Trading Made Simple | Page 1535 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #30,681
  • Feb 11, 2014 5:43pm Feb 11, 2014 5:43pm
Quoting emmanuel7788
{quote} {image} that D Pin Bar setup worked out, but how would we got an entry in H4 or H1?
hi emmanuel i think that time to sell
breakout on daily chart
ABCD on 4hr
http://charts.mql5.com/3/860/euraud-...rectdealer.png

http://charts.mql5.com/3/860/euraud-...rectdealer.png


wait for your advice
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euraud-d1-fxdirectdealer.png Size: 32 KB
Click to Enlarge Name: euraud-h4-fxdirectdealer.png Size: 38 KB
  • #30,682
  • Feb 11, 2014 5:46pm Feb 11, 2014 5:46pm
EURAUD D view 12 Feb:

Just a quick view update, we saw a strong move yesterday and a break of a recent suppport 1.5164. Price now test the nearby supprt 1.5106.
Take note of the D TDI, it cross up but now hook back over.
Taking the bias from the higher timeframe weekly chart and yesterday' bearish candle, we should be on the sellers' side. But we should not chase after the market but rather wait for an opportunity in lower timeframe H1 for a better price entry with smaller initial SL. Wait for a correction to happen then look for that retracement entry. Perhaps a scalping entry using M15 or M5 with the PAC will be possible. Just be patient and think of how a good trade exceution should be.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD D view 12 Feb.png Size: 60 KB


Trade Well.

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,683
  • Feb 11, 2014 5:52pm Feb 11, 2014 5:52pm
Quoting Amirsaid
{quote} hi emmanuel i think that time to sell breakout on daily chart ABCD on 4hr http://charts.mql5.com/3/860/euraud-...rectdealer.png http://charts.mql5.com/3/860/euraud-...rectdealer.png wait for your advice {image} {image}

Hi Amirsaid,

I like your channel and that ABCD projection.

Today we are in sell mode. Go with the flow.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,684
  • Feb 11, 2014 5:55pm Feb 11, 2014 5:55pm
Quoting emmanuel7788
{quote} Hi Amirsaid, I like your channel and that ABCD projection. Today we are in sell mode. Go with the flow. regards, EMMANUEL
thanks
at the same min you share the EA set up

this mean telepathy

  • #30,685
  • Feb 11, 2014 5:56pm Feb 11, 2014 5:56pm
USD/JPY - Short Trade - H1

My last USD/JPY trade was all over the place. Would of closed it for 10 pips but greed took over so closed it for -1 pip.

This one looks interesting. Entered on the 1H cross and set the TP on the 23 fibo levol on the daily charts.

Also hit the daily 36 fibo level on the daily chart.

First picture is the 1H chart and the second picture is the daily chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB
Click to Enlarge Name: Screenshot2.png Size: 53 KB
Take what the market gives you.
  • #30,686
  • Feb 11, 2014 5:59pm Feb 11, 2014 5:59pm
Quoting Amirsaid
{quote} thanks at the same min you share the EA set up this mean telepathy
Are we looking at the same pair? EA is pulling back on my charts. Clear long signal on the hourly at Sydney, going to test the validity of the hourly bearish trendline... You'd have to deal with a lot of drawdown if you were to short now I figure.

EDIT: WOW I'm so sorry, I misread. 2 days of being awake can do that to a guy.... NEVERMIND
  • #30,687
  • Feb 11, 2014 6:00pm Feb 11, 2014 6:00pm
EU week 07 12 Feb update:

Yesterday' D candle will close with a strong pull back. This is not good for my trades which are now protected below the low 10 Feb.
Seeing a floating of 70pips disappearing can cause some emotional reaction. Need to focus in trade management discipline.

Attached Image (click to enlarge)
Click to Enlarge Name: EU week 07 update 1.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,688
  • Feb 11, 2014 6:02pm Feb 11, 2014 6:02pm
Quoting Amirsaid
{quote} thanks at the same min you share the EA set up this mean telepathy

... I think when we see the same TMS charts, we all get connected somehow.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,689
  • Feb 11, 2014 6:08pm Feb 11, 2014 6:08pm
Quoting WDays
{quote} Are we looking at the same pair? EA is pulling back on my charts. Clear long signal on the hourly at Sydney, going to test the validity of the hourly bearish trendline... You'd have to deal with a lot of drawdown if you were to short now I figure. EDIT: WOW I'm so sorry, I misread. 2 days of being awake can do that to a guy.... NEVERMIND
you are right just scalp
but we have one reversal point
is my long Tp 1.5133
and 1.5114 also is revesal point so make BE for the long
the point of control of yesterday to understand more look to Market Profile
http://www.forexfactory.com/showthread.php?t=277528
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-h1-fxdirectdealer.png Size: 25 KB
  • #30,690
  • Feb 11, 2014 6:26pm Feb 11, 2014 6:26pm
hey amir said

im currently researching market profile as well. would you say it is a good aid in trading forex?

thanks

Quoting Amirsaid
{quote} you are right just scalp but we have one reversal point is my long Tp 1.5133 and 1.5114 also is revesal point so make BE for the long the point of control of yesterday to understand more look to Market Profile http://www.forexfactory.com/showthread.php?t=277528 {image}
  • #30,691
  • Feb 11, 2014 6:28pm Feb 11, 2014 6:28pm
EJ 12 Feb view:

Attached Image (click to enlarge)
Click to Enlarge Name: EJ H4 view 12 Feb.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,692
  • Feb 11, 2014 6:39pm Feb 11, 2014 6:39pm
Quoting emmanuel7788
{quote} Hi, You can replicate the TDI using any platform provided RSI indicator. Here is how to do it. How to replicate the TDI using the standard RSI indicator. The Traders Dynamic Index aka TDI is actually 3 moving averages of the RSi data. The default parameters are: the TDI Price Line PL green line is a SMA(2) of the RSI(period 13, Close Price). Then the TDI Trade Signal Line red line is a SMA(7) of the PL green line. The TDI Market Base Line MBL yellow line is a SMA 34 period of the PL green line. You can replicate these using the platform...
Thank you very much!
福 子 Victor V
  • #30,693
  • Feb 11, 2014 6:42pm Feb 11, 2014 6:42pm
Quoting blamshakk
hey amir said im currently researching market profile as well. would you say it is a good aid in trading forex? thanks {quote}
for sure brother
especially when you know
where and why market revere at that point ( S & R) and an other make continue the trend
​
and why make pin bar in some point and other not the meaning behind the chart

and for 1 tf you must know the value area VAH High
value area Low VAL

the the most important the POC Point of control between buyers and seller

look to chart and see why it made Pullbak and pin bar
exactally in those point this view only give you the MProf

enjoy
it my sleeping Time tomorrow will continue
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-h1-alpari-uk-ltd.png Size: 41 KB
  • #30,694
  • Feb 11, 2014 7:11pm Feb 11, 2014 7:11pm
Took EJ short T Japan open when price bounce off 800 EMA and TDI hook down. It's sitting on resistance right now, keeping an eye to close it for small profit if the resistance hold.

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-02-12_0807_EJ.png Size: 28 KB
Everything you can imagine, is real - Pablo Picasso
  • #30,695
  • Feb 11, 2014 7:15pm Feb 11, 2014 7:15pm
hey amir

will load up a market profile indicator , like the one here:

http://www.forexfactory.com/showthread.php?t=277528

do you think it can be used on the daily chart as well?


thanks and i look forward to your continued feedback

Quoting Amirsaid
{quote} for sure brother especially when you know where and why market revere at that point ( S & R) and an other make continue the trend ​ and why make pin bar in some point and other not the meaning behind the chart and for 1 tf you must know the value area VAH High value area Low VAL the the most important the POC Point of control between buyers and seller look to chart and see why it made Pullbak and pin bar exactally in those point this view only give you the MProf enjoy it my sleeping Time tomorrow will continue {image}
  • #30,696
  • Feb 11, 2014 7:17pm Feb 11, 2014 7:17pm
Quoting Direwolf
Took EJ short T Japan open when price bounce off 800 EMA and TDI hook down. It's sitting on resistance right now, keeping an eye to close it for small profit if the resistance hold. {image}

Nice entry my friend !
Take what the market gives you.
  • #30,697
  • Feb 11, 2014 7:22pm Feb 11, 2014 7:22pm
AUD USD short 4H
Attached Image (click to enlarge)
Click to Enlarge Name: Audusd3.png Size: 69 KB
  • #30,698
  • Feb 11, 2014 7:43pm Feb 11, 2014 7:43pm
Ahh I'm feeling queasy. Been sick the whole week.

Thanks Tggrr. I think EJ down movement might be caused by news this morning and it could resume upwards back to 140.0. Anyway I move my SL to BE now and will just let it run.

EA is forming a pin on support turn resistance level. We might have our signal to go short. TDI is starting to hook down.

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-02-12_0841_EA.png Size: 39 KB
Everything you can imagine, is real - Pablo Picasso
  • #30,699
  • Feb 11, 2014 8:05pm Feb 11, 2014 8:05pm
My EJ was out at +5 pips

EA stalled a bit... and rocket down 30 pips in 5 seconds. Wonder what caused it... moved my stoploss to BE now.

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-02-12_0903_EA.png Size: 29 KB
Everything you can imagine, is real - Pablo Picasso
  • #30,700
  • Feb 11, 2014 8:11pm Feb 11, 2014 8:11pm
Quoting 0Bid
AUD USD short 4H {image}
Any news i'm not aware of for AUDUSD????
179 traders viewing now