on the daily and weekly
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 (04-22-2016 2254).png Size: 53 KB
the cautious seldom err....C
  • #28,065
  • Apr 22, 2016 10:03am Apr 22, 2016 10:03am
Quoting pips29
{quote} I have taken out my added position based on confluence of a TL and support on the 15 min. I am showing the 5 min chart as my exits are done on tf lower than my entry, just a habit..Imdi I click on entry and exits so you won't make a mistake on my entry. I do have an earlier entry higher up and stop moved to a level should I be taken out, I will still make a gain nett {image}
WELDONE pips

So happy to see you WON!
  • #28,066
  • Apr 22, 2016 10:05am Apr 22, 2016 10:05am
Quoting pips29
15 min chart showing where I added an entry, strictly pa, no indicators involved..I trusted the pa on H4 {image}

Pips

So you entered just based on PA not TDI ......?

For me to take it entry is lack of confidence...
great you did it with experience ...!!
  • #28,067
  • Apr 22, 2016 10:09am Apr 22, 2016 10:09am
Quoting pips29
{quote} the above chart was posted 5 days ago. Below is the current chart but candle is not closed yet..If price is going where I suspect it to be, you will jolly well see more ucad weakness {image}
read this post on oil and ucad
the cautious seldom err....C
  • #28,068
  • Apr 22, 2016 10:11am Apr 22, 2016 10:11am
Quoting pips29
{quote} I am also in ucad shorts since yesterday. I was nearly stopped out on 2 entries. I kept the stop just above the 4 hour 34 ema and you took your long at the 34 ema..As you don't use the 34 ema,I did not bother to let you know..I have this habit of mine never to long when price is below the 34 ema on H4 and so far it kept me going..My short was based on the daily and weekly {image}

you are soo lucky pips...
this one also worked welll
though it pull back A LOT...
weldone
  • #28,069
  • Apr 22, 2016 10:18am Apr 22, 2016 10:18am
price just couldn't get past the recent high...was stopped out in the end..got back my loss yesterday +more..oops
Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: USOil m5 (04-22-2016 2315).png Size: 78 KB
the cautious seldom err....C
  • #28,070
  • Apr 22, 2016 10:34am Apr 22, 2016 10:34am
Quoting imdisaait
{quote} you are soo lucky pips... this one also worked welll though it pull back A LOT... weldone
I stuck with the htf..it's not over yet...not in safe mode by a mile..and yes I can do with a bit of this too
Inserted Video
the cautious seldom err....C
  • #28,071
  • Apr 22, 2016 10:49am Apr 22, 2016 10:49am
Quoting imdisaait
{quote} Pips So you entered just based on PA not TDI ......? For me to take it entry is lack of confidence... great you did it with experience ...!!
when I add entry I do not look at any indicator except TL,S/R or a fib level like the 78.6 I will hide/remove the ma from my chart and just concentrate on price. If I were to use the TDi it will be too late as I would have missed out on a good amount of pips..You must of course know what the htf showed you earlier. Just don't simply shoot like someone who trade the pivots and when wrong he will move to another and so forth..Depending on the pivots to enter and exit is not the way to minimise your loss or to maximise your gains...If you want to trade efficiently and effectively you must do it with pa and no buts or butts.. Look at structure..just today many would been stranded using pivots or other stuff trading the geppy..I made a mistake too by looking at the adr
the cautious seldom err....C
  • #28,072
  • Apr 22, 2016 11:06am Apr 22, 2016 11:06am
e/u is looking bearish and once the low is broken we will get a LH (H4 chart)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H4 (04-23-2016 0004).png Size: 63 KB
the cautious seldom err....C
  • #28,073
  • Apr 22, 2016 11:24am Apr 22, 2016 11:24am
Quoting loveevery1
PLEASE DO NOT COPY ANYTHING FROM THIS THREAD.ITS COPYRIGHT.PLEASE WRITE TO ME IF YOU NEED ANY ASSITANCE AND YOU CANNOT DO ANYTHING WITHOUT MY CONSENT. STAY BLESSED.BY THE WAY THIS IS THE FIRST UPDATE TO THE 1ST POST.STAY BLESSED EVERYONE Hello Folks After a long wait...i finally introduce you to a new method.This is proven to be 80 percent profitable for me. About Me: I have been trading forex for over 2 years now.Before the forex market i was trading stocks for a while.but forex was more interesting than the stupid stock market. Sorry for my english..its...
Hi Author!
Can I copy your system for trading? What is latest system and indicators or EA for your system? Please advise.
  • #28,074
  • Apr 23, 2016 4:34am Apr 23, 2016 4:34am
Quoting pips29
{quote} when I add entry I do not look at any indicator except TL,S/R or a fib level like the 78.6 I will hide/remove the ma from my chart and just concentrate on price. If I were to use the TDi it will be too late as I would have missed out on a good amount of pips..You must of course know what the htf showed you earlier. Just don't simply shoot like someone who trade the pivots and when wrong he will move to another and so forth..Depending on the pivots to enter and exit is not the way to minimise your loss or to maximise your gains...If you want...
thx pips
got ur point.......................
  • #28,075
  • Edited 7:08am Apr 23, 2016 5:29am | Edited 7:08am
Quoting imdisaait
{quote} I really appreciate your time and update and summery..... I am soo much grateful to the LE!, if he is still alive ...... so much like wish him/her good health and long life..... Thanks a lot PIPSNINJA!! appreciate a lot!
You are welcome, imdisaait

Quoting radadiya
{quote} Hi Author! Can I copy your system for trading? What is latest system and indicators or EA for your system? Please advise.
The author (LE1) no longer participates in this thread. The red bold letter warning in post#1 is to those who try/tried to sell this trading system on the internet and you are free to use this system. This is a mechanical trading system so no EA.

This trading system started with the basic setup as explained in the first few pages of this thread. As this thread went on more advanced trading setups/concepts were shared and a result a couple more indicators were added to this system.

It is best to study, practice and learn the basic setup and once you have mastered it then move to more advanced setups. The list of indicators used for the basic setup is on post#1, indicators on post#5 and templates on post#6. Some of the most active member's charts look different and that is due to using a different trading platform and/or the addition of a few of their favorite indicators which they feel comfortable using in their trading but the actual trading concept remains the same.

I am sure that senior traders will assist you if you decide to actively participate in this thread. Happy Pipping
Trading can't be taught but it can be learned
  • #28,076
  • Apr 25, 2016 5:21am Apr 25, 2016 5:21am
gone long geppy
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY m15 (04-25-2016 1820).png Size: 51 KB
the cautious seldom err....C
  • #28,077
  • Apr 25, 2016 6:28am Apr 25, 2016 6:28am
Quoting pips29
gone long geppy {image}
nice one brother... seeing the price hiking
Do it like a Fool
  • #28,078
  • Apr 25, 2016 6:38am Apr 25, 2016 6:38am
Quoting Foolsgame
{quote} nice one brother... seeing the price hiking
yeah, taken more than 1/2 off...auto pilot now+stress free..are you in any trade ( 5 min chart)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY m5 (04-25-2016 1936).png Size: 58 KB
the cautious seldom err....C
  • #28,079
  • Apr 25, 2016 8:06am Apr 25, 2016 8:06am
got kicked out in the end
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY m5 (04-25-2016 2104).png Size: 59 KB
the cautious seldom err....C
  • #28,080
  • Apr 25, 2016 8:14am Apr 25, 2016 8:14am
Quoting pips29
e/u is looking bearish and once the low is broken we will get a LH (H4 chart) {image}
we got a LH and also a LL last Friday. My bias is short and I took it when price retraced to the 34 ema. The stop is a few pips above friday's high...I wish to point out it's still a trade taken away from the 10 ema but done on the daily.....let's see EDit: I was hesistant in showing this trade as it's a htf trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD D1 (04-25-2016 1625).png Size: 65 KB
the cautious seldom err....C
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