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Trading Made Simple

  • #18,901
  • May 8, 2013 4:17am May 8, 2013 4:17am
Quoting Jackub
{quote} Thank You Emmanuel, you even answered already my next question I was going to ask!!

Usually I am one candle ahead of other people....

You are always welcome to ask me any questions I love challenges and competitiveness ... keeps me fit like a sportsman.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,902
  • May 8, 2013 4:20am May 8, 2013 4:20am
Quoting gegeorge
Is it just me, or is the market sleeping today?

what moves the market?

it need some stimulus, while it sleeps we back-test on our charts.

and be prepared when the sleeping tiger wakes up... just don't disturb the sleeping tiger.... never a good idea.

you be the hidden dragon and wait for the crouching tiger...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,903
  • May 8, 2013 4:24am May 8, 2013 4:24am
Quoting okanemici
Hi Emmanuel & Guys, I happened to see this possible reversal on AUDNZD.This made a very long down wick today and closing high.By wednesday and thursday aud and nzd data this could be my very possible reversal lottery to you all Regards, Okan {image} {image} {image}

Thank, okanemici, that was a realy great oportunity, although i missed it.

Do you think that there is any chance for reentering in this or not?
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  • #18,904
  • May 8, 2013 4:25am May 8, 2013 4:25am
Quoting kbp
with TMS method, is there anything wrong with this trade except the counter trend part? {image}

fundamentally with lowered aussie rate at 2.75%, investors flock to loonie to seek comfort.
both are commodity currencies...
AC will make new lows.... until bad news comes out of the maple country.

sell only for now.
sell the LTF rallies.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,905
  • May 8, 2013 4:35am May 8, 2013 4:35am
Hi Guys,
Hope everyone is good!

Bit tired tonight so not seeing much...

Trade opened.
USDCHF

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GBPUSD from 6/05
Nice 4% gain..slept through first tp of 1R. Closed all at 2R

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  • #18,906
  • Edited 6:11am May 8, 2013 4:59am | Edited 6:11am
emmanuel7788,

There is this one important question that returns to me like a boomerang. Would you be that kind and take a look at it?:

Post number 17596


By the way, SL at BE hit on AU.

Thanks!
M.
Remember I'm a newbie!
  • #18,907
  • May 8, 2013 4:59am May 8, 2013 4:59am
Anyone thinking og going Long on this one?
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  • #18,908
  • May 8, 2013 5:16am May 8, 2013 5:16am
Helllo everyone !
First time posting in this thread, after such a long read. Have not read it all yet, will have to re-read everything but I think it's time for some practicing. Nothing better than practicing with some live money I think ( even if it's just micro-micro-micro amounts ).

Love those post of Emmanuel, can't be indifferent to his knowledge and expertise. Sad to read that Eelfranz died. A struggle inside me : Should I choose for the simplicity of Eelfranz or the precision of Emmanuel mmmm ... Still so much to learn but lets go !

This was my first set-up traded.

This trade was from a H1 chart. D and W chart where up, so only looking for bullish move. Draw the Tok_5h box. There was a break-out south but only looking for bullish and no TDI cross. Bullish candle formed, up thrust is present, TDI cross with good enough angle so entered trade at the frontier of the Tok_5h box.

SL = Under Up Thrust candle and TP = Just under Previous week 127%

I focussed on the trade setup. Next time I'll take care of the managing too. ( Multiple TP )

I closed the trade at half the targetted TP, still working on mental with Dr Elder

Any comments ?

EDIT: Fib 127 reached with ease, ALWAYS follow your plan stupid
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Don’t ever let someone tell you that you can’t do something.
  • #18,909
  • May 8, 2013 5:27am May 8, 2013 5:27am
Hello trader, do you want to take this trade?

Triple bottom, MBL up, 50% last swing and TDI confirm
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  • #18,910
  • May 8, 2013 5:33am May 8, 2013 5:33am
Quoting gegeorge
Anyone thinking og going Long on this one? {image}
Looks fine to me, but my candle closes at different times. I personally cannot find a reason why not to go long on this one. The only but is the time of the day. I would trade it setup bar would close at 10:00 GMT or at 14:00 GMT (Big-E traded H1 by then, but I test H4 as well). But it doesn't.

Best luck!
M.
Remember I'm a newbie!
  • #18,911
  • May 8, 2013 5:35am May 8, 2013 5:35am
Quoting Pervis
Hello trader, do you want to take this trade? Triple bottom, MBL up, 50% last swing and TDI confirm {image}
I'm also paying close attention to this one. Unfortunately, my bar closes in 90minutes (14:00 GMT).

Cheers!
M.
Remember I'm a newbie!
  • #18,912
  • May 8, 2013 5:58am May 8, 2013 5:58am
Is there any way I can put the stochastic indicator in the same window as the TDI indicator.
I need to make space for my candles.
  • #18,913
  • May 8, 2013 6:00am May 8, 2013 6:00am
Quoting redfan
Is there any way I can put the stochastic indicator in the same window as the TDI indicator. I need to make space for my candles.
Just drag and drop from Navigator to the TDI window...
JacekPreserve Precious Capital
  • #18,914
  • May 8, 2013 6:00am May 8, 2013 6:00am
Quoting Pervis
Hello trader, do you want to take this trade? Triple bottom, MBL up, 50% last swing and TDI confirm {image}
H1 looks more like a inverted Head and Shoulders (H&S) and with a shoulder line/ Trendline, that could ba a good H1 trade with some good pips.

if trading H4, there is no clear A-type setup seem yet.

Take a look at D chart, can you see April month has two strong D close? that is an important S&R very prominent. If news drives PA up, it will be a good Buy .

Good Trading !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,915
  • May 8, 2013 6:10am May 8, 2013 6:10am
Quoting mierzyk
emmanuel7788, There is this one important question that returns to me like a boomerang. Would you be that kind and take a look at it?: 6610358 By the way, SL at BE hit on AU. Thanks! M.

what is that number 6610358?.... some kind of secret code between you and I?

AU hit SL ??? hmmmm? was there CONTINUATION for sell on H4?

I need to get back to my usual PC soon. This Android 10" tablet thingy is killing my eyes.

Back in ~ one hour ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,916
  • May 8, 2013 6:12am May 8, 2013 6:12am
That was ID of the post. Changed the description. Hyperlink should work ok.
I have set SL at BE after 10:00 GMT. SL was eventually hit. Now the price levitates ~15 pips above my BE line.
Cheers!
M.
Remember I'm a newbie!
  • #18,917
  • May 8, 2013 6:24am May 8, 2013 6:24am
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Emmanual Please show me Upthrust Bar , Then i ll know what to do ,
  • #18,918
  • May 8, 2013 6:28am May 8, 2013 6:28am
Quoting gegeorge
Anyone thinking og going Long on this one? {image}
I am long on this one, entered at 1.5478 currently 24 pips up moved to BE.

I hope this one is a runner
  • #18,919
  • May 8, 2013 6:31am May 8, 2013 6:31am
Quoting Pervis
Hello trader, do you want to take this trade? Triple bottom, MBL up, 50% last swing and TDI confirm {image}
EURJPY looks very similar which I have just gone long on as the spread is less for me.

Could it be the start of wave 4 according to that pdf book emmanuel posted yesterday?

Regards

Adam
  • #18,920
  • May 8, 2013 6:35am May 8, 2013 6:35am
Quoting terminator12
{image} Emmanual Please show me Upthrust Bar , Then i ll know what to do ,
As far as I understand it, (the setup) bar needs to close above the previous bar high (in case of upward momentum). For a moment put aside synergy bars and operate only on classic bars. Consider last 5 (from the right side) bars marked with dark green arrow. Only the second one (from the right side) is not an upthrust bar, because its close is below previous bar high.

Hope I'm right and hope that helps
M.
Remember I'm a newbie!
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