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Trading Made Simple

  • #55,161
  • Mar 23, 2015 7:39pm Mar 23, 2015 7:39pm
Has anyone heard from SnarlyJack? He hasn't posted here since March 8.
  • #55,162
  • Mar 23, 2015 7:40pm Mar 23, 2015 7:40pm
Quoting joynal2u
{quote} Hi EMMANUEL, My H1 candle closed inside PAC. But your one is just above the PAC. {image}

Hi,

I explained the differences between the Synergy trading model Price Action Channel PAC using the 5-period Smooth MA to High-Low and the newer Synergy-Pro PAC which is a calibrated high-low channel set onto a 9EMA.
Read post#54,119.
Comparing Synergy PAC and Synergy_Pro PAC: Post# 54,119

Attached Image (click to enlarge)
Click to Enlarge Name: Synergy Pro PAC vs old 5SMA PAC.png Size: 84 KB


This new PAC is good replacement of the TMS use of 5EMA, Typical Price, Shift+3.
Attached Image (click to enlarge)
Click to Enlarge Name: Synergy Pro PAC vs TMS 5EMA shft3.png Size: 60 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,163
  • Mar 23, 2015 7:50pm Mar 23, 2015 7:50pm
Quoting TheScorpS
After LO set the low on EJ today, I went long the new H1 candle, good for +100 pips, EMA 200 , pullback on H1 all confirmed with cross of TDI {image}

TSS,

Very good trade. Good pair to selection.

We can attempt more pips for TP based on the last 12-weeks volatility.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Volatility week13.png Size: 85 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,164
  • Mar 24, 2015 1:20am Mar 24, 2015 1:20am
Quoting emmanuel7788
{quote} TSS, Very good trade. Good pair to selection. We can attempt more pips for TP based on the last 12-weeks volatility. {image} regards,
Hi Emmanuel,

Can I ask what program/ website this is? Looks really useful for comparing different currency pairs.

Many thanks.

Ballistical
Focus on the process and the profits will follow
  • #55,165
  • Mar 24, 2015 1:21am Mar 24, 2015 1:21am
Quoting emmanuel7788
EURUSD 23 Mar H1 trades closed. {image} Monday volatility is lowest compared to the other weekdays. We shall see if the following days if we can get more pips. {image} regards,
Hi,emmanuel7788,
Yesterday ,I took the same EU trades as you did ,but i only got +21 and +50
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 107 KB
  • #55,166
  • Mar 24, 2015 1:32am Mar 24, 2015 1:32am
Quoting Ballistical
{quote} Hi Emmanuel, Can I ask what program/ website this is? Looks really useful for comparing different currency pairs. Many thanks. Ballistical

Hi,

here is the link:
https://www.mataf.net/en/tools/02-01-volatility

some useful online tools there.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,167
  • Mar 24, 2015 1:36am Mar 24, 2015 1:36am
Quoting bigcakex
{quote} Hi,emmanuel7788, Yesterday ,I took the same EU trades as you did ,but i only got +21 and +50 {image}
Hi,

It is all about entries and exits, Risk:Reward ratios, risk model, position sizing, etc.

You need to ask yourself why you exited the way you did in those two trades and work on your exit strategy in your trading plan.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,168
  • Mar 24, 2015 1:39am Mar 24, 2015 1:39am
Looking at the three amigos - AU, EU and GU now, and the previous bullish bias, we should be looking to buy when USD is weaker.
Wait till London Open LO, and Tokyo close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,169
  • Edited 1:54am Mar 24, 2015 1:42am | Edited 1:54am
Hello friends and Master Teacher Emmanuel,
is my analise correct?



Emmanuel,
on second chart, AU,
is it not dangerous long trade, because Previously Monthly and Daily High are to close?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: snap 5.png Size: 38 KB
Click to Enlarge Name: Snap6.png Size: 31 KB
  • #55,170
  • Mar 24, 2015 2:01am Mar 24, 2015 2:01am
Quoting Trader MT4
Hello friends and Master Teacher Emmanuel, is my analise correct? Emmanuel, on second chart, AU, is it not dangerous long trade, because Previously Monthly and Daily High are to close? {image} {image}

Euro pairs:
We have French and German PMI data release in 2 hours. You may not be able to handle the knee jerk reaction to this news event with small SL.
I am in favour of the D1 chart direction.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 23Mar D1 chart.png Size: 31 KB


AU will face the BRN 0.7900

For both pairs, do you have room to take profit and mitigate your overall trade risks?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,171
  • Mar 24, 2015 3:30am Mar 24, 2015 3:30am
@emmanuel7788

thank You for the great help, I have a question about entrys on/above previous day high/low,
in a previous post you prefer entrys below/above previous day fibo (50% line)
how you manage possible entrys on or above previous day high/low - min. distance?

Regards
Regards
  • #55,172
  • Mar 24, 2015 3:37am Mar 24, 2015 3:37am
Quoting emmanuel7788
{quote} Hi, here is the link: https://www.mataf.net/en/tools/02-01-volatility some useful online tools there. regards,
Thanks for sharing the link Emmanuel, looks like a really good site.
Focus on the process and the profits will follow
  • #55,173
  • Mar 24, 2015 3:39am Mar 24, 2015 3:39am
Quoting fulltilt
@emmanuel7788 thank You for the great help, I have a question about entrys on/above previous day high/low, in a previous post you prefer entrys below/above previous day fibo (50% line) how you manage possible entrys on or above previous day high/low? Regards

Hi,

I look at the price action using both the Price Bar and the APB candles.
When the intraday retracement is shallow (between 23% and 38%), then the entry on the break of the Day Open and Prev day High/Low are usually good entries when we see there is price momentum.
look at both EURJPY and EURUSD H1 charts now. Do you see the shallow retracements and how the price action move above the Day open when FO.
I will post my trade charts later. Now very busy chatting with others.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,174
  • Mar 24, 2015 3:41am Mar 24, 2015 3:41am
Quoting Ballistical
{quote} Thanks for sharing the link Emmanuel, looks like a really good site.
I have been in their forum for many years since 2007. A lot of good traders from Europe there to chat with.
Now I use their tools and analyse and compare with my own work in trade planning.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,175
  • Mar 24, 2015 4:24am Mar 24, 2015 4:24am
do you guys wait for TDI to cross MBL line before opening a trade?
  • #55,176
  • Mar 24, 2015 5:38am Mar 24, 2015 5:38am
Quoting Mashiro
do you guys wait for TDI to cross MBL line before opening a trade?
Here are the basic rules.

Attached Image


cheers
Never argue with a fool; onlookers may not be able to tell the difference.
  • #55,177
  • Mar 24, 2015 5:48am Mar 24, 2015 5:48am
Hello Emmanuel,
please send information, which pairs you observe, and what is your system, how to observe many charts
Dan
  • #55,178
  • Mar 24, 2015 6:31am Mar 24, 2015 6:31am
Good Morning,


Just wanted to take a moment and say thank you to everyone who has helped make this thread what it is over the last couple of years... I am reminded that I am not sure how I would of turned out as a trader if I had not found this thread a couple of years ago (was a long time lurker)... Even a hack like me got +25 on Eur/Jpy this AM... rinse and repeat
  • #55,179
  • Mar 24, 2015 6:53am Mar 24, 2015 6:53am
GBPNZD-H4..After news trade. News came out negative but price shot up to daily open. went in just below daily open.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-03-24_17-48-59GBPNZD.png Size: 32 KB
Sad i'm not trying to understand PA
  • #55,180
  • Edited 7:26am Mar 24, 2015 7:10am | Edited 7:26am
Took 2 trades today. GBP/AUD was nice, following the trend. EUR/AUD took after double top and PCRF. Was too greedy on EA, so finished it with BE after +30 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 36 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 41 KB
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