Trading Made Simple

Quoting kingdomk

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Hi Sj and Emmanuel Could you guys please explain how you review your trades? Do you guys keep a journal and if so how do you maintain and review it. Your response would be much appreciated Thanks

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Quoting AnToX

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Thanks Zef. What do you think about my three last entries? {image}

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Quoting emmanuel7788

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{quote} Hi kingdomk, Too many of those horizontal lines and stuff on your charts will distract your attention from the real price action. drop that II SupDem stuff it is useless when you the Synergy_Pro ASR and DSR, and these work with the Synergy Pro model. Bredin who is the creator of that II SupDem indicator has a newer version and he does not use the II SupDem anymore. regards,

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Quoting emmanuel7788

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{quote} Hi Kingdomk, Keeping a journal of all trades is an important in this business and to keep it going for long time. I do make screen shots of most trades and keep these in monthly folders. As I have different brokers who are non-MT4, I will export all my trades data and compile them in Excel spreadsheet which allows me to analyse on my own. Also, myFxbook support MT4 and it has some good analysis feature of trades. You can try use their software. regards,

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Quoting emmanuel7788

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{quote} Hi Ryan, Let's look at the D charts both GBPAUD and GBPNZD, we in the 6 APB blue candles and trending nicely. When today candle closes, the stops shold be move to the low of 23 Jan D candle.... that 2 candles look back rule. Both the APB candles still show strength. If the next candle do not move above today high (first sign of consolidation) , I start to look at some exits of my open positions and possible re-entries. I do not use the TDI for technical exit. See my post above where I compare the TDI versions. Let the market decide on your...

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Quoting Bk8

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Hi Emmanual, I have been following your thread for last 3 days after loosing around $2500 In 3 weeks. I like to trade 20 hours 😄 but your strategy really inspired me and I got positive result too when I won 10 times out of 12 but unfortunately I did not stick to your strategy and lost around $400 on gu 😞 today i am still trying to read whole thread but I woukd appreciate if you could let me know the post# where I can find the latest indicator..

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Quoting Ivanyo

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Hi all, Great thread so far - I have just started reading from the beginning (currently on page 40). His there been any significant changes to the template or trading method since? My understanding is that we are using the TDI to generate entry signals in the 4 hour or daily charts, and exiting once the TDI has tweeked or flattened out. My only issue is that I work full time and am only able tot check the 9pm candle (GMT+10) due to being at work all day and also sleeping whilst London and New York is open. Cheers for any input/insight.

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Quoting ryanlum

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{quote} Hey emmanuel, when you say you start looking for your exists, is it purely reversal PA of the candle? Reentries are good, you look for them on the h1 right? lets say this 2 charts start going into consolidation mode.. will you just leave the SL on the consolidation area, and ignore the 2 day back rule until it starts trending again? on the tp, i currently take it by TP at the next big support / resistance level.. not sure if thats good thought, i will trail it with the 2-D back stops that you have taught me yup.. understand now about...

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Quoting kingdomk

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{quote} Thanks Emmanuel. I've got rid of the vertical lines, I just used them to support my reasoning on my open positions but you're right no need for them. Do you know the update to II SupDem indicator? I did find this useful but seems like Omonisha's version is slightly better. I will probably keep that as my predominant supp dem indicator. Thanks for your advice.

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Quoting ladharimoham

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Am I correct ? {image}

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Quoting ladharimoham

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Am I correct ? {image}

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Quoting rupasi

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{quote} Good afternoon Emmanuel, One the H1, the VB is right at the 68 level. Is that why you recommend moving up to a higher chart? Or am I reading this post correctly? A few times I have seen the PA continue significantly past the 68 level. How much of this number should we rely on as an indicator? This of course knowing that all indis must be considered. Thanks!

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Quoting emmanuel7788

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{quote} Hi Ryan, There are different methods to set target profit. One way which I use often is the average traded range for weekly for 4H swing and the average monthly range for D position trading. When market is trending, usually 60% of the average range is easily achieved. Strong trends can exceed 100% of the average traded range. It is difficult to set TP using support and resistance because you need to have a consistent way to define support and resistance. I use the historical price swings level seen on the Monthly charts and trade between...

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