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Trading Made Simple

  • #53,221
  • Edited 10:17pm Feb 12, 2015 3:28pm | Edited 10:17pm
GJ m5 short just entered. Let s see how it turns out during AO. will be back later around FO
update of GJ short at 5pm Mel time (1 hr before FO) +50 green
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 13.2.15 GJ M5 (DIV LH) short@10.22a aedt.png Size: 83 KB
Click to Enlarge Name: 13.2.15 GJ M5 (DIV LH) short@10.22a aedt +50.png Size: 106 KB
Appreciation is the key to wealth and happiness
  • #53,222
  • Edited 4:30pm Feb 12, 2015 3:45pm | Edited 4:30pm
Quoting likica
GJ m5 short just entered. Let s see how it turns out during AO. will be back later around FO {image}
As you know lots of retraces during Asian session so I look for a good trend on higher t/f's for scalps then drop down to lower t/f for entries. Whole number 183.000 right in front as possible support........
Keep It Simple
  • #53,223
  • Feb 12, 2015 3:57pm Feb 12, 2015 3:57pm
Quoting lastingwell
{quote}Asbolutely right!! If you hadn't said it was m5 nobody would have known which timeframe you were in. They are exactly the same, just less pips per candle and per swing. If you treat them that way then anyone can do it. If you're new to trading its by far the best timeframe to learn on (on demo) which is what I did, everything happens faster, so patterns appear faster and more often. When the ATR is as high as it is on some of the pairs its a great way to trade. A month in m5 is like having your 10,000 hours practise in H4 and D1.
Pls can you teach me your scalping strategy?
  • #53,224
  • Feb 12, 2015 4:10pm Feb 12, 2015 4:10pm
GJ, M5 took quick scalp on break of whole number 183.000 for +5.4 (5 lots) Risky with the Asian retraces but usually good for a quick pop after break of key level...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYiM5.png Size: 76 KB
Keep It Simple
  • #53,225
  • Feb 12, 2015 5:58pm Feb 12, 2015 5:58pm
Quoting emmanuel7788
GBPAUD and EURAUD both looking bullish on Day charts. Anyone have a different view?

hi emm,

may i know how do you determine if the day is bullish? i see GA tdi on h4 is above 68 and pointing down, D1 tdi is more than 68

thanks!
  • #53,226
  • Feb 12, 2015 6:27pm Feb 12, 2015 6:27pm
Quoting sknight1
{quote} That "0" is a pippet (a fraction of a pip). To get a correct count, you have to drop the last digit.... which means you got +62, which is still fantastic.
yes, you right, i add one more "0" for looking more dramatic

im so exticed for what i found from TMS
  • #53,227
  • Feb 12, 2015 8:58pm Feb 12, 2015 8:58pm
Quoting stanvy
{quote} hi emm, may i know how do you determine if the day is bullish? i see GA tdi on h4 is above 68 and pointing down, D1 tdi is more than 68 thanks!
Hi Stanvy,

We all have our opinions about the market but contrary to the prior statement market will do what it does best, move up, move down or move sideways.
The best we can do is speculate, have our plan ready, if then process ready and patience.

Below is my take on GA

Attached Image (click to enlarge)
Click to Enlarge Name: GA daily.png Size: 333 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GA Daily close look.png Size: 254 KB


I'm open to comments, pointers and feedback.

Kindest Regards
  • #53,228
  • Feb 13, 2015 12:00am Feb 13, 2015 12:00am
Morning all from London,
Anyone fancy a buy on EA H1? if not whats your reasons? Noob still learning here. Thanks

Edit: I see now higher time frame TDI doesn't agree.
  • #53,229
  • Feb 13, 2015 12:06am Feb 13, 2015 12:06am
Quoting Next4467
Morning all from London, Anyone fancy a buy on EA H1? if not whats your reasons? Noob still learning here. Thanks

Am long EA & EN on the 1h but, cautiously keeping a close eye on them since price action has been pretty choppy in all pairs for the past couple days.

To your additional edit: the daily is bullish. At least it looks like it to me.
  • #53,230
  • Feb 13, 2015 12:25am Feb 13, 2015 12:25am
Quoting sknight1
{quote} Am long EA & EN on the 1h but, cautiously keeping a close eye on them since price action has been pretty choppy in all pairs for the past couple days. To your additional edit: the daily is bullish. At least it looks like it to me.
Nothing seems to be moving much..
  • #53,231
  • Feb 13, 2015 12:29am Feb 13, 2015 12:29am
Quoting Next4467
{quote} Nothing seems to be moving much..

Give it time.
  • #53,232
  • Feb 13, 2015 12:33am Feb 13, 2015 12:33am
Quoting Next4467
Morning all from London, Anyone fancy a buy on EA H1? if not whats your reasons? Noob still learning here. Thanks Edit: I see now higher time frame TDI doesn't agree.

Well, for Scalpers it would be enough to trade the TDI Green cross Red and the TDI is 12-2 will be good.

But for Active traders, they would be trading only when the Green is above Red and above the Yellow.

H4 TDI is not in favour for long yet and also is in consolidation / sideways narrow range.


Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD 13 Feb H1 LO.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,233
  • Feb 13, 2015 12:36am Feb 13, 2015 12:36am
I'm at +50 on EA with stop moved to BE. EN is just hanging out at my entry price.
  • #53,234
  • Feb 13, 2015 12:42am Feb 13, 2015 12:42am
Quoting stanvy
{quote} hi emm, may i know how do you determine if the day is bullish? i see GA tdi on h4 is above 68 and pointing down, D1 tdi is more than 68 thanks!

Hi Stan,

My usual consistent approach looking top down.
new month, look at MN chart
new week, look at W1 chart.
then on daily chart, I see previous days bullish price bars/japanese candles.
on H1/H4 simply trade away from the Day Open to catch the continuation and also look at 50/200EMA. But always look at the APB body and wicks.

that is how I keep things simple with just one TDI and the APB as in the 5-Method. I dropped the 5EMA shift+3 but on H1, I use the new PAC which comes with the Synergy_Pro_APB. You can either use the Scalper or Active trader style when you use the Synergy_Pro TDI.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,235
  • Feb 13, 2015 12:43am Feb 13, 2015 12:43am
Quoting sknight1
I'm at +50 on EA with stop moved to BE. EN is just hanging out at my entry price.
You are braver than me, well done.
  • #53,236
  • Feb 13, 2015 12:43am Feb 13, 2015 12:43am
EURAUD-H4 .. This was my view. I saw price broke recent structure. Came back to test it. Took the cross on H1 near the structure with minimum SL for minimum TP 50pip.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-02-13_14-37-08EURAUD_CANDLE.png Size: 48 KB
Sad i'm not trying to understand PA
  • #53,237
  • Feb 13, 2015 1:04am Feb 13, 2015 1:04am
Quoting Next4467
{quote} You are braver than me, well done.

  • #53,238
  • Feb 13, 2015 1:08am Feb 13, 2015 1:08am
small bag from EA long for 30 green today
Attached Image (click to enlarge)
Click to Enlarge Name: 13.2.15 EA M15 H1 long @6.58pm aedt (near LO) +30.png Size: 47 KB
Appreciation is the key to wealth and happiness
  • #53,239
  • Feb 13, 2015 1:08am Feb 13, 2015 1:08am
Quoting likica
small bag from EA long for 30 green today {image}
Positive anything is better than negative thinking.- Elbert Hubbard
  • #53,240
  • Feb 13, 2015 1:10am Feb 13, 2015 1:10am
Quoting sknight1
I'm at +50 on EA with stop moved to BE. EN is just hanging out at my entry price.
you must have been in early bus
Appreciation is the key to wealth and happiness
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