Another simple system - Time-Frame 15 | Page 1445 | Forex Factory

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

  • #28,881
  • Jan 18, 2017 3:53am Jan 18, 2017 3:53am
Guys just curious as to know how this would be traded in a ranging market- How would you save yourself from the losses?
  • #28,882
  • Jan 19, 2017 3:12am Jan 19, 2017 3:12am
Quoting Roni26
Guys just curious as to know how this would be traded in a ranging market- How would you save yourself from the losses?

if you know how to identify a ranging market and know the power of 10EMA, then you will know how to trade this M15 method.

Knowing price action trading, knowing how to spot the trades, know the rules for SL and TP, have the discipline to execute the trades, etc... these will help keep you out of bad trades and suffer fewer losses. Learn to accept some losses.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,883
  • Edited 4:44pm Jan 19, 2017 4:16am | Edited 4:44pm
Thank you Emmanuel and the other guys using this method.

I have had an unfruitful morning today on trading this method this morning- I have been profitable earlier this week but this morning was bad. The three red lines were all failed LONG trades as price reversed.

I have attached the screenshots to this chart if you can help analyse ad tell me exactly what went wrong..

Was it the candle size?

Late entry?

How would you guys have traded these? Any input would be helpful as we are all here to learn!

Roni
Attached Image (click to enlarge)
Click to Enlarge Name: failed 15min trades.png Size: 28 KB
  • #28,884
  • Jan 20, 2017 3:47am Jan 20, 2017 3:47am
Quoting Roni26
Thank you Emmanuel and the other guys using this method. I have had an unfruitful morning today on trading this method this morning- I have been profitable earlier this week but this morning was bad. The three red lines were all failed LONG trades as price reversed. I have attached the screenshots to this chart if you can help analyse ad tell me exactly what went wrong.. Was it the candle size? Late entry? How would you guys have traded these? Any input would be helpful as we are all here to learn! Roni {image}
I don't think that there are any system or trading method would recommend trading within ranging area. Refers to your image, MBL flat, VB flat, so no trade for me.
  • #28,885
  • Jan 20, 2017 7:24am Jan 20, 2017 7:24am
Quoting Spikeshimbun
{quote} I don't think that there are any system or trading method would recommend trading within ranging area. Refers to your image, MBL flat, VB flat, so no trade for me.

Hi Spikeshhimbun,

Thank you for your post.

What is VB?

Roni
  • #28,886
  • Jan 20, 2017 7:29am Jan 20, 2017 7:29am
Also,

The MBL being flat is not a variant or part of the rules of this system so this is music to my ears.. Can anyone verify?

Kind regards,
Roni
  • #28,887
  • Jan 20, 2017 7:30am Jan 20, 2017 7:30am
Quoting pips29
your entry was late...you could have made +20 if entry was correct..there were 3 possible entries {image}
Dear @pips29,
I liked your graphic.
I will be very happy if you share it (indicators, template etc.)

Thank you.
  • #28,888
  • Jan 20, 2017 8:34am Jan 20, 2017 8:34am
Quoting Roni26
{quote} Hi Spikeshhimbun, Thank you for your post. What is VB? Roni
Hi, Roni
VB for Volatility Band, its the blue line on the TDI. I drew two white rectangle. The first one, above, there's not much movement in this area, you barely can't get 10 pips in there. The second rectangle (below) shows that VB is narrowing down, and being flat. So does the yellow line. This means, that market doesn't show us any directions yet.
But, I'm not really are an expert for this method. Just start trading 2 months ago, but I spent most of my time, reading old posts.

Regards
Spike
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADmM15.png Size: 42 KB
  • #28,889
  • Jan 20, 2017 10:22am Jan 20, 2017 10:22am
Quoting oguz
{quote} Dear @pips29, I liked your graphic. I will be very happy if you share it (indicators, template etc.) Thank you.
Hi oguz, this is the template I use for 15 min tf trading...It's quite different from the one shown as I was showing entries and I like to keep it simple..I am now trading the 1 hour tf using the 5 ema with apb candles...that's why I have stopped posting here in the meantime
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 58 KB
Attached File(s)
File Type: tpl pips 29m15.tpl   45 KB | 674 downloads
the cautious seldom err....C
  • #28,890
  • Jan 20, 2017 10:37am Jan 20, 2017 10:37am
Quoting Spikeshimbun
{quote} Hi, Roni VB for Volatility Band, its the blue line on the TDI. I drew two white rectangle. The first one, above, there's not much movement in this area, you barely can't get 10 pips in there. The second rectangle (below) shows that VB is narrowing down, and being flat. So does the yellow line. This means, that market doesn't show us any directions yet. But, I'm not really are an expert for this method. Just start trading 2 months ago, but I spent most of my time, reading old posts. Regards Spike {image}
If I were you I would not bothered too much with the volatility bands..Just concentrate on the green,red and yellow..pay attention to the ob/os levels as well as the 50 level EDit: I believe a top has been confirmed and I am looking for price to move down
the cautious seldom err....C
  • #28,891
  • Jan 20, 2017 5:09pm Jan 20, 2017 5:09pm
Quoting pips29
{quote} If I were you I would not bothered too much with the volatility bands..Just concentrate on the green,red and yellow..pay attention to the ob/os levels as well as the 50 level EDit: I believe a top has been confirmed and I am looking for price to move down

Hi pips29,

Your input about my trades screenshotted above would be greatly appreciated.

Regards,
Roni
  • #28,892
  • Jan 20, 2017 11:09pm Jan 20, 2017 11:09pm
Quoting Roni26
Thank you Emmanuel and the other guys using this method. I have had an unfruitful morning today on trading this method this morning- I have been profitable earlier this week but this morning was bad. The three red lines were all failed LONG trades as price reversed. I have attached the screenshots to this chart if you can help analyse ad tell me exactly what went wrong.. Was it the candle size? Late entry? How would you guys have traded these? Any input would be helpful as we are all here to learn! Roni {image}

you have not learn and di not understand what this post meant:

http://www.forexfactory.com/showthre...62#post8217662

you are doing it at the wrong place.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,893
  • Jan 21, 2017 3:19am Jan 21, 2017 3:19am
Quoting pips29
{quote} Hi oguz, this is the template I use for 15 min tf trading...It's quite different from the one shown as I was showing entries and I like to keep it simple..I am now trading the 1 hour tf using the 5 ema with apb candles...that's why I have stopped posting here in the meantime {file} {image}
Pleas click on my profile and you will find the attachments which contain the indicators
the cautious seldom err....C
  • #28,894
  • Jan 21, 2017 4:08am Jan 21, 2017 4:08am
Quoting Roni26
Thank you Emmanuel and the other guys using this method. I have had an unfruitful morning today on trading this method this morning- I have been profitable earlier this week but this morning was bad. The three red lines were all failed LONG trades as price reversed. I have attached the screenshots to this chart if you can help analyse ad tell me exactly what went wrong.. Was it the candle size? Late entry? How would you guys have traded these? Any input would be helpful as we are all here to learn! Roni {image}
Roni26, I see nothing on your chart that is tradeable...everything is flat as pancake...in future stay aside when you see this kind of chart..
the cautious seldom err....C
  • #28,895
  • Jan 21, 2017 5:52pm Jan 21, 2017 5:52pm
Quoting Roni26
Thank you Emmanuel and the other guys using this method. I have had an unfruitful morning today on trading this method this morning- I have been profitable earlier this week but this morning was bad. The three red lines were all failed LONG trades as price reversed. I have attached the screenshots to this chart if you can help analyse ad tell me exactly what went wrong.. Was it the candle size? Late entry? How would you guys have traded these? Any input would be helpful as we are all here to learn! Roni {image}

The original poster used a round number indicator, many people use a S/R pivot indicator. I think trading off of these (as well as daily open) will help you.
  • #28,896
  • Jan 22, 2017 7:22am Jan 22, 2017 7:22am
Quoting Vnfx
{quote} Dear Em7788, Great to see you back for teaching and advising to newbies. All the best to you. Rgds.
Hi Vnfx, are you still online on FF? I'm in HCM, Vietnam, it will be great if you are in HCM as well, so we can catch up and discuss about methods using TDI indi.

Thanks.
  • #28,897
  • Jan 22, 2017 3:11pm Jan 22, 2017 3:11pm
Quoting pips29
{quote} Roni26, I see nothing on your chart that is tradeable...everything is flat as pancake...in future stay aside when you see this kind of chart..

Pips29,

Thankyou for your response.

When you mean everything is flat as a pancake- do you mean the MBL? PA is on an upslope and everything else signaled a LONG..??

Regards,
Roni
  • #28,898
  • Jan 22, 2017 3:20pm Jan 22, 2017 3:20pm
Quoting emmanuel7788
{quote} you have not learn and di not understand what this post meant: http://www.forexfactory.com/showthre...62#post8217662 you are doing it at the wrong place.

Hi Emmanuel,

Thank you for your response also.

I would just like to clarify- do you watch where the 200MA and 800MA is on the 4hr and daily charts to go short or long on the 15m charts?

Is that what you mean?

Kind regards,
Roni
  • #28,899
  • Jan 22, 2017 4:13pm Jan 22, 2017 4:13pm
Quoting Roni26
{quote} Pips29, Thankyou for your response. When you mean everything is flat as a pancake- do you mean the MBL? PA is on an upslope and everything else signaled a LONG..?? Regards, Roni
this is how I would have traded this chart..I know it is hindsight and all trades look good on hindsight....pa in the blue box was flat..when pa starts to make HH and HL it's time to think about going long..where I drew the vertical red line was a good entry point in line with a bounce off the red line at above the 50 level as well...hope this little bit helps
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 56 KB
the cautious seldom err....C
  • #28,900
  • Jan 22, 2017 4:55pm Jan 22, 2017 4:55pm
Hi,
I know this is a old thread. I downloaded the 4 indicators on page 1. In TDI section, I only see red and green line, but, no yellow line.

If anyone uses this still, would you be able to guide what I am missing?

Thanking you in advance for your help.
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