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Trading Made Simple

  • #97,801
  • Sep 15, 2019 8:22am Sep 15, 2019 8:22am
Quoting emmanuel7788
Keep It Simple: Knowing when NOT to trade! https://www.youtube.com/watch?v=Pc9JDnLbx1Y Don't trade blindly ... green cross red and you will lose your shirt.

Thank you, as always very instructive
  • #97,802
  • Sep 16, 2019 5:58am Sep 16, 2019 5:58am
New Entry found
EU 4h Short
Monthly, Weekly & Daily Time Frame also Bearish.
DXY Bullish on Daily tf with a bearish correction.
Every thing says go for me.
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-09-16 (3).png Size: 62 KB
Play the hand you were dealt.
  • #97,803
  • Sep 16, 2019 7:23am Sep 16, 2019 7:23am
Quoting Maule
New Entry found EU 4h Short Monthly, Weekly & Daily Time Frame also Bearish. DXY Bullish on Daily tf with a bearish correction. Every thing says go for me. {image}


According to Big E in his old thread, there are different ways to use the TDI.

Example his Post#2748 below:
<quote>
Last night I was reviewing one of Dean Malones videos (the creator of the TDI Indicator). He recommends only taking trades if:

Long Trade Entry: Green crossing above the 50 line, above yellow, above red.

Short trade Entry: Green crossing below the 50 line, below yellow, below red.

This is the safest rules for entry into a trade using the TDI. Go to your charts and look for these conditions....
<unquote>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,804
  • Sep 16, 2019 8:12am Sep 16, 2019 8:12am
AUDUSD Sep16 H1 trades:

Follow simple rules which I learn for the old thread.

H1 REVERSAL CANDLE with Stoch cross and TDI confirm.
Add positions when TDI RSI(13) cross 50-level below yellow below red

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week38 Sep16 H1 trades 16-09-2019 21-07-38.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,805
  • Sep 16, 2019 4:23pm Sep 16, 2019 4:23pm
Quoting Maule
{quote} Some you loose and then some you win. On those past three loosing trades I lost a total of -29.11 pips. On this one trade alone. I'm up +87.9 pips and it still hasn't even hit the target yet. In trading it doesn't matter how many times you loose. What matters is how much you loose. Once you're trading with R2 or even R3 you only need to win 30% of the time and you'll still be in profit. {image}
Moving SL to Break even. Don't like the look of those small red candles.
However, larger Time Frame is still Bullish.
If it goes up, good. If Protective Stop gets hit, Still Good.
I'm not giving the market back my hard earned pips!
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-09-16 (5).png Size: 62 KB
Play the hand you were dealt.
  • #97,806
  • Sep 16, 2019 4:37pm Sep 16, 2019 4:37pm
Quoting Maule
{quote} Moving SL to Break even. Don't like the look of those small red candles. However, larger Time Frame is still Bullish. If it goes up, good. If Protective Stop gets hit, Still Good. I'm not giving the market back my hard earned pips! {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 81 KB
  • #97,807
  • Sep 16, 2019 5:06pm Sep 16, 2019 5:06pm
Quoting Maule
{quote} Moving SL to Break even. Don't like the look of those small red candles. However, larger Time Frame is still Bullish. If it goes up, good. If Protective Stop gets hit, Still Good. I'm not giving the market back my hard earned pips! {image}
the weekend GAP has not been filled yet... will it get fill? YES...80% of the time.

Weekly chart

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 38 Sep16 D1 16-09-2019 07-46-50.png Size: 50 KB


H1 chart

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Sep16 trading the GAP 17-09-2019 05-45-43.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,808
  • Sep 16, 2019 6:01pm Sep 16, 2019 6:01pm
Aussie rally continues ahead of today's event - Monetary Policy Meeting Minutes.

AUDNZD Sep17 update trades with locked-in profits and fight on....

with average entry price 1.0742

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Week 38 Sep17 trades update 17-09-2019 06-54-39.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,809
  • Sep 17, 2019 2:57am Sep 17, 2019 2:57am
Quoting emmanuel7788
Aussie rally continues ahead of today's event - Monetary Policy Meeting Minutes. AUDNZD Sep17 update trades with locked-in profits and fight on.... with average entry price 1.0742 {image}
Hi Emmanuel ,
Very nice trade but may I ask you when did you add to this weekly trade and on which precise criteria ?
Thanks in advance.
  • #97,810
  • Sep 17, 2019 4:34pm Sep 17, 2019 4:34pm
Quoting emmanuel7788
Aussie rally continues ahead of today's event - Monetary Policy Meeting Minutes. AUDNZD Sep17 update trades with locked-in profits and fight on.... with average entry price 1.0742 {image}
hi emmanuel
you dont trade robinhood system nomore?
  • #97,811
  • Sep 18, 2019 7:29am Sep 18, 2019 7:29am
Today during NY session is FOMC FED rate change...

USDJPY will move again... after the weekend gap got filled.

Keep It Simple: Learn how to trade the weekend price gap

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 38 Sep 16 Gap down 18-09-2019 20-22-13.png Size: 50 KB


Another of those old tutorial videos are now available on youtube.

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,812
  • Sep 18, 2019 7:39am Sep 18, 2019 7:39am
Quoting forexdg
{quote} hi emmanuel you dont trade robinhood system nomore?

Hi forexdg

I still have RobinHood' template#1 and I use that to validate my Weekly chart setups.

I learn that from the OP of this thread how he kept many templates and how he would check other templates and different timeframes whenever he wasn't sure of the TDI. He had 19 templates back then in Dec 2010. Today I have more than 30 different templates and I cant check them all...LOL

Post#2846
https://www.forexfactory.com/showthr...08#post4170808

Post#2935
https://www.forexfactory.com/showthr...05#post4224805

my TMS templates collection 2012 to 2019:
Attached Image (click to enlarge)
Click to Enlarge Name: templates.png Size: 16 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,813
  • Sep 18, 2019 7:49am Sep 18, 2019 7:49am
Quoting bodal
{quote} Hi Emmanuel , Very nice trade but may I ask you when did you add to this weekly trade and on which precise criteria ? Thanks in advance.

Hi Bodal

it is still the same method how I add positions when the market trends in my favour. In this case, I add using 0.25ADR averaging up on the Weekly chart.

I manage the open positions using the Average Entry Price of all open positions and locked the profitable positions with hard stop loss.

The TP is multiple of the ADR from the average entry price. When price move higher, I will move the locked SL higher from the average entry price and the TP will also move higher as I open new positions to the basket pool.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Week 38 Sep17 trades update_2.png Size: 63 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,814
  • Sep 18, 2019 4:42pm Sep 18, 2019 4:42pm
Quoting emmanuel7788
{quote} Hi forexdg I still have RobinHood' template#1 and I use that to validate my Weekly chart setups. I learn that from the OP of this thread how he kept many templates and how he would check other templates and different timeframes whenever he wasn't sure of the TDI. He had 19 templates back then in Dec 2010. Today I have more than 30 different templates and I cant check them all...LOL Post#2846 https://www.forexfactory.com/showthr...08#post4170808...
that very many templates ofcourse lol
and arrow in downside shows its many more
you are surprising man
  • #97,815
  • Sep 18, 2019 8:02pm Sep 18, 2019 8:02pm
Would this be considered an entry signal?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 75 KB
  • #97,816
  • Sep 18, 2019 8:03pm Sep 18, 2019 8:03pm
Here is another one.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 81 KB
  • #97,817
  • Sep 18, 2019 8:06pm Sep 18, 2019 8:06pm
This one would be a bounce?
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 91 KB
  • #97,818
  • Sep 18, 2019 11:44pm Sep 18, 2019 11:44pm
Quoting Sard
Would this be considered an entry signal? {image}


trade setup candle and entry after the FOMC candle...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,819
  • Sep 18, 2019 11:45pm Sep 18, 2019 11:45pm
Quoting Sard
Here is another one. {image}

looks okay after that arrow...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,820
  • Sep 18, 2019 11:48pm Sep 18, 2019 11:48pm
Quoting Sard
This one would be a bounce? {image}


this USDCAD is the best one compared with the EU and EJ pairs above, Post#647 checklist ...the short term and long term trends in agreement with your H4 trading timeframe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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