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Trading Made Simple

  • #40,941
  • Sep 10, 2014 4:20pm Sep 10, 2014 4:20pm
EURCAD
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Sad i'm not trying to understand PA
  • #40,942
  • Sep 10, 2014 4:22pm Sep 10, 2014 4:22pm
Quoting lastingwell
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 {image} {image}
Nice
Sad i'm not trying to understand PA
  • #40,943
  • Sep 10, 2014 5:49pm Sep 10, 2014 5:49pm
Quoting TheScorpS
EA _ H1 short trade, good for +34 pips After the move up, PA stalled and formed some consolidation before printing a pullback candle {image}
Quoting omonisha
EURCAD {image}
So I realized the reason for entry into this two trades are the pullback bar like shown, right?
And also the cross of TDI?
Because this trade for me would be before bed, what are your opinions to monitor and trade in conditions like this?
Attached Image
Attached Image


@TheScorpS btw, what are the boxes indi for, and also the H4 high low? mind to explain?

Cheers!
  • #40,944
  • Sep 10, 2014 7:43pm Sep 10, 2014 7:43pm
Quoting lastingwell
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 {image} {image}
thanks for sharing...simple and nice one. I don't know why I missed such a beautiful div
Appreciation is the key to wealth and happiness
  • #40,945
  • Sep 10, 2014 7:54pm Sep 10, 2014 7:54pm
Quoting froglicker
{quote} {quote} So I realized the reason for entry into this two trades are the pullback bar like shown, right? And also the cross of TDI? Because this trade for me would be before bed, what are your opinions to monitor and trade in conditions like this? {image}{image} @TheScorpS btw, what are the boxes indi for, and also the H4 high low? mind to explain? Cheers!
I got in EJ short too but it was at 2nd pullback and got out when I saw EU turned around.
Managed to collect my green pips from EU scalp (long) on M5 pull back 10min after US cash market opened.
Attached Image (click to enlarge)
Click to Enlarge Name: EU M5 long Wed 10.9.14 + US.png Size: 18 KB
Appreciation is the key to wealth and happiness
  • #40,946
  • Edited 8:31pm Sep 10, 2014 8:02pm | Edited 8:31pm
spotted 2 nice setups with price pullback on my M5 chart with 3 tdi so cooperative on US30 yesterday. shame I did not have a chance to get in. wish I had 10 monitors
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Appreciation is the key to wealth and happiness
  • #40,947
  • Sep 10, 2014 8:08pm Sep 10, 2014 8:08pm
Quoting likica
{quote} I got in EJ short too but it was at 2nd pullback and got out when I saw EU turned around. Managed to collect my green pips from EU scalp (long) on M5 pull back 10min after US cash market opened. {image}
So EJ correlates with EU too?
I gotta pull a whole set of Eur charts up soon.
Laptop can't really handle too many charts, small screen n all.
Hopefully i get enough pips in the following weeks to get a simple desktop for trading.
2 monitors ftw (hopefully)
  • #40,948
  • Sep 10, 2014 8:28pm Sep 10, 2014 8:28pm
I am a newbie to the thread. Don't know if this is a good short or not.
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  • #40,949
  • Sep 10, 2014 8:43pm Sep 10, 2014 8:43pm
Quoting froglicker
{quote} So EJ correlates with EU too? I gotta pull a whole set of Eur charts up soon. Laptop can't really handle too many charts, small screen n all. Hopefully i get enough pips in the following weeks to get a simple desktop for trading. 2 monitors ftw (hopefully)
Yeah, EU EJ ...same surname, so something good happens to one the other get to share too . It s good enough with a laptop if you know your favorite pair and the time it has good vol Froglicker.
Happy trading.L
Appreciation is the key to wealth and happiness
  • #40,950
  • Edited 8:59pm Sep 10, 2014 8:49pm | Edited 8:59pm
Quoting fxtrain
I am a newbie to the thread. Don't know if this is a good short or not. {image}
Fxtrain,
Since your trade has gone the opposite ( I guess it was from positive news from Au). I would wait for price action to show me there some kind of quality sellers presence before thinking going short sell (i.e.: red candles too small for entry, current tdi's angle too flat, HTF : green above red means no sell for me)
Attached Image
Appreciation is the key to wealth and happiness
  • #40,951
  • Sep 10, 2014 9:04pm Sep 10, 2014 9:04pm
Quoting omonisha
EURCAD {image}
beautiful div setup at Res. well spotted Omonisha.
Appreciation is the key to wealth and happiness
  • #40,952
  • Sep 10, 2014 9:13pm Sep 10, 2014 9:13pm
I jumped in EJ short on M15 while doing my usual homework routine (don't normally take trade around Tokyo/Sing open tho). might jump out soon (execise my skill on gaming mouse)
Attached Image (click to enlarge)
Click to Enlarge Name: EJ M15 short Thu 11.9.14 Tokyo open.png Size: 55 KB
Appreciation is the key to wealth and happiness
  • #40,953
  • Sep 10, 2014 10:32pm Sep 10, 2014 10:32pm
Quoting likica
I jumped in EJ short on M15 while doing my usual homework routine (don't normally take trade around Tokyo/Sing open tho). might jump out soon (execise my skill on gaming mouse) {image}

hahaha... nice entry.
as it is i'm stuck at work. new rules, and company just got a software to monitor us. (oh the humanity)
anyway, i think i can sneak a peak each hour, so let's see what entries LO can give me.
Anyway, took a bad long on EA this morning for -ve 25 pips.
Prolly shld have paid more attention to the signal on H4.
  • #40,954
  • Sep 10, 2014 10:36pm Sep 10, 2014 10:36pm
Quoting froglicker
{quote} {quote} So I realized the reason for entry into this two trades are the pullback bar like shown, right? And also the cross of TDI? Because this trade for me would be before bed, what are your opinions to monitor and trade in conditions like this? {image}{image} @TheScorpS btw, what are the boxes indi for, and also the H4 high low? mind to explain? Cheers!
Hi

Yes indeed the entry reasons was pullback candle and TDI , what was important was MBL way in over bought area which is good signal that PA might at least shift direction for a while

This pullback candle has a lot to it, it comes at first hour at LO sometime at FO last hour, then it comes later on LO like +3 hours , or at NYO

Boxes are London session and new York session, good for H1 trading and even good for plotting support and resistance, PA respects London price much , H4 high and low, I use them as support and resistance to H4 last candles high and low, sometime PA hits this high or Low on H1 and reverse

Ok, regarding EMA 800, I just put it on my template and I think you can use it as ema 200 , but I see recently that pa dose pass as there's nothing there, so I will leave it for a while and further test, else am taking this out
I Have Learned to Take Some Losses to Make Profits
  • #40,955
  • Sep 10, 2014 11:32pm Sep 10, 2014 11:32pm
Hi all,

I was wondering how many pairs (and which pairs) do the regulars on this thread actively monitor?
  • #40,956
  • Sep 10, 2014 11:42pm Sep 10, 2014 11:42pm
Quoting lastingwell
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 {image} {image}
Nice trading lastingwell......thanks for the kind words.....
  • #40,957
  • Sep 11, 2014 12:05am Sep 11, 2014 12:05am
Quoting TheScorpS
{quote} Hi Yes indeed the entry reasons was pullback candle and TDI , what was important was MBL way in over bought area which is good signal that PA might at least shift direction for a while This pullback candle has a lot to it, it comes at first hour at LO sometime at FO last hour, then it comes later on LO like +3 hours , or at NYO Boxes are London session and new York session, good for H1 trading and even good for plotting support and resistance, PA respects London price much , H4 high and low, I use them as support and resistance to H4 last...
Ahh.. I see.
I usually dont use the MBL, good to know how it works.
I still have 10EMA and 200EMA on my H1 and H4, using both to determine trends.

Let's see.
EJ then, green crossed up on H1, but is parallel to the red on H4, how do you take a trade like this?
I usually get stuck on trades when H1 and H4 are in opposing directions.
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Sometimes i see the trades made by the members here on the H1, yet I can't really make profitable ones like that right now.
Oh, btw, can you post the session indi? the one i have only shows the time between open and close, w/o high/low.
Cheers!
  • #40,958
  • Sep 11, 2014 12:29am Sep 11, 2014 12:29am
Can someone point me to the indi that draws the OHLC to the HA candles. I'm using the old Big E template that doesn't have the traditional OHLC.

Thank you.
  • #40,959
  • Sep 11, 2014 12:32am Sep 11, 2014 12:32am
The key is looking at upper TF's and using TDI and channeling!

Three trade with about 150 pips, two days ago till now
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  • #40,960
  • Sep 11, 2014 12:33am Sep 11, 2014 12:33am
GJ where to go ?
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