{quote}{image}
- #138,061
- Feb 17, 2023 9:04am Feb 17, 2023 9:04am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
- #138,062
- Feb 17, 2023 10:16am Feb 17, 2023 10:16am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
buy XAU/USD
- #138,064
- Feb 17, 2023 10:36am Feb 17, 2023 10:36am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
buy XAU/USD
- #138,065
- Feb 17, 2023 10:38am Feb 17, 2023 10:38am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote}But it was a good week. Price movement was text-book and with a lot of nice TMS setups. Anyway the money is mine and the set up are on the charts. So...
{image}
- #138,066
- Feb 17, 2023 10:38am Feb 17, 2023 10:38am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
acheter XAU/USD {image}
- #138,067
- Feb 17, 2023 10:45am Feb 17, 2023 10:45am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} That chart would drive me insane. Super busy, but hey, if it works for you...
Busy charts and complicated charts will only make trading even more difficult. Keep it simple and focus on precise execution and management.
Trade well.
#647
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:
How close am I to the previous high or lo
Trend
Look at the candles on the last reversal... big, little, what
- #138,068
- Feb 17, 2023 10:50am Feb 17, 2023 10:50am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote}{image}
- #138,069
- Feb 17, 2023 10:54am Feb 17, 2023 10:54am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
{quote}{image}
- #138,070
- Feb 17, 2023 11:04am Feb 17, 2023 11:04am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
{quote}{image}
- #138,071
- Feb 17, 2023 11:09am Feb 17, 2023 11:09am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
{quote}{image}
- #138,072
- Feb 18, 2023 5:18am Feb 18, 2023 5:18am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
consolidation in progress XAU/USD {image}
based on your chart analysis, there is more "empty space" above 1830
I see more potential for a very good reward:risk buy trade into this "empty space" region.
IF there is sell to the lower region, the previous price action can be support and selling into support is going to be tough.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,073
- Feb 18, 2023 5:32am Feb 18, 2023 5:32am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote}{image}
your clean chart is what Big E used to trade his 5-Method. You have come a long way more than 10 years to reach what Big E would consider as intermediate+ level.
many traders in this thread still have a very long way to go and get pass the newbie phase relying on the lagging TDI for entry.
Your buy entry was okay as I see you waited for the MOMENTUM break of the consolidation area.
A confirmed entry would be after the 5bars swing low has been confirmed and the price close break above the candle#1 of the swing low.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,074
- Feb 18, 2023 5:37am Feb 18, 2023 5:37am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} close buy {image}
with such a low risk trade entry ...
a 5R trade?
> 1828.34 is one key historical level where price tested this week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,075
- Feb 18, 2023 5:43am Feb 18, 2023 5:43am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} That chart would drive me insane. Super busy, but hey, if it works for you...
No two traders are alike. Its really up to the trader.
I know the OP of this thread had 19 different chart templates and he did check many templates and to filter the best setups.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,076
- Feb 18, 2023 5:59am Feb 18, 2023 5:59am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} GN Feb17 New York Open - still nice going... > another possible low risk trade entry, >1.9300ish {image}
GBPNZD Feb17 trades closed ... EOW
- price did not make it to the BRN 1.9300
> manual close the last basket after London market session closed, no holding open positions over the weekend under current market conditions
> next week, continue with this pair.
>>> overall a good week trading this pair ,
- this terrible looking Trade Explorer chart of closed trades list.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,078
- Feb 19, 2023 6:41pm Feb 19, 2023 6:41pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,079
- Feb 19, 2023 6:47pm Feb 19, 2023 6:47pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} hi @Adhavan DBHLC and DBLHC are not very common these days. The more common price action bar/candlestick are the Engulfing Bar which shows MOMENTUM after a confirmed True REVERSAL in TMS' 5-Method. There are also the aggressive type setups which are two bars setups without the 5bars swing low confirmation. Anyway, no two price action traders are the same. Entries and Exits are quite different and depends on the traders' trading style and risk management. Most traders here depends on the Stoch and RSI oscillators signals for entry. Without...
and CONSOLIDATION Master Candles ...
lots of price action trades with BEEB and BUEB
you can easily pick then with TMS' APB/HA candles and 5EMA Typical Price, Shift+2.
.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,080
- Feb 19, 2023 6:54pm Feb 19, 2023 6:54pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
This week' news...
you know which pair to pick
you know which pair to pick
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett