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Trading Made Simple

  • #19,921
  • May 28, 2013 5:14am May 28, 2013 5:14am
Quoting thomi
{quote} yes I am a swing Pipsmurfer h4 so my first target 50% fibo week
That's the place where I'll close the next part of my position.
  • #19,922
  • May 28, 2013 5:38am May 28, 2013 5:38am
Quoting Pipsmurfer
{quote} Closed half position at + 24 pips, SL to BE + 10. Thomi are you still in this trade ?
stopped out at BE + 10 PIPs
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot002.png Size: 16 KB
  • #19,923
  • May 28, 2013 7:04am May 28, 2013 7:04am
Quoting Pipsmurfer
{quote} stopped out at BE + 10 PIPs {image}
the average day traded range is between 70 to 90 pips.
today already made 100pips, and there is no special event which will push this any higher.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,924
  • May 28, 2013 8:00am May 28, 2013 8:00am
Here is a training chart using USDCHF week 22 ...an example Price Action at Support and Resistance and TMS entry rulles.
Attached Image (click to enlarge)
Click to Enlarge Name: UChf week 22 training chart PASR 28-5-2013 10-54-12 PM.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,925
  • May 28, 2013 8:12am May 28, 2013 8:12am
Quoting emmanuel7788
Here is a training chart using USDCHF week 22 ...an example Price Action at Support and Resistance and TMS entry rulles. {image}
Excellent trade..... When you point out, I realized that I miss this one .. haha. Thanks for share
  • #19,926
  • May 28, 2013 8:20am May 28, 2013 8:20am
Some missed 4H TMS trade for EUR pairs:
Attached Image (click to enlarge)
Click to Enlarge Name: EUR pairs 28-5-2013 11-16-09 PM.png Size: 119 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,927
  • May 28, 2013 8:21am May 28, 2013 8:21am
More missed 4H TMS trade setups ..GBP pairs:
Attached Image (click to enlarge)
Click to Enlarge Name: GBP pairs 28-5-2013 11-18-31 PM.png Size: 119 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,928
  • May 28, 2013 8:25am May 28, 2013 8:25am
Those who asked me for the scripts to draw the EP SL and TPs, please use the ones posted here before:

Buy script:
http://www.forexfactory.com/attachme...mentid=1200155

Sell script:
http://www.forexfactory.com/attachme...mentid=1200157

Enjoy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,929
  • May 28, 2013 8:51am May 28, 2013 8:51am
Quoting emmanuel7788
More missed 4H TMS trade setups ..GBP pairs: {image}
M15 trade, PA break below two candle and pin bar formal , TDI bounce from TSL, MBL & also 50 line.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-05-28_2243.png Size: 40 KB
  • #19,930
  • May 28, 2013 9:22am May 28, 2013 9:22am
Quoting emmanuel7788
Some missed 4H TMS trade for EUR pairs: {image}
I already have two trade on EU pair, will update when trade close
  • #19,931
  • May 28, 2013 9:39am May 28, 2013 9:39am
Quoting emmanuel7788
Those who asked me for the scripts to draw the EP SL and TPs, please use the ones posted here before: Buy script:http://www.forexfactory.com/attachme...mentid=1200155 Sell script:http://www.forexfactory.com/attachme...mentid=1200157 Enjoy.

Thanks a Lot, Emmanuel !!!
  • #19,932
  • May 28, 2013 11:14am May 28, 2013 11:14am
Quoting Pervis
{quote} M15 trade, PA break below two candle and pin bar formal , TDI bounce from TSL, MBL & also 50 line. {image}
AAA+++ trade, oh I like those clean and to the point trade , wish you many many more green pips

Here is mine on EUR/USD , Entered short after positive USD news, double top and pullback candle, break of daily support brown line, and almost break below previous candles, TDI already crossed , exit the trade manually with + 30 pips

Good luck to you all
Attached Image (click to enlarge)
Click to Enlarge Name: 5-28-2013_winner.jpg Size: 279 KB
I Have Learned to Take Some Losses to Make Profits
  • #19,933
  • May 28, 2013 12:03pm May 28, 2013 12:03pm
Good evening to everybody !

Maybe my first post was not seen because of moderating purpose. This my 2nd.
Mai 27 at 23 hours gmt, I was in front of a possible entry for aud-chf. What would you do in this situation ?


Aud-chf H4. The white line could be the signal to go long.
Attached Image


But ……………

- H4 PA is up when Weekly trend is down (is it ?). What about the Daily ?

Attached Image


but again ...

-the 23pm candle and preceding ones are small
-PA was just ranging over the support line
-The slope of TDI is not very steep
-The trade has to be monitored all night
-H1 does not confirm (yet)

In fact I did not take the trade simply because I did not want to monitor all night and H1 dit not confirm at the time.

Still PA went up dozen of pips, the trade could have been a winner.

Attached Image


I am never sure of what the trend really is. In spite of the great pic of Emmanuel. On the daily chart it goes down, so trend is down, but there is a Resistance and the day PA shot up. What is the trend then on H4 ? alltogether would you have taken the risk ?

  • #19,934
  • May 28, 2013 1:00pm May 28, 2013 1:00pm
Quoting sdff
Good evening to everybody ! Maybe my first post was not seen because of moderating purpose. This my 2nd.Mai 27 at 23 hours gmt, I was in front of a possible entry for aud-chf. What would you do in this situation ? Aud-chf H4. The white line could be the signal to go long.{image} But ……………- H4 PA is up when Weekly trend is down (is it ?). What about the Daily ?{image} but again ...-the 23pm candle and preceding ones are small-PA was just ranging over the support line-The slope of TDI is not very steep-The trade has to be monitored all night-H1 does...
Hi sdff,
I would not have taken this trade.

reasons:

  1. counter trend is not my friend!!!
  2. the cross of TDI has been several bars befor
  3. angel is to flat for me at the first green candle (the second looks better) - have a look at the "TMS-clock":

Attached Image


Cheers Bernhard
  • #19,935
  • Edited 7:26pm May 28, 2013 4:43pm | Edited 7:26pm
Quoting sdff
Good evening to everybody ! Maybe my first post was not seen because of moderating purpose. This my 2nd.Mai 27 at 23 hours gmt, I was in front of a possible entry for aud-chf. What would you do in this situation ? Aud-chf H4. The white line could be the signal to go long.{image} But ……………- H4 PA is up when Weekly trend is down (is it ?). What about the Daily ?{image} but again ...-the 23pm candle and preceding ones are small-PA was just ranging over the support line-The slope of TDI is not very steep-The trade has to be monitored all night-H1 does...

Hi sdff,

Good post!

You are right, FF moderator will check your first few post before your post get seen by others here.

AUDCHF - I don't trade this pair. Matter of fact I stopped trading the CHF cross pair since that time when it was peg to EUR 1.200. I still trade USDCHF. but I stay away when SNB announcement and their interventions are usually very brutal to traders who are not aware of its annoucements.

Anyway, since you posted AUDCHF, I took a few minutes and do the Big Picture plan which I will post here.

Look for my next post.

Regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,936
  • May 28, 2013 4:44pm May 28, 2013 4:44pm
AUDCHF Big picture planning specially for member sdff.

Start with Monthly Line Chart:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF MN Line Chart 29-5-2013 5-56-21 AM.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,937
  • May 28, 2013 4:47pm May 28, 2013 4:47pm
Big Picture planning:

Having done your MN Line chart work,

now look at MN Candlestick chart-
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF MN Candlestick chart 29-5-2013 5-57-33 AM.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,938
  • May 28, 2013 4:48pm May 28, 2013 4:48pm
Big Picture planning:

Next, switch to Weekly Line chart and do this....
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF W1 Line chart 29-5-2013 6-02-11 AM.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,939
  • May 28, 2013 4:50pm May 28, 2013 4:50pm
Big Picture planning:

Having done the Weekly Line chart, you switch to Weekly Candlestick chart and do this-
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF W1 Candlestock chart 29-5-2013 6-03-21 AM.png Size: 83 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,940
  • May 28, 2013 4:52pm May 28, 2013 4:52pm
Big Picture planning:

The next logical step it to go down to the next lower TF ... the D chart
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF D Candlestick chart 29-5-2013 6-04-40 AM.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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