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jordfx replied Nov 27, 2012These sorts of trade just come to teach you patience...patience...and then PATIENCE. The LOGIC for entering the trade at A remained valid throughout. Where would you have placed your Stop Loss at A??? Price never made Lower lows from that point ...
Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Been in the sell since yesterday NY session. Holding for 1.2900 or maybe even 1.28600 depending on PA

Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Thanks so much for making us pay more attention to CS. Its really starting to sink in now.

Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Marking out Natural(Static) Support and Resistance levels for the days trading. Now in Conjunction with recent price action and the orientation of the 10, 50, 200 and 800 emas(Dynamic S/R), whats our sentiment for trading at the moment? Buying or ...
Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Oh! In that case I would have waited for more downward tilt from the 50ema. The angle of the 50 is always a huge clue for me.
Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Not a very good idea right now bro. You see price making lower lows? protect your money my friend. No market momentum. Buy when they buy. Sell when they sell. Trade safe.
Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012dear brother...why on earth would you buy right into the emas at that time? buying right into resistance? what were your thought processes at that time?

Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Nice trade. But would have been better to enter below the 200ema. Look at 4Htf. should be good for at least 45pips. who knows? lol!
Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Hi there mate. Sorry for the late reply. 1. The most important question I ask myself with regards to entry is....WHERE WILL I PLACE MY STOP LOSS? I typically aim for 2 - 12 pip stops. Anything more than that and I'm not interested. Reason being your ...
Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Broker times(and hence candle formations) are different as you rightly observe...but Price Action always remains the same. Study the previous PA over the previous couple of bars and you'll see you can still arrive at the same conclusion we did. If ...
Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012Don't forget..I don't predict price action! It just leads....and I follow suit!!! Make sense???


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jordfx replied Nov 27, 2012WOOOOW! FANTASTIC ISN'T IT? AND THIS IS WHAT THE 4HTF IS COOKING TOO!!! Master of CS!!!! Thank you so much for teaching us sir!!!

Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012EURUSD. Headsup guys. Here it comes!
...(could delay till NYO...who knows...hehehe)Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012EURUSD. Wow! would you look at that! Blasted through 200ema like it wasn't even there. Even longterm trendline from the week ago is broken! Next stop 1.29000????

Another simple system - Time-Frame 15
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jordfx replied Nov 27, 2012OMG! A vouch from the great teacher himself! I am so humbled! Not worth it yet sir! If I can only trade 1/10 the way you do? thats my dream and to help the less priveleged. Will keep on learning and learning from you sir!

Another simple system - Time-Frame 15