Trading Made Simple

Quoting emmanuel7788

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Sunday Dec 07 London 6am Big week for USD Majors coming week, {image} As some traders start winding down ahead of the year-end holidays, many would be in their vacation at the weekend. While many others are gearing up for the Santa Claus Rally in the US Markets. It will be Trading Made Simple here business as usual ... ...

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Quoting emmanuel7788

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Dec 08 London 8am Looking for trades when the market is range-bound on the Daily Once you know the Tokyo 5-hours high-low, you can trade the breakout of the high-low range. {image} ...

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Quoting emmanuel7788

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Tuesday Dec 09 Always plan ahead when trading. Knowing the news/events of the day and following days will help you in your trade planning and know when to "Let Profits Run". {image} Daily chart Start the trading day looking at the Daily charts of all the pairs in your watchlist. Look for continuation trades ... after there is Price Action reversals and the Price Action is above or below the 5LWMA/5EMA. TMS 8 pairs {image} ...

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Quoting emmanuel7788

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Tuesday Dec 09 Always plan ahead when trading. Knowing the news/events of the day and following days will help you in your trade planning and know when to "Let Profits Run". {image} Daily chart Start the trading day looking at the Daily charts of all the pairs in your watchlist. Look for continuation trades ... after there is Price Action reversals and the Price Action is above or below the 5LWMA/5EMA. TMS 8 pairs {image} ...

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Quoting emmanuel7788

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EURGBP Dec 08 H1 London 10am - in such situation I would wait for the Price Action and - the 5LWMA,Close,Shift0 (white MA) to cross the 5EMA,Typical Price, Shift+2 (yellow MA) - then use market order for entry {image}

Attached Image (click to enlarge)

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Quoting emmanuel7788

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{quote} Do your own POMO and review. Study, take notes and learn, this will help you build up more experience and knowledge which are key to become rules-based discretionary traders. Your attention to details is very important. Some of these price action trade setups will fail and you will learn from these. Trading is a thinking game and most often the traders' ego is the determination factor. There is no such nonsense as trading without ego as some may have in their beliefs. We humans are emotional creatures. It is your Mental Strategy that is...

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Quoting emmanuel7788

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Wednesday Dec 10 London 7am Trading the Frankfurt Open and London Open, Take one look at TMS Monitor it is easy to look for trades. {image} ...

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Quoting eelfranz

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trade.... Perfect set up, good air, good angle..... {image}

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