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Trading Made Simple

  • #59,741
  • Aug 19, 2015 7:18pm Aug 19, 2015 7:18pm
Quoting emmanuel7788
EURCAD week 34 D1 chart 19 Aug: Some TDI crosses are not good to trade as setup. {image}
EURCAD D chart trades 19 Aug:

Took 4 trades in lower TF H4, and averaging up. Following the higher TF trend.


Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD week 34 D1 chart 19 Aug trades.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,742
  • Aug 19, 2015 7:21pm Aug 19, 2015 7:21pm
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}
Very nice Adam. Strong trades bro
  • #59,743
  • Aug 19, 2015 7:25pm Aug 19, 2015 7:25pm
Quoting emmanuel7788
{quote} GBPUSD Week 34 D1 chart update: Its Buy only today and good for 70pips when it re-test 1.5717... yesterday' high. More upside move... {image} Be careful with H1 London session today as usual ... you cannot see those "hidden gems" on naked charts. Trade Well.
GBPUSD D chart trades 20 Aug:

yesterday things got slower with FOMC, but now target 1.5717 still in sight not too far away.
Look for the break upwards... June High 1.5927


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD week 34 D1 chart trades 20 Aug.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,744
  • Aug 19, 2015 7:28pm Aug 19, 2015 7:28pm
Quoting Ballistical
{quote} 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 {image}

Folks,

Look at his chart.

Good clean chart, you see a lot more with much less on your charts.
Keep it simple by keeping your charts clean and free from clutter. Just one TDI that's all you need.
Do your own visual back-testing and learn from your history charts and interpret what post#647 means.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,745
  • Aug 19, 2015 7:29pm Aug 19, 2015 7:29pm
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}
Very nicely executed trades... I LIKE
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,746
  • Aug 19, 2015 7:31pm Aug 19, 2015 7:31pm
Quoting farhad10
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 : {image} {image} {image} {image} {image}

yes, these type of candles with long wicks are common on H1 and below, even on H4.
Therefore I move up to D1 chart and trade and I don't get stressed with such long wicks candles.
Trading the D1 chart requires a different Extry and Exit Strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,747
  • Edited 8:19pm Aug 19, 2015 8:00pm | Edited 8:19pm
Quoting B1h1
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...

Hi,

1) Not sure what your problem is. You just need to cpoy those MT4 indicators and templates to the correct folder.
Look for the MQL4 folder in your FXCM installed MT4 platform.

Indicators copy to the MT4/MQL4/Indcators folder

*Templates copy to the MT4/templates folder.

Attached Image


2) I look at the MN, W1, D1, H4, H1 and M15. Skip the M30, M5 and M1.
To do multi-time frame analysis, it is better to use the TF ratio 4:1...
4xM15 candles make one H1
4xH1 candles make one H4
This is why many of us use the 10EMA, 50EMA, 200EMA.

3) No. You cannot use the TDI levels in that manner. It depends on the higher TF price action- the price momentum strength, volatility and range.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,748
  • Aug 19, 2015 11:30pm Aug 19, 2015 11:30pm
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

Gold entered the 2nd zone between 1135 to 1150 !
after touching 1150 will go south for touching 1050 !

After breaking 1130, entered long for 50 pips tat hit !
Both 50 and 200 ma's were coming up.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD#M30.png Size: 68 KB
  • #59,749
  • Aug 19, 2015 11:48pm Aug 19, 2015 11:48pm
E/G -15 pips

Yesterday fried again with - 15 pips because of those kinds of candles that talked about !
Of course my trade was aggressive an i was late but after the second candle that touched the lower band of PAC, stayed in trade because of H4 confirmation but suddenly that candle with long wicks fried me !
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP#M15.png Size: 68 KB
  • #59,750
  • Aug 20, 2015 12:40am Aug 20, 2015 12:40am
So many traders are coming to this thread and use this method but just 4 or 5 traders are putting their trades here ?!

Why don't you participate this thread putting your trades ? Even loser trades!

Please come and put your trades.
All of us are indebted to BIG E . So please start today !
I my self can put my trades at the other m30 topic by likica TMS for M30 charts because I'm trading m30 and h4 but Because of ERIC, I don't want to do that.

Best regards.
Thank you all
  • #59,751
  • Aug 20, 2015 1:22am Aug 20, 2015 1:22am
Quoting emmanuel7788
{quote} Folks, Look at his chart. Good clean chart, you see a lot more with much less on your charts. Keep it simple by keeping your charts clean and free from clutter. Just one TDI that's all you need. Do your own visual back-testing and learn from your history charts and interpret what post#647 means. regards,
Couldn't agree more Emmanuel,

When it comes to indicator's, less is definitely more!

I didn't start learning until I began reading PA using TMS to confirm
Focus on the process and the profits will follow
  • #59,752
  • Aug 20, 2015 1:50am Aug 20, 2015 1:50am
Quoting emmanuel7788
{quote} H, AUDUSD is sideways. On your H1 chart, we can see is a Day Inside Bar on 13 Aug, the Mother Bar is the 12 Aug. Best to trade lower TF H1 and M15 with target set at the D1 WRB Low {image}

AU fell as Sydney ASX closed....Asian market slide...

AUDUSD we have the breakout opportunity posted earlier.


EA and GA rally.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,753
  • Aug 20, 2015 2:15am Aug 20, 2015 2:15am
EURAUD-H4
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD-H4.png Size: 45 KB
Sad i'm not trying to understand PA
  • #59,754
  • Aug 20, 2015 2:17am Aug 20, 2015 2:17am
Quoting omonisha
EURAUD-H4 {image}

You could have average up your positions...."Let Profits Run"
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,755
  • Aug 20, 2015 2:28am Aug 20, 2015 2:28am
Quoting emmanuel7788
{quote} AU fell as Sydney ASX closed....Asian market slide... AUDUSD we have the breakout opportunity posted earlier. EA and GA rally.
  • #59,756
  • Aug 20, 2015 2:40am Aug 20, 2015 2:40am
Quoting farhad10
So many traders are coming to this thread and use this method but just 4 or 5 traders are putting their trades here ?! Why don't you participate this thread putting your trades ? Even loser trades! Please come and put your trades. All of us are indebted to BIG E . So please start today ! I my self can put my trades at the other m30 topic by likica TMS for M30 charts because I'm trading m30 and h4 but Because of ERIC, I don't want to do that. Best regards. Thank you all

Hi farhad,

Well, my view is that the members here are generally shy to post in forums and more serious in their own trading and they do not like a lot of chatter when they are trading.
I get many PMs from members who do not post here and some are very new members who never posted anything but they ask many questions in their PMs.
There are varied reasons why they do not post.
1. the language is a barrier, as many feel they do not write English well,
2. they do not fully understand the trading method here and are afraid to ask questions feeling that they will slow down the discussions,
3. some are put off by the huge number of posts and are afraid to be told to read from post#1, so they ask using PMs,
4. some feel that they are not up to the level of many traders posting here and they need time to learn passively,
5. some just come to read this forum and look for trading tips and never participate in any small talk.

But, gauging from the many PMs I got, many expressed their gratitude for the sharing by the experience traders here. I can safely say this thread has help many people lean to trade and to trade with the 5-Method.

My appeal to all reading this thread is to be active involve in discussions and keep regular reading and be up to date with the developments. Never mind the English language and do not apologise for "bad English" which I read often. Just post your chart and ask questions, make comments, etc. the charts is our common language. That is is the best way to learn. I too learn a lot when I help reply and answer many of your questions.. I help you and you actually helped me for the past years. I can only get better with your involvement in asking questions and discussions. I say thank you to all for being a part of my trading journey.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,757
  • Aug 20, 2015 3:15am Aug 20, 2015 3:15am
Quoting emmanuel7788
{quote} Hi farhad, Well, my view is that the members here are generally shy to post in forums and more serious in their own trading and they do not like a lot of chatter when they are trading. I get many PMs from members who do not post here and some are very new members who never posted anything but they ask many questions in their PMs. There are varied reasons why they do not post. 1. the language is a barrier, as many feel they do not write English well, 2. they do not fully understand the trading method here and are afraid to ask questions feeling...
Agreed.
  • #59,758
  • Aug 20, 2015 3:19am Aug 20, 2015 3:19am
Quoting emmanuel7788
{quote} EURCAD D chart trades 19 Aug: Took 4 trades in lower TF H4, and averaging up. Following the higher TF trend. {image}
Emmanuel,

I'd love to see your entries on a shorter time frame. I hope this is possible!

What is the level you are targeting with this trade? Do you agree with the lines drawn on my chart?

Best,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2015-08-20 10.15.55.png Size: 36 KB
  • #59,759
  • Aug 20, 2015 3:39am Aug 20, 2015 3:39am
Quoting tibovwh
{quote} Emmanuel, I'd love to see your entries on a shorter time frame. I hope this is possible! What is the level you are targeting with this trade? Do you agree with the lines drawn on my chart? Best, {image}

Ok, here the trade entries seen in H1 but the first entry was made in H4 setup.

at 50pips grid, I took profit and re-entry using new risk and bigger position size.

the next target is 1.4700 and 1.4780, expect some slow down. The next big target is 1.5000.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD week 34 D1 chart 19 Aug trades in H1.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,760
  • Aug 20, 2015 3:44am Aug 20, 2015 3:44am
Strong USD...I don't know what happended or going to happen, but the safe haven USD rally.
three Amigos riding in the same direction and USDCAD sees the same.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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