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Trading Made Simple

  • #36,701
  • Apr 23, 2014 10:47pm Apr 23, 2014 10:47pm
Closed my AN trade

The other two are swimming well
  • #36,702
  • Apr 23, 2014 11:16pm Apr 23, 2014 11:16pm
No 6am trades from me. Seems we are paying today for yesterday's beautiful setups, everything is consolidating
  • #36,703
  • Apr 23, 2014 11:18pm Apr 23, 2014 11:18pm
Quoting timginter
No 6am trades from me. Seems we are paying today for yesterday's beautiful setups, everything is consolidating
And its not even 6am yet
  • #36,704
  • Apr 23, 2014 11:21pm Apr 23, 2014 11:21pm
Looking ahead for 6AM trades, but charts do nothing seems to pan out. Could be a no trade morning. Only thing that seems good is AU. But already 3 candles on the positive side. TDI is there, maybe might enter or not. Wait to see 6AM.
  • #36,705
  • Apr 23, 2014 11:36pm Apr 23, 2014 11:36pm
Quoting hunter101
Looking ahead for 6AM trades, but charts do nothing seems to pan out. Could be a no trade morning. Only thing that seems good is AU. But already 3 candles on the positive side. TDI is there, maybe might enter or not. Wait to see 6AM.

I am sure you are right, but I like to wait until the clock strikes --- TDI first and then PA
  • #36,706
  • Apr 23, 2014 11:45pm Apr 23, 2014 11:45pm
Quoting hunter101
Looking ahead for 6AM trades, but charts do nothing seems to pan out. Could be a no trade morning. Only thing that seems good is AU. But already 3 candles on the positive side. TDI is there, maybe might enter or not. Wait to see 6AM.
Likewise, can't see anything setting up for 6am...
Focus on the process and the profits will follow
  • #36,707
  • Edited Apr 24, 2014 12:03am Apr 23, 2014 11:52pm | Edited Apr 24, 2014 12:03am
Quoting GilR
My daily trades for today are AN, AJ short and EG long. ( I name my trades as I take them --- not after so you see the whole picture as I trust my modified TMS to come out a winner. Remember that if you get 5 or 6 winners out of 10 you are going well as with experience this will change to 7 or 8 AN is already well in profit. I post charts on my website ( for the time being my journal etc) as I cannot be bothered changing my chart look for here. flinx -- as I populate my site, video training and trade selection will play a big part. Happy hunting...
Hi Gil,

If you make a template with the TMS indicators you can switch between the two, to be able to see charts here, it only takes couple of seconds.

It's a lot more constructive to have charts posted with trades taken.
  • #36,708
  • Apr 23, 2014 11:57pm Apr 23, 2014 11:57pm
Quoting Ballistical
{quote} Likewise, can't see anything setting up for 6am...
Maybe you should start trying the D trades as well
  • #36,709
  • Apr 24, 2014 12:03am Apr 24, 2014 12:03am
Did anybody consider UJ?
  • #36,710
  • Apr 24, 2014 12:12am Apr 24, 2014 12:12am
Not sure with anyone else, i see no trades. AU seems good, but already 3 candles in while the TDI is looking good for a long, but since 3 candles in, a no trade for me.

GU looks good as well, but TDI isn't moving anywhere now, green has yet to overlap the red, seems like it would, but since no action, no trade for me.

Would UJ be considered a bounce? Since TDI went green then abruptly went red. If that's the case then EJ would also mirror this.
  • #36,711
  • Apr 24, 2014 12:20am Apr 24, 2014 12:20am
I didn't consider AUD/JPY D1 for a short trade because the past three weeks have all been inside weeks with support below.

I'm looking to get my Daily trades in line with the Weekly so far I've found none this week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 24th Apr 14 AUD:JPY W1 Chart.png Size: 111 KB
Click to Enlarge Name: 24th Apr 14 AUD:JPY D1 Chart.png Size: 132 KB
  • #36,712
  • Apr 24, 2014 12:24am Apr 24, 2014 12:24am
Quoting stevepatt
I didn't consider AUD/JPY D1 for a short trade because the past three weeks have all been inside weeks with support below. I'm looking to get my Daily trades in line with the Weekly so far I've found none this week. {image} {image}
So to trade H4 you do so with the weekly trend?

AJ is going very nicely for me sofar... but with a D trade at lot can change in a couple of hours
  • #36,713
  • Apr 24, 2014 12:25am Apr 24, 2014 12:25am
Quoting hunter101
Not sure with anyone else, i see no trades. AU seems good, but already 3 candles in while the TDI is looking good for a long, but since 3 candles in, a no trade for me. GU looks good as well, but TDI isn't moving anywhere now, green has yet to overlap the red, seems like it would, but since no action, no trade for me. Would UJ be considered a bounce? Since TDI went green then abruptly went red. If that's the case then EJ would also mirror this.
Regards UJ my thoughts :Chart somewhat going sideways, but we coming of both 1H & 4H descending channels. Good TDI cross: SEE WHAT HAPPENS AT FO & THEN LO
  • #36,714
  • Apr 24, 2014 12:28am Apr 24, 2014 12:28am
Quoting GilR
{quote} Regards UJ my thoughts :Chart somewhat going sideways, but we coming of both 1H & 4H descending channels. Good TDI cross: SEE WHAT HAPPENS AT FO & THEN LO
Yea, was wondering about that.. Regardless no trade that i can see. Good luck to those who entered with TMS rule set. See you at 10AM London time!! Goin to nap now
  • #36,715
  • Apr 24, 2014 12:32am Apr 24, 2014 12:32am
Quoting GilR
{quote} So to trade H4 you do so with the weekly trend? AJ is going very nicely for me sofar... but with a D trade at lot can change in a couple of hours
If I was trading H4 I would want to see it in agreement with D1, I only trade D1 because of limited time to trade.

I know this isn't how BigE traded it but as we are essentially trading a MA cross over I want to have more in my favour especially on D1.

Take a look at the USD/CAD charts I posted earlier Post 36,696
  • #36,716
  • Apr 24, 2014 12:35am Apr 24, 2014 12:35am
Quoting stevepatt
{quote} If I was trading H4 I would want to see it in agreement with D1, I only trade D1 because of limited time to trade. I know this isn't how BigE traded it but as we are essentially trading a MA cross over I want to have more in my favour especially on D1. Take a look at the USD/CAD charts I posted earlier Post 36,696
Understand now thanks Steve
  • #36,717
  • Apr 24, 2014 1:14am Apr 24, 2014 1:14am
Quoting stevepatt
{quote} If I was trading H4 I would want to see it in agreement with D1, I only trade D1 because of limited time to trade. I know this isn't how BigE traded it but as we are essentially trading a MA cross over I want to have more in my favour especially on D1. Take a look at the USD/CAD charts I posted earlier Post 36,696
Hi Steve, thanks for sharing. "In agreement" with D1 means, the trend in agreement or the current HA candle? Based on post 36,696, can i say in agreement with the weekly trend before shorting on D1?

Thank you.
  • #36,718
  • Apr 24, 2014 1:37am Apr 24, 2014 1:37am
Quoting pastecopy
{quote} Hi Steve, thanks for sharing. "In agreement" with D1 means, the trend in agreement or the current HA candle? Based on post 36,696, can i say in agreement with the weekly trend before shorting on D1? Thank you.
If the TDI on W1 is Green over RED then I want to be trading long on D1.

Lastingwell posted a reference about getting a trading bias from one TF higher than you are trading in this post Post 36,653 it helps to avoid fake outs.
  • #36,719
  • Apr 24, 2014 1:48am Apr 24, 2014 1:48am
Quoting stevepatt
{quote} If the TDI on W1 is Green over RED then I want to be trading long on D1. Lastingwell posted a reference about getting a trading bias from one TF higher than you are trading in this post Post 36,653 it helps to avoid fake outs.
+1
  • #36,720
  • Apr 24, 2014 3:03am Apr 24, 2014 3:03am
Gilr ,

Can you took a look at my post 36697 with two trades taken on daily charts. Consider that i use stoch slope because as i can see that TDI also has the same picture on D1 charts.

Good trading to all.
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