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  • #43,581
  • Nov 11, 2014 1:49am Nov 11, 2014 1:49am
I entered short on AUD/NZD about 15 minutes ago on TDI cross on 1h chart at 1.11349 with SL 1.11550 and TP 1.10850. Watching closely 4h chart as it still in blue, but it seems like is forming inside bar there. SL is above recent highs. If it gets hit, then I was wrong.
http://www.forexfactory.com/attachme...4&d=1415692152
  • #43,582
  • Nov 11, 2014 1:57am Nov 11, 2014 1:57am
Hi fellas, I'd rather stay out right now since I have a few bounce signals at frankfurt, otherwise we're either at the 3rd+ candle or crosses are weaksauce (GU for instance). I'm not going to try to push in trades. I see my GJ would have been a TP if I hadn't trailed as closely as I did, but hey life goes on.

Remember to only take good TDI crosses, bounces if the trend is not exhausted, avoid congested/consolidating pairs, look left on your H1 and/or H4 charts. Good luck, and let's see what the market brings today.

That's the type of setup I like to see, APB from red to blue (or orange to green on my chart ), large APB and TDI simply crossing at a great angle. All you need, all you should look for. Forget complicated analysis, RSI over 50/below 50 sentiments and all that crap. This is the truth.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 7 KB
  • #43,583
  • Nov 11, 2014 2:11am Nov 11, 2014 2:11am
Quoting WDays
Hi fellas, I'd rather stay out right now since I have a few bounce signals at frankfurt, otherwise we're either at the 3rd+ candle or crosses are weaksauce (GU for instance). I'm not going to try to push in trades. I see my GJ would have been a TP if I hadn't trailed as closely as I did, but hey life goes on. Remember to only take good TDI crosses, bounces if the trend is not exhausted, avoid congested/consolidating pairs, look left on your H1 and/or H4 charts. Good luck, and let's see what the market brings today. That's the type of setup I like...
If only I didn't live where this happened at 5am local time ...
Lorenzo
  • #43,584
  • Nov 11, 2014 2:16am Nov 11, 2014 2:16am
Quoting lorbax
{quote} If only I didn't live where this happened at 5am local time ...
Tell me about it
  • #43,585
  • Nov 11, 2014 2:27am Nov 11, 2014 2:27am
Quoting Olafff
I entered short on AUD/NZD about 15 minutes ago on TDI cross on 1h chart at 1.11349 with SL 1.11550 and TP 1.10850. Watching closely 4h chart as it still in blue, but it seems like is forming inside bar there. SL is above recent highs. If it gets hit, then I was wrong. {image}

Hi Olaff,

I don't trade this pair as they are cousins of the USD. Both tends to run in same direction.

But, simply looking at the H1 chart, I don't see very nice APBs candles. Too smal body and long upper and lower wicks.
Sorry for my ignorance about many things, so please don't take my ignorance as a point of view.

Still observing and learning many things about TMS.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD H1 11 Nov.png Size: 28 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,586
  • Nov 11, 2014 2:33am Nov 11, 2014 2:33am
AUDUSD
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-11-11_14-31-37AUDUSD.png Size: 34 KB
Sad i'm not trying to understand PA
  • #43,587
  • Nov 11, 2014 2:37am Nov 11, 2014 2:37am
Quoting omonisha
AUDUSD {image}

I LIKE the way you trade D chart..... .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,588
  • Nov 11, 2014 2:40am Nov 11, 2014 2:40am
Quoting lorbax
{quote} If only I didn't live where this happened at 5am local time ...

at 5am my time, I was dreaming of the Duomo.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,589
  • Nov 11, 2014 2:42am Nov 11, 2014 2:42am
Quoting emmanuel7788
{quote} I LIKE the way you trade D chart..... .
Thanks EMU. You got that right
Sad i'm not trying to understand PA
  • #43,590
  • Nov 11, 2014 2:45am Nov 11, 2014 2:45am
Quoting emmanuel7788
{quote} at 5am my time, I was dreaming of the Duomo.
Milan l'è semper un gran Milan... -- dialect for "Milan is always a great Milan"

Attached Image (click to enlarge)
Click to Enlarge Name: duomo.jpg Size: 382 KB
Lorenzo
  • #43,591
  • Nov 11, 2014 2:55am Nov 11, 2014 2:55am
Quoting emmanuel7788
{quote} Hi Olaff, I don't trade this pair as they are cousins of the USD. Both tends to run in same direction. But, simply looking at the H1 chart, I don't see very nice APBs candles. Too smal body and long upper and lower wicks. Sorry for my ignorance about many things, so please don't take my ignorance as a point of view. Still observing and learning many things about TMS. {image} regards,
Hi Emmanuel,

"Ignorance"? hmm I think that is a very strong word. I am taking that as a "feedback" if that's alright? You are right it looks like unpleasant consolidation area, but will see how it goes. I need bit of practice too.
Haven't been here for a while, I have forgot about TMS and started applying some weird strategies and seriously overtrading. yes! I have sinned!
But I am back to the approach that worked for me in the past. So far it cured me from overtrading! Two trades this week so far, still open and both well into green so I am happy.
Regards,
3xf
  • #43,592
  • Nov 11, 2014 3:00am Nov 11, 2014 3:00am
Quoting emmanuel7788
{quote} I LIKE the way you trade D chart..... .
Isn't this 1H chart??
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #43,593
  • Nov 11, 2014 3:01am Nov 11, 2014 3:01am
Quoting heispark
{quote} Isn't this 1H chart??

yes it is
Give yourself a chance and trade it like it's layed out...
  • #43,594
  • Nov 11, 2014 3:06am Nov 11, 2014 3:06am
Quoting heispark
{quote} Isn't this 1H chart??

yes, that is H1 chart Omonisha posted.
for those who have no time to trade during the day, they can trade using only H1 charts. Only look at chart once per day and any time there is an entry level.
The trade decision is based on Weekly and Daily charts and on H1 we can open positions any time of the day.

Do not treat my ignorance as a point of view.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,595
  • Nov 11, 2014 3:09am Nov 11, 2014 3:09am
Quoting lorbax
{quote} Milan l'è semper un gran Milan... -- dialect for "Milan is always a great Milan" {image}

Wow! such a glorious photo..... Thanks.
Last Christmas I was there and there were stalls all over that same place, could not take a clear view of the Duomo.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,596
  • Nov 11, 2014 3:12am Nov 11, 2014 3:12am
Quoting emmanuel7788
{quote} yes, that is H1 chart Omonisha posted. for those who have no time to trade during the day, they can trade using only H1 charts. Only look at chart once per day and any time there is an entry level. The trade decision is based on Weekly and Daily charts and on H1 we can open positions any time of the day. Do not treat my ignorance as a point of view.
Oh, I understand your point now.... Thanks!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #43,597
  • Edited 3:30am Nov 11, 2014 3:14am | Edited 3:30am
Quoting heispark
{quote} Oh, I understand your point now.... Thanks!

actually I made two points.

which one?

the one on trading once per day using H1 charts

or the other

"ignorance is never a point of view"

Edit:
... a pic is worth one thousand words.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD 3TF W1 D1 H1.png Size: 97 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,598
  • Nov 11, 2014 3:37am Nov 11, 2014 3:37am
Quoting emmanuel7788
{quote} actually I made two points. which one? the one on trading once per day using H1 charts or the other "ignorance is never a point of view" Edit: ... a pic is worth one thousand words. {image}
Thanks EMU that is exactly what i did
Sad i'm not trying to understand PA
  • #43,599
  • Nov 11, 2014 3:46am Nov 11, 2014 3:46am
Quoting WDays
Hi fellas, I'd rather stay out right now since I have a few bounce signals at frankfurt, otherwise we're either at the 3rd+ candle or crosses are weaksauce (GU for instance). I'm not going to try to push in trades. I see my GJ would have been a TP if I hadn't trailed as closely as I did, but hey life goes on. Remember to only take good TDI crosses, bounces if the trend is not exhausted, avoid congested/consolidating pairs, look left on your H1 and/or H4 charts. Good luck, and let's see what the market brings today. That's the type of setup I like...
GJ TP Hit

Risk 50 pips TP 125 pips

Thank you to Lastingwell for her great Template, I love it
Attached Image (click to enlarge)
Click to Enlarge Name: 11-11 GJ.png Size: 21 KB
Give yourself a chance and trade it like it's layed out...
  • #43,600
  • Nov 11, 2014 3:51am Nov 11, 2014 3:51am
Quoting Bizzzle
{quote} GJ TP Hit Risk 50 pips TP 125 pips Thank you to Lastingwell for her great Template, I love it {image}
Yeah buddy, nice job Indeed, thanks Lastingwell we love you long time Damn you wake up early...
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