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Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple(r)

  • #3,561
  • Sep 3, 2019 5:30am Sep 3, 2019 5:30am
Quoting Given1988
Hi guys, this trade is god or not for this system? {image}
I would check the M5 and D1 and W1.
It looks ranging to me so I need confirmation of other timeframes first
  • #3,562
  • Sep 3, 2019 5:43am Sep 3, 2019 5:43am
Quoting Jefflee
Hi RH and all traders, This chart look like continuation trade. Should entry at second candle or third candle?{image}
It's a Crossover Trade. You enter on 3rd candle in this instance.
Always a Student, Never a Master - Emulate What Works
  • #3,563
  • Sep 3, 2019 5:44am Sep 3, 2019 5:44am
Quoting rhzishan
Is it correct?? {image}
Yes
Always a Student, Never a Master - Emulate What Works
  • #3,564
  • Sep 3, 2019 5:46am Sep 3, 2019 5:46am
Quoting Given1988
Hi guys, this trade is god or not for this system? {image}
It's a valid Crossover Trade.
Always a Student, Never a Master - Emulate What Works
  • #3,565
  • Sep 3, 2019 6:28am Sep 3, 2019 6:28am
My basket for today so far. I've already taken 15 pips on two lots. Playing with different take profit levels and styles at the moment. As well as continuing to practice the strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: Basket.jpg Size: 1,023 KB
  • #3,566
  • Sep 3, 2019 6:34am Sep 3, 2019 6:34am
Quoting 40PipsAlan
{quote} Missed that one but got these 2 {image} {image}
Oh Dear, that Boris spike kicked me out of GBP/AUD. Never mind, win some lose some.
  • #3,567
  • Sep 3, 2019 6:36am Sep 3, 2019 6:36am
Quoting itsDavid
My basket for today so far. I've already taken 15 pips on two lots. Playing with different take profit levels and styles at the moment. As well as continuing to practice the strategy. {image}
Yep I am still on this one.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 149 KB
  • #3,568
  • Sep 3, 2019 6:37am Sep 3, 2019 6:37am
Quoting 40PipsAlan
{quote} Oh Dear, that Boris spike kicked me out of GBP/AUD. Never mind, win some lose some.
I'm avoiding GBP pairs today. Plenty of action elsewhere
  • #3,569
  • Sep 3, 2019 6:41am Sep 3, 2019 6:41am
Quoting itsDavid
{quote} I'm avoiding GBP pairs today. Plenty of action elsewhere
Wise idea
  • #3,570
  • Edited 8:45am Sep 3, 2019 6:44am | Edited 8:45am
Quoting 40PipsAlan
{quote} Wise idea
It's surely going to be all over the place for days. There are many other pairs with clearer directions in my opinion, so why risk profits on whatever Boris spews out next.
  • #3,571
  • Sep 3, 2019 1:51pm Sep 3, 2019 1:51pm
smTMMS Oscillator Tape v1.1

EDIT: Got some PMs asking for the Source File for this one; here goes.

Attached File(s)
File Type: mq4 smTMMS Oscillator_tape v1.1.mq4   13 KB | 440 downloads


Trade well.
  • #3,572
  • Sep 3, 2019 1:52pm Sep 3, 2019 1:52pm
GOLD.

Got stopped out last week; here we go again!.

Attached Image (click to enlarge)
Click to Enlarge Name: GOLD.png Size: 82 KB


Trade well.
  • #3,573
  • Sep 3, 2019 2:49pm Sep 3, 2019 2:49pm
Quoting tillionaire
{quote} I thought it could be another indicator since I already have it but the circles are not appearing.
sm tmss heikin ashi candles is the indi I believe
Blessed is the one who takes refuge in Him.
  • #3,574
  • Sep 3, 2019 5:05pm Sep 3, 2019 5:05pm
small little loss on audusd d1 continuation trade
stoploss trailing 2 bar lookback
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 34 KB
  • #3,575
  • Sep 3, 2019 9:48pm Sep 3, 2019 9:48pm
Quoting forexdg
small little loss on audusd d1 continuation trade stoploss trailing 2 bar lookback {image}

after your sell got stopped out, there is a price reversal, why not take a buy setup?

I was on H6 and took that setup where RSI(14) cross up and both the Stoch(8,3,3) and (14,3,3) were good within 3 bars/candles.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Sep04 H6 trade 04-09-2019 10-44-46.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,576
  • Sep 4, 2019 2:12am Sep 4, 2019 2:12am
SETUPS.

What are we all looking at?.

Cheers.
  • #3,577
  • Sep 4, 2019 2:18am Sep 4, 2019 2:18am
Quoting krismitt
SETUPS. What are we all looking at?. Cheers.
All I have is EUR/GBP at breakeven
Attached Image (click to enlarge)
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  • #3,578
  • Sep 4, 2019 2:26am Sep 4, 2019 2:26am
Quoting 40PipsAlan
{quote} All I have is EUR/GBP at breakeven {image}
Cool. Pretty Flat here.

Sees there may be a couple of H4 Trades at next Candle close.

Cheers.
  • #3,579
  • Sep 4, 2019 4:08am Sep 4, 2019 4:08am
USDJPY Sep04 H6

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep04 H6 trade setup 04-09-2019 17-06-24.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,580
  • Sep 4, 2019 4:13am Sep 4, 2019 4:13am
Quoting emmanuel7788
USDJPY Sep04 H6 {image}
Looks good to me Emm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 164 KB
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