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Trading Made Simple

  • #46,581
  • Dec 12, 2014 6:13am Dec 12, 2014 6:13am
Now, I know why Big E kept on saying TMS is .... Wheelbarrow of pips ....
One more (two more in real) 50+ ...
I switch over to this screen after I take position/s ... helps in observing immediate smaller and higher TF's in one glance ...
Thanks Emmanueal for this Indi ...
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH1.png Size: 44 KB
  • #46,582
  • Dec 12, 2014 6:14am Dec 12, 2014 6:14am
That s my GJ H4 of today. ( demo )
After 35 pips in profit , I triggered my initial SL ( of 65 pips above the last red candle high ) to BE and got stopped BE.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png12.12.png Size: 39 KB
Risiko birgt immer auch die Chance.
  • #46,583
  • Dec 12, 2014 6:14am Dec 12, 2014 6:14am
GJ_H1 good for +50 even tho PA came within 4 pips from +100, good after all
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-12-12_13-02-57.jpg Size: 365 KB
I Have Learned to Take Some Losses to Make Profits
  • #46,584
  • Dec 12, 2014 6:15am Dec 12, 2014 6:15am
EJ short failed for -35
Attached Image (click to enlarge)
Click to Enlarge Name: EJ H1 short Fri 12.12.14@4.18a est -35.png Size: 31 KB
Appreciation is the key to wealth and happiness
  • #46,585
  • Dec 12, 2014 6:16am Dec 12, 2014 6:16am
Quoting likica
EA long @LO on H1 for 60 green {image}
Good call. I was put off by the 4hr view.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,586
  • Dec 12, 2014 6:18am Dec 12, 2014 6:18am
Quoting likica
EJ short failed for -35 {image}
I was watching EJ since the LO... never mind / forget about it - congrats on the other wins
  • #46,587
  • Dec 12, 2014 6:19am Dec 12, 2014 6:19am
Quoting adikashyap
Now, I know why Big E kept on saying TMS is .... Wheelbarrow of pips .... One more (two more in real) 50+ ... I switch over to this screen after I take position/s ... helps in observing immediate smaller and higher TF's in one glance ... Thanks Emmanueal for this Indi ... {image}
Good job. Can you share the indi? I wouldn't mind having a look.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,588
  • Dec 12, 2014 6:20am Dec 12, 2014 6:20am
Quoting TheScorpS
GJ_H1 good for +50 even tho PA came within 4 pips from +100, good after all {image}
This was the same story with LW earlier ... congrats on the +50
  • #46,589
  • Dec 12, 2014 6:23am Dec 12, 2014 6:23am
Quoting TheScorpS
GJ_H1 good for +50 even tho PA came within 4 pips from +100, good after all {image}
good one TSS.
I was in the similar situation with GN short as it went to 79pips then reversed and my PT 80+ spread . got out with 30 green
Attached Image (click to enlarge)
Click to Enlarge Name: GN M30 short Fri 12.12.14 LO +30 TO. hit 80 no filled.png Size: 14 KB
Appreciation is the key to wealth and happiness
  • #46,590
  • Dec 12, 2014 6:25am Dec 12, 2014 6:25am
Quoting nods80
{quote} Good job. Can you share the indi? I wouldn't mind having a look.
Here we go ... Emmanuel had uploaded long back ... was testing it ... awesome for the said purpose .....
Attached File(s)
File Type: tpl !#_tdi-w-3_mincharts.tpl   22 KB | 377 downloads
  • #46,591
  • Dec 12, 2014 6:26am Dec 12, 2014 6:26am
Quoting nods80
{quote} Good job. Can you share the indi? I wouldn't mind having a look.
you don't need lots of things (indies) to make a winner. they distract you from your main thing...(IMO)
Appreciation is the key to wealth and happiness
  • #46,592
  • Dec 12, 2014 6:28am Dec 12, 2014 6:28am
Quoting griffinssoul
{quote} I was watching EJ since the LO... never mind / forget about it - congrats on the other wins
Thanks GS. it did put me down a bit
Appreciation is the key to wealth and happiness
  • #46,593
  • Dec 12, 2014 6:34am Dec 12, 2014 6:34am
Quoting likica
{quote} you don't need lots of things (indies) to make a winner. they distract you from your main thing...(IMO)
No doubt about it ...
I use it, only after I take a position to observe what is happening in different TF's, without having to switch TF's .........
  • #46,594
  • Dec 12, 2014 6:34am Dec 12, 2014 6:34am
Quoting likica
{quote} Thanks GS. it did put me down a bit
likica, focus on all the incredible trades you have made this W1. Like wow... you are a great trader and I've learned so much from your trades...
  • #46,595
  • Dec 12, 2014 6:37am Dec 12, 2014 6:37am
Quoting griffinssoul
{quote} likica, focus on all the incredible trades you have made this W1. Like wow... you are a great trader and I've learned so much from your trades...
I know how you feel, hate losing at anything.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,596
  • Dec 12, 2014 6:44am Dec 12, 2014 6:44am
Quoting nods80
{quote} I know how you feel, hate losing at anything.
Actually, that is a psychological pit-fall of trading... and it makes you want to hang on to losing trades until you can no longer stay solvent
  • #46,597
  • Dec 12, 2014 7:00am Dec 12, 2014 7:00am
Quoting griffinssoul
{quote} Actually, that is a psychological pit-fall of trading... and it makes you want to hang on to losing trades until you can no longer stay solvent
I do agree, but it does depend on how you handle the feeling. If I make a mistake I try and get a positive from it so i don't make it again. I have the opposite problem and tend to close trades to early if I think they gonna lose only to see them hit my initial targets. All in the learning curve I guess.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,598
  • Dec 12, 2014 7:06am Dec 12, 2014 7:06am
Quoting nods80
{quote} I do agree, but it does depend on how you handle the feeling. If I make a mistake I try and get a positive from it so i don't make it again. I have the opposite problem and tend to close trades to early if I think they gonna lose only to see them hit my initial targets. All in the learning curve I guess.
Good point nods80 - my variant is "If I make a mistake I try and get a positive from it so i don't but know it will happen again". Losing is part of the game, part of the formula etc... (LOL, I should say you want to win more than lose of course...)
  • #46,599
  • Dec 12, 2014 7:06am Dec 12, 2014 7:06am
GS, Nods, thanks for your support. I m trying to think of GJ trade's comment yesterday
Appreciation is the key to wealth and happiness
  • #46,600
  • Dec 12, 2014 7:11am Dec 12, 2014 7:11am
Quoting likica
GS, Nods, thanks for your support. I m trying to think of GJ trade's comment yesterday
Intelligence is the ability to adapt to change. Stephen Hawking
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