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Trading Made Simple

  • #85,481
  • Jan 12, 2018 1:41am Jan 12, 2018 1:41am
I caught a break out of a master bar on EJ H4. SL adjusted to break even.
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  • #85,482
  • Jan 12, 2018 1:48am Jan 12, 2018 1:48am
Quoting nigpig
I caught a break out of a master bar on EJ H4. SL adjusted to break even. {image}
Also on EU H4
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  • #85,483
  • Jan 12, 2018 2:09am Jan 12, 2018 2:09am
Hey Folks,

Its Friday and if you are trading H4 remember that you should be closing your H4 trades before NY session closes.
I would prefer close all my H4 trades by the time the London session close and I do not trade the NY 2nd half session.

If you want to trade the NY session, then trade the H1 like Big E.

I wont want to have any H4 open positions in floating losses over the weekend. I don't think anyone who trades timeframes below H4 should be holding on to trades in drawdowns for weeks and months. If you are looking at trade results on quarterly basis then it make more sense to trade the higher timeframes, D1 and W1.

Anyway, I don't see any H4 trade opportunities in the next 4 to 8 hours until NY session open.

My VDM TMS Evo account is up 2.3% this week being my first week of the 'contest'. Still too early, we have another 50 weeks to go.


If you still do not know what the 'contest' is about, go to this thread:
https://www.forexfactory.com/showthread.php?t=723914
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,484
  • Jan 12, 2018 2:15am Jan 12, 2018 2:15am
Quoting emmanuel7788
AUDUSD Week 02 Jan 11 - Mother Bar of Inside Bar Breakout trade Trade now at BE...free trade and my main task is exit management. {image}

AUDUSD trade closed at BE.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 02 Jan 11 trade closed at BE.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,485
  • Jan 12, 2018 2:20am Jan 12, 2018 2:20am
Quoting emmanuel7788
USDJPY Week 02 Jan 11 Master Candle breakout {image} Master Candle alert indicator, this old post: https://www.forexfactory.com/showthr...50#post8857950

This USDJPY trade did not move much and will consider closing it before NY session. Let's see what London session will bring.
Looks like it has exhausted its 52 weeks range ATR(52) already.
We shall see what happen next week with JPY pairs.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,486
  • Jan 12, 2018 2:38am Jan 12, 2018 2:38am
Quoting nigpig
{quote} Also on EU H4 {image}

Hi nigpig,

both EU and EJ running as LO, I have both at BE now and wait .............
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,487
  • Jan 12, 2018 2:44am Jan 12, 2018 2:44am
Hello
This week I opened 3 trades, the 3 winners. I closed too early EU and EJ but I am conservative

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With rigor, applying the criteria of the method to 100%, it seems that the potential is excellent.
But no need to disperse left to right ... Apply with simple rule.
simplicity rigor management is essential
And do not change without stopping method.
I love this method, because no need to be in front of his screens.
Only be there before the opening of London 9am GMT // 1PM GMT and 5PM GMT. Then it's just trade management.

The difference between the winner and the loser, will be only the one that is rigorous after a good risk management.
This is valid for any method you want to apply.
  • #85,488
  • Jan 12, 2018 2:46am Jan 12, 2018 2:46am
Eur Usd is on fire lol
  • #85,489
  • Jan 12, 2018 2:48am Jan 12, 2018 2:48am
Quoting emmanuel7788
{quote} Hi nigpig, both EU and EJ running as LO, I have both at BE now and wait .............
Sorry Emm, what is LO?
  • #85,490
  • Jan 12, 2018 2:50am Jan 12, 2018 2:50am
Quoting fleurdelys
Hello This week I opened 3 trades, the 3 winners. I closed too early EU and EJ but I am conservative {image} {image} {image} With rigor, applying the criteria of the method to 100%, it seems that the potential is excellent. But no need to disperse left to right ... Apply with simple rule. simplicity rigor management is essential And do not change without stopping method. I love this method, because no need to be in front of his screens. Only be there before the opening of London 9am GMT // 1PM GMT and 5PM GMT. Then it's just trade management. The...

good trades ...

now do you know the difference between Outside Bar and Engulfing Bar? and how the TDI Post#25 reflect the Close price of the Bar.... before it refreshed and repaints the Bar close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,491
  • Jan 12, 2018 2:54am Jan 12, 2018 2:54am
Quoting emmanuel7788
{quote} good trades ... now do you know the difference between Outside Bar and Engulfing Bar? and how the TDI Post#25 reflect the Close price of the Bar.... before it refreshed and repaints the Bar close.
It's the same thing?

Quoting realjumper
{quote} You asked a simple question, and you deserve a simple answer. The answer is that there is no difference, two names for the same thing. https://www.dailyfx.com/forex/educat...ical_Bars.html
  • #85,492
  • Jan 12, 2018 2:57am Jan 12, 2018 2:57am
I'm still waiting for the closing of the H4 candle, to see the final angle of the TDI
  • #85,493
  • Jan 12, 2018 2:59am Jan 12, 2018 2:59am
Quoting fleurdelys
{quote} It's the same thing? {quote}
no they are not the same thing. if they are why do some many books written on them differently.
test your eyes for details,

show me on any of your charts that Outside Bar and Engulfing Bar are the same thing... and I will explain how to take the trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,494
  • Jan 12, 2018 3:02am Jan 12, 2018 3:02am
Attached Image


it depends on the market context ... and the pressure between supply and demand

Okay I will look for examples tk
  • #85,495
  • Jan 12, 2018 3:06am Jan 12, 2018 3:06am
Quoting nigpig
{quote} Sorry Emm, what is LO?
I think Londre
  • #85,496
  • Jan 12, 2018 3:06am Jan 12, 2018 3:06am
Engulfing bars show momentum.
  • #85,497
  • Jan 12, 2018 3:13am Jan 12, 2018 3:13am
Quoting fleurdelys
{image} it depends on the market context ... and the pressure between supply and demand Okay I will look for examples tk

your two pictures don't represent forex market.

on stock charts, yes but rare seen in forex.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,498
  • Jan 12, 2018 3:14am Jan 12, 2018 3:14am
Quoting fleurdelys
{quote} I think Londre

LO = London Open
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,499
  • Jan 12, 2018 3:16am Jan 12, 2018 3:16am
[quote = emmanuel7788; 10664287] {quote} vos deux images ne représentent pas le marché des changes. sur les graphiques boursiers, oui mais rare vu dans le forex. [/ quote]
We see it when the opening of Sunday, there is a gap.?
  • #85,500
  • Jan 12, 2018 3:17am Jan 12, 2018 3:17am
BE OutsideBar
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Bullish EBar
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it's correct?
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