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  • #32,181
  • Mar 12, 2014 6:59am Mar 12, 2014 6:59am
Quoting emmanuel7788
{quote} Hi hugecat, Big E and I have slightly different style how we trade the same method. He is aggressive when comes to trade entry and he trades standard lots at the same time he pulls out of trades using the TDI for exit. I am conservative wih my hard-earned mioney, so I use the percentage risk model and I do position sizing. My exit is quite different as I want to hold my 4H swing trades longer and I do not exit when the TDI goes flat. I use the R-Muliple management and also the PAC for trailing my stops. I look at the PA candles, I can scale...

Hi Emmanuel,

I'm glad I took your advice and removed my 100 TP on my AJ trade. I wish I would have done the same for my GU trade. I would be up over 400 pips already this week. I'm up over 300 now so I can't complain. Hopefully AJ tanks another 200 pips
MAY THE PIPS BE WITH YOU!
  • #32,182
  • Mar 12, 2014 7:26am Mar 12, 2014 7:26am
Divergence practice:

Look at GU H1 chart and see if you spot the unique divergence .

First you must have read my GU Week 11 Big Picture Planning posted earlier.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,183
  • Mar 12, 2014 7:45am Mar 12, 2014 7:45am
Quoting emmanuel7788
EURAUD: Did anyone managed to pick an entry today? please share your charts so that we can learn more possibilities of trade entries for this trending pair.
I am not trading H1 timeframe live. Took this buy trade @ 1.5497 on demo with TP 1.5560 for learning purpose.
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  • #32,184
  • Mar 12, 2014 7:56am Mar 12, 2014 7:56am
Quoting pundit78
{quote} Already closed the position in profit. Sold at 1358.01 covered at 1355.73.
market rally after your exit....

always trade with the Primary Trend ... you need to decide which timeframe is your Primary Trend.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,185
  • Mar 12, 2014 9:13am Mar 12, 2014 9:13am
Hi,

Still trying to learn all the ins and outs of TMS. One thing is for sure, I've made more pips with this in 2 weeks since the start of my forex adventure early 2014.

Anyone noticed EG? It seems to broke the resistance at Daily with bull momentum and at 4H there is a TDI cross just.
Thoughts of suggestions? I'm still very confused how to learn the PA and which checklist I need to go through..

Thanks in advance! You all have been great help and teachers ;p

Wes.
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  • #32,186
  • Mar 12, 2014 10:26am Mar 12, 2014 10:26am
Quoting TheScorpS
{quote} Can you confirm emmanuel that since MBL was below the divergence trade , so divergence, and mbl that they dont go in together, I mean the divergence could be avoided because mbl was acting as support and a short trade can be eliminated and just consider long trade is considered when pa set the trade I have a same pa scenario on EU I think but in a downtrend trending market, there was divergence on H1 but mbl was above the divergence, pa traded a little bit high before reversing and continuing the trend have a look and let me know your thoughts...
Hi Scorps,

as I understood that the divergence is dropped if it happened in area below 32 or over 68 , I learned this from other thread and I think it's pretty much true , there is nothing 100% works all the time but in such cases it indicates a strong trend movement , just like when the price breaks a pinbar at a support , it's not common to happen , but if happened that means a strong down trend.
Cheers.
  • #32,187
  • Mar 12, 2014 11:29am Mar 12, 2014 11:29am
Quoting geomoon
{quote} Hi Scorps, as I understood that the divergence is dropped if it happened in area below 32 or over 68 , I learned this from other thread and I think it's pretty much true , there is nothing 100% works all the time but in such cases it indicates a strong trend movement , just like when the price breaks a pinbar at a support , it's not common to happen , but if happened that means a strong down trend. Cheers.
Thanks a lot for the tip, at least I can start from here , and learn about this , much appreciate your help
I Have Learned to Take Some Losses to Make Profits
  • #32,188
  • Mar 12, 2014 11:44am Mar 12, 2014 11:44am
OMG I can't believe I missed the CF short entry at 8am est. It's most likely going to run for 100 pips plus now.
MAY THE PIPS BE WITH YOU!
  • #32,189
  • Mar 12, 2014 11:58am Mar 12, 2014 11:58am
Some setups forming on aud pairs
I am not random, U just can't think as fast as me....
  • #32,190
  • Mar 12, 2014 12:18pm Mar 12, 2014 12:18pm
Quoting emmanuel7788
EURAUD: Did anyone managed to pick an entry today? please share your charts so that we can learn more possibilities of trade entries for this trending pair.

I have not been trading the tdi today.
4 trade all win pin bar trades.
Demo acc.
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  • #32,191
  • Mar 12, 2014 12:28pm Mar 12, 2014 12:28pm
Quoting redfan
{quote} I have not been trading the tdi today. 4 trade all win pin bar trades. Demo acc. {image}{image}{image}{image}
Now those are some awesome charts. Reminds me of bond trading where you can do the same type of strategy.
MAY THE PIPS BE WITH YOU!
  • #32,192
  • Edited 5:18pm Mar 12, 2014 1:25pm | Edited 5:18pm
Quoting as33156
{quote} Now those are some awesome charts. Reminds me of bond trading where you can do the same type of strategy.

yes I am thinking of making my candles all the same colour no red for down or blue for up just confuses me . you look at a red candle and expect the trend to go down so colour can’t confuse me
I will use
P/A and moving average. Tdi and pin bar candle Sup+res. In future.
  • #32,193
  • Mar 12, 2014 1:59pm Mar 12, 2014 1:59pm
Buy AUDNZD, what do you think ?
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  • #32,194
  • Mar 12, 2014 2:15pm Mar 12, 2014 2:15pm
Quoting emmanuel7788
EURAUD: Did anyone managed to pick an entry today? please share your charts so that we can learn more possibilities of trade entries for this trending pair.
Sell?
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  • #32,195
  • Mar 12, 2014 2:24pm Mar 12, 2014 2:24pm
Quoting emmanuel7788
Divergence practice: Look at GU H1 chart and see if you spot the unique divergence . First you must have read my GU Week 11 Big Picture Planning posted earlier.
Is it any of these?

http://charts.mql5.com/4/146/gbpusd-...ari-uk-ltd.png
  • #32,196
  • Mar 12, 2014 2:30pm Mar 12, 2014 2:30pm
Quoting dotnetfreak
Buy AUDNZD, what do you think ? {image}

I like the AJ instead because its giving a currently showing a TDI cross on its 1st candle. ADNZD is only it's 2nd bar since the cross as of now. That means you would have to get in the 3rd bar. I prefer rather to take the 2nd candle entry then a 3rd candle entry. Either way though both look like they could be hiding for an nice upward swing. Best of Luck!

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MAY THE PIPS BE WITH YOU!
  • #32,197
  • Mar 12, 2014 2:31pm Mar 12, 2014 2:31pm
  •  Hcp
  • | Joined Feb 2008 | Status: Everything Has the Meaning You Give | 74 Posts
Hi, early entry in H1, before break the resistance trendline, and also early in H4(another mistake), before line cross. still wait watching the up channel and last resistance became support, and result positive trade.
thank you.
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  • #32,198
  • Mar 12, 2014 2:53pm Mar 12, 2014 2:53pm
I really like the setups on GU & AJ. I will take long positions in both at 4pm. NZD is going to have a lot of important news at 4pm so anyone wanting get into NZD pairs may want to wait till the news is over.
MAY THE PIPS BE WITH YOU!
  • #32,199
  • Mar 12, 2014 3:13pm Mar 12, 2014 3:13pm
I went long on both GU & AJ:

GU:

TP: 1.6720
Entry: 1.6620
SL: 1.6570

AJ:

TP: 93.339
Entry: 92.339
SL: 91.69

Now its time to go enjoy the rest of my day. Hopefully when I come back in 4 hours my trades will be in the green
MAY THE PIPS BE WITH YOU!
  • #32,200
  • Mar 12, 2014 4:33pm Mar 12, 2014 4:33pm
Quoting as33156
I went long on both GU & AJ: GU: TP: 1.6720 Entry: 1.6620 SL: 1.6570 AJ: TP: 93.339 Entry: 92.339 SL: 91.69 Now its time to go enjoy the rest of my day. Hopefully when I come back in 4 hours my trades will be in the green
You are not worried about AUD news later?
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