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Trading Made Simple(r)

  • #841
  • Jul 1, 2019 6:09am Jul 1, 2019 6:09am
EURGBP H4 ... possible turn UP.

I'll try catch it now...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #842
  • Jul 1, 2019 6:12am Jul 1, 2019 6:12am
Quoting emmanuel7788
Two more trades today,... slow moving Monday as usual. AUDUSD H4 Jul 01 {image} EURUSD H4 Jul 01 {image} Note: My charts are MT5 and the colours are different from the MT4 custom indicators in Post#1. Anyone taken some trades? The rules written by RobinHood in Post#1 are simple and easy to follow. But we may have different thought process when we look for trades, so please post and share, we can discuss our trading thought processes.
Emmanuel, I also took EURUSD 4H trade but 1 candle later than you because I was waiting for a clear breakout of the range:
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  • #843
  • Edited 6:30am Jul 1, 2019 6:13am | Edited 6:30am
Quoting emmanuel7788
EURGBP H4 ... possible turn UP. I'll try catch it now...
I think thats on a pull back spike candle now. I was expecting it to go down a few hours ago
Attached Image (click to enlarge)
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  • #844
  • Jul 1, 2019 6:24am Jul 1, 2019 6:24am
Quoting emmanuel7788
Two more trades today,... slow moving Monday as usual. AUDUSD H4 Jul 01 {image} EURUSD H4 Jul 01 {image} Note: My charts are MT5 and the colours are different from the MT4 custom indicators in Post#1. Anyone taken some trades? The rules written by RobinHood in Post#1 are simple and easy to follow. But we may have different thought process when we look for trades, so please post and share, we can discuss our trading thought processes.
I am selling gbp/cad got in at 1.65616
  • #845
  • Jul 1, 2019 6:27am Jul 1, 2019 6:27am
Quoting kirinda
{quote} Emmanuel, I also took EURUSD 4H trade but 1 candle later than you because I was waiting for a clear breakout of the range: {image}

I just moved mine to BE and got kicked out .... now back to waiting for the next setup.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #846
  • Jul 1, 2019 6:30am Jul 1, 2019 6:30am
Quoting martbac
{quote} I am selling gbp/cad got in at 1.65616

that's a good CONTINUATION setup sell also on D1 today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #847
  • Jul 1, 2019 6:32am Jul 1, 2019 6:32am
Quoting emmanuel7788
{quote} I just moved mine to BE and got kicked out .... now back to waiting for the next setup.
I did the exact same thing, got taken out at BE on that pullback. I would anticipate it to keep falling.
  • #848
  • Jul 1, 2019 6:32am Jul 1, 2019 6:32am
Quoting Bluejay12
{quote} I think thats on a pull back spike candle now. I was expecting it to go down a few hours ago {image}

Yup, I see that and the HMA has not cross the 5EMA(+2) for a setup candle.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #849
  • Jul 1, 2019 6:33am Jul 1, 2019 6:33am
Quoting emmanuel7788
{quote} I just moved mine to BE and got kicked out .... now back to waiting for the next setup.
I hope the price only do a pullback to the range and continues south . I do not use break even with this method: I exit with full stop loss or color
change with 2-3 indicators.
  • #850
  • Jul 1, 2019 6:37am Jul 1, 2019 6:37am
hey guys these are some of my biggest losess im open to any constructive criticsm /
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  • #851
  • Jul 1, 2019 6:37am Jul 1, 2019 6:37am
Quoting kirinda
{quote} I hope the price only do a pullback to the range and continues south . I do not use break even with this method: I exit with full stop loss or color change with 2-3 indicators.

my reason why I made the BE move is because when I check this morning my Weekly and Monthly, the higher probability is Buy bias. So now I am back to looking for the next H4 and D1 Buy crossover setup.


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 27 Jul 01 W1 01-07-2019 19-36-18.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #852
  • Jul 1, 2019 6:37am Jul 1, 2019 6:37am
Quoting kirinda
{quote} I hope the price only do a pullback to the range and continues south . I do not use break even with this method: I exit with full stop loss or color change with 2-3 indicators.
Thats not a bad way to go, especially if your sleeping during one of the candles or miss it by a little, you can still be in the game to keep in the trend
  • #853
  • Jul 1, 2019 7:27am Jul 1, 2019 7:27am
GBPJPY Jul 01 H4

Looking at H4 now, if there is a sell CROSSOVER setup I would not take it when I check it D1.
My preference is follow D1 and if there is a H4 buy setup.

Experienced traders will look at the H4 alone and can decide.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #854
  • Jul 1, 2019 7:51am Jul 1, 2019 7:51am
Long EURCHF short GBPUSD
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  • #855
  • Edited 8:16am Jul 1, 2019 8:02am | Edited 8:16am
Quoting mirzka
hey guys these are some of my biggest losess im open to any constructive criticsm / {image} {image} {image}
I won't go through all of your trades, but a few...

1. The GBPUSD 4 Hr. Stochastics were below the Purple 50 Line AND it was in more of a down trend on the Daily chart when you went long on the 4 Hr. chart.

2. The EURUSD 4 Hr. you went long inside of a "choppy area" and it had been that way for about 2 days. It's always better to avoid entering inside of that kind of mess.

3. We are not allowed to trade XAUUSD in the U.S. where I am and so I can't see the Daily chart, but based just on the 4 Hr. chart, the entry was correct.

4. GBPAUD 4 Hr., the trade didn't qualify as a Long entry because HMA line was below the Yellow Line and all of the indicators in the lower window were below the Purple 50 Line.

You REALLY need to go back to Post #1 and study the CORRECT things to look for before you enter trades.
Always a Student, Never a Master - Emulate What Works
  • #856
  • Jul 1, 2019 8:24am Jul 1, 2019 8:24am
Quoting emmanuel7788
{quote} Agree. template#1 works great exactly the way RH written in Post#1. SwingMan's TMMS Oscillator also show the RSI(14), Stoch(8,3,3) amd Stoch(14,3,3). These plus the HMA, 5EMA(+2) and HA/APB candle are the core of RH TMSr method. No need to fix anything which is not broken. The TMMS Histogram provide another information which need clear rules how to use them. If RH disapproves this, I would not continue with testing it. The ChandelierExit is another tool and has nothing to do with the core TMSr method.
I hope you can make a histogram tape for HA/APB candle too.
  • #857
  • Jul 1, 2019 8:39am Jul 1, 2019 8:39am
Quoting neil001
{quote} Hey Luttlebird - if you look at your results there is no consistency in the lot sizing so that means you have not calculated your "$risk" per trade - this is absolutely critical. If you then look at your exits, there are no exit signals on the trades - looks like random exit spots with no plan. There are a few lot size calculators for free on the net.....get one of those so that your risk is constant and then read a little more about RH options of exit - pick a few and practice them in backtest (ie - find them on old data on MT4). I have...
I was not able to get the Lot Size Calculator to work that neil001 posted, but I found another one that did work for me. If anybody has the same problem and would like to have one, here it is:

Attached File(s)
File Type: ex4 MQLTA MT4 Lot Size Calculator.ex4   100 KB | 687 downloads
Always a Student, Never a Master - Emulate What Works
  • #858
  • Edited 9:10am Jul 1, 2019 8:57am | Edited 9:10am
I just updated Post # 1 with some info. Because most of us don't need to go back and read Post # 1 very often (if ever), I wanted to re-post here one of the new things that I just posted there so everyone has been told:

If you are blatantly rude, obnoxious, insulting, or try to dissuade others in the thread with false information, you will be placed on IGNORE without warning (which means that you will no longer ever be able to post in the thread). No one wants those disruptions. We are here to help each other by teaching, learning, or both and so we need a nice, cordial environment that EVERYONE feels welcome in.

Luckily, in 850+ posts so far, we have had VERY few people being rude, etc. and for those of you who have been on FF for a while, that's pretty unusual. So thanks to everyone who has been "professional" here.
Always a Student, Never a Master - Emulate What Works
  • #859
  • Jul 1, 2019 8:57am Jul 1, 2019 8:57am
Quoting RobinHood
{quote} I was not able to get the Lot Size Calculator to work that neil001 posted, but I found another one that did work for me. If anybody has the same problem and would like to have one, here it is: {file}
some current trades MOVING SLOW MONDAY
EURUSD SELL
GBPCAD BOUNCE SELL
CHFJPY SELL
USDCHF BUY

SOME PAIRS TO ADD TO WATCH LIST THAT SHOULD CONFIRM SHORTLY WITH OUR SYSTEM (JUST WAITING)

AUDUSD SELL
USDCAD BUY
NZDUSD SELL
NZDCAD SELL
EURAUD BUY
NZDUSD SELL
  • #860
  • Jul 1, 2019 9:08am Jul 1, 2019 9:08am
RH template or genie is?
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