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Trading Made Simple

  • #135,921
  • Nov 11, 2022 3:34am Nov 11, 2022 3:34am
Quoting pips29
just taken {image}
taking 1/2 out and stop moved to -17, just a simple trade
EDit:stop at b/e now as price is +34
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pH1.png Size: 24 KB
the cautious seldom err....C
  • #135,922
  • Nov 11, 2022 3:34am Nov 11, 2022 3:34am
Quoting emmanuel7788
{quote} If you follow Post#1 and open buy at Pacific 10PM 4hr you are in the money now, now you wait for the Pacific 2AM 4hr candle to open and decide on your trade management. or you can simply wait for the Pacific 6AM and close all trades and trade the 2 to 3 hours of the New York open. {image} ...
Yup I was premature 10am UK candle no worries, timezones differences
  • #135,923
  • Nov 11, 2022 3:36am Nov 11, 2022 3:36am
pick one with Price Action and the RSI green price line with the best slope


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Nov11 GMT0934am 11-11-2022 5-34-12 pm.png Size: 19 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,924
  • Nov 11, 2022 3:37am Nov 11, 2022 3:37am
Quoting bandler
{quote} Yup I was premature 10am UK candle no worries, timezones differences
take a look at the daily if you are trading H4..is that tf telling you the same thing?
the cautious seldom err....C
  • #135,925
  • Nov 11, 2022 4:07am Nov 11, 2022 4:07am
Quoting pips29
{quote} taking 1/2 out and stop moved to -17, just a simple trade EDit:stop at b/e now as price is +34 {image}
I have manually closed the trade. I made more than enough to cover trading for next Tuesday as I will be out for the day
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pH1.png Size: 24 KB
the cautious seldom err....C
  • #135,926
  • Nov 11, 2022 4:14am Nov 11, 2022 4:14am
Quoting emmanuel7788
pick one with Price Action and the RSI green price line with the best slope {image}

TMS Monitor H1 London 10AM

> note this is also the Pacific 4hr trade window

- any reversal setups?

- any CONTINUATION setups?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor H1 London 10AM 11-11-2022 6-11-38 pm.png Size: 18 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,927
  • Nov 11, 2022 4:28am Nov 11, 2022 4:28am
I use fib 78.6 to target my long ,it's a fib I use to time the last retracement. If I had used pa I would have got out with more pips. As I am not able to monitor the trade while I'm sleeping I favoured a smaller target..this is one of the ways I choose my target depending on the circumstances,,please remember I'm not a guru but just a practising forex student
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY.pH1.png Size: 25 KB
the cautious seldom err....C
  • #135,928
  • Nov 11, 2022 4:42am Nov 11, 2022 4:42am
Taking a look at EU and GU you will notice both pairs are making HH and HL..If you are a trend trader you should be looking at longs unless you are one of those top and bottom pickers and end up with smelly fingers,,I might take a trade later on during NY/LON. session
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD.pDaily.png Size: 25 KB
Click to Enlarge Name: EURUSD.pDaily.png Size: 25 KB
the cautious seldom err....C
  • #135,929
  • Nov 11, 2022 4:59am Nov 11, 2022 4:59am
Post 135,829 for the complete Synergy Pro package
Post 135,831 TDI is not in the winning edge equation.
Post 135,840 the TDI is not in the winning edge equation.

Post 135,923RSI green price line with the best slope
Take note:
RSI green price line not TDI green price line,
slope and not angle(12/2 -4/6)

Cheers, have a nice weekend.
  • #135,930
  • Nov 11, 2022 5:08am Nov 11, 2022 5:08am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
  • #135,931
  • Nov 11, 2022 5:18am Nov 11, 2022 5:18am
Quoting Tekkies
Post 135,829 for the complete Synergy Pro package Post 135,831 TDI is not in the winning edge equation. Post 135,840 the TDI is not in the winning edge equation. Post 135,923RSI green price line with the best slope Take note: RSI green...

Again...



Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.


…
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,932
  • Nov 11, 2022 5:19am Nov 11, 2022 5:19am
Quoting emmanuel7788
{quote} TMS Monitor H1 London 10AM > note this is also the Pacific 4hr trade window - any reversal setups? - any CONTINUATION setups? {image} ...

Price Action is leading ...

London 11am

- RSI green price line tweek ...

- price action continuation with MOMENTUM


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Nov11 H1 London 11am 11-11-2022 7-15-41 pm.png Size: 19 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,933
  • Nov 11, 2022 5:21am Nov 11, 2022 5:21am
Quoting pips29
{quote} Hi! arddy24, I'm not a permanent resident here. I am just passing by. My advice is not to be too rigid with the rules mentioned. I reckon you know how price moves and what attracts price. I strongly recommend you have the mbl (yellow) line on with the tdi and practise how I use this indicator to my advantage. Emm. has posted an old post of mine quite recently regarding my advice to newbie how to use the tdi for a start. You can also mark the high/low on your chart as price will often revisit these areas. If you post your trading chart I'm...

Thanks for your kind words of advice! =D
  • #135,934
  • Nov 11, 2022 5:44am Nov 11, 2022 5:44am
Quoting Tekkies
Post 135,829 for the complete Synergy Pro package Post 135,831 TDI is not in the winning edge equation. Post 135,840 the TDI is not in the winning edge equation. Post 135,923RSI green price line with the best slope Take note: RSI green...

@Tekkies

Where's The EDGE?
see this >>> { link } you will find the answer

It's not in the TDI.

It definitely not in a lagging indicator like the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,935
  • Nov 11, 2022 8:26am Nov 11, 2022 8:26am
Quoting twfxtrader
{quote} haha you're right there are so many days where i cry myself to sleep i cried so much a couple of years ago i can't even cry after i lost 100k in a day now, i went through a lot of pain and now i can't feel much i was by myself all day no friends nothing... I even told a girl i love to leave me alone because i want to trade i am stupid i don't even need money and i still trade i am addicted even though i made a lot of money, i will not suggest anyone do it ever... Instead, just hold and let your money grow, long term invest

hello brother, i admire you and i want to learn how to operate like you, where can i follow you? And learn from you
  • #135,936
  • Nov 11, 2022 8:39am Nov 11, 2022 8:39am
I was out for the past few hours and after getting back about 30 minutes saw this trade and just taken short again
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pH1.png Size: 24 KB
the cautious seldom err....C
  • #135,937
  • Edited 9:05am Nov 11, 2022 8:48am | Edited 9:05am
taken 1/2 out and stop moved to b/e,,risk free
EDit: stop moved to +11
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pH1.png Size: 24 KB
the cautious seldom err....C
  • #135,938
  • Nov 11, 2022 9:15am Nov 11, 2022 9:15am
stopped out..I'm calling it a day but will leave my sell limit on the loonie alone for the next 2 hours or so. I will remove the order after that time
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.pH1.png Size: 23 KB
the cautious seldom err....C
  • #135,939
  • Nov 11, 2022 12:46pm Nov 11, 2022 12:46pm
Quoting emmanuel7788
pick one with Price Action and the RSI green price line with the best slope {image}
Thank you

Took the gbpchf hourly at 10am UK time

Going to buy my wheel barrow over the weekend
  • #135,940
  • Nov 11, 2022 1:01pm Nov 11, 2022 1:01pm
Quoting bandler
{quote} Thank you Took the gbpchf hourly at 10am UK time Going to buy my wheel barrow over the weekend
for a start this looks like a good size
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 14 KB
the cautious seldom err....C
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