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Trading Made Simple

  • #39,401
  • Jul 6, 2014 9:18am Jul 6, 2014 9:18am
Quoting jagpalsingh
{quote} how mate? There is no Traders dynamic indicator unless it's named differently what's it called? I am using metatrader 4 for my alpari account
From MT4 on iPhone , add the following indicators

Indicator window RSI 13 close, color none, or black

RSI 2, simple, close, color green apply to = previous indicator's data

RSI 7, simple, close, color red, apply to = previous indicator 's data

EMA 34, simple, color yellow, apply to= first indicator's data

Bollinger Bands 34, deviations 1.000, color blue, apply to= first indicator's data
I Have Learned to Take Some Losses to Make Profits
  • #39,402
  • Jul 6, 2014 9:19am Jul 6, 2014 9:19am
Quoting jmn5611
{quote} It depends on how much I want to trade, really. Once you get the hang of it and keep to the rules you will be fine.

Yeah mate. The PDF file you put up is so good! Easier to understand with the chart examples. So many things I missed out as I skipped pages cos there was so many.


Just 1 question. How long does it take for the new candle to close on the H1 and H4, D1 charts?
Skype ID - jagpal.kooner1
  • #39,403
  • Jul 6, 2014 9:24am Jul 6, 2014 9:24am
Quoting jagpalsingh
{quote} Yeah mate. The PDF file you put up is so good! Easier to understand with the chart examples. So many things I missed out as I skipped pages cos there was so many. Just 1 question. How long does it take for the new candle to close on the H1 and H4, D1 charts?
On H1 it takes 1 hour

on H4 , it takes 4 hours

and on D , it takes 1 whole day

just use the M as minutes on Mt4, and then the rest are just appreviations for hour, day , week and monthly candles
I Have Learned to Take Some Losses to Make Profits
  • #39,404
  • Edited 10:10am Jul 6, 2014 9:31am | Edited 10:10am
Attached Image (click to enlarge)
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Hi mate. It's looking like this with the settings. I think for step 2 and 3 it's meant to be SMA not another RSI



Quoting TheScorpS
{quote} From MT4 on iPhone , add the following indicators Indicator window RSI 13 close, color none, or black RSI 2, simple, close, color green apply to = previous indicator's data RSI 7, simple, close, color red, apply to = previous indicator 's data EMA 34, simple, color yellow, apply to= first indicator's data Bollinger Bands 34, deviations 1.000, color blue, apply to= first indicator's data
Skype ID - jagpal.kooner1
  • #39,405
  • Jul 6, 2014 9:33am Jul 6, 2014 9:33am
Quoting TheScorpS
{quote} On H1 it takes 1 hour on H4 , it takes 4 hours and on D , it takes 1 whole day just use the M as minutes on Mt4, and then the rest are just appreviations for hour, day , week and monthly candles

Thanks. I mean that if the candle comes out 10am UK time for H4. When the candle appears it's still moving up and down it doesn't fully close when does it fully close. Couple minutes after appearing ?
Skype ID - jagpal.kooner1
  • #39,406
  • Jul 6, 2014 11:10am Jul 6, 2014 11:10am
does anyone here have a video tutorial on how to draw Sup/Res Lines?
Skype ID - jagpal.kooner1
  • #39,407
  • Jul 6, 2014 11:48am Jul 6, 2014 11:48am
AUD/USD - CHART H4

Anyone looking to take buy on this? Looks line green bounce of red and stoch approves this. anyone going long? The market of Aus opens 10.30pm UK time so next candle would be out then??

Attached Image (click to enlarge)
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EURO/USD - CHART H4

Again green has crossed on the red on TDi, candle is small but changed. Not a standout approval from stoch both at the 32/20 lines. You guys waiting on the 2nd candle?

Attached Image (click to enlarge)
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what you guys think?
Skype ID - jagpal.kooner1
  • #39,408
  • Jul 6, 2014 12:01pm Jul 6, 2014 12:01pm
Quoting jagpalsingh
does anyone here have a video tutorial on how to draw Sup/Res Lines?
Here as many as you like, just find the one that you need, best I found that talked about how to draw sup and res lines

http://www.youtube.com/user/NakedFor...w=0&shelf_id=1
I Have Learned to Take Some Losses to Make Profits
  • #39,409
  • Jul 6, 2014 12:04pm Jul 6, 2014 12:04pm
Quoting jagpalsingh
AUD/USD - CHART H4 Anyone looking to take buy on this? Looks line green bounce of red and stoch approves this. anyone going long? The market of Aus opens 10.30pm UK time so next candle would be out then?? {image} EURO/USD - CHART H4 Again green has crossed on the red on TDi, candle is small but changed. Not a standout approval from stoch both at the 32/20 lines. You guys waiting on the 2nd candle? {image} what you guys think?
Chart one is two late. Chart two the stoch is below the 20 line. Stoch should be between 20 and 80 lines if you are going to follow Big E.
If you are good at something, never do it for free--Joker
  • #39,410
  • Jul 6, 2014 12:10pm Jul 6, 2014 12:10pm
Quoting jagpalsingh
AUD/USD - CHART H4 Anyone looking to take buy on this? Looks line green bounce of red and stoch approves this. anyone going long? The market of Aus opens 10.30pm UK time so next candle would be out then?? {image} EURO/USD - CHART H4 Again green has crossed on the red on TDi, candle is small but changed. Not a standout approval from stoch both at the 32/20 lines. You guys waiting on the 2nd candle? {image} what you guys think?
From my humble view, both EU & AU green have crossed red but not 12-2 for any buy yet (too weak to buy and might retrace).
Appreciation is the key to wealth and happiness
  • #39,411
  • Jul 6, 2014 12:32pm Jul 6, 2014 12:32pm
Quoting LouiseZA
jmn5611, thank you for the pdf. I've printed it and now I can refer to it any time and sit and read it. Much appreciated. This is one of the best systems!!
You're welcome!
If you are good at something, never do it for free--Joker
  • #39,412
  • Jul 6, 2014 12:35pm Jul 6, 2014 12:35pm
Quoting jmn5611
{quote} Chart one is two late. Chart two the stoch is below the 20 line. Stoch should be between 20 and 80 lines if you are going to follow Big E.

Yes I agree to this. Should I wait for 2nd green candle. There is only 1 atm maybe that would bump it over 20
Skype ID - jagpal.kooner1
  • #39,413
  • Jul 6, 2014 12:36pm Jul 6, 2014 12:36pm
Quoting TheScorpS
{quote} Here as many as you like, just find the one that you need, best I found that talked about how to draw sup and res lines http://www.youtube.com/user/NakedFor...w=0&shelf_id=1

As always your very helpful!

You out seen any set ups your going to take this week
Skype ID - jagpal.kooner1
  • #39,414
  • Jul 6, 2014 12:37pm Jul 6, 2014 12:37pm
Quoting TheScorpS
{quote} Here as many as you like, just find the one that you need, best I found that talked about how to draw sup and res lines http://www.youtube.com/user/NakedFor...w=0&shelf_id=1

Was my mobile TDI right???

i used SMA2 and SMA7 for the red and green
Skype ID - jagpal.kooner1
  • #39,415
  • Jul 6, 2014 12:39pm Jul 6, 2014 12:39pm
Quoting jagpalsingh
{quote} Yes I agree to this. Should I wait for 2nd green candle. There is only 1 atm maybe that would bump it over 20
Yes, the trade is still valid at the beginning of candle two.
If you are good at something, never do it for free--Joker
  • #39,416
  • Jul 6, 2014 12:56pm Jul 6, 2014 12:56pm
Quoting jmn5611
{quote} Yes, the trade is still valid at the beginning of candle two.
Thanks mate.

You seen any setups for the market open at 10.30pm UK time tonight?

or any your looking at for this week
Skype ID - jagpal.kooner1
  • #39,417
  • Jul 6, 2014 1:00pm Jul 6, 2014 1:00pm
Quoting jagpalsingh
{quote} Thanks mate. You seen any setups for the market open at 10.30pm UK time tonight? or any your looking at for this week
Have to wait for the new candle to open and evaluate at that point.
If you are good at something, never do it for free--Joker
  • #39,418
  • Jul 6, 2014 1:06pm Jul 6, 2014 1:06pm
AUD/USD Chart Weekly -

What you guys thinking for this? It looks like its about to cross and come down its at the 68/80 mark. Stoch showing the its a sharp downtrend, TDi yet to approve. Anyone keeping a eye on this for a short??

Attached Image (click to enlarge)
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GBP/USD Chart Weekly -

Here its going flat at the top it may run down as its at the top no signs yet but good for a look out. On average it has ran 4 green candles then a red which again its coming to now. Again following the AUD for downtrend

Attached Image (click to enlarge)
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Both charts need the #2 candle to confirm and yet both stoch and tdi need to cross sharp 4-6 angle. My analysis right guys?
Skype ID - jagpal.kooner1
  • #39,419
  • Jul 6, 2014 1:40pm Jul 6, 2014 1:40pm
Quoting jagpalsingh
AUD/USD Chart Weekly - What you guys thinking for this? It looks like its about to cross and come down its at the 68/80 mark. Stoch showing the its a sharp downtrend, TDi yet to approve. Anyone keeping a eye on this for a short?? {image} GBP/USD Chart Weekly - Here its going flat at the top it may run down as its at the top no signs yet but good for a look out. On average it has ran 4 green candles then a red which again its coming to now. Again following the AUD for downtrend {image} Both charts need the #2 candle to confirm and yet both stoch...
On your wkly chart G/U what is going flat at the top and the reason for your short
the cautious seldom err....C
  • #39,420
  • Edited 2:06pm Jul 6, 2014 1:54pm | Edited 2:06pm
Quoting pips29
{quote} On your wkly chart G/U what is going flat at the top and the reason for your short


I took a short on friday by looking at the stoch only on my phone! it was a mistake and i was assuming it will cross trade was done in H4 i am -90p atm so its not a biggie. I am hopping it comes down otherwise I have 33pip SL
Skype ID - jagpal.kooner1
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