Attachments: Trading Made Simple(r)

Trading Made Simple(r)

Post #941
Quote
Jul 3, 2019 3:59am Jul 3, 2019 3:59am

PhillipmC
| Joined May 2019 | Status: Member | 240 Posts

Quoting jamco388

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First time try this system Correct entry or not? {image}

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What pair is that ?

Post #942
Quote
Jul 3, 2019 4:02am Jul 3, 2019 4:02am

gj7rwt
| Joined Feb 2019 | Status: Member | 117 Posts

Quoting jamco388

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First time try this system Correct entry or not? {image}

Ignored

Only thing wrong that I can see is the HMA hasn't turned green yet, if it had then yes this would be a continuation trade

Post #943
Quote
Jul 3, 2019 4:06am Jul 3, 2019 4:06am

emmanuel7788
Joined Nov 2008 | Status: Member | 30,221 Posts

Quoting PhillipmC

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{quote} What pair is that ?

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XAUUSD...

Quoting jamco388

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First time try this system Correct entry or not? {image}

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it is a CONTINUATION setup following Weekly

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

Post #944
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Jul 3, 2019 4:09am Jul 3, 2019 4:09am

emmanuel7788
Joined Nov 2008 | Status: Member | 30,221 Posts

Quoting badgeek

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{quote} Hi emanuel, do you still use pz trend indicator?

Ignored

Hi badgeek

NO. Not using any of the PZ tools.

I have my own based on price volatility.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

Post #945
Quote
Jul 3, 2019 4:24am Jul 3, 2019 4:24am

emmanuel7788
Joined Nov 2008 | Status: Member | 30,221 Posts

Quoting jamco388

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First time try this system Correct entry or not? {image}

Ignored

Hi jamco388

a variation entry would have been to open buy when today Day Open.

Monday and Tuesday candles formed a Double Bars Low Higher Close DBLHC which is a bullish bar pattern. Tuesday bullish candle with a higher Close is good momentum and plus the canle close abobe the HMA and 5EMA. Note the 5EMA check mark and also the RSI (14) shows the momentum.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

Post #946
Quote
Jul 3, 2019 4:29am Jul 3, 2019 4:29am

Apollo-FX
| Joined Nov 2018 | Status: Member | 5 Posts

Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs.
Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size.
Risk/Reward = 27/43pips or 1:1.6 ratio.
Let me know if you would have taken this trade?

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Still learning.

Post #947
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Jul 3, 2019 4:33am Jul 3, 2019 4:33am

Reitilicios
| Joined Jul 2018 | Status: Member | 14 Posts

Hey Robinhood, thank you for sharing your strategy with us! I Started trading this Strategy a few days ago. Currently I'm in a Trade with the GBPUSD.
It looks very good so far and I'm thnking about to transition it from H4 to Daily. What do you do regarding the SL? Keep it where it is until you take it further down, based on the Daily chart?

Hope, to hear from you and keep up the good work!

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Post #948
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Jul 3, 2019 4:36am Jul 3, 2019 4:36am

jgadefelth
| Joined Jan 2008 | Status: Trillion Dollar Man | 1,491 Posts

Quoting Apollo-FX

Disliked

Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs. Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size. Risk/Reward = 27/43pips or 1:1.6 ratio. Let me know if you would have taken this trade? {image} {image}

Ignored

It dont seems that you use any of the indicators that we use in this thread, so its hard to answear looking at your pictures.

Best regards

Post #949
Quote
Jul 3, 2019 4:47am Jul 3, 2019 4:47am

trieuVhh
Joined Feb 2019 | Status: (っ.❛ ᴗ ❛.)0 | 178 Posts

Quoting Apollo-FX

Disliked

Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs. Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size. Risk/Reward = 27/43pips or 1:1.6 ratio. Let me know if you would have taken this trade? {image} {image}

Ignored

Wrong thread, lol, this is TMSr not TMS

Post #950
Quote
Jul 3, 2019 4:49am Jul 3, 2019 4:49am

emmanuel7788
Joined Nov 2008 | Status: Member | 30,221 Posts

Quoting Apollo-FX

Disliked

Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs. Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size. Risk/Reward = 27/43pips or 1:1.6 ratio. Let me know if you would have taken this trade? {image} {image}

Ignored

I would not have taken any buy positions today because the D1 and H4 TMSr bears will eat my buy stop loss easily.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

Post #951
Quote
Jul 3, 2019 5:17am Jul 3, 2019 5:17am

RobinHood
Joined Jul 2009 | Status: Bank Traders Beware | 984 Posts

Quoting jamco388

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First time try this system Correct entry or not? {image}

Ignored

Almost. The HMA line is pink. It needs to be green to go long.

Always a Student, Never a Master - Emulate What Works

Post #952
Quote
Jul 3, 2019 5:24am Jul 3, 2019 5:24am

hikaru259
| Joined Nov 2018 | Status: Member | 118 Posts

Quoting emmanuel7788

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GBPJPY Jul 03 D1 Sydney Open New York hands over to Sydney ... I pick the better one among the lot .. one with more 'room' to fall. {image}

Ignored

Cheers,
I got same run when it broke out the support, all of GBP pairs are running well.

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