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Trading Made Simple

  • #43,881
  • Nov 14, 2014 3:24am Nov 14, 2014 3:24am
Quoting nods80
{quote} MY TDI looks very different to yours. what settings are you using? Thanks for image great help.
I just downloaded the one from the first post - also I changed the colours because I'm use to normal candles ... lol
  • #43,882
  • Nov 14, 2014 3:26am Nov 14, 2014 3:26am
Quoting emmanuel7788
H1 scalpers love PCRF as setups... small number of pips but profitable {image}
Thanks emmanuel7788, thats good to know. If you scalp the win% goes higher ... but I never like it [scalping] when traders risk more than 1:1 ... some traders don't even have SL at all!
  • #43,883
  • Nov 14, 2014 3:26am Nov 14, 2014 3:26am
Quoting emmanuel7788
H1 scalpers love PCRF as setups... small number of pips but profitable {image}
http://www.forexfactory.com/attachme...7&d=1412226459

Thought might be usful to some people
Intelligence is the ability to adapt to change. Stephen Hawking
  • #43,884
  • Nov 14, 2014 3:27am Nov 14, 2014 3:27am
Quoting lorbax
{quote} .......NOT all that glitters is gold https://www.youtube.com/watch?v=9Q7Vr3yQYWQ
haha , may be the wrong thred but nice .. IŽll post mine here :

http://www.forexfactory.com/showthre...37#post7870937

Enjoy
Guido
Risiko birgt immer auch die Chance.
  • #43,885
  • Nov 14, 2014 3:31am Nov 14, 2014 3:31am
Another example EURUSD 3-bars PCRF...
this one LO has set the low for the session, but not for today.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 3-bars PCRF.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,886
  • Nov 14, 2014 3:34am Nov 14, 2014 3:34am
Quoting emmanuel7788
CADJPY quick review: By now, we all have seen what happen to the JPY pairs since the last BoJ action two Fridays ago. JPY will continue to weaken but correctins in the market will happen before the next big move. What is the market type now? - is it trending? or - sideways wide range UP or Down? or - sideways narrow range ... TMS traders we stay out of this market type. {image} Know the market types and decide on trade or no trade.
Good observation !!
No clear signal , so we stay out .
Very welcome , thanks!
Guido
Risiko birgt immer auch die Chance.
  • #43,887
  • Nov 14, 2014 3:34am Nov 14, 2014 3:34am
Quoting emmanuel7788
Another example EURUSD 3-bars PCRF... this one LO has set the low for the session, but not for today. {image}
emmanuel7788, so this is like a morning star pattern for HA? What is PCRF?
  • #43,888
  • Nov 14, 2014 3:48am Nov 14, 2014 3:48am
Quoting Curious_Boy
{quote} Trade update: AU got stopped out at previous swing high. Should be like seniors say, look at D1 before entry. emmanuel and other seniors, what are your thinking on the current situation of #2 red candle pointed by arrow? How it is different from my first entry? {image}

You can scalp using H4, TDI cross + APB#1 and APB#2 for entry. Next H4 check TDI for exit...
When you see the next H4 TDI goes flat or hook backwards then you exit immediately.

I don't trade this way aggressive way without using PASR + TMS.

Study the full TDI carefully. The TDI Green cross down Red, but the MBL is rising, which indicates the higher TF momentun is still up.
Look at your H4 chart, do you see the PA is a rising channel?
Is that rising channel wide or narrow?
Price action is at BRN 0.8700 and 3 days in a row, the Day Open is around this BRN.
Is the Day Open near to the 200EMA?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,889
  • Nov 14, 2014 3:49am Nov 14, 2014 3:49am
Quoting TheScorpS
GJ_H1 short at LO, pullback candle and TDI at the time of opening the trade was above MBL but below 50, enough to take the trade following yesterday impulse leg down, closed most of position at +40, let a small one left for more down movement, but trailing stop hit at +12 pips {image}
Thank for that perspective TSS
Thanks for your help, warmth and straight talking Heather.
  • #43,890
  • Nov 14, 2014 3:52am Nov 14, 2014 3:52am
Quoting Sesamstrasse
{quote} Good observation !! No clear signal , so we stay out . Very welcome , thanks! Guido

Well, that was a good TOK_5H trade [email protected] TP @103.00
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY H1 TOK_5H trade.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,891
  • Nov 14, 2014 3:53am Nov 14, 2014 3:53am
What are your thoughts on the AUDUSD? Starting to look bullish in lower TF's and H4 is turning.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD1HR.PNG Size: 44 KB
Intelligence is the ability to adapt to change. Stephen Hawking
  • #43,892
  • Nov 14, 2014 3:57am Nov 14, 2014 3:57am
Quoting emmanuel7788
{quote} Well, that was a good TOK_5H trade [email protected] ("[email protected]") TP @103.00 {image}
Wow! That looks like a great trade emmanuel7788, well done, I don't trade this pair...
  • #43,893
  • Edited 4:30am Nov 14, 2014 3:59am | Edited 4:30am
Quoting nods80
What are your thoughts on the AUDUSD? Starting to look bullish in lower TF's and H4 is turning. {image}

...its too late to trade by the rules... 3rd candle... But otherwise, Mmmm... made a LL, but yeah may be... ???

EDT: oh, hang-on thats an perfect EW move up and its in the B-wave correction so a C-wave down is expected (just to over complicate things... lol) - so, on the D I'm expecting a change of polarity... I guess you could analyse everything too much... thats why its a good idea to keep it simple
  • #43,894
  • Nov 14, 2014 4:02am Nov 14, 2014 4:02am
Quoting nods80
What are your thoughts on the AUDUSD? Starting to look bullish in lower TF's and H4 is turning. {image}
I see a nice H1 IB breakout with that candle and price is back at today' Day Open and the 200EMA H1 is just below as dynamic support.
A valid technical H1 setup and has Higher TF support.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,895
  • Nov 14, 2014 4:29am Nov 14, 2014 4:29am
Quoting emmanuel7788
{quote} I see a nice H1 IB breakout with that candle and price is back at today' Day Open and the 200EMA H1 is just below as dynamic support. A valid technical H1 setup and has Higher TF support.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #43,896
  • Nov 14, 2014 4:37am Nov 14, 2014 4:37am
Shorted EUR/AUD at 1.4311. Strong 4h pullback candle. entered on second 1h candle. TP - yesterdays low - or there abouts.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2014-11-14 21.31.25.png Size: 55 KB
  • #43,897
  • Nov 14, 2014 4:42am Nov 14, 2014 4:42am
Quoting Olafff
Shorted EUR/AUD at 1.4311. Strong 4h pullback candle. entered on second 1h candle. TP - yesterdays low - or there abouts. {image}

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,898
  • Nov 14, 2014 4:54am Nov 14, 2014 4:54am
messed up with GA . went long -16, went short +39
Attached Image (click to enlarge)
Click to Enlarge Name: GA trades Fri 13.11.14 buy-16, sell+39.png Size: 94 KB
Appreciation is the key to wealth and happiness
  • #43,899
  • Nov 14, 2014 4:59am Nov 14, 2014 4:59am
Quoting likica
messed up with GA . went long -16, went short +39 {image}
Hi likica, was that a 15M trade?
  • #43,900
  • Nov 14, 2014 5:02am Nov 14, 2014 5:02am
Please tell me which do you prefer?

a) TDI to be on your chart price

or

b) the APB to be in the same TDI window?

Attached Image (click to enlarge)
Click to Enlarge Name: TDI APB choices.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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