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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #58,761
  • Jul 14, 2015 12:24pm Jul 14, 2015 12:24pm
Here is one of my rare TMS ttrades this month !

GA H4 Entry after TDI bounce ( marked by an arrow ), second white candle open.
At my entrry , the TDI was a steep cross .
Now its a little bit flat , reason could be the closed markets..
Until isstill crossed long Ill keep it .. next view is inn 4 hours.

I use a emergenzy SL 140 pips below the last low .
I expect a continuation of the long trend , higher TF D1 confirmed.
Guido
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Risiko birgt immer auch die Chance.
  • #58,762
  • Edited 1:55pm Jul 14, 2015 1:42pm | Edited 1:55pm
Quoting toledoFX
{quote} Well done, mate! Your entry is much better - you have entered after retracement and had no drawdown, very nice!
Hi Toledo.

You got for me this Indicator pls? Monthly HL, Weekly HL, Daily HL? Thank you very much.

Lazy

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mia san mia since 1900
  • #58,763
  • Edited 7:49pm Jul 14, 2015 6:56pm | Edited 7:49pm
Hi Folks.

Here is a Trade from today in D1. I think its bad. What is your opinion?
Thx for help.
Lazy

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mia san mia since 1900
  • #58,764
  • Jul 14, 2015 7:37pm Jul 14, 2015 7:37pm
Quoting LazyTrad3r
Hi Folks. Here is a Trade from today in D1. I think its bad. What is your opinion? Thx for help. Lazy {image}
the entry look okay according to the basic rule.
there should be some room below to take some pips off the market.

see my comment on your chart posted.
Attached Image (click to enlarge)
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the risks are:
1) you are selling into a support zone seen to the left of your chart using the APB colour change to identify the swings
2) there is a WRB on 29 Jun and market is trading within the high-low of this Day WRB.

potential trade option is we can look for buy when the PA bounce off the support or the WRB low.

trading the lower timeframe would be better and with smaller stops.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,765
  • Jul 14, 2015 8:08pm Jul 14, 2015 8:08pm
USDCAD week 29 ME/ME trades 15 Jul open positions:

With 3 open ME positions we shall see how market will play out today. Should it move lower, I have room for 2 more build pos.
But when the price move above my Average Entry Price, I will be in profit.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD week 29 MEME 14 Jul update.png Size: 50 KB


On the D1 chart, market is sideways in a range of the D1 WRB. The Monthly and Weekly favor a bullish bias.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,766
  • Jul 14, 2015 8:17pm Jul 14, 2015 8:17pm
Quoting emmanuel7788
{quote} the entry look okay according to the basic rule. there should be some room below to take some pips off the market. see my comment on your chart posted. {image} the risks are: 1) you are selling into a support zone seen to the left of your chart using the APB colour change to identify the swings 2) there is a WRB on 29 Jun and market is trading within the high-low of this Day WRB. potential trade option is we can look for buy when the PA bounce off the support or the WRB low. trading the lower timeframe would be better and with smaller stops....
Thx Emmanuel for your advice.
That is exactly what I mean. Dont looking for a short trade @ a strong Resistance or Round Number. Its better when the Price have some room below.
I closed the trade now with 8 Pips Plus.
Which TF you prefer for me? (beginner)
I think the m15 its good and H4 for the trend?

Thx Lazy
mia san mia since 1900
  • #58,767
  • Jul 14, 2015 8:20pm Jul 14, 2015 8:20pm
Quoting gido1001
Where should I set my take profit ? {image}

Hi Gido,

here is one way how I would plan my exit and manage my trade(s).

R and R-Multiple:

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Manage this well and follow your Exit Strategy Rules...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,768
  • Jul 14, 2015 8:42pm Jul 14, 2015 8:42pm
Quoting dewdrops
{quote} Thanks for your detailed reply. I meant yellow line in the TDI indicator window. I'll try out 5M scalp soon. Do you try that after news events or LO?
Hey Dew and Ven, I apologize for the late reply, I scrolled right past it

I don't trade near or during the news (especially the red foler major impact news on Forex Factory). If I'm in a winning position, even by just 5 or 10 pips and there's a major news release about to happen, I'll close that trade and take what I can. Then once the market settles around 15 minutes after a major news release I'll consider trading again.

Quoting ven16
{quote} hi, how would you get the arrows on TDI and in chart I am trying to use Synergy Pro-indicators-Synergy_Pro_APB_Arrows.mq4 from your attachment but my charts are hanging. do i need any extra files other than your synergy-pro revised bundle
When you say your charts are "hanging" do you mean your chart is "stuck" and not responding? Because loading a few of the Synergy Pro indicators will cause your charts to lag for up to 1 minute some times. This is why I only use a few of the Synergy Pro Indicators and not the whole package. See below screenshot of what indicators I use on my charts.

Let me know if you need any more help bro
Attached Image
  • #58,769
  • Jul 14, 2015 8:59pm Jul 14, 2015 8:59pm
Quoting emmanuel7788
{quote} Hi dewdrops, I try to answer your questions below: 1. Do you trade the direction of WRB? NO If WRB is bullish, should we look for only bullish setup? or will we look for which WRB went against primary trend and then trade on the way of coming back to that trend? We use the WRB to define what is a big candle on our charts. The WRB high-low only help us see the range in which the market will consolidate. We trade the breakout of the consolidation. The breakout can follow the previous trend or it also can be a reversal. We do not know for sure,...

Thanks for your detailed reply. I am backtesting based on your advice.
  • #58,770
  • Jul 14, 2015 10:16pm Jul 14, 2015 10:16pm
I need some small help guys,
If there is a red hot news coming in EUR or GBP, is it safe to trade the USDCHF? since the market data only affects EUR & GBP.

I'm currently modifying a TDI simple system on smaller time frame for 15m & 5m chart. I just want to know when not to trade during important market news events. Thanks in advance.
  • #58,771
  • Edited 10:36pm Jul 14, 2015 10:22pm | Edited 10:36pm
Quoting balut
I need some small help guys, If there is a red hot news coming in EUR or GBP, is it safe to trade the USDCHF? since the market data only affects EUR & GBP. I'm currently modifying a TDI simple system on smaller time frame for 15m & 5m chart. I just want to know when not to trade during important market news events. Thanks in advance.
Hi Balut. I have learned when red News coming dont enter a trade before 15min and after 15min. No matter which currency pair i dont trade if there is news.

When you know the correlation between the currency pairs is that another Thema. But without experience is that an No Go imo.

Lazy
mia san mia since 1900
  • #58,772
  • Jul 14, 2015 10:41pm Jul 14, 2015 10:41pm
Scalp Trade in M15.
Dangerous why Resistance Zone.
But for 3-6 Pips i think its OK
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Lazy
mia san mia since 1900
  • #58,773
  • Jul 14, 2015 11:40pm Jul 14, 2015 11:40pm
Quoting LazyTrad3r
{quote} Hi Toledo. You got for me this Indicator pls? Monthly HL, Weekly HL, Daily HL? Thank you very much. Lazy {image}

LazyTrad3r;

You can download this indi here :

 

  1. Post 27,644

regards

  • #58,774
  • Jul 14, 2015 11:50pm Jul 14, 2015 11:50pm
Quoting farhad10
{quote} LazyTrad3r; You can download this indi here : Post 27,644 regards
Thx Farhad10 i got it. Thx for a lot helping.
Good Luck on your Trades

Lazy
mia san mia since 1900
  • #58,775
  • Jul 15, 2015 1:54am Jul 15, 2015 1:54am
Quoting LazyTrad3r
{quote} Hi Toledo. You got for me this Indicator pls? Monthly HL, Weekly HL, Daily HL? Thank you very much. Lazy {image}
Here you go. Also you can find a lot of different indicators in the paperclip.
Attached File(s)
File Type: ex4 ___Daily-Weekly-Monthly Hi-Low4.ex4   26 KB | 350 downloads
  • #58,776
  • Jul 15, 2015 1:56am Jul 15, 2015 1:56am
London Open in 5mins!

EURAUD H1 traders - Buy or Sell?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,777
  • Jul 15, 2015 2:02am Jul 15, 2015 2:02am
Quoting toledoFX
{quote} Here you go. Also you can find a lot of different indicators in the paperclip. {file}
Thx Toledo.
mia san mia since 1900
  • #58,778
  • Jul 15, 2015 2:04am Jul 15, 2015 2:04am
Quoting emmanuel7788
London Open in 5mins! EURAUD H1 traders - Buy or Sell?
looks like short but im a noob ....
What do you think?

Jason
mia san mia since 1900
  • #58,779
  • Jul 15, 2015 2:21am Jul 15, 2015 2:21am
Quoting emmanuel7788
London Open in 5mins! EURAUD H1 traders - Buy or Sell?
Hi,

the arrows are for sell, but the green line is upper then red line (and is too close). I'd stay flat.

Is ok?
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  • #58,780
  • Jul 15, 2015 2:28am Jul 15, 2015 2:28am
Hi
Which currency pairs are the best for this system?
I trade this pairs...
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any improvements?

Lazy
mia san mia since 1900
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