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Trading Made Simple

  • #33,821
  • Mar 25, 2014 9:01am Mar 25, 2014 9:01am
Quoting 4rextrader
{quote} Zoopots, thank you very much for the clarification! I have been waiting anxiously for your response! I figured it out later on, when i was waiting for you to respond that you were utilizing the channel as a TS, but left my questions up to confirm my thoughts. As to the other question I had thank you as well for responding. I hadn't had the channel loaded on my chart as you have and use to your advantage. Just to be clear tho, you check every fours no matter what session that current market is in, correct?

That's correct.
  • #33,822
  • Edited 9:20am Mar 25, 2014 9:03am | Edited 9:20am
Quoting Bizzzle
{quote} I am in some Euro pairs today from 10am will post once closed at 2pm
Another Great day trading as the thread owner set out for the 4 hour!!

Open trades at 10am:

EU- +28

EG- +25

EA- +24

EJ- +1

UC- +15

Total = 93 pips

Thank you big E for thinking differently to everyone else!! Easy money
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Give yourself a chance and trade it like it's layed out...
  • #33,823
  • Mar 25, 2014 9:05am Mar 25, 2014 9:05am
Quoting Zoopots
{quote} That's correct.
you the man. thanks
  • #33,824
  • Mar 25, 2014 9:22am Mar 25, 2014 9:22am
zoopots many thanks for your invaluable information re: 4h trading method. like you said this timeframe gives a good balance between life and trading.

i am also a fan of the synergy pro method, but have been requested not to discuess it on this thread before. however can i ask you what other analysis you incorporate, on top of the TDI ob/os you outlined? eg do you look at HTF analysis, what about your suppoort / resistance tactics. thanks
  • #33,825
  • Mar 25, 2014 9:23am Mar 25, 2014 9:23am
took some off. Strongest currency aud
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the cautious seldom err....C
  • #33,826
  • Mar 25, 2014 9:24am Mar 25, 2014 9:24am
Quoting Bizzzle
{quote} Another Great day trading as the thread owner set out for the 4 hour!! Open trades at 10am: EU- +28 EG- +25 EA- +24 EJ- +1 UC- +15 Total = 93 pips Thank you big E for thinking differently to everyone else!! Easy money {image}
Sorry If i confused anyone with my charts I use the same broker with multiple account so I keep the same charts a switch accounts.... so there where some of my other trades on the charts, I have corrected it now
Give yourself a chance and trade it like it's layed out...
  • #33,827
  • Mar 25, 2014 9:28am Mar 25, 2014 9:28am
Quoting OuterWest
{quote} Hi Emmanuel, thats one interesting chart, how did you obtain it? It looks useful in choosing which pairs to trade cheers

Hi OuterWest,

that is an analysis tool used to look at the price correlation of several currency pairs.
Nothing to do with TMS but for study and analysis, trade planning.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,828
  • Mar 25, 2014 9:32am Mar 25, 2014 9:32am
UCad week 13 H4 trade,

A Bearish Outside Bar BEOB PA setup with PA breaking below the PAC and also the MBL on chart.
Trade scale-out +38pips, BE remaining positions.

When the price trend and the TDI trend are in synergy, we let profit run.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,829
  • Mar 25, 2014 9:39am Mar 25, 2014 9:39am
Quoting blamshakk
zoopots many thanks for your invaluable information re: 4h trading method. like you said this timeframe gives a good balance between life and trading. i am also a fan of the synergy pro method, but have been requested not to discuess it on this thread before. however can i ask you what other analysis you incorporate, on top of the TDI ob/os you outlined? eg do you look at HTF analysis, what about your suppoort / resistance tactics. thanks

I am also a huge fan of Advance Synergy 2.0. It is great when we want to trade with "Let Profit Run" when trend breakaway.
When there is a reversal, it will run 3 to 8 candles, and I don't use timed exits when I do 4H swing trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,830
  • Edited 12:53pm Mar 25, 2014 9:40am | Edited 12:53pm
Will manage my CADJPY H4 position in 2 1/2 hours. The history of this setup follows: Traded the 3/7/0800 sell for +90 pips; ignored the 3/10/2000 buy because it had not reached "32", ignored the 3/13/0400 buy as there was not enough meat on the table to the DT line; ignored 3/17/0800 buy as the R/R was horrible (80 pip S/L to 55 pip reward (DT line)) and finally took the 3/20/0000 buy due to divergence and TDI cross in "32" territory (this entry has 30 risk to 85 reward). Will move S/L into profit at current candle close and perhaps lower target as the DSR mean has come down some. (Blamshakk, DSR are my S/R management goals). If the TDI approaches "68" then I would expect the current retracement to run out of steam.

Again, at 1000 PDT I expect this position to be risk free after managing the S/L.

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  • #33,831
  • Mar 25, 2014 9:43am Mar 25, 2014 9:43am
Just got back home. EURGBP closed at +22 pips profit. My target was at EMA.
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My AU is still in the negative but hasn't hit my SL yet. It's pushing hard to go up... we'll see pretty soon how it ends.
Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #33,832
  • Mar 25, 2014 9:47am Mar 25, 2014 9:47am
Quoting Zoopots
Will manage my CADJPY H4 position in 2 1/2 hours. The history of this setup follows: Traded the 3/7/0800 sell for +90 pips; ignored the 3/10/2000 buy because it had not reached "32", ignored the 3/13/0400 buy as there was not enough meat on the table to the DT line; ignored 3/17/0800 buy as the R/R was horrible (80 pip S/L to 55 pip reward (DT line)) and finally took the 3/20/0000 buy due to divergence and TDI cross in "32" territory (this entry has 30 risk to 85 reward). Will move S/L into profit at current candle close and perhaps lower target...
Good trade.

D1 looks good and tomorrow we will know if there is a reversal and we may be in for a good run up.
I build positions on this one.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,833
  • Mar 25, 2014 9:52am Mar 25, 2014 9:52am
Quoting Bizzzle
{quote} Another Great day trading as the thread owner set out for the 4 hour!! Open trades at 10am: EU- +28 EG- +25 EA- +24 EJ- +1 UC- +15 Total = 93 pips Thank you big E for thinking differently to everyone else!! Easy money {image}
Bizzle what broker are you using?
My charts are different looking?
Thanks in advanced
Trade what you see .
  • #33,834
  • Mar 25, 2014 9:55am Mar 25, 2014 9:55am
Quoting TheScorpS
{quote} Would you take entry a little bit earlier? I put some notes on the chart, thanks for you continuous support {image}
Yes, the aggressive entry would have been where you marked the first blue candle following the Pullback Candle Reversal Formation. In this case I was a little more cautious because price had already moved straight down for over 100 pips without any consolidation. I wanted to be sure price was actually reversing and not just consolidating, so I waited for price to break above the first blue candle before entering.
  • #33,835
  • Mar 25, 2014 10:22am Mar 25, 2014 10:22am
Quoting Phx62
{quote} Yes, the aggressive entry would have been where you marked the first blue candle following the Pullback Candle Reversal Formation. In this case I was a little more cautious because price had already moved straight down for over 100 pips without any consolidation. I wanted to be sure price was actually reversing and not just consolidating, so I waited for price to break above the first blue candle before entering.
Thanks sir for you help, much appreciated
I Have Learned to Take Some Losses to Make Profits
  • #33,836
  • Mar 25, 2014 10:30am Mar 25, 2014 10:30am
Quoting Phx62
{quote} I use the Fibonacci Channel indicator. Go to the Insert button at the top of your platform and click it. Move your mouse to Channels and click on the Fibonacci indicator. Double click on your chart to place the indicator. Right click on the new Fibo channel and go to Fibo Channel properties. Open the Fibo Levels tab and change the levels to 1, 0, 0. Then place the channel where you want it.

Thank you.
  • #33,837
  • Mar 25, 2014 10:49am Mar 25, 2014 10:49am
Quoting Zoopots
Will manage my CADJPY H4 position in 2 1/2 hours. The history of this setup follows: Traded the 3/7/0800 sell for +90 pips; ignored the 3/10/2000 buy because it had not reached "32", ignored the 3/13/0400 buy as there was not enough meat on the table to the DT line; ignored 3/17/0800 buy as the R/R was horrible (80 pip S/L to 55 pip reward (DT line)) and finally took the 3/20/0000 buy due to divergence and TDI cross in "32" territory (this entry has 30 risk to 85 reward). Will move S/L into profit at current candle close and perhaps lower target...
Hey zoopots,

check out my chart, my signal seem to be off. is it because im using a different tdi than yours? different settings? mine are default. notice how your last trade your currently in crosses the oversold area and generates your buy, mine doesn't. it cross right above the 32 level. any ideas why? here is a pic depicting what im talking about. also my signal seems to have occured 4 hours earlier, any ideas?
Attached Image (click to enlarge)
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  • #33,838
  • Mar 25, 2014 11:00am Mar 25, 2014 11:00am
Buying cadjpy!
MAY THE PIPS BE WITH YOU!
  • #33,839
  • Mar 25, 2014 11:02am Mar 25, 2014 11:02am
EJ hit weekly support level. There´s i divergence on H1. Perhaps interesting to go long at the break of last candles high and TDI cross.

Regards,

Fx94
Attached Image (click to enlarge)
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  • #33,840
  • Mar 25, 2014 11:05am Mar 25, 2014 11:05am
Quoting dano858
{quote} Bizzle what broker are you using? My charts are different looking? Thanks in advanced
Alpari uk GMT+2
Give yourself a chance and trade it like it's layed out...
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