Attachments: Trading Made Simple

Trading Made Simple

#138,081
Feb 19, 2023 7:04pm Feb 19, 2023 7:04pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} 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 , {image} - this terrible looking Trade Explorer chart of closed trades list. {image}

Ignored

GBPNZD Week 08 Feb 20 to 24

last week price did not make it to 1.9300

this week we shall see what happens and take every trade opportunity that come our way

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Name: GN Feb20 H4 pipware 20-2-2023 9-02-33 am.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,082
Feb 19, 2023 7:10pm Feb 19, 2023 7:10pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} TMS EVO_2023 PREVIEW trades closed Feb 06 to Feb 10 - closing some trades when New York open - another positive week hitting my weekly average. - USDJPY best performer this week {image} last week's trade report Jan 30 to Feb 03 #137,822 > https://www.forexfactory.com/thread/...9#post14315159 ...

Ignored

TMS EVO_2023 PREVIEW trades closed Feb 13 to Feb 17

- a good week with EURAUD

- trading the Weekly sideways market type condition

> this week 08 Feb 20 to 24 will continue with buy baskets

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Name: TMS EVO_2023 Review Week07 closed 18-2-2023 9-23-59 am.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,083
Feb 19, 2023 10:39pm Feb 19, 2023 10:39pm

Adhavan
| Joined Apr 2014 | Status: Trader | 147 Posts

Quoting emmanuel7788

Disliked

{quote} TMS EVO_2023 PREVIEW trades closed Feb 13 to Feb 17 - a good week with EURAUD - trading the Weekly sideways market type condition > this week 08 Feb 20 to 24 will continue with buy baskets {image} ...

Ignored

Great result, congrats

#138,084
Feb 19, 2023 10:41pm Feb 19, 2023 10:41pm

Adhavan
| Joined Apr 2014 | Status: Trader | 147 Posts

Gold printed a nice PB in the support level.

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Name: XAUUSD_2023-02-20_10-04-38.png
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#138,085
Feb 19, 2023 11:51pm Feb 19, 2023 11:51pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting Adhavan

Disliked

Gold printed a nice PB in the support level. {image}

Ignored

Yes. I see that too and have my target 1855ish for a short term buy trade with that Friday' Daily PinBar.
The Weekly is a down move with pullback on Friday PB.

Will look at the possible swing high reversal in the lower timeframe later in the week.

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Name: XAUUSD Feb20 Daily pin bar 20-2-2023 1-45-44 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,086
Feb 20, 2023 2:33am Feb 20, 2023 2:33am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} GBPNZD Week 08 Feb 20 to 24 last week price did not make it to 1.9300 this week we shall see what happens and take every trade opportunity that come our way {image} ...

Ignored

GN Feb20 M5 London Open hour

- some Price Action traders will see the setup

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Name: GN feb20 m5 m30 entry 20-2-2023 4-30-41 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,087
Feb 20, 2023 7:06am Feb 20, 2023 7:06am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} GN Feb20 M5 London Open hour - some Price Action traders will see the setup {image} ...

Ignored

GN Feb20 New York 8:00am

- very difficult to take any 4H trade now with US holiday

- come back tomorrow

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Name: GN Feb20 H4 pipware NYOpen 20-2-2023 9-03-13 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,088
Feb 20, 2023 9:31am Feb 20, 2023 9:31am

trumpaline
| Joined Jul 2022 | Status: Trader | 15 Posts

how do i accurately know where i am entering since HA candles are not actually plotted at candle close and open?

im trying to backtest this but find it very difficult to accurately test without know where the close and opens are

#138,089
Feb 20, 2023 9:48am Feb 20, 2023 9:48am

DrDave
| Membership Revoked | Joined Jun 2011 | 9,885 Posts

Quoting trumpaline

Disliked

how do i accurately know where i am entering since HA candles are not actually plotted at candle close and open? im trying to backtest this but find it very difficult to accurately test without know where the close and opens are

Ignored

To free Gazans of Hamas, use whatever it takes.

#138,090
Feb 20, 2023 9:53am Feb 20, 2023 9:53am

trumpaline
| Joined Jul 2022 | Status: Trader | 15 Posts

Quoting DrDave

Disliked

{quote}

Ignored

whats so funny?

#138,091
Edited 6:17pm Feb 20, 2023 6:03pm | Edited 6:17pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting trumpaline

Disliked

how do i accurately know where i am entering since HA candles are not actually plotted at candle close and open? im trying to backtest this but find it very difficult to accurately test without know where the close and opens are

Ignored

You have all the information of the market prices - its OHLC and the HA candle Open and Close on the same chart.

According to the OP Big E' posts, he simply enter when the new candle opens i.e. the market open price..

UJ Feb21 Weekly chart below:

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Name: UJ Feb21 Weekly 21-2-2023 8-15-53 am.png
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and H4 with Weekly HA candle

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Name: UJ Feb21 HA ADvanced 21-2-2023 8-14-49 am.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,092
Feb 20, 2023 6:32pm Feb 20, 2023 6:32pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} GN Feb20 New York 8:00am - very difficult to take any 4H trade now with US holiday - come back tomorrow {image} ...

Ignored

GN Feb21 Tokyo 9:30am

- Monthly has its 10EMA

- Weekly has its 50EMA

- Daily 10ema cross 50ema

> all timeframes have their BRN 1.9300 in common

> Weekly has a WCC range in play

> Picking the next big move is a challenge

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Name: GBPNZD Feb21 H4 pipware 21-2-2023 8-28-06 am.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,093
Feb 20, 2023 7:02pm Feb 20, 2023 7:02pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} GN Feb21 Tokyo 9:30am - Monthly has its 10EMA - Weekly has its 50EMA - Daily 10ema cross 50ema > all timeframes have their BRN 1.9300 in common > Weekly has a WCC range in play > Picking the next big move is a challenge {image} ...

Ignored

GN Feb21 H1 Day-trading

- yesterday was a low range day for this pair

- be prepared for a volatile day today and tomorrow with GBP and NZD news/data release

- set my ADR to 107pips ... yesterday high-low range

- try catch the day' swing low and swing high whichever occurs first

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Name: GN Feb21 H1 ADR107pips 21-2-2023 8-57-23 am.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,094
Feb 20, 2023 8:03pm Feb 20, 2023 8:03pm

Adhavan
| Joined Apr 2014 | Status: Trader | 147 Posts

Market printed a good buying opportunity in Day chart by forming PB+IB combo in NZDUSD. Keep the TP short due to weekly sell pressure.

appreciate your comments

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Name: NZDUSD_2023-02-21_07-28-12.png
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TIA
Adhav

#138,095
Feb 20, 2023 11:45pm Feb 20, 2023 11:45pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting trumpaline

Disliked

how do i accurately know where i am entering since HA candles are not actually plotted at candle close and open? im trying to backtest this but find it very difficult to accurately test without know where the close and opens are

Ignored

Here is another answer to your question:

The OP Post#1.
In about 20 minutes this broker will print a new H4 candle at Pacific 10PM.

IF you have a trade plan to trade the 4hr, then this is a good time to take a possible buy entry on the condition this current H4 closed a Bullish Engulfing Bar .
There are risks we see on this chart and also the other risk during the next 4 hours. You are the trader and its your job to manage the risks of every trade setup.

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Name: GN Feb21 H4 20mins to PDT 10pm 21-2-2023 1-40-21 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,096
Feb 21, 2023 12:02am Feb 21, 2023 12:02am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} Here is another answer to your question: The OP Post#1. In about 20 minutes this broker will print a new H4 candle at Pacific 10PM. IF you have a trade plan to trade the 4hr, then this is a good time to take a possible buy entry on the condition this current H4 closed a Bullish Engulfing Bar . There are risks we see on this chart and also the other risk during the next 4 hours. You are the trader and its your job to manage the risks of every trade setup. {image} ... ...

Ignored

GN Feb21 H4 Pacific 10PM 4hr

- Price Action BUEOB

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Name: GN Feb21 H4 BUEOB PDT 10PM 21-2-2023 2-00-53 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,097
Feb 21, 2023 12:25am Feb 21, 2023 12:25am

Adhavan
| Joined Apr 2014 | Status: Trader | 147 Posts

Quoting emmanuel7788

Disliked

{quote} GN Feb21 H4 Pacific 10PM 4hr - Price Action BUEOB {image} ...

Ignored

I am also interested on the pair, but awaiting a PA bit lower as marked in the chart. Would like to know that, did have ay other confluence to trade the Bar other than BUEOB

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Name: GBPNZD_2023-02-21_11-53-27.png
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Thanks,
Adhav

#138,098
Feb 21, 2023 12:58am Feb 21, 2023 12:58am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting Adhavan

Disliked

{quote} I am also interested on the pair, but awaiting a PA bit lower as marked in the chart. Would like to know that, did have ay other confluence to trade the Bar other than BUEOB {image} Thanks, Adhav

Ignored

GN Feb21 review

As this is a day trade, I was waiting on H1 chart.
There is a earlier H1 setup but because of the recent swing high and the previous Day open [1] , I avoid taking that H1 buy and waited for the H4 at Pacific 10PM candle. The 4hr H1 Pacific 10Pm candle was good as it closed above the swing high and previous Day open.

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Name: GN Feb21 H1 review 21-2-2023 2-50-34 pm.png
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Your trendline could connect the significant candles Close (its Line chart).

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Name: GN trendline connect 21-2-2023 2-41-34 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#138,099
Feb 21, 2023 2:07am Feb 21, 2023 2:07am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,214 Posts

Quoting emmanuel7788

Disliked

{quote} GN Feb21 H1 Day-trading - yesterday was a low range day for this pair - be prepared for a volatile day today and tomorrow with GBP and NZD news/data release - set my ADR to 107pips ... yesterday high-low range - try catch the day' swing low and swing high whichever occurs first {image} ...

Ignored