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Trading Made Simple

  • #33,961
  • Mar 26, 2014 6:11am Mar 26, 2014 6:11am
Quoting pips29
{quote} If it goes past it the next target will be around 95.60 according to my weekly chart {image}

yes, that is a reaslistic target.
Also look at MN using a naked candlestick chart, see where the history price levels where buyers and sellers did agree in the past.

back to H4, will see the last time where reversal happeed and at which TDI level. The next reversal will most like be at the same TDI level, but there must be consolidation before the turnaround.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,962
  • Mar 26, 2014 6:13am Mar 26, 2014 6:13am
Quoting Fx94
Took this trade on EUR /AUD. Made +50 pips. Entered at the break of FO candle break while london session. TP was set at 50 pips and SL at 50 pips. After price went to 21 pips in my direction I put SL to BE +spread and made a trailing stopp of 30 pips. Since the SL was below entry price I went away and didnīt monitor the trade. Here is my chart. Best regards, Fx94 {image}

good trade.

consolidation, then PA breaks LL.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,963
  • Mar 26, 2014 6:21am Mar 26, 2014 6:21am
Quoting emmanuel7788
{quote} yes, that is a reaslistic target. Also look at MN using a naked candlestick chart, see where the history price levels where buyers and sellers did agree in the past. back to H4, will see the last time where reversal happeed and at which TDI level. The next reversal will most like be at the same TDI level, but there must be consolidation before the turnaround.
Thanks for your input. Will keep that in mind
the cautious seldom err....C
  • #33,964
  • Mar 26, 2014 6:31am Mar 26, 2014 6:31am
Quoting Fx94
Took this trade on EUR /AUD. Made +50 pips. Entered at the break of FO candle break while london session. TP was set at 50 pips and SL at 50 pips. After price went to 21 pips in my direction I put SL to BE +spread and made a trailing stopp of 30 pips. Since the SL was below entry price I went away and didnīt monitor the trade. Here is my chart. Best regards, Fx94 {image}
Nice trade, also a break of a BRN too 1.50.
  • #33,965
  • Mar 26, 2014 6:58am Mar 26, 2014 6:58am
Quoting emmanuel7788
{quote} GBPCAD pull back entry. Use lower TF for entry.
You mean you after the pull back you want to short or you want to go long with the pull back?
MAY THE PIPS BE WITH YOU!
  • #33,966
  • Mar 26, 2014 7:07am Mar 26, 2014 7:07am
Quoting Fx94
Took this trade on EUR /AUD. Made +50 pips. Entered at the break of FO candle break while london session. TP was set at 50 pips and SL at 50 pips. After price went to 21 pips in my direction I put SL to BE +spread and made a trailing stopp of 30 pips. Since the SL was below entry price I went away and didnīt monitor the trade. Here is my chart. Best regards, Fx94 {image}

Hi

Please where can i find the dotted box line indicator for sessions and draw channel, which you have used in your chart

Thanks
  • #33,967
  • Mar 26, 2014 7:10am Mar 26, 2014 7:10am
Quoting as33156
{quote} You mean you after the pull back you want to short or you want to go long with the pull back?

look at weekly, do you see sideways market and that master candle?

then I look at Daily, and master candle, and bias is sell, right?

then, why did LO created a huge pullback? are there buyers or sellers?

PA wise, I see H4 double inside bar (using GMT0) with a recent breakout candle. The market sees this too, too obvious. So I believe sellers wants to sell at higher price but first take out all the stops above.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,968
  • Mar 26, 2014 7:12am Mar 26, 2014 7:12am
Quoting mkfx
{quote} Hi Please where can i find the dotted box line indicator for sessions and draw channel, which you have used in your chart Thanks
Hi,I will upload them here when I will be back at my computer. You find find it in the paperclip. It is called breakoutbox.
  • #33,969
  • Mar 26, 2014 7:21am Mar 26, 2014 7:21am
EURAUD target 100% weekly range:

On target soon while we see strong trending market.
Attached Image (click to enlarge)
Click to Enlarge Name: EA week 13 target 100pct wadr.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,970
  • Mar 26, 2014 7:35am Mar 26, 2014 7:35am
Quoting Bizzzle
{quote} You need to have more patients, like you have said before if you stick to your rules you are make lots of green pips!!! Patients is Key!
I'm still in my GJ buy since 12 noon gmt yesterday does that qualify as patience
  • #33,971
  • Mar 26, 2014 7:36am Mar 26, 2014 7:36am
Quoting pips29
{quote} Thanks for your input. Will keep that in mind
AUDJPY weeks ahead of us, what I will look for...
keep stalkimngb this pair for TMS 4H swing trading.
weekly range is 245pips, catch 60% of that range and use Plan, Build, Run ... you can bag twice that amount of pips with ME/ME.
Attached Image (click to enlarge)
Click to Enlarge Name: AJ long term planning.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,972
  • Mar 26, 2014 7:38am Mar 26, 2014 7:38am
Quoting lastingwell
{quote}I'm still in my GJ buy since 12 noon gmt yesterday does that qualify as patience

Nice trading..but ... . No Chart No Talk...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,973
  • Mar 26, 2014 7:47am Mar 26, 2014 7:47am
Quoting emmanuel7788
{quote} Nice trading..but ... . No Chart No Talk...
I've actually posted loads of trades with the actual trade on there, (which by the way you have never commented on) I don't happen to be at my computer at the moment and can't post a chart because as a few of the traders here know, my father is pretty ill and I am coming here for a bit of light relief so I'm not really in the mood for your petty comments thanks.
  • #33,974
  • Mar 26, 2014 7:47am Mar 26, 2014 7:47am
Sneak Preview:
Another TMS-II project development.

Composite Currency Pair trading with TMS 5-Method.
This is currently running in demo forward testing.
We trade the composite currency strength of the JPY pairs using a special chart created using the price of each of the seven JPY pairs and trade TMS on the Composite JPY Chart. Based on TMS setups on the Composite chart, we buy or sell all pairs at the same time. Trade management is done using a special version of MPTM for CXJPY.
Attached Image (click to enlarge)
Click to Enlarge Name: JPY Composite trading.png Size: 156 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,975
  • Mar 26, 2014 7:49am Mar 26, 2014 7:49am
Quoting emmanuel7788
{quote} Nice trading..but ... . No Chart No Talk...
hey emmanuel,

could you post the indicator that shows the weekly pivot, 60% range, and 100% range?
  • #33,976
  • Mar 26, 2014 7:53am Mar 26, 2014 7:53am
Quoting mkfx
{quote} Hi Please where can i find the dotted box line indicator for sessions and draw channel, which you have used in your chart Thanks

Here you are !
Attached File(s)
File Type: ex4 BreakOut_BOX_4_London_indicator.ex4   7 KB | 497 downloads
File Type: ex4 BreakOut_BOX_4_NewYork_OpeningRange_indicator.ex4   7 KB | 446 downloads
  • #33,977
  • Mar 26, 2014 7:53am Mar 26, 2014 7:53am
Quoting lastingwell
{quote}I'm still in my GJ buy since 12 noon gmt yesterday does that qualify as patience
Like an idiot i took profit at yesterdays high after entering the same time as you

Also, it retraced by what 50 pips or so, what made you not move to BE? Im still having slight trouble letting trades ride.

She could go to 171.8 or so, massive potential.

Sorry to hear about your dad Heather, perspective of life> Internet warrior.
  • #33,978
  • Mar 26, 2014 7:54am Mar 26, 2014 7:54am
Quoting emmanuel7788
{quote} AUDJPY weeks ahead of us, what I will look for... keep stalkimngb this pair for TMS 4H swing trading. weekly range is 245pips, catch 60% of that range and use Plan, Build, Run ... you can bag twice that amount of pips with ME/ME. {image}
Thanks for the tip!
POSSIBILITIES ARE INFINITE, YOU CAN ACCOMPLISH ANYTHING!
  • #33,979
  • Mar 26, 2014 7:56am Mar 26, 2014 7:56am
Quoting lastingwell
{quote}I've actually posted loads of trades with the actual trade on there, (which by the way you have never commented on) I don't happen to be at my computer at the moment and can't post a chart because as a few of the traders here know, my father is pretty ill and I am coming here for a bit of light relief so I'm not really in the mood for your petty comments thanks.

Hi,

Sorry to hear about your father' illness. Wish him well and a speedy recovery.
I did see those trade posts you made in the past and I did make an occassional reference to your way to use MTF lower TF entries.
Sorry, i did not know you expected my comments. But I see you have a consistent approach using MTFA and I can't add any value to what you are sharing except the occassional reference when I see new members attempting the same.

take care,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,980
  • Mar 26, 2014 7:58am Mar 26, 2014 7:58am
Quoting emmanuel7788
Sneak Preview: Another TMS-II project development. Composite Currecny Pair trading with TMS 5-Method. This is currently running in demo forward testing. We trade the composite currency strength of the JPY pairs using a special chart created using the price of each of the seven JPY pairs and trade TMS on the Composite JPY Chart. Based on TMS setups on the Composite chart, we buy or sell all pairs at the same time. Trade management is done using a special version of MPTM for CXJPY. {image}
Also called basket trading: http://www.forexfactory.com/showthread.php?t=391229 which I do all the time and have posted about, are you developing something they haven't thought of?
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