Here we go again.
Post#647
Post#647
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Trading Made Simple the right way, and other trading lessons 333 replies
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Disliked{quote} Yes. Below Supply Long wick Green angel below 4.30 Correction on previous green bar (pullback)Ignored
DislikedAUDUSD Week 23 Jun 06 When and Where No to trade... H1 reacts at the current week high which is resistance, although H1 TDI shows cross down, I would not take that as a sell trade as both the short term and long term trends - H4 and D1 show TDI Green above Red. {image} WAIT for buy price action setup with momentum. We want to enter a trade with price momentum and so that price moves quickly into profit in the next 2 to 3 bars/candles.Ignored
DislikedHow to trade Swing Points and Pin Bar same website above https://www.forexschoolonline.com/tr...ersal-signals/ You will see the same Swing Points and Pin Bar on your TMS 5-Method chart template and with the use of the APB/HA candles and the 5EMA Typical Price, Shift+3, these helps us to visualize the swings much easier. Example EURUSD D1 chart below. In an established trend and a pull back then that Pin Bar at BRN 1.2000 is the setup to sell. 5EMA shows the direction. {image}Ignored
DislikedAUDUSD Week 23 Jun 06 When and Where No to trade... H1 reacts at the current week high which is resistance, although H1 TDI shows cross down, I would not take that as a sell trade as both the short term and long term trends - H4 and D1 show TDI Green above Red. {image} WAIT for buy price action setup with momentum. We want to enter a trade with price momentum and so that price moves quickly into profit in the next 2 to 3 bars/candles.Ignored
Disliked{quote} Trade opened purely (i think) upon your rules (teachings) {image}Ignored
DislikedHi guys, Not sure if anyone took this trade but i entered short on the second red bar and it went against me by 35 pips!!! TDI cross was fine and angle was also steep. Any takers on how this trade should have been taken or no taken? {image}Ignored
Disliked{quote} Nothing wrong with TDI crossover. Lower time frame's and H4, D1 is moving down Angle of H1 green and Stoch is still going strong down. Keep trade open en move SL to breakeven as soon possible (Did you enter at the beginning of bar 1?)Ignored
Disliked{quote} Thanks for your reply Tekkies! I entered on the last red bar on the chart, I think it is classed as the second bar? Ive attached a pic below with an arrow showing which bar i entered on. The tdi crossed over, took a loss of 18-20pips so not 35pips as price did come down slightly with my short. {image}Ignored