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TMS for Newbies Part 2

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  • Post #1,061
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  • Aug 26, 2019 4:23am Aug 26, 2019 4:23am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
first trade of the week..
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the cautious seldom err....C
 
1
  • Post #1,062
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  • Aug 26, 2019 4:42am Aug 26, 2019 4:42am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
Quoting pips29
Disliked
The loonie is not tradeable until the following occurs...I need to get a confirmed break of the horizontal R or the TL..price is still in an uptrend with HL but not HH...it's what I call an ascending triangle..you can still make money trading touches and bounces from both horizontal levels and TL..I rather wait, just my thoughts {image}
Ignored
in 20 minutes H4 will close on my platform..it's looking more and more like I 'll get a confirmed break of the TL
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the cautious seldom err....C
 
1
  • Post #1,063
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  • Aug 26, 2019 4:56am Aug 26, 2019 4:56am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
just gone in
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the cautious seldom err....C
 
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  • Post #1,064
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  • Aug 26, 2019 1:05pm Aug 26, 2019 1:05pm
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
I am left with very little for target..I was away from the computer for a good part of the afternoon and came back about 30 mins ago..
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the cautious seldom err....C
 
 
  • Post #1,065
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  • Aug 26, 2019 1:07pm Aug 26, 2019 1:07pm
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
also did the same with cable
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the cautious seldom err....C
 
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  • Post #1,066
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  • Aug 27, 2019 4:47am Aug 27, 2019 4:47am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
gone long both gbpnzd and gbpaud ahead of candle close...I reckon there is weakness with both aussie and the kiwi
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the cautious seldom err....C
 
 
  • Post #1,067
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  • Aug 27, 2019 9:11am Aug 27, 2019 9:11am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
just taken on H4...
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the cautious seldom err....C
 
 
  • Post #1,068
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  • Aug 27, 2019 9:14am Aug 27, 2019 9:14am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
out of gbpnzd with some pips...still have gbpaud going nowhere
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the cautious seldom err....C
 
 
  • Post #1,069
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  • Aug 27, 2019 9:23am Aug 27, 2019 9:23am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
mt gbpaud trade now after saying it was going nowhere just one post earlier, guess it must have heard me, ha,ha
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the cautious seldom err....C
 
 
  • Post #1,070
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  • Aug 27, 2019 9:25am Aug 27, 2019 9:25am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
Quoting pips29
Disliked
just taken on H4... {image}
Ignored
at b/e+ now
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the cautious seldom err....C
 
 
  • Post #1,071
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  • Aug 27, 2019 9:44am Aug 27, 2019 9:44am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
this is a good trade if taken on H4. It met all the conditions for a profitable trade..I did not take it as I did not want to be exposed to too many pound related trades. I chose eurgbp instead and had my gbpaud moved to b/e, I would have taken this trade as well ..anyway, you can't win them all
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the cautious seldom err....C
 
 
  • Post #1,072
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  • Aug 27, 2019 9:53am Aug 27, 2019 9:53am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
Ecad is at a very interesting level where previous R turned to Support which is broken now...whether this level will hold will be known when the candle closes at 6 pm later on..if you take a look at the daily you will notice there is a tdi cross and both red and green tdi is currently below the 50 mark which to me is bearish territory..Let's see how it closes at eod
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the cautious seldom err....C
 
 
  • Post #1,073
  • Quote
  • Aug 27, 2019 10:05am Aug 27, 2019 10:05am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
GU has printed a HH and there is hardly too many obstacles going up chart wise. Will probably trade cable tomorrow..incidentally, the little bit left on cable trade yesterday was taken out this morn.
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the cautious seldom err....C
 
 
  • Post #1,074
  • Quote
  • Aug 27, 2019 11:29am Aug 27, 2019 11:29am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
the remainder hit my target .I am not getting a continuation to the downside on H4 but in fact price bounced from the 200 ema which I suspected, hence it was where I set my target yesterday..so there will be no trading with the loonie until I see a clearer picture
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the cautious seldom err....C
 
1
  • Post #1,075
  • Quote
  • Aug 28, 2019 6:01am Aug 28, 2019 6:01am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
just taken ..let's see
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the cautious seldom err....C
 
 
  • Post #1,076
  • Quote
  • Aug 28, 2019 8:00am Aug 28, 2019 8:00am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
2nd trade of the day...I have not traded this pair for some time..let's see if I can get it right
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the cautious seldom err....C
 
 
  • Post #1,077
  • Quote
  • Aug 28, 2019 10:46am Aug 28, 2019 10:46am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
Quoting pips29
Disliked
just taken ..let's see {image}
Ignored
had to use another entry and got out on both with nett 0.6 pip
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the cautious seldom err....C
 
 
  • Post #1,078
  • Quote
  • Aug 29, 2019 10:26am Aug 29, 2019 10:26am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
I took this trade in the morning and was out within the same candle as my entry..It was a fast move and I did not have time to post as I left the computer to do some errands
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the cautious seldom err....C
 
 
  • Post #1,079
  • Quote
  • Aug 29, 2019 10:29am Aug 29, 2019 10:29am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
just taken my 2nd trade of the day
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the cautious seldom err....C
 
 
  • Post #1,080
  • Quote
  • Aug 29, 2019 10:43am Aug 29, 2019 10:43am
  •  pips29
  • Joined Aug 2012 | Status: Member | 16,480 Posts | Online Now
this is even faster than my earlier trade on gbpaud..taken 60% off and stop at b/e+
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the cautious seldom err....C
 
 
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