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Trading Made Simple

  • #35,941
  • Apr 15, 2014 8:24am Apr 15, 2014 8:24am
Is there anyone with some real wisdom that could look at the GN and see if its time to exit or stay in,
I have my scalp screen open like PHX62
m15,h1 & h4

h4 looks like its hit structure from the left h1 has a little to go and m15 well that does as it likes anyway...
  • #35,942
  • Apr 15, 2014 8:25am Apr 15, 2014 8:25am
Quoting Direwolf
GilR, good to have you back! Wanted to send you some PM but the site didn't allow me. Also noticed I've been reading your name wrong all these time, I thought it says "GIRL" Looking at the image you posted I still don't understand why you were suspended, but best to leave it be I guess.
Yes! But we must take this opportunity to promote TMS as per the originator!
  • #35,943
  • Apr 15, 2014 8:26am Apr 15, 2014 8:26am
Quoting pastecopy
{quote} Could you please let me know the what time are you following? Slightly different from first page? 10pm 22:00 (pacific) 2am 02:00 (pacific) 6am 06:00 (pacific) Thank you,
remember uk is now on British summer time,
we used to get h4 candle at 8am 12pm 4pm
now 9am (lie in,.....) 1pm &5pm,
  • #35,944
  • Apr 15, 2014 8:28am Apr 15, 2014 8:28am
Long GBPUSD H4 for a chuckle
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4JPG.JPG Size: 43 KB
  • #35,945
  • Apr 15, 2014 8:31am Apr 15, 2014 8:31am
Quoting Nellycopter
Is there anyone with some real wisdom that could look at the GN and see if its time to exit or stay in, I have my scalp screen open like PHX62 m15,h1 & h4 h4 looks like its hit structure from the left h1 has a little to go and m15 well that does as it likes anyway...
Great trade if you got in on the 4h cross

On 4h chart it has a few pips to reach top of channel
  • #35,946
  • Apr 15, 2014 8:36am Apr 15, 2014 8:36am
Quoting GilR
{quote} Honestly, I started Sunday, but then I got banned my heart was no longer in it. But in the coming days with the help of other BIG E fans we will make TMS what it is: TRADING MADE SIMPLE Plan on doing video when I again see a good setup.... I was going to do daily EU, but the channels have now changed somewhat. I may do a chart oif that one tomorrow. Obviously to pick the best TDI cross we must be able to read the chart as well. My scrap was to say that all this monthy/weekly topside etc analyses was a waste of time --- it may not be for...
I'm sure somewhere Big E trades just the TDI with no chart, as an experiment. Not sure where I saw it though. Might have been his earlier Craig Harris Stock thread...or I imagined it!
  • #35,947
  • Apr 15, 2014 8:37am Apr 15, 2014 8:37am
Quoting Nellycopter
{quote} remember uk is now on British summer time, we used to get h4 candle at 8am 12pm 4pm now 9am (lie in,.....) 1pm &5pm,
ok, this may help me out. How many hours difference before/after LO for 6am and 10am respectively?

Thank you
  • #35,948
  • Apr 15, 2014 8:40am Apr 15, 2014 8:40am
Quoting GilR
{quote} Great trade if you got in on the 4h cross On 4h chart it has a few pips to reach top of channel
Im out with you saying that Gilr,
do you draw you channels manually ?
  • #35,949
  • Apr 15, 2014 8:43am Apr 15, 2014 8:43am
Quoting pastecopy
{quote} ok, this may help me out. How many hours difference before/after LO for 6am and 10am respectively? Thank you
My first candle opens 2 hours before LO and every 4 hours, go to google and check what 6am London time is where you are... Hope that helped
Give yourself a chance and trade it like it's layed out...
  • #35,950
  • Apr 15, 2014 8:47am Apr 15, 2014 8:47am
Quoting Bizzzle
Trading the 4 hour as seen on page one: 6am: AU- +22 pips AJ- +27 pips 10am: EG- +5 pips UC- -1 pips EJ - -14 pips all close at 2 pm London time Total = +39 pips for the day and +13 pips = +52 pips for the week checking my computer 3 times a day Best of luck P.s closed them all 5 mins early as had to pop out {image}
  • #35,951
  • Apr 15, 2014 8:50am Apr 15, 2014 8:50am
Quoting pastecopy
{quote} ok, this may help me out. How many hours difference before/after LO for 6am and 10am respectively? Thank you
I believe you need gmt +3 broker
  • #35,952
  • Apr 15, 2014 8:53am Apr 15, 2014 8:53am
Quoting Nellycopter
{quote} Im out with you saying that Gilr, do you draw you channels manually ?
No -- I use MTF-SHI-channel indicator

I put the daily and 4h on daily chart and the 4h and ih on 4h chart -- really helps me to see support and resistance at a glance
  • #35,953
  • Apr 15, 2014 8:58am Apr 15, 2014 8:58am
Hello everyone,
I have a question about the time.
My time is now 1552,and London time is 1452.
So the broker send me new H4 bar 1 hour earlier than London time.
Does that have an influence on our trading system?
I apologize first if the question has already been answered.
I am new here so I just have the time to go through the first 845 posts.
Many thanks to big E ,I feel sad he has gone.
  • #35,954
  • Apr 15, 2014 9:00am Apr 15, 2014 9:00am
How much You consider the News in Your trading style ?
Thanks
  • #35,955
  • Apr 15, 2014 9:04am Apr 15, 2014 9:04am
Quoting Bizzzle
Trading the 4 hour as seen on page one: 6am: AU- +22 pips AJ- +27 pips 10am: EG- +5 pips UC- -1 pips EJ - -14 pips all close at 2 pm London time Total = +39 pips for the day and +13 pips = +52 pips for the week checking my computer 3 times a day Best of luck P.s closed them all 5 mins early as had to pop out {image}
Very impressive Bizzzle!

I considered AU at 6am but decided against it. Glad it worked out for you though!

Think I'm gonna look at expanding my portfolio next week
Focus on the process and the profits will follow
  • #35,956
  • Apr 15, 2014 9:19am Apr 15, 2014 9:19am
Lovely GA trade this morning.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD_150414.png Size: 45 KB
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #35,957
  • Apr 15, 2014 9:22am Apr 15, 2014 9:22am
AUDCAD this morning.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD_150414.png Size: 42 KB
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #35,958
  • Apr 15, 2014 9:51am Apr 15, 2014 9:51am
Quoting Bizzzle
Trading the 4 hour as seen on page one: 6am: AU- +22 pips AJ- +27 pips 10am: EG- +5 pips UC- -1 pips EJ - -14 pips all close at 2 pm London time Total = +39 pips for the day and +13 pips = +52 pips for the week checking my computer 3 times a day Best of luck P.s closed them all 5 mins early as had to pop out {image}
Excellent

what is your broker timings GMt or GMT+3 . in your charts if you can show timings as well it will be great to compare with our charts.

Thanks
  • #35,959
  • Apr 15, 2014 9:53am Apr 15, 2014 9:53am
Quoting mkfx
{quote} Excellent what is your broker timings GMt or GMT+3 . in your charts if you can show timings as well it will be great to compare with our charts. Thanks
Sorry about that I will next time, I am with alpari uk and it gmt +2
Give yourself a chance and trade it like it's layed out...
  • #35,960
  • Apr 15, 2014 10:19am Apr 15, 2014 10:19am
EURAUD H1 trades yesterday and today.

Entry yesterday after a 3-bar combination inside the mastercandle of the asian session. One small bar with two outside bars. Entry on break of the second OB to the downside with TDI confirmation. => +50 pips

Second trade yesterday evening on EURAUD forming a nice buillish bat pattern - which indicates a potential reversal. Because of a very small stop loss of 13 pips I gave this a chance and put a target profit of +40 pips.

Third trade I thought at a continuation of the bullish bat. So I waited to enter long again. But I was too early. On a spike up - candle got blue I entered,. Afterwards price drops again. I got in with another position to (looked at M15) - but as this even not wanted to develop I closed this additional position some minutes later with a loss of -7 pips.
Then the upmove came while the London low holded. I exited my on 3 stages. => average of +55 pips

(Sorry for the overloaded second chart, which is really not simple any more... - but that was the confidence for the long bias today)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2014-04-14 17.00 EURAUD H1 - profit.png Size: 76 KB
Click to Enlarge Name: 2014-04-15 16.00 EURAUD H1 - profit.png Size: 172 KB
fxFox (all times in my charts are GMT+1)
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