Disliked{quote} Well when we look for reversal trade setups on D1 chart TF that requires patience. But once there is an established trend, trading D1 chart requires us to look for good timing to get our entries in the market. Look at GBPUSD for example, there was s nice Day IB setup. Then we stalked the H1 chart and wait for a good timed H1 entry. That is bearish reversal setup. Now that the reversal already happened, we look for en entry in the lower H1 or H4. that is why we must study and use the Triple Screen trading system approach by Dr Alexander Elder....Ignored
- #58,282
- Jun 25, 2015 4:32am Jun 25, 2015 4:32am
- Joined Nov 2008 | Status: Trader | 50,193 Posts
{quote} hi emm our teacher where can find Triple Screen trading system in your chart.
use the FF forum keyword search and read those 43 posts.
recent post - Triple Screen trading systems : Post#55,203 Post#55,208
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #58,284
- Jun 25, 2015 4:54am Jun 25, 2015 4:54am
- Joined Nov 2008 | Status: Trader | 50,193 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #58,285
- Jun 25, 2015 4:56am Jun 25, 2015 4:56am
- Joined Nov 2008 | Status: Trader | 50,193 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #58,286
- Jun 25, 2015 5:27am Jun 25, 2015 5:27am
Didnt say any probably TMS H1 trades in GU, EU and EA. PA was very choppy.
EU H4 shows a triangle pattern and price has always been within. Price has always been within the PAC also.
GU H1 is ranging within the WRB candle you see on the left. Got into a trade based off another dashboard. NOT a H1 TMS trade.
On hindsight, could have actually got into the trade with the candle which closed above DO and the PAC. But then again the 200 EMA
EA H1
Would the candle right before the last Red wide candle be considered a proper entry?
Zz
EU H4 shows a triangle pattern and price has always been within. Price has always been within the PAC also.
GU H1 is ranging within the WRB candle you see on the left. Got into a trade based off another dashboard. NOT a H1 TMS trade.
On hindsight, could have actually got into the trade with the candle which closed above DO and the PAC. But then again the 200 EMA
EA H1
Would the candle right before the last Red wide candle be considered a proper entry?
Zz
EU bouncing and ranging in these two days but its kind'a interesting cuz when price hit low of previous day or hit the green line it bounces and when hit previous high it bounce again
any comment bout EU?
its hard looking for good entry in H1 and H4 these day
Take What You Can , Give Nothing Back
- #58,291
- Jun 25, 2015 6:29pm Jun 25, 2015 6:29pm
- Joined Nov 2008 | Status: Trader | 50,193 Posts
{quote} hi emm im asking down the chart this is indicator look like indicator.
Hi,
Those are mini-charts by pipware.
It is not a trading chart.
I only use that to explain how to look at different timeframes price candles and the TDI for study purposes only. These charts will show the TDI condition in that particular timeframe better than any of those mtf tdi indcators.
You can download the latest version 7.0 at the http://www.pipware.com/software/mini-charts.html
Read the 43 posts in this thread for some important tips especially how to set up the Moving averages and the TDI version correctly.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #58,292
- Jun 25, 2015 7:05pm Jun 25, 2015 7:05pm
- Joined Nov 2008 | Status: Trader | 50,193 Posts
Doing multi timeframe MTF analysis to start the trading day using mini-charts.
GBPUSD example:
With H4 in consolidation with that MC[3], we look to trade in lower TF H1.
The price action is around the 200EMA now, so we must remember that we trade away from the 200EMA.
It can be buy or sell, but note that the D candle is above the 10EMA.
Have Fun solving this one today.
GBPUSD example:
With H4 in consolidation with that MC[3], we look to trade in lower TF H1.
The price action is around the 200EMA now, so we must remember that we trade away from the 200EMA.
It can be buy or sell, but note that the D candle is above the 10EMA.
Have Fun solving this one today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #58,294
- Jun 25, 2015 7:42pm Jun 25, 2015 7:42pm
GJ M30 - Early Asian session trade
So i noticed that GU & GJ both broke below the PAC on the m15/m30 about 3hrs into the Tokyo session. Since the asian session has had some decent moves recently i decided to try and have a quick scalp, 10-15pips. Below is my quick analysis for the pairs, GU & GJ and why i ended up trading GJ.
GU
1. 50ema right below potential entry point (3-5pips). Not ideal.
2. Orange horizontal line, Daily resistance from BPP below price (7-8pips). Not ideal.
3. H4 candle above H4 Pac, H1 candle still within H1 Pac.
GJ
1. Price broke and closed below both PAC and 50ema (orange ema).
2. No support for 15-20 pips
3. H4 candle more bearish than GU, H1 candle was below the PAC
First chart is GU, trade i passed on. Second chart is GJ, quick 15pip scalp and definitely the better option post-mortem.
Happy Pipping,
N.
So i noticed that GU & GJ both broke below the PAC on the m15/m30 about 3hrs into the Tokyo session. Since the asian session has had some decent moves recently i decided to try and have a quick scalp, 10-15pips. Below is my quick analysis for the pairs, GU & GJ and why i ended up trading GJ.
GU
1. 50ema right below potential entry point (3-5pips). Not ideal.
2. Orange horizontal line, Daily resistance from BPP below price (7-8pips). Not ideal.
3. H4 candle above H4 Pac, H1 candle still within H1 Pac.
GJ
1. Price broke and closed below both PAC and 50ema (orange ema).
2. No support for 15-20 pips
3. H4 candle more bearish than GU, H1 candle was below the PAC
First chart is GU, trade i passed on. Second chart is GJ, quick 15pip scalp and definitely the better option post-mortem.
Happy Pipping,
N.
- #58,295
- Jun 25, 2015 7:51pm Jun 25, 2015 7:51pm
- Joined Nov 2008 | Status: Trader | 50,193 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
GJ M30 26-06-15 Sell Trade Asian Session
GJ M30 trade setup
Where were the targets and reasoning behind the same.
GJ M30 trade closed
Why trade was closed and what to look for in such scenarios?
Kindest regards
GJ M30 trade setup
Where were the targets and reasoning behind the same.
GJ M30 trade closed
Why trade was closed and what to look for in such scenarios?
Kindest regards
- #58,300
- Jun 25, 2015 9:54pm Jun 25, 2015 9:54pm
- Joined Nov 2008 | Status: Trader | 50,193 Posts
Good morning at all . GPB/AUD : i think it is very hot , but it will be better if the daily PA was a blue candel closed (up) : now is blue but maybe i must enter only after this candel close. {image}
LvCa,
I LIKE this post very much. Best post with multi charts for today.
Same view, I am in buy mode since last week.
Thank for sharing this.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett