Trading Made Simple

Quoting emmanuel7788

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GBPUSD: we have a new month and the previous MN was bearish. W1 starts to look sideways, so I will wait and see what this week's price bar and APB candle will be like before I start any new position trades. The D1 chart shows two levels where PA can re-test, then possible breakout in the following days or week. Remember to look at price swing high and low, look for the confirm swing high and low with the TMS Setup using the APB and TDI rules. You need do your SWOT analysis for every trade setup and to mitigate the risks you see when you trade. SWOT=...

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Quoting emmanuel7788

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{quote} {image} Your EURAUD H4 chart above show a swing high in a bullish week. That H4 swing high price bar/candle is also the D swing high. When you look at the D chart, I won't go short unless I see the D chart swing high price bar being taken out. Trade H4 when both the W1 and D1 are in synergy. {image} regards,

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Quoting birdnest

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{quote} I went in for buy position on the D chart for both EURAUD and EURNZD, but I realized I am caught in a consolidation now.....

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Quoting emmanuel7788

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{quote} {quote} Hi, TMS is trading with PA and supp/res (post#261). It is not naked price action trading without any indicators. Just keep things simple and use a few common PA price bars patterns which you can trade with the APB and the TDI. There have been many requests that I start another thread but my answer is the same, I just don't have any time to do that. If you have questions on PA and how it is used to trade with TMS, please post and ask here and that will benefit more people here. regards,

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Quoting emmanuel7788

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{quote} {image} Your EURAUD H4 chart above show a swing high in a bullish week. That H4 swing high price bar/candle is also the D swing high. When you look at the D chart, I won't go short unless I see the D chart swing high price bar being taken out. Trade H4 when both the W1 and D1 are in synergy. {image} regards,

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Quoting malaique

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{quote} Hi Emmanuel, I am new to this thread and noticed you mentioned the D Charts in several of your posts. Can you give me some more details about D charts. Thanks.

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Quoting MrAussieFX

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Anyone watching GJ...Monthly candle started very strong RED and Daily sitting on 200EMA and been sideways since Jan'15 and bouncing between RN's, Guppy, PAC and 200 EMA. With the Guppy Crossover on daily and Strong TDI (MBL slope down and below 50, Green and Red below 50 aswell) I'll be looking for some good Sell opportunities in following days. {image} This is IF...THEN Process and we should have a contingency plan if our current trading plan doesn't work. I'm open to comments. Kindest Regards

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Quoting sknight1

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{quote} Must be after the 10 inches of snow that we just got here in the Midwest US. Heads up, it's coming at 'cha !!!

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Quoting redcloudxlll

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{quote} I don't want to shovel!!! haha.

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Quoting snarlyjack

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{quote} MrAussiefx, On the daily it's trapped between the guppy's & ema 200. Lot's of shadows and s/r levels. Check out the 4 hour chart...it just went into a buy signal. sj {image}

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Quoting MrAussieFX

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{quote} Thanks SJ, Appreciate your feedback. Just looking closely and studying a little more I've found that GJ made a triple bottom, to some eyes these patterns jump out naturally but I'm still in the learning phase. Please correct me if I'm wrong. If this is a triple pattern then there is a high probability of uptrend continuation after the break of resistance 180.000 {image} Kindest Regards

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Quoting emmanuel7788

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{quote} {image} Your EURAUD H4 chart above show a swing high in a bullish week. That H4 swing high price bar/candle is also the D swing high. When you look at the D chart, I won't go short unless I see the D chart swing high price bar being taken out. Trade H4 when both the W1 and D1 are in synergy. {image} regards,

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Quoting birdnest

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I would wait for a break for USD/JPY. The daily is showing consolidation...

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Quoting sknight1

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{quote} I haven't shoveled here yet. Screw it, let it sit there.... its not like it's going anywhere. lol Is it snowing on the east coast yet...???

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Quoting Bk8

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looks like USDJPY is ready to go north, Its bit risky but I went short... Sunday night with Merlot ... so no fear at all ��

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