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Trading Made Simple

  • #37,161
  • May 6, 2014 8:33am May 6, 2014 8:33am
Quoting Bizzzle
{quote} 4 hour trading the same as page one! 6am: EU- +57 pips GU- +96 pips 10am No trades Total: +153 pips checking my computer 3 times a day and closing all trades at 2pm uk time Best of luck {image}

I saw those trades too, esp the GU at 6AM. But the spike up in PA and TDI was just spiking. I entered the UJ trade, angle was just forming. Oww well still learning. Thanx for the pix, great for understanding.
  • #37,162
  • May 6, 2014 8:50am May 6, 2014 8:50am
N/U gunning for the high. Hopefully aussie finds resistence soon. My G/A and E/A trades underwater now
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the cautious seldom err....C
  • #37,163
  • May 6, 2014 9:16am May 6, 2014 9:16am
Quoting Bizzzle
{quote} 4 hour trading the same as page one! 6am: EU- +57 pips GU- +96 pips 10am No trades Total: +153 pips checking my computer 3 times a day and closing all trades at 2pm uk time Best of luck {image}
Nice! I passed today due to news and I already regret it
  • #37,164
  • May 6, 2014 9:48am May 6, 2014 9:48am
Took these two trades on D1 on 30-04 but was on vacation till yesterday this is why for the late upload but in terminal it shows the day taken the trades.
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  • #37,165
  • May 6, 2014 10:58am May 6, 2014 10:58am
Quoting emmanuel7788
EURCAD and GBPCAD H4 GMT0 server time .. Buy setup anyone? {image}
Easy to say afterwards! but here's how I look at EUR / CAD

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  • #37,166
  • May 6, 2014 12:35pm May 6, 2014 12:35pm
EURAUD

What do you guys think

Daily trade opportunity approaching?
Attached Image (click to enlarge)
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Sad i'm not trying to understand PA
  • #37,167
  • May 6, 2014 12:36pm May 6, 2014 12:36pm
Hi. I discovered this thread on the weekend and since have being reading up/testing..... really interesting. I have being using the original indi's (not sure if any changes have been made recently) and traded it on demo the last two days. Yesterday I was just impatient and took a small loss despite knowing it was a GBP bank holiday and no market volatility. Today has been very interesting however. I have made 130+ pips including 2 small loses. I used the hourly chart and 4hrly (again impatient for results )

Interesting system as I said, however I think today was a traders paradise as I made over 250 pips on my normal systems. I will continue to test and look forward to getting some long term (quantity) results, as it is very simple and easy to use -as the name suggests.
As the lights go by so too do the shadows move
  • #37,168
  • May 6, 2014 12:51pm May 6, 2014 12:51pm
Quoting Bizzzle
{quote} 4 hour trading the same as page one! 6am: EU- +57 pips GU- +96 pips 10am No trades Total: +153 pips checking my computer 3 times a day and closing all trades at 2pm uk time Best of luck {image}
Back with a bang!

Quick question Bizzzle if you don't mind... How much do you consider news within your trade decisions. I notice there was High Impact PMI news at 9:30am London today which presumably your trade ran over? Do you not consider news on H4?
Focus on the process and the profits will follow
  • #37,169
  • May 6, 2014 12:56pm May 6, 2014 12:56pm
Took two trades yesterday and one today, I know I'm posting late but that's life.

The reason I exited where I did on the NZD/USD trade was because it's getting very close to all time highs.
Attached Image(s) (click to enlarge)
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  • #37,170
  • May 6, 2014 1:49pm May 6, 2014 1:49pm
Quoting omonisha
EURAUD What do you guys think Daily trade opportunity approaching? {image}
Hi Omonisha,

On the chart I've posted below you will see I've added the 34 SimpleMA to the chart, it's the equivalent of the Market Base Line on the TDI, you can see how price has reacted to this line recently, the PAC is also pointing up.

The TDI is not ideal for me, with the Green below Red but above the Market Base Line and the 50 level, I like to see the Green below Red below Market Base Line and below the 50 level when trading short on the daily charts. This is just what I've observed in the short time I've been trading this method so I might not be the best person to give advice.

It depends on how aggressive you want to be with your entry, personally I'd wait for my conditions to be met before entering.
Attached Image (click to enlarge)
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  • #37,171
  • May 6, 2014 3:07pm May 6, 2014 3:07pm
Quoting stevepatt
{quote} Hi Omonisha, On the chart I've posted below you will see I've added the 34 SimpleMA to the chart, it's the equivalent of the Market Base Line on the TDI, you can see how price has reacted to this line recently, the PAC is also pointing up. The TDI is not ideal for me, with the Green below Red but above the Market Base Line and the 50 level, I like to see the Green below Red below Market Base Line and below the 50 level when trading short on the daily charts. This is just what I've observed in the short time I've been trading this method...
Nice..Thanks a lot stevepatt...Your observation is well organized and disciplined....you may be trading this method shortly but your experience is deep...and you describe smooth...

...i am also observing the TDI coming out from the blue band...i noticed that whenever TDI get close to the blue band it wants come out....watching how the daily candle close....may be H4 showing a divergence.....and there is AUD news...lets see which way market wants to move....

Happy pipin

Omonisha
Sad i'm not trying to understand PA
  • #37,172
  • May 6, 2014 5:21pm May 6, 2014 5:21pm
Quoting stevepatt
Took two trades yesterday and one today, I know I'm posting late but that's life. The reason I exited where I did on the NZD/USD trade was because it's getting very close to all time highs. {image} {image} {image}
Great & wonderful trade.
Again, it shows TMS can work on any time frame. BigE had aggressive approach. Steve showed that conservative & more stress free approach also generate lots of pips. Everyone needs patience & strategy. Thanks Big E.

Do you consider PAC too?
Candle has to close below the PAC or only G<R<YorO<50.
Do you monitor the trade during the day?
How many trades will take place in a month? I know it depends on how many pairs you trade. I just need your approximate number of trades.

Again, Thanks a lot Steve.
  • #37,173
  • May 6, 2014 5:22pm May 6, 2014 5:22pm
Quoting Ballistical
{quote} Back with a bang! Quick question Bizzzle if you don't mind... How much do you consider news within your trade decisions. I notice there was High Impact PMI news at 9:30am London today which presumably your trade ran over? Do you not consider news on H4?
Yes I do, they were both in some descent profits by then so I just keep an eye on them as news came out.
Give yourself a chance and trade it like it's layed out...
  • #37,174
  • May 6, 2014 5:44pm May 6, 2014 5:44pm
Quoting Bizzzle
{quote} 4 hour trading the same as page one! 6am: EU- +57 pips GU- +96 pips 10am No trades Total: +153 pips checking my computer 3 times a day and closing all trades at 2pm uk time Best of luck {image}
I've tried to find similar setups like the one on EU to figure them out Could you share the thoughts behind the EU entry? Do you look at TDI + Stochs cross more than PA in those situations (the "golden cross"?) and catch the initial momentum with less confirmation from PA? The candle you entered on seems fairly small comparing to the rest, 10am looks very solid, but I'd never have thought it to be a valid 6am setup
  • #37,175
  • Edited 7:37pm May 6, 2014 7:13pm | Edited 7:37pm
GBPNZD week19 H4 trade 6 May.

Took the setup using a Dynamic Candle Entry when the price action bounce off the Prev W Fib127% and also there was MN Historical Swing Level. TDI pointing 12-2 direction from below 32-level. And that strong bullish price bar an UPthrust Bar, ... a A+++ setup.

Trade scale-out +59pips and BE remaining position.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,176
  • May 6, 2014 7:17pm May 6, 2014 7:17pm
Quoting thomi
{quote} Easy to say afterwards! but here's how I look at EUR / CAD {image} {image} {image}

Hi Thomi,

Good use of those Weekly Historical Swing Levels as Support and Resistance. I have the same drawn on my Big Picture Plan charts.
The W1 resistance you idendified was tested 3 times and that was the risk of the H4 setup yesterday.. Buying into resistance!
But potentially there will be a break of that level and that candle will usually be a big one, so we buy low ... using lower timeframe H1 to look for a Buy trade will be a better idea.

Trade Well.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,177
  • May 6, 2014 8:18pm May 6, 2014 8:18pm
dear traders

can someone tell me how to diplay pin bars infornt of HA candles, so i can see the pin bar and HA candle body at the same time.
seems some have posted the pic before? thanks in advance
patience is a virtue
  • #37,178
  • May 6, 2014 9:50pm May 6, 2014 9:50pm
Still 2 and a half hours to go on my charts but there are potential trades setting up on EU, GU, AU, GA, EA and AJ. Looks like there could be a lot of pips to be made today.
  • #37,179
  • May 6, 2014 9:58pm May 6, 2014 9:58pm
Quoting blueseahorse
dear traders can someone tell me how to diplay pin bars infornt of HA candles, so i can see the pin bar and HA candle body at the same time. seems some have posted the pic before? thanks in advance
Hey Blue. Right click on the chart and go to properties. You can play with the colours and also if you want the chart on foreground/background.
Here's my setup. I keep my main analysis on another platform to keep the confusion low.
Attached Image (click to enlarge)
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As the lights go by so too do the shadows move
  • #37,180
  • May 6, 2014 10:52pm May 6, 2014 10:52pm
hello , im newbie here, i have a question to ask :
Im using MT4 version 4 Build 646 and when i load TDI indicator , my chart display like this
Attached Image (click to enlarge)
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can someone tell me how to fix it
thank you
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