Disliked{quote} GBPJPY Jan 16 TDI hooks back ... becasue the H4 bar Close lower than it Open. APB/HA remain bullish so I stay in the trade with SL below the previous 2 bars low... also the opposite side of the PAC. {image}Ignored
1
yah i read alot of pages , comments and much more ..it is not just simple and winning system... it require so much experience , time , back testing , patience , discpline , money management emmaneual and some other members are profitable becoz they are more than 5 years of experience with this system ..so i disheart , and planned to find someone else system /strategy
Do not dream ...
There is no easy miracle system and winner ....
Otherwise we would be millionaire ....
The AMF says 95% of individuals lose money in the long run.
Why? Lack of patience ... too dreamy I think.
I know Forex since 2011. I lost too much time with 'monstrous' methods, dream sellers, and sellers of signals ....
do not waste your time trying to find the miracle method! She does not exist.
The one and only success of the trader is rigor, patience, tenacity the experience!
You do not become a doctor overnight.
We do not become an airline pilot overnight
So we do not become traders overnight.
Find a method that you like.
But then, do not change the rules! apply, learn,apply, learn....
And be patient! The profits will not come from the day to the morrow.
Learn how to apply your method, and manage your risk and your money management.
After time, the profits will come from themselves.
Courage!
- #85,584
- Jan 16, 2018 2:52am Jan 16, 2018 2:52am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #85,586
- Jan 16, 2018 5:12pm Jan 16, 2018 5:12pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
What a difficult day. No +pips for me. I need to study these tops (EU,EJ,GU) and their consolidations. In hindsight, it might be best not to trade at all and wait for the market to make it's mind up. I know about both ways in a ranging market but today didn't strike me as easy to trade whatever you decided. If anyone has well tried and tested method to navigate this market I would appreciate some help and knowledge.
we need to know what the market conditions are and know when it the best time to trade our systems.
have 3 systems for different market conditions or market types.
trading H4 is just one of three systems.
USDCHF Jan 16 Bearish Engulfing Outside Bar setup. Note the APB/HA candle body is small but the price bar is bearish outside bar.
What does APB/HA small body tells us?
What does engulfing bar tells use?
It shows in the price momentum... i.e what the TDI Green line slope/angle tells us.
Use keyword "momentum" search of the OP's posts. Study every of his posts with keyword "momentum" and what he said in reply to other member' post question and those charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,587
- Jan 16, 2018 5:19pm Jan 16, 2018 5:19pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
"Empty Space" USDCHF D1 Week 03
empty space means where there is now previous month Low and Close for last 2 to 3 months.
empty space means where there is now previous month Low and Close for last 2 to 3 months.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,588
- Jan 16, 2018 5:28pm Jan 16, 2018 5:28pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,589
- Jan 16, 2018 5:43pm Jan 16, 2018 5:43pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
USDJPY H4 Jan 17
UJ move early today... CONTINUATION of the D1 candle
H4 makes lower high - lower low...
UJ move early today... CONTINUATION of the D1 candle
H4 makes lower high - lower low...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,590
- Jan 16, 2018 6:45pm Jan 16, 2018 6:45pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
3 amigos - AU, EU and GU H4 moving in same direction... 
it is sell USD at the moment... until
it is sell USD at the moment... until
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,591
- Jan 16, 2018 6:50pm Jan 16, 2018 6:50pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
EURJPY Jan 17 H4
...WAITing ..... another 1 H 10M
...WAITing ..... another 1 H 10M
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,592
- Jan 16, 2018 7:03pm Jan 16, 2018 7:03pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
more WAITing for Kiwi traders...
Do Not rush in trading,
when the USD bulls return, you will see them in H4 this maybe later week or next week or maybe not. Never make guesses, trade what we see on our charts.
Do Not start buying USD at the moment,... buying AU, EU and GU is better until we see the USD bulls.
Do Not rush in trading,
when the USD bulls return, you will see them in H4 this maybe later week or next week or maybe not. Never make guesses, trade what we see on our charts.
Do Not start buying USD at the moment,... buying AU, EU and GU is better until we see the USD bulls.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,593
- Jan 16, 2018 7:13pm Jan 16, 2018 7:13pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
LEARN TO ACCEPT LOSSES when you trade H4.
If you can accept up 45% in losing trades, over a 3 year period you will make some money.
Keep your losses small. Use a proven Exit strategy and manage your trades.
You must learn to trade and be patient for longer term results.
trade was good, follow the Weekly candle,
entry was good, TDI Green slope down ..
what kill that trade?
If you can accept up 45% in losing trades, over a 3 year period you will make some money.
Keep your losses small. Use a proven Exit strategy and manage your trades.
You must learn to trade and be patient for longer term results.
trade was good, follow the Weekly candle,
entry was good, TDI Green slope down ..
what kill that trade?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,594
- Edited 7:56pm Jan 16, 2018 7:38pm | Edited 7:56pm
- Joined Jul 2010 | Status: Trader | 9,189 Posts
- #85,595
- Jan 16, 2018 8:05pm Jan 16, 2018 8:05pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote} GBPJPY Jan 16 TDI hooks back ... becasue the H4 bar Close lower than it Open. APB/HA remain bullish so I stay in the trade with SL below the previous 2 bars low... also the opposite side of the PAC. {image}
Buying into strong resistance...is that what "30 long years" has taught you to do with your "hard earned money?"
Doing what you like is Freedom. Liking what you do is Happiness.
- #85,596
- Jan 16, 2018 8:09pm Jan 16, 2018 8:09pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
it seems you are scalping the 4 hr chart why not drop lower if you are going to scalp. You say your looking at PA but your not you are looking at a cross of indy heres what the price action is actually say {image}
Yes, you are quite right.
I stopped trading anything below H1.
If I have to trade lower TF, I would do it in the first few hours when Sydney/Tokyo open.
Example who I would have traded the SYD_2H high low which is usually low volatility. Usually quick 15 to 20 pips type of trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,597
- Jan 16, 2018 8:11pm Jan 16, 2018 8:11pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #85,600
- Jan 16, 2018 8:19pm Jan 16, 2018 8:19pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
AUDUSD Week 03 Jan 17
price at BRN 0.8000, watch the reaction and if it moves to higher levels.
what is that 'resistance ' on MN? is that considered as strong resistance to longer term traders?
price at BRN 0.8000, watch the reaction and if it moves to higher levels.
what is that 'resistance ' on MN? is that considered as strong resistance to longer term traders?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett