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Trading Made Simple(r)

  • #2,941
  • Aug 14, 2019 6:11am Aug 14, 2019 6:11am
Quoting krismitt
{quote} Thank you Swingman. Wasn't able to get that HMA Trend working myself so much appreciated!. Regards.
Thanks Sir!
  • #2,942
  • Aug 14, 2019 6:14am Aug 14, 2019 6:14am
Quoting Ubi.Major
Hi everyone, I would like to ask if anyone in the group can explain to me how to do weekend analysis. I've read many posts but I don't understand. For example: 1) If my inputs are in H4, should I see only the highest TF D1? Or should I also see W1? 2) In the confirmation TF (D1 and W1) do I also have to see crossings with HMA and EMA5 and no more than 5/8 candles to take into account assets? 3) In previous posts I read that if there are the concomitances of point 1, I must also see the lower TF M5. Quite right? I hope the question was well formulated...

hi, anyway,
Quoting Ubi.Major
....how to do weekend analysis..... 1) If my inputs are in H4, should I see only the highest TF D1? Or should I also see W1?
RH once mentioned minimal H4 is in line with D1
Emm follows W1 n D1 post 2120 plus other posts (couldn't find it) that mentioned he basically look at the everything (OHLC of APB,HA, candlestick etc...)
TS doesn't look at D1, only H4.
DrDave post2650 plus several other posts (cycle from lower TF upwards)

Quoting Ubi.Major
2) In the confirmation TF (D1 and W1) do I also have to see crossings with HMA and EMA5 and no more than 5/8 candles to take into account assets?
W1 posts by emm, sometimes there isnt any crossing, but a clear close above 5ema n hull, not within them, nice candles, basically he looks at everything from the data window starts the process choosing the best currency pair from each of the 6 group of CPs, although he mentions that the 7 criteria can be applied to D1 n W1, which means crossing may be there

recently RH mentioned in post 2916, and certainly it can be applied to W1 too

5/8candles? oh that is mentioned on H4 right... if i'm not wrong, no posts mentioned it is applied on D1/W1... but if there are more candles on D1 n W1, i will blindly follow it as it means it is trending... i will trend until i get hit, nobody knows when it will end.. that is if i'm trading H4

but if i'm trading D1, i will follow strictly 1st-3rd bar max..

Quoting Ubi.Major
3) In previous posts I read that if there are the concomitances of point 1, I must also see the lower TF M5.
sorry, which post? i remember there are posts that RH mentioned that PA usually turns back after we enter from H4, so RH mentioned that we can go to lower TF to enter the trade..
  • #2,943
  • Aug 14, 2019 6:16am Aug 14, 2019 6:16am
Quoting carpantas
{quote} {image} You have the dax in the range of 300 points. You can do anything.
still in medium term downtrend ... H4 has been rather choppy narrow range


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,944
  • Aug 14, 2019 6:43am Aug 14, 2019 6:43am
UC W1 up, D1 up retracing down, H4 crossover long 2nd bar... early bird
AU W1 down, D1 within 5ema n hull looks consolidating, H4 crossover short 2nd bar
NU W1 down, D1 within 5ema n hull, LL(+), LC(-/+), H4 crossover short 2nd bar.. second mouse
US W1 up, D1 within 5ema n hull, H4 crossover long 2nd bar...second mouse
GA W1 within 5ema n hull, D1 looks consolidating, H4 crossover long 2nd bar

hmmm... GA, UC, AU can be excluded easily, difficult to choose between USDSGD n NU.. both looks good, except NU H4 has a big candle to the left.. should have entered USDSGD... lol.. i don't know why i entered NU.. at least still the 2nd best choice..
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  • #2,945
  • Aug 14, 2019 7:06am Aug 14, 2019 7:06am
hi emmanuel
I taken 3 trades and all its lost
can you tell why and show my mistake?
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first is audsgd
second is gbpsgd
third is eurnzd
all are in h4 timerfame
thank you
  • #2,946
  • Aug 14, 2019 7:37am Aug 14, 2019 7:37am
Quoting moRTaL
{quote} hi, anyway, {quote} RH once mentioned minimal H4 is in line with D1 Emm follows W1 n D1 post 2120 plus other posts (couldn't find it) that mentioned he basically look at the everything (OHLC of APB,HA, candlestick etc...) TS doesn't look at D1, only H4. DrDave post2650 plus several other posts (cycle from lower TF upwards) {quote} W1 posts by emm, sometimes there isnt any crossing,...
Hi MoRTaL, It seems strange, to think that in a place like chat can be born Friendship ...
But if we pause for a moment to reflect we notice that, we get angry, we rejoice, we confront each other and we advise each other ... so something clicks, maybe not with everyone the same way.
I personally and it is not rhetoric, in this group I found many beautiful people ... but obviously there is someone who gives me more sensations, with this I would like to say THANK YOU to all also to those who read my messages and consider them stupid.
And this is how one begins to understand, to capture the moods of joy, sadness, melancholy or happiness through confidences and, why not, even through unwritten words, but which we feel between the lines. And it is for everything that suddenly we realize that something special was born, an affection, a feeling, a friendship, which they call virtual but it is so much real.
However, thanks to HEART by MoRTaL for having spent your time finding the various posts you listed, now I read them very calmly and I hope to understand what you have written.
I personally don't get behind, I want to understand more and more and certainly with YOUR help I will succeed.
THANK YOU
Carpe diem, quam minimum credula postero. "Orazio"
  • #2,947
  • Aug 14, 2019 7:52am Aug 14, 2019 7:52am
Thank god one of these trades has gone my way. Twas looking iffy for a bit today but now at breakeven.
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  • #2,948
  • Aug 14, 2019 7:52am Aug 14, 2019 7:52am
Quoting rch05
Thank you RH! Exactly, at the closing of this candle. But it is, for now, almost 200 pips. Is not it too long to make a sell? sorry for my English!
Do you have some condition as part of your signal rules that a candle range must be less than N number of pips? If not, then why are you even looking at that? If you think it MIGHT help give you better trades, then you should at least go back on charts and see what has happened in the past when the candle range is over some number of pips.
To free Gazans of Hamas, use whatever it takes.
  • #2,949
  • Aug 14, 2019 7:53am Aug 14, 2019 7:53am
Quoting 40PipsAlan
Thank god one of these trades has gone my way. Twas looking iffy for a bit today but now at breakeven. {image}
Ohhhhh, that sounds like "hope and pray" trading.

I was considering EURUSD but went with AUDUSD.
To free Gazans of Hamas, use whatever it takes.
  • #2,950
  • Aug 14, 2019 8:03am Aug 14, 2019 8:03am
Quoting DrDave
{quote} Ohhhhh, that sounds like "hope and pray" trading. I was considering EURUSD but went with AUDUSD.
Too right DrDave. Its been an awful week and now I am off to the monastery to ask forgiveness for my gambling sins.
Maybe next week will prove better
  • #2,951
  • Aug 14, 2019 8:06am Aug 14, 2019 8:06am
Quoting 40PipsAlan
{quote} Too right DrDave. Its been an awful week and now I am off to the monastery to ask forgiveness for my gambling sins. Maybe next week will prove better
Bless you my son...

I don't see a problem this week. I am on track to average 10 pips a day.
To free Gazans of Hamas, use whatever it takes.
  • #2,952
  • Aug 14, 2019 8:19am Aug 14, 2019 8:19am
Quoting DrDave
{quote} Bless you my son... I don't see a problem this week. I am on track to average 10 pips a day.
10 pips a day ? Do you scalp the 4h charts ? Can you explain how you assure yourself 10pips a day ? You can be a rich man with 10 pips a day compounded
  • #2,953
  • Aug 14, 2019 8:25am Aug 14, 2019 8:25am
Quoting Bluejay12
{quote} 10 pips a day ? Do you scalp the 4h charts ? Can you explain how you assure yourself 10pips a day ? You can be a rich man with 10 pips a day compounded
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  • #2,954
  • Aug 14, 2019 8:50am Aug 14, 2019 8:50am
Quoting Bluejay12
{quote} 10 pips a day ? Do you scalp the 4h charts ? Can you explain how you assure yourself 10pips a day ? You can be a rich man with 10 pips a day compounded
I "scalp" every time frame below daily. But I make reference to every chart when making my entry decisions. I am only taking 10 pips a day because some people asked me how they can trade an account of only about $1000 to get started trading.

I don't have time to trade every day, so some days I try to put on more than one trade of 10 pips to keep the average close to 10 pips a day. As I recall, one of the trades on the Trade Explorer went about 20 pips instead of 10. I think that was the H4 coming into play, so I targeted more, just for fun.

I assure myself an average of 10 pips a day by knowing my system and by by referencing the proper timeframes to see confirmation that a move on a specific chart is over.
Intrinsic Market Timing
To free Gazans of Hamas, use whatever it takes.
  • #2,955
  • Aug 14, 2019 8:55am Aug 14, 2019 8:55am
Quoting 40PipsAlan
Thanks Alan, for providing that truck.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #2,956
  • Aug 14, 2019 9:19am Aug 14, 2019 9:19am
Here are the trades that I am currently in:

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Always a Student, Never a Master - Emulate What Works
  • #2,957
  • Aug 14, 2019 9:28am Aug 14, 2019 9:28am
Quoting RobinHood
Here are the trades that I am currently in: {image} {image}
When you have a large number of positions open like that, do you treat it as a basket, or simply let each play out alone?
To free Gazans of Hamas, use whatever it takes.
  • #2,958
  • Aug 14, 2019 9:30am Aug 14, 2019 9:30am
Quoting DrDave
{quote} When you have a large number of positions open like that, do you treat it as a basket, or simply let each play out alone?
They sink or swim all on their own.
Always a Student, Never a Master - Emulate What Works
  • #2,959
  • Aug 14, 2019 9:44am Aug 14, 2019 9:44am
Quoting RobinHood
Here are the trades that I am currently in: {image} {image}
Thank you for putting up the positions you currently just entered! This helps me confirm what I see on my charts and what you have going. So helpful..thanks
  • #2,960
  • Aug 14, 2019 9:48am Aug 14, 2019 9:48am
Quoting Bluejay12
{quote} Thank you for putting up the positions you currently just entered! This helps me confirm what I see on my charts and what you have going. So helpful..thanks
You're welcome. I do this because I want people to see that these indicators WORK and to NOT TO BE AFRAID TO PLACE A TRADE.

No individual trade ever matters to me. I done thousands upon thousands of them.

I win OR I lose OR I break even. And, it's no big deal NO MATTER which one happens.

I'll show how these trades progress over time.
Always a Student, Never a Master - Emulate What Works
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