If rally fails, means not enough liquidity yet in the market. For big boys to buy, somebody has to sell to them first. So when you see candles like that failing, could mean either the retrace could end up being a bearish reversal after all, or they ...

Another simple system - Time-Frame 15

...firstly...why would you say trend is down? Assuming thats an EU chart?

Another simple system - Time-Frame 15

Good trading Davit.(though I can't say I understand your entries and risk management!) But consistency is key. My sincere condolences on the Boston tragedy. What a sad world we now live in.

Another simple system - Time-Frame 15

Always stay within your risk tolerance.

Another simple system - Time-Frame 15

hmmmm.....

Another simple system - Time-Frame 15

fingers crossed. whatever happens, price leads, we follow.

Another simple system - Time-Frame 15

yep. That buy setup looks a valid play for next week...if support holds.

Another simple system - Time-Frame 15

EMA entries are only good for when you miss the initial ideal entry from true support and or resistance. If trend takes off strongly, you can look for re-entries using rejections at 10ema. For lower momentum trends, you can use rejections from the ...

Another simple system - Time-Frame 15

Hope this helps...

Another simple system - Time-Frame 15

Hope this helps.

Another simple system - Time-Frame 15

EU. +54, +40pips.

Another simple system - Time-Frame 15

yep. sounds about right!

Another simple system - Time-Frame 15

divergence on it's own means nothing.

Another simple system - Time-Frame 15

closed 50% of positions on GJ for 90pips, EJ 75pips, EU 20pips, GU 35pips. Remaining positions stopped out at BE on GJ and EJ. EU, GU still at BE.

Another simple system - Time-Frame 15

EJ

Another simple system - Time-Frame 15

GU

Another simple system - Time-Frame 15

GJ

Another simple system - Time-Frame 15

EU

Another simple system - Time-Frame 15

I keep repeating. Identify the kind of market you're in for the day. Price usually does basically just two things. It's either RANGING(consolidation, accumulation, distribution, etc) OR It's CHANGING STATE( breakout, markup. mark down, etc). ...

Another simple system - Time-Frame 15