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Trading Made Simple(r)

  • #941
  • Jul 3, 2019 2:59am Jul 3, 2019 2:59am
Quoting jamco388
First time try this system Correct entry or not? {image}
What pair is that ?
  • #942
  • Jul 3, 2019 3:02am Jul 3, 2019 3:02am
Quoting jamco388
First time try this system Correct entry or not? {image}
Only thing wrong that I can see is the HMA hasn't turned green yet, if it had then yes this would be a continuation trade
  • #943
  • Jul 3, 2019 3:06am Jul 3, 2019 3:06am
Quoting PhillipmC
{quote} What pair is that ?

XAUUSD...

Quoting jamco388
First time try this system Correct entry or not? {image}

it is a CONTINUATION setup following Weekly

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jul 03 D1 03-07-2019 16-02-39.png Size: 59 KB


Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jul 03 W1 03-07-2019 16-04-18.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #944
  • Jul 3, 2019 3:09am Jul 3, 2019 3:09am
Quoting badgeek
{quote} Hi emanuel, do you still use pz trend indicator?

Hi badgeek

NO. Not using any of the PZ tools.

I have my own based on price volatility.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #945
  • Jul 3, 2019 3:24am Jul 3, 2019 3:24am
Quoting jamco388
First time try this system Correct entry or not? {image}
Hi jamco388

a variation entry would have been to open buy when today Day Open.

Monday and Tuesday candles formed a Double Bars Low Higher Close DBLHC which is a bullish bar pattern. Tuesday bullish candle with a higher Close is good momentum and plus the canle close abobe the HMA and 5EMA. Note the 5EMA check mark and also the RSI (14) shows the momentum.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD D1 janco388 post Jul 03.png Size: 352 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #946
  • Jul 3, 2019 3:29am Jul 3, 2019 3:29am
Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs.
Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size.
Risk/Reward = 27/43pips or 1:1.6 ratio.
Let me know if you would have taken this trade?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EJM153AM7-3-A.PNG Size: 34 KB
Still learning.
  • #947
  • Jul 3, 2019 3:33am Jul 3, 2019 3:33am
Hey Robinhood, thank you for sharing your strategy with us! I Started trading this Strategy a few days ago. Currently I'm in a Trade with the GBPUSD.
It looks very good so far and I'm thnking about to transition it from H4 to Daily. What do you do regarding the SL? Keep it where it is until you take it further down, based on the Daily chart?

Hope, to hear from you and keep up the good work!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.JPG Size: 330 KB
  • #948
  • Jul 3, 2019 3:36am Jul 3, 2019 3:36am
Quoting Apollo-FX
Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs. Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size. Risk/Reward = 27/43pips or 1:1.6 ratio. Let me know if you would have taken this trade? {image} {image}

It dont seems that you use any of the indicators that we use in this thread, so its hard to answear looking at your pictures.

Best regards
  • #949
  • Jul 3, 2019 3:47am Jul 3, 2019 3:47am
Quoting Apollo-FX
Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs. Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size. Risk/Reward = 27/43pips or 1:1.6 ratio. Let me know if you would have taken this trade? {image} {image}
Wrong thread, lol, this is TMSr not TMS
  • #950
  • Jul 3, 2019 3:49am Jul 3, 2019 3:49am
Quoting Apollo-FX
Took a buy on the EJ for a 50EMA touch on a 1 HR Timeframe because support held for over 5HRs. Plus its 3 AM, and PA changed direction at 2AM (London Open) on the 15M Timeframe, giving a decent SL size. Risk/Reward = 27/43pips or 1:1.6 ratio. Let me know if you would have taken this trade? {image} {image}

I would not have taken any buy positions today because the D1 and H4 TMSr bears will eat my buy stop loss easily.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Jul 03 H4 with D1 03-07-2019 16-46-00.png Size: 141 KB


Attached Image (click to enlarge)
Click to Enlarge Name: bear upstream eats salmon.png Size: 1.2 MB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #951
  • Jul 3, 2019 4:17am Jul 3, 2019 4:17am
Quoting jamco388
First time try this system Correct entry or not? {image}
Almost. The HMA line is pink. It needs to be green to go long.
Always a Student, Never a Master - Emulate What Works
  • #952
  • Jul 3, 2019 4:24am Jul 3, 2019 4:24am
Quoting emmanuel7788
GBPJPY Jul 03 D1 Sydney Open New York hands over to Sydney ... I pick the better one among the lot .. one with more 'room' to fall. {image}
Cheers,
I got same run when it broke out the support, all of GBP pairs are running well.
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  • #953
  • Jul 3, 2019 4:27am Jul 3, 2019 4:27am
Update on my trades from yesterday.

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Always a Student, Never a Master - Emulate What Works
  • #954
  • Jul 3, 2019 5:37am Jul 3, 2019 5:37am
Quoting RobinHood
Update on my trades from yesterday. {image}
Not bad
  • #955
  • Jul 3, 2019 5:45am Jul 3, 2019 5:45am
My morning update
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  • #956
  • Jul 3, 2019 6:00am Jul 3, 2019 6:00am
Quoting Backspin
My morning update {image}
Nice job
  • #957
  • Jul 3, 2019 6:05am Jul 3, 2019 6:05am
my current open positions

will manage some with TP soon and others move higher TP

Attached Image (click to enlarge)
Click to Enlarge Name: TMSr open positions 03-07-2019 18-53-09.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: not my job to know.png Size: 151 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #958
  • Jul 3, 2019 6:07am Jul 3, 2019 6:07am
Quoting RobinHood
Update on my trades from yesterday. {image}
Hi RobinHood,
Can you tell me which timeframe did you use to entry these orders?
Thank you
  • #959
  • Jul 3, 2019 6:21am Jul 3, 2019 6:21am
Quoting emmanuel7788
my current open positions will manage some with TP soon and others move higher TP {image} {image}
I'm getting tired to compliment everyone here
  • #960
  • Jul 3, 2019 6:22am Jul 3, 2019 6:22am
Quoting hikaru259
{quote} Hi RobinHood, Can you tell me which timeframe did you use to entry these orders? Thank you
4 Hr. and Daily
Always a Student, Never a Master - Emulate What Works
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