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Trading Made Simple

  • #60,921
  • Sep 28, 2015 8:13pm Sep 28, 2015 8:13pm
Quoting Napster
Hello Guys, I`am new member in this Thread and this is my first post I am following this strategy since three weeks,here is below a good chance in USD/JPY to entry respects the rules of this strategy with adding megafx indicator: Screenshot2.png waiting for your feedback Thanks and Best Regards {image}

Hi Napster,

You do not need the magafx indicator because the TDI is the heart of this 5-Method and it will make trading simple when we follow Post#647.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,922
  • Sep 28, 2015 9:12pm Sep 28, 2015 9:12pm
Quoting Napster
Hello Guys, I`am new member in this Thread and this is my first post I am following this strategy since three weeks,here is below a good chance in USD/JPY to entry respects the rules of this strategy with adding megafx indicator: Screenshot2.png waiting for your feedback Thanks and Best Regards {image}
megafx is repaint indicator, I think

Is it right?
  • #60,923
  • Sep 28, 2015 9:26pm Sep 28, 2015 9:26pm
Quoting emmanuel7788
Two more H4 trades closed. Entry following a conservative approach - setup candle close above the 5EMA, TDI cross and Stoch confirm. But no exit when TDI goes flat. {image} {image}
Hi, Emmanual.

With 5 EMA which version of APB do you use? Can you please tell me the indicator?

Cheers,
  • #60,924
  • Sep 28, 2015 9:43pm Sep 28, 2015 9:43pm
Quoting okoso
{quote} Hi, Emmanual. With 5 EMA which version of APB do you use? Can you please tell me the indicator? Cheers,

hi okoso,

the 5-Method uses the 5 Exponential Moving Average set to Typical Price, with Shift+3.

Attached Image (click to enlarge)
Click to Enlarge Name: 5EMA Typical shift3.png Size: 47 KB


This way in using shift is also known as 'Displaced Moving Average' or DMA. Google this keyword and you will find some good reading resources about the use of DMA. Many trading systems are built around using this DMA.

For new traders, I recommend they use the Synergy_Pro-APB which has the PAC included. This PAC is build around the 9EMA with volatility factor added to the 9EMA to create the price channel. This is a good 'filter' to pick the setup candle which closes across the PAC.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,925
  • Sep 28, 2015 10:05pm Sep 28, 2015 10:05pm
EA long yesterday, didn't have much time to post it , LO set the low and formed a pullback candle, took entry on the new H1 APB candle , took sometime before it hits TP at NYO opens
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #60,926
  • Sep 29, 2015 12:24am Sep 29, 2015 12:24am
EURJPY 29 Sep H4 pre-FO

the current H4 will close 2 hours London Open, will there be a sell setup candle? what are the risks?

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 29 Sep H4 GMT0517.png Size: 63 KB


what is another possibility to trade this pair today?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,927
  • Sep 29, 2015 2:32am Sep 29, 2015 2:32am
Quoting yuki0912
{quote} megafx is repaint indicator, I think Is it right?
Most likely, just like many other super-mega-extra indicators. I've tried a lot of them, hoping one of them will prove to be the most coveted Holy Grail of forex. In the end, it was all just a big waist of time, when I could have just be focusing on improving PA skills. Years wasted and gone to the drain.
  • #60,928
  • Sep 29, 2015 2:37am Sep 29, 2015 2:37am
Quoting emmanuel7788
EURJPY 29 Sep H4 pre-FO the current H4 will close 2 hours London Open, will there be a sell setup candle? what are the risks? {image} what is another possibility to trade this pair today?
Small candles, the upper and lower shadows, TDI around the 50 level, price between levels 134.0-135.0 - the market consolidates. No entry points.
Is it only if the candle closes up with a good size, with no lower shadow and green line will rebound from the red under good angle - then you can consider the long input

Thanks Emmanuel7788 for examples and comments
  • #60,929
  • Sep 29, 2015 2:48am Sep 29, 2015 2:48am
Quoting emmanuel7788
Two more H4 trades closed. Entry following a conservative approach - setup candle close above the 5EMA, TDI cross and Stoch confirm. But no exit when TDI goes flat. {image} {image}
Very nice, Big Emm!
I'd better start using the conservative approach, too, cause it looks like a lot of pips can be bagged with it, and the entry can be done later. So if first two candles are not confirmed by the TDI, there are also entry opportunities using the conservative style.
I'd like to ask if the trades you took on H4, using the conservative approach, were taken after confirming the direction with D1, or if you just traded the H4 alone.
Another question I'd like to ask you is how did you set the targets?
Thanks in advance, Big Emm!
  • #60,930
  • Sep 29, 2015 3:21am Sep 29, 2015 3:21am
I took a long on AU, H1, conservative approach, without confirming with the HTF. Let's see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: FF a.jpg Size: 163 KB

Double bottom spotted.
  • #60,931
  • Sep 29, 2015 3:29am Sep 29, 2015 3:29am
Big Emm,

Any reasons for the revival of the Stochastic indicator on your template? I was under the impression that it was discarded as it did not provide sufficient proof of trades being more accurate.

Zz
  • #60,932
  • Sep 29, 2015 4:03am Sep 29, 2015 4:03am
EURAUD-H1
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-09-29_15-01-31EURAUD-H1.png Size: 35 KB
Sad i'm not trying to understand PA
  • #60,933
  • Sep 29, 2015 5:19am Sep 29, 2015 5:19am
A couple more entries I have just made on H4.

AUD/USD Buy @ 0.69716
GBP/JPY Buy @ 181.989

The risk involved on both is that they are going against the 200MA, however both are bouncing of Weekly low and ADR low. I will trail the stops fairly tight.

I'm also keeping an eye on USD/JPY.

Yesterdays result was +179 pips. 4 trades, all winners.

I'm not cherry picking my trades and only showing winners - these are all live!

Dave
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 65 KB
Click to Enlarge Name: GBPJPYH4.png Size: 66 KB
  • #60,934
  • Sep 29, 2015 5:20am Sep 29, 2015 5:20am
Quoting emmanuel7788
EURJPY 29 Sep H4 pre-FO the current H4 will close 2 hours London Open, will there be a sell setup candle? what are the risks? {image} what is another possibility to trade this pair today?
Hi Mr.Emmanuel,

Good day sir, could you tell:-
1. What approach you using and what time frame you look for entering the trade?
2. During what session you will enter and close the trade?
3. What are the indicator you will use for analysing the market before entering the trade and closing the trade.



Looking forward for your reply.

Regards,
Jay
  • #60,935
  • Sep 29, 2015 5:23am Sep 29, 2015 5:23am
Quoting DaveWebb
A couple more entries I have just made on H4. AUD/USD Buy @ 0.69716 GBP/JPY Buy @ 181.989 The risk involved on both is that they are going against the 200MA, however both are bouncing of Weekly low and ADR low. I will trail the stops fairly tight. I'm also keeping an eye on USD/JPY. Yesterdays result was +179 pips. 4 trades, all winners. I'm not cherry picking my trades and only showing winners - these are all live! Dave {image} {image}
Good stuff Dave! How long have you been practicing this method? Gl managing your trades
  • #60,937
  • Sep 29, 2015 6:10am Sep 29, 2015 6:10am
Quoting DaveWebb
A couple more entries I have just made on H4. AUD/USD Buy @ 0.69716 GBP/JPY Buy @ 181.989 The risk involved on both is that they are going against the 200MA, however both are bouncing of Weekly low and ADR low. I will trail the stops fairly tight. I'm also keeping an eye on USD/JPY. Yesterdays result was +179 pips. 4 trades, all winners. I'm not cherry picking my trades and only showing winners - these are all live! Dave {image} {image}
Hi Dave,

Nice to see you making pips. Would you mind to share to tell the what are the indicator you used?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 246 KB
  • #60,938
  • Sep 29, 2015 6:11am Sep 29, 2015 6:11am
Quoting DaveWebb
Hidden
Hi Dave,

Thanks for the tips, its useful for newbie like me.

Regards
  • #60,939
  • Sep 29, 2015 6:17am Sep 29, 2015 6:17am
Quoting DaveWebb
Hidden
Hi Dave,

In what session/time you will place the trade and exit trade? GMT time?

Rgds
  • #60,940
  • Sep 29, 2015 6:22am Sep 29, 2015 6:22am
Quoting jay280584
{quote} Hi Dave, Nice to see you making pips. Would you mind to share to tell the what are the indicator you used? {image}
Here they are. Also use BN

I trade the London and New York Crica 6am - 6pm GMT
Attached Image
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