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Trading Made Simple

  • #118,641
  • May 10, 2021 11:54pm May 10, 2021 11:54pm
EA May 11 H1 FO

- a nice slope 16.0 by TOKY_5H with cross but FO did not follow through ...

- what will LO bring?

Attached Image (click to enlarge)
Click to Enlarge Name: EA May11 H1 FO 11-5-2021 2-53-15 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,642
  • May 11, 2021 12:02am May 11, 2021 12:02am
Quoting emmanuel7788
EA May 11 H1 FO - a nice slope 16.0 by TOKY_5H with cross but FO did not follow through ... - what will LO bring?
Attached Image (click to enlarge)
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{image}

EA May 11 h1 FO closed Doji ...

- green line flat slope 0.3

- do you trade based on PA or TDI green line flat?
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,643
  • May 11, 2021 1:11am May 11, 2021 1:11am
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MA provides the market's current direction and strength.
  • #118,644
  • May 11, 2021 2:21am May 11, 2021 2:21am
Quoting emmanuel7788
{quote} A new H4 May11 1AM EST 10PM PDT - ? - now I wait during this H4 trade window {image}

TMS Mon H4 10AM London 2AM PDT Big E' trading hour

- I see a few bounces and tweeks in the MOMENTUM

- then check my trading pairs charts

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon May11 H4 10Am LDN 11-5-2021 5-18-17 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,645
  • May 11, 2021 3:06am May 11, 2021 3:06am
Quoting emmanuel7788
{quote} TMS Mon H4 10AM London 2AM PDT Big E' trading hour - I see a few bounces and tweeks in the MOMENTUM - then check my trading pairs charts {image}
The price it found was low in LO. This candle is called the reversal candle. I understand that right, brother?
And e turned off EA THV and price went up 20 pips and moved SL to BE. hope it will run to the TP of 50 pips.
Do you have any advice for me?
All still respect all postings and instructions and transaction probabilities from him. thank you very much
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  • #118,646
  • May 11, 2021 3:41am May 11, 2021 3:41am
us30 weekly chart. Strong bull market.
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MA provides the market's current direction and strength.
  • #118,647
  • May 11, 2021 3:44am May 11, 2021 3:44am
Us30 RN 35000 and Channel high with Candle pattern. market is moving lower for short period.
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MA provides the market's current direction and strength.
  • #118,648
  • May 11, 2021 3:58am May 11, 2021 3:58am
Intraday chart I don't see any bull power. I see bear strongly gaining their control over the market.
us session will show us more information.
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MA provides the market's current direction and strength.
  • #118,649
  • May 11, 2021 4:47am May 11, 2021 4:47am
Quoting mistdraw28
{quote} The price it found was low in LO. This candle is called the reversal candle. I understand that right, brother? And e turned off EA THV and price went up 20 pips and moved SL to BE. hope it will run to the TP of 50 pips. Do you have any advice for me? All still respect all postings and instructions and transaction probabilities from him. thank you very much {image}
hi mistdraw28

For that bar/candle to be a REVERSAL candle, that first white arrow bar must show price engulfing the recent price action on its left. A Bullish Engulfing Bar BUEB candle would be a better setup to pick.
Also that H1 bar is not the last H1 of the H4. These factors would be some risks.

Therefore to pick a A+++ setup, better to wait for the best setups with TIMING .. Follow H4 and then H1.

I edited your post chart to show an unbias actual view when that first white arrow bar closed.
See the swing high on the left circle yellow. A better setup candle must break that high.
Two bars reversal are more risky unless that H1 which closes the H4 candle time.
I know many traders prefers 3 bar swing low reversals (Phx62)
I prefer 5-bars swing low reversals.


Attached Image (click to enlarge)
Click to Enlarge Name: mistdraw EU H1 setup 11-5-2021 6-56-20 pm.png Size: 141 KB


see my chart below:

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Click to Enlarge Name: EU May11 h1 setup REVERSAL candle 11-5-2021 7-50-53 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,650
  • May 11, 2021 5:05am May 11, 2021 5:05am
Quoting mistdraw28
{quote} The price it found was low in LO. This candle is called the reversal candle. I understand that right, brother? And e turned off EA THV and price went up 20 pips and moved SL to BE. hope it will run to the TP of 50 pips. Do you have any advice for me? All still respect all postings and instructions and transaction probabilities from him. thank you very much {image}

here is a current H1 example.

to me this is 'iffy' setup with H4 remaining time to close and the previous price action to the far left and RN 1.4150.

NYOpen !

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,651
  • May 11, 2021 5:14am May 11, 2021 5:14am
Hi emmanuel7788, hasib and other guys, i am new forex trader and in during last few months i lost so much because i dont have any strategy, now i want to learn and you guys help me and pleas tell which system is best , can i become successful trading with this method (Trade made simple) or something else please help, the all money was borrowed now i have to return him. And in this pandemic i lost my job i was working in a private compny. Now forex is all for me but i dont have any winnig system you guys please tell which one is best and which one will work because there is so much systems in forex factory and i am confused which to adopt, trying multiple system one by one i lost much now my account is also so small. My request to you guys please help me to become a successful trader i will very thankfull to you guys
  • #118,652
  • May 11, 2021 5:50am May 11, 2021 5:50am
Quoting emmanuel7788
{quote} hi mistdraw28 For that bar/candle to be a REVERSAL candle, that first white arrow bar must show price engulfing the recent price action on its left. A Bullish Engulfing Bar BUEB candle would be a better setup to pick. Also that H1 bar is not the last H1 of the H4. These factors would be some risks. Therefore to pick a A+++ setup, better to wait for the best setups with TIMING .. Follow H4 and then H1. I edited your post chart to show an unbias actual view when that first white arrow bar closed. See the swing high on the left circle yellow....

Thank Bro ! I decided to Entry EU at that time was a bit of a hurry
  • #118,653
  • May 11, 2021 5:59am May 11, 2021 5:59am
Quoting yahya11
Hi emmanuel7788, hasib and other guys, i am new forex trader and in during last few months i lost so much because i dont have any strategy, now i want to learn and you guys help me and pleas tell which system is best , can i become successful trading with this method (Trade made simple) or something else please help, the all money was borrowed now i have to return him. And in this pandemic i lost my job i was working in a private compny. Now forex is all for me but i dont have any winnig system you guys please tell which one is best and which one...
Quoting emmanuel7788
{quote} Hey jayfxtrading. I see in your profile you are from South Africa. Do you know X-Man? X_Man' TMS H1 and H4 thread link is here: https://www.forexfactory.com/thread/...-simple-system I learn a lot of H1 and H4 price action trading from him. Price Action is king when you want to trade H1 and H4. there is no system in this thread. the OP died after his last post in Oct 2011. If you want to follow the trading journey of the OP in Forex factory and get to know him, his lifestyle and his trading methods, then follow...
A thoughtful guide for those lucky to read of emmanuel7788 ! You try to practice a lot, if you still have no profit, you should top up a small amount or cent account to trade live or a way that many people often use is Demo, trading experience, trading emotions depending on each person is different. I'm also new!
  • #118,654
  • May 11, 2021 6:07am May 11, 2021 6:07am
Quoting yahya11
Hi emmanuel7788, hasib and other guys, i am new forex trader and in during last few months i lost so much because i dont have any strategy, now i want to learn and you guys help me and pleas tell which system is best , can i become successful trading with this method (Trade made simple) or something else please help, the all money was borrowed now i have to return him. And in this pandemic i lost my job i was working in a private compny. Now forex is all for me but i dont have any winnig system you guys please tell which one is best and which one...
Stop trading yahya11.
You post is one of desperation and a desperate person can not trade. The need to make money will make you take risk that a account can not handle.
Please change the way you think about Forex trading. It is a long and painfull journey to become profitable and it won't happen inside a year or two.

You still insist to trade do the following if you have not done it already after almost trading a year.
> Find a broker that is regulated
> Open or reduce leverage to as low as you can go. Leverage of 100:1 is reasonable.
> Deposit the smallest amount broker allows into a cent account.
Download and use
>> only the indicators in post#25 in this thread.
>> BigE full.pdf and TDI Cross. pdf.
Follow only the advice in those two pdf.
>> You don't know the meaning of consolidation, support/resistance, short/long term trends head over to BabyPips.com and do the online quez.

Can ask here that members help you to read a chart with Post#647 basic forex price action.
  • #118,655
  • May 11, 2021 6:11am May 11, 2021 6:11am
Quoting hasib
Intraday chart I don't see any bull power. I see bear strongly gaining their control over the market. us session will show us more information. {image}
Of course: change comes from BELOW and cycles UPWARD.

Check H1 and H2.
To free Gazans of Hamas, use whatever it takes.
  • #118,656
  • May 11, 2021 6:46am May 11, 2021 6:46am
GU double top rejection
TDI Sell cross entry.

15pips in 15min.

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  • #118,657
  • May 11, 2021 6:49am May 11, 2021 6:49am
Quoting DrDave
{quote} Of course: change comes from BELOW and cycles UPWARD. Check H1 and H2.
hi Dave

H1 200 ema bounce. Before that bounce I took some nice trade. some of those trade hit BE.

I tried to buy but all the buy trade hit sl. loss is part of the game.
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MA provides the market's current direction and strength.
  • #118,658
  • May 11, 2021 7:02am May 11, 2021 7:02am
Quoting tommydoginti
GU double top rejection TDI Sell cross entry. 15pips in 15min. {image}
We're still in the W2 up swing (rally). So the H1 and smaller TFs will have a LOT of cycling up-and-down as they move the higher TFs to completing the W2 rally.

Best results are achieved when you determine which TF holds the swing that you want to trade and it's relationship to the W2 and all TFs between those two.
To free Gazans of Hamas, use whatever it takes.
  • #118,659
  • May 11, 2021 7:13am May 11, 2021 7:13am
Quoting hasib
{quote} hi Dave H1 200 ema bounce. Before that bounce I took some nice trade. some of those trade hit BE. I tried to buy but all the buy trade hit sl. loss is part of the game. {image}
If you tried buying after that swing high on H1 (about the middle of the chart that you posted), then it is no surprise at all that they hit SL and failed.

But if you mean buying even the last pullback before that swing high gave negative results, then you need to re-examine your method of SL placement as well as monitoring the TFs below H1.
To free Gazans of Hamas, use whatever it takes.
  • #118,660
  • May 11, 2021 7:16am May 11, 2021 7:16am
M1 Structure with the Trend. more than 3R.
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MA provides the market's current direction and strength.
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