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  • #59,721
  • Aug 19, 2015 4:15am Aug 19, 2015 4:15am
Quoting farhad10
{quote} No there are two supp toward sell trade 1. DOL 2. prev D low + H4 not confirmed SELL trade ! If break no 1, 2 with good momentum, YES I SELL for 136.90 that is Fib 50 ! Thanks for reply Emman Regards

Yes, I see the DOL but when I saw my chart just now before I post, the H1 PA move away from the 50 and 200EMA which is a prefect setup on H1.
There is room for 20pips to the DOL.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY H1 LO 19Aug.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,722
  • Aug 19, 2015 4:22am Aug 19, 2015 4:22am
Quoting emmanuel7788
{quote} Yes, I see the DOL but when I saw my chart just now before I post, the H1 PA move away from the 50 and 200EMA which is a prefect setup on H1. There is room for 20pips to the DOL.
You are right about 20 pips but:
I want a trade that make my mind safe !
Always trade with h4 confirmation toward trend. seldom counter trend trade. TDI in H4 tf is Bull so I won't sell now.
Look at blue rectangle !

P.S: I always trade m30 with H4
Attached Image (click to enlarge)
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  • #59,723
  • Aug 19, 2015 9:01am Aug 19, 2015 9:01am
Nowadays these type of candles are increasing in Forex !
I don't know why but am afraid of the future of Forex ! Just want to hit the stops !

Look at the pics :
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GOLD#M30.png Size: 71 KB
Click to Enlarge Name: EURGBP#M30.png Size: 71 KB
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  • #59,724
  • Aug 19, 2015 9:12am Aug 19, 2015 9:12am
Am fried with these kinds of candles in the first trade with -33 pips !
Why? because they are made for this purpose !
second trade goes for + 50 pips and took my revenge from the market !
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD #M30.png Size: 72 KB
  • #59,725
  • Aug 19, 2015 9:19am Aug 19, 2015 9:19am
Quoting farhad10
Am fried with these kinds of candles in the first trade with -33 pips ! Why? because they are made for this purpose ! second trade goes for + 50 pips and took my revenge from the market ! {image}
Red news for USD pairs.
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  • #59,726
  • Aug 19, 2015 9:21am Aug 19, 2015 9:21am
Better to wait at least 30 min after red news.
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  • #59,727
  • Aug 19, 2015 9:27am Aug 19, 2015 9:27am
Quoting farhad10
Am fried with these kinds of candles in the first trade with -33 pips ! Why? because they are made for this purpose ! second trade goes for + 50 pips and took my revenge from the market ! {image}
Here hope this EW analysis helps, took it right on the breakout after news subside, +50 pips as well with TDI bounce above MBL
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #59,728
  • Aug 19, 2015 10:16am Aug 19, 2015 10:16am
Quoting sEit89
{quote} Red news for USD pairs. {image}
sEit89;

Today news was an exception. there are many of these candles around!
I told about this generally.

regards
  • #59,729
  • Aug 19, 2015 10:24am Aug 19, 2015 10:24am
Quoting TheScorpS
{quote} Here hope this EW analysis helps, took it right on the breakout after news subside, +50 pips as well with TDI bounce above MBL {image}
Hi mate

Yes I think the power of bull trend is to be ended because it was for the third time that price wanted to go up. 1130 was first target that touched. I my self will go bearish for gold in future for 1050 for completing wave 5 as said before.
Target 2 is between 1135 to 1150. lets see how price will act .

regards
  • #59,730
  • Aug 19, 2015 10:33am Aug 19, 2015 10:33am
G/J m30 trade with +35 pips

trade took with confirmation of h4 .
Red and Mbl were coming down.
Green bounce from red.
Target was 50 ma at H4.

Rip Big E. trade it as simple as possible.
Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY#M30.png Size: 65 KB
  • #59,731
  • Aug 19, 2015 10:34am Aug 19, 2015 10:34am
Quoting farhad10
{quote} Hi mate Yes I think the power of bull trend is to be ended because it was for the third time that price wanted to go up. 1130 was first target that touched. I my self will go bearish for gold in future for 1050 for completing wave 5 as said before. Target 2 is between 1135 to 1150. lets see how price will act . regards
Today FOMC as well, so will be watching what pairs does at the time, good luck for all
I Have Learned to Take Some Losses to Make Profits
  • #59,732
  • Aug 19, 2015 11:03am Aug 19, 2015 11:03am
Quoting farhad10
G/J m30 trade with +35 pips trade took with confirmation of h4 . Red and Mbl were coming down. Green bounce from red. Target was 50 ma at H4. Rip Big E. trade it as simple as possible. Regards. {image}
well done, simple and Rip Big E
I Have Learned to Take Some Losses to Make Profits
  • #59,733
  • Aug 19, 2015 11:14am Aug 19, 2015 11:14am
Quoting farhad10
G/J m30 trade with +35 pips trade took with confirmation of h4 . Red and Mbl were coming down. Green bounce from red. Target was 50 ma at H4. Rip Big E. trade it as simple as possible. Regards. {image}
Hi, Farhad! Hi, everyone!

Would you mind explaining exactly what you meant by "trade took with confirmation of h4"? On my broker, on H4 I see TDI was not not quite ok for the last closed candle and the last HA closed candle is a doji HA, so not so much decision for bearish trades.
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  • #59,734
  • Aug 19, 2015 11:22am Aug 19, 2015 11:22am
Quoting catalin_eros
{quote} Hi, Farhad! Hi, everyone! Would you mind explaining exactly what you meant by "trade took with confirmation of h4"? On my broker, on H4 I see TDI was not not quite ok for the last closed candle and the last HA closed candle is a doji HA, so not so much decision for bearish trades. {image}
catalin_eros;

Look at the pic.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY#H4.png Size: 96 KB
  • #59,735
  • Aug 19, 2015 11:58am Aug 19, 2015 11:58am
Quoting farhad10
{quote} catalin_eros; Look at the pic. Regards {image}
Yeah, but you traded the live candle. That scares me, because a live candle can turn anytime. If the second red candle (the live one) closed bullish, the TDI would have probably been crossing up. Sorry for the questions, I am only trying to understand better!
  • #59,736
  • Aug 19, 2015 12:19pm Aug 19, 2015 12:19pm
Quoting catalin_eros
{quote} Yeah, but you traded the live candle. That scares me, because a live candle can turn anytime. If the second red candle (the live one) closed bullish, the TDI would have probably been crossing up. Sorry for the questions, I am only trying to understand better!
catalin_eros;

There would be no scares if you choose the right trade!
there is good momentum and good angle of bounce and the other reasons said in the pic!

please read this post and the PDF attached in

  1. Post 59,341


Regards

  • #59,737
  • Aug 19, 2015 1:17pm Aug 19, 2015 1:17pm
Quoting emmanuel7788
{quote} very good clean chart... no TDI, no APB/HA. Simple price action trading. Breaking July' High would be good for CONTINUATION.
Thanks EMU. Just trying. Learning a lot from you
Sad i'm not trying to understand PA
  • #59,738
  • Aug 19, 2015 1:58pm Aug 19, 2015 1:58pm
Hi all,

Hope your all doing well, thought I'd post some recent 1H EA trades.... all the best.

https://charts.mql5.com/8/613/euraud...ader-ltd-3.png
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  • #59,739
  • Aug 19, 2015 3:26pm Aug 19, 2015 3:26pm
Hi Emmanuel ... and everyone else as well. This is my first post, although I have been following this thread now for about 2 months. First I would like to thank all of you that are making such a great effort to keep Big E's system alive and taking the time to teach all of the new guys. It's very commendable! I have read thousands of entries on here and just recently started testing this system with some really great results, and a few hiccups but those were mostly due to lack of experience I believe. That being said, I have a few questions I'm hoping someone can help me with. Forgive me if the answers have already posted as no doubt they have, but I haven't come across them yet, or possibly missed/misunderstood.

1. I am using FXCM as my trading station and I have not been able to import the Synergy Indicators. I have downloaded the zip package numerous times and also the tpl file I have seen. So I have the ex4. file and the tpl and still can't figure out how to get them to work. I'm not super familiar with doing this type of thing, so if someone out there could help me out, that would be fantastic.

2. When you are setting up your chart how many periods are you looking at in the 30min, 1H, and 4H? The reason I ask is that this changes the TDI graph and the incline/decline of the green line crossing over the red. For examlple, the 1H at 2 days is much flatter than 5 or 10 or 20.

3. Is it still ok to enter a long or short trade if the TDI is above/below the 50 - 68/ 50 - 32?

If someone could help me out with these I would really appreciate it. Again, it's great to see everyone helping us newbies.
Good trades to all
B
  • #59,740
  • Aug 19, 2015 3:35pm Aug 19, 2015 3:35pm
Quoting adamjhdavis
Hi all, Hope your all doing well, thought I'd post some recent 1H EA trades.... all the best. https://charts.mql5.com/8/613/euraud...ader-ltd-3.png {image}
Nice catches there Adam, good job!

My London entry was a little too conservative today and ended at BE

Caught +50 during NY but waited for the news candle to pass. Once it re-tested the London low and pulled back to close blue it was a no-brainer.

Keep up the green pips!

Ballistical
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-08-19 at 21.31.18.png Size: 59 KB
Focus on the process and the profits will follow
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