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Trading Made Simple for Day Charts

  • #1,501
  • Jun 23, 2013 3:55pm Jun 23, 2013 3:55pm
Thought I'd put up a chart of my E/U trades for thought and comment. The only regret was getting nervous and closing the final short on Friday, along with two on the G/U, when areversal occurred on the 4H chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 24-6.png Size: 94 KB
  • #1,502
  • Jun 23, 2013 3:57pm Jun 23, 2013 3:57pm
Friday's 4H
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4 24-6.png Size: 70 KB
  • #1,503
  • Jun 25, 2013 3:25am Jun 25, 2013 3:25am
usdcad 4hr sell at 1.04999 looking for turn around on daily.
  • #1,504
  • Jun 25, 2013 6:49am Jun 25, 2013 6:49am
Quoting suzy
usdcad 4hr sell at 1.04999 looking for turn around on daily.
Looks good with a fractal low break
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadh4 6-25-2013.png Size: 48 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #1,505
  • Jun 25, 2013 6:49am Jun 25, 2013 6:49am
AU looking to break north
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh4 6-25-2013.png Size: 57 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #1,506
  • Jun 25, 2013 3:54pm Jun 25, 2013 3:54pm
Quoting Britpip7
{quote} Looks good with a fractal low break {image}

Daily upmove is still hugely strong though
Attached Image (click to enlarge)
Click to Enlarge Name: usdcaddaily.png Size: 113 KB
  • #1,507
  • Jun 25, 2013 11:27pm Jun 25, 2013 11:27pm
Quoting Buttonjock
{quote} Daily upmove is still hugely strong though {image}
Looks like most pairs are going sideways right now - nothing new worth watching.
"To live with Passion, it takes Courage and Grace to survive"
  • #1,508
  • Jun 26, 2013 5:07pm Jun 26, 2013 5:07pm
Quoting Britpip7
Just in case any of you wanted to test this out - here's the template file and a screenshot of the active indicators {file} {image}
Hi Britpip just looking into your new template, where do I get the daily lines boxes and cross arrow wit alerts indicators from? Did a google and got nothing.
Thanks
  • #1,509
  • Jun 26, 2013 5:14pm Jun 26, 2013 5:14pm
Quoting Britpip7
{quote} Looks good with a fractal low break {image}

Short looking a lot more promising. Weekly currently forming a doji
  • #1,510
  • Jun 27, 2013 9:44am Jun 27, 2013 9:44am
Quoting Buttonjock
{quote} Hi Britpip just looking into your new template, where do I get the daily lines boxes and cross arrow wit alerts indicators from? Did a google and got nothing. Thanks
Attached

I have this set on H4 and lower to track the new day candle / Asian high/low
Attached Image (click to enlarge)
Click to Enlarge Name: Indicators.gif Size: 90 KB
Attached Image
Attached File(s)
File Type: ex4 Daily_LinesBoxes_OC(1).ex4   45 KB | 379 downloads
File Type: mq4 Daily_LinesBoxes_OC(1).mq4   69 KB | 498 downloads
"To live with Passion, it takes Courage and Grace to survive"
  • #1,511
  • Jun 29, 2013 5:33am Jun 29, 2013 5:33am
Hi Guys,

i have moved across from the TMS H4 thread as i dont have the time on charts these days,
can i ask - what settings you use for the MTF RSI bar graph ?
i think the daily TF may suit my needs,
i have read everything front to back and ready to trade Monday.

many thanks

nelly
  • #1,512
  • Jun 29, 2013 10:58am Jun 29, 2013 10:58am
Quoting Nellycopter
Hi Guys, i have moved across from the TMS H4 thread as i dont have the time on charts these days, can i ask - what settings you use for the MTF RSI bar graph ? i think the daily TF may suit my needs, i have read everything front to back and ready to trade Monday. many thanks nelly
Be careful tradng next week as there is some big news events, 4th of July holiday in the US and NFP Fri. Personally I'm taking the week off but others may find decent trades.
  • #1,513
  • Jun 29, 2013 4:10pm Jun 29, 2013 4:10pm
Quoting Nellycopter
Hi Guys, i have moved across from the TMS H4 thread as i dont have the time on charts these days, can i ask - what settings you use for the MTF RSI bar graph ? i think the daily TF may suit my needs, i have read everything front to back and ready to trade Monday. many thanks nelly

Nelly - set for RSI 10
Attached File(s)
File Type: docx MTF RSI Settings.docx   78 KB | 452 downloads
"To live with Passion, it takes Courage and Grace to survive"
  • #1,514
  • Jun 30, 2013 5:45am Jun 30, 2013 5:45am
Hi Britpip,

thanks for the reply, i managed to figure most of it out like the time frames and RSI 10, just wondering do i leave everything else as default like RSI price = 0 etc.

i can keep up with this thread i think - as its a little slower than the original TMS thread which when you close your eyes and come back to it there are pages of new posts to read...
i will try and post a chart, but something i did pick up from TMS was using two ema,s similar to what you do with the 2-7 - but using 3 & 18 -
if tdi green crosses the 50 line with 5,3,3 stochs below 50, rsi below 50 - and the 3 & 18 ema cross, price will continue that way ....
same other way round for buy.

i will try and post a chart now so you see

thanks Nelly
  • #1,515
  • Jun 30, 2013 5:49am Jun 30, 2013 5:49am
3 & 18 ema
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  • #1,516
  • Jul 1, 2013 6:08am Jul 1, 2013 6:08am
Quoting Britpip7
{quote} Attached I have this set on H4 and lower to track the new day candle / Asian high/low {image} {image} {file} {file}

Many thanks. So you only use this indicator on 4H time frame?
  • #1,517
  • Jul 1, 2013 11:15pm Jul 1, 2013 11:15pm
Quoting Buttonjock
{quote} Many thanks. So you only use this indicator on 4H time frame?
Once I have a clear entry set up on the day chart, I will verify H4 for an entry point - don't often look much lower unless the currencies are trading in a tight range. Always useful to see where the lower TFs are heading after the Higher TF set up
"To live with Passion, it takes Courage and Grace to survive"
  • #1,518
  • Jul 1, 2013 11:26pm Jul 1, 2013 11:26pm
EU showing possible up tick on Day

Positives
APB colour change - small candles
MA2/7 cross in process
Fresh TDI cross -
PA attempting to leave Demand Zone

Negatives
100/200 EMA running together with PA
RSI 10 below 51
TDI Trade Signal still heading lower - waiting for it to head north

H4 showing RSI 10 above 51, so confirming the Day, however lower level RSI 10s sitting on 50, so possible pending trade for a buy stop above last Fractal High
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusddaily 7-1-2013.png Size: 68 KB
Click to Enlarge Name: EURUSDH4 1-7-2013.png Size: 62 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #1,519
  • Jul 2, 2013 4:58pm Jul 2, 2013 4:58pm
Guys, don't let this tread die.
GA seems to be due for a pull back. Is there a HS forming?
Attached Image (click to enlarge)
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  • #1,520
  • Jul 2, 2013 9:42pm Jul 2, 2013 9:42pm
Quoting spitt
Guys, don't let this tread die. GA seems to be due for a pull back. Is there a HS forming? {image}
Long way from death - possibly on life support but still alive and kicking

GA is definitely sideways right now. The 21 EMA is holding on well as a dynamic support, however, RSI and TDI both show a downward tendancy. Possible break of recent Fractal Low would be a great confirmation. Break and close blow the EMA 21 would be even beetterer
Attached Image (click to enlarge)
Click to Enlarge Name: gbpauddaily 7-2-2013.png Size: 42 KB
"To live with Passion, it takes Courage and Grace to survive"
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