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Trading Made Simple

  • #50,381
  • Jan 20, 2015 1:05am Jan 20, 2015 1:05am
Quoting montego
{quote} Emmanuel thanks for the great charts and your teachings, they are a great help to people learning like myself I am now going to ask a stupid question but I genuinely don't know the answer to this when you say trade away from the day open do you mean - 1/say your trading the London open, when the London opens at 8am gmt -is that is the day open line ? 2/ midnight London gmt time ?
Hi montego,

My Day Open is Sydney Open GMT0600 now I migrated to server time GMT+2.
You need to see the Day chart and the hour for start of day.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #50,382
  • Jan 20, 2015 1:05am Jan 20, 2015 1:05am
Quoting emmanuel7788
{quote} {quote} 'guppy' generally refers to Daryl Guppy' use of Multiple Moving Averages also known as GMMA in short. Google 'Daryl Guppy' and you will find him. I don't use that GMMA anymore but I know from past experience that GMMA has its own unique features to interpret price bahaviour. I use a 50EMA which is one of the moving average in the GMMA Long. http://www.forexfactory.com/showthre...15#post7954315
thank you so much for your explanation emmanuel now i understand and maybe its better for me not using more indicator cause my chart is already crowded
  • #50,383
  • Jan 20, 2015 1:11am Jan 20, 2015 1:11am
Quoting snarlyjack
{quote} Emmanuel, I like your rules! Does this work on the 4 hour & daily chart set-ups? Especially the daily, can you trade in the direction of the prior daily candle with pretty good success? Thanks. sj

Hi SJ,

the Day Open line on H4 chart will enable me to see the 6 x H4 candles of any day.
therefore when we trade away from the Day Open and with a view of the PAC and TDI, that is a good visual help.

On D charts, the higher TF Weekly open will work too.

DOTS was develop around this trade away from the open. That can be day open, session open, etc.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #50,384
  • Jan 20, 2015 1:14am Jan 20, 2015 1:14am
Quoting emmanuel7788
{quote} Hi SJ, the Day Open line on H4 chart will enable me to see the 6 x H4 candles of any day. therefore when we trade away from the Day Open and with a view of the PAC and TDI, that is a good visual help. On D charts, the higher TF Weekly open will work too. DOTS was develop around this trade away from the open. That can be day open, session open, etc. regards,
Hey emmanuel,

I trade mostly the daily time frame as my job keeps me very occupied.. would you be able to share abit more on the trade away from weekly open day?

do we take the weekly on monday as the benchmark not to trade there or something?
  • #50,385
  • Jan 20, 2015 1:15am Jan 20, 2015 1:15am
Quoting vayzardos
{quote} thank you so much for your explanation emmanuel now i understand and maybe its better for me not using more indicator cause my chart is already crowded

Don't let me discourage you from using the GMMA. There are many tutorial videos on how the GMMA work with the Synergy trading model by Dean Malone a professional trader.
You can learn that and once you have found your own way using that and you add your own money management strategy to make it your own system you will be profitable.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #50,386
  • Jan 20, 2015 1:51am Jan 20, 2015 1:51am
Quoting ryanlum
{quote} Hey emmanuel, I trade mostly the daily time frame as my job keeps me very occupied.. would you be able to share abit more on the trade away from weekly open day? do we take the weekly on monday as the benchmark not to trade there or something?

Hi Ryan,

To trade this way, you need to know some basic candlestick or bar patterns.

Here is an example how I read my H4 chart. You must be able to see the Monday open and the Friday close, and see what the candle/bar pattern is.
Below is s simple example when we have a Hammer of inverted Pin Bar weekly candle.
In the following week, we trade the Weekly Hammer (inverted Pin Bar). We look for the TMS type of setup on H4, using the Synergy_pro TDi and the Synergy_Pro APB which has the PAC build-in it. We trade away from the new week open line.

Attached Image (click to enlarge)
Click to Enlarge Name: Week open example.png Size: 72 KB



regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #50,387
  • Jan 20, 2015 1:57am Jan 20, 2015 1:57am
Quoting mary4x
{quote} Does "trade away from" mean in the opposite direction from the Day Open?

No.
We trade in the direction of the previous Day candle price action.
Put the Day Open indicator on your chart and look at the H1 chart.
Look at the previous Day open and close on H1 chart to read the D candle pattern.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #50,388
  • Jan 20, 2015 2:03am Jan 20, 2015 2:03am
Quoting emmanuel7788
{quote} Hi Ryan, To trade this way, you need to know some basic candlestick or bar patterns. Here is an example how I read my H4 chart. You must be able to see the Monday open and the Friday close, and see what the candle/bar pattern is. Below is s simple example when we have a Hammer of inverted Pin Bar weekly candle. In the following week, we trade the Weekly Hammer (inverted Pin Bar). We look for the TMS type of setup on H4, using the Synergy_pro TDi and the Synergy_Pro APB which has the PAC build-in it. We trade away from the new week open line....
thanks emmanuel, just to confirm, when you say weekly open.. do you mean the open at asian session and close at the US session?
  • #50,389
  • Jan 20, 2015 2:51am Jan 20, 2015 2:51am
[QUOTE = vayzardos; 8007761] im em longo G / U e curta A / U {imagem} [/ quote]
Hello mate, you can post this indicator?
Thank U
Attached Image (click to enlarge)
Click to Enlarge Name: Capturar.PNG Size: 248 KB
  • #50,390
  • Jan 20, 2015 3:11am Jan 20, 2015 3:11am
Hi all
Just spotted this on EA H4, i dont usually trade H4 so any advise would be greatly appreciated.
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: EA H4 20,1,15.png Size: 61 KB
  • #50,391
  • Jan 20, 2015 3:12am Jan 20, 2015 3:12am
Quoting macdh4
[QUOTE = vayzardos; 8007761] im em longo G / U e curta A / U {imagem} [/ quote] Hello mate, you can post this indicator? Thank U {image}
HERE YOU GO MATE
Attached File(s)
File Type: ex4 TMS_Angleator - Copy.ex4   14 KB | 277 downloads
File Type: mq4 TMS_Angleator - Copy.mq4   12 KB | 300 downloads
  • #50,392
  • Jan 20, 2015 3:14am Jan 20, 2015 3:14am
Quoting Next4467
Hi all Just spotted this on EA H4, i dont usually trade H4 so any advise would be greatly appreciated. Thanks {image}
better wait for the next candle cause the crossing is not yet complete and can still change direction...1 more hour to new candle...if it cross clean and direction to 4-6 clock then maybe you can trade it...any other opinion guys?senior member?
  • #50,393
  • Jan 20, 2015 3:17am Jan 20, 2015 3:17am
Quoting Next4467
Hi all Just spotted this on EA H4, i dont usually trade H4 so any advise would be greatly appreciated. Thanks {image}
Volatility is low, don't know how that can turn, I would also wait for the next candle.

Besides that, be careful with trading EUR today, ZEW is expected today (high impact)
Had to be me. Someone else might have gotten it wrong.
  • #50,394
  • Jan 20, 2015 3:24am Jan 20, 2015 3:24am
Moved to BE when it reached the trendline +100
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH120-01.png Size: 36 KB
  • #50,395
  • Jan 20, 2015 3:27am Jan 20, 2015 3:27am
Quoting lastingwell
Moved to BE when it reached the trendline +100 {image}

Damn it.... I missed that one.

Good for you though.
  • #50,396
  • Jan 20, 2015 3:28am Jan 20, 2015 3:28am
Quoting lastingwell
Moved to BE when it reached the trendline +100 {image}
Superb trading LW
Sad i'm not trying to understand PA
  • #50,397
  • Jan 20, 2015 3:40am Jan 20, 2015 3:40am
GN LONG
Attached Image (click to enlarge)
Click to Enlarge Name: gn.png Size: 29 KB
  • #50,398
  • Jan 20, 2015 3:41am Jan 20, 2015 3:41am
Quoting macdh4
[QUOTE = vayzardos; 8007761] im em longo G / U e curta A / U {imagem} [/ quote] Hello mate, you can post this indicator? Thank U {image}
pls can u post the indicator below stochastic. thank u
  • #50,399
  • Jan 20, 2015 3:46am Jan 20, 2015 3:46am
Heads up....

EURO red news event in 15 minutes.
  • #50,400
  • Jan 20, 2015 3:51am Jan 20, 2015 3:51am
Quoting vayzardos
im on long G/U and short A/U {image}
pls can u post the indicator below the stochastic
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