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Trading Made Simple

  • #4,321
  • May 31, 2011 4:34am May 31, 2011 4:34am
Quoting Danyjoe
hello Plamen, I understood almost everything .. only one thing .. What is Haiken Ashi candle?
NO OFFENSE. Wrong place to ask
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,322
  • May 31, 2011 4:36am May 31, 2011 4:36am
Hi all,

The angle of the green and red TDI changes when u move the size of the TDI window. Does anybody know what the right size for a reliable signal? If u increase the size there is a different angle, then a reduced size of the TDI window. So it changes from a 1h angle to a
2u angle for example or a 3u to 4u. Hope someone understands my question.

I have learned a lot reading this thread
Thx all and BIG E...
  • #4,323
  • May 31, 2011 4:41am May 31, 2011 4:41am
Quoting 786 trading
I just subscribed. Looks very nice thread.
My first long on EUR/USD one hour chart. Please have comments on it if I did some mistake.

Thanks.
* Slope : very weak
* Stochastic : almost flat
* Green line above 68 level


I would NOT take it but I don't trade E/U anyway (I am from Bulgaria, Greece neighbor, I know very well those greek bastards and they are shaking Euro too much these days :-) Besides, I have a huge zero leverage (1:1) SHORT euro/usd position and I am emotionaly driven (I WANT and I HOPE E/U will go down) lol

Plamen
Bah...
  • #4,324
  • May 31, 2011 4:48am May 31, 2011 4:48am
Quoting adeforex
MY FIRST TRADE OF THE WEEK. I HAVE MISSED GREAT MOVES THIS MORNING BEFORE I WOKE UP HERE.I am on it at the bounce trade of 1 hr TF looking for 23 pips . Ranging for 10 pips profit now, the only minus i saw on it is that EU almost exhausted its daily range but HEY! this is forex, anything can happen. But it is good with the trend. Will see how it will play
You are right. I am also not very comfortable about this trade as after taking the long I saw that eur/usd is on very strong 4hr/daily resistance. Will close my trade for 10 pips profit. Will wait for new setup.

Thanks for comments.
  • #4,325
  • May 31, 2011 4:55am May 31, 2011 4:55am
Quoting plamendp
I know very well those greek bastards
what do you rekon the chances are of someone here being greek???
  • #4,326
  • May 31, 2011 4:58am May 31, 2011 4:58am
Quoting 2scoops
Its red when its not at the correct angle 12-2 or 6-4 clock face - I use the pipware stochastics one though, seems much better
would you mind pm'ing me the one you use 2 scoops?? I would appreciate it
forget it, I just read your post on where to find it
  • #4,327
  • May 31, 2011 5:06am May 31, 2011 5:06am
Quoting 33drifter
what do you rekon the chances are of someone here being greek???
My sincer apology to all greeks here. It was an attempt of "just kidding", apparently didn't manage to express it properly :-)

Thanks for the note!

Plamen
Bah...
  • #4,328
  • May 31, 2011 5:06am May 31, 2011 5:06am
Big E hope u recovering speedly.... Looking forward to your return...
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Those that say do not know. Those that know do not say.
  • #4,329
  • May 31, 2011 5:08am May 31, 2011 5:08am
What are your thoughts on this chart.

TDI and Stoc looks ok but PA looks pretty unconvincing? would you have taken the trade at any point?
Attached Image (click to enlarge)
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  • #4,330
  • May 31, 2011 5:26am May 31, 2011 5:26am
Quoting dean
would you mind pm'ing me the one you use 2 scoops?? I would appreciate it
forget it, I just read your post on where to find it
Coffee and cake with that too boss?

  • #4,331
  • May 31, 2011 5:27am May 31, 2011 5:27am
Quoting 33drifter
What are your thoughts on this chart.

TDI and Stoc looks ok but PA looks pretty unconvincing? would you have taken the trade at any point?
na tails are too long and the tdi has flattened completely on my chart.
  • #4,332
  • May 31, 2011 5:27am May 31, 2011 5:27am
This is the first time I ever uploaded a screenshot. I hope it is clear to all.

I put on a long trade on EUR/GBP. Daily TF. I am realizing the power of longer timeframes. I obviously could've held onto this trade longer, but it is the first time I woke up to a profit over 20 pips, so I was excited to have a significant gain and closed the trade. +48

My weekly goal is only 40 pips so the rest of the week should be just gravy on top!
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  • #4,333
  • May 31, 2011 5:28am May 31, 2011 5:28am
Quoting 2scoops
Coffee and cake with that too boss?

decaf latte and gluten free chocolate mud thanks and you might wanna change the copy paper while you're at it
  • #4,334
  • Edited 5:59am May 31, 2011 5:39am | Edited 5:59am
Quoting plamendp
Lets see...
Just wont break through will it

How long do you wait before you give up (or dont you and just leave it, cos the law ov averages say it should go down down down )
and I know the minute you do close it , it will go down -Sods law

By the way , your @TMS_TDI_Slope is great with tiled charts , just wish I had the MQ4 so I could stick an alert in , or maybe you could be so kind for me to put a user param in
  • #4,335
  • May 31, 2011 6:04am May 31, 2011 6:04am
Quoting peterporter
Just wont break through will it

How long do you wait before you give up (or dont you and just leave it, cos the law ov averages say it should go down down down )

your @TMS_TDI_Slope is great with tiled charts , just wish I had the MQ4 so I could stick an alert in , or maybe you could be so kind for me to put a user param in
Exit rule is according to Big E: when Green goes flat/opposite AND/OR Basic Forex: S/R establishment, higher AND lower timeframe signals (higher TF RULEZ lower one LEADS), session closing ahead, ranging, etc. Sometimes I would even ask my hamster.. mm.. if I had one :-) [kidding]

Pipwise I want price to move 20+ in my direction before I move SL to BE (I am still testing this system trading live and try not to loose money while testing, you know).

Argh.. as I am typing.. GBPCHF sharply moved up.. 3 mins before the H1 end.. Green is going flat.. However I will stay in, Basic Forex is on my side.. move is too sharp to be true ..

To be honest, TMS EXIT rules tend to throw you out a bit early... Just a thought... and I am far from Pro status...
Bah...
  • #4,336
  • May 31, 2011 6:08am May 31, 2011 6:08am
Quoting plamendp
Exit rule is according to Big E: when Green goes flat/opposite...
Correct , its ranging, dont get scared just yet , but looks like it may decide to hang around here, definitley worth seeing what happens in the US session at least
  • #4,337
  • May 31, 2011 6:30am May 31, 2011 6:30am
Quoting peterporter
Correct , its ranging, dont get scared just yet , but looks like it may decide to hang around here, definitley worth seeing what happens in the US session at least
I was in the same trade, but jumped out with -23 pip loss. Will jump back in when get a clearer picture
  • #4,338
  • May 31, 2011 6:43am May 31, 2011 6:43am
EU and GU are both at resistance areas on the 4H, I'm looking for a reversal here and will go short if a signal comes
  • #4,339
  • May 31, 2011 6:47am May 31, 2011 6:47am
if anybody looking for usd/cad long in 1h , be aware : on daily is short setup
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  • #4,340
  • May 31, 2011 6:47am May 31, 2011 6:47am
I am watching the AU for a 4hr short trade. My broker's next 4hr. candle starts at 8 am (Eastern time zone). I am also watching the GU but not enough PA IMO.
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