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Trading Made Simple

  • #105,941
  • Jun 27, 2020 7:37pm Jun 27, 2020 7:37pm
Quoting emmanuel7788
USDCAD Jun 26 M15 sell selling at the right place Daily spinning top Close level {image}
USDCAD Jun 26 M15 trading

that sell trade Closed when the PA reversed. Cut-loss -0.5R.

Took a new buy entry after sell exit.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jun 26 M15 buy reverse 26-6-2020 9-06-11 pm.png Size: 35 KB


Closed - exit by TP.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jun 26 M15 trade closed 26-6-2020 9-45-08 pm.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,942
  • Jun 27, 2020 7:45pm Jun 27, 2020 7:45pm
USDCAD Jun 26

interesting how the NY session traded ... last Friday.

if you are trading M15, you would have got 2 to 3 good trades following the Price Action with the HA candles and 5EMA. It is the exit strategy and trade management. There are many more types of exits not just using the TDI for exit.
One of the Price Action exit is to use the HA candle colour change as exit condition.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jun 26 M15 NY session closed 28-6-2020 8-37-55 am.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,943
  • Jun 27, 2020 7:54pm Jun 27, 2020 7:54pm
Quoting emmanuel7788
{quote} USDCAD Jun 26 M15 trading that sell trade Closed when the PA reversed. Cut-loss -0.5R. Took a new buy entry after sell exit. {image} Closed - exit by TP. {image}

very good trade
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 154 KB
  • #105,944
  • Jun 27, 2020 7:55pm Jun 27, 2020 7:55pm
Quoting emmanuel7788
{quote} TMS Monitor Jun 26 H4 2AM PDT {image} GBPNZD Jun 26 H4 Took profit +45pips Now re-entry and plan for close at the next H4 6AM PDT. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Jun 26 H4 LO3 26-6-2020 5-03-37 pm.png Size: 22 KB


GBPNZD Jun 26 6AM exit ... trade closed.

Learning from the trading discipline of the OP and closing my H4 trade at 6AM especially since it was Friday and the NY session.
Closed the week for GBPNZD with 2 winners and 1 BE+ : +31pips, +45pips, +1pip.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Jun 26 H4 trade close 6AM 26-6-2020 9-05-07 pm.png Size: 46 KB


DISCIPLINE is key to achieve and maintain CONSISTENCY in trading. There is no such thing as good or bad discipline, or right or wrong discipline. As a trader, you have to have that DISCIPLINE in you to perform your trading tasks according to your own written trading plan. Your trading edge is a part of what you have in your own trading plan.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,945
  • Jun 27, 2020 7:57pm Jun 27, 2020 7:57pm
Quoting emmanuel7788
EURAUD Jun 25 H4 2AM PDT Keep It Simple: Read One, Two and Three and Follow Post#261 and Post#647 Wait for the H4 2AM PDT candle and get a trade entry during the trade window 30 mins to 120 mins. Now wait for the next H4 6AM PDT and manage the trade. {image}

very good trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 93 KB
  • #105,946
  • Jun 27, 2020 8:02pm Jun 27, 2020 8:02pm
emmanuel 7788
do not let yourself be persuaded you will do well where sl and tp are located it does not matter the trade counts with profit
  • #105,947
  • Jun 27, 2020 8:03pm Jun 27, 2020 8:03pm
Quoting emmanuel7788
{quote} {image} GBPNZD Jun 26 6AM exit ... trade closed. Learning from the trading discipline of the OP and closing my H4 trade at 6AM especially since it was Friday and the NY session. Closed the week for GBPNZD with 2 winners and 1 BE+ : +31pips, +45pips, +1pip. {image} DISCIPLINE is key to achieve and maintain CONSISTENCY in trading. There is no such thing as good or bad discipline, or right or wrong discipline. As a trader, you have to have that DISCIPLINE in you to perform your trading tasks according to your own written trading plan. Your...
GBPNZD Jun 26 H4 Close

closing a trade @6AM PDT mean I missed the move down which is another 30 to 35 pips.

But I am a winner in term of TRADING DISCIPLINE having followed my trading hours and trade plan for the week.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Jun 26 H4 Close 28-6-2020 8-58-34 am.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,948
  • Jun 27, 2020 8:13pm Jun 27, 2020 8:13pm
Quoting kette
{quote} very good trade {image}

technically, there is more room to the upside next week.

will be watching this pair and see what happens at June month end closing... mid-week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,949
  • Jun 27, 2020 8:22pm Jun 27, 2020 8:22pm
Quoting emmanuel7788
{quote} technically, there is more room to the upside next week. will be watching this pair and see what happens at June month end closing... mid-week.
I agree, watch
  • #105,950
  • Jun 29, 2020 2:00am Jun 29, 2020 2:00am
Making a trading plan and following it step by step will make trading simple instead of jumping to conclusions. Thanks for the useful info.
  • #105,951
  • Jun 29, 2020 2:13am Jun 29, 2020 2:13am
EURGBP Jun 29 H1 London Open

a little late on LO entry but follow the Sunday candle ...

FO was small bar/candle

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jun 29 H1 LO entry 29-6-2020 3-10-00 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,952
  • Jun 29, 2020 2:21am Jun 29, 2020 2:21am
EURUSD Jun 29 H1 London Open

Looking for buy entry now, LO H1 is 42 minutes and will it provide a 'step' entry

or should I wait for the H4 2AM PDT?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jun 29 H1 LO step entry 29-6-2020 3-17-48 pm.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,953
  • Jun 29, 2020 4:06am Jun 29, 2020 4:06am
Quoting emmanuel7788
EURGBP Jun 29 H1 London Open a little late on LO entry but follow the Sunday candle ... FO was small bar/candle {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jun 29 H1 LO entry 29-6-2020 3-10-00 pm.png Size: 42 KB


EURGBP Jun 29 H1 trade update @2AM PDT

nice London session move with buyers pushing price higher. I can now move my trade to BE+ and it is now a free trade with small profit.
Now is to wait for the next H1 bar/candle and then perform my next trade management task.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jun 29 H1 trade update 2Am PDT BE 29-6-2020 5-02-15 pm.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,954
  • Jun 29, 2020 4:13am Jun 29, 2020 4:13am
GBPNZD Jun 29 H4 2AM PDT trade entry

Follow Daily Price Action and the established trend/swing.
Next trading task is manage the trade in case the price pulls back 15 to 20 pips otherwise wait till next H4 at 6AM PDT

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Jun 29 H4 2Am PDT trade 29-6-2020 5-08-42 pm.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,955
  • Jun 29, 2020 4:19am Jun 29, 2020 4:19am
EURUSD Jun 29 H4 2AM PDT

H4 trade buy entry.

would be interesting to see today' and tomorrow's Daily bar/candle to Close this Month June.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jun 29 H4 2AM PDT 29-6-2020 5-15-03 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,956
  • Jun 29, 2020 5:15am Jun 29, 2020 5:15am
Quoting emmanuel7788
{quote} {image} EURGBP Jun 29 H1 trade update @2AM PDT nice London session move with buyers pushing price higher. I can now move my trade to BE+ and it is now a free trade with small profit. Now is to wait for the next H1 bar/candle and then perform my next trade management task. {image}

EURGBP Jun 29 H1 trade management update

moved SL to trail behind the previous H1 Low and locked +21pips.

will consider a new higher TP now that I have some profit locked.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jun 29 H1 trade update CSTSL 29-6-2020 6-11-31 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,957
  • Jun 29, 2020 6:27am Jun 29, 2020 6:27am
Quoting emmanuel7788
{quote} EURGBP Jun 29 H1 trade management update moved SL to trail behind the previous H1 Low and locked +21pips. will consider a new higher TP now that I have some profit locked. {image}

EURGBP Jun 29 H1 trade update

New TP set higher based on historical D1 levels

CSTSL (cnd-1)move to previous H1 bar/candle low. Locked +36 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jun 29 H1 Trade update LO5 29-6-2020 7-08-39 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,958
  • Jun 29, 2020 10:39am Jun 29, 2020 10:39am
Trading can be made simple if you are clear with your trading plan most importantly the strategy which you will use for trading.
  • #105,959
  • Jun 29, 2020 6:22pm Jun 29, 2020 6:22pm
Quoting emmanuel7788
{quote} EURGBP Jun 29 H1 trade update New TP set higher based on historical D1 levels CSTSL (cnd-1)move to previous H1 bar/candle low. Locked +36 pips. {image}

EURGBP Jun 29 H1 trade closed

trade closed, trailing stop got hit. +42 pips

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jun 29 H1 trade close 42pips 30-6-2020 7-04-59 am.png Size: 46 KB


Today trade plan is simple, i.e. to look for a price level to buy ...Daily is where I look for the better price to buy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #105,960
  • Jun 29, 2020 6:27pm Jun 29, 2020 6:27pm
Quoting emmanuel7788
EURUSD Jun 29 H4 2AM PDT H4 trade buy entry. would be interesting to see today' and tomorrow's Daily bar/candle to Close this Month June. {image}

EURUSD Jun 29 H4 trade closed.

- trade closed. Moving my trade SL to BE+ and got hit by that violent Daily pullback.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jun 29 H4 trade closed BE_P 30-6-2020 7-12-53 am.png Size: 42 KB


Trade Plan for today' month end trading still the same as yesyreday.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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