Trading Made Simple

Quoting Roni26

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So guys after having a few weeks of consistent profit I lost alot of pips this past week. I have attached screenshots of my entries with Yellow arrows above them, they were both on the second bar. Both were losses, I believe the market was in a range bound condition. Any way or indicator we can use to avoid trading in ranges? How would you have traded this?- I used the conservative entry of price closing outside the PAC channel and then entering on the second candle... Advice would be welcomed- Emmanuel if you could also shed some light on this...

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Quoting emmanuel7788

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{quote} or if you won't, then I have another simpler solution for you.

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Quoting Tekkies

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{quote} Buy or Sell order?

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Quoting Roni26

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{quote} Both yellow arrows were sell orders... I can just see maybe because it looks like a range? but both were valid signals.

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Quoting Ali.J

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{quote} Hi Emmanuel What is that please ? (Another Simpler Solution)

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Quoting Roni26

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So guys after having a few weeks of consistent profit I lost alot of pips this past week. I have attached screenshots of my entries with Yellow arrows above them, they were both on the second bar. Both were losses, I believe the market was in a range bound condition. Any way or indicator we can use to avoid trading in ranges? How would you have traded this?- I used the conservative entry of price closing outside the PAC channel and then entering on the second candle... Advice would be welcomed- Emmanuel if you could also shed some light on this...

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Quoting emmanuel7788

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{quote} @Roni26,, Why do you trade UJ using the 5EMA and GJ using the PAC? The rules of these two are different . You have to decide one over the other as you have decided to use the TDI Realtime version. I don't worry about the range when I trade H1. I am more concern if there is consolidation in the price. Ranging market type and price consolidation are different things. When I trade H4 and D1, I trade the range. The next important thing I look at is where the recent support and resistance are. When I pick a setup candle for trade entry, I must...

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Quoting Roni26

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{quote} Thank you Emmanuel- I normally use PAC as it is more conservative, using the 5ema shift 3 do you still wait for candle to close on the other side like the PAC entry? Also you mentioned I am using a 'Realtime' tdi? I thought all tdi's were the same, which one should i be using? are there any differences? I get your post about support being directly below my enteries and momentum not being on my side- I think i always fail to see these signs, especially momentum and decide to jump into a good tdi cross without seeing these signs. Kind regards,...

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Quoting emmanuel7788

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{quote} Puzzle piece 718 {image} What has happened to the Method? It started with aggressive entry and became more aggressive ... but the conservative entry using the 5EMA still work, right? First, we have aggressive entry with conservative exit, then we have aggressive entry with aggressive exit, and now we have more aggressive entry,... what exit? do we have a more conservative exit that come with more aggressive entry?

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Quoting emmanuel7788

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{quote} TDI Compare ... TDI Red Green (Post#25) and the TDI RT (Realtime version) latest screen capture EURUSD using both version on chart,.. you chose which version to trade with and write your own rules for entry and exit. make sure you know the differences between: - aggressive entry and conservative exit - conservative entry and aggressive exit - conservative entry and conservative exit do you need a 4th - aggressive entry and aggressive exit? {image} lots of examples and explanation in this summary below: TDI Compare summary posts https://www.forexfactory.com/showthr...3#post11103423...

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Quoting DJsignals

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Buy GBP Support Zone ✔ TDI ✔ Stochastic ✔ Yellow MA ✔ Price looks tired to fall. Initial Stop Loss : 1.3222 Potential Target Price : 1.3296 Emergency Exit : TDI Flat/Hook/Checkmark {image}

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Quoting Roni26

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{quote} Thanks for all your effort and help as usual Emmanuel! Just taken another trade on the gbpjpy and its not looking good- all analysis done and no support area in sight so not sure why the pull back- could you take a look at screenshot below? {image}

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