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Trading Made Simple

  • #86,181
  • Feb 13, 2018 6:10pm Feb 13, 2018 6:10pm
USDCAD Week 07 Feb 14 H4

Here is an example looking at the price using the PAC. Small candles 'trapped in the PAC.' Do Not waste time and money trading until we see potential breakout.
All the TDI crosses when market is narrow range sideways and when the price is trapped in the PAC should be avoided.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 07 Feb 14 H4.png Size: 37 KB


Looking at the big picture, I wait for this week's candle to close to confirm if last week's candle is setting the range for sideways market condition.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 07 BPP Feb 14.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,182
  • Feb 13, 2018 6:22pm Feb 13, 2018 6:22pm
EURAUD Week 07 H1 trading

If you love to trade H1, you can trade both ways - buy and sell in the same day and week.
Use THV CaveManager trade manager and set your Capital Protection to 15 ~25 pips for this pair.
Also scale out you trades to take some profit and let the remaining portion run to TP protected.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Week 07 H1 trading Feb 14.png Size: 29 KB


THV CaveManager, see this post:
https://www.forexfactory.com/showthr...1#post10663311
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,183
  • Feb 13, 2018 10:25pm Feb 13, 2018 10:25pm
Quoting emmanuel7788
{quote} USDJPY Week 07 Feb 14 update Nice move this week breaking that Weekly High-Low. Longer term target 105.00 still in sight but will take days maybe weeks, sell the rallies but be careful when the bullish corrections run deep. {image} {image}
USDJPY cleared lower 106.89 region quite easily this morning and now we shall see when it will hit the lower region between 106.66 and 105.22 region.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 07 Feb 14 cleaed 106.89.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,184
  • Feb 13, 2018 10:38pm Feb 13, 2018 10:38pm
GBPAUD Week 07 now in sideways range trading.
Resistance seen on MN and W1.
D1 structure change in progress.
At the moment can sell or possibly wait for a clear break to move higher in coming days.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Week 07 Feb 14 BPP.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,185
  • Feb 14, 2018 12:54am Feb 14, 2018 12:54am
Quoting emmanuel7788
At the moment can sell or possibly wait for a clear break to move higher in coming days. {image}

Perfect analyzing again. Buy or sell--- who cares. As long as the newbies get some hindsight charts to promote your FXPOD crapware you are the guru. Keep the comedy up.



Newbies be warned of emmanuel7788. Hes not true.
  • #86,186
  • Feb 14, 2018 5:43pm Feb 14, 2018 5:43pm
Quoting emmanuel7788
{quote} USDJPY cleared lower 106.89 region quite easily this morning and now we shall see when it will hit the lower region between 106.66 and 105.22 region. {image}

USDJPY Week 07 Feb 15 update:

Nice move yesterday but that 'bounce' off BRN 107.00 in lower timeframe got some traders thinking that it was buying.

Now we watch carefully that D1 candle which closes across the level 106.28, usually were 'big candles'. May happen today, if not then the following days.

The target 105.00 still in sight.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 07 Feb 15 106.28.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,187
  • Edited 6:05pm Feb 14, 2018 5:55pm | Edited 6:05pm
Quoting emmanuel7788
USDCAD Week 07 Feb 14 H4 Here is an example looking at the price using the PAC. Small candles 'trapped in the PAC.' Do Not waste time and money trading until we see potential breakout. All the TDI crosses when market is narrow range sideways and when the price is trapped in the PAC should be avoided. {image} Looking at the big picture, I wait for this week's candle to close to confirm if last week's candle is setting the range for sideways market condition. {image}

USDCAD Week 07 Feb 14 H4 trade:

Bearish Engulfing Bar BEEB breaking the low of the Price Action Channel.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 07 Feb 14 H4 trade BEEB.png Size: 31 KB


D1 chart looks nice,

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 07 BPP Feb 15 D1.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,188
  • Feb 15, 2018 2:07am Feb 15, 2018 2:07am
NZDUSD Week 06 Feb 15

For those traders who love to pick top to sell, maybe this one is for you.

where do you place your stop loss (to cut loss)?

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 07 Feb 15 picking top.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,189
  • Feb 15, 2018 2:13am Feb 15, 2018 2:13am
Quoting emmanuel7788
NZDUSD Week 06 Feb 15 For those traders who love to pick top to sell, maybe this one is for you. where do you place your stop loss (to cut loss)? {image}
I have this instrument in buy focus.
...this hard levels in mind.
Risiko birgt immer auch die Chance.
  • #86,190
  • Edited 3:55am Feb 15, 2018 3:11am | Edited 3:55am
EURUSD - M30TF - Short - retracement 1.24050 - Risk ON - intraday

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #86,191
  • Feb 15, 2018 1:13pm Feb 15, 2018 1:13pm
I'm stopping for this week as targets exceeded. Using MEME with a my own rules. I decided the direction through the week and had a few problems but overall a good result. Very pleased for a newbie.
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  • #86,192
  • Feb 15, 2018 2:31pm Feb 15, 2018 2:31pm
Hi All,
just wanted to inform you that I just uploaded my latest version of my TMS Expert Advisor.
https://www.forexfactory.com/showthr...5#post10783965

Feel free to test it on a demo account. In fact the more people test it the faster I can develop next versions.

It is still in a development phase. Therefore it only runs on a demo account.
You can install it on multiple currency pairs, but it will only trade one pair at one time.

If you have further questions, please ask in the separate EA thread. I don't want to clutter this thread with off topic technical discussions.
Cheers...
  • #86,193
  • Feb 15, 2018 2:56pm Feb 15, 2018 2:56pm
Quoting Sesamstrasse
{quote} I have this instrument in buy focus. ...this hard levels in mind.
looking at the Weekly, it is interesting how the market move into gray areas of WRBs ,

some traders believe in 'stop hunting' so they trade without stop loss,

while some other traders believe it is how the market works in knowing where to fill orders.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 07 W1 spike HG.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,194
  • Feb 15, 2018 2:58pm Feb 15, 2018 2:58pm
Quoting nigpig
I'm stopping for this week as targets exceeded. Using MEME with a my own rules. I decided the direction through the week and had a few problems but overall a good result. Very pleased for a newbie. {image}
What target in what year? (Report From 2015.01.01 until 2018.12.31.)
  • #86,195
  • Feb 15, 2018 3:09pm Feb 15, 2018 3:09pm
Quoting emmanuel7788
{quote} looking at the Weekly, it is interesting how the market move into gray areas of WRBs , some traders believe in 'stop hunting' so they trade without stop loss, while some other traders believe it is how the market works in knowing where to fill orders. {image}
Would you agree by hunting liquidity they also end up hunting stops.
It's in fear when people show what they truly value.
  • #86,196
  • Feb 15, 2018 3:10pm Feb 15, 2018 3:10pm
Quoting nigpig
I'm stopping for this week as targets exceeded. Using MEME with a my own rules. I decided the direction through the week and had a few problems but overall a good result. Very pleased for a newbie. {image}

Good job, well done!
Keep work at it and you will get there. It took me years.

Attached Image


Many gave up too early. They look for quick money and instant results so they jump from thread to thread looking for fast money. They think quc money comes form trading more often so they jump into the fast lane and trade 5 minutes charts without mastering the good basic fundamentals of trading.

Like I said many times, if you are committed to spend 3 to 5 hours every day for the next 2 to 3 years, you will most likely make it to become a trader and you will have a future when you retire rich and never have to work for other people again. You first need to achieve financial independence and then you can work on to financial freedom.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,197
  • Feb 15, 2018 3:13pm Feb 15, 2018 3:13pm
Quoting ensale
{quote} Would you agree by hunting liquidity they also end up hunting stops.

who provides market liquidity?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,198
  • Feb 15, 2018 3:18pm Feb 15, 2018 3:18pm
Quoting Tekkies
{quote} What target in what year? (Report From 2015.01.01 until 2018.12.31.)

the Report From 2015.01.01 is default in the Trade Report indicator.

however, if you set the Custom Period in your Account History to a specific date, it will show in the Trade Report according to the Custom Period.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,199
  • Feb 15, 2018 3:22pm Feb 15, 2018 3:22pm
Quoting emmanuel7788
{quote} who provides market liquidity?
for smart money, usually dumb money. and visa versa. and for dumb money, smart money provides liquidity (brokers, banks and dealers). They know most trader's are destined to fail. the mass (has) to lose for the few to prosper.

This same is seen in 1% having most of the worlds wealth.

is it possible to have a fairer market? where more win
It's in fear when people show what they truly value.
  • #86,200
  • Feb 15, 2018 3:22pm Feb 15, 2018 3:22pm
Quoting v2vboni
EURUSD - M30TF - Short - retracement 1.24050 - Risk ON - intraday {image}
WOW!

I see a lot of information on your chart.

Quite a few places where you can average up your trades lock profits as you follow the wave.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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