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  • #9,981
  • Jan 25, 2013 2:43am Jan 25, 2013 2:43am
Quoting dee50
Hello MyHong. Before making requests for templates, indicators etc, please click on the paper clip symbol (next to "reply to thread") click on "hide images" there you will find every thing that has been posted. If you want to know specifics about a contributor like PHx62, click on his avatar in one of his posts. This opens the profile window. top LH you will see eg. "381 Posts" click on this. On the next page click on "advanced search options" then you have a choice, to "show attachments with posts" or "Only include posts with attachments"...
thanks Dee alot!
  • #9,982
  • Jan 25, 2013 3:11am Jan 25, 2013 3:11am
Quoting Phx62
A very nice move up following a strong break of the 200 EMA.
Mind opening , simple and straight to the point

Thanks for keeping helping us everyday
I Have Learned to Take Some Losses to Make Profits
  • #9,983
  • Jan 25, 2013 4:25am Jan 25, 2013 4:25am
Hi,

could you tell me where the 200ma came in and its use, I'm studying this system but its not mentioned in the first page setup. Would you also be kind enough to share what TF you use it on, I read 200ma is a daily (due to 200 trading days a year), so if its on a lower TF do you divide it down, or have you found it just helps filters on lower TF. I'm guessing it is used on hourly? Price above MA buy, below sell?

My apologies in advance if this is a repeated Q but 10,000 posts in this thread is a monster :-)

PG
  • #9,984
  • Jan 25, 2013 8:16am Jan 25, 2013 8:16am
Took the breakout of the bullish pennant and break of yesterday's high during the late Asian session.....TDI green PL was already above the yellow MBL and about to cross the red TSL....S/R lines are not slowing price down much right now.
Attached Image (click to enlarge)
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  • #9,985
  • Jan 25, 2013 9:42am Jan 25, 2013 9:42am
Take two trade EU. One base on bullish pennant, the second trade base on price break S/R, Yesterday H and price patterns, all with TDI confirm

http://www.forexbees.com/wp-content/...ls-500x322.jpg
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2013-01-25_2209.png Size: 52 KB
  • #9,986
  • Jan 25, 2013 9:48am Jan 25, 2013 9:48am
Quoting pgtips
Hi,

could you tell me where the 200ma came in and its use, I'm studying this system but its not mentioned in the first page setup. Would you also be kind enough to share what TF you use it on, I read 200ma is a daily (due to 200 trading days a year), so if its on a lower TF do you divide it down, or have you found it just helps filters on lower TF. I'm guessing it is used on hourly? Price above MA buy, below sell?

My apologies in advance if this is a repeated Q but 10,000 posts in this thread is a monster :-)

PG
You do not need to read 10,000 posts. There are several PDFs in the attachments section dedicated to PHx62s posts in those you will find answers to all your present and future questions.
Cut your Losers short and let your Winners run.
  • #9,987
  • Jan 25, 2013 9:52am Jan 25, 2013 9:52am
Quoting Phx62
Took the breakout of the bullish pennant and break of yesterday's high during the late Asian session.....TDI green PL was already above the yellow MBL and about to cross the red TSL....S/R lines are not slowing price down much right now.
Hi PHX,

Could you please show me what is the main purpose of using 50 line on TDI?
I see you offend enter trade when TDI green not yet cross red already (just 5 - 10 minute of that candles), because sometime I enter trade when I see green cross red but few minute late green turn back and continue previous trend.. How can we avoid this trade?

Thanks you!
  • #9,988
  • Jan 25, 2013 10:25am Jan 25, 2013 10:25am
These are the links to several PDFs which if you are new to the thread you should read. They cover many of the questions that are repeatedly asked.

First learn about the Trading Made Simple method which is really what we are all trading.
http://www.forexfactory.com/attachme...02012%205:19am
http://www.forexfactory.com/attachme...02012%205:52am

Now look at how PHx62 developed into the trader he is today. He started on the TMS thread
http://www.forexfactory.com/attachme...02012%205:23am

And then came to this thread
http://www.forexfactory.com/attachme...02012%203:18am

Another stalwart of the TMS method. Dcginc
http://www.forexfactory.com/attachme...02012%208:24am

Check out Munirpt´s posts. Clean and simple charts, but makes good Pips and good sense.
http://www.forexfactory.com/search.p...hquery=munirpt

Simple pre Trade check list
http://www.forexfactory.com/attachme...202012%2017:07

What are Heiken Ashi´s
http://www.forexfactory.com/attachme...202012%2013:21
http://www.forexfactory.com/attachme...202012%2013:21

Last but not least, a brief explanation of the TDI
http://www.forexfactory.com/attachme...202012%2012:26

If you still need to ask questions after this lot, then I will translate it all into Swahili so that you can understand it better.
Cut your Losers short and let your Winners run.
  • #9,989
  • Jan 25, 2013 11:04am Jan 25, 2013 11:04am
Quoting dee50
These are the links to several PDFs which if you are new to the thread you should read. They cover many of the questions that are repeatedly asked.

First learn about the Trading Made Simple method which is really what we are all trading.
http://www.forexfactory.com/attachme...02012%205:19am
http://www.forexfactory.com/attachme...02012%205:52am

Now look at how PHx62 developed into the trader he is today. He started on the TMS thread
http://www.forexfactory.com/attachme...02012%205:23am

And...

I am truly grateful for your guidance!!! I will try to learn and post the chart everyday, hope that I can contribution to this threat in future..

Thanks you again,
  • #9,990
  • Jan 25, 2013 4:08pm Jan 25, 2013 4:08pm
Quoting dee50
These are the links to several PDFs which if you are new to the thread you should read. They cover many of the questions that are repeatedly asked.

First learn about the Trading Made Simple method which is really what we are all trading.
http://www.forexfactory.com/attachme...02012%205:19am
http://www.forexfactory.com/attachme...02012%205:52am

Now look at how PHx62 developed into the trader he is today. He started on the TMS thread
http://www.forexfactory.com/attachme...02012%205:23am

And...
Thanks Dee for putting the hard work trying to filter information for us new traders, surely enough these PDF will be on my top reading materials
I Have Learned to Take Some Losses to Make Profits
  • #9,991
  • Jan 25, 2013 4:36pm Jan 25, 2013 4:36pm
Quoting dee50
These are the links to several PDFs which if you are new to the thread you should read. They cover many of the questions that are repeatedly asked.

First learn about the Trading Made Simple method which is really what we are all trading.
http://www.forexfactory.com/attachme...02012%205:19am
http://www.forexfactory.com/attachme...02012%205:52am

If you still need to ask questions after this lot, then I will translate it all into Swahili so that you can understand it better.

good work.

everything is here!
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,992
  • Jan 25, 2013 5:59pm Jan 25, 2013 5:59pm
Quoting emmanuel7788

good work.

everything is here!
Now that's just mean
"To live with Passion, it takes Courage and Grace to survive"
  • #9,993
  • Jan 25, 2013 10:42pm Jan 25, 2013 10:42pm
I wanted to enter this trade way back when the movement started, but just could not pull the trigger, I think I lacked the confidence because I did not see all the details in the Price Action that were screaming this is might be a good trade

Going back today to study the chart , I think I've noticed that there was actually an AB=CD pattern that was starting to form at Frankfurt Open , I wanted to trade on that candle but could not pull the trigger, waited London Open, that same story happened , wanted to trade but was stuck in the storm of mixed emotion.

Please take a look at my chart and tell me what were my mistakes
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #9,994
  • Jan 26, 2013 7:00am Jan 26, 2013 7:00am
Quoting TheScorpS
I wanted to enter this trade way back when the movement started, but just could not pull the trigger, I think I lacked the confidence because I did not see all the details in the Price Action that were screaming this is might be a good trade

Going back today to study the chart , I think I've noticed that there was actually an AB=CD pattern that was starting to form at Frankfurt Open , I wanted to trade on that candle but could not pull the trigger, waited London Open, that same story happened , wanted to trade but was stuck in the storm of mixed...
First of all I do not see that you made a mistake. At the moment you clearly lack confidence, That is not a crime, it is understandable, and it is a phase that we all go thru not just once but many times. Confidence comes with screen time, confidence comes with familiarity and experience. Stick with it, you are on the right track.

I have attached 3 charts. This is the sort of analysis you should do before taking a trade. 4 Hr chart. Pennant. Breakout Pullback Confirmation of the Pennant. Price target for a Pennant.

1 Hr Zoom out. Multiple Tests of S&R. PA is ranging, but, If I take the 123 entry it is only 20 pips to the S&R level, but, my stop would be 20 pips that gives me a 1:1 R/R, is that acceptable? The 123 is also a BPC of the Pennant.

1 hr zoom in. I will let you fill in the blanks here--------------------------
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4Hr triangle.png Size: 25 KB
Click to Enlarge Name: 1 Hr zoom out.png Size: 42 KB
Click to Enlarge Name: 1 hr zoom in.png Size: 32 KB
Cut your Losers short and let your Winners run.
  • #9,995
  • Jan 26, 2013 10:52pm Jan 26, 2013 10:52pm
Quoting dee50
First of all I do not see that you made a mistake. At the moment you clearly lack confidence, That is not a crime, it is understandable, and it is a phase that we all go thru not just once but many times. Confidence comes with screen time, confidence comes with familiarity and experience. Stick with it, you are on the right track.

I have attached 3 charts. This is the sort of analysis you should do before taking a trade. 4 Hr chart. Pennant. Breakout Pullback Confirmation of the Pennant. Price target for a Pennant.

1 Hr Zoom out. Multiple...
These explanations , notes, ideas what lacked me in pulling the trigger, yes I saw the market moving in harmony , what was going on I lacked, which is why I could not take the trade, I tried to find the price action that your showed in details but because I'm still new these were beyond what a 4 months in Forex could have found

With experience and people trying to help in this thread , I will crawl deeper in these methodologies, with learning curve and watching chart day by day to build confidence and experience, these price action strategies would make sense and easier to snap when an opportunity is set up

Thanks Dee for your as usual detailed information trying to help us new comers to Forex, so from now until tomorrow, let's see what this week might hide for me

The last tow days I had only one trade that went against me, yes I learnt form it, wrote it down, took print screen of the chart, put the notes of what went wrong, and been studying this chart into my mind for the last 2 days

Thanks Dee I'm learning whole a lot from you and others as well
I Have Learned to Take Some Losses to Make Profits
  • #9,996
  • Jan 27, 2013 1:39am Jan 27, 2013 1:39am
I share the files that I keep update every day, it the might be useful for the beginners.

All the important posts, comments, answers from Phx62.

An extremeley important tool for learning the method, we cannot be thankful enough for his work.

Imre
Attached File(s)
File Type: pdf Phx62 study I.pdf   6.2 MB | 2,290 downloads
File Type: pdf Phx62 study II.pdf   4.9 MB | 2,002 downloads
  • #9,997
  • Jan 27, 2013 7:09am Jan 27, 2013 7:09am
Quoting hupipko
I share the files that I keep update every day, it the might be useful for the beginners.

All the important posts, comments, answers from Phx62.

An extremeley important tool for learning the method, we cannot be thankful enough for his work.

Imre
Thank you. A lot of work goes into compiling a PDF.
Cut your Losers short and let your Winners run.
  • #9,998
  • Jan 27, 2013 10:00am Jan 27, 2013 10:00am
Quoting hupipko
I share the files that I keep update every day, it the might be useful for the beginners.

All the important posts, comments, answers from Phx62.

An extremeley important tool for learning the method, we cannot be thankful enough for his work.

Imre
Thank you, much appreciated. I am enjoying reading this thread.
Julie
  • #9,999
  • Jan 27, 2013 10:16am Jan 27, 2013 10:16am
Quoting hupipko
I share the files that I keep update every day, it the might be useful for the beginners.

All the important posts, comments, answers from Phx62.

An extremeley important tool for learning the method, we cannot be thankful enough for his work.

Imre
Absolutely invaluable , thank you so much for posting this . I've been studying it all day.
  • #10,000
  • Jan 27, 2013 11:17am Jan 27, 2013 11:17am
Quoting hupipko
I share the files that I keep update every day, it the might be useful for the beginners.

All the important posts, comments, answers from Phx62.

An extremeley important tool for learning the method, we cannot be thankful enough for his work.

Imre

Hi hupipko,

Want to say how much a I appreciate you posting these pdf's. It is an extremely nice gesture and so valuable to those of us who are learning.

Regards
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