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Trading Made Simple

  • #49,261
  • Jan 9, 2015 2:18am Jan 9, 2015 2:18am
Quoting griffinssoul
{quote} Oh, Big Round Number mate - when the big boys throw money in they just pick a round number ... bang! thats were you see the action... throw up a naked chart with 100pip handles and you will see what i mean
Wow I need to sleep more I think, that was a painfully obvious answer! Thank you Griff!
  • #49,262
  • Jan 9, 2015 2:20am Jan 9, 2015 2:20am
Quoting wyley187
{quote} Wow I need to sleep more I think, that was a painfully obvious answer! Thank you Griff!
No worries - we are getting the head-fake LO...
  • #49,263
  • Jan 9, 2015 2:21am Jan 9, 2015 2:21am
so I entered long gbp/chf@ 1.5370...I'll become concerned if it breaks through the gupps around 1.5345 which alaso coincides with the hourly 200 ma
  • #49,264
  • Jan 9, 2015 2:25am Jan 9, 2015 2:25am
Quoting wyley187
so I entered long gbp/chf@ 1.5370...I'll become concerned if it breaks through the gupps around 1.5345 which alaso coincides with the hourly 200 ma
everything above 5373 is wicks ... PA needs to move over this strong like and show some power... sorry mate dont have guppys or 200ema
  • #49,265
  • Jan 9, 2015 2:36am Jan 9, 2015 2:36am
Quoting griffinssoul
{quote} everything above 5373 is wicks ... PA needs to move over this strong like and show some power... sorry mate dont have guppys or 200ema
yup, hoping for a nice breakout, which may never come...but if it goes could be some nice pips, I unfortunately will have to sit and watch this one awhile
  • #49,266
  • Jan 9, 2015 2:37am Jan 9, 2015 2:37am
Quoting wyley187
{quote} yup, hoping for a nice breakout, which may never come...but if it goes could be some nice pips, I unfortunately will have to sit and watch this one awhile
...we might be coming out of the head-fake?
  • #49,267
  • Jan 9, 2015 2:39am Jan 9, 2015 2:39am
Quoting birdnest
{quote} Thanks Wyley187 for your advice. I was down by 1% of my total loss and that makes it -9%. I am trying hard to play the H4 chart, but I cant seem to get the right setup despite reading through so many posts. I guess its true that out of 10 traders, only 1 makes it in FOREX.
keep practicing Bird, I would maybe suggest going to compassfx and watching some videos there pertaining to the synergy method, which is a little different take than TMS but alot of the same rules are in place. sometimes it's easier to see something in real time for it to make more sense.
  • #49,268
  • Jan 9, 2015 2:40am Jan 9, 2015 2:40am
Quoting griffinssoul
{quote} ...we might be coming out of the head-fake?
I seriously hate the first 15 min of LO, hoping for a good GBP print@ 3:30 my time
  • #49,269
  • Jan 9, 2015 2:42am Jan 9, 2015 2:42am
Quoting wyley187
{quote} keep practicing Bird, I would maybe suggest going to compassfx and watching some videos there pertaining to the synergy method, which is a little different take than TMS but alot of the same rules are in place. sometimes it's easier to see something in real time for it to make more sense.
Well said wyley187 - also do what Big E says - practice (practice, practice) on Demo first. If you can grow your demo account then you will have made the first step...
  • #49,270
  • Jan 9, 2015 3:02am Jan 9, 2015 3:02am
Quoting wyley187
{quote} I seriously hate the first 15 min of LO, hoping for a good GBP print@ 3:30 my time
Looking better now mate - could take some time - low trend angle, its got to break long for some real action - not likely ya think
  • #49,271
  • Jan 9, 2015 3:10am Jan 9, 2015 3:10am
Please share index round numbers as in the diagram. I would be grateful!
Attached Image
  • #49,272
  • Jan 9, 2015 3:13am Jan 9, 2015 3:13am
I went shut on eurgbp overall trend down would have waited for the break of the weekly pivot(0.7808) but got in agrssively to get some pips if it turn out
also went shot on gbpnzd it is a counter trend i am not use to taking counter but i just gave it a try since am a new bie
pls any advice on this trade MY FIRST TARGET FOR TIS IS AT 1.9445 THAT IS 23.6% OF THE FIB LEVEL
  • #49,273
  • Jan 9, 2015 3:17am Jan 9, 2015 3:17am
Quoting toksy
I went shut on eurgbp overall trend down would have waited for the break of the weekly pivot(0.7808) but got in agrssively to get some pips if it turn out also went shot on gbpnzd it is a counter trend i am not use to taking counter but i just gave it a try since am a new bie pls any advice on this trade
hi toksy, actually goin long gbp/nzd would be a counter trend trade, not sure what TF you trade off of but if you look at the daily,4 hr its in a steep downtrend,on the hourly its still in a downtrend with a nice correction up the past couple hours, Im long gbp/chf which is essentianly the same trade as eur/gbp, I prefer the swissy just because it moves a little more, watch the support@ .7805ish for a rejection.....after rereading your post I think you just mistyped short gbp/nzd, my apologies.
  • #49,274
  • Jan 9, 2015 3:29am Jan 9, 2015 3:29am
GU break tokyo high, price above daily open, TDI confirm and got 30 pips...
Attached Image (click to enlarge)
Click to Enlarge Name: scalp_1.png Size: 28 KB
only 100 pips / week
  • #49,275
  • Jan 9, 2015 3:35am Jan 9, 2015 3:35am
Quoting faktmany
Please share index round numbers as in the diagram. I would be grateful! {image}

BN Levels

That's in post#22,389

please make sure to use the parameters settings.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #49,276
  • Jan 9, 2015 3:58am Jan 9, 2015 3:58am
Quoting maxtill
Hi guys! I want to ask all you about something! Can someone give template and all indicators similar with picture what i throwed. Thank you a lot {image}
Hi Maxtill, welcome to TMS and now I know what my PM was all about (from you) (still don't know the reason why I could not open my PM inbox).
It would be nicer if you asked me directly from where you copied the chart instead of asking 'someone'.
If you click on my name, you can have all my files including templates I posted. Of course I am no body to you but since you asked for favours and specially to a lady, pls be gentlement (if you are a gentleman).
Good luck and happy trading!
Appreciation is the key to wealth and happiness
  • #49,277
  • Jan 9, 2015 4:09am Jan 9, 2015 4:09am
Quoting emmanuel7788
{quote} BN Levels That's in post#22,389 please make sure to use the parameters settings.
Thank U
  • #49,278
  • Jan 9, 2015 4:25am Jan 9, 2015 4:25am
Quoting emmanuel7788
{quote} BN Levels That's in post#22,389 please make sure to use the parameters settings.
I used The bn levels indi and i saw that there are s/r levels ? or i am mistaking ?

Can you please clear what this indi does? thank you
If you want to make God laugh, tell him about your plans. Woody Allen
  • #49,279
  • Jan 9, 2015 4:30am Jan 9, 2015 4:30am
Quoting nefilim
GU break tokyo high, price above daily open, TDI confirm and got 30 pips... {image}

Hi nefilim;

I think I'd be more inclined to wait for a Bullish Pullback and then look for Bearish Setups to get me Trading with the Primary Trend.

Trading Counter Trend is great when it works but far more risky.

I find it more profitable to look for Areas where there is a good chance of seeing Signals that will get us Trading with the primary Trend
Attached Image (click to enlarge)
Click to Enlarge Name: 9th Jan 15 GBP:USD H1 Chart.png Size: 94 KB
  • #49,280
  • Jan 9, 2015 4:35am Jan 9, 2015 4:35am
Quoting shabba
{quote} I used The bn levels indi and i saw that there are s/r levels ? or i am mistaking ? Can you please clear what this indi does? thank you

Hi shabba;

The indie has a lot of different levels that you can set, you need to select the ones you want the 00 50 numbers are best.

You can also select different line styles and colours
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