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Trading Made Simple

  • #49,741
  • Jan 14, 2015 8:02am Jan 14, 2015 8:02am
another 50green from GU long with good angle...( was a bit late)
Attached Image (click to enlarge)
Click to Enlarge Name: 14.1.15 GU M30 long @8A EST +60.png Size: 42 KB
Appreciation is the key to wealth and happiness
  • #49,742
  • Jan 14, 2015 8:02am Jan 14, 2015 8:02am
Quoting stevepatt
{quote} Hi sj; What you are saying here reflects someone who is confident that what they are Trading works. Everyone should be striving to get to this level of Trading and it only comes when you know what to expect from the Method you are Trading. You don't worry about a run of losers because you know Long Term the method you Trade has a winning Edge. It's only when you get to this Level of Trading that you can move on with your Trading education to concentrate more on getting the most from the Trades you take.
Steve,

Thank you...
Currently I'm at a loss! But their are a lot of levels
for price to get through before it hit's my stop loss.
Anything can & will happen but the levels are pretty strong!
I have the discipline to watch it "thrash" around...
sj
  • #49,743
  • Jan 14, 2015 8:04am Jan 14, 2015 8:04am
Quoting WDays
Seeing as I can't sleep at night for some reason, I'm forced to look for pips in the NY session. Trade taken on the m15... I can only hope it hits target before it decides to pullback {image}
nice angle WDays
Appreciation is the key to wealth and happiness
  • #49,744
  • Jan 14, 2015 8:05am Jan 14, 2015 8:05am
Quoting likica
{quote} nice angle WDays
Thanks lik, awesome trading yourself
  • #49,745
  • Jan 14, 2015 8:06am Jan 14, 2015 8:06am
Quoting likica
another 50green from GU long with good angle...( was a bit late) {image}
Likica,

Sure...I should have known
I had to laugh...Congrat's!
sj
  • #49,746
  • Jan 14, 2015 8:14am Jan 14, 2015 8:14am
My three losses (eur/usd, gbp/usd, aud/usd).

I have my stop placed above the s/r levels on the 4 hour chart.
What I do is "set & forget" and I'll grind it out. Price will either
go through the levels & take me out or it will reverse and move
back down to my target.

What I won't do is panic & do something stupid like liquidating
out at a loss. Sometimes you just have to grind it out! I
don't know what to say...try to learn from this

sj
  • #49,747
  • Edited 8:45am Jan 14, 2015 8:22am | Edited 8:45am
Quoting toksy
Hello likica i love your trading style and will like you to please share.when you get a signal in 4hr do you move to 30mins .if the the apb bars are below the guppy this in a down trend you move to 30mins chart do you still take the trade even when the 30min apb is above guppy or do you wait to enter when the apb bars are below guppy in 30min
You know this sort of question (H4) made me dizzy, but that s another good way to scale down and enter on M30.

As everyone here know I am scalper on M30 (for fx) and M15/m5 (oil), if I see a set up on M30 (a tdi cross at s/r, good angle, etc.) I then put all 3 charts up (H4, H1, M30) to see if there s any conflicts (facing guppy, 200ma, pin, etc). I normally don't like fighting with guppy ( my bodyguard ) so mostly I pass signals that face guppy on any TF (no room to move no good). Some exceptions should be @ strong S/R and good tdi angle, and remember to look left to see how PA has been doing recently. Keep following my post with charts and you will see I pay my attentions to PA seriously.
Anyway, I try to keep things simple with my bodyguard to have less stress
*Note that I don't wait for H4 to signal.
Appreciation is the key to wealth and happiness
  • #49,748
  • Edited 9:12am Jan 14, 2015 8:53am | Edited 9:12am
Griffinssoul, Likica & Snarlyjack
Thank you very much for nice words! Nice to see you here making pips again and again!

Likica, special words for you... You're doing really amazing. Keep going, i love to watch this art!
  • #49,749
  • Jan 14, 2015 8:55am Jan 14, 2015 8:55am
Quoting snarlyjack
My three losses (eur/usd, gbp/usd, aud/usd). I have my stop placed above the s/r levels on the 4 hour chart. What I do is "set & forget" and I'll grind it out. Price will either go through the levels & take me out or it will reverse and move back down to my target. What I won't do is panic & do something stupid like liquidating out at a loss. Sometimes you just have to grind it out! I don't know what to say...try to learn from this sj

Hi sj;

You where unlucky with the Red USD news, which came out at 1.30pm GMT, it was this that had a negative effect on your trades.

I'm also starting to look at a "set & forget" plan for my Trading also.
  • #49,750
  • Jan 14, 2015 9:06am Jan 14, 2015 9:06am
Quoting WDays
Seeing as I can't sleep at night for some reason, I'm forced to look for pips in the NY session. Trade taken on the m15... I can only hope it hits target before it decides to pullback {image}
Taken out at b/e, not my day today. I'm to blame though because I should have entered at the open of the previous candle, I was 15 minutes late and it made me miss 50 pips.
  • #49,751
  • Jan 14, 2015 9:09am Jan 14, 2015 9:09am
Quoting stevepatt
{quote} Hi sj; You where unlucky with the Red USD news, which came out at 1.30pm GMT, it was this that had a negative effect on your trades. I'm also starting to look at a "set & forget" plan for my Trading also.
Steve,

Bad news coming out of the USA. Retail sales way down (disaster).
Dow is currently down 210 points. Economy is slowing...

Good news, my trades are coming off the losses. Not at
break even yet but getting better. I see pin-bars on the 1 hour charts.
The next couple of hours should be interesting.

By using the set & forget strategy. I did not take any large losses
& I'm getting close to break even (not quite yet but getting their).
I really like set & forget. I can wait it out! Prices thrash around a lot...

sj
  • #49,752
  • Jan 14, 2015 9:15am Jan 14, 2015 9:15am
Quoting snarlyjack
My three losses (eur/usd, gbp/usd, aud/usd). I have my stop placed above the s/r levels on the 4 hour chart. What I do is "set & forget" and I'll grind it out. Price will either go through the levels & take me out or it will reverse and move back down to my target. What I won't do is panic & do something stupid like liquidating out at a loss. Sometimes you just have to grind it out! I don't know what to say...try to learn from this sj
I need to learn from you this part of psychology Sj. still crying occassionally tho

Quoting toledoFX
Griffinssoul, Likica & Snarlyjack Thank you very much for nice words! Nice to see you here making pips again and again! Likica, special words for you... You're doing really amazing. Keep going, i love to watch this art!
Thanks for your encouragement TD.
Appreciation is the key to wealth and happiness
  • #49,753
  • Jan 14, 2015 9:21am Jan 14, 2015 9:21am
Quoting likica
{quote} I need to learn from you this part of psychology Sj. still crying occassionally tho {quote} Thanks for your encouragement TD.
Likica,

This video is for all the new traders here who have
not seen this yet... This is a excellent video
I hope you enjoy it!
sj

Inserted Video
  • #49,754
  • Jan 14, 2015 9:22am Jan 14, 2015 9:22am
Quoting WDays
{quote} Taken out at b/e, not my day today. I'm to blame though because I should have entered at the open of the previous candle, I was 15 minutes late and it made me miss 50 pips.
You were right for entry WD ( IMO) just that AU does not normally have big move like GU and I would not trade into Daily Open Line (DOL), if good angle I would have my PT just few pips below DOL to be safe (IMO again)
Appreciation is the key to wealth and happiness
  • #49,755
  • Jan 14, 2015 9:27am Jan 14, 2015 9:27am
Quoting snarlyjack
{quote} Likica, This video is for all the new traders here who have not seen this yet... This is a excellent video I hope you enjoy it! sj https://www.youtube.com/watch?v=pKpTSZIIS9k
SJ, I can't open it (blocked for copyright)
Appreciation is the key to wealth and happiness
  • #49,756
  • Jan 14, 2015 9:32am Jan 14, 2015 9:32am
Quoting likica
{quote} SJ, I can't open it (blocked for copyright)
Likica,

Try this one...
If not go to the internet and look for:
"The Secret, Law of attraction" full movie.
It is excellent!

Inserted Video
  • #49,757
  • Jan 14, 2015 9:39am Jan 14, 2015 9:39am
Quoting likica
{quote} You were right for entry WD ( IMO) just that AU does not normally have big move like GU and I would not trade into Daily Open Line (DOL), if good angle I would have my PT just few pips below DOL to be safe (IMO again)
I had my target set below an h1 supply area I was expecting a pullback, just thought it would slide a dozen more pips (to my TP) before it did it. My SL barely got scratched in the end, but it was enough to take me out.

You are right though, moves are much smaller for AU than they are for let's say EA, hence the 50 pip target I also counted on the news a lot tbh... Was a bit of a gamble.
  • #49,758
  • Jan 14, 2015 9:53am Jan 14, 2015 9:53am
Quoting lorbax
{quote} I knew you had taken it too .... I only squeezed a +25 out of it but ok, got in late ... have a nice day!
well buddy, you kow that I follow this pair, and hunts it down at LO or Asian, since I missed the Asian, I was ready for the reversal with the ABCD completion

Quoting griffinssoul
{quote} Hey TSS - looks great to me mate ... +90 big green pips ... LOL ... congrats buddy
Thanks a lot, well do it one more time


Quoting likica
{quote} out of all not best, your green pips is very best. I bet you were hunting on M5 for entries
Actually, I was busy following GJ at LO to short, but then didnt see a valid entry at LO, so I switched to EA and in a second PA was already sink down, so I was at a recent support, now I just waited a bit more to see if last low is broken and went from there, have a look at the M15 chart and last blue reversal candle that was broken and validate my entry , so I was watching this support and once it got broken, I went short and then added to the trade
Attached Image (click to enlarge)
Click to Enlarge Name: EA_H1.jpg Size: 320 KB
I Have Learned to Take Some Losses to Make Profits
  • #49,759
  • Jan 14, 2015 10:32am Jan 14, 2015 10:32am
Missed the GA & EA moves this morning even though they happened in my compatible trading hours.
Managed to get GA countertrend sell for 29 pips...Better than loosing

Attached Image (click to enlarge)
Click to Enlarge Name: 150115 SEll Trade.png Size: 175 KB


Kindest Regards
  • #49,760
  • Jan 14, 2015 10:45am Jan 14, 2015 10:45am
Quoting TheScorpS
{quote} well buddy, you kow that I follow this pair, and hunts it down at LO or Asian, since I missed the Asian, I was ready for the reversal with the ABCD completion {quote} Thanks a lot, well do it one more time {quote} Actually, I was busy following GJ at LO to short, but then didnt see a valid entry at LO, so I switched to EA and in a second PA was already sink down, so I was at a recent support, now I just waited a bit more to see if last low is broken and went from there, have a look at the M15 chart and last blue reversal candle...


Hey TheScorpS,

Do you have a template for this last post? I like that setup.

Thanks,

Wyoming
Knowlti
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