Is okay to sell ?
AUDNZD | H1
AUDNZD | H1
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- #141,002
- Jun 27, 2023 11:16am Jun 27, 2023 11:16am
- | Joined May 2014 | Status: Learn until you master ! | 105 Posts
{quote} good GN trade... conservative approach and very safe {image} are your ready for more advanced stuff ?
- #141,003
- Jun 27, 2023 11:17am Jun 27, 2023 11:17am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #141,004
- Edited 11:55am Jun 27, 2023 11:45am | Edited 11:55am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Is okay to sell ? AUDNZD | H1 {image}
Your chart have all the information which I need to make my decision .
Anyway congratulations you made the milestone #141,001
The OP Big E loves the traffic ... {here}
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,005
- Jun 27, 2023 11:54am Jun 27, 2023 11:54am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Where is stoch to confirm TDI crossover? Post#1....I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else. Post#121.... The TDI and Stochs are giving opposite signals... Post#647... Does Stoch's confirm the TDI signal
@Tekkies
thanks for another laugh today... you are funny guy.
The Stoch is based on the OHLC of price as we see on the chart.
The Stoch is an oscillator which is based on the price.
Hence the Stoch does not and cannot confirm the TDI crossover.
The TDI on its own is also based on the OHLC of the price on the chart.
The TDI is a lagging indicator ... so is the Stoch.
Do Not selective read, cut-and-paste and regurgitate the OP's posts... this changes the meaning of Trading Made Simple.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,006
- Jun 27, 2023 11:58am Jun 27, 2023 11:58am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Yes! im escaling slowly especially on price action patterns and reading the charts...
I'll help you get there ...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,007
- Jun 27, 2023 12:05pm Jun 27, 2023 12:05pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Hi @navidh1991 1. Market looks like choppy not clear and previous swing low is very close it seems. Before entering in trade look higher time whether they are align or not.
good observations ...choppy conditions and swing highs/swing lowsalways important to know the higher time frames ... #647
because we want to know the potential to 'let profit run' and get those +5R to +9R trade profits.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,008
- Jun 27, 2023 12:12pm Jun 27, 2023 12:12pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} there are other pairs which shows the Pacific 10PM Frankfurt 7am 4hr candle as the continuation setups example EJ Jun 27 4hr {image} ...
Nice !
- 1,2,3,4, .... and counting
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,009
- Jun 27, 2023 12:17pm Jun 27, 2023 12:17pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
How about this USDJPY H1 / {image}
I see a Sunday candle breakout to the UP side ...
bonus for this week' 4H swing traders.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,010
- Jun 27, 2023 12:24pm Jun 27, 2023 12:24pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
@emmanuel7788 Can you please share you template you are using {image}
I have many different templates ... many more than Big E' 19 templates.
Your UJ chart template looks exactly like the original one I have when I started here.
what other indicators do you see on my charts which you would like to have?
I do have many helping indicators to help me make my trading decisions.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,011
- Jun 27, 2023 6:58pm Jun 27, 2023 6:58pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} This candle must be closed to confirm the cross TDI. {image}
@Navidh1991
In a continuation of the established swing/trend on the Daily and Weekly, we do not have to wait for the TDI cross signal. On my H4 chart, I have the volatility based support below the PA setup and that is the %risk 'R' for Position Sizing.
Price Action setup is good enough for a trade entry decision. It is the Exit strategy that will determine how much money you will make.
TMS-II has multiple exits strategy and also Capital Protection exit.
EA Jun27 TMS-II trade update:
- quick exits TP1 +10pips and TP2 +25pips
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,012
- Jun 27, 2023 7:32pm Jun 27, 2023 7:32pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,014
- Jun 27, 2023 8:16pm Jun 27, 2023 8:16pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} AU Jun27 Tokyo 08:00am - still waiting for my +2R trade single-shot trade - in the meantime I have to manage my TMS_EVO trades and day trade with TMS-II {image} ...
AU Jun28 H4 Tokyo 1015am TMS-II
> Plan B
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,015
- Jun 27, 2023 8:17pm Jun 27, 2023 8:17pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
AJ Jun28 Tokyo 1015am TMS-II
- also Plan B
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- also Plan B
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,016
- Jun 27, 2023 8:21pm Jun 27, 2023 8:21pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
AUDCAD H4 Long Setup {image}
AC Jun28 H4
- the swing high
> the Full -TDI sends you a warning
> keep following this pair on H4 and take notes of the Price' OHLC , its Price Action and the Stoch study,
> then take note of the Full TDI ... its green line, red line, yellow line and the blue upper band and lower band...
> you will learn plenty more what the OP knew back in 2006 till 2008.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,018
- Jun 28, 2023 2:07am Jun 28, 2023 2:07am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GU Jun28 H4 Frankfurt Open
- H1 PA 'iffy' case ...
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- H1 PA 'iffy' case ...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,020
- Jun 28, 2023 6:51am Jun 28, 2023 6:51am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GU Jun28 H4 Frankfurt Open - H1 PA 'iffy' case ... {image} ...
GU Jun28 H4 TMS-II trade update
- the H4 Price Action is the usual swing high and Inside Bar consolidation then the breakout HAbelow 5EMA
- the FO H1 candle provided the setup for sell entry in that 4hr trade window
- but selling into the previous consolidation zone is risky therefore be ready for quick exit in case the LO reverses the setup
- anyway this TMS-II trade turned out well with 3 exits
- TP1 +10pips, TP2 +25pips and now exit3 TP3 +50pips
- now let the market decide if I get the TP4 exit +116pips +2R
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett