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Trading Made Simple

  • #37,861
  • May 27, 2014 12:36pm May 27, 2014 12:36pm
Quoting pips29
{quote} I don't see a HH and HL on H4. Perhaps ,you can post the chart so we can see what you are seeing
Apologies. You're right. I was on H1.
  • #37,862
  • May 27, 2014 5:29pm May 27, 2014 5:29pm
Quoting veryspecial1
{quote} Hallo Emmanuel, I'm new in this thread and it takes me a few months to study and demo this system. At this moment I'm thinking to trade the GBP/Jpy pair. What is your opinion about a short trade with the 4 Hr time frame ?? Is it worthed to try ??? Thank you veryspecial1

Hello veryspecial1,

Sorry, this week I am very busy so do not have time to help new traders here.

GBPJPY, 8 hrs ago on H4 was a TDI cross down but above the MBL. Not good idea.
Some traders may see a bearish divergence and that may have given weight for that sell trade setup. But when we look at Price Action and where Support and Resistance, it would be selling into Support.
On D chart there is a consolidation with Master Candle. And price now stalled at RN 171.5 very obvious.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,863
  • May 27, 2014 6:37pm May 27, 2014 6:37pm
Quoting emmanuel7788
EURUSD week22 D chart trading 27May. As Tokyo open few minutes ago, I see a D chart trade setup with the TDI in the oversold region 32-level. Price Action wise, it came off historical support and resistance 1.3610 and 1.3644 {image} Trade Well Folks! regards, EMMANUEL

EURUSD Week22:

Buyers still must wait for a CONSOLIDATION before the next big move when trading the 4H swing.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week22 D chart 28May.png Size: 64 KB


Trade Well.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,864
  • May 27, 2014 6:41pm May 27, 2014 6:41pm
Quoting emmanuel7788
USDNZD Week21 H4 trade. here is an example of a Price Action trade H4 Pin Bar with TDI confirmation. {image}

USDNZD H4 trade closed.
Got stopped out at BE by the price pullback from 0.8562.
Still looking for long trade with PA at a double bottom now at historical support and Prev W Low.


Attached Image (click to enlarge)
Click to Enlarge Name: USDNZD Wek21 H4 trade 26May closed.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,865
  • May 27, 2014 6:46pm May 27, 2014 6:46pm
Quoting emmanuel7788
EURAUD and EURNZD Week21 27May view: Just took a look at the D charts of these two pairs and what I see is CONSOLIDATION with Master Candles seen. Will be difficult to pick a 4H swing trade now but the breakout opportunity is good this week. My pick is EURNZD over its AUD cousin. But then. I can take both and divide the same initial risk of 2% to each currency pair. {image} {image} Trade Well Folks! regards, EMMANUEL Edit: Read some report on GBP interest rate, so we have to watch the GBP pairs.

EURAUD and EURNZD Update 28May:
Still no trade yet. waiting game to see if Euro will strengthen to put weight to take a buy trade.

Also cautiously looking at GBPxxx pairs for things to happen this week and close the Monhtly candles.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,866
  • May 27, 2014 10:28pm May 27, 2014 10:28pm
EURUSD Week22 H4 28May:

Took a small H4 trade seeing a consolidation with an Inside Bar at support and that H4 Piercing Candle.

Some H1 selling seen in EURAUD and EURCAD early Tokyo session, But EURNZD shows a bullish setup in H4. What does these say about market reaction to EU?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week22 H4 28May trade.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,867
  • May 27, 2014 10:36pm May 27, 2014 10:36pm
Goodnight everyone, emmanuel7788 you think of this position ..?

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.png Size: 125 KB
  • #37,868
  • May 27, 2014 10:45pm May 27, 2014 10:45pm
Quoting yohan_ayala
Goodnight everyone, emmanuel7788 you think of this position ..? {image}

Hi,

I don't trade this USDCAD pair. Prefer EURCAD and GBPCAD.
Looking at the chart now, I would not trade a Wide Range Bar not matter what the TDI cross shows.
Today is better selling EURCAD on lower timeframes H1 intraday.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,869
  • May 27, 2014 11:31pm May 27, 2014 11:31pm
Attached Image (click to enlarge)
Click to Enlarge Name: GA Daily Sell 280514.png Size: 221 KB


Regards
  • #37,870
  • May 27, 2014 11:46pm May 27, 2014 11:46pm
GBPJPY Week22 H4 trade 27May

A Price Action trade with price reversal at Prev W High and TDI Divergence seen.

Trade is now at BE, will use Jumping SL at 20pips moves,

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Week22 H4 trade 27May.png Size: 33 KB


regards,

EMMANUEL

Edit: As I was writing this post above, JSL activated and now protect +20pips of full position.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Week22 H4 trade JSL 20pips update.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,871
  • May 28, 2014 12:07am May 28, 2014 12:07am
Which pair is JSL?
Everything you can imagine, is real - Pablo Picasso
  • #37,872
  • May 28, 2014 12:13am May 28, 2014 12:13am
Quoting Direwolf
Which pair is JSL?

JSL = Jumping Stop Loss.
used in the MPTM trade manager EA.

not the same as Trailing Stop Loss TSL which is common in most traduing platform.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,873
  • May 28, 2014 12:17am May 28, 2014 12:17am
Hi emmanuel7788 What is your opinion in synergy pro Tdi and what is sonic pva indicator please explain to me
thank you
  • #37,874
  • May 28, 2014 12:33am May 28, 2014 12:33am
Quoting firas1980
Hi emmanuel7788 What is your opinion in synergy pro Tdi and what is sonic pva indicator please explain to me thank you

Hi firas1980,

Will PM you later to answer your questions.
Off topic questions will be answered via PM only as there are members who do not like off topic question and answers in tis thread.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,875
  • May 28, 2014 12:45am May 28, 2014 12:45am
GJ +25 pips. Candle broke low of Asian session after LO, so it's X-man entry more than TMS I guess.
Still not very confident with this set up and got in a bit late. The break out went 55 pips total and will probably go for more.
Next time I'll try to catch more pips.
Attached Image


Other trades are just BE: GBPUSD +2 pips, AUDJPY +1 pips.
Everything you can imagine, is real - Pablo Picasso
  • #37,876
  • May 28, 2014 1:24am May 28, 2014 1:24am
Quoting emmanuel7788
EURUSD Week22 H4 28May: Took a small H4 trade seeing a consolidation with an Inside Bar at support and that H4 Piercing Candle. Some H1 selling seen in EURAUD and EURCAD early Tokyo session, But EURNZD shows a bullish setup in H4. What does these say about market reaction to EU? {image}
Got to cut loss on this trade. -15pips.

Time for dinner and watch the sunset.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week22 H4 28May trade closed.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,877
  • May 28, 2014 2:13am May 28, 2014 2:13am
What is this? Week of the bank holidays? Damn the volatility is screwed. Every pair is either in consolidation or (rarely) in a trend with teeny tiny candles. Wonder what BigE would have done with this kind of choppy market .
  • #37,878
  • May 28, 2014 2:42am May 28, 2014 2:42am
He'd take his wheelbarrow to Hawaii for a nice surf no doubt.

A few friends I talked to mentioned this month and next month being worst time to trade usually. Seems like they're right.
Everything you can imagine, is real - Pablo Picasso
  • #37,879
  • May 28, 2014 3:38am May 28, 2014 3:38am
Quoting Egosuma
{quote} Could I see your volatility indicator? I've been searching a good one and this one looks pretty nice
of course here it is......
Attached File(s)
File Type: ex4 DM_Volatility.ex4   3 KB | 477 downloads
  • #37,880
  • May 28, 2014 3:56am May 28, 2014 3:56am
Hi everyone some nice trades were there in both GU and NU both, but just traded GU and managed to get +26 +9 on GU
Could not take screen shot as I was busy in my studies but the results.
really TMS works but with originality
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 7 KB
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