Trading Made Simple

Quoting emmanuel7788

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{quote} GA Jun04 post #647 basic forex trading stuff - Price Action - Chart Pattern > When the Daily candles fails to make Lower Low with Lower Close, ... Spinning Tops candles with wicks at both ends, > start to look for possible trades, GA H1 Jun 04 - H1 BUEOB setup candle does not need TDI signal, - you need to build confidence through lots of screen time and practice, practice, practice, ...

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Quoting tommydoginti

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{quote} {image} GU sell closed TDI cross down with TMS price action confirmation. {image} {image}

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Quoting emmanuel7788

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{quote} GU Jun03 US PMI data - lock-in 50% at +1R and fight the news > +8R profit is fantastic > risk $300, reward $2400 {image} ...

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Quoting emmanuel7788

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{quote} GU Jun04 TOKY_5H 4Hr trade window - price reached the previous Week' high SnR - fails to make higher high + Higher Close - low TF entry with small loss to mitiogate the risk trading against the Daily and Weekly - +5R trade is good {image} ... {image}

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Quoting emmanuel7788

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{quote} USD Pair Jun04 pre-New York Open - prepare the next 4Hr Trade Window Daily {image} H4 {image} ...

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Quoting tommydoginti

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{quote} {image} 2nd trade of the week. TMS sell setup on GU. Following BigE’s TMS rules. Retested and rejected from previous price level (previous high) lower high formation Enter at TDI cross down {image} {image} ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535 Performance track on an account (1 position/TMS setup): #144517 #129706,...

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Quoting emmanuel7788

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USD pairs Jun05 Tokyo 10am - the second 4Hr of today - trade once every 4 hours - prepare for the next 4Hr > check the Market Type conditions according to post#647, > Weekly ... long term trend > Daily ... short term trend Market Trend {image} USD pairs {image} make sure you check the news/events calendar ...

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Quoting eelfranz

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/// hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific...///}

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Quoting emmanuel7788

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{quote} Next, Now we review this USDCHF Daily chart, Note the Magenta lines and the Price Action setups, > Note the Stoch signals .. %K crossed %D, between the 20-level and 80-level > Note the overall TDI conditions ... take notes of the green line and red line, and the yellow line too, and the volatility bands ... these tell you of the market conditions. But we focus on the green and red lines. > important to note that the TDI had been refreshed so the lines have be repainted when we study old charts. What you will see in realtime live market will...

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Quoting iwan73

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{quote} Hi emmanuel The magenta lines mark moments when candle cross EMA and close on other side. But in some cross cases you dont put magenta lines. I would like to ask why?

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Quoting iwan73

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{quote} Hi emmanuel The magenta lines mark moments when candle cross EMA and close on other side. But in some cross cases you dont put magenta lines. I would like to ask why?

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Quoting eelfranz

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Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes....
Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....

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Quoting emmanuel7788

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{quote} When you trade the Daily chart, you only need to trade once a day. XAU Jun06 Daily {image}

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Quoting emmanuel7788

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{quote} Reply to Telegram group question: "I missed the Day open this morning. The stop loss is very big.... etc." XAU Jun06 H4 ....the next 4Hr Trade Window - what about H4 for entry? - where to place initial Stop Loss ? {image} ... {image}

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Quoting eelfranz

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W///Chilly - On the Stoch's... if the line is outside the 20-80 lines... I completely ignore it... ///

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