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Trading Made Simple

  • #42,381
  • Oct 17, 2014 4:04am Oct 17, 2014 4:04am
Quoting vayzardos
{quote} yes im on this trade but my position is on -20pip almost reach my -30pip SL hope this can go down

I have several PMs, members asking me what is Exit Strategy.

I used these these two trades which I took at LO as examples.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD 17 Oct h1 trade closed.png Size: 46 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD 17 Oct H1 trade closed.png Size: 48 KB


Trade Well folks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,382
  • Oct 17, 2014 4:14am Oct 17, 2014 4:14am
Hi,
I just bought EURJPY. What do you think guys? Reasons:
Supported around 135.5 as confirmed by Daily Pinbar.
OB in H4 however not broke yet.
TDI confirmation in H1 & H4.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpyh1.png Size: 28 KB
Click to Enlarge Name: eurjpyh4.png Size: 30 KB
  • #42,383
  • Oct 17, 2014 4:18am Oct 17, 2014 4:18am
Quoting Kouroushi
Hi, I just bought EURJPY. What do you think guys? Reasons: Supported around 135.5 as confirmed by Daily Pinbar. OB in H4 however not broke yet. TDI confirmation in H1 & H4. {image} {image}
I took the same . ( demo )
I have around 30 pips to the nect resistance line , what is enough space to trigger to BE then .
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png 17.10..png Size: 44 KB
Risiko birgt immer auch die Chance.
  • #42,384
  • Oct 17, 2014 4:20am Oct 17, 2014 4:20am
Quoting Kouroushi
Hi, I just bought EURJPY. What do you think guys? Reasons: Supported around 135.5 as confirmed by Daily Pinbar. OB in H4 however not broke yet. TDI confirmation in H1 & H4. {image} {image}
That's perfect high probability Price Action setup in all 3 timframes TF - D, H4 and H1 and the TDI confirms in each of the TF.
Very nicely executed in H1.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,385
  • Oct 17, 2014 4:22am Oct 17, 2014 4:22am
[quote=omonisha;7806008]GBPNZD.. Taking all whatever it's giving. What a luck
{excellente
  • #42,386
  • Oct 17, 2014 4:23am Oct 17, 2014 4:23am
Quoting emmanuel7788
{quote} That's perfect high probability Price Action setup in all 3 timframes TF - D, H4 and H1 and the TDI confirms in each of the TF. Very nicely executed in H1.
Wow, so I'm learning...
That's thanks to you guys, specially you Big Emmanuel.
  • #42,387
  • Oct 17, 2014 4:45am Oct 17, 2014 4:45am
Quoting emmanuel7788
{quote} I have several PMs, members asking me what is Exit Strategy. I used these these two trades which I took at LO as examples. {image} {image} Trade Well folks.
Hi Emmanuel

Are these the most common settings we need on Cave Manager?

I wanted to use that but didnt have a clear clue on what the PDF explain, so if possible can you recommended settings or explanation of this manager works

I will start with pictures you posted, thanks
I Have Learned to Take Some Losses to Make Profits
  • #42,388
  • Oct 17, 2014 5:18am Oct 17, 2014 5:18am
Quoting emmanuel7788
{quote} Hi Lydia, Look in the attachments in this thread, just 4 simple steps. regards, {image}
Thank you Emmanuel
  • #42,389
  • Oct 17, 2014 6:10am Oct 17, 2014 6:10am
EJ CJ GJ
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-10-17_17-09-37 JPY 3.png Size: 69 KB
Sad i'm not trying to understand PA
  • #42,390
  • Oct 17, 2014 6:30am Oct 17, 2014 6:30am
Quoting Sesamstrasse
{quote} I took the same . ( demo ) I have around 30 pips to the nect resistance line , what is enough space to trigger to BE then . Guido {image}
Kicked manually + 9 out , reason:
longer wicks on the long side formed , tdi went flat and stoch overbought.
Looking for another entry around US open.
Risiko birgt immer auch die Chance.
  • #42,391
  • Oct 17, 2014 6:59am Oct 17, 2014 6:59am
Quoting Sesamstrasse
{quote} Kicked manually + 9 out , reason: longer wicks on the long side formed , tdi went flat and stoch overbought. Looking for another entry around US open.
I'm looking at Daily & H4 (EURJPY)... I suppose it's still good to keep it...
  • #42,392
  • Oct 17, 2014 7:54am Oct 17, 2014 7:54am
Quoting TheScorpS
{quote} Hi Emmanuel Are these the most common settings we need on Cave Manager? I wanted to use that but didnt have a clear clue on what the PDF explain, so if possible can you recommended settings or explanation of this manager works I will start with pictures you posted, thanks
Hi TheScorpS,

The parameter settings depends on what your Exit Strategy is.
CaveManager CM has several trade exit management features with a few options.
If you trade with Single Entry / Single Exit there are certain parameters you can set in CM.

However, if you use Single Entry / Multiple Exits, the features are there to exit in batches with pre-defined number of pips.
You can scale-out trades in % portion and move your stop loss and trail with protective stop loss.
The Capital protection feature is very good when we trade with aggresive entry and CM will move to protect our capital after a defined number of pips.

Here is an example I traded AUDUSD today.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD 17 Oct H1 trade.png Size: 61 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,393
  • Oct 17, 2014 7:58am Oct 17, 2014 7:58am
Tried Xaphod's TDI-MTF and made a small 23 pips.
Lastingwell's idea of using TDI-MTF is quite innovative I think. At least, easer to learn and understand for amateurs like me.
Rereading her postings and rediscovering her idea....
Attached Image
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #42,394
  • Oct 17, 2014 8:10am Oct 17, 2014 8:10am
Shorted AUDUSD/H1
TDI & PA confirmation?
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh1.png Size: 44 KB
  • #42,395
  • Oct 17, 2014 8:17am Oct 17, 2014 8:17am
Quoting Kouroushi
Shorted AUDUSD/H1 TDI & PA confirmation? {image}

Excellent!
That is X-man' S3 Pullback Candle entry.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,396
  • Oct 17, 2014 8:18am Oct 17, 2014 8:18am
Quoting heispark
Tried Xaphod's TDI-MTF and made a small 23 pips. Lastingwell's idea of using TDI-MTF is quite innovative I think. At least, easer to learn and understand for amateurs like me. Rereading her postings and rediscovering her idea.... {image}

When you free time , you can also read up on Project Ultra. Plenty of MTF ideas started there.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,397
  • Oct 17, 2014 8:21am Oct 17, 2014 8:21am
GBPJPY @ 1H showing TDI divergence . short set up next hour if the current candle close Red.. any comment
sorry I can't post the chart because my office computer don't have snagit soft..
  • #42,398
  • Oct 17, 2014 8:24am Oct 17, 2014 8:24am
Quoting emmanuel7788
{quote} When you free time , you can also read up on Project Ultra. Plenty of MTF ideas started there.


Thank you Emmanuel,.. I will spend my weekend on that.
  • #42,399
  • Oct 17, 2014 8:28am Oct 17, 2014 8:28am
Quoting emmanuel7788
{quote} Excellent! That is X-man' S3 Pullback Candle entry.
Emmanuel,
What's that?
Would you direct me to a post or file to get to know X-man'S3?
  • #42,400
  • Oct 17, 2014 8:29am Oct 17, 2014 8:29am
Quoting 0Bid
GBPJPY @ 1H showing TDI divergence . short set up next hour if the current candle close Red.. any comment sorry I can't post the chart because my office computer don't have snagit soft..
Try windows capture tool
Open Snipping Tool by clicking the Start button http://res2.windows.microsoft.com/re...a2fd33_818.jpg. In the search box, type Snipping Tool, and then, in the list of results, click Snipping Tool.
Sad i'm not trying to understand PA
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