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Trading Made Simple

  • #53,481
  • Feb 17, 2015 3:44am Feb 17, 2015 3:44am
long AJ
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  • #53,482
  • Feb 17, 2015 4:12am Feb 17, 2015 4:12am
EA Long initial prelim entry ...4 hr chart attached

LL

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  • #53,483
  • Feb 17, 2015 5:01am Feb 17, 2015 5:01am
EJ_H1 long at LO +1 on the break of double tops, TP +48 pips set off mobile trading
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I Have Learned to Take Some Losses to Make Profits
  • #53,484
  • Feb 17, 2015 5:10am Feb 17, 2015 5:10am
EU, M5 scalp +6.9 (5 lots) to TP target 1.14125 short term resistance as can be seen on zoomed out chart (sometimes helpful to zoom out to see complete picture to the left. Same chart, same trade just zoomed out giving a more complete picture in any t/f).....
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Keep It Simple
  • #53,485
  • Feb 17, 2015 5:12am Feb 17, 2015 5:12am
what's the best way to filter fake entries. i have made a number of trades that show good TDI angles i wait for the cross and for the HA to change colour however i have been coming up with losses.
  • #53,486
  • Feb 17, 2015 5:14am Feb 17, 2015 5:14am
Quoting TheScorpS
EJ_H1 long at LO +1 on the break of double tops, TP +48 pips set off mobile trading {image}

good trade thescorp am in this trade too looking at 135.85 to take profit let see how it goes will log out manually if otherwise
  • #53,487
  • Feb 17, 2015 5:14am Feb 17, 2015 5:14am
Quoting stolie32
what's the best way to filter fake entries. i have made a number of trades that show good TDI angles i wait for the cross and for the HA to change colour however i have been coming up with losses.
Focus on PASR and only TDI for confirmation (if at all). PA in relation to key levels, support/resistance will show you the way....
Keep It Simple
  • #53,488
  • Feb 17, 2015 5:24am Feb 17, 2015 5:24am
Quoting cigarguy
{quote} Focus on PASR and only TDI for confirmation (if at all). PA in relation to key levels, support/resistance will show you the way....
i have been trading daily charts and 4 hour charts, i have been using weekly and monthly PASR but still not getting much love. i'll stick to it i'm sure it will come good soon. thanks. next trade i will post for comments.
  • #53,489
  • Feb 17, 2015 5:33am Feb 17, 2015 5:33am
GU, M5, (5 lots) small +1 pip, PA hit target BRN 1.54000 with wick and was rejected and then bounced back and hit my TS.....not all are good
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Keep It Simple
  • #53,490
  • Feb 17, 2015 5:39am Feb 17, 2015 5:39am
I'm getting significantly more success by employing a simple RR of 1:2 in the direction of the trends. If it a'int trending on the daily, I'm reluctant to enter. I've also taken the mindset of, 'I don't know what the price is going to do next so, I'm either wrong or right so I may as well stack the odds in my favour'.
Since then my trading has become a fair bit better. I've got some losses and some winners and the winners are out pipping the losers for the moment. If I can have about 40% success rate I'm golden.
  • #53,491
  • Feb 17, 2015 5:41am Feb 17, 2015 5:41am
Quoting stolie32
{quote} i have been trading daily charts and 4 hour charts, i have been using weekly and monthly PASR but still not getting much love. i'll stick to it i'm sure it will come good soon. thanks. next trade i will post for comments.
stolie32,

Just a suggestion; you might drop down to a lower t/f, best if on demo where you will get a different picture of PASR. Remember this is a trending system and trends start at lower t/f's to higher.....just a thought You might find more love there..
Keep It Simple
  • #53,492
  • Feb 17, 2015 5:42am Feb 17, 2015 5:42am
Quoting emmanuel7788
{quote} {image} Here is an update on Kiwi. Yesterday was a good D breakout of the previous D Inside Bar and also the Outside Bar. Potential TP region is Dec Low and the most recent price swing low close. Still possible to get an intraday H1 setup entry today. regards, {image}

hi emm,

may i know how do you imsert that ema-20 on your tdi?

i try drag and drop to different type of tdi but not successful

appreciate your help, thanks!
  • #53,493
  • Feb 17, 2015 5:49am Feb 17, 2015 5:49am
EU, I should have looked at the M15 zoomed out, my bad. Was this predictable approx. 70 pip move.........HH and HL waves....good probability
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Keep It Simple
  • #53,494
  • Feb 17, 2015 5:51am Feb 17, 2015 5:51am
Quoting sknight1
{image}
Positive anything is better than negative thinking.- Elbert Hubbard
  • #53,495
  • Feb 17, 2015 5:55am Feb 17, 2015 5:55am
Quoting cigarguy
{quote} stolie32, Just a suggestion; you might drop down to a lower t/f, best if on demo where you will get a different picture of PASR. Remember this is a trending system and trends start at lower t/f's to higher.....just a thought You might find more love there..
what tf would you suggest? i use daily mainly because it suits work and life style.
  • #53,496
  • Feb 17, 2015 5:57am Feb 17, 2015 5:57am
Quoting stolie32
what's the best way to filter fake entries. i have made a number of trades that show good TDI angles i wait for the cross and for the HA to change colour however i have been coming up with losses.
Hi Stolie

I often simply use the green TDI and plot a trendline personally. I've attached a simple chart 4hr EU to illustrate what I mean. It helps me reinforce direction if I'm uncertain in my case, or informing me to be on alert if it reverses. It applies to all t/fs.

There are many ways, and none are necessarily better than others...it becomes a question of what you are comfortable with tbh and how complicated you want it to be. Ultimately, the fact is no one can be certain where price will go for any length of time, but this simple method at least gives a reasonable heads up of direction, stalling etc.

Hope it helped

Cheers

LL

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  • #53,497
  • Feb 17, 2015 6:03am Feb 17, 2015 6:03am
Quoting Landline
{quote} Hi Stolie I often simply use the green TDI and plot a trendline personally. I've attached a simple chart 4hr EU to illustrate what I mean. It helps me reinforce direction if I'm uncertain in my case, or informing me to be on alert if it reverses. It applies to all t/fs. There are many ways, and none are necessarily better than others...it becomes a question of what you are comfortable with tbh and how complicated you want it to be. Ultimately, the fact is no one can be certain where price will go for any length of time, but this simple method...
Thanks Landline that also helps. i'm only new to all this and sometime you just forget to look at things guess it helps the learning process.
  • #53,498
  • Feb 17, 2015 6:04am Feb 17, 2015 6:04am
Quoting stolie32
{quote} what tf would you suggest? i use daily mainly because it suits work and life style.
If your time restriction is high, I would recommend 1D and 4H, I think it could be suitable.
Had to be me. Someone else might have gotten it wrong.
  • #53,499
  • Feb 17, 2015 6:10am Feb 17, 2015 6:10am
Quoting stolie32
{quote} what tf would you suggest? i use daily mainly because it suits work and life style.
stolie 32,

Trading is a journey and each trader must find what works for them. Just mix it up a bit and take a look at different t/f's and you will find your way. It was once said (paraphrasing) ; the definition of stupidity is to do the same thing the same way every time and expect different results! or said something like that and I have been there...

Happy Trading!
Keep It Simple
  • #53,500
  • Feb 17, 2015 6:11am Feb 17, 2015 6:11am
thanks for the help everyone
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