Trading Made Simple

Quoting kirinda

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{quote} Exit with -0.5R(-29pips): {image} I think setup was good but there were no buyers after entry candle.

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Quoting Tekkies

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{quote} #6.....it's candle 3 or more don't enter... find another trade set up. #54.... Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2. {image}

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Quoting eelfranz

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Training Chart - US/Cad 4hr.. no trade here... Candle 4 is pulling back, TDI has tweeked... reversal coming...

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Quoting eelfranz

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Training Char - Going south (short). Even though it's candle #3 it looks strong for a trade entry... USD/JPY 4hr.

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Quoting emmanuel7788

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{quote} that year was 2011 that month was April and that day was Thursday the 28th Do you see what happened on that day April 28, 2011? what was that big event on 28th April and on the night before? did you see the Daily and Weekly price action ? Weekly {image} did you see the Weekly PA swing high reversal setup candle? was that APB/HA #2 or #3 when he did his H4 'entry' Daily {image} How do you develop your 'neural network' when learning from Big E' many training charts? Have you seen many of his live trades charts? How many? What have you learn...

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Quoting emmanuel7788

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*** LIVE Trading *** June 25 The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique. H1 at Tokyo 10am {image}

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Quoting emmanuel7788

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{quote} *** LIVE Trading *** June 25 UJ Jun 25 H1 day trading - with the Daily candle in background - do you see a 'spinning top' Daily at BRN 111.0 - it can 'spin' out of control and like all real spinning tops, it will eventually slows down and due to the earth's gravity it will topple over and rest. {image} > you can scalp while the its Daily is spinning, can you?

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Quoting emmanuel7788

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{quote} UJ Swing Trading Jun 25 - nothing to trade today, - wait for Week to close and do you WTDA update - right now, I see lots of room between 110.83 and 111.42 and way higher 112.40ish.... anything can happen in 'empty space'. (BBMA) - the bottom downside is also quote visible. {image} {image}

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Quoting hasib

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Can you Imagine how todays candle will close. {image}

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Quoting emmanuel7788

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{quote} US30 June 25 Learning from my yesterday's mistake , Today I can imagine me doing two things:- 1) take a m2m3m15 sell setup below today' Day Open and see if the market will cover the gap up. 2) take a m2m3m15 buy setup when I see the price action make higher high + higher Close above today' Day Open and catch the CONTINUATION of the Daily. June 24 trades . {image}

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Quoting emmanuel7788

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*** LIVE Trading *** June 25 The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique. H1 at Tokyo 10am {image}

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Quoting emmanuel7788

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{quote} *** LIVE Trading *** June 25 US30 Jun 25 Frankfurt 8:30am - sell 34290.40 entry price

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Quoting Tekkies

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{quote} #6.....it's candle 3 or more don't enter... find another trade set up. #54.... Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2. {image}

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Quoting tommydoginti

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{quote} {quote} Let’s look at BigE’s training chart on #351 and #353 It is a good example of the risk when entering at Candle #3. Chasing the swing reduces your windows of profit. IMO after candle #3 is only for bounce entries and bit of trick to pick those with higher odds also remember to read all of BigE’s posts not just picking one or few {image}{image}

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Quoting kirinda

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{quote} Yes, it was 1 candle to late after the crossing. I forget this rule when I saw a strong candle. I think I will only take trade on candle 1 and 2 in the future.

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Quoting emmanuel7788

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{quote} *** LIVE Trading *** June 25 US30 Jun 25 London Open trade update: - with the LO rush, trade went into profit so I lock the BE+ - this retracement can go to 20% to 30% of yesterday' range. - Fib50 is where some buyers wait. {image}

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Quoting emmanuel7788

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{quote} *** LIVE Trading *** June 25 H1 London Open 8am Frankfurt Open FO provide a few signals, do you have your trade plan prepared and if you do, then take the trade. {image}

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