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Trading Made Simple

  • #126,761
  • Oct 13, 2021 6:01am Oct 13, 2021 6:01am
Quoting pips29
{quote} Fundamentals take time to play out.If you have money then you can hold and come back one year later to check out..just a reminder "the market can remain irrational far longer than you can remain solvent"
Very true some people just don't get this point. That is why I don't like their popular method.
MA provides the market's current direction and strength.
  • #126,762
  • Oct 13, 2021 6:04am Oct 13, 2021 6:04am
Quoting hasib
eurCAD is already move low quite a lot, very close to MAR, H1 price rejected, to sell this we have to wait to break the TL, I don't think today I will get any sell. if it moves little more higher we may find good sell. here is my 2 loss trade. {image}
this is for your eyes only, others need not take a look..with bbma on H4 you see the entries/exits...the last short is at b/e and not cashed out yet
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.pH4.png Size: 55 KB
the cautious seldom err....C
  • #126,763
  • Oct 13, 2021 6:12am Oct 13, 2021 6:12am
Quoting pips29
{quote} this is for your eyes only, others need not take a look..with bbma on H4 you see the entries/exits...the last short is at b/e and not cashed out yet {image}
Yes I was looking for good pair, I see lots of good entry in this pair I start trading today this pair in my challenge account.

BTW, Previous day high low work as a liquidity point, market tries to move towards previous day high and low. here is CJ.

It was late entry because it was indicator based entry. previous day was bullish so far today market is moving upper 50% of previous day high low, I am expecting price will move towards previous day high when cad banks will open I mean in the us session.

what is concerning is price is not moving up, it is failing again and again.

we know market is waiting for FED but what will FED say or do everyone already knows it.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_7.png Size: 42 KB
MA provides the market's current direction and strength.
  • #126,764
  • Oct 13, 2021 6:13am Oct 13, 2021 6:13am
Quoting hasib
{quote} Yes I was looking for good pair, I see lots of good entry in this pair I start trading today this pair in my challenge account. BTW, Previous day high low work as a liquidity point, market tries to move towards previous day high and low. here is CJ. It was late entry because it was indicator based entry. previous day was bullish so far today market is moving upper 50% of previous day high low, I am expecting price will move towards previous day high when cad banks will open I mean in the us session. what is concerning is price is not moving...
give me a few minutes and I come back to you
the cautious seldom err....C
  • #126,765
  • Oct 13, 2021 6:20am Oct 13, 2021 6:20am
Quoting hasib
{quote} Yes I was looking for good pair, I see lots of good entry in this pair I start trading today this pair in my challenge account. BTW, Previous day high low work as a liquidity point, market tries to move towards previous day high and low. here is CJ. It was late entry because it was indicator based entry. previous day was bullish so far today market is moving upper 50% of previous day high low, I am expecting price will move towards previous day high when cad banks will open I mean in the us session. what is concerning is price is not moving...
this one on rocket fuel, if price drops to 91 it would be a good buy..more upside expected
the cautious seldom err....C
  • #126,766
  • Oct 13, 2021 6:21am Oct 13, 2021 6:21am
Oh EC is moving lower, EUR related pair is good for retracement entry, I close with loss now it is fking going down. I will not enter. That is what happen when you try to not take loss. if you close trade early and than price move towards your target.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_8.png Size: 39 KB
MA provides the market's current direction and strength.
  • #126,767
  • Oct 13, 2021 6:22am Oct 13, 2021 6:22am
I did not post this as it was taken on bbma..ok no more discussion on bbma. Don't want people to get offended
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.pH4.png Size: 57 KB
the cautious seldom err....C
  • #126,768
  • Oct 13, 2021 6:25am Oct 13, 2021 6:25am
Quoting pips29
{quote} this one on rocket fuel, if price drops to 91 it would be a good buy..more upside expected
in the morning I got price close to 91. I should have buy. OH it is now moving up. after breaking previous day high it will be more interesting to watch.
MA provides the market's current direction and strength.
  • #126,769
  • Oct 13, 2021 6:27am Oct 13, 2021 6:27am
Quoting pips29
I did not post this as it was taken on bbma..ok no more discussion on bbma. Don't want people to get offended {image}
no matter what you and I post some people will get offended here every day. every time they lose money they get offended by profitable trader it is the reality here.
MA provides the market's current direction and strength.
  • #126,770
  • Oct 13, 2021 6:27am Oct 13, 2021 6:27am
Quoting hasib
Oh EC is moving lower, EUR related pair is good for retracement entry, I close with loss now it is fking going down. I will not enter. That is what happen when you try to not take loss. if you close trade early and than price move towards your target. {image}
I don't want to mention the sell on the chart and I thought you were still holding
the cautious seldom err....C
  • #126,771
  • Oct 13, 2021 6:33am Oct 13, 2021 6:33am
took 1/2 out and stop moved to b/e...here's the tms chart
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.pDaily.png Size: 63 KB
the cautious seldom err....C
  • #126,772
  • Oct 13, 2021 6:42am Oct 13, 2021 6:42am
Quoting hasib
{quote} in the morning I got price close to 91. I should have buy. OH it is now moving up. after breaking previous day high it will be more interesting to watch.
I don't trade this pair so take what I say with a pinch of salt..I'm not liable for your loss. it's your trade and you own it. I'm just looking, moreover I'm not a guru
the cautious seldom err....C
  • #126,773
  • Oct 13, 2021 6:59am Oct 13, 2021 6:59am
the loonie may get a bounce there
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.rDaily.png Size: 57 KB
the cautious seldom err....C
  • #126,774
  • Edited 7:31am Oct 13, 2021 7:20am | Edited 7:31am
Quoting jmn5611
{quote} Pips29 has been posting some nice charts. He is making trading calls with analysis. He is not arguing, he is letting his posts do the talking for him. I know you can do the same if you choose to.
Like this one?
Attached Image (click to enlarge)
Click to Enlarge Name: like.PNG Size: 54 KB

(AU M5 as per Post 126,317)

What for Jmn?
- To convince readers you can trade
- Show readers that BigEs method as posted by him can be profitable
- Feed the little ego some bread crumps?

(Will members TE's confirm what they post everyday in this thread?)
  • #126,775
  • Oct 13, 2021 7:38am Oct 13, 2021 7:38am
Quoting Tekkies
{quote} Like this one? {image} (AU M5 as per Post 126,317) What for Jmn? - To convince readers you can trade - Show readers that BigEs method as posted by him can be profitable - Feed the little ego some bread crumps? (Will members TE's confirm what they post everyday in this thread?)
The only way to figure it out is trying it
if those readers are just readers it will not change anything...

Me Until now am profitable using his method
Wealthy
  • #126,776
  • Oct 13, 2021 7:44am Oct 13, 2021 7:44am
Quoting emmanuel7788
UJ Oct 13 Daily {image} M5 buy - buy the Daily continuation as it will make new Day high above yesterday' Close {image}

UJ Oct13 M5 trading

- stopped out by the NY open news

- quick re-entry and hit +10pips

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Oct 13 M5 trades closed re-entry 13-10-2021 8-41-10 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,777
  • Oct 13, 2021 7:47am Oct 13, 2021 7:47am
Quoting Vin3
thank you very much Tekkies, yes Im checking the # posts you stated and it helps a lot, one more thing- how does TDI and stoch the same signal? How can we say that stoch confimed the crossing of green and red lines? Im sorry but Im really confuse on this, to make it short, If green cross above red it signals BUY and If green cross belw red it signals SELL? Do we need to see also the crossing lines of stoch same as TDI for confirmation? thank you again Tekkies for helping new members here like me
If green cross above red it signals BUY and If green cross belw red it signals SELL?

Do not get confused and think that the green cross red is telling you to enter a trade now: It is not used that way. The green cross red is ONLY an ALERT. If you see it, look at the chart an make an analysis and decide if the conditions look correct to make an entry.
To free Gazans of Hamas, use whatever it takes.
  • #126,778
  • Oct 13, 2021 7:51am Oct 13, 2021 7:51am
Quoting emmanuel7788
{quote} UJ Oct13 M5 trading - stopped out by the NY open news - quick re-entry and hit +10pips {image}

Trading M5 is also profitable if your are follow simple rules for entries and exits Post#2617

and you are DISCIPLINED.

Today closed shop once I hit $1000 and now move over to trading E-Mini Futures when NYSE open.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS M% scalping Oct 13 closed trades NYO 13-10-2021 8-46-34 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,779
  • Edited 8:59am Oct 13, 2021 7:55am | Edited 8:59am
trading is bad for health. I forgot to take my lunch..locking in this while I prepare my meal
EDit: ate my stop
Attached Image (click to enlarge)
Click to Enlarge Name: XTIUSD.pM15.png Size: 57 KB
the cautious seldom err....C
  • #126,780
  • Oct 13, 2021 8:01am Oct 13, 2021 8:01am
Quoting hasib
It was TC H4 retracement entry. I don't think entry was wrong, it the market that decided not to go down today. {image}
EC H4 through D1 TFs are extremely overdue to go up. So you should be looking at lower TFs to see if they are making a commitment to it long before you can determine if H4 is just another retracement or a reversal swing.
To free Gazans of Hamas, use whatever it takes.
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