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Trading Made Simple

  • #80,781
  • Jul 13, 2017 12:53am Jul 13, 2017 12:53am
I love looking the the Pipware multi-charts.
just one chart template I can see all the price action - M15, M30, H1, etc. to see if there is TDI cross on every different timeframe.
So far, I don't see any sell entries on M15, M30 and H1.
Some traders try to pick a reversal thinking that the reversal will start in the lowest timeframe. That is true but there is so much noise in low timeframes that Big E stopped trading anything below H1.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Jul 13 multi-charts.png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,782
  • Jul 13, 2017 2:09am Jul 13, 2017 2:09am
AUDUSD

Anyone here trying to sell by picking the top of this Month's candle high?

Look at MN chart BPP below.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 28 MN BPP.png Size: 33 KB


3 possible levels where you can try pick the top - 0.7700, 0.7800 and 0.7900.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,783
  • Jul 13, 2017 2:18am Jul 13, 2017 2:18am
Quoting emmanuel7788
AUDUSD Anyone here trying to sell by picking the top of this Month's candle high? Look at MN chart BPP below. {image} 3 possible levels where you can try pick the top - 0.7700, 0.7800 and 0.7900.
I am. I set some sell limit by ME ea. It will be nice trades. Plus some fundamental analysis says Aussie is overvalued and I think it has a point.
  • #80,784
  • Jul 13, 2017 4:57am Jul 13, 2017 4:57am
Still on the topic on market trend, there is an interesting articles in the July-Sep copy of the Fxtradermagzine Page 37 to 40.
"Mastering Trends".

You can read it online:

http://www.fxtradermagazine.com/

Enjoy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,785
  • Jul 13, 2017 5:09am Jul 13, 2017 5:09am
Quoting emmanuel7788
{quote} How to determine the Weekly trend or direction bias? Here is an example, USDCAD: what is the weekly trend this month, starting on Jul 01? first look at the MN chart, do you see consecutive bars/candles of the last 2 months? where is the 10EMA or Big E' 5EMA? {image} Is the price target 1.27059 "predictable" in a weekly downtrend? {image} Big E never mentioned anything about what is high probability trading. I do not recall if he even used this term "high probability" in his trading. But when I read his Post#647, there are things which he...
Thanks a lot
  • #80,786
  • Jul 13, 2017 8:29am Jul 13, 2017 8:29am
Dear emmanuel7788
I don't know if you seen my last post as I'm only a junior member but was wondering if you could point me in the right direction to the candle stick pattern EA you are running with alerts ??

Also are you running the TMS EA with it for help ??
Thanks
Craig
  • #80,787
  • Jul 13, 2017 9:52am Jul 13, 2017 9:52am
Hi friends any help about settings on pipware charts indi!? Thanc you
  • #80,788
  • Jul 13, 2017 11:22am Jul 13, 2017 11:22am
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  • #80,789
  • Edited 11:41am Jul 13, 2017 11:29am | Edited 11:41am
Im buying UJ right now on H4 .......
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  • #80,790
  • Jul 13, 2017 1:51pm Jul 13, 2017 1:51pm
Quoting mizi123
Im buying UJ right now on H4 ....... {image}

Me too
And also buying gbpusd using this method. My first trades!
So fingers crossed!

Thanks everyone for such a helpful attitude.
  • #80,791
  • Jul 13, 2017 4:19pm Jul 13, 2017 4:19pm
Hey guys,

I did not take this trade but I would like to have your input on if it was a good one or not

ty
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  • #80,792
  • Edited 4:44pm Jul 13, 2017 4:22pm | Edited 4:44pm
Quoting mizi123
Im buying UJ right now on H4 ....... {image}
I like your template - my TDI lines are not as smooth or easy read
care to share your TDI settings and template? Or confirm TDI settings as I have seen a few version e.g TDI red green which looks different from one from emmanuel7788
thanks in advance

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  • #80,793
  • Jul 13, 2017 4:23pm Jul 13, 2017 4:23pm
I took this set up, I would like to get some feedback on what your guys think... good or not so good

ty
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
  • #80,794
  • Edited 4:56pm Jul 13, 2017 4:46pm | Edited 4:56pm
Quoting mizi123
Im buying UJ right now on H4 ....... {image}
Im not sure if its got more left upside in her. I see more down or a possible divergence to form. Daily TDI is pointing down as well. Maybe tomorrow's USD data will decide.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiH4.png Size: 123 KB
Trade with confidence, trade without fear.
  • #80,795
  • Jul 13, 2017 7:31pm Jul 13, 2017 7:31pm
Quoting irishcraig09
Dear emmanuel7788 I don't know if you seen my last post as I'm only a junior member but was wondering if you could point me in the right direction to the candle stick pattern EA you are running with alerts ?? Also are you running the TMS EA with it for help ?? Thanks Craig
Hi,

Those who follow my posts here in FF will know that I started learning price action trading in my ealry years reading the james16 thread. That is where i found a few good indicators for candlesticks patterns.
But when I trade with TMS 5-Method, I don't use so many of those candlesticks patterns CSP. I only pick a few common ones which are frequently appears on our trading charts. By now, you should know what these CSP are. Someone actually complied a pdf on these and you will find it in this thread's attachments.

Some of the indicators which I use are also in the attachments.
But if you want to use this one which I had used since 2008 and re-coded that to suit my own trading needs, here is the original post link:
https://www.forexfactory.com/showthr...35#post2504535

There are many of such candlestick pattern recognition tools out there. Some are freeware and some you need to buy them online.
One example is this by :
http://www.pointzero-trading.com/Pro...CandlePatterns

But again, you need to decide on what CSP you want to look for and to trade.
I only look for the following:
BUOB, BEOB
BUEB, BEEB
IB, Double IB, NR4IB
MC[3]
DBHLC
DBLHC
WRB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,796
  • Jul 13, 2017 7:43pm Jul 13, 2017 7:43pm
Quoting Cryptosurf
{quote} Im not sure if its got more left upside in her. I see more down or a possible divergence to form. Daily TDI is pointing down as well. Maybe tomorrow's USD data will decide. {image}
We are seldom wrong when we follow MN W1 and D1 when we trade the H4.
make most of my money last 2 weeks with UJ.
buy when it rallys sell when it dips

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY MN W1 D1 H4 Jul14.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,797
  • Jul 13, 2017 7:46pm Jul 13, 2017 7:46pm
Quoting Jaizy
I took this set up, I would like to get some feedback on what your guys think... good or not so good ty {image}

I see a big candle... on your chart.
So I wait until the next move.
Otherwise, I go and trade the lower TF for some small pips.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,798
  • Jul 13, 2017 7:51pm Jul 13, 2017 7:51pm
Quoting Jaizy
Hey guys, I did not take this trade but I would like to have your input on if it was a good one or not ty {image}
Yesterday, someone very big was trading the Yearly chart ... LOL.

I wont get euphoric with those kind of spikes and start selling at the high. I don't want to end up with my trading capital locked in floating losses/DD for days and weeks.

I continue to stay on the buyers side until I see a W1 2-bars reversal pattern or a 5-bars D1 reversal pattern.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD JUul 14 MN W1 D1 H4.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,799
  • Jul 13, 2017 7:56pm Jul 13, 2017 7:56pm
Quoting mizi123
Hi friends any help about settings on pipware charts indi!? Thanc you

You did not say what sort of hekp you need.

But this old post has the indicators and templates I use.

https://www.forexfactory.com/showthr...59#post9588859

If you want to see something different, simply describe it and I'll see what I can do to help you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,800
  • Jul 13, 2017 8:59pm Jul 13, 2017 8:59pm
Quoting emmanuel7788
{quote} I don;t think, my MT4 alert sent me an SMS early today...when Pop Gun shows up. that is a gem setup at BRN 147.00, very rare and when it shows up, simply go for it. {image}
Hello emmanuel7788,

The only person I have ever heard refer to a "Pop Gun" pattern is Jeffrey Kennedy. Are you a fan of his work?

Best regards,
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