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Trading Made Simple

  • #106,581
  • Jul 21, 2020 1:36am Jul 21, 2020 1:36am
Quoting KennethYang
GBP/USD 1H sell Comments?{image} I exited and entry buy.

the next Big Round Number BRN is 1.2700 ... anything can happen there and above 1.2750

any major events not seen on the economic calendar will move this pair.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 21 Daily 127465 21-7-2020 2-31-45 pm.png Size: 12 KB


the next H4 trade would most likely be a medhi343 Method#1 setup.
https://www.forexfactory.com/showthread.php?t=588548
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,582
  • Jul 21, 2020 1:55am Jul 21, 2020 1:55am
Today's FO candle will close in about 5 mins,

.. it is USDCAD and EURAUD H1 sell for me.

FO=Frankfurt Open
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,583
  • Jul 21, 2020 2:29am Jul 21, 2020 2:29am
Quoting emmanuel7788
{quote} {image} GBPJPY Jul 20 H1 trade update_2 - candlestick trailing stop active now and will most likely get hit when the price consolidates with small candles. - there is 'R" resistance on Daily {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 20 H1 trade update_2 20-7-2020 8-26-40 pm.png Size: 39 KB


GBPJPY Jul 20 H1 trades closed

- last position hit TP3.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 20 H1 trades closed 21-7-2020 7-16-20 am.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,584
  • Jul 21, 2020 2:32am Jul 21, 2020 2:32am
Quoting emmanuel7788
{quote} {image} EURGBP Jul 20 H1 trade update_2 - got my +25pips and now trailing using previous candle high. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jul 20 H1 trade update 20-7-2020 8-19-05 pm.png Size: 39 KB


EURGBP Jul 20 H1 trades closed.

- last position missed TP3 and got stopped out by the trailing stop.
- TP1 +10 pips, TP2 +25 pips, final TP exit +57 pips

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jul 20 H1 trades closed 21-7-2020 7-17-43 am.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,585
  • Jul 21, 2020 2:34am Jul 21, 2020 2:34am
Quoting emmanuel7788
Today's FO candle will close in about 5 mins, .. it is USDCAD and EURAUD H1 sell for me. FO=Frankfurt Open

USDCAD Jul 21 H1 FO trade

- TP1 +10 pips

- now to manage for TP2 and TP3...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jul 21 H1 FO sell 21-7-2020 3-23-37 pm.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,586
  • Jul 21, 2020 2:54am Jul 21, 2020 2:54am
Quoting emmanuel7788
Today's FO candle will close in about 5 mins, .. it is USDCAD and EURAUD H1 sell for me. FO=Frankfurt Open

EURAUD Jul 21 H1 FO trade

this happen fast while I was preparing my chart for posting, TP2 got hit +25 pips

now I will manage the remaining position with candlestick trailing stop and wait for TP3.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Jul 21 H1 Fo trade TP2 21-7-2020 3-50-46 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,587
  • Jul 21, 2020 6:04am Jul 21, 2020 6:04am
Quoting emmanuel7788
{quote} EURAUD Jul 21 H1 FO trade this happen fast while I was preparing my chart for posting, TP2 got hit +25 pips now I will manage the remaining position with candlestick trailing stop and wait for TP3. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Jul 21 H1 Fo trade TP2 21-7-2020 3-50-46 pm.png Size: 43 KB



EURAUD Jul 21 H1 trades closed.

all 3xTPs hit. TP1 +10pips, TP2 +25 pips and TP3 +75 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Jul 21 H1 trades closed TP3 21-7-2020 7-02-03 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,588
  • Jul 21, 2020 6:09am Jul 21, 2020 6:09am
Quoting emmanuel7788
{quote} USDCAD Jul 21 H1 FO trade - TP1 +10 pips - now to manage for TP2 and TP3... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jul 21 H1 FO sell 21-7-2020 3-23-37 pm.png Size: 36 KB


USDCAD Jul 21 H1 trade update

- TP2 +25 pips

- now remaining position at BE+ and wait for TP3.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jul 21 H1 trade update TP2 21-7-2020 7-06-24 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,589
  • Jul 21, 2020 6:44am Jul 21, 2020 6:44am
Quoting emmanuel7788
{quote} Hello saninvestor First, it was eelfranz the OP aka Big E of this thread who developed his 5-Method during his trading journey between 2008 to 2011. The 5-Method is NOT a trading system, it is a simple trading methodology by blending components from different systems/methods to create a new one here. I use this same 5-Method and developed my own trading systems with my own entries and exist strategy with proven money management strategies, and most important developed the mental strategy to trade in different markets. Most important for...
Thanks emmanuel...
Trade to enjoy... Money is after!
  • #106,590
  • Jul 21, 2020 10:54am Jul 21, 2020 10:54am
I recently see a nonsense forex video about the TDI. It was a very funny video because he also say that the TDI is a repainting indicator, and he make the proof on the video. Except he forgot that the yellow line is a moving average of the RSI, the RSI doesn't repaint so the moving average either. Also i am sure, the limit of the indicaot are not set so when the price change the whole "look" of the line change, if you set maximum and minimum, it doesn't change ! Except the last bar because it is set to close ! lol Damn TDI lol
  • #106,591
  • Jul 21, 2020 11:10am Jul 21, 2020 11:10am
hello guys...please i want to know if the TDI has one that may be use on MT5.\

Thanks
  • #106,592
  • Jul 21, 2020 2:33pm Jul 21, 2020 2:33pm
Quoting vol75group
hello guys...please i want to know if the TDI has one that may be use on MT5.\ Thanks
MT5 Indicators for Trading Made Simple

Synergy APB {click to download}

Traders Dynamic Index {click to download}


---------------------------------------------------------------------------------------------------------

WARNING!

There is a TDI indicator which is not the same Traders Dynamic Index.

TDI = Trend Direction Index found here:
https://www.mql5.com/en/code/20323?u...ce=mt5terminal
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,593
  • Jul 21, 2020 2:40pm Jul 21, 2020 2:40pm
Quoting KennethYang
GBP/USD 1H sell Comments?{image} I exited and entry buy.
- TDI green angle between 2 /4.
- No stoch to confirm direction.
- Enter on 2de bar (When was the entry placed? 1st min........20min....55min?)
- Above the 68 level. Good entry's are found close to the 50 line. (read TDI Cross.pdf)
  • #106,594
  • Jul 21, 2020 2:42pm Jul 21, 2020 2:42pm
Quoting neosqualls
I recently see a nonsense forex video about the TDI. It was a very funny video because he also say that the TDI is a repainting indicator, and he make the proof on the video. Except he forgot that the yellow line is a moving average of the RSI, the RSI doesn't repaint so the moving average either. Also i am sure, the limit of the indicaot are not set so when the price change the whole "look" of the line change, if you set maximum and minimum, it doesn't change ! Except the last bar because it is set to close ! lol Damn TDI lol
Big E said you can trade without the TDI (Traders Dynamic Index) if that is a problem

#3044
#3103
#3418
#2617

he also shared these
#681
using an RSI (13) with a 50% line

#504
use a RSI(3)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,595
  • Jul 21, 2020 2:51pm Jul 21, 2020 2:51pm
Quoting KennethYang
GBP/USD 1H sell Comments?{image} I exited and entry buy.
Quoting emmanuel7788
{quote} the next Big Round Number BRN is 1.2700 ... anything can happen there and above 1.2750 any major events not seen on the economic calendar will move this pair. {image} the next H4 trade would most likely be a medhi343 Method#1 setup. https://www.forexfactory.com/showthread.php?t=588548
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 21 Daily 127465 21-7-2020 2-31-45 pm.png Size: 12 KB


GBPUSD Jul 21 H4

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 21 H4 mehdi343 M#1 22-7-2020 3-45-56 am.png Size: 46 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 21 Daily hit 22-7-2020 3-50-38 am.png Size: 14 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,596
  • Jul 21, 2020 3:27pm Jul 21, 2020 3:27pm
what a great week with S&P breaking June high ....

looking at 3340 level maybe next week.
Attached Image (click to enlarge)
Click to Enlarge Name: S&P500 Jul 21 22-7-2020 4-23-34 am.png Size: 16 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,597
  • Jul 21, 2020 3:28pm Jul 21, 2020 3:28pm
Quoting emmanuel7788
{quote} MT5 Indicators for Trading Made Simple Synergy APB {click to download} Traders Dynamic Index {click to download} --------------------------------------------------------------------------------------------------------- WARNING! There is a TDI indicator which is not the same Traders Dynamic Index. TDI = Trend Direction Index found here: https://www.mql5.com/en/code/20323?u...ce=mt5terminal...

Thanks that is what i am looking for...
  • #106,598
  • Jul 21, 2020 7:41pm Jul 21, 2020 7:41pm
Trade the Daily

with some many pairs with established 'trend' on the Daily, it is easy pick to trade.

Attached Image (click to enlarge)
Click to Enlarge Name: Daily 8 pairs 22-7-2020 8-27-07 am.png Size: 53 KB

On the Daily, the trade window is 4 to 12 hours, and that covers several market sessions from mid-Tokyo session up to the close of the London session every day.
Just be careful, every hour is some news and day event and also a market session closing and another market session opening. I am always cautious when the Asian markets close and transition to the European markets.

Attached Image (click to enlarge)
Click to Enlarge Name: Trade away from Day Open.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,599
  • Jul 21, 2020 7:47pm Jul 21, 2020 7:47pm
Quoting emmanuel7788
{quote} {image} USDCAD Jul 21 H1 trade update - TP2 +25 pips - now remaining position at BE+ and wait for TP3. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jul 21 H1 trade update TP2 21-7-2020 7-06-24 pm.png Size: 39 KB


USDCAD Jul 21 H1 trades closed.

the remaining positions closed at TP3 +75pips

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jul 21 trades closed TP3 22-7-2020 4-05-05 am.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,600
  • Jul 21, 2020 7:55pm Jul 21, 2020 7:55pm
Quoting Tekkies
Oops, opened Pandora box!!! /// Never mind "empty space" and "pin bars". ///{image}
Tekkies wanted "empty space" trade examples,

here is this week' real-time live trade using 'empty space' pn my chart.

Sell into 'empty space' .... no nearby support . That simple enough.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD 'empty space' Week 30 22-7-2020 8-49-17 am.png Size: 67 KB

if you missed the posts,

just click this and back-track to follow from start Open , TP1, TP2 and TP3.

https://www.forexfactory.com/showthr...0#post13069750

https://www.forexfactory.com/showthr...9#post13069849

https://www.forexfactory.com/showthr...8#post13070278

https://www.forexfactory.com/showthr...3#post13071773
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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