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Trading Made Simple

  • #51,481
  • Jan 28, 2015 5:12am Jan 28, 2015 5:12am
Quoting Marin0s
Nice on GA, was a loss for me on H4, but no problem, lessons learned
H4 trading:
You traded against the Weekly candle bias which is bullish and against the D trend which is trending upwards. No reversal seen yet.

Now you can plan a recovery trade to gain back some loss pips.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #51,482
  • Jan 28, 2015 5:14am Jan 28, 2015 5:14am
GBPUSD is running nicely.
Hope some of you go on board that H4 inside bar breakout candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #51,483
  • Jan 28, 2015 5:15am Jan 28, 2015 5:15am
Quoting Vladbold
Omonisha, this is for you! Repeated rejections of a bottom, which has never been broken this week. Also last week's resitance turned support. Good TDI cross. London open. Closed half at +50 and half at +100. Dedicate this trade to Omonisha. {image}

more than nice! Sniper trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #51,484
  • Jan 28, 2015 5:20am Jan 28, 2015 5:20am
BTW, we have FOMC later today NY time and after that Kiwi' RBNZ rate announcement.

So prepare for some volatility in the EURNZD and GBPNZD pairs. I am in buy mode.

Trade safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #51,485
  • Jan 28, 2015 5:27am Jan 28, 2015 5:27am
Quoting emmanuel7788
GBPUSD is running nicely. Hope some of you go on board that H4 inside bar breakout candle.
Hi emmanuel, I saw that but just thought there was a lack of energy in it so stayed out.

Ray
  • #51,486
  • Jan 28, 2015 5:29am Jan 28, 2015 5:29am
Quoting emmanuel7788
{quote} more than nice! Sniper trader.
Means a lot Big Emu, thank you !
  • #51,487
  • Jan 28, 2015 5:35am Jan 28, 2015 5:35am
[Quote = emmanuel7788; 8029242] GBPUSD está correndo bem. Espero que alguns de vocês vão a bordo que H4 dentro vela bar fuga. [/ Quote]
Appears next to a large resistance
  • #51,488
  • Jan 28, 2015 5:48am Jan 28, 2015 5:48am
Quoting Vladbold
Omonisha, this is for you! Repeated rejections of a bottom, which has never been broken this week. Also last week's resitance turned support. Good TDI cross. London open. Closed half at +50 and half at +100. Dedicate this trade to Omonisha. {image}
WOW that is an excellent trade Vladbold. Nice 100
Sad i'm not trying to understand PA
  • #51,489
  • Jan 28, 2015 5:50am Jan 28, 2015 5:50am
Quoting likica
GA long (bounced) +75 green {image}
Super trade likica
Sad i'm not trying to understand PA
  • #51,490
  • Jan 28, 2015 6:08am Jan 28, 2015 6:08am
I am big loser however learning a lot from this thread.
Today I checked weekly candle first time and as per my analysis
If GU continues to move up then it will be against trend so ideally it should go back to .49, thoughts??
  • #51,491
  • Jan 28, 2015 6:24am Jan 28, 2015 6:24am
Hi everyone,

I've been following this thread for quite a while and really love this TMS community, you guys are awesome!

Would appreciate if anyone can help to comment on UJ I enter below, still running though, is it a good entry?

Also for GU, is it too late for entry now?

thanks!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 156 KB
  • #51,492
  • Edited 7:07am Jan 28, 2015 6:46am | Edited 7:07am
Quoting stanvy
Hi everyone, I've been following this thread for quite a while and really love this TMS community, you guys are awesome! Would appreciate if anyone can help to comment on UJ I enter below, still running though, is it a good entry? Also for GU, is it too late for entry now? thanks! {image}
Hi Stanvy, UJ is in consolodation (see daily) Might find a scalp on a 5/15min but personally I would stay clear for now.

GU is hitting resistance.

FOMC statement later is causing things to be a bit slow.

Ray
  • #51,493
  • Jan 28, 2015 6:48am Jan 28, 2015 6:48am
Quoting emmanuel7788
GBPUSD is running nicely. Hope some of you go on board that H4 inside bar breakout candle.
Hi Emm - managed an entry on GU using the DOTS LO levels, for entry and exit. 2 lots - TP1 hit @ 20 pips and TP2 @ 35pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-28_1140_GU_1Hr.png Size: 44 KB
  • #51,494
  • Jan 28, 2015 6:59am Jan 28, 2015 6:59am
Thank you for your knowledge. Special thanks Phx62, Lastingwell, Hanover.
https://charts.mql5.com/6/846/gbpusd...ernational.png
  • #51,495
  • Jan 28, 2015 7:00am Jan 28, 2015 7:00am
Quoting fxray
{quote} Hi Stanvy, UJ is in consolodation (see daily) Might find a scalp on a 5/15min but personally I would stay clear for now. GU is htting resistance. FOMC statement later is causing things to be a bit slow. Ray
thanks fxray, appreciate
  • #51,496
  • Jan 28, 2015 7:07am Jan 28, 2015 7:07am
Hello All

Does the time of the opening of the 4H candles have any bearing on the system.

Mine open at 0600 GMT then every 4H. So they are usually in the middle of a session.

Thank you
  • #51,497
  • Jan 28, 2015 7:15am Jan 28, 2015 7:15am
Quoting mch1970
{quote} Hi Emm - managed an entry on GU using the DOTS LO levels, for entry and exit. 2 lots - TP1 hit @ 20 pips and TP2 @ 35pips. {image}
Your GU H1 Dots levels are different to mine? Did you change the settings? I'm in the UK and my broker is GMT time. Any ideas why?
Attached Image (click to enlarge)
Click to Enlarge Name: GU H1 Q Dots.jpg Size: 161 KB
  • #51,498
  • Jan 28, 2015 7:22am Jan 28, 2015 7:22am
Quoting Bk8
I am big loser however learning a lot from this thread. Today I checked weekly candle first time and as per my analysis If GU continues to move up then it will be against trend so ideally it should go back to .49, thoughts??
Just noticed that GU already -20 pips since I predicted
  • #51,499
  • Jan 28, 2015 7:39am Jan 28, 2015 7:39am
Quoting Shadownet
{quote} Your GU H1 Dots levels are different to mine? Did you change the settings? I'm in the UK and my broker is GMT time. Any ideas why? {image}
Hi Shadownet - my broker has a 2hr GMT offset - so for the session open line, it will show as 10am for the 8am open. I haven't changed any DOTS settings, other than to save each session down as a template Tokyo Open, London open and NY open.
  • #51,500
  • Jan 28, 2015 7:41am Jan 28, 2015 7:41am
Quoting omonisha
{quote} Hi heispark That's IB [ insidebar ] indicator. {file} {file}
Hi Omonisha,

I have a question, also for Emmanuel (he is a master here...) what is the correct way to work with "inside bar"??
How do you interpret them in the bigger picture context of the price action evolution? I mean there are times when they come and signal a continuation of bar evolution, and there are time when they signal reversal.
So what is there correct approach with them. I know this is nothing else than another indicator and should be used along with the rest of tools that you posses in your "tool box", and in the end the context is the one that dictate the final trigger for the trade.
So can some one teach me.

Thx,
Cris
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