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Trading Made Simple(r)

Quoting krismitt
{quote} Yes indeed; definitely keeping this on my Radar. What are you looking at this week Emm?. Cheers.
my usual, I pick one pair from each of the 5 groups of 20 pairs. Sell GBPUSD would be possible Lotto win this week.

also sell one of the GBP crosses - GBPAUD or GBPCAD or GBPNZD.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Of the GBP Pairs, I took this Continuation Trade at previous candle close, since I am leaning on NZD strength.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZ-Continuation.jpg Size: 109 KB

Trade well.
Quoting emmanuel7788
{quote} GBPNZD Jul22 H4 TP1 hit +25pips now waiting for Capital Protection and Candlestick Trailing stop to move. {image}


GBPNZD Jul22 H4 TP2 hit +50 pips.

Now waiting for this current H4 to close in 18 mins and CM will move the trailing SL to 3 pips above the last H4 high.

Also Capital Protection is now active .. if price pulls back 25 pips, CM will exit the last positions 0.12 lot and not wait for TP3.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Jul22 H4 TP2 50pips 22-07-2019 16-39-29.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Waiting on a Crossover Setup to go LONG AUDUSD.
I see this as a pullback so no SHORT Trading this pair at this time, based on what the indicators are telling me.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD-H4.jpg Size: 106 KB

Trade well.
Quoting emmanuel7788
{quote} the best setup is when there is momentum and all 3 oscillators - Stochastics (8,3,3), Stochastics(14,3,3,) and RSI(14) cross the 50-level within 2 to 3 bars/candles.... for CROSSOVER trade setups. Hint: Medhi343' Method#2.
very interesting Medhi343, thanks for that
regards,
Peter
Just trying to put a kiss on the cheek of success
Quoting emmanuel7788
{quote} GBPNZD Jul22 H4 TP2 hit +50 pips. Now waiting for this current H4 to close in 18 mins and CM will move the trailing SL to 3 pips above the last H4 high. Also Capital Protection is now active .. if price pulls back 25 pips, CM will exit the last positions 0.12 lot and not wait for TP3. {image}
Hi Emmanuel, Regarding cavemanager, can we use the same settings for all pairs or is there some tweaking required dependant on the pair?
I see there is an awful lot of parameters in there for us to play with. Perhaps you could share the most important ones that we need to use.
Thankyou for all your assistance.
GBPAUD Jul22 H4 London session

Nice setup candle with strong momentum .

Took TP1 +25pips.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Jul22 H4 London session 22-07-2019 19-19-00.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting 40PipsAlan
{quote} Hi Emmanuel, Regarding cavemanager, can we use the same settings for all pairs or is there some tweaking required dependant on the pair? I see there is an awful lot of parameters in there for us to play with. Perhaps you could share the most important ones that we need to use. Thankyou for all your assistance.

Hi,

You need to consider the volatility of the pair you trade.
If you are trading H4, you need to know the H4 ATR(10) and set CM with the SL and TP based on the ATR(10).

Look at my GBPNZD trade update now. I remove the CM and move my SL to BE+ and wait and see if it will hit my 5xATR(10) target.
I will manage it manually now.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Jul22 H4 BE 22-07-2019 19-22-54.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting pet3250
{quote} very interesting Medhi343, thanks for that regards, Peter

You want to learn a few tricks from Medhi343...

here is link to his thread:
https://www.forexfactory.com/showthread.php?t=588548
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} my usual, I pick one pair from each of the 5 groups of 20 pairs. Sell GBPUSD would be possible Lotto win this week. also sell one of the GBP crosses - GBPAUD or GBPCAD or GBPNZD.
Hi Emmanuel,

Can you indicate you 20 pair and how you group them?

I have these ones, that I tried to croup and I m thinking to get rid of some .

Attached Image


Tanks in advance
Quoting marcara
{quote} Hi Emmanuel, Can you indicate you 20 pair and how you group them? I have these ones, that I tried to croup and I m thinking to get rid of some . {image} Tanks in advance

here,

Attached Image (click to enlarge)
Click to Enlarge Name: 5 groups 20 pairs.png Size: 133 KB


I will be adding another new group soon... starting next month Aug.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
NZDCAD Jul22 H4 CONTINUATION setup

Took TP1 +25 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD Jull22 H4 TP1 22-07-2019 20-39-44.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Here's a video that might help people understand the concept of 1:2 (1 Risk and 2 Reward) a bit better.

"Trade Like a Casino for Consistent Profits" by Adam Khoo

Inserted Video
Always a Student, Never a Master - Emulate What Works
Quoting emmanuel7788
NZDCAD Jul22 H4 CONTINUATION setup Took TP1 +25 pips. {image}
Perfect!

Bad Canada economc data will boost your trade!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_15.png Size: 5 KB
Quoting emmanuel7788
{quote} here, {image} I will be adding another new group soon... starting next month Aug.
Thank you very much!

CHF maybe?
Quoting RobinHood
Here's a video that might help people understand the concept of 1:2 (1 Risk and 2 Reward) a bit better. "Trade Like a Casino for Consistent Profits" by Adam Khoo https://www.youtube.com/watch?v=bRCtBRsLPmk
Thanks, RH, that was a great video. Precisely why I trade 1:2. A lot of traders would do well to understand this.
Emotion - it steals your money.
Swift Trade All Time Return: 7.8%
Quoting RobinHood
Here's a video that might help people understand the concept of 1:2 (1 Risk and 2 Reward) a bit better. "Trade Like a Casino for Consistent Profits" by Adam Khoo https://www.youtube.com/watch?v=bRCtBRsLPmk
thanks alot RH it has helped me to understand better.
Quoting Musmus
{quote} thanks alot RH it has helped me to understand better.
You're welcome. Best of luck.
Always a Student, Never a Master - Emulate What Works
Hi
I'm short GBPAUD and GBPNZD also long NZDCAD and NZDUSD. all of them in loss
it doesn't look good!
gbpusd im in on a short
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