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Trading Made Simple

  • #89,221
  • Aug 7, 2018 6:19am Aug 7, 2018 6:19am
Quoting lddd
Valid Signal? USD/CAD M15 Update: Again, did not look at the higher TFs where its down. Closed -2 Pips. :/ {image}
The signal was valid on M15, H1 contradicted that signal.
Ok so you took the trade.
Now, don't panic when the price goes against your trade. Give the trade some breathing space.

Hindsight trading
Look at what the chart's are showing:
- M15 Cross over at level 32 (got lot of space to go up)
- Price on both chart's at level 32
- H1 has a green bar
- H1 green + Stoch is slowly going up (price is going up)
- M15 got a small doji (market does not know what direction to take)
- Look left and you would see a small zone of Support
- Candle are small (market does not know what direction to take)
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  • #89,222
  • Aug 7, 2018 6:20am Aug 7, 2018 6:20am
@Tekkies

Over 20 Signals already today called me to the screen where not 1 of them worked out for a 20-30 Pips move. There was probably just one good move on AUD/USD like already mentioned by emmanuel earlier this day (which i missed again) What a time saver...
  • #89,223
  • Aug 7, 2018 6:25am Aug 7, 2018 6:25am
Quoting Tekkies
{quote} The signal was valid on M15, H1 contradicted that signal. Ok so you took the trade. Now, don't panic when the price goes against your trade. Give the trade some breathing space. Hindsight trading Look at what the chart's are showing: - M15 Cross over at level 32 (got lot of space to go up) - Price on both chart's at level 32 - H1 has a green bar - H1 green + Stoch is slowly going up (price is going up) - M15 got a small doji (market does not know what direction to take) - Look left and you would see a small zone of Support - Candle are small...
Yes but thats exactly the problem. Like said a couple of times before markets 90% ranging/sleeping moving 1-10 Pips up and down. And the 10% it may moves some pips i enter into the wrong direction lol

What about the H4. Anyone got some good trades here this week so far?
  • #89,224
  • Aug 7, 2018 6:41am Aug 7, 2018 6:41am
Well i just re-entered long on UCAD again now even if it probably has nothing to do with the rules. Its just frustration because of waiting waiting waiting + the experience that waiting days for that perfect TDI Crosss signal in my case never worked out for a good run of pips in my direction.

I was also not able to catch even one good H4 signal. Watching for them the last 2 weeks. Maybe someone can give me a call next time there is one. Otherwise i probably wait until Xmas for it hah.

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  • #89,225
  • Aug 7, 2018 6:47am Aug 7, 2018 6:47am
Is there no working EA for this strategy by the way? I see there are a few but heard of people they´re all not profitable. So i wonder if this strategy is that good and TDI Crosses so predictable if not one person was able to bring this into code yet?
  • #89,226
  • Aug 7, 2018 6:52am Aug 7, 2018 6:52am
Quoting lddd
@Tekkies Over 20 Signals already today called me to the screen where not 1 of them worked out for a 20-30 Pips move. There was probably just one good move on AUD/USD like already mentioned by emmanuel earlier this day (which i missed again) What a time saver...
Ok, I got one chart GBPUSD alert are far apart.
Am sure when you got 10 pare's open the alert is going to sound like a doorbell that got stuck.
  • #89,227
  • Aug 7, 2018 7:00am Aug 7, 2018 7:00am
Quoting Tekkies
{quote} Ok, I got one chart GBPUSD alert are far apart. Am sure when you got 10 pare's open the alert is going to sound like a doorbell that got stuck.
I have EU, GU, AU, UJ and UCAD (so 5). Sound alarms deactivated otherwise i probably would already have a sudden hearing loss

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But what does it helps? If just concentrating on one pair by so many shit signals in ranging markets you not able to make 20 pips / week like that. And with 1-2 trades stopped out you would only be busy with getting the pips back instead of continual increasing them.
  • #89,228
  • Aug 7, 2018 7:11am Aug 7, 2018 7:11am
What about this H4 trade?

USDCHF ... Master Candle MC[3] consolidation at previous week's swing high resistance, + divergence + breakout of the MC

is this simple enough price action and support/resistance trading?

is there enough room for TP?

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,229
  • Aug 7, 2018 7:21am Aug 7, 2018 7:21am
EURUSD Week 32 Aug 07

Previous day D1 Aug 06 closed as Pin Bar

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and TMS H4 trade below,

same Master Candle consolidation, then trade the breakout.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,230
  • Edited 10:21am Aug 7, 2018 7:23am | Edited 10:21am
Quoting lddd
{quote} If just concentrating on one pair by so many shit signals in ranging markets you not able to make 20 pips / week like that. And with 1-2 trades stopped out you would only be busy with getting the pips back instead of continual increasing them.
Iddd you got a long way to go.
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  • #89,231
  • Aug 7, 2018 7:24am Aug 7, 2018 7:24am
TMS Monitor is a good alert tool, use it only when you have done your trade plan and know exactly what to look for.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,232
  • Aug 7, 2018 7:34am Aug 7, 2018 7:34am
Hi Emmanuel7788, re your post above #59228 with the TDI divergence, I don't have any on the same pair 4 hr, do you have any recommendation on my settings?

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  • #89,233
  • Aug 7, 2018 7:37am Aug 7, 2018 7:37am
GBPUSD Week 32

Monday Aug 06 closed bearish
very high risk to buy today

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Today Aug 07 H4 shows MC Consolidation but no clear breakout.


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Learn to pick only the best setups and the high probability trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,234
  • Aug 7, 2018 7:43am Aug 7, 2018 7:43am
Quoting catlitter
Hi Emmanuel7788, re your post above #59228 with the TDI divergence, I don't have any on the same pair 4 hr, do you have any recommendation on my settings? {image} {image}

But you have your Stochastics and that shows divergence, right?

For the TDI, I have the following setting

10,5,20, 3,1,7,0

with these settings, I don't care about the 12-2 and 4-6 clock face angle. I give more weight on the price action and the price momentum.

that is why I look at
DBLHC and DBHLC
BEEB and BUEB
BEOB and BUOB

for setups.

when we look at price making Higher High and Higher low, we must also see the Higher High has Higher Close

the same in opposite direction, Lower High and Lower Low , we must see Lower Close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,235
  • Aug 7, 2018 7:56am Aug 7, 2018 7:56am
Learn to look at blank chart and you will pick up price action trading much quicker.

Example NZDUSD Weekly chart below,

we will see the downtrend has ended weeks ago and the market type has changed.

we must learn to adapted our trading strategy according to the market type.

Attached Image (click to enlarge)
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If you are looking for the holy grail to forex trading, you need the first key:
https://www.axitrader.com/au/market-...x-market-types
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,236
  • Aug 7, 2018 9:09am Aug 7, 2018 9:09am
Quoting Enzzo
{quote} {file} {file} {image}
Hi Enzzo, I used your EA, but it does not take trades, habe you any idear
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  • #89,237
  • Aug 7, 2018 10:01am Aug 7, 2018 10:01am
Quoting Tekkies
{quote} Iddd you got a long way to go. {image}
Yeah, thanks these are the comments probably help me alot to improve my trading
  • #89,238
  • Aug 7, 2018 10:02am Aug 7, 2018 10:02am
My UCAD trade worked out for the 20 Pips aimed. Now as i see this, closed far to early. But who cares...

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  • #89,239
  • Aug 7, 2018 10:08am Aug 7, 2018 10:08am
Quoting lddd
My UCAD trade worked out for the 20 Pips aimed. Now as i see this, closed far to early. But who cares... {image}
poor exit
the cautious seldom err....C
  • #89,240
  • Aug 7, 2018 10:11am Aug 7, 2018 10:11am
Quoting emmanuel7788
TMS Monitor is a good alert tool, use it only when you have done your trade plan and know exactly what to look for. {image}
Where to find it? What you mean by trade plan and "know exactly what to look for". Man, I would be a little more inaccurate with your comments. Its like the homeless people holding up the cardboard signs in the streets saying "The End is coming, the end is coming" but none of them can tell you WHEN its coming
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