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Trading Made Simple

  • #46,761
  • Dec 15, 2014 3:43am Dec 15, 2014 3:43am
Quoting sknight1
EA short for +30 on a quick 1H bounce below the 50 line. {image}
I was wondering What was on at weekend that made you so confident to fake so well today?
Appreciation is the key to wealth and happiness
  • #46,762
  • Dec 15, 2014 3:49am Dec 15, 2014 3:49am
Quoting likica
{quote} I was wondering What was on at weekend that made you so confident to fake so well today?

Hours and hours (and even more HOURS) of staring at charts.... then going down to the next lower time frame to stare at those charts to see what was going on inside the higher time frame candles. And large doses of humility. However, I admit that I still look at regular candlestick charts and take most of my entries off of those. Regular candles are still more comfortable to my eye. But I post HA charts here because I thought regular candle charts may be frowned upon.

  • #46,763
  • Dec 15, 2014 3:52am Dec 15, 2014 3:52am
"Fear in peoples lives destroys so many. There is nothing to fear in the market. Practice , practice , practice on DEMO . THAT'S THE ONLY WAY TO BUILD CONFIDENCE. I took a " year off " of live trading and just studied old charts building my confidence.... trading Demo Only. Now I have no fear to push the button... take the trade. Sometimes I exit too early and miss another 50 pips... so what... I'm on the prowl looking thru my charts looking for the next trade. If there is none... click off and check back later.", Big E

What a remarkable trader!
  • #46,764
  • Dec 15, 2014 3:54am Dec 15, 2014 3:54am
I bet someone also wonder about GA & EA on M30 today....
Attached Image (click to enlarge)
Click to Enlarge Name: EA GA winners Mon 15.12.14.png Size: 98 KB
Appreciation is the key to wealth and happiness
  • #46,765
  • Dec 15, 2014 3:55am Dec 15, 2014 3:55am
Quoting sknight1
{quote} Hours and hours (and even more HOURS) of staring at charts.... then going down to the next lower time frame to stare at those charts to see what was going on inside the higher time frame candles. And large doses of humility. However, I admit that I still look at regular candlestick charts and take most of my entries off of those. Regular candles are still more comfortable to my eye. But I post HA charts here because I thought regular candle charts may be frowned upon.
weekend works have been paid
Appreciation is the key to wealth and happiness
  • #46,766
  • Dec 15, 2014 4:06am Dec 15, 2014 4:06am
Quoting likica
I bet someone also wonder about GA & EA on M30 today.... {image}





I'm working a GN short at +25 right now. SL to BE + a few.
  • #46,767
  • Dec 15, 2014 4:10am Dec 15, 2014 4:10am
Quoting Landline
Hi all First trade of the week earlier...AU m30 chart attached Reasons: TDI, C&G, CC, ZONE Progressing ok at mo, it has its chance to reach tp, but could turn {image}
TP reached...good start of the week
  • #46,768
  • Dec 15, 2014 4:17am Dec 15, 2014 4:17am
Quoting Landline
{quote} TP reached...good start of the week

  • #46,769
  • Dec 15, 2014 4:20am Dec 15, 2014 4:20am
Hi Likica

what made you not take that two apb bullish candle trade on EA...it looked good for long... Please do advice

Regards
Attached Image
  • #46,770
  • Dec 15, 2014 4:29am Dec 15, 2014 4:29am
Quoting dennis4u15
Hi Likica what made you not take that two apb bullish candle trade on EA...it looked good for long... Please do advice Regards {image}
It was TDI on HTF stepping down and made it failed if went long
Appreciation is the key to wealth and happiness
  • #46,771
  • Dec 15, 2014 4:33am Dec 15, 2014 4:33am
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDM30.png Size: 21 KB


AN...shorts

2 trades taken from the m30 chart...ref TDI, C&G, CC, ZONE

They seemed ok and fitted my criteria...may need some patience with these by the looks of things
  • #46,772
  • Dec 15, 2014 4:35am Dec 15, 2014 4:35am
Quoting likica
{quote} It was TDI on HTF stepping down and made it failed if went long
  • #46,773
  • Dec 15, 2014 4:40am Dec 15, 2014 4:40am
Hi Likica

So if we trading 1hr chart then before we pull the trigger its good to check 4hr time frame to see the direction the Tdi is pointing right??
A lot to learn for me..
  • #46,774
  • Dec 15, 2014 4:42am Dec 15, 2014 4:42am
Quoting dennis4u15
Hi Likica So if we trading 1hr chart then before we pull the trigger its good to check 4hr time frame to see the direction the Tdi is pointing right?? A lot to learn for me..
Not just the TDI. We also look at the last H4 candle, does it look like it would go lower or is it just minor profit taking before the move up continues? Vice versa for the other way
  • #46,775
  • Dec 15, 2014 4:45am Dec 15, 2014 4:45am
So in EA the two bullish candles were just profit taking right???
  • #46,776
  • Dec 15, 2014 4:46am Dec 15, 2014 4:46am
Good day all.
EuroCad +30 (Oil started moving up, so no need for eur to move up, small TP
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 143 KB
  • #46,777
  • Dec 15, 2014 4:48am Dec 15, 2014 4:48am
Quoting griffinssoul
"Fear in peoples lives destroys so many. There is nothing to fear in the market. Practice , practice , practice on DEMO . THAT'S THE ONLY WAY TO BUILD CONFIDENCE. I took a " year off " of live trading and just studied old charts building my confidence.... trading Demo Only. Now I have no fear to push the button... take the trade. Sometimes I exit too early and miss another 50 pips... so what... I'm on the prowl looking thru my charts looking for the next trade. If there is none... click off and check back later.", Big E What a remarkable trader!...
Nice to hear that from pro trader, its how one should follow trading with correct steps to build good habits
I Have Learned to Take Some Losses to Make Profits
  • #46,778
  • Dec 15, 2014 4:49am Dec 15, 2014 4:49am
was out of ACHF long as I was concerned about CHF news. look how well tdi and div worked
Attached Image (click to enlarge)
Click to Enlarge Name: ACHF M30 buy (DIV+BO)Mon 15.12.14 @1.15pm aedt (H4 H1 M30 view) +19 exited. reached 50.png Size: 84 KB
Appreciation is the key to wealth and happiness
  • #46,779
  • Dec 15, 2014 4:55am Dec 15, 2014 4:55am
EurUsd -18
My mistake, thought I had put my SL beyond the yesterdays high. Guess I was falling a sleep
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 161 KB
  • #46,780
  • Dec 15, 2014 4:59am Dec 15, 2014 4:59am
Quoting RedPhoenix
Good day all. EuroCad +30 (Oil started moving up, so no need for eur to move up, small TP {image}
Appreciation is the key to wealth and happiness
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