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- Pipsninja replied Nov 19, 2015
Mr BE got a hold of me. I don't win every trade.
Another simple system - Time-Frame 15
- Pipsninja replied Nov 19, 2015
Thanks, my SL was 8 pips. I don't know if you can see the little red SL line on my charts. My SL varies between 8-14 pips and at times since I actively manage my trades my original SL may be larger by a few pips than my final TP, but I move SL to BE ...
Another simple system - Time-Frame 15
- Pipsninja replied Nov 19, 2015
The reason I took profit on my second trade where I did and didn't take profit at or near 4HR 10 EMA is first look left ( middle yellow box) and second there was no guarantee that price would reach 4HR 10 EMA. Only the possibility! I had to adjust ...
Another simple system - Time-Frame 15
- Pipsninja replied Nov 19, 2015
Advanced setup. A counter trend (CT) trade, support flip to resistance. You got to be swift in profit taking when doing CT trades on M5 and not recommended if you are new to M5 trading, just showing the possibilities.
Another simple system - Time-Frame 15
- Pipsninja replied Nov 19, 2015
You can't keep on taking a trade from the same important level over and over again. The next area that I will be interested in is the lower yellow zone. The MAs are dynamic so you can't set a pending order also this is M5 trading so you got to ...
Another simple system - Time-Frame 15
- Pipsninja replied Nov 19, 2015
EU Long trade, trading before LO is very risky. Trades that have more than one supporting reason (confluence) have a better chance of survival and reaching + pips. Don't forget to look left and see what price did in your area of interest before.
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Please read post# 26,093 and post#26,094. You have got to do your homework first before you can start. After studying the material, then do a minimum of 300 demo trades, no short cuts. Happy Pipping.
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Things that make you Go Hmmm
. This is just coincidence, even a broken clock is right twice a day. I am out.Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
I am a very humble trader and am learning everyday and make mistakes as well, but please read post #26,093 and post #26,094. If you look at my earlier M5 trades posted on this thread, you notice that I am not quite as aggressive as I used to be in ...
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Thanks, the whole concept of this thread is the 10 EMA. Price reacts when it reaches 10 EMA. The higher the TF ,the bigger that reaction is going to be when it reaches 10 EMA. You are correct, the indicator shows 10 EMA on different TFs, helps you ...
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Price above both EMAs+RN+PA= Long TOUCH trade
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Price below both EMAs+PA+RN+ Blue EMA on top of RN= Short TOUCH Trade
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Price below both EMAs+ RN+ PA = Short TOUCH Trade
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Top yellow box is RN (important possible trade level) + PA and price below both EMAs= Short TOUCH Trade Lower yellow box, continuation trade + blue EMA and price below both EMAs= Short TOUCH Trade
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
Here are a few of my older trades on M5, some were already posted here without any explanation and a few which were not posted on this thread. Do all of these setup work 100% if the time? Absolutely NOT. The infamous trade. Price below both EMAs ( ...
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
You are welcome Helee. Advanced Tip: Price fell back to 4HR 10 EMA, so we take another long trade? No... First, it is the low volatility time of the market. Second, you got to be able to read price action. The way and the momentum price reaches a ...
Another simple system - Time-Frame 15
- Pipsninja replied Nov 18, 2015
GA Long trade, H1 and H4 looked long. I waited for PA to retrace to 200 EMA and RN 2.14000 with DOL below (confluence) so I could buy low. Thanks GS for the B-Day wish
.TMS for M30 charts
- Pipsninja replied Nov 18, 2015
Next, trend continuation TOUCH ( BOUNCE anticipation) trade from 4HR 10 EMA (important level). Why did I close my first trade for 11.0 pips? The upper yellow zone (4HR 10 EMA)! Do these setups always work? NO.
Another simple system - Time-Frame 15