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Trading Made Simple

  • #24,981
  • Sep 12, 2013 10:18am Sep 12, 2013 10:18am
Quote
Why do you ask this questions since you are a full-time trader?

That's why I'm asking. I can't be mistaken.


Quote
Do you trade for a living?

Of course!
But I'm trading in the option market on some currency pairs.
Seven trades per day. Strictly.

I'd like to adapt TMS for options trading.
Greed and fear kills traders
  • #24,982
  • Sep 12, 2013 10:22am Sep 12, 2013 10:22am
Quoting FoxTraderGBP
{quote} That's why I'm asking. I can't be mistaken. {quote} Of course! But I'm trading in the option market on some currency pairs. Seven trades per day. Strictly.

Thanks for your answers.

Now I know you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,983
  • Sep 12, 2013 10:28am Sep 12, 2013 10:28am
Quote
Thanks for your answers.

And thank you too. I will understand more. The system is interesting.
Greed and fear kills traders
  • #24,984
  • Sep 12, 2013 11:46am Sep 12, 2013 11:46am
usd/chf this support looks strong, divergence confirm underline trendline, will see if this hour candle will close as pin bar
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-proh1.png Size: 25 KB
  • #24,985
  • Sep 12, 2013 4:09pm Sep 12, 2013 4:09pm
Quoting Arete
{quote} Bump for new page.

Arete,

Please check your pm.

Thanks
  • #24,986
  • Sep 12, 2013 8:23pm Sep 12, 2013 8:23pm
Quoting emmanuel7788
{quote} GBPCAD update: 4-hours later, after the TDI cross price did not move further down. The last H4 candle is a much wider bar which shows more interest but buyers and sellers are cautious. {image} Indecision, now wait for the new US traders joining in the market to move this. Beware of London close at GMT1600.
Several 4H periods later, one hour after TOK open today ... still no sign of a major move ....

This is a test of trading patience,

It is at a critical level, so we must do something every trader must learn to do,

WAIT...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD week37 TOK 13 Sep 13-9-2013 9-12-47 AM.png Size: 27 KB


while waiting ... enjoy


Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,987
  • Sep 12, 2013 8:32pm Sep 12, 2013 8:32pm
Quoting Bangokar
usd/chf this support looks strong, divergence confirm underline trendline, will see if this hour candle will close as pin bar {image}

Look like it is about time, but choppy way up on H4 as there are 10/50/200 to content with.

I need another D candle to decide a 4H swing. But nothing will stop me doing intraday today since it is Friday.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,988
  • Sep 13, 2013 12:55am Sep 13, 2013 12:55am
Hi emmanuel7788 Sos heeh

GPBUSD TF 4H divergence and resistance at 1.1573 ill go to lower tf 1H for search for an entry

GPBUSD TF 1h i found 1 entry there are other idea or entry that i can have find??

i'll idea / suggestion from all it a good thing for me thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4h.gif Size: 21 KB
Click to Enlarge Name: 1h.gif Size: 29 KB
  • #24,989
  • Sep 13, 2013 12:58am Sep 13, 2013 12:58am
Quoting pinux76
Hi emmanuel7788 Sos heeh GPBUSD TF 4H divergence and resistance at 1.1573 ill go to lower tf 1H for search for an entry GPBUSD TF 1h i found 1 entry there are other idea or entry that i can have find?? i'll idea / suggestion from all it a good thing for me thanks {image} {image}
There are a few GBP pairs 4H setups with good PA support which can be traded 2 hours ago.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,990
  • Sep 13, 2013 1:06am Sep 13, 2013 1:06am
Quoting emmanuel7788
{quote} There are a few GBP pairs 4H setups with good PA support which can be traded 2 hours ago.

thanks emmanuel7788 but i check only EU GU EJ AU i don't have too much time :-( ,
during pre and tokyo session i sleep, now i'm at work and attending london open
i'll study some graph i hope day after day i understand something
  • #24,991
  • Sep 13, 2013 1:30am Sep 13, 2013 1:30am
Quoting emmanuel7788
{quote} Look like it is about time, but choppy way up on H4 as there are 10/50/200 to content with. I need another D candle to decide a 4H swing. But nothing will stop me doing intraday today since it is Friday.
i took 50 pips on this trade. for me nice trade.
  • #24,992
  • Sep 13, 2013 1:38am Sep 13, 2013 1:38am
share how you check tdi set up/pair strength...views.....perceptions...biasness... i check tdi cross/bounce..sar...pa ....pair corelations..eusd,gusd,ausd,nzsd,us ch,us jpy,u cad xau sd...ant try to understand which one is dominating then look for A+ entry .. like below img ..please share your views
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu us sh 13 sept 13.png Size: 101 KB
Click to Enlarge Name: u ch n 13 sept 13.png Size: 102 KB
Click to Enlarge Name: us jpy long 13 sept 13.png Size: 103 KB
Click to Enlarge Name: nz us sh 13 sept 13.png Size: 100 KB
Click to Enlarge Name: au sh 13 sept 13.png Size: 103 KB
Click to Enlarge Name: gu sh 13 sept 13.png Size: 104 KB
Say something meaningful or Silence!!
  • #24,993
  • Sep 13, 2013 1:46am Sep 13, 2013 1:46am
Quoting emmanuel7788
{quote} ........nothing will stop me doing intraday today since it is Friday.
Hello Emmanuel,
Some traders choose not to trade Fridays. I read terms such as "freaky Friday" and "stop-hunting day."
Why are Fridays good for you?
Regards,
Kan
Thanks for your help, warmth and straight talking Heather.
  • #24,994
  • Sep 13, 2013 1:56am Sep 13, 2013 1:56am
Quoting pinux76
Hi emmanuel7788 Sos heeh GPBUSD TF 4H divergence and resistance at 1.1573 ill go to lower tf 1H for search for an entry GPBUSD TF 1h i found 1 entry there are other idea or entry that i can have find?? i'll idea / suggestion from all it a good thing for me thanks {image} {image}

i wouldn't trade short on this
  • #24,995
  • Sep 13, 2013 1:59am Sep 13, 2013 1:59am
Quoting Kanderpro
{quote} Hello Emmanuel, Some traders choose not to trade Fridays. I read terms such as "freaky Friday" and "stop-hunting day." Why are Fridays good for you? Regards, Kan

Hi Kan,

Fridays for me is only good for intraday trades when i don't have to keep positions open overnight.

I prefer not to open new 4H swing trades because of weekend events, like today and tomorrow is ECOFIN meetings.

Whatever the markets (stock, forex, futures, ...) do Fridays are usually news and events driven during the week itself not just on Friday alone taking into considerations that there are day traders, swing traders and long term traders in the market all the time.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,996
  • Sep 13, 2013 2:00am Sep 13, 2013 2:00am
Quoting Kanderpro
{quote} Hello Emmanuel, Some traders choose not to trade Fridays. I read terms such as "freaky Friday" and "stop-hunting day." Why are Fridays good for you? Regards, Kan
we have to trade important levels , if market rich this level on friday i will take the trade i dont mind it is monday or friday
  • #24,997
  • Sep 13, 2013 2:05am Sep 13, 2013 2:05am
i have a question to all TMS lover ..how you see/consider tdi cross before LO and after LO ..i see some time good entry turn to bad after LO but before LO opposite senario??and NY another senario..how you adjust session by session or tdi cross and just follow all rules mechanically?
Say something meaningful or Silence!!
  • #24,998
  • Sep 13, 2013 2:22am Sep 13, 2013 2:22am
Quoting classy
i have a question to all TMS lover ..how you see/consider tdi cross before LO and after LO ..i see some time good entry turn to bad after LO but before LO opposite senario??and NY another senario..how you adjust session by session or tdi cross and just follow all rules mechanically?
For me it is about Price Action and the TIMING, then consider the TDI
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,999
  • Sep 13, 2013 2:30am Sep 13, 2013 2:30am
I finished my trading for this week lads. For me it was great week. Did good trades. Hope all of you as well. Im going to fishing for big rainbows. see you later. Have a nice weekend
  • #25,000
  • Sep 13, 2013 2:40am Sep 13, 2013 2:40am
Quoting emmanuel7788
Here is one chart example for those who want to learn and practice in realtime . {image} What do you see in terms of PA? Who is in control of the market? Buyers or Sellers? Where is the next close by historical support and resistance? What does the TDI tell you after you done the above?
GBPCAD exercise:

For those who have done this exercise and followed the past 2 days, I hope you have learn something.

TMS is not effective when market is sideways narrow range and there will TDI crosses which will not produce the pips for want.

Now you should have an idea how to identify the market type to trade TMS.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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