Trading Made Simple

Quoting Alex84054

Disliked

EURNZD H1{image} What do you think?

Ignored

Quoting emmanuel7788

Disliked

{quote} hi Alex Today May31 you can follow up and stalk this pair. I see yesterday close a small Daily candle and last Friday big candle is the Mother Bar of yesterday Inside Bar candle. There is potential for a breakout trade and we have to wait for the best setup and follow PA+SR type of trade setups. The breakout can go either way. Note, today is month-end trading and it is 'shadow trading'. It is going to be an interesting month-end closing on a Tuesday and its is still the weekly(0) candle. {image} we learn from realtime live trading, no more...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD May 31 Weekly view: - with last week' candle high-low, we see the pull-back and the high-low range - the Market Type is sideways now {image} Daily view: - Daily is quite clear as the 5-Method PA is below its 5EMA,Typcal Price, Shift+2 - and we see consecutive Mother Bar/Inside Bar price action - use the Weekly high-low as potential support/resistance when we plan our trades {image} ..

Ignored

Quoting emmanuel7788

Disliked

{quote} do you see H1 narrow range price action ? do you see a sort of rising channel? > this price action + rising channel means you check your next higher timeframe i.e. H4 *** Heiken Ashi candle are different from the APB/HA candles which the OP used. {image} >>> the market will set up many TMS traders when they look for TDI setups green line crosses red line. {image} ...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD May31 H1 Tokyo 10:00am - bullish engulfing outside bar BUEOB - one of the Three Power Forex price action pattern - but when you look left, you see recent previous price action PPA highs ... can be resistance to the move up! - is there room enough for 10 to 20 pips? what is your initial Stop Loss risk 'R' for trade Position Sizing? {image} {image} Learn just a few basic price action and apply them with Post#647, no need to guess what are big and small candle, be specific with what is small and what is big candle. Three Powerful FOREX...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD May31 H1 Tokyo 11:00am UPDATE: - did you get 20 pips or 30pips? - Price tested previous Day' High also the Inside Bar high - now it get more interesting if the breakout of the Day Inside Bar high for another possible PA trade {image} Learn just a few basic price action and apply them with Post#647, no need to guess what are big and small candle, be specific with what is small and what is big candle. Three Powerful FOREX Price Patterns { download...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD May31 H1 Tokyo 1200pm UPDATE: - now we see a small candle Doji and its also an Inside Bar candle - you should by now know what to do {image} ...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD May31 H1 UPDATE Tokyo 1PM and 2PM - two setups both with price MOMENTUM - 1PM was a good break of the Mother Bar / Inside Bar {image} - this one below the TDI green price lone tweaked a little but still good {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD May31 H1 UPDATE Tokyo 1PM and 2PM - two setups both with price MOMENTUM - 1PM was a good break of the Mother Bar / Inside Bar {image} - this one below the TDI green price lone tweaked a little but still good {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} hey @Fake'Dr'Dave I know what you are thinking too just reading what your wrote: "However, from the way that I decide direction/entries, that is still in an uptrend. Look to M5 or M15 , because change comes from the bottom and progresses upward" LOL. Long time ago more than 10 years in this thread another noob told people that change in trend starts in the M1 timeframe. That noob said the TDI green line shows stepping up or stepping down in the TDI MTF higher timeframe on the same chart. Many other noob traders followed that noob and all...

Ignored

Quoting emmanuel7788

Disliked

{quote} do you see H1 narrow range price action ? do you see a sort of rising channel? > this price action + rising channel means you check your next higher timeframe i.e. H4 *** Heiken Ashi candle are different from the APB/HA candles which the OP used. {image} >>> the market will set up many TMS traders when they look for TDI setups green line crosses red line. {image} ...

Ignored

Quoting emmanuel7788

Disliked

{quote} >>> *** Heiken Ashi candle are different from the APB/HA candles which the OP used. here is the comparison Heiken Ashi and Synergy APB/HA, both are commonly refer to as HA candles the APB/HA shows better reaction to the volatility of the Close price hence the difference in the APB/HA candle body size. {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD May31 H4 at Frankfurt 8:30am - 30 mins into FO - H4 (shooting star) pullback candle running nicely and potential target the low 1.6365 the Weekly range low {image} {image} Shooing Star candle PA is one of the Three Powerful FOREX Price Patterns. Learn just a few basic price action and apply them with Post#647, no need to guess what are big and small candle, be specific with what is small and what is big candle. Three Powerful FOREX Price Patterns {...

Ignored

Quoting LifesAbeach

Disliked

{quote} Hi, my understanding is that a Shooting Star is a reversal pattern formed after an uptrend. Once again, I haven't looked at the bigger picture yet but looking at what you posted, price is in a range. Also, on a side note again... Could you please give me the link to where I can find the formulae used to calculate the TDI. I'm assuming no one here is using it without knowing how it's calculated. {image}

Ignored

Quoting LifesAbeach

Disliked

{quote} Hi, my understanding is that a Shooting Star is a reversal pattern formed after an uptrend. Once again, I haven't looked at the bigger picture yet but looking at what you posted, price is in a range. Also, on a side note again... Could you please give me the link to where I can find the formulae used to calculate the TDI. I'm assuming no one here is using it without knowing how it's calculated. {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD Mat31 H1 London 11:00Am - another H1 candle another decision time {image} ...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD Jun01 Tokyo 9:36am - in 24 minutes when this active H1 candle closed, you will know if the TDI green line tweaks from it last bar - note the Daily has two small candle within the high-low of the big Daily candle ... you know the potential what can happen {image} ...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD Jun01 Daily view - some traders use the MT4 Linear Regression channel LRC tool to look at the market - I draw the LRC using the last high to the last Daily closed candle - what I see is there is a bearish channel bias at the moment, forming such a bias can sometimes be dangerous {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} EURNZD Jun01 Tokyo 9:36am - in 24 minutes when this active H1 candle closed, you will know if the TDI green line tweaks from it last bar - note the Daily has two small candle within the high-low of the big Daily candle ... you know the potential what can happen

Attached Image (click to enlarge)

{image} ...

Ignored