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Trading Made Simple

  • #49,061
  • Jan 8, 2015 2:58am Jan 8, 2015 2:58am
Quoting likica
{quote} no sign of bulls anywhere yet, reaching 100% ADR
if it breaks supp its going south but fast
  • #49,062
  • Jan 8, 2015 2:59am Jan 8, 2015 2:59am
Quoting emmanuel7788
{quote} Go for the full 100% weekly range, target 1.4505....
That is my target exactly!, it's got some nice momentum on the one hour.....since I see you are on here emm, how many engulfing bars minimum do you consider for a master candle?
  • #49,063
  • Jan 8, 2015 3:03am Jan 8, 2015 3:03am
Hi All,

Is it a valid TDI setup?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 117 KB
Pips Collector EA, No Martingale, No Grid
  • #49,064
  • Jan 8, 2015 3:10am Jan 8, 2015 3:10am
Quoting wyley187
{quote} That is my target exactly!, it's got some nice momentum on the one hour.....since I see you are on here emm, how many engulfing bars minimum do you consider for a master candle?

Hi wyley,

I use 3 engulfing candles to define a Master Candle for TMS trading. I limit my bar patterns to maximum three, that's more than my eyes can handle and to keep things simple.

There are others - using 4 and 5 engulfing candles.
But the frequency of 3-engulfing bars are much more on most charts. Also note that the 4th and 5th bars after the 3rd are often false breakouts.

There are some materials posted by other rmembers on Master Candle, just use the keyword 'Master Candle' search.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49,065
  • Jan 8, 2015 3:10am Jan 8, 2015 3:10am
Quoting huatboyz
Hi All, Is it a valid TDI setup? {image}
good angle
Appreciation is the key to wealth and happiness
  • #49,066
  • Edited 3:23am Jan 8, 2015 3:12am | Edited 3:23am
Quoting huatboyz
Hi All, Is it a valid TDI setup? {image}
Hi huatboyz,

Look at the H4 candle you have. Look when this H4 close.
That pull back from 180.75 is significant to consider.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49,067
  • Jan 8, 2015 3:13am Jan 8, 2015 3:13am
will GBP news @7am est make the G diving further down?
Appreciation is the key to wealth and happiness
  • #49,068
  • Jan 8, 2015 3:15am Jan 8, 2015 3:15am
Quoting likica
will GBP news @7am est make the G diving further down?
Official Bank Rate?... (hehehe)
  • #49,069
  • Jan 8, 2015 3:17am Jan 8, 2015 3:17am
1st trade of the year gets 120 green. Still room for more but wasn't around to adjust my TP. Currently at 80+ on the demo trade with Emmanuel.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.PNG Size: 41 KB
Intelligence is the ability to adapt to change. Stephen Hawking
  • #49,070
  • Jan 8, 2015 3:19am Jan 8, 2015 3:19am
Quoting emmanuel7788
{quote} Hi wyley, I use 3 engulfing candles to define a Master Candle for TMS trading. I limit my bar patterns to maximum three, that's more than my eyes can handle and to keep things simple. There are others - using 4 and 5 engulfing candles. But the frequency of 3-engulfing bars are much more on most charts. Also note that the 4th and 5th bars after the 3rd are often false breakouts. There are some materials posted by other rmembers on Master Candle, just use the keyword 'Master Candle' search. regards,
Thank you Emm, I have found that my entries are much better now that I started using them. They have saved me from alot of bad entries, I can't believe it took me this long to incorporate them, I have been using 3 bars, just wasn't sure if that was enough, but I think I'll stick to that and do some searching for more info.
  • #49,071
  • Jan 8, 2015 3:19am Jan 8, 2015 3:19am
Quoting nods80
1st trade of the year gets 120 green. Still room for more but wasn't around to adjust my TP. Currently at 80+ on the demo trade with Emmanuel. {image}
nods80 is back baby.... LOL! Wow...congrats mate!
  • #49,072
  • Jan 8, 2015 3:21am Jan 8, 2015 3:21am
Good morning TMS !

Here´s my third trade this year( still demo ) Ga H4
I took that entry yesterday at the second red bar , the price constrained well onn the 200 Ema before .
Sloppy ( not steep angle ) TDI cross , but the constrainment before gave me the confidence to enter.
Closed it now + 170 , what is a really nice thing for me !
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH4.png 8.1..png Size: 42 KB
Risiko birgt immer auch die Chance.
  • #49,073
  • Jan 8, 2015 3:21am Jan 8, 2015 3:21am
Quoting likica
{quote} hic hic hic... no way i m in long when it s under water even though I could swim but not that super good to go against such move
3rd trade this year all 3 on EA +32 green pips today. Entered on TDI cross M15 and targeted the red pivot line.

Thanks again to everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: EA 8,1,15.png Size: 36 KB
  • #49,074
  • Jan 8, 2015 3:24am Jan 8, 2015 3:24am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 36 KB
  • #49,075
  • Jan 8, 2015 3:26am Jan 8, 2015 3:26am
Multiple entry for eurjpy short as the action candle is too big... add more entry when it retrace upside.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 40 KB
  • #49,076
  • Jan 8, 2015 3:26am Jan 8, 2015 3:26am
Quoting griffinssoul
{quote} nods80 is back baby.... LOL! Wow...congrats mate!
Thanks mate. may it continue. Good work on that Indi you are working on btw.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #49,077
  • Jan 8, 2015 3:29am Jan 8, 2015 3:29am
Quoting Next4467
{quote} 3rd trade this year all 3 on EA +32 green pips today. Entered on TDI cross M15 and targeted the red pivot line. Thanks again to everyone. {image}
well done Next, I have not had any from EA today yet
Appreciation is the key to wealth and happiness
  • #49,078
  • Jan 8, 2015 3:30am Jan 8, 2015 3:30am
Quoting nods80
1st trade of the year gets 120 green. Still room for more but wasn't around to adjust my TP. Currently at 80+ on the demo trade with Emmanuel. {image}

I added on one position when LO and now have a average entry price for both trades.
Running in profit now.
This is D chart trading for those who do no have time to trade during the day because of your full time day job.
You can trade any time of the day when you have access to your trading broker.

Next setup, wait for NYO and manage the open positions.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD EOD trading H1 H4 D upd3.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49,079
  • Jan 8, 2015 3:30am Jan 8, 2015 3:30am
Quoting emmanuel7788
{quote} Hi netfilim, I got the same entry but I was on H4. On H1, there was an earlier setup what I call SYD_2H setup. Hope you don't mind I use your chart posted and made some comments to explain the SYD_2H setup which is one of my H1 trading method use for AUDUSD, AUDJPY and EURJPY during the Asian session. regards, {image}
oww...thank you very much for your explanation emm
will try SYD_2H setup on my next trading to make a perfect entry at asian session
only 100 pips / week
  • #49,080
  • Jan 8, 2015 3:31am Jan 8, 2015 3:31am
Quoting Sesamstrasse
Good morning TMS ! Here´s my third trade this year( still demo ) Ga H4 I took that entry yesterday at the second red bar , the price constrained well onn the 200 Ema before . Sloppy ( not steep angle ) TDI cross , but the constrainment before gave me the confidence to enter. Closed it now + 170 , what is a really nice thing for me ! {image}
nice Ss. Imagine having it on live acct
Appreciation is the key to wealth and happiness
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