Attachments: Trading Made Simple

Trading Made Simple

#143,861
Oct 25, 2023 3:33am Oct 25, 2023 3:33am

jettli
| Joined Oct 2022 | Status: Trader | 7 Posts

Quoting emmanuel7788

Disliked

{quote} Another quick start : You want the Big E pdf or these Best of Big E pdf ... simply click to download: Best of Big E - Part 1 Best of Big E - Part 2 But these pdfs are not complete with many missing pieces of the Big E' puzzle ... "the void" which I have filled .... #76,129 ...

Ignored

Hi Emmanuel, many thanks.

#143,862
Oct 25, 2023 5:05am Oct 25, 2023 5:05am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting emmanuel7788

Disliked

Today Oct 25 New York session BOC {image} USDCAD Oct 25 H4 - its going to be good - Price Action #647 - Master Candle consolidation, Triple Inside Bars + nr4IB @RN13750 {image} ...

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USDCAD Oct25 London 11am

- moving before the big news

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TMS Monitor H1 and H4

- Dynamic entry ???

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

#143,863
Oct 25, 2023 7:54pm Oct 25, 2023 7:54pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting emmanuel7788

Disliked

{quote} USDCAD Oct25 London 11am - moving before the big news {image} TMS Monitor H1 and H4 - Dynamic entry ??? {image} ...

Ignored

USDCAD Oct26 update Tokyo 9:00am

- BOC kept its rate unchanged as expected

- new high this week !

- Weekly and Daily are intact

- stay on the buyers side for now

- every consolidation we see is an opportunity

- so is every small pull-back is also opportunity

- always trade with stop loss risk 'R' and use %risk and Position Sizing

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Name: USDCAD Oct26 post-BOC 26-10-2023 8-45-36 am.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#143,864
Oct 25, 2023 8:17pm Oct 25, 2023 8:17pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting emmanuel7788

Disliked

{quote} USDCAD Oct26 update Tokyo 9:00am - BOC kept its rate unchanged as expected - new high this week ! - Weekly and Daily are intact - stay on the buyers side for now - every consolidation we see is an opportunity - so is every small pull-back is also opportunity - always trade with stop loss risk 'R' and use %risk and Position Sizing {image} {image} ...

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USDCAD Oct26 H1 Tokyo 10am

- with TMS_V19 setting for H1 and H4

- we get buy conditions ...

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

#143,865
Oct 25, 2023 11:55pm Oct 25, 2023 11:55pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting emmanuel7788

Disliked

{quote} USDCAD Oct26 H1 Tokyo 10am - with TMS_V19 setting for H1 and H4 - we get buy conditions ... {image} ...

Ignored

coming up soon ....

USDCAD Oct 26 H4 London 6am New York 1am ... the next 4Hr trade window

- as it is now ....

- we wait for this current active H4 to close and the TDI will update ...

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Name: USDCAD Oct26 H4 H1 update next 4hr candle 26-10-2023 12-46-32 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#143,866
Oct 26, 2023 2:03am Oct 26, 2023 2:03am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting emmanuel7788

Disliked

{quote} coming up soon .... USDCAD Oct 26 H4 London 6am New York 1am ... the next 4Hr trade window - as it is now .... - we wait for this current active H4 to close and the TDI will update ... {image} ...

Ignored

USDCAD Oct26 H1 London 8am

FO

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BUEOB

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

#143,867
Oct 26, 2023 3:36am Oct 26, 2023 3:36am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting emmanuel7788

Disliked

{quote} USDCAD Oct26 H1 London 8am FO {image} LO {image} BUEOB {image} ...

Ignored

Price Action .... Learn to read your candles

DBHLC and what the TDI is telling you ...

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

#143,868
Oct 26, 2023 3:56am Oct 26, 2023 3:56am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

In 6 minutes ....

London 9am New York 5am

A new 4Hr candle

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Name: USDCAD Oct26 H5 next 4Hr London 9am 26-10-2023 4-53-16 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#143,869
Oct 26, 2023 4:50am Oct 26, 2023 4:50am

iwan73
| Joined Nov 2007 | Status: Trader | 793 Posts

Quoting emmanuel7788

Disliked

In 6 minutes .... London 9am New York 5am A new 4Hr candle {image}

Ignored

10 AM in London, not 9 am.

#143,870
Oct 26, 2023 5:22am Oct 26, 2023 5:22am

MichaelSch
Joined Dec 2015 | Status: Trader | 2,586 Posts

Quoting emmanuel7788

Disliked

{quote} Price Action .... Learn to read your candles DBHLC and what the TDI is telling you ... {image} ....

Ignored

You would be impressed if you read candles another way.

Perfection is the enemy of good enough!

#143,871
Oct 26, 2023 7:10am Oct 26, 2023 7:10am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting iwan73

Disliked

{quote} 10 AM in London, not 9 am.

Ignored

Now its London 1pm,

New York open 8am

price move back up and TDI is lagging ....

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

#143,872
Oct 26, 2023 7:32am Oct 26, 2023 7:32am

lynnc
Joined Aug 2021 | Status: Trader | 849 Posts

Quoting emmanuel7788

Disliked

{quote} Now its London 1pm, New York open 8am price move back up and TDI is lagging .... {image} ...

Ignored

It may be lagging price but its not lagging price action. The last closed candle was a bearish engulfing on h4 so it would be pointing down.

#143,873
Oct 26, 2023 7:44am Oct 26, 2023 7:44am

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting lynnc

Disliked

{quote}It may be lagging price but its not lagging price action. The last closed candle was a bearish engulfing on h4 so it would be pointing down.

Ignored

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Name: USDCAD Oct26 London 0854am 26-10-2023 4-55-22 pm.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#143,874
Oct 26, 2023 7:56am Oct 26, 2023 7:56am

lynnc
Joined Aug 2021 | Status: Trader | 849 Posts

Quoting emmanuel7788

Disliked

{quote} {image}

Ignored

Why are you showing me that pic?

#143,875
Oct 26, 2023 8:45am Oct 26, 2023 8:45am

iwan73
| Joined Nov 2007 | Status: Trader | 793 Posts

Quoting emmanuel7788

Disliked

{quote} Now its London 1pm, New York open 8am price move back up and TDI is lagging .... {image} ...

Ignored

Now you are right.

#143,876
Oct 26, 2023 9:26am Oct 26, 2023 9:26am

oradba
| Joined Sep 2010 | Status: Trader | 113 Posts

OK, I understand that trading is probabilistic, but I am baffled by today's behavior in the NY session. The 8:30 AM EDT economic news was mostly positive for the USD. I expected the three amigos to all start heading down, but instead the dollar got hammered across those, swissie and yen. Thank God I stay out of the market for red flag events; but I don't understand the market's reasoning. What happened?

#143,877
Oct 26, 2023 7:47pm Oct 26, 2023 7:47pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting oradba

Disliked

OK, I understand that trading is probabilistic, but I am baffled by today's behavior in the NY session. The 8:30 AM EDT economic news was mostly positive for the USD. I expected the three amigos to all start heading down, but instead the dollar got hammered across those, swissie and yen. Thank God I stay out of the market for red flag events; but I don't understand the market's reasoning. What happened?

Ignored

The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.

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

#143,878
Oct 26, 2023 7:52pm Oct 26, 2023 7:52pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,194 Posts

Quoting iwan73

Disliked

{quote} Now you are right.

Ignored

Yes.

USDCAD made a new high for this week ... 1.3844

and when New York closes today at 5pm local time , this week would be the new WCC for next week' trading

I closed my last buy position @1.38431

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