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Trading Made Simple

  • #19,581
  • May 22, 2013 3:11am May 22, 2013 3:11am
Here is some fun with M15 chart trading.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 22 May M15 example 22-5-2013 4-00-53 PM.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,582
  • May 22, 2013 3:16am May 22, 2013 3:16am
Quoting Amirsaid
{quote} Thanks alot for your advising and helping iŽll retry again but as an investor buy daily chart 4hr and 1 hr with my humble analysis and if i am not correct way please tell me thanks and have a nice day from spain

Hi Amirsaid,

We all do our own analysis in different ways. We must believe our own analysis and that must be correct based on what we see on our charts and how we interpret what wee see. Only the market can prove our analysis wrong.
Have faith in your own analysis. What is more important is the approach we use when we do our analysis and we must maintain a consistent approach all the time.

regards
EMMANUEL
.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,583
  • May 22, 2013 3:18am May 22, 2013 3:18am
Quoting emmanuel7788
{quote} Just hold EJ as long as you can... it will make it up to 135.00 . I am holding my trades until I see a reversal.
i have no doubt it can go as high as 135. however i see an immediate R at 133.50 so for tonight my target tp is at 133.40
totally planning on taking the pip and hiding it under the pillow hahahah.
Seriously though, i don't have that patience to hold on trades too long. it messes with my mind specially since i have classes on daytime and i cant bring my lappy and monitor trades with it or and i hate to see retrace during Sydney and Tokyo time when im holding winning trades.
Daniel
  • #19,584
  • May 22, 2013 3:24am May 22, 2013 3:24am
Quoting emmanuel7788
Here is some fun with M15 chart trading. {image}
since you posted a fun one with M15, i have one that's on 1H TF. Shame i didn't managed to see it in time
Attached Image (click to enlarge)
Click to Enlarge Name: au 1h 23-5-2013.gif Size: 54 KB
Daniel
  • #19,585
  • May 22, 2013 3:29am May 22, 2013 3:29am
Quoting Greenb
{quote} i have no doubt it can go as high as 135. however i see an immediate R at 133.50 so for tonight my target tp is at 133.40 totally planning on taking the pip and hiding it under the pillow hahahah. Seriously though, i don't have that patience to hold on trades too long. it messes with my mind specially since i have classes on daytime and i cant bring my lappy and monitor trades with it or and i hate to see retrace during Sydney and Tokyo time when im holding winning trades.

Now I can show you my EJ entries. It is about entry and exits. Scale out and bank-in profits then let it ride the trend up.

Abeconomics at work and I'll wait and listen to BoJ Kuroda what he says today and how investors will react to his delivery today.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ week 22 update 22-5-2013 4-22-22 PM.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,586
  • May 22, 2013 3:33am May 22, 2013 3:33am
Quoting Greenb
{quote} since you posted a fun one with M15, i have one that's on 1H TF. Shame i didn't managed to see it in time {image}

AU... this one I shorted too. Why?

Nice PA below Prev D Fib50% perfect intraday type of trade.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,587
  • May 22, 2013 3:34am May 22, 2013 3:34am
Quoting emmanuel7788
{quote} Now I can show you my EJ entries. It is about entry and exits. Scale out and bank-in profits then let it ride the trend up. Abeconomics at work and I'll wait and listen to BoJ Kuroda what he says today and how investors will react to his delivery today. {image}
looking at your chart, i sort of understand why you add position on 131.80. but i don't know why you add another position at 132.05.
do you mind sharing your reason? and was that using limit order?

EDIT: yikess...too much posting and miss GBP news...60 pips drop too...
Daniel
  • #19,588
  • May 22, 2013 3:56am May 22, 2013 3:56am
Quoting Greenb
{quote} looking at your chart, i sort of understand why you add position on 131.80. but i don't know why you add another position at 132.05. do you mind sharing your reason? and was that using limit order? EDIT: yikess...too much posting and miss GBP news...60 pips drop too...

these two entries were based on using averaging price entries - first entry was 132.05 the when price pullback, I made another entry at lower price 131.80 to add up to full risk of 3%.

Building Position method, but in this case, there were already banked-in profits, so it is stress free.
Attached File(s)
File Type: pdf How to Build a Position.pdf   3.1 MB | 3,019 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,589
  • May 22, 2013 4:04am May 22, 2013 4:04am
Quoting emmanuel7788
EJ Week 20 Big Picture update for next week' trading: Now your job is to complete the Weekly chart update with W S&R and make your trade plan for next week. Check you FF Calendar for major news / data release and plan you trading day for EJ..... 100pips next week. Have a Good Weekend. {image}
http://www.forexfactory.com/attachme...1&d=1368839375

in case you missed this post last week, here it is again.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,590
  • May 22, 2013 4:13am May 22, 2013 4:13am
whats the newest update on this system ? im hearing s&r, etc being added. update me on the updates please !!
  • #19,591
  • May 22, 2013 4:14am May 22, 2013 4:14am
Quoting emmanuel7788
{quote} {image} in case you missed this post last week, here it is again.
i've seen this post. But thanks for refreshing my memories. can't think much after 1 AM. matter of fact, i think im going to cat nap and check every few minutes before new 1h candle.
unless there is drastic change, ill be back sometimes around NY market.
Daniel
  • #19,592
  • May 22, 2013 4:28am May 22, 2013 4:28am
Quoting rxJano
whats the newest update on this system ? im hearing s&r, etc being added. update me on the updates please !!

s&r has always been used by Big E

read his posts and you will hear him mention Supp/Res
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,593
  • May 22, 2013 5:00am May 22, 2013 5:00am
EURNZD week 21 H4 trade partial closed.

Here is one classic TMS 4H trade done yesterday.
TDI cross UP
APB/HA candle#2 entry
PA above Prev W Fib 50% with a good APB/HA candle#1 UPthrust bar.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Week 21 H4 trade update TP1 22-5-2013 5-53-43 PM.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,594
  • May 22, 2013 6:21am May 22, 2013 6:21am
very quiet ... nobody is posting anything...

I might as well go back to bed and enjoy some dreams.

Good Trading folks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,595
  • May 22, 2013 8:04am May 22, 2013 8:04am
I was thinking this for a while. It'd be great to use skype and be all in conference. Would be interesting to hear people thoughts....or a live chat in skype... trading is lonely!
  • #19,596
  • May 22, 2013 8:51am May 22, 2013 8:51am
Quoting Greenb
{quote} Hi Emmanuel, didnt see anything on 4h tf also. however im in EJ trade for now. though EU certainly has my attention too. Probably wait for a pull back on that hourly candle before going long also. GJ also looking a bit bull on my 4h tf at the moment. although this candle close in 1h 9 mins. not sure if it will stay nice as we have some news for GBP in 38 mins Greenb EDIT: EJ trade is a free trade now, sl at BE+1 {image}
trade hit TP, 73 pips in the pocket
Daniel
  • #19,597
  • May 22, 2013 9:49am May 22, 2013 9:49am
Here is an important post:
Attached Image (click to enlarge)
Click to Enlarge Name: Big E Post_261.png Size: 147 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,598
  • May 22, 2013 10:03am May 22, 2013 10:03am
Quoting emmanuel7788
Here is an important post: {image}
Emmanuel, in your own opinion, will you trade the recently closed EU/GU candle? looking at the candle, it looks very strong with lots of momentum. however ive read somewhere that a move like can't be sustained. is it safer to just stay out of the trade or wait for a pull back?
Daniel
  • #19,599
  • May 22, 2013 10:05am May 22, 2013 10:05am
Quoting emmanuel7788
{quote} Dutchy, Thanks for this post in reply to my EU trade setup question. Good points made. But MBL is not use in 4H swing trading. It is a filter some traders use in lower TF. On H4, we will lose some good opportunities when we use MBL as filter. Regards, EMMANUEL
Hi Emmanuel,

May I know what is MBL?

Any advice?

Thanks
Prominent88
  • #19,600
  • May 22, 2013 10:05am May 22, 2013 10:05am
Hi All,
It's been so long that I did not visit this forum.
Still studying this TMS System, which seems so simple, & always simple. Just don't overthink about it...
Previously, I was able to made my account grew from USD10 to USD50 in 3 weeks only.. that's more than 40%!!
But blew it when I harshly clicked to buy or sell, without waiting patiently... & there came MC!!

Now, I started again with USD10 (micro account)... in less than 2 weeks, made 120% profit... & this is a real micro account.
Just to boost up the forum again...
Attached Image (click to enlarge)
Click to Enlarge Name: Results since 07May2013.png Size: 20 KB
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