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Trading Made Simple(r)

  • #3,541
  • Sep 2, 2019 3:23pm Sep 2, 2019 3:23pm
My setups for the daily close in 40 minutes....Two crossovers and one continuation...any comments?
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  • #3,542
  • Sep 2, 2019 4:50pm Sep 2, 2019 4:50pm
Quoting 40PipsAlan
{quote} Just my take on it. But too many bars for the crossover to take place. Any more than 4 bars is too risky IMO. I would have passed on that one. {image}
its not crossover trade
its continuation trade because I follow robinhood advice to take only continuation trades until I find success and then try crossover
  • #3,543
  • Sep 2, 2019 4:51pm Sep 2, 2019 4:51pm
Quoting Amateur4Ever
My setups for the daily close in 40 minutes....Two crossovers and one continuation...any comments? {image}
I taken usdsgd too a hour ago
  • #3,544
  • Sep 2, 2019 5:11pm Sep 2, 2019 5:11pm
My Current Live Trades

+ 467 pips

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Always a Student, Never a Master - Emulate What Works
  • #3,545
  • Sep 2, 2019 8:21pm Sep 2, 2019 8:21pm
AUDUSD +25 Pips running
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  • #3,546
  • Sep 2, 2019 9:56pm Sep 2, 2019 9:56pm
I just found this thread. Looks pretty simple which is great. Also nice that you can use this on daily charts because I am always busy with work so being able to check for setups once a day when the new day starts is perfect for me.

Just to be sure I understand correctly this chart is good?
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  • #3,547
  • Sep 2, 2019 11:11pm Sep 2, 2019 11:11pm
Quoting sandecoconut
{quote} Could you plz share your settings for the Currency Strength Giraia Indicator. Mine doesn't seem to be working. Thanks.
Here you go.
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Cheers.
  • #3,548
  • Sep 2, 2019 11:20pm Sep 2, 2019 11:20pm
when entering using the daily chart, and H4 is already on the like the 10th+ bar, is that not a good entry? for example, GBP/JPY, i did not enter the trade because on H4, there were already like 5 red bars. But now i see on the daily, it just crossed over on the 3rd bar, but its already on like the 15th bar on H4.
  • #3,549
  • Sep 3, 2019 1:53am Sep 3, 2019 1:53am
EURGBP

Thanks for this one Emm.
Stop now at BE.
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Cheers.
  • #3,550
  • Edited 1:50pm Sep 3, 2019 1:59am | Edited 1:50pm
smTMMS Oscillator Tape v1.1

I have modified this indicator by adding an input option for multi-timeframes.

See my EURGBP Chart in previous post.

That's a H4 entry/trade. but I have set the Tape to the D1 Timeframe (looks like I'm becoming a Lazy Trader)

So I entered this trade knowing that the indicators (Stochs + RSI) are not all above 50 but I was happy to take the trade for other reasons.

Cheers.

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File Type: ex4 smTMMS Oscillator_tape v1.1.ex4   17 KB | 353 downloads
  • #3,551
  • Sep 3, 2019 2:00am Sep 3, 2019 2:00am
Quoting krismitt
EURGBP Thanks for this one Emm. Stop now at BE. {image} Cheers.
Missed that one but got these 2
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  • #3,552
  • Sep 3, 2019 2:04am Sep 3, 2019 2:04am
Quoting 40PipsAlan
{quote} Missed that one but got these 2 {image} {image}
Welcome to September !.
  • #3,553
  • Sep 3, 2019 2:10am Sep 3, 2019 2:10am
Quoting krismitt
{quote} Welcome to September !.
Note to self. No trading in August and December
  • #3,554
  • Sep 3, 2019 2:14am Sep 3, 2019 2:14am
Quoting 40PipsAlan
{quote} Note to self. No trading in August and December
  • #3,555
  • Sep 3, 2019 2:16am Sep 3, 2019 2:16am
GBP Weakness across the Board (followed by EUR).

Be selective, and trade the pairs well.

Regards.
  • #3,556
  • Sep 3, 2019 3:18am Sep 3, 2019 3:18am
Hi RH and all traders,

This chart look like continuation trade. Should entry at second candle or third candle?
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  • #3,557
  • Sep 3, 2019 3:31am Sep 3, 2019 3:31am
Is it correct??
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  • #3,558
  • Sep 3, 2019 3:52am Sep 3, 2019 3:52am
Quoting Jefflee
Hi RH and all traders, This chart look like continuation trade. Should entry at second candle or third candle?{image}
For me this isn't a continuation trade because HMA crossed EMA. I would enter at the second candle.
  • #3,559
  • Sep 3, 2019 5:18am Sep 3, 2019 5:18am
Hi guys, this trade is god or not for this system?

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  • #3,560
  • Sep 3, 2019 5:18am Sep 3, 2019 5:18am
Quoting Given1988
Hi guys, this trade is god or not for this system? {image}
Looks good
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