Trading Made Simple

Quoting akizama

Disliked

Does anyone have a good auto session indicator for NY ASIA and LONDON with this system.. As it seems some session indicators i tried in the passed get messed up due to the HA candles. Let me know! thx

Ignored

Quoting bluexpec

Disliked

@Emmanuel, thanks for keeping up this thread and going on with this system that BigE started. It really helped me a lot and just closed my first big trade since going full time on Monday, this really helped me to compile my system and make good tweaks to my trading system. Just wanted to thank you guys. Just closed my DAX short trade for 53 pips

Ignored

Quoting hikaru259

Disliked

{quote} 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...

Ignored

Quoting emmanuel7788

Disliked

NZD action today May 07 at 10PM EST.... about 2 hours from now. {image} EURNZD I have 3 open buy positions in one basket and with average entry price @1.6975, current SL 1.6765 on D1. {image}

Ignored

Quoting lukeit

Disliked

{image}

Ignored

Quoting lukeit

Disliked

{image}

Ignored

Quoting emmanuel7788

Disliked

{quote} wait for the H4 bar/candle to close, then check if the price bar is Bullish (green bar/candle) and the APB/HA candle change colour to blue, and both the Stcohastics and TDI shows a cross (signal) when the H4 close,... technical rules as Post#261. you have a reversal candle. but this is counter-trend setup... you know the risk of taking counter trend trades.... mitigate the risks.

Ignored

Quoting hikaru259

Disliked

{quote} Hi Emmanuel, Nice buy entries, NZD cash rate droped, So EURNZD fly now. I will wait for pullback and jump in the train.And it's seem that you have some buy 2 buy limit orders. What is pip distance between buy limit (x?) and how you manage them, you will trail stop/take profit per (x) pip and place another buy entry? And your TP is ~ 1.74890, is it placed based on R/R 1:1 from SL? P/s: My NZDCAD plan starts running now. Best regards, Son Nguyen {image}

Ignored

Quoting hikaru259

Disliked

Hi all, I want to discuss about XXX/JPY this week. these pairs show clear downtrend so we have many potential entry to jump in. 1. First I will show images of UJ, AJ, EJ, GJ in Daily TF with weekly overview. Which pair do you think we should choose to trade H4 swing. In my opinion, I prefer AJ with clear break Support. 2. Another question I want to discuss, hope someone can help me to have an answer. Let's imagine we have 4% capital to trade XXX/JPY. We have 2 options: (1) Choose 1 pair and put all 4% (2) Divine capital and put 1% into each pair...

Ignored

Quoting emmanuel7788

Disliked

{quote} Hi hikaru, Well, that rate reduction was not in the forecast unlike the AUD yesterday. We do not know how the market would react to the rate change or it left unchanged. Either way, there would have been some volatility and if the spike went down, I have my buy limits below my last lowest buy entry. If the spike went high, I have my buy stop above the last highest buy entry. I follow the Weekly and Daily pruice action hence trading with TMS MEME and managing with average entry price, I can handle the volatility in both directions. In worst...

Ignored

Quoting emmanuel7788

Disliked

{quote} wait for the H4 bar/candle to close, then check if the price bar is Bullish (green bar/candle) and the APB/HA candle change colour to blue, and both the Stcohastics and TDI shows a cross (signal) when the H4 close,... technical rules as Post#261. you have a reversal candle. but this is counter-trend setup... you know the risk of taking counter trend trades.... mitigate the risks.

Ignored

Quoting Ballistical

Disliked

Thought I'd share my TMS trades from the past couple of days. Price just completed a nice ABCD pattern on GU H1, accurate more or less to the pip! Often when price makes a strong move during London / NY, it will retrace back to the 23 / 38 area during the Asian session, before a continuation in the same direction the next day. Often the AB leg will come within a few pips of the CD leg (today's was particularly accurate). {image} {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} GBPAUD Week 19 May 06 to 10, The weekend gap change everything, did it? {image} we have a new scenario on D1 chart to consider this week. {quote} Wait for the TDI 're-calibrates' itself. {image}

Ignored

Quoting emmanuel7788

Disliked

GBPAUD Daily chart various scenarios the market will do what it wants, but looking at past performance by analysing what happened in its past after a bullish rally. History tends to repeats itself. {image} A,B,C,D and E can repeat or there will be yet another scenario F. Being GREEDY, I would love scenario B to happen in the comings days / weeks. I FEAR most Scenarios A and D much more than C because I am SELL bias. Scenario E is choppy conditions and can cause pro-long stress if selling at too high average price. In every market situation, we are...

Ignored