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Trading Made Simple

  • #141,641
  • Aug 14, 2023 10:27am Aug 14, 2023 10:27am
Quoting tommydoginti
{quote} Good trade Kirinda. I bought GU. Hope you have booked profit. trade well {image} {image}


You bought GU and New York open took out all the buyers

Post#647 analysis market is sideways narrow range. Follow Weekly and Daily works better

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,642
  • Aug 14, 2023 10:34am Aug 14, 2023 10:34am
Quoting tommydoginti
{quote} Good trade Kirinda. I bought GU. Hope you have booked profit. trade well {image} {image}


Looks like a BRN nose dive !

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,643
  • Aug 14, 2023 10:53am Aug 14, 2023 10:53am
Quoting emmanuel7788
{quote} Keep It Simple: #281 GBPJPY Aug 14 H4 BUOB alert - buy if you have a trade plan > always trade with stop loss {image}

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GJ Aug 14 H4

> BUOB setup is good

> TDI is iffy

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,644
  • Aug 14, 2023 10:54am Aug 14, 2023 10:54am
Quoting kirinda
{quote} I set it to break even because I had to go shopping with my kids . If I was home and manage the trade with BigE exit method I would got some pips.
Yes. I also like to set TPSL after trade open because I want to spend time doing things other than charting.

trade well

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  • #141,645
  • Aug 14, 2023 11:00am Aug 14, 2023 11:00am
Quoting tommydoginti
{quote} Yes. I also like to set TPSL after trade open because I want to spend time doing things other than charting. trade well {image}
GU Aug 14 M30

> take a look at the recent Daily candles , is Daily trending or sideways?


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,646
  • Aug 14, 2023 11:12am Aug 14, 2023 11:12am
Quoting tommydoginti
{quote} Here is the problem of Selling into resistance. Not following the Price action will only lead to trades in drawdown and losing trades. {image} Use BigE's TMS Price Action. Very simple analysis. Use the indicator that gives signals at the right timing. not too early or too late. {image} 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 Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles...
The 3 amigos of TMS all showed rejection at support (Previous Low) and rejection.

Look for Buy as price rejected from support, or Sell from the next high formation.

traders who cannot even follow the simple price action of #647 will lose. Still it is valuable materials for others to learn what not to do.

trade well

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  • #141,647
  • Aug 14, 2023 11:13am Aug 14, 2023 11:13am
Quoting tommydoginti
{quote} Yes. I also like to set TPSL after trade open because I want to spend time doing things other than charting. trade well {image}
GU reject at support.

Buy at TDI green cross red up.
or wait for next high to form and sell at TDI cross down

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  • #141,648
  • Aug 14, 2023 11:20am Aug 14, 2023 11:20am
Quoting tommydoginti
{quote} The 3 amigos of TMS all showed rejection at support (Previous Low) and rejection. Look for Buy as price rejected from support, or Sell from the next high formation. traders who cannot even follow the simple price action of #647 will lose. Still it is valuable materials for others to learn what not to do. trade well {image} {image} {image}



@tommydog

You are perfect when you do hindsight chart analysis after the fact.

The three amigos are trading in different market conditions ... according to the market events of the day and week.

You are guessing what you see on your small mobile screen. You need to use a bigger screen and zoom out more in multi timeframes to get a better picture of the market.

I hit that nerve of yours today .


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,649
  • Aug 14, 2023 11:29am Aug 14, 2023 11:29am
Quoting tommydoginti
{quote} The 3 amigos of TMS all showed rejection at support (Previous Low) and rejection. Look for Buy as price rejected from support, or Sell from the next high formation. traders who cannot even follow the simple price action of #647 will lose. Still it is valuable materials for others to learn what not to do. trade well {image} {image} {image}

@tommydog

Look at these USD pairs ... Daily

I trade follow Daily and Weekly. You look at your smaller timeframes and you see different swing highs and swing lows of all the intraday moves. I am not interested in those swings highs and lows in your M30 charts.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,650
  • Aug 14, 2023 11:31am Aug 14, 2023 11:31am
If we get a crossing down I will probably sell:
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  • #141,651
  • Aug 14, 2023 11:42am Aug 14, 2023 11:42am
Quoting kirinda
If we get a crossing down I will probably sell: {image}
I dont see any major news to move this from now till NY close 5pm.

There is Asian low, there is today' Day open and there is RN 1.09500

I'll wait for tomorrow Day Open .

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,652
  • Aug 14, 2023 11:47am Aug 14, 2023 11:47am
Quoting tommydoginti
{quote} GU reject at support. Buy at TDI green cross red up. or wait for next high to form and sell at TDI cross down {image}
TMS selling opportunity. Expect price to reach previous lows.

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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

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...

Look at the candles on the last reversal... big, little, what
  • #141,653
  • Aug 14, 2023 11:56am Aug 14, 2023 11:56am
Quoting tommydoginti
{quote} TMS selling opportunity. Expect price to reach previous lows. {image} 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 Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last reversal... big, little, what

I am not going to waste my time and money trading at this hour after London markets are closed.

Come back tomorrow

Done for today 31.3% of my daily target #557 and #7555 is good for a Monday without major events.

Big E #281

Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,654
  • Aug 14, 2023 2:04pm Aug 14, 2023 2:04pm
Post 141,648 > You are perfect when you do hindsight chart analysis after the fact.

which reminded me of :
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  • #141,655
  • Aug 14, 2023 5:04pm Aug 14, 2023 5:04pm
Quoting Numb3rs
This should be the set you guys need. Hope I got it right. {file} {file} {file} {file}
Hi everyone! I am new to the thread and also to forex. I feel really blessed to be here.
When I try to open the TDI and Stochastics indicators document, it gives me an error and says the application is not installed on my mac. can someone help me resolve the issue? what should I install on my mac?
  • #141,656
  • Aug 14, 2023 7:20pm Aug 14, 2023 7:20pm
Quoting MaiwandZahin
{quote} Hi everyone! I am new to the thread and also to forex. I feel really blessed to be here. When I try to open the TDI and Stochastics indicators document, it gives me an error and says the application is not installed on my mac. can someone help me resolve the issue? what should I install on my mac?
hi @Maiwand

You need to download the application MT4 trading platform from your broker' website.
If you have problem installing the MT4 trading platform you can contact your broker technical support.

Good luck!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,657
  • Aug 14, 2023 7:26pm Aug 14, 2023 7:26pm
Quoting Tekkies
Post 141,648 > You are perfect when you do hindsight chart analysis after the fact. which reminded me of : {image}

hey @Tekkies

Reading chart candles price action is something you do not have the skills.

You need to start all over again and go back to babypips.com and learn the candlesticks stuff.

The OP Big said many times, study old charts etc. etc. etc.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,658
  • Aug 14, 2023 7:28pm Aug 14, 2023 7:28pm
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Daily charts Aug 15

USD pairs Tokyo 9am

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,659
  • Aug 14, 2023 7:30pm Aug 14, 2023 7:30pm
Its going to be another good trading day ...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,660
  • Aug 14, 2023 7:41pm Aug 14, 2023 7:41pm
Quoting emmanuel7788
{quote} I dont see any major news to move this from now till NY close 5pm. There is Asian low, there is today' Day open and there is RN 1.09500 I'll wait for tomorrow Day Open . {image} ...
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And EU 'tested' Asian Low master candle consolidation ...

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