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Trading Made Simple

  • #16,661
  • Mar 28, 2013 7:51am Mar 28, 2013 7:51am
Quoting emmanuel7788
GU NYO 28 Mar:

Looking at the last H4 close when NYO, it is more sell than buy..
anyone with a different view?
I favor short, A close below 1.2760 would get me in Swing trade. FOr long i want to see a break and close above 1.2840 .
  • #16,662
  • Mar 28, 2013 8:14am Mar 28, 2013 8:14am
Goodmorning,

Here is a couple of trades that I took last night then went to bed.

The aud/usd got stopped out for 25 pips or (25 x $10.00 = -$250.00)
((What can I say-yuck...)).

The eur/usd is still in play and trading between my stop-loss and entry.
I still think the eur/usd is in a long term down trend (bearish) so I'am
going to let it run and see what happens.

So the "Good, Bad & Ugly". I try to let people see my trades for
better or worse. Their is no 100% but I can average 80-85%
winners with a couple of losses thrown in their. Losses are to be expected.

snarlyjack
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: pictures17gif.gif Size: 22 KB
  • #16,663
  • Mar 28, 2013 11:01am Mar 28, 2013 11:01am
this was my only trade to day
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 46 KB
  • #16,664
  • Mar 28, 2013 11:28am Mar 28, 2013 11:28am
Hello fellow traders,
nice to see that Big E's thread is back alive and keeps going
with long time TMS traders contributing like Emmanual and Snarlyjack.
I traded with TMS before, and due to my timezone (EST),and its simplicity, it fits my trading,
on longer timeframes
here is my GU trade taken on H1.
Attached Image (click to enlarge)
Click to Enlarge Name: Greenshot_2013-03-28_11-36-36GUH1.png Size: 48 KB
If you're going through hell, keep going. Winston Churchill
  • #16,665
  • Mar 28, 2013 12:03pm Mar 28, 2013 12:03pm
Quoting Imi
Hello fellow traders,
nice to see that Big E's thread is back alive and keeps going
with long time TMS traders contributing like Emmanual and Snarlyjack.
I traded with TMS before, and due to my timezone (EST),and its simplicity, it fits my trading,
on longer timeframes
here is my GU trade taken on H1.
Hi ,
Thanks for posting. .
How'd you mange your trade?
I mean i see that you stayed through most of the red bars , what gave you confidence to stay in?
I have the same resistance on my chart 1.5199.
I missed it yesterday, it would hve been good 70-80 pips for me on a 4-hour chart but on 1hour im not sure.
  • #16,666
  • Mar 28, 2013 12:21pm Mar 28, 2013 12:21pm
Quoting Winner1245
Hi ,
Thanks for posting. .
How'd you mange your trade?
I mean i see that you stayed through most of the red bars , what gave you confidence to stay in?
I have the same resistance on my chart 1.5199.
I missed it yesterday, it would hve been good 70-80 pips for me on a 4-hour chart but on 1hour im not sure.
Hi winner,
I entered on H1, trade moved to my direction nicely, later I got follow up signal on h4,
I was up about +40 pips, moved my SL to BE, and went to sleep, that pullback almost hit my BE SL,
but then turned around and tp was hit.
If you're going through hell, keep going. Winston Churchill
  • #16,667
  • Mar 28, 2013 12:24pm Mar 28, 2013 12:24pm
Hey guys. any advice appreciated
Attached Image (click to enlarge)
Click to Enlarge Name: mar 28 london open eur.jpy.h1.png Size: 58 KB

Bought at london open. PA candle gave bullish at beginning.
Attached Image (click to enlarge)
Click to Enlarge Name: mar 28 london open eur.jpy.h1(2).png Size: 59 KB

Entered short again at break of trendline. Stop lossed. General consensus by traders here was a major support area. Did not see it. Need to wake up
Attached Image (click to enlarge)
Click to Enlarge Name: mar 28 london open gbp.jpy.h1.png Size: 69 KB

Same thing here. Gave bullish signal at the beginning. Stop lossed

Rules were to enter after LO candle. Did not follow
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mar 28 london open eur.usd.h1.png Size: 57 KB
Click to Enlarge Name: mar 28 london open gbp.usd.h1.png Size: 58 KB
Click to Enlarge Name: mar 28 london open usd.chf.h1.png Size: 57 KB
  • #16,668
  • Mar 28, 2013 12:24pm Mar 28, 2013 12:24pm
London P/L:-240
New York P/L: NA
Daily total:-240

London P/L:695
New York P/L:-60

Aggregate Trades: 68
Aggregate P/L: 635
  • #16,669
  • Mar 28, 2013 6:02pm Mar 28, 2013 6:02pm
Quoting emmanuel7788
AU 28 Mar H1 Trade:

PA entry with potential H4 Pop Gun Breakout.
Trade closed. Market went flat after NYO.

nett 1.2R trade.

Keep watch on this pair as there is a H4 Pop Gun.
Attached Image (click to enlarge)
Click to Enlarge Name: AU 28 Mar H1 trade closed 29-3-2013 6-55-35 AM.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,670
  • Mar 28, 2013 6:05pm Mar 28, 2013 6:05pm
Today is holidays in many countries, markets are closed.
Aussie and UK bank holidays.
Expect low liquidity.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,671
  • Mar 28, 2013 6:12pm Mar 28, 2013 6:12pm
Quoting tenmilewalk
Hey guys. any advice appreciated
Attachment
Bought at london open. PA candle gave bullish at beginning.
Attachment
Entered short again at break of trendline. Stop lossed. General consensus by traders here was a major support area. Did not see it. Need to wake up
Attachment
Same thing here. Gave bullish signal at the beginning. Stop lossed

Rules were to enter after LO candle. Did not follow
If you based your trades on support and resistance, perhaps mention what form those S&R, for example if you use previous day week high lows, or anything else.

I don't see your trade entries and exits on your charts posted.
Only the blue rectangles and magenta circles.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,672
  • Mar 28, 2013 6:29pm Mar 28, 2013 6:29pm
Quoting redfan
this was my only trade to day
http://www.forexfactory.com/attachme...1&d=1364486486

Your entry was on the 2nd white candle, right? that looks like a bounce off the lower channel you have on your chart.
the down channel shows a flow down, which indicates this is countrend.
also you have the pivot shown from IBFX, but the price bars don't look like GMT000 server. My IBFX broker show different from yours.

manage well...look out for top resistance.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,673
  • Mar 28, 2013 6:30pm Mar 28, 2013 6:30pm
I'll make a request, does anyone have the PDF of the rules of the BIG-E in Portuguese? if someone can please put it here? I have but these are in English and my language is not English, and so it is very hard to understand the rules even in translating google translate.
thank you in advance.
Attached File(s)
File Type: pdf Trading Made Simple.pdf   1.4 MB | 739 downloads
Work very hard until you get there (excuse my english)
  • #16,674
  • Mar 28, 2013 6:41pm Mar 28, 2013 6:41pm
Quoting jvbs
I'll make a request, does anyone have the PDF of the rules of the BIG-E in Portuguese? if someone can please put it here? I have but these are in English and my language is not English, and so it is very hard to understand the rules even in translating google translate.
thank you in advance.
but you are writing in English which I read is good grammar English like mine. LOL. I am not English either.

I know language pose a problem for many here in FF. I know Big E uses a few technical descriptions which can be explained using chart examples.
So please tell me which page of the Big E pdf rules you have difficulty with. I try help you in a technical explanation to read your charts.
Better if you post your chart with question,this is a good way to learn and practice.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,675
  • Mar 28, 2013 6:53pm Mar 28, 2013 6:53pm
EU week 13 example - support and resistance..
if you are trading H4, look at previous highs lows and where price open/close.
Attached Image (click to enlarge)
Click to Enlarge Name: EU week 13 support and resistance .png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,676
  • Mar 28, 2013 7:05pm Mar 28, 2013 7:05pm
sorry emmanuel. should have been more specific

Blue indicates where I entered. They yellow dotted line marks the entry time(LO). The magenta circles indicate a SL. If there are two blue squares, it means that the trade was profitable and the second blue square indicates the trade that TP was reached. The support and resistances for the EUR.JPY was mentioned by snarlyjack. The support and resistances I mentioned were my trendlines that I drew in Red.

Any advice appreciated
  • #16,677
  • Mar 28, 2013 7:28pm Mar 28, 2013 7:28pm
Today was really weird for me. I still have a hard time finding good setups. I really have a ton of work to do before i can think of eventually calling myself a trader...

Thanks for all the posts and charts it really helps.

Emmanuel do you think tomorrow is still worth trading?
  • #16,678
  • Mar 28, 2013 7:32pm Mar 28, 2013 7:32pm
Quoting emmanuel7788
but you are writing in English which I read is good grammar English like mine. LOL. I am not English either.

I know language pose a problem for many here in FF. I know Big E uses a few technical descriptions which can be explained using chart examples.
So please tell me which page of the Big E pdf rules you have difficulty with. I try help you in a technical explanation to read your charts.
Better if you post your chart with question,this is a good way to learn and practice.

regards,

Emmanuel really appreciate your willingness to help me, it's still got some time to read the forum BIG-E, now is a bit late to ask something, is that my hours is London, Lisbon. After another day, maybe tomorrow if I can and also Emmanuel, I'll put my questions.
thank you.
regards,
jvbs
PS: I know a little English, but with the help of google translate'll try to get a better english.
Work very hard until you get there (excuse my english)
  • #16,679
  • Mar 28, 2013 7:40pm Mar 28, 2013 7:40pm
Quoting tenmilewalk
sorry emmanuel. should have been more specific

Blue indicates where I entered. They yellow dotted line marks the entry time(LO). The magenta circles indicate a SL. If there are two blue squares, it means that the trade was profitable and the second blue square indicates the trade that TP was reached. The support and resistances for the EUR.JPY was mentioned by snarlyjack. The support and resistances I mentioned were my trendlines that I drew in Red.

Any advice appreciated
Hi,

no need to be sorry.
I am sure people here appreciate your posts and sharing.
We all learn from each other.

Thanks.
Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,680
  • Mar 28, 2013 7:49pm Mar 28, 2013 7:49pm
Quoting Burt59
Today was really weird for me. I still have a hard time finding good setups. I really have a ton of work to do before i can think of eventually calling myself a trader...

Thanks for all the posts and charts it really helps.

Emmanuel do you think tomorrow is still worth trading?
market type is consolidation with narrow range.
difficult for trend traders.

Friday 29 Mar is bank holiday in the UK and next Monday is Easter, so most European markets are closed. I think US holiday too??? Its a long weekend... enjoy.
Think of it, how often do we get 5 Fridays, 5 Saturdays and 5 Sundays in one month...ENJOY this much more.

Do not expect any big moves unless the big economy lke China choose to do some meaures so that it does not hamper its own local market while the others are closed. The after shock come on Tuesday if she does anthing drastic. I doubt.

M15 trading will be good in such thin market.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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