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Trading Made Simple

  • #18,621
  • May 3, 2013 2:32am May 3, 2013 2:32am
Hi Cfit,

How did you get stocs, in the same window at tdi ?

Nelly
  • #18,622
  • May 3, 2013 2:41am May 3, 2013 2:41am
Quoting Cfit
Hi, is it good time to enter nzdusd short H1? looks like price retraced to 61,8%fib. also closed slightly above prev D127% but reversed. APB colour change and tdi cross. stoch coming from overbought and divergence(?){image}

http://www.forexfactory.com/attachme...1&d=1367566145

Cfit,

you are getting good at this now.

Welldone.

Trade and manage well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,623
  • May 3, 2013 2:44am May 3, 2013 2:44am
Quoting Nellycopter
Hi Cfit, How did you get stocs, in the same window at tdi ? Nelly
hi nelly.
from navigator window-indicators find the stoch, then drag and trop it to tdi window
  • #18,624
  • May 3, 2013 2:45am May 3, 2013 2:45am
Quoting Nellycopter
Hi Cfit, How did you get stocs, in the same window at tdi ? Nelly

I know this one too...

just click and drag any indicator into the same indicator window you wnat to see...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,625
  • May 3, 2013 2:54am May 3, 2013 2:54am
Quoting emmanuel7788
{quote} {image} Cfit, you are getting good at this now. Welldone. Trade and manage well.
thank you emmanuel,
still unsure where my tp should be. im thinking .8505 as it was resistance before and also 38,2fib.
price has done hh hl hh so it probaby can go north again soon?
  • #18,626
  • May 3, 2013 2:59am May 3, 2013 2:59am
Thanks guys,

I am today back to basics, as I've had my arse kicked by the market all week,
I know where I went wrong, I added all sorts of indicators as seen on other people's charts on here, to my demise.....
I was doing ok as a newbie following the simple rules but as I have said before read a little too much into things,
As Big E put it all the BS......

Nelly
  • #18,627
  • May 3, 2013 3:02am May 3, 2013 3:02am
is this a valid cross ??
Attached Image (click to enlarge)
Click to Enlarge Name: euraudh4.png Size: 47 KB
  • #18,628
  • May 3, 2013 3:02am May 3, 2013 3:02am
Quoting Cfit
{quote} thank you emmanuel, still unsure where my tp should be. im thinking .8505 as it was resistance before and also 38,2fib. price has done hh hl hh so it probaby can go north again soon?
yesterday was a pretty narrow range traded.

you have the next BRN .8500 bit I don't se any S&R CONFLUENCE so PA may just push right through that level.
Next possible TP 0.8480 region
then further down to 0.8460
then yestersdays Low and RN 0.8450

only proper management will get you a far as market witll take you.

now you have to manage that beast inside you ---- fear and greed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,629
  • May 3, 2013 3:04am May 3, 2013 3:04am
Emmanuel now I have mastered how to post a chart I could really do with some pointers to get me back to the basics, and back on track please ?

nelly
  • #18,630
  • May 3, 2013 3:09am May 3, 2013 3:09am
Quoting emmanuel7788
{quote} nice chart. you buy at a premium price when you chase after that long H1 candle. you know the RN 128.50 is there, so expect some reaction at RN. since you want to buy, you must wait for s discounted price, wait for Fib-r 38/50 of that H1 candle and you will get a good entry price with smaller initial SL . be careful, this is a very volatile pair ... one H1 candle can hit you 35 pips . 50pips SL wont work at this time of the session. 105pips initial SL make it less attractive R:R to trade on H1. I am look at TP at 128.70 and 128.90 region....
yeah i noticed that both EJ and GJ are very volatile. it is actually the reason why i want to trade them.
as for sl, im actually using the APB candle as my sl also the TDI. still following the rule to exit when it hook
and looks like Ej cleared 128.50 but is now fighting around 128.70.
assuming that price breaks 128.70 and hit 128.90 by end of hour, i will leave it on and see if it can break 129.20 lvl
if it breaks that too, then it will be 129.50
im trying to let the winner run till its exhausted. netted 30 pips last 2 days just for the reason of not letting trades run
Daniel
  • #18,631
  • May 3, 2013 3:10am May 3, 2013 3:10am
Quoting Nellycopter
is this a valid cross ?? {image}

that current H4 candle not close yet....

the last H4 is a huge H4 candle with a lot of Up thrust ... closing with small upper wick and way above the previous 3 candles.so right now on your chart, we are in candle #2 but I wnat a better price for entry....

look to your left, do you see prev week high?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,632
  • May 3, 2013 3:15am May 3, 2013 3:15am
Quoting Greenb
{quote} yeah i noticed that both EJ and GJ are very volatile. it is actually the reason why i want to trade them. as for sl, im actually using the APB candle as my sl also the TDI. still following the rule to exit when it hook and looks like Ej cleared 128.50 but is now fighting around 128.70. assuming that price breaks 128.70 and hit 128.90 by end of hour, i will leave it on and see if it can break 129.20 lvl if it breaks that too, then it will be 129.50 im trying to let the winner run till its exhausted. netted 30 pips last 2 days just for the...

the prev H1 candle close right on 128.70 ... Prev D Fib 50%...

also thae cnadle has Up thrust ... small upper wick.

128.90 is critical, must see strong PA to break up wards higher.

this is good sign you can extend TP as PA and APB/HA show the way.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,633
  • May 3, 2013 3:17am May 3, 2013 3:17am
Quoting Nellycopter
Emmanuel now I have mastered how to post a chart I could really do with some pointers to get me back to the basics, and back on track please ? nelly
sure, as long as you and others post your charts with trades, I will be here to make my 2cents commentary.

I see 3 good traders wth good trades today.

where are the others 50 viewing this thread everyday?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,634
  • May 3, 2013 3:19am May 3, 2013 3:19am
Emmanuel,
This is the new candle at 9.00am uk time, it being candle no 2
Price is actually going up now and the cross of green red is more so,
I see what you mean about last week high which is my blue line SR marked on a daily chart,
  • #18,635
  • May 3, 2013 3:27am May 3, 2013 3:27am
Emmanuel, I don't understand what you mean with


the last H4 is a huge H4 candle with a lot of Up thrust ... closing with small upper wick and way above the previous 3 candles.so right now on your chart, we are in candle #2

the candle prior is a doji type candle with big upper and lower wick, am I looking at the right one ???
  • #18,636
  • May 3, 2013 3:29am May 3, 2013 3:29am
took this trade at the 9.00am candle as I thought (thought ) it was ok set up .
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 54 KB
  • #18,637
  • May 3, 2013 3:29am May 3, 2013 3:29am
Quoting emmanuel7788
{quote} sure, as long as you and others post your charts with trades, I will be here to make my 2cents commentary. I see 3 good traders wth good trades today. where are the others 50 viewing this thread everyday?
Thanks alot for your anlysis posts (are you not sleeping? I saw you this morning when I went to work (Melbourne time) and just arrived home and you're still here )

Finally EJ got out of news' shadow and returns to its usual behaviour.
back... and more dangerous.
  • #18,638
  • May 3, 2013 3:33am May 3, 2013 3:33am
Quoting kbp
{quote} Thanks alot for your anlysis posts (are you not sleeping? I saw you this morning when I went to work (Melbourne time) and just arrived home and you're still here ) Finally EJ got out of news' shadow and returns to its usual behaviour.

yes, it is my bedime soon.... I trained myself to sleep in 4-hours slot... hard life trading TMS 4H .... .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,639
  • May 3, 2013 3:34am May 3, 2013 3:34am
hmmm, not really liking that last 15mins candle on EJ
it feels like bull is exhausted.
add in to news release on EU economic forecast in 27 mins and also PPI

EDIT*
nvm, +10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: ejbuy15.gif Size: 41 KB
Daniel
  • #18,640
  • May 3, 2013 3:34am May 3, 2013 3:34am
Quoting Nellycopter
took this trade at the 9.00am candle as I thought (thought ) it was ok set up . {image}

Nelly,

I cannot make out the candles on your chart. What is your broker server time?
which broker?
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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