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  • #35,021
  • Apr 7, 2014 10:04pm Apr 7, 2014 10:04pm
Two trades taken with reduce risk to 1% each.
Plan to add positions when the trend continuation is confirm.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD week15 8 Apr H4 trade.png Size: 15 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD week15 8 Apr H4 trade.png Size: 15 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,022
  • Apr 7, 2014 10:10pm Apr 7, 2014 10:10pm
Quoting Ballistical
I decided to try and do as Bizzzle and a few others are and trade the H4 as Big E laid out on page 1. Week 1, Day 1: 6am: AU- -14 10am: EU- +20 UC- +18 Total = +24 pips for the day {image} {image} {image}
Did you see any trades for 6am DAY2?

Bizzzle also if he is around
  • #35,023
  • Edited 10:29pm Apr 7, 2014 10:16pm | Edited 10:29pm
Quoting lastingwell
{quote}No need to read his post again, just ask him what he meant by his post (attack?) he is in your "trading group" isn't he? I am surprised though he came in especially to post that yesterday, he usually waits until you're on holiday Yes lets all let the matter drop but it would be nice to keep personal attacks off the forum including "friendlier" attacks like the one quoted.
lastingwell you telling me what not to read...
He is in my trading team and surprise you may be but he is active in other forums but not this FF. There are 7 other members who follow FF as well and we always have some good laughs when we read something humorous in FF.
He was not attacking anyone as his questions are all valid and honest ones any investor and trader alike would be asking when a professional post their trades here.

How do you define "friendlier" attack? I think you are being overly sensitive.
If anyone make a post here, they should be prepare to take any questions and explain himself/herself. Do you agree with me?
I always make it a point to reply every member who ask me and I do so politely without suspicion nor questioning his/her frequency to this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,024
  • Apr 7, 2014 10:29pm Apr 7, 2014 10:29pm
Quoting emmanuel7788
Two trades taken with reduce risk to 1% each. Plan to add positions when the trend continuation is confirm. {image} {image}

Dear Emmanuel,

I took below trades & i need your advise to add more position when the trend continuation confirm.
I have never add position when trade on going.Pls advise..

Thanks
Helanka
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Helanka
  • #35,025
  • Apr 7, 2014 10:30pm Apr 7, 2014 10:30pm
Quoting emmanuel7788
{quote} lastingwell you telling me what not to read... He is in my trading team and surprise you may be but he is active in other forums but not this FF. There are 7 other members who follow FF as well and we always have some good laughs when we reach something humorous in FF. He was not attacking anyone as his questions are all valid and honest ones any investor and trader alike would be asking when a professional post their trades here. How do you define "friendlier" attack? I think you are being overly sensitive. If anyone make a post...
Of course you answer with politeness always, because someone else always comes in to do the attacking in your place, which of course leaves "Emmanuel7788" free to be polite. Define friendlier attack? How about
Quote
But in this case, we did not get any answers which I think can benefit more people reading this thread
That was another attack on Bizzle but done in a "friendlier" way.

I didn't tell you what to read or not, I said there was no need for you to read it, he is extremely well known to you but usually only posts when you're on holiday, those are facts anyone can see by noticing when he usually comes in to post,

I don't get suspicious of people like Bizzle, he has shown his trades over and over again, he has given people advice on whether a trade is valid or not in his eyes to posters that are unsure and I haven't seen him set a foot wrong yet. I am suspicious of people that have "friends" that come in and ask awkward questions, yes investors would want to know the answers to those questions, Bizzle is not looking for investors, but someone more suspicious than me might think there are others here who are.
  • #35,026
  • Apr 7, 2014 10:35pm Apr 7, 2014 10:35pm
TMS V19 MTF EA:

Not sure how many people here have tried and tested this EA found in the Commercial Section.
http://www.forexfactory.com/showthre...87#post5079087

I was asked by a member to look at that and I did some tests the last two weeks and found it to be quite good coded and with lots of features where we can possibly use that to trade TMS in a semi-automated way. The interesting thing is that it has many options to select and set for the TDI trade setup conditions and also to set a specific time period to trade.4
If anyone interested, please go to that thread link above and we cam share and discuss there.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,027
  • Apr 7, 2014 10:35pm Apr 7, 2014 10:35pm
I took EURNZD h1 trade & exit with +30 pip near the Support Line

Thanks
Helanka
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd-h1-fx-central-clearing.png Size: 49 KB
Helanka
  • #35,028
  • Apr 7, 2014 10:35pm Apr 7, 2014 10:35pm
Quoting emmanuel7788
Two trades taken with reduce risk to 1% each. Plan to add positions when the trend continuation is confirm. {image} {image}

Good Morning Emmanuel,


I was wondering on your trades when you to typically move your SL to breakeven? For example how many pips in profit would it take before you move your EN & EA trades SL to breakeven during normal market conditions? Thanks in advance!
MAY THE PIPS BE WITH YOU!
  • #35,029
  • Apr 7, 2014 10:37pm Apr 7, 2014 10:37pm
Bizzzle/Balistica.

Was EA the only 6am trade?

I looked at AU, but entry would be 4th bar and also EG but closed above 5EMA

Thanks
  • #35,030
  • Apr 7, 2014 10:37pm Apr 7, 2014 10:37pm
Quoting lastingwell
{quote} Of course you answer with politeness always, because someone else always comes in to do the attacking in your place, which of course leaves "Emmanuel7788" free to be polite. Define friendlier attack? How about {quote}That was another attack on Bizzle but done in a "friendlier" way. I didn't tell you what to read or not, I said there was no need for you to read it, he is extremely well known to you but usually only posts when you're on holiday, those are facts anyone can see by noticing when he usually comes in to post, I don't get suspicious...

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,031
  • Apr 7, 2014 10:38pm Apr 7, 2014 10:38pm
I received two emails asking about trading for bigger targets and not flinching when a few H4 candles go against us. So allow me to randomly pick a pair and show you what has taken me years to learn/discipline myself to do.

Look at AUDUSD Daily below. Let's say we noticed it bounced off of the BN (big number) of .8900 back on 8/5/2013. We should realize that the pair bouncing off that BN is significant and note that on our Daily chart. Okay so things happen over the next 13 days (maybe we traded the bounce, maybe not) but we see price approaching the .8900 BN again and we should be salivating over the expectation of a Daily double bottom. The left pic below establishes the support level, the right pic shows the pair 13 days later approaching a sweet spot. Cool.

Attached Image (click to enlarge)
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So now what? It's nearing .8900...big deal. Yes, it is a big deal! The two pics below have PA in the same point in time but the right pic is what we would be seeing on our H4 chart. And generally, this is what this thread is all about.

Attached Image (click to enlarge)
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So how would I filter all of the TDI Buy crosses between 8/22/0400 and 9/02/0400? Cross labeled #1 doesn't slope upwards to 1 0'clock, is against the MBL slope and doesn't close above the PAC; #2 ditto...all the same reasons; #3 ditto plus the entry candle is red; #4 closes above PAC but TDI pointing toward 2 o'clock and is right under DT line; well low and behold look at #5: TDI pointing to 1 o'clock+MBL beginning to rise+PA closed above PAC+DT line broken and BN .8900 has been honored by at least 6 candles.

Attached Image (click to enlarge)
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What was the entry? E: .8967, S/L: .8890 (below BN); T: .9097. R/R: 1/1.7 Trade management over the next 10 days...stay in position, surf the bottom of the PAC with your S/L, as profit is locked in manage TP higher or trade multiple lots and take partial profit, don't panic Sept 5th as price pulls back (it stays inside the PAC) then exit on 9/12/0400 for +304 pips profit. And remember, this was all set-up by what we saw on our Daily chart concerning a known area of support, namely a BN.

Attached Image


I hope this is helpful to those that may be newer to this thread.
  • #35,032
  • Apr 7, 2014 10:44pm Apr 7, 2014 10:44pm
Quoting emmanuel7788
Two trades taken with reduce risk to 1% each. Plan to add positions when the trend continuation is confirm. {image} {image}

Hello Emmanuel

For your trade, could you tell me if I have analyzed it the way you have

You took this trade cause last months candle closed below the previous months candle indicating possible short month.
Also weekly trend seems to be down also

Then you simply look for entry based on TDI on H4?
Lets Make Some Money
  • #35,033
  • Apr 7, 2014 10:51pm Apr 7, 2014 10:51pm
Quoting Zoopots
I received two emails asking about trading for bigger targets and not flinching when a few H4 candles go against us. So allow me to randomly pick a pair and show you what has taken me years to learn/discipline myself to do. Look at AUDUSD Daily below. Let's say we noticed it bounced off of the BN (big number) of .8900 back on 8/5/2013. We should realize that the pair bouncing off that BN is significant and note that on our Daily chart. Okay so things happen over the next 13 days (maybe we traded the bounce, maybe not) but we see price approaching...
Thank you so much Zoopots, you have laid out in clear explaining how to and what to! this is so helpful thank you
  • #35,034
  • Apr 7, 2014 10:55pm Apr 7, 2014 10:55pm
Quoting Zoopots
I received two emails asking about trading for bigger targets and not flinching when a few H4 candles go against us. So allow me to randomly pick a pair and show you what has taken me years to learn/discipline myself to do. Look at AUDUSD Daily below. Let's say we noticed it bounced off of the BN (big number) of .8900 back on 8/5/2013. We should realize that the pair bouncing off that BN is significant and note that on our Daily chart. Okay so things happen over the next 13 days (maybe we traded the bounce, maybe not) but we see price approaching...

Brilliant Tutorial ZooPot! Thats one of the problems I had been when was making tons of pips. I have always used a hard TP of 100 pips on trades and they would continue to run the whole week sometimes for 400 pips. This was because of my lack the knowledge of when the market was reversal or pullback plus learning on the fly. So I picked 100 pips because they all gave 100 pips or more on good trades. Now with this info I can allow trades to run more because of the confidence the Daily PAC 5emas will give me.

I have left literally thousands of pips on the table because of exiting trades at 100 pips in profit. I missed that major run in AU pairs when they kept going up and I cashed out and then wasn't familiar with bounce trading so didn't get in at different entry points and then took some trades against the over trend and got crushed.

Thanks to you and other guys for taking the time out to give us your insight on posted on the charts as I require visual examples to learn. This allows me to copy the charts and study at my own leisure and fix my own errors really fast.
MAY THE PIPS BE WITH YOU!
  • #35,035
  • Apr 7, 2014 11:00pm Apr 7, 2014 11:00pm
AUDUSD real time: Watching what happens with respect to BN .9300. I did not take the Buy TDI cross an hour ago. Check it in 4 more hours.

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  • #35,036
  • Apr 7, 2014 11:05pm Apr 7, 2014 11:05pm
Quoting DesiBaba
{quote} Hello Emmanuel For your trade, could you tell me if I have analyzed it the way you have You took this trade cause last months candle closed below the previous months candle indicating possible short month. Also weekly trend seems to be down also Then you simply look for entry based on TDI on H4?

First, in my weekly EUR Pairs review I see overall weaker EUR. Read my weekend post.

Second, both trades are H4 setups with fine tune H1 entries.

EURAUD is Prev W FIb 50% with Double Inside Bar breakout entry.

EURNZD is Prev W Pivot with Master Candle and Inside Bar breakout entry.

These are my simple trade entry methods.... that's my own version of Trading Made Simple and all these kind of trade setups are generated by alerts tools and less human discretion required.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,037
  • Apr 7, 2014 11:10pm Apr 7, 2014 11:10pm
Hello everybody
Yesterday took my first TMS trade on EURUSD. Every condition met, TDI green crosses the red, second candle,above 5EMA,stoch confirmation. Really easy textbook entry. TP at old support, out fo 33 pips. The alternative was to move to BE and let it go.
Anybody can recommed any ideas which is better on a longer way?
Thanks for all contributors doing a very good job in this thread.
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  • #35,038
  • Apr 7, 2014 11:11pm Apr 7, 2014 11:11pm
Quoting Zoopots
AUDUSD real time: Watching what happens with respect to BN .9300. I did not take the Buy TDI cross an hour ago. Check it in 4 more hours. {image}
Pip what you see; See what you pip!
  • #35,039
  • Apr 7, 2014 11:18pm Apr 7, 2014 11:18pm
Quoting as33156
{quote} Good Morning Emmanuel, I was wondering on your trades when you to typically move your SL to breakeven? For example how many pips in profit would it take before you move your EN & EA trades SL to breakeven during normal market conditions? Thanks in advance!

Hi AS, Good Morning too.

I use a chart example here to explain how I move my trade to BE and scale-out position. This is not the actual trade chart which I posted earlier as I am on my home computer now and those trades are running in my VPS.

We havbe to watch the PA as pricde progress and look for setups where we can add back postions with banked-in profits later.
Look for price pull back and consolidation breakouts to add positions. I will post as I see them later.
Also must look out for trade invalidation to bail out.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD trade example management.png Size: 47 KB


regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,040
  • Apr 7, 2014 11:19pm Apr 7, 2014 11:19pm
Risk free on EURAUD Tok 5H. The Big Boys are slowly marching towards the Stop Hunt area.

Attached Image
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