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Trading Made Simple

  • #29,721
  • Jan 23, 2014 2:17am Jan 23, 2014 2:17am
Target hit... 175 pips EA
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JacekPreserve Precious Capital
  • #29,722
  • Jan 23, 2014 2:22am Jan 23, 2014 2:22am
Quoting Jackub
Target hit... 175 pips EA {image}
awesome!!
Daniel
  • #29,723
  • Jan 23, 2014 2:22am Jan 23, 2014 2:22am
Quoting emmanuel7788
{quote} H1 PCRF with IB breakout ... UP!
haha! I spotted that already!
  • #29,724
  • Jan 23, 2014 2:24am Jan 23, 2014 2:24am
GJ H1 trade 23 Jan London Open:
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #29,725
  • Jan 23, 2014 3:23am Jan 23, 2014 3:23am
Quoting Helanka
{quote} Nice video. Do you watch this videos every week before start market? Helanka
Yes and no. On Sunday I watch at each pair chart for a few minutes, zooming out to W1 to H1 repeatedly to look for waves and familiar chart patterns. Then I try to guess where the price may go in the coming days and types of trades I could make, check for potential news moves. After that, I watch Rick's video (the owner of Pro Trader Network) to see how close or far my analysis is close to his. I do the same every evening to plan for the upcoming day. At the end of the week I analyse what happened and go over the week's posts on this thread (again) to read again what other people traded, what analysis was in the end correct. Basically trying to get better at Big Picture Planing.
  • #29,726
  • Edited 4:15am Jan 23, 2014 3:27am | Edited 4:15am
LO was good to me today after the Asian drop. Scalped EJ 15m for +180.8 pips on my ECN platform

Those bottom 4 small trades were taken when price was hanging around the MS1 area. The actual set up for me was the day candles bottom right and traded from lower t/f's.
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Keep It Simple
  • #29,727
  • Jan 23, 2014 3:32am Jan 23, 2014 3:32am
Quoting Lane
{quote} Yes and no. On Sunday I watch at each pair chart for a few minutes, zooming out to W1 to H1 repeatedly to look for waves and familiar chart patterns. Then I try to guess where the price may go in the coming days and types of trades I could make, check for potential news moves. After that, I watch Rick's video (the owner of Pro Trader Network) to see how close or far my analysis is close to his. I do the same every evening to plan for the upcoming day. At the end of the week I analyse what happened and go over the week's posts on this thread...

It is a lot of work but all worth doing it over and over again till it become a habit.

That's the life of trader. Every business requires hard and diligent work.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #29,728
  • Jan 23, 2014 3:35am Jan 23, 2014 3:35am
Quoting emmanuel7788
GJ H1 trade 23 Jan London Open: {image}
Took almost the same trade!
  • #29,729
  • Edited 5:06am Jan 23, 2014 4:51am | Edited 5:06am
I have had several PM's regarding the Multiple Mini Chart setup I posted earlier. It seems that some are having difficulty in setting them up as posted. Please find my template below.

Note: You must have the pipware indicators and fonts in your MT4 platform for these to show properly.

Enjoy
Attached File(s)
File Type: tpl Multiple Mini Charts .tpl   12 KB | 468 downloads
Keep It Simple
  • #29,730
  • Jan 23, 2014 5:10am Jan 23, 2014 5:10am
Quoting irishtoffy
{quote} haha! I spotted that already!

UK data came out below forecast.
Closed this trade.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #29,731
  • Jan 23, 2014 5:14am Jan 23, 2014 5:14am
those last 2 days dont have any clear candle , too much chaos so we need to patience right
  • #29,732
  • Jan 23, 2014 5:15am Jan 23, 2014 5:15am
For those using the ADX indicator with the TDI, this one might be helpful. It gives a pop-up alert as well as displays the current market condition. Of course you should be able to identify what condition the market is in visually, but the alerts may be of some help.

Enjoy!
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File Type: ex4 Advanced_ADX.ex4   6 KB | 532 downloads
Keep It Simple
  • #29,733
  • Jan 23, 2014 5:47am Jan 23, 2014 5:47am
First normal trade I've taken this week and it was the nice move most of you got, missed my extended take profit by 3 pips so took 85 pips as it came back down a bit. I've been trading baskets with the same tdi setup all week which went well so glad this one did as well
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  • #29,734
  • Jan 23, 2014 6:10am Jan 23, 2014 6:10am
Quoting littlebunny
Congratulations on your new MD, Dr. Ezz!

Thanks a lot buddy
So sorry for always replying late! But I got 2 Jobs!!
  • #29,735
  • Jan 23, 2014 6:12am Jan 23, 2014 6:12am
Quoting cigarguy
For those using the ADX indicator with the TDI, this one might be helpful. It gives a pop-up alert as well as displays the current market condition. Of course you should be able to identify what condition the market is in visually, but the alerts may be of some help. Enjoy! {file} {image} {image}
thank you
very good indicator it save time zoom in and out to check market range.
  • #29,736
  • Jan 23, 2014 6:13am Jan 23, 2014 6:13am
Learn to use the D chart candle OHLC to determine where the recent support and resistance are...

Here is today' EJ example:

Attached Image (click to enlarge)
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price rallied to 142.39... then pullback.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #29,737
  • Jan 23, 2014 6:14am Jan 23, 2014 6:14am
Quoting emmanuel7788
{quote} UK data came out below forecast. Closed this trade. {image}
Yes I closed at BE also!

Current H4 bar could be setting up for a nice Sell trade with TDI green and red crossing, and red pointing down coming from strong overbought position.

Also coming from around the recent R.

I will watch to see how PA develops
  • #29,738
  • Jan 23, 2014 6:21am Jan 23, 2014 6:21am
Quoting redfan
{quote} thank you very good indicator it save time zoom in and out to check market range.
Glad it helps
Keep It Simple
  • #29,739
  • Jan 23, 2014 6:47am Jan 23, 2014 6:47am
Quoting Lane
{quote} Yes and no. On Sunday I watch at each pair chart for a few minutes, zooming out to W1 to H1 repeatedly to look for waves and familiar chart patterns. Then I try to guess where the price may go in the coming days and types of trades I could make, check for potential news moves. After that, I watch Rick's video (the owner of Pro Trader Network) to see how close or far my analysis is close to his. I do the same every evening to plan for the upcoming day. At the end of the week I analyse what happened and go over the week's posts on this thread...
Thanks for that info Lane, just subscribed to Ricks site, looks great!
  • #29,740
  • Jan 23, 2014 7:32am Jan 23, 2014 7:32am
NewYork opened 30 minutes ago ... where's everybody ?
So sorry for always replying late! But I got 2 Jobs!!
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