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Trading Made Simple

  • #113,021
  • Dec 13, 2020 7:05pm Dec 13, 2020 7:05pm
Quoting derevko
{quote} Hi. May i know what indicator that showing the candlestick on other timeframe? Above the tdi window
Attached Image (click to enlarge)
Click to Enlarge Name: pipware charts.png Size: 62 KB


Pipware charts by FF member stratman.

indicators and my templates set up for TMS 5_Method.

Indicators { download } click!

Templates { download } click!

Warning:
These indicators are CPU intensive therefore do not load too many charts with these templates. use them only for study and analysis purposes only. You should install a separate instance of MT4 and run it independent from your other MT4 live trading accounts

For live trading, use only clean and clutter free charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,022
  • Dec 13, 2020 7:11pm Dec 13, 2020 7:11pm
Quoting emmanuel7788
{quote} hi hasib I know that you already know the answer. I also know that you know that I have a different answer. You and I both know that Big E had a totally different answer from our answers.
i am curious to know your one
MA provides the market's current direction and strength.
  • #113,023
  • Dec 13, 2020 8:30pm Dec 13, 2020 8:30pm
EURUSD Week 51 Dec 14 to 18, 2020

Looking at where prices have been in the past 7 weeks is what some say it is hindsight and perfect vision.

Looking at it now, I know where weekly price had been, that last week's W1 has ended that breakout-swing. That was very short-lived.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 14 H4 where price had been 14-12-2020 10-19-41 am.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,024
  • Dec 14, 2020 12:53am Dec 14, 2020 12:53am
Quoting emmanuel7788
EURUSD Week 51 Dec 14 to 18, 2020 Looking at where prices have been in the past 7 weeks is what some say it is hindsight and perfect vision. Looking at it now, I know where weekly price had been, that last week's W1 has ended that breakout-swing. That was very short-lived. {image}
SO what do u mean here by looking at this chart,7 weeks it was in uptrend,now will it reverse or take a retracemnet?
we are 2 weeks away from year end,i wish to see yearly candle and see what is the trend ?
  • #113,025
  • Dec 14, 2020 1:07am Dec 14, 2020 1:07am
Dec 14 Frankfurt Open

H1setup:

Buy GBPUSD
Sell EURGBP
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,026
  • Dec 14, 2020 1:24am Dec 14, 2020 1:24am
Trade Window


Trading the 4hr and a H4 confirmed swing,

the trade window is 15-minutes to 120-minutes

during this trade window, you can follow a M30 setup or a H1 setup.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,027
  • Dec 14, 2020 3:02am Dec 14, 2020 3:02am
Quoting PixelSniper
{quote} Trail stops are effective if your ''pure price action'' < (ehem ehem TDI.) entries have high winning rate and you are comfortable it will repeat itself in the future. And yeah, agree with that.
A video showing how a PA strategy should be executed and managed. I think again it can be of any approaches but fixed RR/pip sizes.
1. Market Structure based.
1b. (Optional) Risk minimization (BE) based.
2. Trailing Stop based

Inserted Video


Good luck everyone!
  • #113,028
  • Dec 14, 2020 3:05am Dec 14, 2020 3:05am
Going down.
Attached Image (click to enlarge)
Click to Enlarge Name: M15H1 21.PNG Size: 63 KB
  • #113,029
  • Dec 14, 2020 4:03am Dec 14, 2020 4:03am
Dec 14 H4

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Dec 14 14-12-2020 6-02-01 pm.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,030
  • Dec 14, 2020 4:05am Dec 14, 2020 4:05am
Quoting emmanuel7788
Dec 14 H4 {image}

EURUSD Dec 14 H1

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 14 H1 TMS_V19 14-12-2020 6-04-38 pm.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,031
  • Dec 14, 2020 4:10am Dec 14, 2020 4:10am
Quoting emmanuel7788
Dec 14 Frankfurt Open H1setup: Buy GBPUSD Sell EURGBP
I got in quite late on GU at 1.34000. There was a nice 1 hr entry at frankfurt open sadly missed it. The 4HR close has confirmed though so see how it pans out.
1.347 is first target see if we get there then I move SL to BE
  • #113,032
  • Dec 14, 2020 4:14am Dec 14, 2020 4:14am
Quoting T4Trade
{quote} SO what do u mean here by looking at this chart,7 weeks it was in uptrend,now will it reverse or take a retracemnet? we are 2 weeks away from year end,i wish to see yearly candle and see what is the trend ?
LOL. It means that the narcissist's trick for getting someone to respond to him to feed his ego worked on YOU HA-HA!

Look how it puts him in the superior position and you in the inferior position--all according to his need for repairing his poor self-worth. CLASSIC!

Now you will be strung along as he appears to ignore you by posting things not connected to your questions, HOPING that you will again show your attention to him with another post about the subject.
To free Gazans of Hamas, use whatever it takes.
  • #113,033
  • Dec 14, 2020 4:25am Dec 14, 2020 4:25am
Quoting Tekkies
Going down. {image}
Sorry to tell you, man, but because you don't look at many TFs to get better context, that H1 swing up took up H16 as well. So your M15 swing down is a mere pullback to the H16, and you should have been looking for the subsequent setup for the BUY CONTINUATION.
To free Gazans of Hamas, use whatever it takes.
  • #113,034
  • Dec 14, 2020 4:35am Dec 14, 2020 4:35am
Quoting DrDave
{quote} Sorry to tell you, man, but because you don't look at many TFs to get better context, that H1 swing up took up H16 as well. So your M15 swing down is a mere pullback to the H16, and you should have been looking for the subsequent setup for the BUY CONTINUATION.
What do you see round about EU 1.215836 on all timeframes?
Yes, I will have problems if price go past level which I very much doubt.
  • #113,035
  • Edited 5:08am Dec 14, 2020 4:53am | Edited 5:08am
Quoting Tekkies
{quote} What do you see round about EU 1.215836 on all timeframes? Yes, I will have problems if price go past level which I very much doubt.
Well of COURSE there is strong resistance at that level, but that was not the point. The point was, you did not have CONFIRMATION of M15 in a down trend yet, and when you decided to sell, that would need to be treated as a counter-trend trade with the corresponding money management system.

Of course the down swing COULD go too far to be just a pullback, but it IS a pullback unless/until you have evidence that a trend reversal has reached M15.

EDIT
M5 has subsequently managed to CONFIRM a down trend, but the following up swing is threatening to go too far and send it back to an up continuation.
To free Gazans of Hamas, use whatever it takes.
  • #113,036
  • Dec 14, 2020 5:21am Dec 14, 2020 5:21am
Quoting DrDave
{quote} Well of COURSE there is strong resistance at that level, but that was not the point. The point was, you did not have CONFIRMATION of M15 in a down trend yet, and when you decided to sell, that would need to be treated as a counter-trend trade with the corresponding money management system. Of course the down swing COULD go too far to be just a pullback, but it IS a pullback unless/until you have evidence that a trend reversal has reached M15.
Dave, went with how I understood the M15H1 TDI setups at that time.
- H1 corrected that TDI setup (repaint) into a green bounce red.
- Now three hours later H1 have a other TDI setup down.
- Traders want EU to go down with those long wicks, top of candles on both timeframes.
Can only wait that price will respect that resistance with this new H1 TDI setup and go down.
To me EU is going into consolidation until NY open, until then sell trade stay open.
  • #113,037
  • Dec 14, 2020 6:06am Dec 14, 2020 6:06am
Quoting DrDave
{quote}EDIT M5 has subsequently managed to CONFIRM a down trend, but the following up swing is threatening to go too far and send it back to an up continuation.
M5 is in consolidation since London Open, which make it unreliably to confirm any trend direction.
  • #113,038
  • Dec 14, 2020 6:14am Dec 14, 2020 6:14am
Quoting Tekkies
{quote} M5 is in consolidation since London Open, which make it unreliably to confirm any trend direction.
Look for swings, not for some market to open or close. So, down trend.

Lower high, lower low = down trend.
Nothing has occurred to negate this.

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #113,039
  • Dec 14, 2020 6:26am Dec 14, 2020 6:26am
what we are seeing in GU. GU could touch 1.35 very soon.
MA provides the market's current direction and strength.
  • #113,040
  • Dec 14, 2020 6:33am Dec 14, 2020 6:33am
Quoting DrDave
{quote} Look for swings, not for some market to open or close. So, down trend. Lower high, lower low = down trend. Nothing has occurred to negate this. {image}
You better be right, Dave.
----
On M15, all I see is trader's don't know where price want to go. Buyers hope for up, Sellers beg for down.
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