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Trading Made Simple

  • #18,041
  • Apr 24, 2013 3:22am Apr 24, 2013 3:22am
Quoting wizard99
For some reason I feel like I might have screwed this one up. I still question my analysis. Time will tell {image}

what is important is what were you thinking when you see that chart setup condition.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,042
  • Apr 24, 2013 3:24am Apr 24, 2013 3:24am
Quoting emmanuel7788
{quote} Ryanlum, Please post your charts so we can see the time and where your entries. You need to give time for your trade to 'breathe'. You cannot price to move immediately in your direction after your entry. Just think, when you buy, others will be selling against you. Trade Well.
Hi emmanuel,

I entered 2 trades, both hit SL of 40 pips. But just look at the highest one

Any advice for this?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 20130424-LO.png Size: 27 KB
  • #18,043
  • Apr 24, 2013 3:31am Apr 24, 2013 3:31am
Quoting ryanlum
{quote} I entered 2 trades, both hit SL of 40 pips. But just look at the highest one Any advice for this? Thanks {image}


I don't really have advice... since TDI is lagging behind the price and hence you have these losses and the fakes usually appear before LO.

I'm waiting for long signal to show on EU and short on GJ/UJ... dont listen to me though, I'm still trying to recover my $250 bucks or so from last Monday when everyone here got pips except me haha....
back... and more dangerous.
  • #18,044
  • Apr 24, 2013 3:33am Apr 24, 2013 3:33am
Quoting kbp
{quote} I don't really have advice... since TDI is lagging behind the price and hence you have these losses and the fakes usually appear before LO. I'm waiting for long signal to show on EU and short on GJ/UJ... dont listen to me though, I'm still trying to recover my $250 bucks or so from last Monday when everyone here got pips except me haha....
Speaking about Fakes... Is it better to enter on the 2nd or 3rd candle or the 4th after LO open?

advices pls from the gurus

thanks
  • #18,045
  • Apr 24, 2013 3:40am Apr 24, 2013 3:40am
Quoting ryanlum
{quote} Hi emmanuel, I entered 2 trades, both hit SL of 40 pips. But just look at the highest one Any advice for this? Thanks {image}
http://www.forexfactory.com/attachme...1&d=1366791879

One look at your chart, I see you have a serious problem how you trade.

Before I write comments about your trades and think of ways to help you, let me ask you
- what is your age?

You can lie about your age, but then your answer to my next question coming up will tell me if you had lied.

ok, now tell me you age, please.

Regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,046
  • Apr 24, 2013 3:41am Apr 24, 2013 3:41am
Quoting ryanlum
{quote} Hi emmanuel, I entered 2 trades, both hit SL of 40 pips. But just look at the highest one Any advice for this? Thanks {image}
Mate, you obviously haven't read the posts in this thread...

Emmanuel isn't here to be everyones personal coach.

Eelfranz often said to have crosses between 12 - 2 and 4-6 on clock face, yours were definately not.

Many other reasons I wouldn't have taken this trade but you will find that out for yourself if you go through the posts ;-)
@pawpaw1000 on Twitter
  • #18,047
  • Apr 24, 2013 3:44am Apr 24, 2013 3:44am
Long GU and EU
@pawpaw1000 on Twitter
  • #18,048
  • Apr 24, 2013 3:46am Apr 24, 2013 3:46am
Quoting emmanuel7788
{quote} {image} One look at your chart, I see you have a serious problem how you trade. Before I write comments about your trades and think of ways to help you, let me ask you - what is your age? You can lie about your age, but then your answer to my next question coming up will tell me if you had lied. ok, now tell me you age, please. Regards, EMMANUEL
Hi Emmanuel,

My age is 29.

During the time LO open (The first candle), TDI was pointing upwards at a 12-2 oclock angle. At that particular time, instead of rushing into the trade, i set a Buy Stop to activate after it cross the previous high by 3-5 pips. After it closed, the TDI changed to what it was now

After that it reversed.

The 2nd entry was a test entry.. please ignore that.. lets look at the highest one

Thank you for your time

Edited:
---------------
Sorry i think its my mistake, first candle is normally a fakey.. will be more careful in the future

Thanks for helping out
  • #18,049
  • Apr 24, 2013 3:46am Apr 24, 2013 3:46am
EU 1.2970..

did I mention 1.2970 in one post above, I think Monday or yesterday...
with one huge D mother bar, H4 spining tops, triple H4 IBs something BIG is brewing ......
have your money ready

PATIENCE and TIMING
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,050
  • Apr 24, 2013 3:48am Apr 24, 2013 3:48am
TMS Family members ...
Attached Image (click to enlarge)
Click to Enlarge Name: TMS viewers and members 24-4-2013 4-23-36 PM.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,051
  • Apr 24, 2013 3:59am Apr 24, 2013 3:59am
Not looking good ....LOL
Attached Image (click to enlarge)
Click to Enlarge Name: EJ update.GIF Size: 30 KB
  • #18,052
  • Apr 24, 2013 4:06am Apr 24, 2013 4:06am
duh... just went a way for a while and EU jumped up before the candle close...
...need to fine tune trading skill by using the M15 method x-man recommended me instead...
back... and more dangerous.
  • #18,053
  • Apr 24, 2013 4:06am Apr 24, 2013 4:06am
Hey guys,

I am sorry for asking such dumb question but I see here somebody mentioned that we should enter long only when the cross (green and red) happens above yellow line and vice verse?

Is it right or not?
Thank you in advance.
rade well.
Philip
  • #18,054
  • Apr 24, 2013 4:06am Apr 24, 2013 4:06am
Quoting emmanuel7788
{quote} Pervis, Let me work out a template on Big Picture planning at end of this week after Friday NY close and we shall use that for next week's trading. You choose a currency pair and let me know, then we are in business...OK? Now, I ask you all, how many of you want to do Big Picture planning the way I do it? Regards, EMMANUEL
Big picture always the question in my mind..
I'm very happy when I got this messenger from you. So, can we use GBPUSD for next plan?

Thanks you, Emmanuel
  • #18,055
  • Apr 24, 2013 4:09am Apr 24, 2013 4:09am
Quoting pawpaw1000
Long GU and EU
Yep I'm long GU too.
  • #18,056
  • Apr 24, 2013 4:10am Apr 24, 2013 4:10am
GBPUSD - let see how it develop
Attached Image (click to enlarge)
Click to Enlarge Name: 4-24-2013 3-48-23 PM.jpg Size: 177 KB
  • #18,057
  • Apr 24, 2013 4:12am Apr 24, 2013 4:12am
Quoting Pervis
Let see how it develop {image}
what pair is it? need to include pair in ss
back... and more dangerous.
  • #18,058
  • Apr 24, 2013 4:12am Apr 24, 2013 4:12am
Quoting vody105
Hey guys, I am sorry for asking such dumb question but I see here somebody mentioned that we should enter long only when the cross (green and red) happens above yellow line and vice verse? Is it right or not? Thank you in advance. rade well. Philip
Read big E's rules page 1 he doesn't use the yellow line just green crossing red 12-2 or 4-6
  • #18,059
  • Apr 24, 2013 4:12am Apr 24, 2013 4:12am
Quoting emmanuel7788
EU 1.2970.. did I mention 1.2970 in one post above, I think Monday or yesterday... with one huge D mother bar, H4 spining tops, triple H4 IBs something BIG is brewing ...... have your money ready PATIENCE and TIMING
Looking at the rejection of the lows on that last H1 bar and my Upside bias I'd be betting that we will see 3130 quite soon.

Not even the bad news could push us down
@pawpaw1000 on Twitter
  • #18,060
  • Apr 24, 2013 4:12am Apr 24, 2013 4:12am
Quoting kbp
{quote} what pair is it? need to include pair in ss
Sorry, re-edit the post
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