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Trading Made Simple

  • #51,441
  • Jan 28, 2015 1:27am Jan 28, 2015 1:27am
hi emma i need indicator breakout like inside bar ane master candle
  • #51,442
  • Jan 28, 2015 1:38am Jan 28, 2015 1:38am
Just took a short entry on 4H GA. Yesterday I closed a buy position in profit. Position is against trend (guppies, EMA200) but;
Price reached resistance on 4H chart. I am expecting it will go down a little bit further to Guppies. Daily is showing an uptrend but price reached last swing high on daily (mid December). Got rejected last night during Asian session; will see where it goes!

4 Hour:
Attached Image (click to enlarge)
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Daily:
Attached Image (click to enlarge)
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  • #51,443
  • Jan 28, 2015 2:25am Jan 28, 2015 2:25am
Firsts losers of the day, seems I'm going to lose my profits from the other day.

Can anybody explain why this was a loser?

EUSTX50 H4

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I waited to the candle to close above the PAC, guppy was UP, DOTS signal was buy, PA was ok (to my understanding), and TDI was about to cross. I made other two entries with this criteria, and also are losers.

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The following is not closed, but I'm going to close it before it hits SL, it's clear I made the wrong decision. I entered on the open of the candle that in the end, turned to be a doji.
USD/JPY 4H
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What did I do wrong, and how should I filter these trades? Thank you very much in advance
Had to be me. Someone else might have gotten it wrong.
  • #51,444
  • Jan 28, 2015 2:41am Jan 28, 2015 2:41am
Quoting mordin
Firsts losers of the day, seems I'm going to lose my profits from the other day. Can anybody explain why this was a loser? EUSTX50 H4 {image} I waited to the candle to close above the PAC, guppy was UP, DOTS signal was buy, PA was ok (to my understanding), and TDI was about to cross. I made other two entries with this criteria, and also are losers. {image} The following is not closed, but I'm going to close it before it hits SL, it's clear I made the wrong decision. I entered on the open of the candle that in the end, turned to be a doji. USD/JPY...
Mordin,

I'm assuming you've also entered a buy position on the UK indice.
From my newbie angle, you entered on candle 3 or 4. Big E wrote clearly in the pdf to enter only on candle 1 or 2 breakaway, and even if entering on candle 2, should be done on the first half of the candle as he was observing most momentum being lost during hour 3 and 4 of the H4 candle.

I also haven't seen too many trades on indices here using the TDI. I've seen some oil trades but not too many indices.
Best regards, Zef
  • #51,445
  • Jan 28, 2015 2:46am Jan 28, 2015 2:46am
is there also a GMMA indi, what you recommend?
I use a few individual objects on my charts ... where I can not use templates
Regards
  • #51,446
  • Jan 28, 2015 2:58am Jan 28, 2015 2:58am
Quoting mordin
Firsts losers of the day, seems I'm going to lose my profits from the other day. Can anybody explain why this was a loser? EUSTX50 H4 {image} I waited to the candle to close above the PAC, guppy was UP, DOTS signal was buy, PA was ok (to my understanding), and TDI was about to cross. I made other two entries with this criteria, and also are losers. {image} The following is not closed, but I'm going to close it before it hits SL, it's clear I made the wrong decision. I entered on the open of the candle that in the end, turned to be a doji. USD/JPY...
Hi mordin, the UJ is in consoladation at the moment - Daily guppies falt, 4hr & 1hr guppies tied up. All the MBL's are drifting down so i would be biased towards selling on the 1hr chart. However, it's all a bit too tight. Scalpers might do ok on a lower TF
Ray
  • #51,447
  • Jan 28, 2015 3:01am Jan 28, 2015 3:01am
Quoting omonisha
{quote} Thanks a lot Sesamstrasse. Didn't know about January. Much appreciate Many green pips to you too
The same thing happens normally twice a year..
Middle december to middle/end of january and middleof july to end of august .
During the holiday season , also some of the institutionals are off, that s the point why it´s less money in the market
and some " usually reached targets " get not reached..
The second important thing is :
As later in a week , a month or in a year the trend is forming , as better is the trend clear to see.

I´m sure you ll handle it .. you´re ding really well .
Guido
Risiko birgt immer auch die Chance.
  • #51,448
  • Jan 28, 2015 3:03am Jan 28, 2015 3:03am
Quoting fulltilt
is there also a GMMA indi, what you recommend? I use a few individual objects on my charts ... where I can not use templates
Hi fulltilt - Guppies are a series of ema's set to close @ 30, 35, 40, 45, 50 & 60

Ray
  • #51,449
  • Jan 28, 2015 3:18am Jan 28, 2015 3:18am
Just took this one on the 1H. Hopping for a 300 pip T/P
Fingers crossed!

Best regards,
Bogdan
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  • #51,450
  • Jan 28, 2015 3:23am Jan 28, 2015 3:23am
Jump on the EU 1HR Short. Moving Slow. TDI is becoming Flat. Let's see where it goes.
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Positive anything is better than negative thinking.- Elbert Hubbard
  • #51,451
  • Jan 28, 2015 3:23am Jan 28, 2015 3:23am
Quoting db2029
Just took this one on the 1H. Hopping for a 300 pip T/P Fingers crossed! Best regards, Bogdan {image}
Looks Good.
Positive anything is better than negative thinking.- Elbert Hubbard
  • #51,452
  • Jan 28, 2015 3:25am Jan 28, 2015 3:25am
Quoting db2029
Just took this one on the 1H. Hopping for a 300 pip T/P Fingers crossed! Best regards, Bogdan {image}
@Bogdan I'm on the train as well. Let's do this
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Best regards, Zef
  • #51,453
  • Jan 28, 2015 3:28am Jan 28, 2015 3:28am
Quoting ZeF
{quote} @Bogdan I'm on the train as well. Let's do this {image}
Get your wheelbarrow ready, ZeF! )
  • #51,454
  • Jan 28, 2015 3:35am Jan 28, 2015 3:35am
Quoting db2029
{quote} Get your wheelbarrow ready, ZeF! )
I'm entering again with a sell on the next H4 candle on the UJ until 14:00 GMT if the TDI produces an angle. It seems to be breaking free of the PAC.
Best regards, Zef
  • #51,455
  • Jan 28, 2015 3:43am Jan 28, 2015 3:43am
Quoting ZeF
{quote} I'm entering again with a sell on the next H4 candle on the UJ until 14:00 GMT if the TDI produces an angle. It seems to be breaking free of the PAC.
Be careful of the rage on UJ
Attached Image (click to enlarge)
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  • #51,456
  • Jan 28, 2015 3:49am Jan 28, 2015 3:49am
Quoting ZeF
{quote} Mordin, I'm assuming you've also entered a buy position on the UK indice. From my newbie angle, you entered on candle 3 or 4. Big E wrote clearly in the pdf to enter only on candle 1 or 2 breakaway, and even if entering on candle 2, should be done on the first half of the candle as he was observing most momentum being lost during hour 3 and 4 of the H4 candle. I also haven't seen too many trades on indices here using the TDI. I've seen some oil trades but not too many indices.
Thank you for your answer, I saw that I was entering on the third candle, but the first two were under the pac, so I thought I should wait to be over the pac, I didn't want to rush on the cross, because I did that in other trades and they turned losers. Thanks again for your answer!
Had to be me. Someone else might have gotten it wrong.
  • #51,457
  • Jan 28, 2015 3:50am Jan 28, 2015 3:50am
Quoting db2029
{quote} Be careful of the rage on UJ {image}

Yes, that is in narrow range.
Better seen in D chart with the Master Candle.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY D chart view MC.png Size: 52 KB


It is not so simple rules like "...H4 TDI is up", "...D TDI is up". Simple rules and simple words don't work all the time. Trading PA jargon works.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #51,458
  • Jan 28, 2015 3:54am Jan 28, 2015 3:54am
Quoting ZeF
{quote} @Bogdan I'm on the train as well. Let's do this {image}

http://www.forexfactory.com/attachme...1&d=1422437130

Be careful with small candles and narrow TDI VB.
H4 TDI is UP, D TDI is also UP.
Previous D candle is bullish.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #51,459
  • Jan 28, 2015 3:59am Jan 28, 2015 3:59am
Quoting emmanuel7788
{quote} {image} Be careful with small candles and narrow TDI VB. H4 TDI is UP, D TDI is also UP. Previous D candle is bullish.
I'm expecting some ranging, with some ups and downs, and hoping for the best!

Thank you Emmanuel for the heads up!

Best regards,
Bogdan
  • #51,460
  • Jan 28, 2015 4:01am Jan 28, 2015 4:01am
Quoting emmanuel7788
{quote} {image} Be careful with small candles and narrow TDI VB. H4 TDI is UP, D TDI is also UP. Previous D candle is bullish.
Emmanuel,
The Angleator was showing H1 and H4 down and D1 up (clear in image) for the H1 entry. All parameters were good except this main trend (should have given it more weight? ). Now H4 candle is just a wick, entering the next H4 is no longer an option.
Best regards, Zef
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