Trading Made Simple

Quoting pips29

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{quote} I don't know why you close the trade as it has the making of a reverse move. Looking at the daily you would see a "bearish harami" and a close below the wrb on the weekly. It is looking like a bearish pin on the weekly too. You just miss a +100 pips {image}

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Quoting jonisonvespa

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hello traders started to make some progress after reading this thred a bit more, its sort of given me a stratagory i think. just going with the trend day 4hr 1hr charts and trading in that direction. just got a quick question, i cant quite figure out how to work out when the next 4hour candel is going to start could someone please tell me how work this out please thank you.

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Quoting pinux76

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Sell counter trend TF 4H GBPAUD is correct with divergence? {image}

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Quoting Ballistical

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After a poor start to the week, I caught a nice short today on EA H1. TMS entry would have been on LO+1, but I took a more aggressive PA entry due to the FO pullback which was rejected by the 200EMA in line with the primary downtrend. Two positions each risking 1% on 25 pips. Caught 150 pips for +6% {image}

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Quoting cristy1980

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{quote} Me too... I gave back to the market what I've earn yesterday on GU (ddn't want to cut short although initially I had a small +25pips)..., I was bullish on GBP, though BOE thinks that in middle term there is risk to downside to GDP and CPI (inflation)... But right now what got my attention is the fact that although on D TDI is pointing up... the H4 is stuck in between 68 - 80 area and is flat (or at least it was at the time I'm writing)... But seem that is still have room to go up. {image}

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Quoting emmanuel7788

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{quote} when you look at H4 TDI, yopu must look at the Green and Red lines which tell us the price momentum of the past 3 and 7 candles. Look at the price bar, small open and close, long upper and lower wicks, .... the best way is to trade lower TF H1 and M15 in such tight market.

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Quoting emmanuel7788

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{quote} {image} Nice chart, clean and no clutter makes it easy to see the price action. Monday rally hit a historical resistance which was tested in March and now price is back in the weekly WRB range. Stronger Aussie help this.

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Quoting Donquixote

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enter short reason: tdi crossed down synergy closed below ema {image}

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Quoting adikashyap

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Good things first ... 1 more 200 piper .... 1 more 100 piper ... Bad thing next ... My BGP being e better economy ... 3rd chart {image} {image} {image}

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Quoting rtradern

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{quote} This is excellent!,,,,,on the losing trade - what is your Money management strategy? Do you use SL? why allow the -123 drawdown...? why not close early?

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Quoting adikashyap

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Good things first ... 1 more 200 piper .... 1 more 100 piper ... Bad thing next ... My BGP being e better economy ... 3rd chart {image} {image} {image}

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Quoting shay14

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{quote} do you ever lose ? aha, very inspiring as for levels, what do you use? i want simple charts, would daily open and daily/highlow would be good enough?

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