Attachments: Trading Made Simple

Trading Made Simple

#22,781
Aug 6, 2013 1:14am Aug 6, 2013 1:14am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

another trade that couldve been taken.

Eur.jpy pullback formed at daily low and double bottom, tdi zone at 32

Confidence is once again becoming an issue due to drawdown this week. Signal is there, but too afraid to enter.

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#22,782
Aug 6, 2013 1:17am Aug 6, 2013 1:17am

mehr
| Joined Aug 2013 | Status: Learner | 65 Posts

Can we use this strategy for GOLD and SILVER ?

#22,783
Aug 6, 2013 1:46am Aug 6, 2013 1:46am

cuchuflito
Joined Nov 2008 | Status: Trader | 2,142 Posts

Followed the rules
So far: 5 trades (live)
4 loosers
1 winner
A coin flip would have done better...don´t want to be negative, but it takes more than flour to bake good bread.
Good trading to everybody.

#22,784
Aug 6, 2013 1:57am Aug 6, 2013 1:57am

evilmechy
| Joined Aug 2012 | Status: Trader | 41 Posts

Quoting mehr

Disliked

Can we use this strategy for GOLD and SILVER ?

Ignored

Yes it does. I remember further back in the thread there were a few that used it for silver and gold.

#22,785
Aug 6, 2013 1:58am Aug 6, 2013 1:58am

Pipsmurfer
| Joined Jul 2012 | Status: Trader | 179 Posts

Quoting tenmilewalk

Disliked

another trade that couldve been taken. Eur.jpy pullback formed at daily low and double bottom, tdi zone at 32 Confidence is once again becoming an issue due to drawdown this week. Signal is there, but too afraid to enter. {image}

Ignored

I'm in this one on the break of the 4H outside bar

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#22,786
Aug 6, 2013 3:13am Aug 6, 2013 3:13am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

any advice appreciated

potential trade eur.jpy

Pros:
pullback.
dailyhigh formed

Cons
TDi zone in middle
asian sesion big movements

any advice appreciated

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#22,787
Aug 6, 2013 3:19am Aug 6, 2013 3:19am

Arete
| Joined May 2013 | Status: Trader | 67 Posts

Quoting tenmilewalk

Disliked

any advice appreciated potential trade eur.jpy Pros: pullback. dailyhigh formed Cons TDi zone in middle asian sesion big movements any advice appreciated {image}

Ignored

Wait for the current candle to close, if its red then i will probably enter.

#22,788
Aug 6, 2013 3:19am Aug 6, 2013 3:19am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

waiting for gbpusd announcement

#22,789
Aug 6, 2013 3:19am Aug 6, 2013 3:19am

retireme
| Joined Aug 2009 | Status: Trader | 31 Posts

Quoting tenmilewalk

Disliked

any advice appreciated potential trade eur.jpy Pros: pullback. dailyhigh formed Cons TDi zone in middle asian sesion big movements any advice appreciated {image}

Ignored

tenmilewalk, did you look at H4 too? TDI cross at the new 4 hour bar ) approx 15 mins ago... you must use all the info you have available

Rgds
RM

#22,790
Aug 6, 2013 3:20am Aug 6, 2013 3:20am

chye
| Joined Mar 2011 | Status: Trader | 111 Posts

Quoting tenmilewalk

Disliked

any advice appreciated potential trade eur.jpy Pros: pullback. dailyhigh formed Cons TDi zone in middle asian sesion big movements any advice appreciated {image}

Ignored

I think it was a good chance and i took long eurjpy and got 50pips

#22,791
Aug 6, 2013 3:20am Aug 6, 2013 3:20am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

Quoting Arete

Disliked

{quote} Wait for the current candle to close, if its red then i will probably enter.

Ignored

hello arete.

that is what im thinking too. safer that way. It is tempting to enter without waiting for candle to close as some traders here are able to execute in those conditions with such ease.

#22,792
Aug 6, 2013 3:21am Aug 6, 2013 3:21am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

Quoting retireme

Disliked

{quote} tenmilewalk, did you look at H4 too? TDI cross at the new 4 hour bar ) approx 15 mins ago... you must use all the info you have available Rgds RM

Ignored

hello retire me. i think because we are in different time zone, my h4 does not appear until 40 min later.

#22,793
Aug 6, 2013 3:24am Aug 6, 2013 3:24am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

Quoting Pipsmurfer

Disliked

{quote} I'm in this one on the break of the 4H outside bar {image}

Ignored

nice pipsmurfer. H4 allows for big movements

#22,794
Aug 6, 2013 3:24am Aug 6, 2013 3:24am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

Quoting chye

Disliked

{quote} I think it was a good chance and i took long eurjpy and got 50pips

Ignored

top notch chye.

#22,795
Aug 6, 2013 3:26am Aug 6, 2013 3:26am

Arete
| Joined May 2013 | Status: Trader | 67 Posts

Quoting tenmilewalk

Disliked

{quote} hello arete. that is what im thinking too. safer that way. It is tempting to enter without waiting for candle to close as some traders here are able to execute in those conditions with such ease.

Ignored

Entering before the candle close is easier when a break of the Asian session is taking place, not after a big move up during the night.

#22,796
Aug 6, 2013 3:31am Aug 6, 2013 3:31am

tenmilewalk
| Joined Dec 2009 | Status: "flow of the market" | 469 Posts

Quoting Arete

Disliked

{quote} Entering before the candle close is easier when a break of the Asian session is taking place, not after a big move up during the night.

Ignored

yes

#22,797
Aug 6, 2013 3:45am Aug 6, 2013 3:45am

adamjhdavis
| Joined Mar 2013 | Status: Trader | 349 Posts

Quoting tenmilewalk

Disliked

any advice appreciated potential trade eur.jpy Pros: pullback. dailyhigh formed Cons TDi zone in middle asian sesion big movements any advice appreciated {image}

Ignored

Hidden bearish divergence on the hourly I think, could be a nice trade if it crosses and goes red.

#22,798
Aug 6, 2013 3:53am Aug 6, 2013 3:53am

xeagon
| Joined Jan 2012 | Status: Trader | 26 Posts

Quoting tenmilewalk

Disliked

{quote} hello arete. that is what im thinking too. safer that way. It is tempting to enter without waiting for candle to close as some traders here are able to execute in those conditions with such ease.

Ignored

I think it's just a consolidation after a big move during asian session. H4 shows a clear long signal.