A few trades today but this is my pick of the day. PA showed rejection with bearish signal but no bull signal. So Sell and got it. TDI cross to enter {image}
{quote} GU scalp on pullback 10pips. TDI green cross red. Some traders on the GU thread do have good skills in PA worth taking a note or two. Not here Good night. {image}{image}
{quote} Here is my simple strategy. I am trading this system by adding and removing one or two indicators for few months. I have realized that there is no Holi grail. so I have decided I will not add any indicator with this and I will trade with this system for few months. I use HMA it replace TDI. settings is 12 and 3. I use t3MA it replace 5 ema shift 2 or 3. I use QQE it replace stochastic oscillator I use gann HiLo it replace ema. I use kumo histo for filter out some bad trade. if anyone interested they can use this system. {image} {image}
{image} NZDUSD H4 Green-Red cross already happen..this is the 2nd time crossing to the upside..(1st cross at 5/5-0000hrs candle, 2nd cross current candle 6/5-1600hrs) Options : 1. Take this as a bounce trade and open buy order at market..(buy @ 0.7226) 2. Place buy limit order @ 0.7210 (choose this option)
What would you guys do, please do give feedback. thanks in advanced.
{image} NZDUSD H4 Green-Red cross already happen..this is the 2nd time crossing to the upside..(1st cross at 5/5-0000hrs candle, 2nd cross current candle 6/5-1600hrs) Options : 1. Take this as a bounce trade and open buy order at market..(buy @ 0.7226) 2. Place buy limit order @ 0.7210 (choose this option) What would you guys do, please do give feedback. thanks in advanced.
{quote} Hi beatentrader {image} Welcome to Trading Made Simple the 5-Method! First, I look at the price chart for the Price Action . It easy, at that red line you draw, before that is a Double Inside Bar ... this is CONSOLIDATION. Then when the red line bar/candle closed, the price action confirms a H4 Master Candle but on your chart I cannot see the Open and Close of that bar/candle except the HA colour is blue and the HA body is larger than 'medium' size. Big E' post #647 , quick check: How close am I to the previous high or lo Am I in an uptrend...
{quote} {quote} Here is my big picture of the other timeframes - daily and Weekly as of today May07 {image} today trading is simple and easy decision. - no H4 trades ... why? - trade only H1 and follow the H4 big picture
{image} NZDUSD H4 Green-Red cross already happen..this is the 2nd time crossing to the upside..(1st cross at 5/5-0000hrs candle, 2nd cross current candle 6/5-1600hrs) Options : 1. Take this as a bounce trade and open buy order at market..(buy @ 0.7226) 2. Place buy limit order @ 0.7210 (choose this option) What would you guys do, please do give feedback. thanks in advanced.
{quote} I would aim for sell. 1. The bull is not as strong as previously on left 2. Dollar hitting support while NU hitting resistance. So the timing of sell 1. bearish signals as whatever your choice. PA analysis is yours to make and TDI cross and bounce signal entry opportunities For me, sell signal is also not strong and at H1 or lower. So I will aim small and my hard TP at previous low. I don’t trade this pair but the principle is always the same: catch the momentum and you’ll have minimal drawdown. You can get a lot of BE but few actual losses....
