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Quoting Ballistical
{quote} {quote} I took the same move. Classic TMS bounce setup at LO. With it being GBP bank holiday, I decided to stick with 50 pip target today. A good start to the week {image}
Great work guys!

Such a nice trade. And to think i took monday off
anybody has their eyes on EU?

Is it a H4 reversal or it is consolidation playing my eyes again?
Quoting omonisha
{quote} Superb nice trading Ballistical
Quoting Vladbold
{quote} Great work guys! Such a nice trade. And to think i took monday off
Thanks both. Believe me Vlad, I thought about having the day off, but couldn't resist that setup
Focus on the process and the profits will follow
Quoting Ballistical
{quote} {quote} I took the same move. Classic TMS bounce setup at LO. With it being GBP bank holiday, I decided to stick with 50 pip target today. A good start to the week {image}

nice TDI bounce .. trade well taken .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting birdnest
anybody has their eyes on EU? Is it a H4 reversal or it is consolidation playing my eyes again?

you see with your two eyes,
what does your third eye tell you?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Vladbold
{quote} Great work guys! Such a nice trade. And to think i took monday off

I always take mondays off , what made my trading more profitable in the long run .
Guido
The future(s) is mine!Risiko birgt immer auch die Chance.
Quoting emmanuel7788
{quote} There was also wide range H1 during Tokyo morning session. I decided to look for trade in M15. FO candle closed bearish and nice setup for M15 entry. {image} Now must be patient to see if there will be a bearish breakout of that H4 WRB. If not, we can look for the reversal during later part of London session. Edit: update at LO+1 hour Took TP2 +50pips amd move initial SL to BE. Now wait to see if TP3 will be hit later. {image}
a beautiful set up, in line with LE1 method as well
the cautious seldom err....C
Quoting omonisha
{quote} For me there is no clear long term direction for this pair at this moment. If i zoom out a little bit i can see that WRB is at historical swing area. If i get chance i will trade it both way on LTF. So i marked my level of interest both side. If to short i will target some portion of level 1 and 3. No short for me below 3. On level 3 i will only like to long. I see that LL. But i also aware of that price failed to close below previous swing level. My over all bias is bullish for this pair at this moment. Not just for the Divergence but also...
thanks for your input. By the way ,how do you put two or more quotes under 1 post
the cautious seldom err....C
Quoting adikashyap
{quote} Thnx Buddy ... Here we go ... {file} {file}
Hi, can you pls tell me how do you use this type of ATR/ADR? I'm just curios how do you interpret the information that provide you and how do you apply it in every day trading? Sometimes on certain TF, I see the first 2 values market with red, anther times in green.

Thx,
Cris
Quoting pips29
{quote} thanks for your input. By the way ,how do you put two or more quotes under 1 post
May be there is an easier way but i copy one quote then paste in another
Sad i'm not trying to understand PA
Quoting emmanuel7788
{quote} nice TDI bounce .. trade well taken .
Thanks Emmanuel! I've noticed you seemed to be a lot more focussed on LTF at the moment. I see you also got a good entry on M15. Good job

Whats TP3? +100?

I had a play with some numbers yesterday for multiple lot entries. I think your 25/50/100 system is a nice setup for intra-day trading. I trialled a few systems:

System 1:
SL1=25 pips, TP1=50 pips
SL2=25 pips, TP2=100 pips

System 2:
SL1=25 pips, TP1=50 pips
SL2=25 pips, TP2=100 pips
SL3=25 pips, TP3=150 pips

All open positions moved to BE after price moves to +50. Whilst system 2 worked well in a trending market like the tail-end of last week, system 1 actually performed better for my trades over the past few weeks. With a current ADR of around the 180 mark, you have a realistic chance of getting 100 pips during London/NY but trying to push for 150 often relies on price running through NY and into the Asian session. Would be interested to hear your thoughts.

Regards

Ballistical
Focus on the process and the profits will follow
Quoting Ballistical
{quote} {quote} I took the same move. Classic TMS bounce setup at LO. With it being GBP bank holiday, I decided to stick with 50 pip target today. A good start to the week {image}
Quoting omonisha
{quote} EURAUD-H1.. I am in too {image}

Nice one there, took the same trade on LO but closed it with +20 pips , so good day after all
I Have Learned to Take Some Losses to Make Profits
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 37 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 39 KB
EURUSD H1
+25 short this morning entered after the break of Friday's and Asian low
+25 long this afternoon entered after the rejection of the ema

Not a bad haul for a Bank holiday Monday when I normally wouldn't trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
Never argue with a fool; onlookers may not be able to tell the difference.
Took +25 pips thanks to Eur/Usd at LO.
Beautiful Day here today on the East Coast, going to get out and get yard work done.
Just to share !!!

I hope this would be helpful for new comer like me. Along my learning process, I shall try to compile important resources in one location. Hopefully this resourses would be heplful for upcoming new comers.

Today's topic is about Master Candle (MC). After reading this pdf, i hope everybody would have clr conception about MC.

Thanks
Attached File(s)
File Type: pdf Master Candle basics.pdf   150 KB | 758 downloads
Quoting joynal2u
Just to share !!! I hope this would be helpful for new comer like me. Along my learning process, I shall try to compile important resources in one location. Hopefully this resourses would be heplful for upcoming new comers. Today's topic is about Master Candle (MC). After reading this pdf, i hope everybody would have clr conception about MC. Thanks {image}
Hi Joynal2u! nice sharing, thnx
Winners Never Quit, Quitters Never Win
Hi,
I have setup CM as per attached. However when price move in my favour for 10 pips, it doesn't move the SL to NoLossBuffer +2, Is that something that i setup wrongly?
Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 26 KB
Quoting raikon
Hi, I have setup CM as per attached. However when price move in my favour for 10 pips, it doesn't move the SL to NoLossBuffer +2, Is that something that i setup wrongly? Thanks! {image}
Hi raikon,

The CM setting is ok. You need to know the difference between the Bid and Ask prices.

Please post your trade chart showing your trade entry.
There is a script to draw open position on your chart -
> Draw_Open_Pos : Post#29,533


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Good start of the week for most of us. Rejection from Daily resistance, BRN and break of FO candle. TDI was perfect. +73 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_05_04_EURAUD_H1.png Size: 30 KB
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