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Trading Made Simple

  • #23,401
  • Edited 1:00am Aug 16, 2013 12:18am | Edited 1:00am
I wander how to check H4 TF when i want to take position in H1 TF?!


when short trend in H4 is up, In H1 green is going to hook up or flat!!


how can i use H4 when i want to go on a trade in H1?!

most of the times H4 is opposite of H1!!

look at these pictures, all of them are opposite of each other!!

and as you know green TDI has a delay on crossing the red!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ 1.JPG Size: 67 KB
Click to Enlarge Name: EJ 4.JPG Size: 70 KB
Click to Enlarge Name: UC 1.JPG Size: 67 KB
Click to Enlarge Name: UC 4.JPG Size: 71 KB
Click to Enlarge Name: UJ 1.JPG Size: 67 KB
Click to Enlarge Name: uj 4.JPG Size: 66 KB
  • #23,402
  • Aug 16, 2013 1:18am Aug 16, 2013 1:18am
Quoting gasj00
{quote} Hello I would like to know the name of the indicator that you have in the right up corner where show M D 4H 1H with arrow thk
Hi gasj00
the indicator is called: ARJUN 10EMA Dashboard and can be downloaded by clicking on the paperclip icon at the top right hand side og the forum window as shown in the attachment.
Attached File(s)
File Type: docx Click on here then search.docx   250 KB | 507 downloads
  • #23,403
  • Aug 16, 2013 1:52am Aug 16, 2013 1:52am
is this trade setup good to take for long?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB
Come tomorrow, I'll wake up new
  • #23,404
  • Aug 16, 2013 1:57am Aug 16, 2013 1:57am
Hi Phx62

I know you must be sleeping at this hour. Still I would like to remind you that I am waiting for your response to my post 23387.

Fx...
  • #23,405
  • Aug 16, 2013 2:04am Aug 16, 2013 2:04am
dropping the plan on eur/jpy i entered long on nzd/chf
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB
Come tomorrow, I'll wake up new
  • #23,406
  • Aug 16, 2013 2:25am Aug 16, 2013 2:25am
Quoting gsbharaj
is this trade setup good to take for long? {image}
look left, personally i would wait as the market is consolidated and doesn't show any definite sign of direction. better off using lower time frames ie 1 hour and scalping 20 -50 pips imo.
plus 1 hour is crossing down at the minute stalled at 130.000.
When I first started I jumped into every trade but now wait for the A+ set ups, this works well and gives you much more confidence as your strike rate is higher.
Hope this helps.
  • #23,407
  • Aug 16, 2013 2:29am Aug 16, 2013 2:29am
Quoting Fx-optimus
{quote} Thanks. You need not be an expert to answer. You are successful in TMS itself shows that you are an expert. I appreciate that. By the way can you tell me which are the pairs you find the TMS works best and what time frame. Fx...
No problem it looks like most of the post got chopped off sorry about that.

I follow EJ and GU mainly at the minute trying to get to know them inside out. You can make more than enough pips using only one good pair.
Having said that if they are quiet I will look at others for an A+ setups. AU EU EA and most yen pairs are good.
  • #23,408
  • Aug 16, 2013 2:34am Aug 16, 2013 2:34am
every trade i enter turns out to be a loser
Come tomorrow, I'll wake up new
  • #23,409
  • Aug 16, 2013 2:36am Aug 16, 2013 2:36am
Quoting Fx-optimus
I find most of you are trading H1. I don't see many trading the H4 as recommended by the creator. Fx..
The creator() did say if he was up he would trade 1H during London.
I live in the UK so I trade the 1H as it suits my style, I use mta and will turn a 1H trade into a 4H trade when appropriate.
I use 4H and Daily for my bigger picture.
Because I only trade two main pairs i have three time frames on my screen 15M 1H 4H that way I can see all that is going on.
This method works on all time frames but the lower you go the more PA knowledge is required imo as entry needs to be more precise because you are shooting for less pips and the waves are smaller. (but so are the SL)
  • #23,410
  • Aug 16, 2013 2:37am Aug 16, 2013 2:37am
Quoting farhad10
I wander how to check H4 TF when i want to take position in H1 TF?! when short trend in H4 is up, In H1 green is going to hook up or flat!! how can i use H4 when i want to go on a trade in H1?! most of the times H4 is opposite of H1!! look at these pictures, all of them are opposite of each other!! and as you know green TDI has a delay on crossing the red!! {image} {image} {image} {image} {image} {image}

Another example!


what should we do now! go with H4 uptrend or H1 downtrend?!!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: b.JPG Size: 84 KB
  • #23,411
  • Aug 16, 2013 2:51am Aug 16, 2013 2:51am
UJ looks interesting... Late?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #23,412
  • Aug 16, 2013 2:51am Aug 16, 2013 2:51am
Quoting farhad10
{quote} Another example! what should we do now! go with H4 uptrend or H1 downtrend?!! {image} {image}

There is only ONE price, at some point the 1H and 4H will point in the same direction this is a good time to enter.
On 4H you can enter but you will need a bigger SL.
You will not get all the answers on this thread you need to back test and forward test for at least 6 months or until you have successful results. Have you tried a simulator at the weekends?
  • #23,413
  • Aug 16, 2013 2:57am Aug 16, 2013 2:57am
Quoting farhad10
{quote} Another example! what should we do now! go with H4 uptrend or H1 downtrend?!! {image} {image}
Farhad,

I don't see an uptrend in the H4. It is more going sideways. That's why I'm short at EUR JPY. Lower High on the H1, Break of an IB on H1.
  • #23,414
  • Aug 16, 2013 2:58am Aug 16, 2013 2:58am
Quoting gsbharaj
every trade i enter turns out to be a loser

You are very new to this as you said, back test more and re read big E's, phx62 and emmanuels posts over and over until they sink in and you can apply it to your system. observe and burn into your mind the charts they post of their trades. phx62 usually does a chart showing the whole weeks worth of his trades this is gold dust. the pips he makes in an average week are phenomenal and if you could do half that you should be able to make a very good living.
  • #23,415
  • Aug 16, 2013 3:15am Aug 16, 2013 3:15am
Quoting heispark
UJ looks interesting... Late?
I'm short in UJ, but entered an hour ago, at the first red candle in M15. Did 20 pips and now I have the SL at BE, let's see where it goes, TP for 40 pips aprox. at yesterday's low and weekly pivot.
  • #23,416
  • Aug 16, 2013 3:26am Aug 16, 2013 3:26am
what should be the average duration of the h1 trade? like should we give it a breathing space and for how long?
Come tomorrow, I'll wake up new
  • #23,417
  • Aug 16, 2013 3:31am Aug 16, 2013 3:31am
it is really good system and nice place to learn .i miss Big e but my feelings is he is still here n there ...i like forex and trying to learn specially TMS...here i am posting two 4hrs candle from 2 diff broker one exness n other xemarket.. i am from Bangladesh candle time GMT+1 and other gmt+2 ...now look tdi cross position at same time one is bouncing and another is crossed and trying pointing up ..it is lil bit confusing to which position of tdi or go short or long .?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: exness 4hrs just fin.png Size: 85 KB
Click to Enlarge Name: xemarket 4 hrs to fin 50 min.png Size: 91 KB
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  • #23,418
  • Aug 16, 2013 3:44am Aug 16, 2013 3:44am
Quoting adamjhdavis
{quote} No problem it looks like most of the post got chopped off sorry about that. I follow EJ and GU mainly at the minute trying to get to know them inside out. You can make more than enough pips using only one good pair. Having said that if they are quiet I will look at others for an A+ setups. AU EU EA and most yen pairs are good.

Hello, Adam,
How do you rate A+ setups, A++ and A+++ setups? Maybe its all on the surface in this thread, but i am curious of your vision. Thx.
  • #23,419
  • Aug 16, 2013 3:46am Aug 16, 2013 3:46am
Quoting gsbharaj
every trade i enter turns out to be a loser
Sir please don't lose heart. It seems you are in hurry to make entries. Hold your entries. Try and see the right entries. I am also going through this problem with mixed success. SOme trades gave me 100 plus pips. But many trades gave profits and then gone back to minus. I am just trying to figure out the right trades using this method. By comparing with daily and H4 charts you can prevent many wrong entries. This aspect was missing in my earlier entries which went wrong after moving into + for few candles. Just hang on. Observe one or two pairs. I find you entering where ever Green crossing red. That is not the case with successful trades by senior members. I suggest analyse the trades made by phx62 yesterday by going back to Daily, H4 and H1 charts. You will very soon catch up with this method. It is not very difficult and complecated. Only that we require to syncronise with the price action to make all those successful entries.

Good luck.
fxOptimus
  • #23,420
  • Aug 16, 2013 3:53am Aug 16, 2013 3:53am
Quoting adamjhdavis
{quote} The creator() did say if he was up he would trade 1H during London. I live in the UK so I trade the 1H as it suits my style, I use mta and will turn a 1H trade into a 4H trade when appropriate. I use 4H and Daily for my bigger picture. Because I only trade two main pairs i have three time frames on my screen 15M 1H 4H that way I can see all that is going on. This method works on all time frames but the lower you go the more PA knowledge is required imo as entry needs to be more precise because you are shooting for less pips and...
You are right. I prefer EJ and UJ very much as these two moves nicely in trend. Thanks anyway.

Fx...
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