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Trading Made Simple

  • #17,941
  • Apr 23, 2013 4:50am Apr 23, 2013 4:50am
Quoting terminator12
{quote} Hi Jack , How did u put ATR in T D I Malcolm
Hi Malcolm,

open "Navigator", then custom indicators where you have ATR indi located, drag and drop ATR file into your TDI on the bottom of the screen, change parametr from default 14 to value required and press OK.. thats it! you might change colour of ATR to NONE if you need only figures
JacekPreserve Precious Capital
  • #17,942
  • Apr 23, 2013 4:53am Apr 23, 2013 4:53am
Quoting Jackub
{quote} How about this Emmanuel... is it rubbish..??

That was usual good top down technical analysis to form the Big Picture.

Big Picture planning is not rubbish - like thrash, we can either reduce, reuse or recycle. Save our Planet Earth.

* Support zone is Demand
* Resistance zone is Supply

just to be consistent what we talk about SR or SD.

Note: H4 is very interesting as market went from high volatile to narrow range sideway now. See TDI VB narrowing. This is opportunity for another breakout move or at least a wide range market type.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,943
  • Apr 23, 2013 5:03am Apr 23, 2013 5:03am
Quoting emmanuel7788
{quote} That was usual good top down technical analysis to form the Big Picture. Big Picture planning is not rubbish - like thrash, we can either reduce, reuse or recycle. Save our Planet Earth. * Support zone is Demand * Resistance zone is Supply just to be consistent what we talk about SR or SD. Note: H4 is very interesting as market went from high volatile to narrow range sideway now. See TDI VB narrowing. This is opportunity for another breakout move or at least a wide range market type.
As permanent beginer I mixed up ,
too much reading today about zones and supply/demand lows maked this, next time will do it properly,
thank you Emmanule... so much
JacekPreserve Precious Capital
  • #17,944
  • Apr 23, 2013 5:09am Apr 23, 2013 5:09am
I see many same members viewing this thread and do not post anything.
Please post something or at least share a joke to make me laugh and be happy.

Please, just do it! .................post something ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,945
  • Apr 23, 2013 5:17am Apr 23, 2013 5:17am
Quoting emmanuel7788
I see many same members viewing this thread and do not post anything. Please post something or at least share a joke to make me laugh and be happy. Please, just do it! .................post something ...
Emmanual Yesterday E/U i put entry at 1.30367 , And today went up too quickly then come down , I put S/L of 35 pips which was not enough , From now on check on ATR of H4 , Will not trade today , Trade tomorrow , U all stay in Green
  • #17,946
  • Apr 23, 2013 5:22am Apr 23, 2013 5:22am
Quoting emmanuel7788
I see many same members viewing this thread and do not post anything. Please post something or at least share a joke to make me laugh and be happy. Please, just do it! .................post something ...
You need a jooke..??
Here you are,
next month I will start real account.....
JacekPreserve Precious Capital
  • #17,947
  • Apr 23, 2013 5:29am Apr 23, 2013 5:29am
I read but don't post since you all trade 1 hour & 4 hour during London, & I trade the 30 minute chart during the New York session only (& occasionally early Tokyo). Haven't had enough coffee yet to find a joke, but best wishes anyway.
My favorite crochet hook is size J. It's a J-Hook!
  • #17,948
  • Apr 23, 2013 5:30am Apr 23, 2013 5:30am
Took three trades this morning all sum total was 80 pips .
Nice system very easy trade.
Thanks
Trade what you see .
  • #17,949
  • Apr 23, 2013 5:33am Apr 23, 2013 5:33am
Anticipation is not a good thing when it comes about trading, but this time worked. The risk (SL) was very small. See red arrow on TDI, and smaller HA candles before taking off...
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 13 KB
  • #17,950
  • Apr 23, 2013 5:35am Apr 23, 2013 5:35am
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh4.png Size: 31 KB

looks promising, waiting for candle to be closed..
JacekPreserve Precious Capital
  • #17,951
  • Edited 5:47am Apr 23, 2013 5:36am | Edited 5:47am
Quoting terminator12
{quote} Emmanual Yesterday E/U i put entry at 1.30367 , And today went up too quickly then come down , I put S/L of 35 pips which was not enough , From now on check on ATR of H4 , Will not trade today , Trade tomorrow , U all stay in Green

Malcolm,

Trading spot forex can be tough when we do not know what move the market. I still dont know.

But when China PMI data came out early today, AU drop. China is big trading partner with many countries and Germany is also a big partner.
So we need to anticpate some of the data release from big China and be prepared for market reactions. That is why we must always trade with SL.

But, looking at EU, market has been sideway for few days. Look at D chart and that big mother bar of 17 Apr. Follow by several small range days.
TDI cross down , so we are SELL bias.

On H4, PA continues from last Friday, more to the D direction.
So if you are trading intraday, you can use the TOK_5H range for breakout trading. This you can see more clearly usinh H1 and M15 chart TF to see the PA.

Since D direction id down, we look for breakout to the Downside and we avoid the UPside breakout.
M15 show you how the trade could have been taken since TOK_5H is only 32pips, a good R.
But M15 is fast moving, you need to make fast decision. But as usual, the TDI is the entry and exit condition we use.

Just keep up with chart practice, and you will do good soon.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,952
  • Apr 23, 2013 5:38am Apr 23, 2013 5:38am
Quoting littlebunny
I read but don't post since you all trade 1 hour & 4 hour during London, & I trade the 30 minute chart during the New York session only (& occasionally early Tokyo). Haven't had enough coffee yet to find a joke, but best wishes anyway.
Yes, you reminded me of coffee. I smell the brewing already. I need a big one soon before I hit the road to cover more miles during daylight hours.

Cheers!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,953
  • Apr 23, 2013 5:43am Apr 23, 2013 5:43am
Quoting Jackub
{image} looks promising, waiting for candle to be closed..

Don't say I did not warn you.
Look at the W candle and the D chart, that may frigthen you to go BUY now on H4.
But this can be an early entry.
I am in already and will build up positions as it develops.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,954
  • Apr 23, 2013 5:46am Apr 23, 2013 5:46am
Quoting emmanuel7788
I see many same members viewing this thread and do not post anything. Please post something or at least share a joke to make me laugh and be happy. Please, just do it! .................post something ...
Hi Emmanuel and all others,

I'am one of those members which is reading, but do not post. The problem is that, I do not have what to share with you guys Still need to learn a lot of things and read a lot of posts Furthermore, I'am full time office worker, so I need to sit in front of PC 8 hours with mine daily job, but when I have 10 - 20 minutes of free time, I'am trying to understand price action and other tricky things of forex and ofcourse learn TMS from all of you
Thanks a lots for your contribution and post guys
  • #17,955
  • Edited 6:26am Apr 23, 2013 5:49am | Edited 6:26am
Quoting Jackub
{image} looks promising, waiting for candle to be closed..
I an on it, +13 by now, but that pivot zone ahead makes me thinking I would better close this trade....
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 11 KB
  • #17,956
  • Apr 23, 2013 5:51am Apr 23, 2013 5:51am
Quoting cristiansan
Anticipation is not a good thing when it comes about trading, but this time worked. The risk (SL) was very small. See red arrow on TDI, and smaller HA candles before taking off... {image}

I dont trade UJ but I think you maybe a bit too early on H4.
See if WPv 98.80 can support your trade.
manage well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,957
  • Apr 23, 2013 5:52am Apr 23, 2013 5:52am
Quoting emmanuel7788
I see many same members viewing this thread and do not post anything. Please post something or at least share a joke to make me laugh and be happy. Please, just do it! .................post something ...
Arrg... caught out...lol

Hi emmanuel... just lately ive fallen into the trap of not sticking with one strategy/system, trying to use small parts of other systems to fine tune, but usually deterimental to my account. Been examining other "forum" TDI systems.

Well, not doing too bad tonight GBCHF +44 pips, EU +50pips, USCHF +15 pips all swing trade H4

If you interested in my trades ill post..

By failing to prepare, you are preparing to fail - Benjamin Franklin
  • #17,958
  • Apr 23, 2013 5:58am Apr 23, 2013 5:58am
Quoting emmanuel7788
{quote} I dont trade UJ but I think you maybe a bit too early on H4. See if WPv 98.80 can support your trade. manage well.

I am in front of PC to see how it is going to close this H1 candle.

PS: possible DBHLC on EU, H1 chart
  • #17,959
  • Apr 23, 2013 5:58am Apr 23, 2013 5:58am
Quoting Arunaz
{quote} Hi Emmanuel and all others, I'am one of those members which is reading, but do not post. The problem is that, I do not have what to share with you guys Still need to learn a lot of things and read a lot of posts Furthermore, I'am full time office worker, so I need to sit in front of PC 8 hours with mine daily job, but when I have 10 - 20 minutes of free time, I'am trying to understand price action and other tricky things of forex and ofcourse learn TMS from all of you Thanks a lots for your contribution and post guys

Arunaz,

Thanks for your post.
There are many people like you who have full time day jobs. I was like that for almost 30 years until one day I decided to fire my boss. That was 2007.
But with that 10 to 20 minutes everyday you have, you can slowly pick up on how to trade TMS. It depends on your hours available to access online charts and the market hours, once you are comfortable with the timing, then decide if you to practice on H4 or even the D chart timeframe. This will hep you learn quicker and with preactice, practice, practice, .... you will make it one day and have a supplement second income, and you may even want to fire your boss.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,960
  • Apr 23, 2013 6:03am Apr 23, 2013 6:03am
Quoting cristiansan
{quote} I am in front of PC to see how it is going to close this H1 candle. PS: possible DBHLC on EU, H1 chart

UJ .. H1 is in your favour but still need support 98.80.

EU DBHLC is good, ... 1.2970 is support and day range quite filled up already.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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