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Trading Made Simple

  • #47,081
  • Dec 17, 2014 12:48am Dec 17, 2014 12:48am
Quoting likica
too fast to change my PT on EA long and AU short... {image}
I really, I mean really like how you manage those trades while they goes in the negative side

I just look at those trades that needed strength to manage , those I learn a lot from, or others that has already started the move and then you almost go in some pips late, but finally with good management, PA does the job of bringing green pips

Good trading as always
I Have Learned to Take Some Losses to Make Profits
  • #47,082
  • Dec 17, 2014 12:56am Dec 17, 2014 12:56am
Quoting adikashyap
First 50+ for the day .... {image}
Well done , thanks for sharing ur daily trades, good luck
I Have Learned to Take Some Losses to Make Profits
  • #47,083
  • Dec 17, 2014 1:04am Dec 17, 2014 1:04am
Close remaining trade at +40 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 41 KB
  • #47,084
  • Dec 17, 2014 1:06am Dec 17, 2014 1:06am
Quoting wyley187
I'm starting to get interested in a gbp/nzd short, its not where it needs to be yet for an actionable trade ATM, but it's nearing a strong resistance and the hourly tdi is starting to turn at the 68 level, support at the 2.0200/20 level,a good R;R just something to keep an eye on IMO...I love trading this pair, the moves are huge
Looking to short this too.
Waiting for PA to confirm.
  • #47,085
  • Dec 17, 2014 1:15am Dec 17, 2014 1:15am
Gold has an immediate support located at 1195.96 (50-DMA), under which the losses could be extended to 1187.80 levels. Meanwhile, resistance is seen at 1200 and 1208 levels.
  • #47,086
  • Dec 17, 2014 1:17am Dec 17, 2014 1:17am
Quoting csethna
Hi TMS, not much of a poster here, but thought I would share. Firstly thanks to lastingwell and snarlyjack and all who contibute to this thread. I am really bad at H1 and okay on H4. The big difference happened when I shifted to the daily,even though that means getting up at 3:30 am(India time). Trading Made simple has redifined itself for me. Here are a couple of trades still running, one from last week. Patience takes on a new meaning when trading the dailies, but a life- lesson in itself. Thank u all and God Bless. {image} {image}
Amazing trade... I would go insane waiting for this...
  • #47,087
  • Dec 17, 2014 1:19am Dec 17, 2014 1:19am
Quoting erelation
Close remaining trade at +40 pips. {image}
...well done mate
  • #47,088
  • Dec 17, 2014 1:20am Dec 17, 2014 1:20am
Quoting griffinssoul
{quote} Amazing trade... I would go insane waiting for this...
You would go insane if you watched the charts all day but if you watch once a day you just get on with your life and then check before the next daily candle
  • #47,089
  • Dec 17, 2014 1:21am Dec 17, 2014 1:21am
GBPNZD- First entry was risky at 1H TF breaking of the IB over the 200 ema. Added position on 4H TF is a basic TMS second candle entry after price bounce from 200 ema and TDI over the MBL.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD_17.png Size: 38 KB
Sad i'm not trying to understand PA
  • #47,090
  • Dec 17, 2014 1:25am Dec 17, 2014 1:25am
Quoting omonisha
GBPNZD- First entry was risky at 1H TF breaking of the IB over the 200 ema. Added position on 4H TF is a basic TMS second candle entry after price bounce from 200 ema and TDI over the MBL. {image}

Wow...!!!!


I think a unicorn just threw up all over my charts....
Attached Image
  • #47,091
  • Dec 17, 2014 1:31am Dec 17, 2014 1:31am
Quoting lastingwell
{quote}You would go insane if you watched the charts all day but if you watch once a day you just get on with your life and then check before the next daily candle
I can certainly see the merit in this approach...

Quoting omonisha
GBPNZD- First entry was risky at 1H TF breaking of the IB over the 200 ema. Added position on 4H TF is a basic TMS second candle entry after price bounce from 200 ema and TDI over the MBL. {image}
Great trade
  • #47,092
  • Dec 17, 2014 1:35am Dec 17, 2014 1:35am
Long USDSGD - 4hr.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDSGDH4.png Size: 46 KB
Click to Enlarge Name: USDSGDH4a.png Size: 41 KB
  • #47,093
  • Dec 17, 2014 1:58am Dec 17, 2014 1:58am
SL now move to BE +2 pips
Attached Image (click to enlarge)
Click to Enlarge Name: USDSGDH1.png Size: 39 KB
  • #47,094
  • Dec 17, 2014 2:00am Dec 17, 2014 2:00am
Quoting wyley187
I'm starting to get interested in a gbp/nzd short, its not where it needs to be yet for an actionable trade ATM, but it's nearing a strong resistance and the hourly tdi is starting to turn at the 68 level, support at the 2.0200/20 level,a good R;R just something to keep an eye on IMO...I love trading this pair, the moves are huge
I am shorting it right now, small lot...
  • #47,095
  • Dec 17, 2014 2:05am Dec 17, 2014 2:05am
Shorting EA
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 89 KB
Positive anything is better than negative thinking.- Elbert Hubbard
  • #47,096
  • Dec 17, 2014 2:46am Dec 17, 2014 2:46am
Gdmorning TMS

I'm looking at AJ. I'm aware its counter trend but looks interesting with a strong bullish cross at support. Also div play.

Any thoughts
  • #47,097
  • Dec 17, 2014 2:51am Dec 17, 2014 2:51am
Just hit TP on EURAUD for 40 green, Maybe should have let it run but it's counter trend. I hit my target so all is good if it goes with out me.
Attached Image (click to enlarge)
Click to Enlarge Name: EA.PNG Size: 43 KB
Intelligence is the ability to adapt to change. Stephen Hawking
  • #47,098
  • Dec 17, 2014 2:55am Dec 17, 2014 2:55am
Quoting kingdomk
Gdmorning TMS I'm looking at AJ. I'm aware its counter trend but looks interesting with a strong bullish cross at support. Also div play. Any thoughts
I'm looking at the same thing. But i'm waiting to see if it bounces of the guppys.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #47,099
  • Dec 17, 2014 2:56am Dec 17, 2014 2:56am
Quoting nods80
Just hit TP on EURAUD for 40 green, Maybe should have let it run but it's counter trend. I hit my target so all is good if it goes with out me. {image}

  • #47,100
  • Edited 3:14am Dec 17, 2014 2:56am | Edited 3:14am
Quoting nods80
Just hit TP on EURAUD for 40 green, Maybe should have let it run but it's counter trend. I hit my target so all is good if it goes with out me. {image}
Exactly same trade here.. same considerations, 40 pips in 30 mins are good enough to close on H1 for me.

Attached Image (click to enlarge)
Click to Enlarge Name: ea.PNG Size: 42 KB

Even though, I am doing this reasoning in the last few days, many pairs start to be in the "end of year" choppiness/ranging. I generally prefer H4 to avoid spikes, compared to H1, while now, in the last few days I noted the opposite, H4 tend to struggle to reach TPs, many spikes, as opposed to H1 (EA, GA....) which are showing pretty smooth movements. Probably it's something temporary ... but can be exploited.

cheers
Lorenzo
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