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Trading Made Simple

  • #44,821
  • Nov 25, 2014 2:06am Nov 25, 2014 2:06am
Quoting Greenb
{quote} the only difference will be, i'm not in that trade nor am i thinking of getting in that EJ until much later (2h after LO). i dont really trade on 1h tf, so you miss ;p EDIT: okay i lied...i do get in on 1h TF on GU {image}

Whatever it takes to make some pips.

Good for you !!
  • #44,822
  • Nov 25, 2014 2:07am Nov 25, 2014 2:07am
Quoting griffinssoul
{quote} Roger that sknight1 - I've locked EJ+25 & GU+15 (+40 pips worst caes for a good days work )... looking for +50/+30 TP as we hit LO
Ok, thats it for me... EJ +25 (hit SL) & GU +30 TP = +55pips

sknight1 - breaking formation and heading home... you're the best, you can be my wing-man any time LOL!

How much fun was that, but I'm stressed & strained ... need to relax... best of luck everyone...
  • #44,823
  • Nov 25, 2014 2:09am Nov 25, 2014 2:09am
Quoting sknight1
{quote} Whatever it takes to make some pips. Good for you !!
likewise, hopefully that EJ start moving again for ya
that said, im going for a nap until 2+LO so i wont need to keep my eyes glued on screen.
c u guys later
Daniel
  • #44,824
  • Nov 25, 2014 2:11am Nov 25, 2014 2:11am
Quoting griffinssoul
{quote} Ok, thats it for me... EJ +25 (hit SL) & GU +30 TP = +55pips sknight1 - breaking formation and heading home... you're the best, you can be my wing-man any time LOL! How much fun was that, but I'm stressed & strained ... need to relax... best of luck everyone...
Awesome Grif.

Hope you're okay with a "wing woman".
  • #44,825
  • Nov 25, 2014 2:12am Nov 25, 2014 2:12am
EURAUD H1 at LO:

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD week 47 H1 MTF LO.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #44,826
  • Nov 25, 2014 2:12am Nov 25, 2014 2:12am
Quoting Greenb
{quote} likewise, hopefully that EJ start moving again for ya that said, im going for a nap until 2+LO so i wont need to keep my eyes glued on screen. c u guys later
Thanks Greenb. I hope so too, it's not looking to good at the moment but, SL is at BE+5 so, will just wait and see. Maybe EJ will surprise me like EC did this morning.
  • #44,827
  • Nov 25, 2014 2:14am Nov 25, 2014 2:14am
Quoting emmanuel7788
EURAUD H1 at LO: {image}

I say wait for an impulse move in either direction and a retouch of the edge of the channel....

but, I'm hoping for a sell based on the 4H. And that 1H looks like a double top to me.

Been watching it for an hour now.
  • #44,828
  • Nov 25, 2014 2:15am Nov 25, 2014 2:15am
Quoting sknight1
{quote} Awesome Grif. Hope you're okay with a "wing woman".

LOL.... oops! Sure, so long as you can work a 134-minigun... LOL! Goodluck with he rest of the sessions.... think green!
  • #44,829
  • Nov 25, 2014 2:18am Nov 25, 2014 2:18am
Quoting griffinssoul
{quote} LOL.... oops! Sure, so long as you can work a 134-minigun... LOL! Goodluck with he rest of the sessions.... think green!
I don't know what a 134-minigun is.... but, I own a Glock .40 caliber and I can drive a stick shift. Does that count????
  • #44,830
  • Nov 25, 2014 2:36am Nov 25, 2014 2:36am
EJ stopped out for BE+5
  • #44,831
  • Nov 25, 2014 3:00am Nov 25, 2014 3:00am
EURJPY Locked at +5 ....



Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 83 KB
WE BRAKE FOR NOBODY...
  • #44,832
  • Nov 25, 2014 3:12am Nov 25, 2014 3:12am
Quoting emmanuel7788
EURAUD H1 at LO: {image}
Hi I bought due to the strong 1 hour PA that broke the resistance currently +40 pips

thanks
  • #44,833
  • Nov 25, 2014 3:14am Nov 25, 2014 3:14am
Quoting sknight1
{quote} I say wait for an impulse move in either direction and a retouch of the edge of the channel.... but, I'm hoping for a sell based on the 4H. And that 1H looks like a double top to me. Been watching it for an hour now.
In a strong Up-trend, the TDI above 68-level is useless.
On the H1 chart posted, we see 2 H4 candles, showing L and HL but the TDI is lagging. This is what discrepancy between the price action and the lagging TDI.
We pick the higher probability direction following the price action and the higher timeframe momentum of the TDI which is seen using the Yellow line aka the MBL. But we must be aware that on the H1 chart, the TDI Red is closing into the MBL, this is also what we will see on H4 chart TDI that the Green will move closer to the Red. We also must be cautious that APB candle count 3 to 8 candles in strong trend.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD week 47 H1 trade LO.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #44,834
  • Nov 25, 2014 3:16am Nov 25, 2014 3:16am
Quoting GrantMcscott
{quote} Hi I bought due to the strong 1 hour PA that broke the resistance currently +40 pips thanks

nice, quick 40 pips!

next you can use CaveManager which will help us manage and trail stop using candles.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #44,835
  • Nov 25, 2014 3:16am Nov 25, 2014 3:16am
Entered GA on LO on H1.

Price pulled back quickly and I though it'd create a double top - exited with -11.

Re-entered 30 seconds later as PA looked strong on M15. Then the trade took off and "accidentally" hit my TP which I just wanted to get far enough out of the way. Obviously not far enough. Closed with +87.

My new creed is to be relaxed and intense at the same time. The way I handled this trade was just the exact opposite..
Attached Image (click to enlarge)
Click to Enlarge Name: FX_TS2243 Nov. 25 01.06.gif Size: 69 KB
Repetition is the Mother of Skill
  • #44,836
  • Nov 25, 2014 3:22am Nov 25, 2014 3:22am
EA battle is over for today.
pinbar on H4 did not work for my short, stopped out -59 (I totally ignored PA on H1 where it was facing support )
got in H1 long , out for +51
Attached Image (click to enlarge)
Click to Enlarge Name: EA H1 buy Tue 25.11.14 @3.35a est (LO) +51.png Size: 41 KB
Appreciation is the key to wealth and happiness
  • #44,837
  • Nov 25, 2014 3:24am Nov 25, 2014 3:24am
Quoting emmanuel7788
{quote} nice, quick 40 pips! next you can use CaveManager which will help us manage and trail stop using candles.
Thanks starting to get the hang of this and thanks for all the advise and information that people have posted

closed it out for +50 pips
  • #44,838
  • Nov 25, 2014 3:25am Nov 25, 2014 3:25am
Quoting lastingwell
Ok, checked in this morning to find 126 posts to read!! Fantastic trading everyone, brightened my morning to read all the posts, I should be back to trading (and posting) normally by tomorrow so it will be nice to get in amongst it again
Looking forward to it
  • #44,839
  • Nov 25, 2014 3:35am Nov 25, 2014 3:35am
Quoting likica
EA battle is over for today. pinbar on H4 did not work for my short, stopped out -59 (I totally ignored PA on H1 where it was facing support ) got in H1 long , out for +51 {image}

Great stuff Likica, being able to turn a 180 degrees demands a very flexible mindset. Respect!
Repetition is the Mother of Skill
  • #44,840
  • Nov 25, 2014 3:43am Nov 25, 2014 3:43am
Nice morning again! Market recently is really awesome. Took EUR/AUD again, and it payed me back really quickly. Wanted to move my TP higher, but it was too quick. Anyway, +50 is really good too As usuall, took the trade after braking FO high. Very simple and very clear setup with good TDI confirmation.
Also took EUR/CAD in the same time, because of it's small asian range - only about 28 pips. So was waiting for a nice brakeout. Situation was good, but i found it really hard to manage 2 open trades when volatility is so high. So took 9 pips and went out... Almost at the same time my TP on EA was hit. If i knew that before, i would let my EUR/CAD run till at least +20 or +30. But, that's ok.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 28 KB

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