DislikedDear Traders! I am a poor man from Hungary and i have been dealing with trading for 3 years, but unfortunately i am not a profitable trader. I can see that some of you scored success with this strategy. I also would like to test and use your system could you be so kind to sum up the gist of this strategy and how it works. The truth is that i am a little bit busy recently to read all the replies. Thank you for your kindness and cooperation in advance! (Sorry for my english mistakes) Have a nice day!Ignored
- #58,887
- Jul 17, 2015 4:00am Jul 17, 2015 4:00am
{quote} Thx...in retrospect was more posible. Lazy
As long as you aren't losing pips, your doing better then majority of the traders. Don't ever feel bad about leaving pips on the table as there will always be more opportunities to make more pips.
My trade closed at break even by the way, on to the next one. The market is kind of choppy today
- #58,890
- Jul 17, 2015 5:07am Jul 17, 2015 5:07am
I thought to share my 1st trade here, since I've started to learn this trading system.
The TDI is curling a little, but the 1H candle just started and there're still 2 hours left 'till the New York will open. No news until 19:30, too, so I hope the AudUsd will continue to go down.
Plus, there's a possible sell entry happening right now on H4.
The TDI is curling a little, but the 1H candle just started and there're still 2 hours left 'till the New York will open. No news until 19:30, too, so I hope the AudUsd will continue to go down.
Plus, there's a possible sell entry happening right now on H4.
Using the RobotFX EAs for a while https://www.robotfx.org/
- #58,891
- Jul 17, 2015 5:14am Jul 17, 2015 5:14am
{quote} You are new here. I have been on this thread and trading TMS when Big E was still around and some legendary traders like Dcginc, X-Man, Scorps, Britpips etc were still contributing to the thread and that is like forever. TMS is a trading frame work which anyone can modify to his own trading style. Those two indis are corner stones in my TMS trading. So let the seniors talk, not you who just found this forum few days back.
And btw, dont throw the 'senior' card. - especially when you only have made 11 post in the trading made simple thread.
- There is a lot of different traders in this thread, some new, some very experienced. - But we are here to help eachother, so dont brag about with your senior nonsense.
Happy trading
M
MY SITTING, NEVER MY THINKING!
- #58,892
- Jul 17, 2015 5:17am Jul 17, 2015 5:17am
I thought to share my 1st trade here, since I've started to learn this trading system. The TDI is curling a little, but the 1H candle just started and there're still 2 hours left 'till the New York will open. No news until 19:30, too, so I hope the AudUsd will continue to go down. Plus, there's a possible sell entry happening right now on H4. {image}
- #58,893
- Jul 17, 2015 5:20am Jul 17, 2015 5:20am
- Joined Nov 2008 | Status: Trader | 50,194 Posts | Online Now
I thought to share my 1st trade here, since I've started to learn this trading system. The TDI is curling a little, but the 1H candle just started and there're still 2 hours left 'till the New York will open. No news until 19:30, too, so I hope the AudUsd will continue to go down. Plus, there's a possible sell entry happening right now on H4. {image}
Hi,
H4 looking very good with a MC[3] breakout candle. M15 may retrace but lets watch how far is this retracement before it turn back down. We have today DOL and on M15 the 50EMA and 200EMA above as our resistance.
manage this well and you may get some good pips.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #58,895
- Jul 17, 2015 6:16am Jul 17, 2015 6:16am
{quote} Hi,
Maybe later, at the US opening, it will bounce back down.
Using the RobotFX EAs for a while https://www.robotfx.org/
- #58,896
- Jul 17, 2015 6:18am Jul 17, 2015 6:18am
The Day start with a Scalp Winner. But i got flufeeling bad I think i go to sleep, its 02.32 here in the paradise. Wish you Guys a nice Weeknd and good luck. {image} Lazy
I like how you show us your lots and profit.
- #58,897
- Jul 17, 2015 6:33am Jul 17, 2015 6:33am
Guys.... GBPUSD Double top and TDI on TF H1 is below 5MA already. Will it a sell signal? Please share your oppinion. {image} {image}
Only just seen this. Good call on the H1 if you entered on the close of the APB. Should have got you about 30 pips as the BRN 1.560 was the stopper with heavy S/R. If you see something like that developing again drop down to the M15 and look for a setup as you should pick up more pips for a smaller SL.
Hope you took the trade as 30 pips on a Friday is always good
Never argue with a fool; onlookers may not be able to tell the difference.
- #58,898
- Jul 17, 2015 8:12am Jul 17, 2015 8:12am
{quote} Hi Amao, Only just seen this. Good call on the H1 if you entered on the close of the APB. Should have got you about 30 pips as the BRN 1.560 was the stopper with heavy S/R. If you see something like that developing again drop down to the M15 and look for a setup as you should pick up more pips for a smaller SL. Hope you took the trade as 30 pips on a Friday is always good
However I am still confused with DOL, the GBPUSD set up is upper the DOL. Should or should not I open sell position? When I should open a position according to the direction of price compare to DOL.
Do you ever consider the DOL? Please advise.
- #58,899
- Jul 17, 2015 8:42am Jul 17, 2015 8:42am
- Joined Sep 2008 | Status: Verry good | 1,267 Posts
Just an opinion. Based on research
- #58,900
- Jul 17, 2015 8:42am Jul 17, 2015 8:42am
{quote} Hi Lookleft, thanks for your comment... Yes, I will closed it now because it is Friday... 30 pips is great for me....
The basic rule is to trade away from the DOL. However, if price has room to move before hitting the DOL (like GBPUSD today) there is nothing to stop you setting your TP at DOL and taking the 25 - 30 pips. If you look at the trade you can see that it bounced on the BRN and DOL before the US news pushed it lower to the 200ema.
Glad you got your pips
Never argue with a fool; onlookers may not be able to tell the difference.