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Trading Made Simple

  • #41,041
  • Sep 14, 2014 6:58pm Sep 14, 2014 6:58pm
Quoting Britpip7
I cannot compete with the hourly traders as my timelines are very similar to Big E's trading times. I know Phx62 is based in Arizona so has similar time zones but has more screen time and his hourly results are second to none . For that reason, I use the TDI Trade Signal Line from the Day charts as my day trend guideline and run my screen set ups between 8pm and 9:30pm PDT, although I do check charts in the morning. When the Day TSL is moving higher, H4 TDI crosses to the upside are very powerful. My current trade on EA was taken off of...
Hi Britpip7,

Great post!
Thanks for sharing these.

I had a great two weeks trading GBPAUD on the D chart

Attached Image (click to enlarge)
Click to Enlarge Name: GNPAUD D1 trades week 37.png Size: 45 KB


With the Scotland referendum results pending, we can expect some volatility this week and also next.

Kind regards,
Emmanuel
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #41,042
  • Sep 14, 2014 7:15pm Sep 14, 2014 7:15pm
Quoting Britpip7
CAD/JPY is on the watch list TDI rolling over on the Day chart and pushing away from the 97.000 level. H4 TSL already heading lower. Waiting for PA confirmation on Sunday/Monday open - I would like to see the TDI break below 68 on the Day chart for an entry. {image}

Hi Britpip7,

Thansk for sharing this watchlist.
Here is my view on CADJPY this week. I am still buy bias as we had a bullish August Month. The weekly range of this pair is rather small and topday we have Japan bank holidays.
Although we saw two Days of price pullback and that Day inside Bar, an IB breakout would be a like trade setup on D chart.
The previous week candle has a very long upper wick and I am lookig for a bearish week close this week before I take any sell trades.
There is a historical Support and Resistance level 98.86 where current price reaction happened. So I am watching how Price Action will be like over the next couple of Days this week to make a short term 4H swing position trade decision.

Trade Well.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #41,043
  • Edited 10:40pm Sep 14, 2014 10:05pm | Edited 10:40pm
Watching this as well Emannuel. I remember reading on seeing what the next time frame is doing, daily red, weekly still green which does make a sell a little risky just yet. Another take on the chart is a channel that been working since April 2013, just remains to be seen whether the channel is respected or breaks out to your target. Guess I'm looking for a rejection

Up at open this morning 5am, saw the Au sell I set about midnight Friday gap down, beauty, I got the lot +26. Two weeks in a row I've caught the gap
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"You know what needs to be addressed , completely completely reverse that".
  • #41,044
  • Sep 14, 2014 11:55pm Sep 14, 2014 11:55pm
Quoting emmanuel7788
{quote} Hi Britpip7, Great post! Thanks for sharing these. I had a great two weeks trading GBPAUD on the D chart {image} With the Scotland referendum results pending, we can expect some volatility this week and also next. Kind regards, Emmanuel
Excellent Trade Big EMU
Sad i'm not trying to understand PA
  • #41,045
  • Sep 15, 2014 12:10am Sep 15, 2014 12:10am
AUDJPY..Entry was made after Bearish outside bar..
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Sad i'm not trying to understand PA
  • #41,046
  • Sep 15, 2014 1:35am Sep 15, 2014 1:35am
Quoting TheScorpS
Look at the power of London open price , if you sell the last 3 days on Gold just at the London open price, you would make load of pips Now open EA chart on H1 , buy all the London open price of the week just ended Again open EJ H1 chart, and do the same I mean just sit relax and almost blindly open trade on a trending market at LO open price, I think by the end of the week you would gain more than you loose, now use all you learnt about TDI and Price Action and apply what I mentioned above Use H4 to help determine if best to take LO open price,...
TheScorpS, Many thanks for sharing your insight and learning lately. I am learning a lot from you! Subscribed
Focus on the process and the profits will follow
  • #41,047
  • Sep 15, 2014 4:15am Sep 15, 2014 4:15am
Hi R00Ms,

First day trying on EA. I take a 1st 30pips. Entry during Frankfurt, TDI cross clearly with a big gap. Watching LO movement. Preparing to cut some lose in case price not heading down. Looking to touch Previous High. Anyway, I took 30pips without touching Previous High. I don't try on other pairs, as I want to Focus on EA and EJ.
Well, Phy62 is always my inspiration since last year. But I quit trading for personal reason. Now, with everything kinda on complacent, it's always nice to be back.
Hope I don't fall back tooooo Much.

Cheers
Attached Image (click to enlarge)
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  • #41,048
  • Sep 15, 2014 4:44am Sep 15, 2014 4:44am
Quoting Ballistical
{quote} TheScorpS, Many thanks for sharing your insight and learning lately. I am learning a lot from you! Subscribed
Glad you like it, its like understanding the nature of London Market
I Have Learned to Take Some Losses to Make Profits
  • #41,049
  • Edited 6:20am Sep 15, 2014 6:06am | Edited 6:20am
Quoting TheScorpS
{quote} The best advice I can tell you about is stay with TMS, it wont work in a month or 2, I stayed 2 years learning all I could about FX and TMS and just recently I am getting better but not where I wanted to be, still a lot of time needed but by staying with one thing , you get to learn every little pieces of the buzzle, like a mother that knows what her child wants, needs, feels, sick, happy whatever, but only her that knows about that in sense of every little details that no body else in the world would be able to sense the same Backtesting...
Hey traders !
Since a couple of weeks I´m watching this thread from the sideline .
I like the Idea by Eelfranz to have a " quick view" on candle open in H4 , find a decision and go , do something else .
I´m really happy with the strategy I trade since last year , but it needs a lot of attention
and I ´m very busy during my working day.
So normally I´m free during the weeekends ( when the market is close ) and I really hate doing any kind of work on sundays.

That way I got a message from FF to my phone .. someone wrote a post in this thread on " Sunday " and I really thought :
damn , what is so important to write it on the weekend ?
So today I started reading the last posts here in this thread the members wrote this weekend ..
And : Voila !
I found one of the best posts I´ve seen in FF !
Congrats , you got my attention !
subscribed .. thank you for that ..
Guido
Risiko birgt immer auch die Chance.
  • #41,050
  • Sep 15, 2014 9:22am Sep 15, 2014 9:22am
3 Trade..EA GA EZ
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Sad i'm not trying to understand PA
  • #41,051
  • Sep 15, 2014 9:23am Sep 15, 2014 9:23am
Quoting Sesamstrasse
{quote} Hey traders ! Since a couple of weeks I´m watching this thread from the sideline . I like the Idea by Eelfranz to have a " quick view" on candle open in H4 , find a decision and go , do something else . I´m really happy with the strategy I trade since last year , but it needs a lot of attention and I ´m very busy during my working day. So normally I´m free during the weeekends ( when the market is close ) and I really hate doing any kind of work on sundays. That way I got a message from FF to my phone .. someone wrote a post in this thread...
Thanks a lot, appreciate you been here with us

I took this trade at LO, I wanted to go a little earlier, but was difficult even tho I had the get go, anyway took the break of last FO bar, minimal drawdwon, closed manually for +33 pips
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I Have Learned to Take Some Losses to Make Profits
  • #41,052
  • Edited 9:48am Sep 15, 2014 9:36am | Edited 9:48am
Quoting omonisha
3 Trade..EA GA EZ {image}
Those are amazing trades, and excellent start to the week, was those sells because of TDI over sold ?

By the way, what colors settings your template background is? I find it more pleasing and might have even less constrain on the eyes
I Have Learned to Take Some Losses to Make Profits
  • #41,053
  • Sep 15, 2014 9:51am Sep 15, 2014 9:51am
After selling EJ , went and checked EA too, I follow these 2 pairs correlation , EJ trade took off earlier, so there was a lot of time to get onboard on EA, I mean enough time to decide and take the trade, TP hit even before EJ and less hassle + 50 pips
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #41,054
  • Sep 15, 2014 10:09am Sep 15, 2014 10:09am
my 2 scalping trades on EU M5 this morning. 1st trade had very good angle on TDI, but PA was not ready for buy yet, resulted a loss. 2nd trade had nice little pullback (2 little red) went straight to my PT.
Attached Image (click to enlarge)
Click to Enlarge Name: EU M5 buys Mon 15.9.14 - +.png Size: 60 KB
Appreciation is the key to wealth and happiness
  • #41,055
  • Sep 15, 2014 10:16am Sep 15, 2014 10:16am
Quoting TheScorpS
{quote} Those are amazing trades, and excellent start to the week, was those sells because of TDI over sold ? By the way, what colors settings your template background is? I find it more pleasing and might have even less constrain on the eyes
Thanks ScorpS.. Yes good start of the week you are right. Those trades all was in the oversold area..just entered at basic LO pullback...

My template background 50.50.50...comfortable for my eyes too
Sad i'm not trying to understand PA
  • #41,056
  • Sep 15, 2014 10:28am Sep 15, 2014 10:28am
Good start of the week. Enter this am on EURAUD and closed at +65 pips. Very simple trade coming out from 68 level and green crossing red and yellow with good angle. I see couple of others caught the same setup and made some pips.
Attached Image (click to enlarge)
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  • #41,057
  • Sep 15, 2014 10:34am Sep 15, 2014 10:34am
I have been trading this system for a few months now and what i can say is it's very simple and super easy and i have never made so much pips ever in my times this is a real life changer and thanks to this i can pay all my bills , save money and take some vacation trips
  • #41,058
  • Sep 15, 2014 10:41am Sep 15, 2014 10:41am
Quoting TheScorpS
After selling EJ , went and checked EA too, I follow these 2 pairs correlation , EJ trade took off earlier, so there was a lot of time to get onboard on EA, I mean enough time to decide and take the trade, TP hit even before EJ and less hassle + 50 pips {image}
nice trade Scorps. Took similar trade for 56 pips and now hoping to ride it up
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 60 KB
the cautious seldom err....C
  • #41,059
  • Sep 15, 2014 10:46am Sep 15, 2014 10:46am
Quoting likica
my 2 scalping trades on EU M5 this morning. 1st trade had very good angle on TDI, but PA was not ready for buy yet, resulted a loss. 2nd trade had nice little pullback (2 little red) went straight to my PT. {image}
You remind me of me http://www.forexfactory.com/showthre...87#post7140887
  • #41,060
  • Sep 15, 2014 11:04am Sep 15, 2014 11:04am
Quoting likica
my 2 scalping trades on EU M5 this morning. 1st trade had very good angle on TDI, but PA was not ready for buy yet, resulted a loss. 2nd trade had nice little pullback (2 little red) went straight to my PT. {image}

Hi Likica,

Do you mind sharing what 3 TDI Timeframes do you use when you scalp 5 minutes? I'm planning to do something similar but with M15 TF. Also, what's your usual sl and tp for Scalping for let's say EA pair? Thanks.
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