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Trading Made Simple

  • #45,801
  • Dec 5, 2014 4:01am Dec 5, 2014 4:01am
Quoting lydia
hi Licika, what indicator do you use on the upper right corner? thanks. {quote}
here you go
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File Type: ex4 TMS 10EMA Dashboard.ex4   10 KB | 470 downloads
Appreciation is the key to wealth and happiness
  • #45,802
  • Dec 5, 2014 4:06am Dec 5, 2014 4:06am
3 simultaneous trades
GU,GA, AJ.
will check back 30 mins before non farm to change SL hopefully to BE.

EDIT: technically i can go for GJ as well.....but if i were to do that, i will be getting in on 3x the risk because of 3 GBP crosses.
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Daniel
  • #45,803
  • Dec 5, 2014 4:12am Dec 5, 2014 4:12am
Quoting lorbax
{quote} Hi there Greenb, All well said - agree on 100% of what you said. If I can add, I generally use two methods, interchangeably, depending on the situation: is PA pushing a lot ? I maybe enter half-lot few minutes before (such as 10.55 , candle changes at 11.00) and second half-lot after the candle chage. is PA after 1 candle I'm already in the trade, pushing a lot and it's not end of day ? then I may add up one small-sized position. First one (1) is merely to anticipate a bit the signal and squeeze some extra pips, the risk is that in the next...

Technically though Lorbax, if you get in on 1h (1st position), and then on new 4h candle (2nd position) and then you can stealthe next 4H candle due to strong PA (3 positions). that would be 3 positions in total
or you can keep adding position for a strong move whenever they went up every 10 pips, or you can add position for each positive APB on your favor and resetting SL on the shift+2. just depends how risky you want to be hehe

Greenb

EDIT: that said, i'm hitting the bed now. before i go crazy looking at price. either i woke up with greens or i woke up with red now.
Daniel
  • #45,804
  • Edited 4:39am Dec 5, 2014 4:17am | Edited 4:39am
Quoting Greenb
{quote} Technically though Lorbax, if you get in on 1h (1st position), and then on new 4h candle (2nd position) and then you can stealthe next 4H candle due to strong PA (3 positions). that would be 3 positions in total or you can keep adding position for a strong move whenever they went up every 10 pips, or you can add position for each positive APB on your favor and resetting SL on the shift+2. just depends how risky you want to be hehe Greenb EDIT: that said, i'm hitting the bed now. before i go crazy looking at price. either i woke up with greens...
sweet dreams about Betty ... singing something like "there's a stranger in my bed, there's a POUNDING in my head ..." laalalalalalala...


Attached Image
Lorenzo
  • #45,805
  • Dec 5, 2014 4:32am Dec 5, 2014 4:32am
Quoting Greenb
3 simultaneous trades GU,GA, AJ. will check back 30 mins before non farm to change SL hopefully to BE. EDIT: technically i can go for GJ as well.....but if i were to do that, i will be getting in on 3x the risk because of 3 GBP crosses. {image}
I like you G trades. Good luck with all.
I am having UC, GN , GA longs going
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Appreciation is the key to wealth and happiness
  • #45,806
  • Dec 5, 2014 4:44am Dec 5, 2014 4:44am
after 2 harsh demolosses yesterday ( - 100 pips ) is here my chance to get most of it back

GJ H4
The TDI bounced on the MBL and cam back to the daily trend .
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png 5-12..png Size: 38 KB
Risiko birgt immer auch die Chance.
  • #45,807
  • Dec 5, 2014 4:51am Dec 5, 2014 4:51am
Quoting likica
{quote} I like you G trades. Good luck with all. I am having UC, GN , GA longs going {image}

Hi - can anyone tell why my TDA says Strong sell where as Likica sees a buy?
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  • #45,808
  • Dec 5, 2014 4:52am Dec 5, 2014 4:52am
Took GBP/AUD this morning. Was looking on EUR/AUD and GBP/AUD because of their's small range during Asian session. So was waiting good breakout and nice move. Took GA because there was much more momentum on GBP pairs this morning. Was looking for long since FO and when price made little retracement on M15 i've entered on continuation of a long move. TP was set at +50 pips, but i decided to take what i have, because PA became ranging and i don't like to sit in profit on the ranging market with no clear movement. Also i've reached my goal for the week with this +35, so that's really enough for today before NFP.
Good luck everyone!
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  • #45,809
  • Dec 5, 2014 4:58am Dec 5, 2014 4:58am
Quoting Sesamstrasse
after 2 harsh demolosses yesterday ( - 100 pips ) is here my chance to get most of it back GJ H4 The TDI bounced on the MBL and cam back to the daily trend . Guido {image}
I'm surprised at how different our previous H4 candles look. Obviously, different brokers, different data feeds but.... wow.
Attached Image
  • #45,810
  • Dec 5, 2014 5:00am Dec 5, 2014 5:00am
Quoting twellve
{quote} Hi - can anyone tell why my TDA says Strong sell where as Likica sees a buy? {image}
depends on when the entry was!!
about 20 candles back on your chart it´s a valid entry !

For clearing : what chart + timeframe is it , please .. always better to see the same charts !!
Guido
Risiko birgt immer auch die Chance.
  • #45,811
  • Dec 5, 2014 5:05am Dec 5, 2014 5:05am
Quoting twellve
Morning all Started babypips last night But cant help look at charts and the market are UCHF UJ and UCD really oversold as my charts say there are something left but is it me not reading it right?
Overbought or oversold does not necessarily mean a turn
  • #45,812
  • Dec 5, 2014 5:05am Dec 5, 2014 5:05am
Quoting Sesamstrasse
{quote} depends on when the entry was!! about 20 candles back on your chart it´s a valid entry ! For clearing : what chart + timeframe is it , please .. always better to see the same charts !! Guido

GJ 4H ...... same as yours. Label on the upper left hand corner of the image.
  • #45,813
  • Dec 5, 2014 5:06am Dec 5, 2014 5:06am
Quoting sknight1
{quote} I'm surprised at how different our previous H4 candles look. Obviously, different brokers, different data feeds but.... wow. {image}
Yes, totally agree with you .. but the different brokertime does not change anything by the intire system .
Stable systematic workout on a chart means stable systematic results ..
In the end we´re sitting in the same boat
Guido
Risiko birgt immer auch die Chance.
  • #45,814
  • Dec 5, 2014 5:10am Dec 5, 2014 5:10am
Quoting Sesamstrasse
{quote} Yes, totally agree with you .. but the different brokertime does not change anything by the intire system . Stable systematic workout on a chart means stable systematic results .. In the end we´re sitting in the same boat Guido

I'm not arguing with you about it. I was just surprised by the difference between the candles.

I got long at 188.38
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  • #45,815
  • Dec 5, 2014 5:10am Dec 5, 2014 5:10am
Quoting Sesamstrasse
{quote} depends on when the entry was!! about 20 candles back on your chart it´s a valid entry ! For clearing : what chart + timeframe is it , please .. always better to see the same charts !! Guido

Thanks Guido - see the 20 pips back now but missed it - sorry missed it on the crop it, just I have TDA Alert down but I just wondered if it looked right as I dont mess with settings whilst being super new here!
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  • #45,816
  • Dec 5, 2014 5:18am Dec 5, 2014 5:18am
Quoting sknight1
{quote} I'm not arguing with you about it. I was just surprised by the difference between the candles. I got long at 188.38 {image}
cooool !!

May I ask : after how many pips do you trigger to BE in this volatile pair ??
Guido
Risiko birgt immer auch die Chance.
  • #45,817
  • Dec 5, 2014 5:23am Dec 5, 2014 5:23am
Quoting Sesamstrasse
{quote} cooool !! May I ask : after how many pips do you trigger to BE in this volatile pair ?? Guido

I move to BE after +30. Am up +55 right now and thinking about closing the position in 40 minutes which will be a new 4H candle for me.... mainly because today is NFP and I don't want to give back my pips for BE.
  • #45,818
  • Dec 5, 2014 5:25am Dec 5, 2014 5:25am
Quoting sknight1
{quote} I move to BE after +30. Am up +55 right now and thinking about closing the position in 40 minutes which will be a new 4H candle for me.... mainly because today is NFP and I don't want to give back my pips for BE.

Yep , after 30-35 pips ( depends on the pair ) I also move to BE .
But my expection is around 70 pips .. propably much more on such a special day.
Guido
Risiko birgt immer auch die Chance.
  • #45,819
  • Dec 5, 2014 5:27am Dec 5, 2014 5:27am
Quoting Sesamstrasse
{quote} Yep , after 30-35 pips ( depends on the pair ) I also move to BE . But my expection is around 70 pips .. propably much more on such a special day. Guido

I worry about NFP sending price action in the opposite direction and taking me out for BE+5. That's happened more often than I care to think about.
  • #45,820
  • Dec 5, 2014 5:31am Dec 5, 2014 5:31am
GBPJPY. Pullback candle then an IB. Trade taken on the break of IB. TDI bounce from the MBL
Attached Image (click to enlarge)
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Sad i'm not trying to understand PA
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