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Trading Made Simple

  • #56,901
  • May 14, 2015 4:00am May 14, 2015 4:00am
Quoting ZeF
{quote} I try to trade away from DOL too. My Open Line I consider the open of Tokyo. Those 2 setups you post are away from DOL. TMS is trend trading - which means we trade the continuation of the trend. You don't need to catch the whole move to take profits - that involves "picking tops and bottoms" and requires crystal ball type abenomics aka coin flips. Both your trades blew past the DOL - Once trend is clear (backtest so you build confidence in your entry decisions), especially in the London Session, it will continue for 3-5 bars before consolidation...
thanks,i'l have to backtest more, what about HOD lines (yday low and highs), i notice how those lines can also act as sup/res
  • #56,902
  • May 14, 2015 4:12am May 14, 2015 4:12am
Quoting TheScorpS
{quote} Nicely done on LO, heres my portion , keep it up Great OS , timings are perfect on those trades , well done {image}
Quoting Ballistical
{quote} Nicely Done OS! I caught some of EA on H1 {image}
WOW beautiful trading you too TS Ballistical with almost similar entry

Quoting Lookleft
{quote} Great trades OS I just need to wake up earlier
You will have many trades later too. Just don't spoil your relax time
Sad i'm not trying to understand PA
  • #56,903
  • May 14, 2015 4:13am May 14, 2015 4:13am
Quoting shay14
{quote} thanks,i'l have to backtest more, what about HOD lines (yday low and highs), i notice how those lines can also act as sup/res
I suggest you read Emmanuel's posts on S/R lines and the HOD's you mention, he speaks extensively on them and how you should treat them.

I found that when YH YL are around confluence or consolidation lines, price tends to hang up there. When PA is strong and these lines are not confluent with stronger PA and especially during London, price goes right trough them.

Here is a ss of the EA this week: There have been 4 TMS setups during London on the H1 TF, all of them away from DOL. Depending how many pips you need per week, this pair alone would have bagged 100 pips without stress, just taing the 2 most conservative entries.

Again read Emmanuel posts.....

Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 84 KB


GA 3 setups away from DOL:

Attached Image (click to enlarge)
Click to Enlarge Name: GA Thisweek.png Size: 71 KB
Best regards, Zef
  • #56,904
  • May 14, 2015 4:13am May 14, 2015 4:13am
Quoting pinux76
[ cave manager info] Use_Trail_By_Candle_HL This option supersedes all other trailing stops options regardless of how you have configured them to be. It is a way of trailing price by moving the SL just behind the last close candle stick. There are 2 parameters that you need to configure for this option. First you need to tell the EA when to become active by setting Activate_After_Pips. Once it is active, it will trail the last close candle by the number of pips configured in Pips_Behind_Candle_HL. For who uses CAVEMANAGER help thanks the HL candle...

You should not be using this Trail_By_Prev_Candle HL on M15 chart because your trades will be stopped out very easily.
If your initial Sl is -50pips, the set to activate this feature when price move 50pips. This way, you would have taken 2 exits +25pips and +50pips, and let the remaining Pos run till it get stopped out when market consolidate or reverses.

Best to use this feature on H1 chart and DO NOT change your chart TF when CM is active and running with open trades.

You can also use this feature on H4 and D1 chart trading but I prefer to move my stops manually on H4 and D1. You have time to do this manually at every new candle open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #56,905
  • May 14, 2015 5:42am May 14, 2015 5:42am
Quoting adikashyap
GA lost = EA made it up 2 standard lots ... 20 pips TSL activated ....... {image}
Congrats AD!
Winners Never Quit, Quitters Never Win
  • #56,906
  • May 14, 2015 5:44am May 14, 2015 5:44am
Quoting omonisha
GA EA-H4 {image}
Hi Os! Nice, neat and clean charts.
Winners Never Quit, Quitters Never Win
  • #56,907
  • May 14, 2015 5:45am May 14, 2015 5:45am
Quoting emmanuel7788
{quote} MAs is not holy grail. We just use them to see what the market does when near to these MAs. We always look the Price Action seen with the price bar and APB candles, and we look at the price momentum what the TDI Green, Red and Yellow show us.
Very informative post like always, thnx for guidance.

Regards,
Winners Never Quit, Quitters Never Win
  • #56,908
  • May 14, 2015 6:02am May 14, 2015 6:02am
Quoting adikashyap
GA lost = EA made it up 2 standard lots ... 20 pips TSL activated ....... {image}
hello adikashyap nice trader and by the way can i please ask you if you dont mind to upload your indicator for me
1.the green box to identify the london market
2.and the green ATR ADR indicator
3.what is the green number on the bottom right of your chart?

thank you so much
  • #56,909
  • May 14, 2015 6:20am May 14, 2015 6:20am
Quoting vayzardos
{quote} hello adikashyap nice trader and by the way can i please ask you if you dont mind to upload your indicator for me 1.the green box to identify the london market 2.and the green ATR ADR indicator 3.what is the green number on the bottom right of your chart? thank you so much
Thanks. Green number is the number of pips ... lost or made ...
Here we go ...
Attached File(s)
File Type: mq4 lo_box.mq4   15 KB | 363 downloads
File Type: ex4 pipsometer_5_decimal.ex4   13 KB | 330 downloads
File Type: mq4 xADR.mq4   4 KB | 385 downloads
  • #56,910
  • May 14, 2015 6:49am May 14, 2015 6:49am
Hi Big Emm! What are the pairs that you trade on daily TF? Dailies suits me owing to my job and other preoccupations, but i'm certainly struggling with Dailies. Any suggestion/guidance/tips, how i can trade successfully on Dailies?

Regards,
Winners Never Quit, Quitters Never Win
  • #56,911
  • May 14, 2015 7:11am May 14, 2015 7:11am
Quoting adikashyap
{quote} Thanks. Green number is the number of pips ... lost or made ... Here we go ... {file} {file} {file}
i can now understamd how to get decent entries thanks to you guys, now how do you use the adr in order to determine take profit level
  • #56,912
  • May 14, 2015 7:22am May 14, 2015 7:22am
Quoting shay14
{quote} i can now understamd how to get decent entries thanks to you guys, now how do you use the adr in order to determine take profit level
Normally, it is 60% of the previous D ADR ...
But then , you also have to consider Price, its velocity, previous Structure H/L, previous day OHLC etc ...
Regards,
  • #56,913
  • May 14, 2015 8:15am May 14, 2015 8:15am
hay would like to thank amanual for his help posting the information here is truly amazong ive noticed a great improvment in my trading after really learning trends ie d1,h4,h1

thers just so much info thanks
  • #56,914
  • May 14, 2015 8:44am May 14, 2015 8:44am
Quoting ZeF
{quote} I suggest you read Emmanuel's posts on S/R lines and the HOD's you mention, he speaks extensively on them and how you should treat them. I found that when YH YL are around confluence or consolidation lines, price tends to hang up there. When PA is strong and these lines are not confluent with stronger PA and especially during London, price goes right trough them. Here is a ss of the EA this week: There have been 4 TMS setups during London on the H1 TF, all of them away from DOL. Depending how many pips you need per week, this pair alone...
Hello Zef,
I read BigEmm's posts.
In your charts H1:
in the moment when London Open, you wait London open candle (1H), when it closed?
Attached Image (click to enlarge)
Click to Enlarge Name: LO.PNG Size: 66 KB
  • #56,915
  • May 14, 2015 8:51am May 14, 2015 8:51am
My First 100Pip Trade


Thank You All for this Thread...


Amazing.. God Bless You All
Attached Image (click to enlarge)
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  • #56,916
  • May 14, 2015 9:03am May 14, 2015 9:03am
hello traders

one thing that is really bugging emanual gets up every 4 hours to check charts why? why not look for trades during the normal hours ?

i saw an indicator somewhere that tracks w1 d1 4h 1h on multi pairs dont sopppse someone could tell me where it is and are people using it?

thank you
  • #56,917
  • May 14, 2015 9:05am May 14, 2015 9:05am
Quoting Trader MT4
{quote} Hello Zef, I read BigEmm's posts. In your charts H1: in the moment when London Open, you wait London open candle (1H), when it closed? {image}
Hi Trader MT4,

Those were not trades that I dook, those were just examples showing the poster on how PA moves during London and how, in 70% of times, if it starts to move with nice sized candles, it will generally go 100+ pips in that direction.
I can't explain in a post what makes me enter on a good or a bad entry - you should study posts of Emmanuel, Phx62, Snarlyjack and other senior members to get the "feel" of their PA analysis. I promise you will not regret it. The amount of information in the posts of the posters named above is more applied PA than you will ever learn in a school.
Best regards, Zef
  • #56,918
  • May 14, 2015 9:12am May 14, 2015 9:12am
Quoting mustafafr010
My First 100Pip Trade Thank You All for this Thread... Amazing.. God Bless You All {image}
Nice trade! What is that dark yellow line and arrows on your chart?
Regards,
Winners Never Quit, Quitters Never Win
  • #56,919
  • May 14, 2015 9:33am May 14, 2015 9:33am
Quoting Trader MT4
{quote} Hello Zef, I read BigEmm's posts. In your charts H1: in the moment when London Open, you wait London open candle (1H), when it closed? {image}
Here's the 3 trades I took yesterday and today - I just closed nr.3:

Attached Image (click to enlarge)
Click to Enlarge Name: GA.png Size: 72 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EATHURS1.png Size: 84 KB



I had 2 other TMS Breakevens on GA (whipsaws killing a lot of profit on this pair)...still struggling to find a magic number for the GA.

London will offer every single week 2-3 70+pip trades for EA and GA, and probably other majors as well - I don't know, I don't watch other pairs.

If you backtest PA around London Open, you will see very clear what will precede in 70% of cases a 100+pip move - it's either a Tokyo breakout, a PCRF, or a double top / double bottom formation.
If at any of those PA setups I see a TDI cross, I will enter that setup without even being worried.
Best regards, Zef
  • #56,920
  • May 14, 2015 9:38am May 14, 2015 9:38am
Quoting hsn100
{quote} Nice trade! What is that dark yellow line and arrows on your chart? Regards,

Thanks..


The Dark Yellow Line is EMA 200 & the Arrows are TDI Cross Arrows.
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