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Trading Made Simple(r)

  • #861
  • Jul 1, 2019 7:10am Jul 1, 2019 7:10am
Quoting paul72
RH template or genie is?

COMBO perhaps...up for discussion and testing for performance
  • #862
  • Edited 7:46am Jul 1, 2019 7:25am | Edited 7:46am
Testing many different things in trading is good. It's usually how we grow and improve as traders. This is the set-up that I will be "testing" until it proves itself worthy of keeping or not:

Attached Image (click to enlarge)
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Always a Student, Never a Master - Emulate What Works
  • #863
  • Jul 1, 2019 7:49am Jul 1, 2019 7:49am
GBPUSD short
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Regards
  • #864
  • Jul 1, 2019 7:57am Jul 1, 2019 7:57am
taking short on NZDUSD
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  • #865
  • Jul 1, 2019 8:28am Jul 1, 2019 8:28am
Quoting badgeek
taking short on NZDUSD {image}
Long Trend on Daily TF.
  • #866
  • Jul 1, 2019 8:59am Jul 1, 2019 8:59am
Quoting jawadonfx
{quote} Long Trend on Daily TF.
it starting to change direction...
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  • #867
  • Jul 1, 2019 9:14am Jul 1, 2019 9:14am
Hello everyone, just to ask Robinhood about this statement that him post on page 1 under Trading Tips:

Quote
When you get a signal to enter on the 4 Hr. or Daily chart, drop down to the 1 min. or 5 min. chart and only enter when they are moving in the same direction as the entry signal.
How we can interpret that?, going from 4 hours to 5 minutes is a lot of bars, mostly if I want to trade the 15 min chart.

Also, please, for the people posting here, say IF you are trading on Demo or Real !!, because on Demo, the emotions are null...and in Real.. the drawdowns can be mentally devastating .

Thanks
"Great Men are not born great, They Grow Great."
  • #868
  • Jul 1, 2019 9:41am Jul 1, 2019 9:41am
Eur aud ? Think it’s ready for a buy ?
  • #869
  • Jul 1, 2019 10:04am Jul 1, 2019 10:04am
Quoting Bluejay12
Eur aud ? Think it’s ready for a buy ?
Hi, You have the SMA 200 as resistance, EURUSD is going down and the time is not optimum
  • #870
  • Jul 1, 2019 10:13am Jul 1, 2019 10:13am
Usdchf short term trade
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Will be back in 5years
  • #871
  • Jul 1, 2019 10:14am Jul 1, 2019 10:14am
im experimenting using macd to see consistent pattern,
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  • #872
  • Jul 1, 2019 10:27am Jul 1, 2019 10:27am
Quoting MyProfit
Hello everyone, just to ask Robinhood about this statement that him post on page 1 under Trading Tips: {quote} How we can interpret that?, going from 4 hours to 5 minutes is a lot of bars, mostly if I want to trade the 15 min chart. Also, please, for the people posting here, say IF you are trading on Demo or Real !!, because on Demo, the emotions are null...and in Real.. the drawdowns can be mentally devastating . Thanks
Whatever time frame you are trading (above 5 min. charts), when you get a signal, you THEN drop down to the 1 min. or 5 min. chart TO FINE TUNE YOUR ENTRY and only enter when the 1 min. or 5 min. charts are moving in the same direction as the entry signal.
Always a Student, Never a Master - Emulate What Works
  • #873
  • Jul 1, 2019 10:30am Jul 1, 2019 10:30am
Hey I have question regarding trading H4 and checking Daily time frame for confirmation.
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Does all the rules should apply to the Daily time frame as well and I am not taking this trade OR I can take this trade because H4 ticks all the boxes, and in Daily it looks like it's going to reverse....
  • #874
  • Jul 1, 2019 10:40am Jul 1, 2019 10:40am
TODAY
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  • #875
  • Jul 1, 2019 10:56am Jul 1, 2019 10:56am
Quoting onsen
Hey I have question regarding trading H4 and checking Daily time frame for confirmation. {image} Does all the rules should apply to the Daily time frame as well and I am not taking this trade OR I can take this trade because H4 ticks all the boxes, and in Daily it looks like it's going to reverse....
You CAN do either. It's ultimately up you, BUT the usually the odds of a winning trade go up when you follow the trend on the next higher time frame up.

You asked: "Does all the rules should apply to the Daily time frame as well?"

Yes
Always a Student, Never a Master - Emulate What Works
  • #876
  • Jul 1, 2019 11:00am Jul 1, 2019 11:00am
EU is going down like a rock, GU different story . Pound is stronger !
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  • #877
  • Jul 1, 2019 11:02am Jul 1, 2019 11:02am
Quoting badeel
TODAY {image}
GOOD JOB!

Here are the trades I am currently in:

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Always a Student, Never a Master - Emulate What Works
  • #878
  • Jul 1, 2019 11:17am Jul 1, 2019 11:17am
Quote
Quoting MyProfit
Quote
Hello everyone, just to ask Robinhood about this statement that him post on page 1 under Trading Tips: {quote} How we can interpret that?, going from 4 hours to 5 minutes is a lot of bars, mostly if I want to trade the 15 min chart. Also, please, for the people posting here, say IF you are trading on Demo or Real !!, because on Demo, the emotions are null...and in Real.. the drawdowns can be mentally devastating . Thanks

RobinHood
Whatever time frame you are trading (above 5 min. charts), when you get a signal, you THEN... drop down to the 1 min. or 5 min. chart TO FINE TUNE YOUR ENTRY and only enter when the 1 min. or 5 min. charts are moving in the same direction as the entry signal.

Thank You ..It is clear now

Also for people trading EURUSD Pair, the pair will be up on M5....
Attached Image (click to enlarge)
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"Great Men are not born great, They Grow Great."
  • #879
  • Jul 1, 2019 11:18am Jul 1, 2019 11:18am
Quoting RobinHood
{quote} GOOD JOB! Here are the trades I am currently in: {image}
AU looks very attractive you got 2 trades in 2 hours
  • #880
  • Jul 1, 2019 11:24am Jul 1, 2019 11:24am
Quoting badeel
TODAY {image}
Well done mate!
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