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Trading Made Simple

  • #40,921
  • Sep 9, 2014 9:43pm Sep 9, 2014 9:43pm
GBPAUD Week 37 D1 setup:

A very strong bullish yesterday candle closed. This is counter-trend to recent downmove. With the weekend gap filled, but still too early for a bullish reversal perhaps a correction is good scalp with TDI angle up and crossed. Price reaction Big Round Number BRN 1.7400 and on H4 we also see an Inside Bar consolidtaion breakout.

Trade Well.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #40,922
  • Sep 9, 2014 9:46pm Sep 9, 2014 9:46pm
Quoting Pipotron
{quote} May I ask how do I add the OHLC to your HA candles, like in your chart? Thank you.

Pipotron,

Just switch chart type to Bar Chart and you will see the open, high, low and close of each period. The HA will overlay on the real price bars and beware that the HA open do not always represent the real price when market is volatile.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #40,923
  • Sep 9, 2014 10:28pm Sep 9, 2014 10:28pm
Took the EJ trade, spread on my broker for exotic pairs are high (5pips-ish).

Reason for entry:
Cross on H1, bounce on H4.
Candle broke the previous high (double top, in my books)

Outcomes:
TP/SL 20pips each, and went to bed. Target hit.

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Quoting Phx62
Three trades so far this week on EA H1.....two successful and one BE.
nice trades!
I never seem to have been able to get cross the 20-pip mark.
But all's well
  • #40,924
  • Sep 9, 2014 11:42pm Sep 9, 2014 11:42pm
EJ H1
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Kindest regards
  • #40,925
  • Sep 9, 2014 11:58pm Sep 9, 2014 11:58pm
some more pips for me 40
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  • #40,926
  • Sep 10, 2014 12:43am Sep 10, 2014 12:43am
Quoting MrAussieFX
EJ H1 {image} Kindest regards
Hey Aussie
Good to see you mate after a long time
Sad i'm not trying to understand PA
  • #40,927
  • Sep 10, 2014 1:17am Sep 10, 2014 1:17am
Quoting sknight1
{quote} I've been reading FF.com for well over a year but, this is my first post. Just wanted to tell Phx62 that I really enjoy it when you post your charts. When you used to post weekly charts of your trades, I'd compare your charts with mine, scratch my head and wonder, "....how on earth did I miss all those opportunities....?" I am mentoring with Rick G. and learning a lot. I know you don't post much anymore but, wanted to let you know that are people here who really appreciate it you put up a chart. Best wishes.


to phx62 your charts are real homework for every one to learn
  • #40,928
  • Sep 10, 2014 3:08am Sep 10, 2014 3:08am
Thanks Omo,

Following up on EJ H1 trade Profit target hit

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EJ Daily reaching big Round number 138.000

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Kindest Regards
  • #40,929
  • Sep 10, 2014 4:16am Sep 10, 2014 4:16am
Hi, Could someboy guide me on how to install the TDI with Alerts on MT4? I've already put it in the Experts folder and turned on autotrading. Is there anything else I should do? Thanks.
  • #40,930
  • Sep 10, 2014 4:19am Sep 10, 2014 4:19am
Quoting Arkhambliss
Hi, Could someboy guide me on how to install the TDI with Alerts on MT4? I've already put it in the Experts folder and turned on autotrading. Is there anything else I should do? Thanks.
Put it in the indicators folder .. restart .. should be working .
Guido
Risiko birgt immer auch die Chance.
  • #40,931
  • Sep 10, 2014 4:51am Sep 10, 2014 4:51am
Quoting Sesamstrasse
{quote} Put it in the indicators folder .. restart .. should be working . Guido
I thought TDI with Alerts is an EA, so should be in the experts folder? I tried putting it in the indicators folder and restart anyway, nothing happens.
  • #40,932
  • Sep 10, 2014 5:12am Sep 10, 2014 5:12am
Quoting Arkhambliss
{quote} I thought TDI with Alerts is an EA, so should be in the experts folder? I tried putting it in the indicators folder and restart anyway, nothing happens.
maybe this can help

For windows 8.1
Go top left of your traders program click "File"
Then click "Open data folder"
In the folder open click "MOL4"
then click on "indicator"
Copy the TDI file and past it in the indicator file
restart
  • #40,933
  • Sep 10, 2014 5:57am Sep 10, 2014 5:57am
Quoting Jansphoto
{quote} maybe this can help For windows 8.1 Go top left of your traders program click "File" Then click "Open data folder" In the folder open click "MOL4" then click on "indicator" Copy the TDI file and past it in the indicator file restart
That's what I did. Nevermind. I'll figure it out another time. In the mean time I am just trading a few pairs only. Thanks for the help
  • #40,934
  • Sep 10, 2014 6:54am Sep 10, 2014 6:54am
Quoting froglicker
Took the EJ trade, spread on my broker for exotic pairs are high (5pips-ish). Reason for entry: Cross on H1, bounce on H4. Candle broke the previous high (double top, in my books) Outcomes: TP/SL 20pips each, and went to bed. Target hit. {image} {quote} nice trades! I never seem to have been able to get cross the 20-pip mark. But all's well
Seems I have to do more homework on respecting my targets,
red lines on the EJ were my initial targets, but took 20pips coz I was afraid it'll reverse on me.
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Looking for setups:
EA H1 has a short signal, but H4 is up, although it's at resistance. Not sure if taking it is a gd idea.
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Same with EJ, wow, never realized it, but thanks to TheScorpS for pointing it out: (what does the 800EMA on M30 do, though? pm me if you don't feel like discussing it here)
Quoting TheScorpS
{quote} I have EMA 800 on M30 on EJ at the moment, EA already rocket up, EJ didn't do much, the correlation between these 2 pairs work like magic, I was going to take EJ long too, but with all the resistance come in closely to PA, didn't expect much from EJ
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ECAD showing weakness on H1, previous bounce on H4, also not sure about taking this.. Any suggestions?
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  • #40,935
  • Sep 10, 2014 11:23am Sep 10, 2014 11:23am
EA _ H1 short trade, good for +34 pips

After the move up, PA stalled and formed some consolidation before printing a pullback candle
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I Have Learned to Take Some Losses to Make Profits
  • #40,936
  • Sep 10, 2014 1:41pm Sep 10, 2014 1:41pm
Hi Guys,
Took this trade on a pull back, is it ok?
thanks
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  • #40,937
  • Sep 10, 2014 2:51pm Sep 10, 2014 2:51pm
52 pips in this pair today awesome stuff
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  • #40,938
  • Sep 10, 2014 3:01pm Sep 10, 2014 3:01pm
Quoting forexday
Hi Guys, Took this trade on a pull back, is it ok? thanks {image}
The bullish TDI cross looks strong on the H4, but the daily timeframe is showing a bearish cross.
I am never a big fan of going against the daily.
But then again, the 4hr timeframe looks valid.
Being good at what you do is a result of having fun
  • #40,939
  • Sep 10, 2014 3:24pm Sep 10, 2014 3:24pm
Quoting Egosuma
{quote} The bullish TDI cross looks strong on the H4, but the daily timeframe is showing a bearish cross. I am never a big fan of going against the daily. But then again, the 4hr timeframe looks valid.
Thank you Egosuma, i just had a look now and you correct.
Are we supposed to look the daily tf before taking a trade?
I just look at whats happening on the 4H and take the trade.

Thanks for your input.
  • #40,940
  • Edited 4:19pm Sep 10, 2014 4:02pm | Edited 4:19pm
Took this trade earlier on today, +100, divergence on H1, bounced off the trendline at the bottom and 4th go at going through the hourly resistance above, getting higher each time and h4 tdi bounced up again, so took a chance on it, haven't had much time to post but still trading and reading the thread when I get the chance. Some really good trading going on and good to see you phx62
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