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  • #95,521
  • May 6, 2019 5:12am May 6, 2019 5:12am
Hi all,
I wanna share some views on EUR crosses: EURAUD, EURCAD, EURNZD and what is your idea? I wanna discuss for better entries on TMS.
Which pairs we should choose for Swing trade H4?
Thank you,
Son Nguyen
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  • #95,522
  • May 6, 2019 5:21am May 6, 2019 5:21am

Post 95,507: But if that some0ne trade blindly following the TDI no matter how great that angle,..............
  • #95,523
  • May 6, 2019 5:30am May 6, 2019 5:30am
Quoting Tekkies
Post 95,507: But if that some0ne trade blindly following the TDI no matter how great that angle,..............

but are you admitting that you are that some0ne who trade blindly following the TDI no matter how great that angle,.....?

you trade M15+ H1 V-Lines, right?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,524
  • May 6, 2019 8:42am May 6, 2019 8:42am
Quoting emmanuel7788
{quote} but are you admitting that you are that some0ne who trade blindly following the TDI no matter how great that angle,.....? you trade M15+ H1 V-Lines, right?
Are you still flapping your lips?
Post 93,885: - That V-Line is only there for visual aid.
Post 95,015: You can use them for visual aid.
Post 95,485: b. MQ4 build in vertical line (V-Line) and only used for visual aid when posting to FF. Not required or needed to trade this method.
Grow up Emmanuel, you are only making a fool of yourself.
  • #95,525
  • May 6, 2019 8:51am May 6, 2019 8:51am
Quoting Tekkies
{quote} Are you still flapping your lips? Post 93,885: - That V-Line is only there for visual aid. Post 95,015: You can use them for visual aid. Post 95,485: b. MQ4 build in vertical line (V-Line) and only used for visual aid when posting to FF. Not required or needed to trade this method. Grow up Emmanuel,...

@Tekkies,

There is no need for any visual aid. Your M15 H1 V-Line method failed and your V-Line indicator failed to make any pips to fill an wheel barrow.

Big E trade Post#647 without the need nor use any visual aid. He follow his own rules Post#261 but you ignored Post#261.

You are still in your own rabbit hole with all your additional indicators. You look like a fool with failed indicators. You have short memory.

Post#81,686 A picture is worth a thousand words...

Attached Image (click to enlarge)
Click to Enlarge Name: RevereFlash post 81686 06-05-2019 13-57-54.png Size: 475 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,526
  • May 6, 2019 8:58am May 6, 2019 8:58am
Quoting hikaru259
Hi all, I wanna share some views on EUR crosses: EURAUD, EURCAD, EURNZD and what is your idea? I wanna discuss for better entries on TMS. Which pairs we should choose for Swing trade H4? Thank you, Son Nguyen {image} {image} {image}

I chose 1) EURAUD and 2) EURNZD.

EURCAD is narrow range and not trending.

Tomorrow is AUD cash rate .. opportunity for a lotto win.

This week caution with COMMOD pair - AUD, NZD and CAD pairs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,527
  • May 6, 2019 9:15am May 6, 2019 9:15am
Quoting emmanuel7788
{quote} @Tekkies, A picture is worth a thousand words... {image}

Toxic Flow for FX Brokers.
  • #95,528
  • May 6, 2019 9:32am May 6, 2019 9:32am
Quoting Divergence
Explain this contradiction discretionary but rule based?
Quoting emmanuel7788
{quote} Good question which nobody ever asked me that and why I keep repeating that.
I will show and explain in my next 500 posts what a rule based discretionary trader is. Everyone be patient folks.
I think you've made over those 500 posts already .
Toxic Flow for FX Brokers.
  • #95,529
  • May 6, 2019 6:41pm May 6, 2019 6:41pm
Quoting anti-flash
{quote} {quote} I think you've made over those 500 posts already .

Oooops... actually 463 posts would have explained that easily.

However, Tekkies still has not got that what a discretionary rule-based trader is and she keeps on and on and on ... flapping her lips, regurgitating day-in day-out by copy-cut-and paste the OP's posts.

keep counting until I get to 12,912 posts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,530
  • May 6, 2019 6:58pm May 6, 2019 6:58pm
Today is big day for AUD traders,

expect volatility hour but yesterday's markets event may have dampen the sentiments.

Attached Image (click to enlarge)
Click to Enlarge Name: FF Calendar May 07 local time.png Size: 50 KB


my view is: nothing will change MN and W1.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 19 MNW!D1H4 07-05-2019 07-56-45.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,531
  • May 6, 2019 7:04pm May 6, 2019 7:04pm
Hi emmanuel,
I see that you are helping too many new traders here, posting your charts your trading plans and giving advices and informations and thats so kind from you to give some of your time for such things.
I see no sense of fighting a person who is trying only to use indicators or to make an EA that will make him rich without any efforts from him. (Stupid thinking)
I just wanted to say that.
Peace.
  • #95,532
  • May 6, 2019 7:15pm May 6, 2019 7:15pm
DE30 Week 19 May 07 update.

With the huge weekend price gap down,

question is will the gap be covered in the coming days? nobody knows. Yesterday's D1 candle is a spinning top... what will happen when a top stops spinning?

but I trade following the established Weekly trend and anything can happen this week to that Weekly trend.

if the gap gets cover but do not close above last week's Close, we get an interesting Weekly candle and that will change the Market Type condition for deciding next week trade plan.

Attached Image (click to enlarge)
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we have not seen price open above last Week Close yet and price is trading below this week Open which is the gap.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 19 W1 Buy EP SL 05-05-2019 20-37-34.png Size: 38 KB


traders who believe that the gap will be filled will still be buying. I am buying and taken some profits. I trade every 4-hours and I place any trade entries on M5 and i follow the established Weekly trend .

others will wait and trade in the lower timeframes M15 and H1.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,533
  • May 6, 2019 7:32pm May 6, 2019 7:32pm
Quoting ladharimoham
Hi emmanuel, I see that you are helping too many new traders here, posting your charts your trading plans and giving advices and informations and thats so kind from you to give some of your time for such things. I see no sense of fighting a person who is trying only to use indicators or to make an EA that will make him rich without any efforts from him. (Stupid thinking) I just wanted to say that. Peace.

Hi ladharimohan

Thanks.

I learned to accept that people will have their own views and opinions. But I draw a clear line when anyone becomes malicious with the intent to distract and mislead others, this is where I will come down hard with these people.

Be more patient in this thread. The OP is no longer here to moderate his thread therefore we keep our focus on trading and keep on sharing and discussing our different experiences and continue our learning journey together.

We must try continue in the same spirit the way it was like the old days when the OP was present.

Good trading and Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,534
  • May 6, 2019 9:26pm May 6, 2019 9:26pm
Quoting emmanuel7788
{quote} I chose 1) EURAUD and 2) EURNZD. EURCAD is narrow range and not trending. Tomorrow is AUD cash rate .. opportunity for a lotto win. This week caution with COMMOD pair - AUD, NZD and CAD pairs.
Hi Emmanuel
In Weekly TF, I see a potential swing high is forming and need to be confirmed. When zooming in Daily TF, yesterday is an Indecision Bar near an hard resistance with more than 4 bounces back. Today is forming an Inside bar. I will set an Short stop order below the Low of today bar +5 pips and wait for a breakout. This is the first entry and a building basket based on the first entry.
How about your plan on EURAUD?
Thank you
Son Nguyen
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  • #95,535
  • May 7, 2019 12:06am May 7, 2019 12:06am
Hi all,
Update for EURAUD idea + MEME management: EP1 and EP2 triggered and hit TP, 3 remaining EPs cancelled. A new basket will be created. Because of Red news, so I didn't put any sell stop for average up entry. Let's review and prepare for next plan.
After news released, we had a big & powerful bearish candle. Don't wanna chase price after a big candle, just wait for London session opening and see price action for pullback and find a short entry. My bias: EA still bearish.
Thank you,
Son Nguyen
Attached Image(s) (click to enlarge)
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  • #95,536
  • May 7, 2019 12:44am May 7, 2019 12:44am
Quoting hikaru259
Hi all, Update for EURAUD idea + MEME management: EP1 and EP2 triggered and hit TP, 3 remaining EPs cancelled. A new basket will be created. Because of Red news, so I didn't put any sell stop for average up entry. Let's review and prepare for next plan. After news released, we had a big & powerful bearish candle. Don't wanna chase price after a big candle, just wait for London session opening and see price action for pullback and find a short entry. My bias: EA still bearish. Thank you, Son Nguyen {image} {image}

well done!

I like your MM Excel sheet details.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,537
  • May 7, 2019 12:59am May 7, 2019 12:59am
Quoting hikaru259
{quote} Hi Emmanuel In Weekly TF, I see a potential swing high is forming and need to be confirmed. When zooming in Daily TF, yesterday is an Indecision Bar near an hard resistance with more than 4 bounces back. Today is forming an Inside bar. I will set an Short stop order below the Low of today bar +5 pips and wait for a breakout. This is the first entry and a building basket based on the first entry. How about your plan on EURAUD? Thank you Son Nguyen {image} {image} {image}

Hi,

I can see you have good eye for details and also meticulous in your work.

My trade plan remains the same as I started in Week 17 Apr 21, it is Buy 4H swing. I see Weekly make higher high higher low consecutive weeks so this week May 06 to 10 remains buy mode with TMS MEME. I have taken profits for the past 2 weeks and when this week opened with gap up, I closed my buy positions and open new basket which is now in floating loss with today major bears. I will sit through this week with no stress and was prepared to give back some banked-in profits to ride another week.

Looking at H4 price action, there are dynamic technical support with the BRN 1.5900 and 50EMA, 800EMA and 200EMA in the zone.

With RBA decision to hold rate @1.50, the Monthly and Weekly technicals look pretty much intact. Note, both MN and W1 are above its respective 10EMAs.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Week 19 May 07 H4 multi-charts 07-05-2019 13-38-41.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,538
  • May 7, 2019 3:25am May 7, 2019 3:25am
Quoting emmanuel7788
{quote} Hi, I can see you have good eye for details and also meticulous in your work. My trade plan remains the same as I started in Week 17 Apr 21, it is Buy 4H swing. I see Weekly make higher high higher low consecutive weeks so this week May 06 to 10 remains buy mode with TMS MEME. I have taken profits for the past 2 weeks and when this week opened with gap up, I closed my buy positions and open new basket which is now in floating loss with today major bears. I will sit through this week with no stress and was...
Hi Emmanuel,
1. I got your view. Your point is: your main trend in Weekly TF is your friend, you still will buy and buy again, you only stop buying when it tell you that price stopped going up. And when following an uptrend, you are only wrong in one time: you buy at top, and when your basket got SL, you know it's time to be careful and be ready for a downtrend confirmation.
So when going in details, as in image i attached, "X" range can be a complex pullback, and the swing low "A" is important swing. When price breaks through and if it form a HL in Weekly TF for confirming downtrend, you will only sell sell.... Is that right?

2. Initial SL for basket: following Question 1, could you please tell me where is your Initial SL for basket (your basket with floating loss)? If it was set at line A, it is too big with 500 pips SL.

3. EMAs:
50H4 = 8.3D ~ 1Week
200H4 = 33.3D ~ 1Month
800H4 = 133.3D ~ 6Month
So EMAs help to see the trend and price move of W,M and 6M on H4? and they are also dynamic resistance/support for price.
Please help me to clarify my concern.
Thank you so much,
Son Nguyen
Attached Image (click to enlarge)
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  • #95,539
  • May 7, 2019 3:59am May 7, 2019 3:59am
this method still works? i tried some charts but nothing is correct, just 2-3 trades per 10.
  • #95,540
  • May 7, 2019 4:16am May 7, 2019 4:16am
I based my trades on fundamental analysis. I prefer hold my positions several days to 2 weeks. When i read data on economic calendar, should i focus on actual data compare to previous month or to consensus ?. What way make more sense and why ?
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