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Trading Made Simple

  • #42,501
  • Edited 12:53pm Oct 20, 2014 12:32pm | Edited 12:53pm
EURUSD:
Had taken this trade based on D1 signal and seems to be doing well.

For now have moved the stop loss above breakeven so safe for me and will let it run as it want.

+ 39pips

GBPUSD:
+ 75 pips
SL moved to break even so free trade now
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  • #42,502
  • Oct 20, 2014 4:25pm Oct 20, 2014 4:25pm
In response to a couple of PM requests, attached are my trades for last week.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #42,503
  • Oct 20, 2014 4:34pm Oct 20, 2014 4:34pm
Quoting Phx62
In response to a couple of PM requests, attached are my trades for last week.{image}{image}
Phx62 Thanks for your charts
We all learn from you in this TMS tread. Please, Please keep on posting whenever you have the time.
Regards
  • #42,504
  • Oct 20, 2014 6:43pm Oct 20, 2014 6:43pm
Quoting Phx62
In response to a couple of PM requests, attached are my trades for last week.{image}{image}
Thanks Sir.
  • #42,505
  • Oct 20, 2014 8:48pm Oct 20, 2014 8:48pm
Quoting emmanuel7788
EURNZD H1 trade Asian session. Stopped out at BE+3pips when price pull back after moving +31pips, managed by CaveManager. In this trade, the Exit by Batch TP1 was set to 50pips, hence no scaling out since the Capital Protection set to 25pips which is lesser than 50pips. Something which you may want to consider is to set Batch Exit TP1 to be same number of pips as the Capital Protection. {image}
Thank you for your educative posts.

Please it will be nice if you explain your approach on inside bar entry and asian channel entry with tdi.
  • #42,506
  • Oct 20, 2014 10:44pm Oct 20, 2014 10:44pm
Quoting fxtrain
{quote} Well done Madam!I supposed i start looking into oil too.
Good luck Fxtrain. Looking forward to hear from you about your experience.

Just to share my scalping experience ( I don't normally hold any position overnight) in case you are not really familiar with its behaviour, Oil normally has 2 good moves that are fast and furious around NY and London close so it s benefit for scalping if we spot it right I mean PA is very critical ( I sometimes messed around with it by entering too early or too late and got knocked out

I got a bit lonely since I didn't see anyone sharing oil experience in this thread. Hope to hear more join in
Appreciation is the key to wealth and happiness
  • #42,507
  • Oct 20, 2014 11:02pm Oct 20, 2014 11:02pm
Closed GU - H1 trade for +61 pips, GU has been in uptrend recently, so after LO printed 2 bar reversal, went in long, a bit late tho, TDI red green above MBL
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #42,508
  • Oct 20, 2014 11:25pm Oct 20, 2014 11:25pm
Quoting TheScorpS
Closed GU - H1 trade for +61 pips, GU has been in uptrend recently, so after LO printed 2 bar reversal, went in long, a bit late tho, TDI red green above MBL {image}
Great trade Scrops, congrats!

Can i ask one thing : why haven't you exited the trade when the candles closed red?
  • #42,509
  • Oct 20, 2014 11:40pm Oct 20, 2014 11:40pm
Morning Guys,

E/A looks to be forming an inside bar on H4. If this closes as an inside bar and we have TL rejection at support + a break of the IB + a TDI cross, I would assume this would be a A+ setup. Is anyone else looking at this too?
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  • #42,510
  • Oct 21, 2014 12:01am Oct 21, 2014 12:01am
Probably the best looking TDI X I ever saw -- Wonder how it will workout??
Attached Image (click to enlarge)
Click to Enlarge Name: gu 211 10.png Size: 55 KB
  • #42,511
  • Oct 21, 2014 12:53am Oct 21, 2014 12:53am
Also back to MTF Locked breakeven a few pips earlier as candle is nearing its close as well as the trendline. I'm countertrend so I don't want to give back moneys, chances I get taken out are pretty high but oh well.
Attached Image (click to enlarge)
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  • #42,512
  • Oct 21, 2014 2:19am Oct 21, 2014 2:19am
Quoting Vladbold
{quote} Great trade Scrops, congrats! Can i ask one thing : why haven't you exited the trade when the candles closed red?
Followed that over H4, PA above EMA 10, that tells me that those red candles on H1 or M15 are only retracements
I Have Learned to Take Some Losses to Make Profits
  • #42,513
  • Oct 21, 2014 2:34am Oct 21, 2014 2:34am
Quoting WDays
Also back to MTF Locked breakeven a few pips earlier as candle is nearing its close as well as the trendline. I'm countertrend so I don't want to give back moneys, chances I get taken out are pretty high but oh well. {image}
Boo
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  • #42,514
  • Oct 21, 2014 3:34am Oct 21, 2014 3:34am
Quoting Phx62
In response to a couple of PM requests, attached are my trades for last week.{image}{image}
Thanks Phx62
  • #42,515
  • Oct 21, 2014 3:36am Oct 21, 2014 3:36am
Not a good week so far:
EURNZD -75pip
USDJPY +27pip
Your ideas on them would be most appreciated
Attached Image(s) (click to enlarge)
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  • #42,516
  • Oct 21, 2014 3:48am Oct 21, 2014 3:48am
Quoting Kouroushi
Not a good week so far: EURNZD -75pip USDJPY +27pip Your ideas on them would be most appreciated {image} {image}
Using a stoploss would be nice, especially if you are new and cannot force yourself to close a trade when it is going against you... Keeping a better RR ratio and avoiding choppy markets like the one you traded. Using smoothed candles like APB or heiken ashi to avoid confusion and over-analysing... Not taking just any TDI cross blindly and so on. Your EN should have cost you no more than 50 pips, but your desire to stick to the trade and hope it turns around got your account exposed badly. The negative TP suggests you are hoping to minimize losses when price pulls back, don't worry all those things are normal for when you are inexperienced, we all did those things at some point, but it's not the right way to go. Stop, read, demo and then go back live.
  • #42,517
  • Oct 21, 2014 3:57am Oct 21, 2014 3:57am
Quoting WDays
{quote} Using a stoploss would be nice, especially if you are new and cannot force yourself to close a trade when it is going against you... Keeping a better RR ratio and avoiding choppy markets like the one you traded. Using smoothed candles like APB or heiken ashi to avoid confusion and over-analysing... Not taking just any TDI cross blindly and so on. Your EN should have cost you no more than 50 pips, but your desire to stick to the trade and hope it turns around got your account exposed badly. The negative TP suggests you are hoping to minimize...
Hi
I do use SLs, and I just closed it with -50pip in a small pullback.
I've got my SLs hit before price goes my way enough. So now I only use SLs as emergency ones & try to close them at a better loss!!!
Yours
  • #42,518
  • Edited 4:15am Oct 21, 2014 4:00am | Edited 4:15am
Itīs my third week demoing the TMS in H4 and some H1 entries.
Makes more and more fun , itīs nice and simple to watch only around a candle open and find a decision .
.....daaamn I like it ! The demo is growing without much stress .
But still have a lot to learn !
Try to find fix targets that fits to me, I think a H1 target should be 20-30 pips ( depends on the volatility of the pair )
h4 targets around 40 pips .

Hereīs a nice one , H1 EG 20 pips
Guido
Attached Image (click to enlarge)
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Risiko birgt immer auch die Chance.
  • #42,519
  • Oct 21, 2014 4:07am Oct 21, 2014 4:07am
Quoting Kouroushi
Not a good week so far: EURNZD -75pip USDJPY +27pip Your ideas on them would be most appreciated {image} {image}
I know some people don't like the higher timeframe tdi on their chart, but it would have saved you from taking that trade on EN.
  • #42,520
  • Oct 21, 2014 4:18am Oct 21, 2014 4:18am
Quoting lastingwell
{quote} I know some people don't like the higher timeframe tdi on their chart, but it would have saved you from taking that trade on EN.
Apologies if this has already been asked but what settings do you use on the TDI for higher time frames? or is it a completely different indicator to the standard TDI one?
Learning is all about about asking the right questions!
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