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Trading Made Simple

  • #57,301
  • May 25, 2015 6:58pm May 25, 2015 6:58pm
Quoting Eod
{quote} hi big Emmanuel. i need to know the corret setup of sinergy pro tdi. what's the corret value of rsi in tf h4? 13 or 10? regard {image}
Emmanuel use defaut setup, so 10.
  • #57,302
  • May 26, 2015 1:56am May 26, 2015 1:56am
Fxxk....

I bought GBPUSD EURUSD USDCAD USDJPY AUDUSD USDCHF 3AM(GMT+9)
but except for GBPUSD...all SL...
Why...What should i do?
Only 4H chart trading is bad?
  • #57,303
  • May 26, 2015 2:04am May 26, 2015 2:04am
Quoting yuki0912
Fxxk.... I bought GBPUSD EURUSD USDCAD USDJPY AUDUSD USDCHF 3AM(GMT+9) but except for GBPUSD...all SL... Why...What should i do? Only 4H chart trading is bad?
Hi,
Can you post some charts so that people can see your setups and make suggestions.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #57,304
  • Edited 3:26am May 26, 2015 2:06am | Edited 3:26am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB

what will you guys do?
green, yellow , red tdi all pointing down and if u see daily , i think its bearish trend , but whats anoying is tdi in h4 ady reach 32 level
is this movement is the impact from friday's news?(cuz its unusual for price at tokyo open make movement like that)

anyway since we should trade away from DOL and emas , so i took short
Take What You Can , Give Nothing Back
  • #57,305
  • May 26, 2015 2:08am May 26, 2015 2:08am
Look left thank you but im in univ.

So ill post it after univ
  • #57,306
  • May 26, 2015 3:09am May 26, 2015 3:09am
Quoting yuki0912
Fxxk.... I bought GBPUSD EURUSD USDCAD USDJPY AUDUSD USDCHF 3AM(GMT+9) but except for GBPUSD...all SL... Why...What should i do? Only 4H chart trading is bad?
For me GBPUSD on 4h chart is going down, same for EURUSD and AUDUSD
  • #57,307
  • May 26, 2015 3:48am May 26, 2015 3:48am
Quoting Eod
{quote} hi big Emmanuel. i need to know the corret setup of sinergy pro tdi. what's the corret value of rsi in tf h4? 13 or 10? regard {image}
http://www.forexfactory.com/attachme...1&d=1432566170

Quoting imperatorfr
{quote} Emmanuel use defaut setup, so 10.

...

yes, use the default set to RSI period 10.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #57,308
  • May 26, 2015 3:53am May 26, 2015 3:53am
Quoting adikashyap
Dear Emm ... Again Trade Plan Development .... Again awaiting your comments and Advice ... And yes ... I have added previous S/R levels ... D on 4H ... 4H on my TTF, which 1H ... Regards, ... {file}

Hi adikashyap,

It would be better to do your big picture plan for those pari you trade with charts.

Attached example for GBPCAD.

One same Big Picture and you can trade all different timeframes - D1, H4 and H1.
The support and resistance are the same for all timeframes.
It is the use of the PAC, and the 50EMA and 200EMA which will be different on different timeframe.

regards,
Attached File(s)
File Type: pdf Big Picture Planning for GBPCAD Week 22.pdf   426 KB | 1,058 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #57,309
  • May 26, 2015 3:59am May 26, 2015 3:59am
Quoting Donquixote
{image} what will you guys do? green, yellow , red tdi all pointing down and if u see daily , i think its bearish trend , but whats anoying is tdi in h4 ady reach 32 level is this movement is the impact from friday's news?(cuz its unusual for price at tokyo open make movement like that) anyway since we should trade away from DOL and emas , so i took short

closed +9 pip
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 20 KB

reason: i think the price cant break the blue circled level
Take What You Can , Give Nothing Back
  • #57,310
  • May 26, 2015 4:47am May 26, 2015 4:47am
I'm backed...

here is pic
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot_3.png Size: 130 KB
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  • #57,311
  • May 26, 2015 5:47am May 26, 2015 5:47am
Quoting emmanuel7788
{quote} Hi adikashyap, It would be better to do your big picture plan for those pari you trade with charts. Attached example for GBPCAD. One same Big Picture and you can trade all different timeframes - D1, H4 and H1. The support and resistance are the same for all timeframes. It is the use of the PAC, and the 50EMA and 200EMA which will be different on different timeframe. regards, {image}
Thank you for a very clear good analysis.
  • #57,312
  • May 26, 2015 6:07am May 26, 2015 6:07am
Quoting yuki0912
I'm backed... here is pic {image} {image} {image} {image} {image}
OK as you are posting on the TMS thread it would be better if you use the TMS method indicators.
Just looking at EURUSD H4 shows no buy signals since 22nd May. The sell entry APB and TDI cross are shown with red arrows. At no time since then has the price closed inside the PAC so the sell trade will still be running (I'm at +150 pips atm ) and that's why this method is called Trading Made Simply and works.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB

I suggest you use the Synergy Pro TDI and Synergy Pro APB and apply the basic rules.
Hope this helps
Never argue with a fool; onlookers may not be able to tell the difference.
  • #57,313
  • May 26, 2015 6:46am May 26, 2015 6:46am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB

can we call (the blue cricled ) master candle?
Take What You Can , Give Nothing Back
  • #57,314
  • Edited 8:11am May 26, 2015 7:06am | Edited 8:11am
First TMS trade, which quite unfortunately went into the Red. Holding on till it hit the SL though.
Broker is TickMill.

Trade criterias followed :-
(1) Away from DOL
(2) Away from 200 EMA
(3) Away from 800 EMA
(4) Away from PAC
(5) TDI showed a bounce
(6) Daily/H4 bias was bearish
(7) Trade taken after the close of the breakout candle (broke the low of the Asian session)

It would seem that i had sold at the very bottom (not proud of the fact!)

Tickmill server time is GMT +3 which has the London Open at 10:00 (as per http://fxtrade.oanda.com/analysis/market-hours). Which means i had placed the trade right at LO.
Question about LO. We all refer to LO and talk about the ideal time to open trades as being LO. Does LO take into account the Frankie Open too or is it after Frankie open?

A better trade it would seem would have been to put a sell order below the lows of the Asian session and to ride the breakout candle. But this would not be considered pure TMS.

Please do let me know your insights/thoughts/suggestions/criticisms etc. on the trade made. I suppose my actual learning starts here

Zz
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-tickmill-ltd.png Size: 54 KB
  • #57,315
  • May 26, 2015 7:46am May 26, 2015 7:46am
Quoting yuki0912
I'm backed... here is pic {image} {image} {image} {image} {image}
Yuki, can you tell me what indicator you're using to show profit / loss in pips on your chart?

thanks,
Richard
while the objective is profit, the job description is risk management
  • #57,316
  • May 26, 2015 8:14am May 26, 2015 8:14am
Quote
OK as you are posting on the TMS thread it would be better if you use the TMS method indicators.
Just looking at EURUSD H4 shows no buy signals since 22nd May. The sell entry APB and TDI cross are shown with red arrows. At no time since then has the price closed inside the PAC so the sell trade will still be running (I'm at +150 pips atm ) and that's why this method is called Trading Made Simply and works.
Is it all...indicators?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 176 KB
  • #57,317
  • May 26, 2015 8:14am May 26, 2015 8:14am

Attached Image

Attached Image
  • #57,318
  • May 26, 2015 8:35am May 26, 2015 8:35am
Quoting emmanuel7788
{quote} Hi adikashyap, It would be better to do your big picture plan for those pari you trade with charts. Attached example for GBPCAD. One same Big Picture and you can trade all different timeframes - D1, H4 and H1. The support and resistance are the same for all timeframes. It is the use of the PAC, and the 50EMA and 200EMA which will be different on different timeframe. regards, {image}
GBPCAD H4 trades.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD week 22 H4 trades 26 May.png Size: 37 KB


Took this trade when PA supported at the BRN 1.9000.

Exited TP1 +25pips, TP2 +50pips.
Pos 3 now at BE to wait for TP3.

Trade according to my plan.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #57,319
  • May 26, 2015 8:42am May 26, 2015 8:42am
Quoting hishamzz
First TMS trade, which quite unfortunately went into the Red. Holding on till it hit the SL though. Broker is TickMill. Trade criterias followed :- (1) Away from DOL (2) Away from 200 EMA (3) Away from 800 EMA (4) Away from PAC (5) TDI showed a bounce (6) Daily/H4 bias was bearish (7) Trade taken after the close of the breakout candle (broke the low of the Asian session) It would seem that i had sold at the very bottom (not proud of the fact!) Tickmill server time is GMT +3 which has the London Open at 10:00 (as per http://fxtrade.oanda.com/analysis/market-hours)....
http://www.forexfactory.com/attachme...1&d=1432644184

On basic rule for trading:
Do Not chase after big candle and in this case that candle is a wide range bar.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #57,320
  • May 26, 2015 8:50am May 26, 2015 8:50am
Quoting emmanuel7788
{quote} {image} On basic rule for trading: Do Not chase after big candle and in this case that candle is a wide range bar.
Big Emm - How tall (pips) a candle would be to have it considered a wide range bar? Or is it an instinct which you would get by eyeballing the previous candles and their moves? I know it would be timeframe dependent IF there is a definite number... Assume that we are trading on H1 and its EURUSD.

Also, a question in my previous post, does the mention of LO within the thread include the Frankie Open? The reason for my question is I have read numerous posts regarding the fake outs within the Frankie session.

Thanks for your insight sir!
Zz
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