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  • #139,701
  • May 1, 2023 8:04pm May 1, 2023 8:04pm
AU May02 H4 Tokyo 10am

- a new 4hr candle

Attached Image (click to enlarge)
Click to Enlarge Name: AU May02 H4 TOK 10am 2-5-2023 9-02-51 am.png Size: 31 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,702
  • May 1, 2023 8:20pm May 1, 2023 8:20pm
Quoting emmanuel7788
{quote} hi @Kenneth The week of April 24 to 28, we have to look back to the trade planning on Sunday April 23 i.e after New York closed on Friday April 21. The Weekly was Sideways Ranging market type.... for previous 3 weeks. In the week of April 24, the previous days were ranging 'choppy' till April 25. {image} On my m15 chart, I can see my H4 candles, there was no H4 setup to trade when the Pacific 4hr 10PM candle open. It is obvious knowing the choppy Daily. If you want to trade the M15, then I would check is there is any H1 setups. {image} In...
Thank you very much!!
  • #139,703
  • May 1, 2023 10:57pm May 1, 2023 10:57pm
Quoting emmanuel7788
AU May02 H4 Tokyo 10am - a new 4hr candle {image} ...
hi emmanuelyesterday i installed cavemanager also used your setup and test it . you exit 0.6 at 10 0.2 at 25 and 0.2 with trail 15m candles, and capital protect at 10 pips. sl isin 100 pips i cannot find any thing to exit trade sooner . sure we can exit mannually but how should be the win rate to handle 0.6 exit at 10 ? when i use h4 for sl in many pairs sl is more than 50 pips
  • #139,704
  • May 1, 2023 11:44pm May 1, 2023 11:44pm
[quote=emmanuel7788;14411991]{quote} salut @thomi Nous cherchions à échanger une éventuelle correction cette semaine après la récente tendance à la hausse. Au cours de la session de planification habituelle du week-end à Londres, mes copains et moi avons discuté de toutes les paires lorsque nous avons fait la planification d'ensemble. Parmi les croisements de 4 GBP, je n'ai pu choisir que la paire avec la meilleure configuration pour un véritable REVERSAL à la bougie du Pacifique à 22 heures. Pour être honnête, je n'ai aucune idée de combien cela va baisser ou augmenter. Je choisis simplement la fenêtre de négociation de 4 heures et la bougie qui a une petite perte maximale et laisse le marché décider s'il est de moins 1R ou de plus 2R minimum. {image} La grande question n'était pas le "être ou ne pas être" de Shakepeare, mais si un modèle d'action des prix "2B ou pas 2B". {image} Cette consolidation du H4 Inside Bar à 19000 était une très bonne configuration et nous avons donc attendu le bon moment ... la bougie de 4h 22h. L'entrée M15 était une idée de trading à faible risque avec un stop loss initial de 20 pips. {image} ...[/citation]

ok emmanuel i thought you were just trading in the trend.
I would have been more attracted by the speed of the breakout to attempt a short which would have given an entry like yours around.
thank you for the answer
  • #139,705
  • May 2, 2023 12:49am May 2, 2023 12:49am
take short Eur/Cad
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  • #139,706
  • May 2, 2023 1:35am May 2, 2023 1:35am
Quoting emmanuel7788
AU May02 H4 Tokyo 10am - a new 4hr candle {image} ...
Hey Vincent.
Nice looking results in Post 139,675.
There is however a slight problem. > No dates, no confirmation that those charts are yours.
-----
Now let readers see if you are really live up to "Honesty is a very expensive gift. You wont find it in cheap people. WBuffett"

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Make "I traded 17 pairs and closed 366 trades the whole month April 01 to 28." visible with a Trade Explore.
Walk the talk Vincent, walk the talk.
  • #139,707
  • May 2, 2023 2:33am May 2, 2023 2:33am
Quoting thomi
take short Eur/Cad {image}
stop hit
  • #139,708
  • May 2, 2023 7:19am May 2, 2023 7:19am
trying to understand the market, it better than just follow bigE, yall just waste time here
  • #139,709
  • May 2, 2023 8:04am May 2, 2023 8:04am
Quoting Tekkies
{quote} Hey Vincent. Nice looking results in Post 139,675 . There is however a slight problem. > No dates, no confirmation that those charts are yours. ----- Now let readers see if you are really live up to "Honesty is a very expensive gift. You wont find it in cheap people. WBuffett" {image} Make "I traded 17 pairs and closed 366 trades the whole month April 01 to 28." visible with a Trade Explore. Walk the talk Vincent, walk the talk.
I know what that thicko @Tekkies is thinking...

but I am "Waiting for action ...'

Attached Image (click to enlarge)
Click to Enlarge Name: XAU May02 NYO 9am 2-5-2023 9-01-42 pm.png Size: 20 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,710
  • May 2, 2023 8:13am May 2, 2023 8:13am
GU May02 H1 New York 9am

-


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,711
  • May 2, 2023 6:34pm May 2, 2023 6:34pm
Quoting emmanuel7788
{quote} I know what that thicko @Tekkies is thinking... but I am "Waiting for action ...' {image}
Attached Image (click to enlarge)
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...

the Waiting was all worth it .... WCC high

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,712
  • May 2, 2023 6:46pm May 2, 2023 6:46pm
Quoting havenoidea
trying to understand the market, it better than just follow bigE, yall just waste time here


According to thicko @Tekkies:
Quoting Tekkies
{quote} ... BigE have left a void behind that members need to full on their own. Emmanuel filled that void and did it very good.
and that thicko name @Tekkies:

Quoting Tekkies
{quote} Somewhere along the way he lost track that he is dealing here mostly with members that do not know how to trade at all. Members that have learned from BigE and emmanuel have moved on and left this forum. Most probable successful traders in own right. Those old members are replace by new members that do not know how to trade. Every couple of days / weeks the cycle repeat it self. So after many years the level of traders in this thread is still at the level of a new member....
...

True or False?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,713
  • May 2, 2023 6:56pm May 2, 2023 6:56pm
Quoting thomi
Quoting emmanuel7788
{quote} salut @thomi Nous cherchions à échanger une éventuelle correction cette semaine après la récente tendance à la hausse. Au cours de la session de planification habituelle du week-end à Londres, mes copains et moi avons discuté de toutes les paires lorsque nous avons fait la planification d'ensemble. Parmi les croisements de 4 GBP, je n'ai pu choisir que la paire avec la meilleure configuration pour un véritable REVERSAL à la bougie du Pacifique à 22 heures. Pour être honnête, je n'ai aucune idée de combien cela
...
When a trend ends, the market tends to go into corrections before the next new trend.
We can trade the correction phases provided they are not narrow ranged where TMS will fail.
That question was whether the correction was a 2B type correction.
In his book TRADER VIC Victor Sperandeo explained in chapter 7 the 2B market conditions. How to determine the trend and how to identify potential change in the trend.

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.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,714
  • May 2, 2023 7:06pm May 2, 2023 7:06pm
Quoting emmanuel7788
{quote} GA May01 M15 update - with 10 minutes to the H4 close - will there be a H4 'strong REVERSAL' and continuation? {image} ...
Attached Image (click to enlarge)
Click to Enlarge Name: GA May01 M5 update 10mins to 2AM PDT 1-5-2023 4-48-44 pm.png Size: 32 KB


{image}
There was the strong REVERSAL according Big E' 5-Method following the Natural Flow of the Market principle.
The H4 swing HIGH was completed and then there was a slight pause ...then the move lower.

Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,715
  • May 2, 2023 7:15pm May 2, 2023 7:15pm
Quoting thomi
take short Eur/Cad {image}
the Weekly went deep for 3 days

today May03 we are back to the Weekly and Daily Price Action

the higher probability is to follow the higher highs, then the pullback and take a buy setup.


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,716
  • May 2, 2023 7:23pm May 2, 2023 7:23pm
Quoting korosh1350
{quote} hi emmanuelyesterday i installed cavemanager also used your setup and test it . you exit 0.6 at 10 0.2 at 25 and 0.2 with trail 15m candles, and capital protect at 10 pips. sl isin 100 pips i cannot find any thing to exit trade sooner . sure we can exit mannually but how should be the win rate to handle 0.6 exit at 10 ? when i use h4 for sl in many pairs sl is more than 50 pips
please note that the TMS-II exits TP1, TP2, TP3 and TP4 are not always the same 10pips, 25pips, 50pips, etc,.
You need to know the volatility of the currency pair at different time of the day and the timeframe.
Use the H4 ATR.

Remember I run my THV CM on M15 because of the CSTSL to trail once there is a M15 breakout candle. You can run on H1 or H4 and learn from the experience.

If you want to exit manually, simply click the close on the MT4 Terminal. You can also remove the EA and manage manually.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,717
  • May 2, 2023 7:47pm May 2, 2023 7:47pm
Trading AU today May03

- it must be very clear what you are looking for right now and the next 4-hours candles at Pacific 10PM and 2AM.

- if you are not sure what you are looking for, then you are not likely to make any money

Attached Image (click to enlarge)
Click to Enlarge Name: AU May03 Tokyo 4hr 3-5-2023 8-43-09 am.png Size: 25 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,718
  • May 2, 2023 7:50pm May 2, 2023 7:50pm
UJ May03 H4 FOMC

- buy or sell?

- before and after...
Attached Image (click to enlarge)
Click to Enlarge Name: UJ May03 pre-FOMC 3-5-2023 8-48-56 am.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,719
  • May 2, 2023 10:39pm May 2, 2023 10:39pm
Quoting emmanuel7788
{quote} please note that the TMS-II exits TP1, TP2, TP3 and TP4 are not always the same 10pips, 25pips, 50pips, etc,. You need to know the volatility of the currency pair at different time of the day and the timeframe. Use the H4 ATR. Remember I run my THV CM on M15 because of the CSTSL to trail once there is a M15 breakout candle. You can run on H1 or H4 and learn from the experience. If you want to exit manually, simply click the close on the MT4 Terminal. You can also remove the EA and manage manually.
hi emmanuel

yes its right you trade in m15 break out and i trade in h4 with h4 candles i change it to what i think is right but your proposition is better to use atr
  • #139,720
  • May 3, 2023 12:34am May 3, 2023 12:34am
Quoting korosh1350
{quote} hi emmanuel yes its right you trade in m15 break out and i trade in h4 with h4 candles i change it to what i think is right but your proposition is better to use atr
@korosh1350

that is also not 100% correct to say I trade in m15 breakout.
I run CM on M15 chart so that CM manages the candlestick trailing stop using the M15 candle high-low.
If I run CM on H4, then the trailing stop would be very different.
Look at the UJ sell today which I posted just above.
https://www.forexfactory.com/thread/...4#post14413504

Today' UJ trade

  1. Daily setup,
  2. H4 timing the entry ,
  3. H1 CM manage with candlestick trailing stop

> TMS-II CM take profit exits
> TP1 +5pips
> TP2 +15pips

> note the initial SL remains at -50pips

Attached Image (click to enlarge)
Click to Enlarge Name: UJ May03 TMS-II H1 3-5-2023 9-39-42 am.png Size: 34 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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