EJ H4 trade from yesterday:
268 pips this moment
268 pips this moment
Attached Image
Trading Made Simple the right way, and other trading lessons 332 replies
Monitor for 'Trading Made Simple' system 563 replies
Indicators for the 'Trading Made Simple' system 343 replies
MTF Indicators for the 'Trading Made Simple' system 241 replies
Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} Be very careful today , it´s the last friday in the month , the time when brokers makes new lows or highs very often ! In Eu we are just a hand full of pips far away from the low of beginning October , lower it was the last time in early summer 2012 . No advice , just to keep in mind . GuidoIgnored
Disliked{quote} Here´s my interpretation of EU , for a last Friday in a month. I just had in mind lower lows are possible . Hunted a short trade . TP 55 pips ( hit ) on a lower low. Green pips to all of you and wish you a wonderful weekend. Guido {image}Ignored
Asking the big boys here, what is your opinion about this ? of course I closed +5 while I could have "easily" reached my target of +25
It's stressful sometimes, because it's a trade off in decision whether to let it run and maybe in 4hrs you have "+10...-10 ... 0 ... +20... +5... 0... -10.... 0... and then +30" or closing quickly on the first move after the candle open. Enter quickly at 00 minutes and exit fast ... Opinions ? Ideas ?
I know it's a never ending story, I know it's much more ranging then other periods so there are all small wings. I just wanna share my "frustrarion" sometimes, even though I'm ok with it, there are so many entry signals, not a big deal, there is always tomorrow and next trades... but still
Disliked{quote} Here´s my interpretation of EU , for a last Friday in a month. I just had in mind lower lows are possible . Hunted a short trade . TP 55 pips ( hit ) on a lower low. Green pips to all of you and wish you a wonderful weekend. Guido {image}Ignored
Disliked{quote} Hi Kouroushi, No, I look for other candlestick/bar pattern too. Just that in trending market, the Darvas Box theory works very well. The MC I use is based on Darvas Box 4-bars sequence. TMS is trend trading method using price action and price momentum. So I look for price contraction and expansion and its synergy with price momentum which the TDI shows us. I am awake during my business trading hours. The TDI is RSI, so when the trend is strong, price can still move higher or lower when the RSI is in overbougtt or oversold levels. There is...Ignored
DislikedHi lorbax Let me view your trade as I see it on H1, if your trading off H4, then H1 is your lower time frame, but still usable to manage your trade and get more pips out of your trade even with those retracement I tried to do it the way I trade , so you might have different view , hope this helps , all the notes on the chart Only problem I see is there was high impact pending news {image}Ignored
Dislikedemmanuel7788 & WDays & omonisha Thank you for your answers! This is all about experience, and thank you for sharing itIgnored
Disliked{quote} Hi emmanuel, Thank you for your time, chart postings and all the in depth explanations. Truly appreciate every bit of it and trying to absorb everything I'm reading. Soooo much to take in, but getting it slowly. I also want to take this opportunity to thank: Bizzle, WDays, Omonisha, TheScorps, Lastingwell, MrAussie and everyone else that is contributing in this wonderful thread. PS... hey Wdays, whenever you say "not to sound rude" you actually very politely direct the concerned trader in right direction. I couldn't help myself.. hehehe...Ignored
Disliked{quote} Dear Emmanuel, I notice you mostly look for MCs & Carvas Boxs during Asian session, is that right? Do you wake up early for them? Another question I asked you & you probably didn't see is that for selling, whether TDI cross near overbought or tDI cross below MBL is more important for you? Thanks in advanceIgnored
Disliked{quote} Hi emmanuel, Thank you for your time, chart postings and all the in depth explanations. Truly appreciate every bit of it and trying to absorb everything I'm reading. Soooo much to take in, but getting it slowly. I also want to take this opportunity to thank: Bizzle, WDays, Omonisha, TheScorps, Lastingwell, MrAussie and everyone else that is contributing in this wonderful thread. PS... hey Wdays, whenever you say "not to sound rude" you actually very politely direct the concerned trader in right direction. I couldn't help myself.. hehehe...Ignored
DislikedThis morning 09.00 am italian time (gmt+1) , on the H1 chart I entered the followings: AUDCAD {image} It first went positive for something like 12-15 pips and then it retraced down, after three hours I was sick of it and I closed before the news on CAD, and then it boomed up. There are two way of reading it in my point of you I did well closing before the news Charts (markets) discounts everything, news included Asking the big boys here, what is your opinion about this ? of course I closed +5 while I could have "easily" reached my target of +25...Ignored
DislikedDarvas Box I have searched the sites attachments, but I cannot find a Darvas Box indi, can someone please let me know where I could find it. ThanksIgnored
DislikedEmmanuel, I recall you using a monitor system. #tms? It was made with a guy beginning with an "A". Can you please share again. Thank you.Ignored