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Trading Made Simple

  • #114,961
  • Jan 10, 2021 7:16pm Jan 10, 2021 7:16pm
Jan 11 Sydney 12:00pm

Price Action

- M15/H1 set candle

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Jan 11 Syd 1200 pm 11-1-2021 9-09-29 am.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,962
  • Jan 10, 2021 7:29pm Jan 10, 2021 7:29pm
For those who are trading price action (naked charts) and wanting to learn a few price action type trade setups.

Divergence has a few tips & tricks for you. You can check these with your usual TMS chart template and see if these make sense. I learn them and I trade E-Mini Futures with them. I look at the price bars with APB/HA candles in background.

https://www.forexfactory.com/thread/...4#post13351154

https://www.forexfactory.com/thread/...4#post13350464
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,963
  • Jan 10, 2021 7:35pm Jan 10, 2021 7:35pm
Quoting DrDave
{quote} you stated that 65% win rate is for beginners. You should take care to read more carefully. I never stated that 65% win rate is for beginners: BigE said that. In many of my posts I included the link to his post.
Okay, that puts context into things.
If you are good at something, never do it for free--Joker
  • #114,964
  • Jan 10, 2021 8:06pm Jan 10, 2021 8:06pm
Quoting jmn5611
{quote} Okay, that puts context into things.
early in his old thread where his trading journey began, Eric posted this:

Thanks buddy and I keep trying to help other traders make more pips without having to pay for a bogus trading course. People on our thread have some experience to succeed. This thread is not meant for newbies. Our thread is not about learning the basics of forex trading but it's about teaching a method to traders who are no longer beginners... but intermediate+ I guess.

Any newbies here... please go to www.babypips.com and take some time to learn about the forex market and how it's traded. It's important.

#3805 March 02,2011.

How many times did Big E used that word "beginners" in his 1488 posts ?

Well, did say "beginners" in his Post#495, Apr 29,2011.

"
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow..

I never knownly take a draw back of 40-50 pips even on the 4hr. I generally exit at 10-15 pips to keep my profit and I'll re-enter when it turns back. If it happens when I'M SLEEPING... SO WHAT ... I never know about it... S/L at last HH or LL. It turns out in my favor most of the time. I lose about 2 trades out of 14-16 trades. I can live with that. I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts.
"
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,965
  • Jan 10, 2021 10:39pm Jan 10, 2021 10:39pm
Trading the M15 candles, you will always get some alerts.

Pick only the alerts which closes the H1 candles and you have a trade plan.

TMS Monitor Jan 11 SYD 3:30pm

- some alerts happen at the M30 Close,
- do you trade M30 entries?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jan 11 M15 SYD_1530pm 11-1-2021 12-36-34 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,966
  • Jan 11, 2021 12:07am Jan 11, 2021 12:07am
Trading GBPUSD M15 today?

Read this old post { here }

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jan 11 M15 Re post97 CHS 11-1-2021 2-03-33 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,967
  • Jan 11, 2021 12:26am Jan 11, 2021 12:26am
Quoting emmanuel7788
Trading GBPUSD M15 today? Read this old post { here } {image}
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jan 11 M15 TOK5H 11-1-2021 2-25-20 pm.png Size: 8 KB


its not yet LO but the alert came ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,968
  • Jan 11, 2021 12:42am Jan 11, 2021 12:42am
EURUSD Jan 11 H1

- Tokyo 3pm Frankfurt 7am New York 1am Oregon 10pm

- a H1 alert that I missed but when I check my chart ... hmmm ....
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jan 11 H1 alerts 11-1-2021 2-38-39 pm.png Size: 7 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,969
  • Jan 11, 2021 3:04am Jan 11, 2021 3:04am
Discretionary trading big e style from the A team. Check out the profit factor.
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  • #114,970
  • Jan 11, 2021 3:17am Jan 11, 2021 3:17am
Quoting tommydoginti
{quote} just because we are from Hong Kong and has lowest cost in trading HSI
Hi Tommy san1 nin4 faai3 lok6 !

Which is your current broker? Mine is Admiral Market and it's not the best for HSI.

Best,
CGN
  • #114,971
  • Jan 11, 2021 3:31am Jan 11, 2021 3:31am
Quoting cgninvesting
{quote} Hi Tommy san1 nin4 faai3 lok6 ! Which is your current broker? Mine is Admiral Market and it's not the best for HSI. Best, CGN
I dont trade HSI its my dad, if i remembr correctly it is CFSG
  • #114,972
  • Jan 11, 2021 3:50am Jan 11, 2021 3:50am
Quoting tommydoginti
{quote} I dont trade HSI its my dad, if i remembr correctly it is CFSG
Ok thanks!
  • #114,973
  • Jan 11, 2021 3:51am Jan 11, 2021 3:51am
Looking for price level to sell,

EU London session

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan 11 H4 pull back to Open 11-1-2021 3-46-17 pm.png Size: 84 KB


get the alert, go check my chart,

1-7 is good...

Attached Image (click to enlarge)
Click to Enlarge Name: EU TMS Monitor sell 11-1-2021 5-50-07 pm.png Size: 6 KB


then pull the sell trigger
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,974
  • Jan 11, 2021 3:54am Jan 11, 2021 3:54am
Still at it, I see. Just checking in.
  • #114,975
  • Jan 11, 2021 3:56am Jan 11, 2021 3:56am
EUR/GBP H1
waiting for the last candle to close bellow low of the last green candle. 1H trade within 4H trading range (4H mother bar)
Craig Harris NFF, TDI cross

EUR/JPY H1
waiting for the last candle to close bellow blue and grey box (4H trading range, H1 trading range), TDI cross

Both of them will be checked, when 15Minutes bar closes.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURJPY.jpg Size: 156 KB
  • #114,976
  • Jan 11, 2021 4:08am Jan 11, 2021 4:08am
EURUSD
Some people are fixated on that H4 TF. But at the moment, the H2 is the focus TF for a sell continuation.

(No EAs required. Just the simple information that the HA bars and simple IMT MTF indicators provide.)
To free Gazans of Hamas, use whatever it takes.
  • #114,977
  • Jan 11, 2021 4:34am Jan 11, 2021 4:34am
@ emmanuel7788 first of all thanks for your contribution to the tread.

I wonder if you could upload (or provide a link) to YOUR template. I see some indicators that I havent found in the thread.

thanks in advance. also my tdi dashboard seems a bit more outdated (dont have the 15min tf for example)

thanks for your help in advance
  • #114,978
  • Jan 11, 2021 5:33am Jan 11, 2021 5:33am
Quoting pafka
EUR/GBP H1 waiting for the last candle to close bellow low of the last green candle. 1H trade within 4H trading range (4H mother bar) Craig Harris NFF, TDI cross EUR/JPY H1 waiting for the last candle to close bellow blue and grey box (4H trading range, H1 trading range), TDI cross Both of them will be checked, when 15Minutes bar closes. {image} {image}

a lot depends on GBPUSD now... when it move away from the BRN 1.3500, then EG will move.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jan 11 H4 V19 11-1-2021 7-30-46 pm.png Size: 89 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,979
  • Jan 11, 2021 5:34am Jan 11, 2021 5:34am
Quoting emmanuel7788
What I read in one of recent post: You can start with a 2 figure account and grow it to a 8 figure account. This is typisch rookie trader's dream. It will take a lifetime dreaming.
I finally understand that girl don't have any knowledge. She has lots of conflicting information. Previously I thought she knows something, now I am sure she is full of BS.
MA provides the market's current direction and strength.
  • #114,980
  • Jan 11, 2021 5:35am Jan 11, 2021 5:35am
It 's a waiting game ... for short swing traders.

GBP crosses,...

I follow the Weekly price action
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUAD Jan 11 H4 V19 11-1-2021 7-24-11 pm.png Size: 78 KB
Click to Enlarge Name: GBPCAD Jan 11 H4 V19 11-1-2021 7-24-39 pm.png Size: 80 KB
Click to Enlarge Name: GBPNZD Jan 11 H4 V19 11-1-2021 7-25-02 pm.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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