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Trading Made Simple

  • #36,721
  • Apr 24, 2014 3:48am Apr 24, 2014 3:48am
Quoting alex8585
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.
Alex - Something wrong with those charts - can you repost
  • #36,722
  • Apr 24, 2014 3:58am Apr 24, 2014 3:58am
No my friend because i am at work at the moment and don't have access.
Never mind time will prove if it is good or bad trade.
  • #36,723
  • Edited 4:23am Apr 24, 2014 4:11am | Edited 4:23am
16 pips on EURUSD just now on 15M time frame. Not strictly speaking TMS, so apologies for that, more guerrilla S+D trading with TMS / TDI to confirm, but keep an eye out for the 'V hooks' on the TDI especially when they go into overbought/oversold area's.

Whoops just noticed Draghi is speaking!
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  • #36,724
  • Apr 24, 2014 4:12am Apr 24, 2014 4:12am
I'm not seeing any clear-cut H4 entries at this time so it's back to bed for me.
  • #36,725
  • Apr 24, 2014 4:22am Apr 24, 2014 4:22am
Quoting CharlieTuna
I'm not seeing any clear-cut H4 entries at this time so it's back to bed for me.
Agreed. There's a few crosses on my charts but nothing to tempt me today.
Focus on the process and the profits will follow
  • #36,726
  • Apr 24, 2014 4:38am Apr 24, 2014 4:38am
Absolutely nothing on my my H4 charts going on today.
  • #36,727
  • Apr 24, 2014 4:53am Apr 24, 2014 4:53am
Quoting irishtoffy
Absolutely nothing on my my H4 charts going on today.
There was GBPNZD on the H1 chart. Sadly I got in a bit too late, and impatience and boredom/nerves got the better of me, so I got out + 6-7 pippies. Weirdly its a bank holiday in NZD land.
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  • #36,728
  • Apr 24, 2014 5:08am Apr 24, 2014 5:08am
Quoting hostwey
{quote} There was GBPNZD on the H1 chart. Sadly I got in a bit too late, and impatience and boredom/nerves got the better of me, so I got out + 6-7 pippies. Weirdly its a bank holiday in NZD land. {image}
Tomorrow .. ANZAC DAY
  • #36,729
  • Apr 24, 2014 5:21am Apr 24, 2014 5:21am
2 trades taken on H4 at10am this morning
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the cautious seldom err....C
  • #36,730
  • Apr 24, 2014 5:21am Apr 24, 2014 5:21am
is it just me or are all the crosses happening well into the 3rd or 4th candle at the moment. AU and NU good examples

  • #36,731
  • Apr 24, 2014 5:36am Apr 24, 2014 5:36am
Quoting ccmog
is it just me or are all the crosses happening well into the 3rd or 4th candle at the moment. AU and NU good examples
It's not just you..not a great week so far.
  • #36,732
  • Apr 24, 2014 6:15am Apr 24, 2014 6:15am
just taken this trade with tight stop of 20 pips
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the cautious seldom err....C
  • #36,733
  • Apr 24, 2014 6:20am Apr 24, 2014 6:20am
Hi all,
Here's a successful trade I took yesterday:

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and here is the trade when I exited:

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Overall about +22 pips. I exited here as I went to bed after this.

Interestingly, although this still suggests there is more movement up, the next candle looked like this:

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Does anyone have any advice for exiting trades? This would have resulted in this being a losing trade according to TMS rules, as neither TDI nor stochs suggested pullback. (to me)

Any advice would be greatly appreciated,
Many Thanks
  • #36,734
  • Apr 24, 2014 6:21am Apr 24, 2014 6:21am
taken 1/2 off and moved tp lower at high end of atr
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the cautious seldom err....C
  • #36,735
  • Apr 24, 2014 6:26am Apr 24, 2014 6:26am
Quoting flinx
Hi all, Here's a successful trade I took yesterday: {image} and here is the trade when I exited: {image} Overall about +22 pips. I exited here as I went to bed after this. Interestingly, although this still suggests there is more movement up, the next candle looked like this: {image} Does anyone have any advice for exiting trades? This would have resulted in this being a losing trade according to TMS rules, as neither TDI nor stochs suggested pullback. (to me) Any advice would be greatly appreciated, Many Thanks
NZDJPY has been cycling up and down this 100 pip range for two weeks now, apart from two days of ranging over the Easter break. Can it muster enough strength to break through any of these levels, and step up (or down)? At the moment no idea! All I can say is the next move is likely to be upwards!
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  • #36,736
  • Apr 24, 2014 6:26am Apr 24, 2014 6:26am
Quoting GilR
{quote} Good morning - before selecting my daily trades let me go back to yesterdays minor hiccup. Without checking, the loss was 85 or 88 pips plus commission EN & AC. I took the trades on TDI cross at open and before the news event from memory they were up nearly 35 or 40 pips. Whose knows that little voice that says "quit now" and the other "stay in " the news will be good. Well that voice won and within a second of news I was 80 or 90 pips down. I then hoped that the drop may have been over reaction and that it would climb back after a news...

Thanks for reply.
  • #36,737
  • Apr 24, 2014 6:48am Apr 24, 2014 6:48am
Closed my trades for today -- Not around tomorrow (and they all cheered)

Daily: AN +43, AJ +29

London: UJ -12, AN +17

Another ok tally for a short week
  • #36,738
  • Apr 24, 2014 7:10am Apr 24, 2014 7:10am
Quoting GilR
Closed my trades for today -- Not around tomorrow (and they all cheered) Daily: AN +43, AJ +29 London: UJ -12, AN +17 Another ok tally for a short week
What about EG long.
  • #36,739
  • Apr 24, 2014 7:34am Apr 24, 2014 7:34am
Quoting alex8585
{quote} What about EG long.
You are sharp

Still at -2 and waiting to close
  • #36,740
  • Apr 24, 2014 8:48am Apr 24, 2014 8:48am
Taken on GOLD
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Sad i'm not trying to understand PA
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