Trading Made Simple

Quoting zhangshuo

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hi emmanuel7788 this is a chart you posted a couple of posts above. Can I ask what indicator those white dotted lines (blue arrows) represent? Can you share that here? Thank you! {image}

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Quoting snf

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Tried AUDUSD today but I got SL hit on buys. {image} Bought on M15 candle close above the Sydney 2H high.

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Quoting emmanuel7788

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{quote} there was no buy at that time. when trading the SYD_2H range, the 2H high and low are also range support and resistance, we wait for the 1Hr to close above or below the high-low. in today case, the 1Hr did not close above therefore there is no buy entry. IF we follow @Islandfx 911 NiTS, it is sell at the rejection of 'resistance' of the SYD_2H high which is CONFLUENCE with a Daily SnR 65289 {image}

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Quoting snf

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Tried AUDUSD today but I got SL hit on buys. {image} Bought on M15 candle close above the Sydney 2H high.

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Quoting Tiger115

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STUDENT HERE,is anyone looking up USDJPY {image}

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Quoting NikiPink

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Dear Emmanuel, Could you please provide guidance on finding the optimal exit point for a position?! If we wait for the TDI green line to flatten or reverse, or for an opposing candle to form in the same timeframe, it might be too late. A trade that’s in profit could turn into a loss. Thank you {image}

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Quoting NikiPink

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Dear Emmanuel, Could you please provide guidance on finding the optimal exit point for a position?! If we wait for the TDI green line to flatten or reverse, or for an opposing candle to form in the same timeframe, it might be too late. A trade that’s in profit could turn into a loss. Thank you {image}

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Quoting Tiger115

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STUDENT HERE,is anyone looking up USDJPY {image}

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Quoting snf

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{quote} Thanks for explaining Em. I think I may have the rules wrong. I thought it was entry after M15 close. So to be clear, do we need to wait in the H1 close before entering on Sydney_2HR setup?

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Quoting emmanuel7788

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{quote} you can enter a M15 candle, provided that M15 candle is the last candle to close the M30, and also to close the M60... this is the m15m30m60 entry this is the 10th element to pick the best A+++ setups. 10th element > TIMING probably the hardest element to master because it requires 'iron-clad' discipline ...

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Quoting emmanuel7788

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{quote} there was no buy at that time. when trading the SYD_2H range, the 2H high and low are also range support and resistance, we wait for the 1Hr to close above or below the high-low. in today case, the 1Hr did not close above therefore there is no buy entry. IF we follow @Islandfx 911 NiTS, it is sell at the rejection of 'resistance' of the SYD_2H high which is CONFLUENCE with a Daily SnR 65289 {image}

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Quoting emmanuel7788

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{quote} Hi Niki Using TDI for exit is not the best exit strategy. There are different TDI versions and will have different results. Even when you use the TDI version in post #25, Big E did not always use the TDI for exit. Most often he used the exit in post #557 and #7555. Other time he would let trades run until the HA candle change colour and close using the 5EMA. Using risk R and R-Multiple exits is simple and easy to execute. Follow simple rules for entries and exits. Risk 1R Reward 2R good and will have a statistical edge over time. Example:...

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Quoting emmanuel7788

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{quote} when trading, always wait for the candle to close, then look for a swing high, and the True REVERSAL then check for the S/U candle confirm with post#261 'rules' {image}

Attached Image (click to enlarge)

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Quoting DmShka

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{quote} Hello, Am I have different chart, looks like different levels, compare with your high and low? {image}

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