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Trading Made Simple

  • #107,221
  • Aug 9, 2020 8:03pm Aug 9, 2020 8:03pm
Quoting emmanuel7788
USDCHF Aug 10 H4 TDI refreshed and there is green below red .... 7mins to H4 Close. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Aug 10 H4 SYDTOK 0854 10-8-2020 8-52-40 am.png Size: 27 KB


USDCHF Aug 10 H4

...TDI flat when that last bar/HA candle closed....
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Aug 10 H4 TDI flat 10-8-2020 9-01-30 am.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,222
  • Aug 9, 2020 8:31pm Aug 9, 2020 8:31pm
EURJPY Aug 10 H4

looking at H4 now, there is a big H4 candle and smaller H4 candles ...
with Japan Bank holiday today it is better to wait till London session when there is more liquidity and trade H1 knowing that the H4 HA candle PA is below its 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Aug 10 H4 TOK.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,223
  • Aug 10, 2020 12:08am Aug 10, 2020 12:08am
AUDUSD Aug 10 H1 Price Action

- small candle, big candle

- DoubleBarHighLowerClose DBHLC
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Aug 10 H1 DBHLC 10-8-2020 1-01-43 pm.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,224
  • Aug 10, 2020 12:33am Aug 10, 2020 12:33am
Quoting vonamz
{quote} Could you kindly tell me what is that price action indicator?
it is the PriceAction AHA indicator

and you will find the download in this Post#107,160

I use it to help me interpret the OP's Post#647 what he described as big candle,small candle, etc.


ultimately it come back to the price momentum of the last bar close for the trade setup and not trade blindly the TDI green line cross red line.

with strong price momentum, that will push price in its direction and that is how we catch the swing move and collect the pips.

Be careful now as we wait for the Frankfurt Open ... then the London Open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,225
  • Aug 10, 2020 1:46am Aug 10, 2020 1:46am
Best thread ever. But, Is there an MT5 indicators for this method?
  • #107,226
  • Aug 10, 2020 2:04am Aug 10, 2020 2:04am
AUDUSD Aug 10 H1 Frankfurt Open

- Price Action BEOB

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Aug 10 H1 BEOB trade 10-8-2020 3-01-59 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,227
  • Aug 10, 2020 2:07am Aug 10, 2020 2:07am
EURGBP Aug 10 H1 Frankfurt Open

- Price Action BEOB

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Aug 10 H1 BEOB 10-8-2020 3-05-56 pm.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,228
  • Aug 10, 2020 2:19am Aug 10, 2020 2:19am
TMS Monitor Aug 10 H1 FO

many nice C-Slope vs P-Slope alerts

so it is back to checking your H1 charts and pick the best based on Price Action , Support&Resistance, ....
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Aug 10 H1 FO 10-8-2020 3-16-14 pm.png Size: 18 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,229
  • Aug 10, 2020 2:23am Aug 10, 2020 2:23am
EURAUD Aug 10 H1

when I see such H1 'noisy' crap PA , I take a look at H4 and Daily ... then I wait patiently.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Aug 10 H1 crap PA 10-8-2020 3-21-03 pm.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,230
  • Aug 10, 2020 4:06am Aug 10, 2020 4:06am
Quoting emmanuel7788
EURGBP Aug 10 H1 Frankfurt Open - Price Action BEOB {image}

EURGBP Aug 10 H1 trade update

- TP1 + 10pips
- now BE + remaining and let market decide.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Aug 10 H1 trade update TP1 10-8-2020 5-00-30 pm.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,231
  • Aug 10, 2020 4:10am Aug 10, 2020 4:10am
GBPJPY Aug 10 H1 2AM PDT (5AMEST)

I have a H4 BUOB and my H1 is a BUEB. Simple buy decision with SL and 3TPs ...TP1, TP2, TP3 manage by THV CaveManager with Capital Protection.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Aug 10 H1 trade entry 10-8-2020 5-03-15 pm.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,232
  • Aug 10, 2020 4:10am Aug 10, 2020 4:10am
GBP/AUD 1H

buy
Attached Image (click to enlarge)
Click to Enlarge Name: 0810_GBPAUD.png Size: 33 KB
  • #107,233
  • Aug 10, 2020 4:20am Aug 10, 2020 4:20am
Quoting KennethYang
GBP/AUD 1H buy {image}


GA H4 2AM PDT looks good!

also GC and GZ
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,234
  • Aug 10, 2020 4:55am Aug 10, 2020 4:55am
EURUSD Aug 10 H1 trade

- this is a H1 trade based on the H4 2AM BEOB candle closed.

- trade hit TP1 +10 pips and Sl moved to CSTSL previous 2 bars high.

- lets see if price moves lower and if it does by the next H1 candle, I will BE+ this trade.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Aug 10 H1 trade H4 BEOB 10-8-2020 5-52-29 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,235
  • Aug 10, 2020 4:58am Aug 10, 2020 4:58am
NZDCAD and EURCAD H1 sell opportunity ... 6AM EST NY

make you own evaluation and follow your trade plan.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,236
  • Aug 10, 2020 5:01am Aug 10, 2020 5:01am
Quoting emmanuel7788
{quote} {image} USDCHF Aug 10 H4 ...TDI flat when that last bar/HA candle closed.... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Aug 10 H4 TDI flat 10-8-2020 9-01-30 am.png Size: 27 KB


this one escaped my attention .... LOL you can win them all.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Aug 10 H4 escaped 10-8-2020 5-59-07 pm.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,237
  • Aug 10, 2020 5:15am Aug 10, 2020 5:15am
GBPUSD Aug 10 H1 BIG candle ...

- can this BIG candle break the RN 1.3050?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Aug 10 H1 big candle 10-8-2020 6-12-54 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,238
  • Aug 10, 2020 5:19am Aug 10, 2020 5:19am
Quoting emmanuel7788
{quote} GA H4 2AM PDT looks good! also GC and GZ
GBP is too weak....
  • #107,239
  • Aug 10, 2020 5:25am Aug 10, 2020 5:25am
Quoting emmanuel7788
NZDCAD and EURCAD H1 sell opportunity ... 6AM EST NY make you own evaluation and follow your trade plan.
I liked the NZDCAD trade potential folowing D1 direction with that H4 BEOB. Went short with SL, TP1,2 and 3. Will follow what you do moving stops.
  • #107,240
  • Aug 10, 2020 5:35am Aug 10, 2020 5:35am
Quoting nigpig
{quote} I liked the NZDCAD trade potential folowing D1 direction with that H4 BEOB. Went short with SL, TP1,2 and 3. Will follow what you do moving stops.


you have a very small SL above today's Day high ~ 26 pips, that would be a bargain trade and potential for a 2R trade.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD H1 detail PA DBHLC 10-8-2020 6-29-44 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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