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Trading Made Simple

  • #106,881
  • Jul 26, 2020 7:11pm Jul 26, 2020 7:11pm
AUDUSD Jul 27 H1 Price Action

Learn to identify this type of price action and use the Stoch and TDI RSI (13) to help you in your trading.

It is not complicated once you know what to look for in the price and it price action. You have the HA candles and 5EMA to visualize the price action. The Stoch and RSI green price line simply show the price momentum.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Jul 27 Price Action 123 break 27-7-2020 10-05-59 am.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,882
  • Jul 26, 2020 7:41pm Jul 26, 2020 7:41pm
USDJPY Jul 27 H1 sell

- still within my H4 trade window to sell on H1

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 27 H1 post news 27-7-2020 10-36-42 am.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,883
  • Jul 26, 2020 9:41pm Jul 26, 2020 9:41pm
Thanks Bro!
  • #106,884
  • Jul 26, 2020 10:21pm Jul 26, 2020 10:21pm
AUDNZD Jul 27 H1 Tokyo_5H trade
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Jul 27 H1 TOK5H 27-7-2020 1-18-21 pm.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,885
  • Jul 26, 2020 11:47pm Jul 26, 2020 11:47pm
GBP/AUD 1H
+15 pips
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GBP/JPY 1H
+10 pips
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  • #106,886
  • Jul 27, 2020 12:58am Jul 27, 2020 12:58am
Quoting KennethYang
{quote} I think RR is too close. so, pass. {image}
Good thinking. BigE said when he sees a setup, he evaluates his entry criteria and if he finds questionable results, he moves on to another pair.

Some people will try to complicate things by entering anyway and then adding complications like an EA to manage exits. No need to add more things to BigE's TMS.
To free Gazans of Hamas, use whatever it takes.
  • #106,887
  • Edited 1:45am Jul 27, 2020 1:02am | Edited 1:45am
Quoting DrDave
{quote} Good thinking. BigE said when he sees a setup, he evaluates his entry criteria and if he finds questionable results, he moves on to another pair. Some people will try to complicate things by entering anyway and then adding complications like an EA to manage exits. No need to add more things to BigE's TMS.
Yes!
I think that I don't think complicated too.
If something is strange... I just pass... and find the other pair!!
Thanks.
  • #106,888
  • Jul 27, 2020 2:08am Jul 27, 2020 2:08am
USDCHF Jul 27 H1

Would you take some risk and trade against the D1 and W1?

H4 is not quite ready yet ...take a look and decide this 2AM PDT candle.
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor USDCHF H1 27-7-2020 5-02-58 pm.png Size: 90 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,889
  • Jul 27, 2020 2:21am Jul 27, 2020 2:21am
USDCHF Jul 27 H4 2AM PDT

Price Action ... Double Bars Low Higher Close DBLHC @BRN 0.92000

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Jul 27 H4 buy entry 27-7-2020 5-15-40 pm.png Size: 67 KB


where to learn about DBLHC?

here: https://www.forexfactory.com/thread/...6-chart-thread
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,890
  • Jul 27, 2020 2:28am Jul 27, 2020 2:28am
Price Action setups
Attached File(s)
File Type: pdf PriceActionSetups.pdf   42 KB | 1,575 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,891
  • Jul 27, 2020 3:20am Jul 27, 2020 3:20am
Quoting KennethYang
GBP/AUD 1H +15 pips {image} GBP/JPY 1H +10 pips {image}
Kenneth, what is the indicator that changes your price bars in the image, please.
  • #106,892
  • Jul 27, 2020 4:27am Jul 27, 2020 4:27am
Quoting emmanuel7788
USDCHF Jul 27 H4 2AM PDT Price Action ... Double Bars Low Higher Close DBLHC @BRN 0.92000 {image} where to learn about DBLHC? here: https://www.forexfactory.com/thread/...6-chart-thread

Another example of a DBLHC which I missed earlier... too many on my plate right now.

GBPJPY Jul 27 H1 DBLHC setup at Daily 'support' 135.26
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 27 H1 DBLHC 27-7-2020 7-22-05 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,893
  • Jul 27, 2020 5:02am Jul 27, 2020 5:02am
GBPJPY Jul 27 H1 NYO

gunning for 10, 25 , 75 with Capital Protection ....15pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 27 H1 DBLHC1 27-7-2020 8-00-38 pm.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,894
  • Jul 27, 2020 5:33am Jul 27, 2020 5:33am
EG +10
EJ +10
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  • #106,895
  • Jul 27, 2020 6:01am Jul 27, 2020 6:01am
Quoting Le.Metier
{quote} Kenneth, what is the indicator that changes your price bars in the image, please.
It's Heiken Ashi.
  • #106,896
  • Jul 27, 2020 7:48am Jul 27, 2020 7:48am
Sell USDCHF +15
Enough for scalping today. Gud night everyone
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  • #106,897
  • Edited 4:14pm Jul 27, 2020 4:02pm | Edited 4:14pm
Quoting rikiros
Sell USDCHF +15 Enough for scalping today. Gud night everyone {image}


very nice trade setup plus entry...

Price Action - Doji + BEEB at a previous 'resistance' tested consolidation zone.

TDi RSI green price line tweak its angle to show the BEEB bar closed. the Doji was green line flat.

Edit: If you had use the APB, that BEEB would have shown a bearish HA candle. ..unlike the original HeikenAshi.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Doji BEEB Price Action 28-7-2020 7-03-42 am.png Size: 143 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF H1 APB vs HeikenAshi.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,898
  • Jul 27, 2020 4:21pm Jul 27, 2020 4:21pm
Quoting KennethYang
{quote} It's Heiken Ashi.

the HeikenAshi candles are not the same as the Synergy' APB,

both are HA candles but ....

you can get different results if ....

Attached Image (click to enlarge)
Click to Enlarge Name: APB vs HeikenAshi 28-7-2020 7-17-30 am.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,899
  • Jul 27, 2020 4:28pm Jul 27, 2020 4:28pm
Quoting emmanuel7788
GBPJPY Jul 27 H1 NYO gunning for 10, 25 , 75 with Capital Protection ....15pips {image}

GBPJPY Jul 27 H1 trade closed.

- TP1 +10pips

- rest got out +3pips with Capital Protection when price pulled back 15pips after making a high

it is that simple, no need for me to spend time and monitor every trade rather spend the time and look for the best setups to trade.

Plan the Trade, Trade the Plan ... use THV CaveManager as your trade manager and it does not have any emotions managing your trades.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 27 H1 trade closed CP 28-7-2020 6-52-38 am.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,900
  • Jul 27, 2020 4:51pm Jul 27, 2020 4:51pm
Quoting KennethYang
{quote} It's Heiken Ashi.
okay thanks
looks interesting, but I am yet to decide if it provides an edge
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