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Trading Made Simple

  • #112,741
  • Dec 9, 2020 5:10am Dec 9, 2020 5:10am
Quoting emmanuel7788
{quote} my comments on your chart a lot of examples in the old thread which you can read and study, then review your checklist. Note: a)CraigHarris true reversal uses the price bar chart b) Big E TMS reversal uses the HA candle colour change. a) + b) will give you the best 'blended' setup in the same bar/candle. {image}
bar 4 close lower than previous bar , and this should be a sign , right ?
So i enter in the trade late i guess ?

And thank you for your private message i just can not answer you
  • #112,742
  • Dec 9, 2020 5:23am Dec 9, 2020 5:23am
Quoting hasib
{quote} I have close one position still running another, I will add one more if the price breaks above the 1.3460 level. At the moment it seems like the price doesn't want to go above 1.3460 level. let's see how it goes. {image}
Close the open trade. Price becomes slow @ daily ATR Level.
MA provides the market's current direction and strength.
  • #112,743
  • Edited 6:05am Dec 9, 2020 5:26am | Edited 6:05am
Quoting toti1985
{quote}I can not enter on candle 1 ( yellow line )
Don't feel bad about that, neither could I in the beginning and still do.
Have always struggled with that candle 1 / candle 2 entry.
Somehow in the last two years M15 has started to showed me that if it crossover in the on the last 15 min of the H1 candle, H1 will also have possible green cross red.
That is why I started to use M15H1.
Example. (so easy in hindsight, be careful it is not)
Can enter on M15 TDI setup. Magenta line is a green bounce red
H1 (not sure if it is the last 15 min of candle)
Angle is already below 4 with stoch confirming direction.
Attached Image (click to enlarge)
Click to Enlarge Name: nicedes.PNG Size: 47 KB
Please Toti, fine tune this method to your understanding and not what the guru's post in this thread (me included).
Bais your understand on what BigE has posted.
  • #112,744
  • Dec 9, 2020 6:00am Dec 9, 2020 6:00am
Going down, how far?
Attached Image (click to enlarge)
Click to Enlarge Name: M15H1 18.PNG Size: 70 KB
  • #112,745
  • Dec 9, 2020 6:16am Dec 9, 2020 6:16am
EURCAD H1 sell


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Dec 09 H1 2000pm.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,746
  • Dec 9, 2020 6:20am Dec 9, 2020 6:20am
Quoting emmanuel7788
EURGBP to hit BRN 0.9000 really soon !

BINGO! TP 0.9000 hit

look for re-entry sell
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,747
  • Dec 9, 2020 6:21am Dec 9, 2020 6:21am
EURJPY H1 looking good sell continuation

126.00

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,748
  • Dec 9, 2020 6:22am Dec 9, 2020 6:22am
a note from seller9

Attached Image (click to enlarge)
Click to Enlarge Name: CSTSL HA by seller9.png Size: 113 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,749
  • Dec 9, 2020 6:24am Dec 9, 2020 6:24am
Looking at more continuation later in 1hr 36 m

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon H4 next H4 1hr36m 9-12-2020 8-23-42 pm.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,750
  • Dec 9, 2020 6:27am Dec 9, 2020 6:27am
Quoting emmanuel7788
EURJPY H1 looking good sell continuation 126.00
i closed mine EJ position on the today open price. lets see if there is possibility to re-enter again.

+18 pips profit. not much but i am worrying than it can bounce from the today open price.
  • #112,751
  • Dec 9, 2020 6:39am Dec 9, 2020 6:39am
Yesterday was a good day for me . i did not open any trades ( only 1 but i closed it very fast ) and better that i did not. the market was not making any good moves for me ( for other trades maybe it is different. it depend on your strategy and your psychology maybe ).
Why i am saying that it is good day , when i did not make any profit . For me good day is when it is not RED day with losses . Even i did not make any money , i saved my account with the same amount which is good for me .
As i wrote yesterday better dont take a trade till dont meet 100% of your criteria . I am now good trader so i prefer to stick to the plan. This conclusion cost me years and money. And at least some new guy who is just starting his trading carrier to read this and understand it , it is enough for me. I have learned a lot from FF , so i think is good to try to help somehow if you can. I think the idea is not only to get , but also to give what you can ( maybe not much but at least is something ) ...
  • #112,752
  • Dec 9, 2020 6:47am Dec 9, 2020 6:47am
Quoting Tekkies
Going down, how far? {image}
Who cares? Do you still have your 10 pips daily goal in mind?
  • #112,753
  • Dec 9, 2020 6:49am Dec 9, 2020 6:49am
Quoting emmanuel7788
{quote} it is using that EA to help us trade TMS MEME on Daily TF. You need to diversify and allocate a portion of your trading capital in trading different 'systems'. At the end of the trading cycle, you will know how much money you can make with your trading capital. but why do you think of running on M5 charts? It will work out better if you look at trading the 4H swing and the Daily like the OP in this thread. That EA can utilise M5 TF for its internal calculations.
Running the blessing on 5m is what was told to me in the blessing ea post , and looks like that set files are established for the 5m charts. I am no fan of any chart lower than 4h to be honest but just looking for experienced guidance on settings, how to run the ea and all . Thanks !
  • #112,754
  • Dec 9, 2020 6:51am Dec 9, 2020 6:51am
Quoting toti1985
Yesterday was a good day for me . i did not open any trades ( only 1 but i closed it very fast ) and better that i did not. the market was not making any good moves for me ( for other trades maybe it is different. it depend on your strategy and your psychology maybe ). Why i am saying that it is good day , when i did not make any profit . For me good day is when it is not RED day with losses . Even i did not make any money , i saved my account with the same amount which is good for me . As i wrote yesterday better dont take a trade till dont meet...

Everybody has a different psychological behaviour when trading, if you are banking %10-20+ per month, who cares man, just keep up the good job.
I've seen couple of quants doing like %4650 returns etc but that's some high tension & stress thing trust me, holding 30 longs and the price just keeps moving against you but your fibo spiral tells you that the price will eventually make a retrace and shizz.. pass.
  • #112,755
  • Dec 9, 2020 7:41am Dec 9, 2020 7:41am
Quoting lddd
{quote} Who cares? Do you still have your 10 pips daily goal in mind?
You do.
You responded to my post.
Yes, do you have a problem with that?
  • #112,756
  • Dec 9, 2020 7:44am Dec 9, 2020 7:44am
Quoting Tekkies
{quote} You do. You responded to my post. Yes, do you have a problem with that?
No. I just wondered because it looked like to me you already made your +10.
  • #112,757
  • Dec 9, 2020 7:54am Dec 9, 2020 7:54am
Quoting toti1985
{quote} i closed mine EJ position on the today open price. lets see if there is possibility to re-enter again. +18 pips profit. not much but i am worrying than it can bounce from the today open price.
and i have expected it bounce from the daily open price . so maybe is good that i took my profit
  • #112,758
  • Dec 9, 2020 8:25am Dec 9, 2020 8:25am
Quoting lddd
{quote} No. I just wondered because it looked like to me you already made your +10.
Does it mean stop trading?
Couple of post's back was written "aim for every trade to reach 10 pips" , "trading houers Frankfurt Open to New York Open + two houers"
Our little exchanges a couple of months back was written "follow TDI setups"
Nothing has changed Iddd, still got about two houers to trade. Maybe a TDI setup might popup again where both M15H1 in agreement.
By the looks of it, not so sure myself.
---
Might as well call it a day.
  • #112,759
  • Dec 9, 2020 8:38am Dec 9, 2020 8:38am
Quoting Tekkies
{quote} Does it mean stop trading? Couple of post's back was written "aim for every trade to reach 10 pips" , "trading houers Frankfurt Open to New York Open + two houers" Our little exchanges a couple of months back was written "follow TDI setups" Nothing has changed Iddd, still got about two houers to trade. Maybe a TDI setup might popup again where both M15H1 in agreement. By the looks of it, not so sure myself. --- Might as well call it a day.
So you trade two full trading sessions waiting and watching, trading from TDI cross over to TDI cross over for 8-10 hours every day? For what, based on your latest charts its not even a 10 ZAR for a 10 Pips you make? What is your daily goal then, a few thousand points?

Puh, i could not do that. My time would be far to much of value for this kind, respect.
  • #112,760
  • Dec 9, 2020 8:40am Dec 9, 2020 8:40am
Quoting emmanuel7788
a note from seller9 {image}
What did he mean by this.
MA provides the market's current direction and strength.
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