Trading Made Simple

Quoting ZeF

Disliked

{quote} SJ, Your observations make so much sense. Looking at the daily/H4 charts, I see why the H1 setup is a no-go and resisting. Overall trend down and a H1 candle ain't breaking that. {quote} Ray, A look at the bigger picture - H4 or daily shows institutions right on top of the shorting situation. They got things in control and going against would have been self-hurting. But the candle warned us even on the H1 chart narrow view - by failing to break resistance.

Ignored

Quoting snarlyjack

Disliked

Here is a training chart for you. The gbp/usd (daily chart). (It's not ready for a entry yet!) I'm looking for the gbp/usd to roll over & get back in line with the long term trend. Their is a ton of resistance by the institutions. You have s/r lines & the guppy's on top of the price. It is going to be very difficult for price to break through all of these levels. These are the kind of signs that I watch for... I'm a patient trader & I'll watch it until it's ready for a short position. sj {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} {image} Hi faktmany, I see you use the TDI Red Green and that TDI angle was very steep down. That sometimes do not work out when we trade the APB#1 and APB#2 candles. On your chart, the TDI Red is very steep upwards and touching the MBL which is flat. That tells you the next higher TF TDI. Anyway, I prefer to use the Synergy_Pro_TDI and Synergy_Pro_APB which has its PAC build in it. The APB colour and PAC will keep us out of those aggressive entry using APB#1 and APB#2. Anyway, I am look at a possible sell when the intra-week retracement...

Ignored

Quoting snarlyjack

Disliked

{quote} Zef, Think of it this way... The daily chart is the king. The 4 hour chart is the queen. The 1 hour chart is the prince/princess. Their are some traders here who are very good and can trade the short time frames very successfully. But they know exactly what they are doing sj

Ignored

Quoting ZeF

Disliked

{quote} SJ, Thanks for posting. IMHO it's not ready but it's getting there. Institutions are not even blinking up, 200 EMA is robust and the candle leaving the PAC heading down seems just a question of time. Question: Are you not worried by the lack of moving space (oversold situation around the 32 line) and resistance right below 1.5 level ? Looking at the chart, trend will come down again barring red news. Question is, would there be enough volatility there so we can squeeze something out of it ?

Ignored

Quoting MoneyMikeFx

Disliked

went short on U/J this morning closed it at TDI flat for +37 Love this trading method!!!

Ignored

Quoting likica

Disliked

my scalp trades on M30 for +30 green each {image}

Ignored

Quoting omonisha

Disliked

EURAUD-H1 {image}

Ignored

Quoting omonisha

Disliked

EURAUD-H1 {image}

Ignored

Quoting snarlyjack

Disliked

{quote} Likica, Before I go eat breakfast... You might be the best trader here! It's fun to watch your trades & how you work it Congrat's.. sj

Ignored

Quoting emmanuel7788

Disliked

{quote} Hi Ryan, I don't have a good money management strategy but I have a tested and proven one which I use for many years. It is combination of money management and entry and exit strategy for use in D chart position trading. On Day charts position trading, we believe that each price swing will run between 3 to 8 candles, so we want to capture those swings moves on D charts. - use position building when there is a trend reversal - use multiple entries and multiple exits during the established trend - use re-entry after intraday retracements /...

Ignored

Quoting snarlyjack

Disliked

{quote} Omonisha, Our other great trader! It's fun watching you guy's work it Congrat's... sj

Ignored

Quoting likica

Disliked

{quote} who was that? u again . Congrats OS {quote} I appreciated your encouragement SJ. Thanks for being here with us. Enjoy your breakfast.

Ignored

Quoting likica

Disliked

I need to learn to stay in longer for this sort of set up which was bounced off guppy + 200ma (blue line) + DOL (light blue) + Weekly support (green line) I bagged only +50 green as normal while it has reached +130 from my entry. Same set up with GU with same outcome {image} {image}

Ignored

Quoting snarlyjack

Disliked

Zef, Here is a picture of the gbp/usd weekly chart. We can look at this & go hmmm... sj {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} Hi Ryan, I don't have a good money management strategy but I have a tested and proven one which I use for many years. It is combination of money management and entry and exit strategy for use in D chart position trading. On Day charts position trading, we believe that each price swing will run between 3 to 8 candles, so we want to capture those swings moves on D charts. - use position building when there is a trend reversal - use multiple entries and multiple exits during the established trend - use re-entry after intraday retracements /...

Ignored

Quoting ZeF

Disliked

{quote} likica, Thanks for posting this. As far as I can judge from it, all the indicators (away DO, away PAC, away EMA200, away Institutions) aligned with the Angleator's 3x green trend, the H1 chart was screaming for you to get in and collect the pips. Which is exactly what you did.

Ignored