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Trading Made Simple

  • #61,921
  • Oct 22, 2015 9:30am Oct 22, 2015 9:30am
Quoting adikashyap
{quote} Had been travelling and could not reply earlier. Sorry for that ... Observe the charts and explanations ... Feel free to ask any doubts ... we are all here to learn and prosper together ... {image} {image} {image}
Hi Adi,

Thank you very much for the reply. Now it is our turn to look at your posts and study properly.

Cheers,

okoso
  • #61,922
  • Oct 22, 2015 9:33am Oct 22, 2015 9:33am
what is the latest?
did not want to wait for latest 1H to close ... trying to save 30 Min's ...
went to 15M chart ... a bullish Doji 1st ... next 15M closed right on ema 200 ... went long ...
Attached Image (click to enlarge)
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  • #61,923
  • Oct 22, 2015 9:33am Oct 22, 2015 9:33am
Everyone, why eur crosses moved so big? Has anyone profited from those moves with TMS method?

cheers,

okoso
  • #61,924
  • Oct 22, 2015 9:41am Oct 22, 2015 9:41am
Quoting adikashyap
{quote} 89 adaptive EMA .... changes color depending on the trend ... Green for uptrend ... Red for down trend ... yellow for consolidation .....
Thank u adi. Have u stopped using 10 ema? I'm not seeing it on your chart these days.
Winners Never Quit, Quitters Never Win
  • #61,925
  • Oct 22, 2015 9:48am Oct 22, 2015 9:48am
Quoting hsn100
{quote} Thank u adi. Have u stopped using 10 ema? I'm not seeing it on your chart these days.
If you have observed my charts 6 months ago, I had so many Indi's to be perfect ... which actually hurt my profit % ...
Now, i do nt have anything ... WHICH DOES NOT HELP ME ... IN ANY WAY ..
Cleaner ... Simpler charts ... More profits ........
  • #61,926
  • Oct 22, 2015 10:01am Oct 22, 2015 10:01am
Quoting adikashyap
{quote} If you have observed my charts 6 months ago, I had so many Indi's to be perfect ... which actually hurt my profit % ... Now, i do nt have anything ... WHICH DOES NOT HELP ME ... IN ANY WAY .. Cleaner ... Simpler charts ... More profits ........
yes you're absolutely right and i know you've gradually removed the indie's and now your charts are more cleaner. BigE also disliked when in those times some traders tried to add indie's, he was so against using the indicators.
Winners Never Quit, Quitters Never Win
  • #61,927
  • Oct 22, 2015 10:02am Oct 22, 2015 10:02am
Trading gold with Divergence +71 pips in 3 positions
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #61,928
  • Oct 22, 2015 10:03am Oct 22, 2015 10:03am
Latest on GA ...
I took Long trade on 15M ... 30 Mins ago ...
What does 1H candle do? Observe where it closes ... Above my trendline ... Trend Line Rejection ...
Why no SL? when I'm observing / following a trade, I won't have any SL ...
Attached Image (click to enlarge)
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  • #61,929
  • Oct 22, 2015 10:55am Oct 22, 2015 10:55am
I am beginning to feel this market is hunting me.
Can someone paste their losing trades also.
All I see is win all day,

Regards,
Festus
Motivation is what gets you started. Habit is what keeps you going
  • #61,930
  • Oct 22, 2015 11:14am Oct 22, 2015 11:14am
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
Quoting stefan17
{quote} I'm still in this trade, think it can go down some few pips more
Yes you are right, but hit now range week low

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPWeekly.png Size: 79 KB



green pips
from level to level - you need mental strength to reach the summit
  • #61,931
  • Oct 22, 2015 11:25am Oct 22, 2015 11:25am
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
EURCAD #61806

make amount pips playing this pair

hope others too
from level to level - you need mental strength to reach the summit
  • #61,932
  • Oct 22, 2015 11:31am Oct 22, 2015 11:31am
Quoting TheScorpS
Trading gold with Divergence +71 pips in 3 positions {image}
Hi Tss

Be careful of buying Gold !

Gold is going to complete it's 5 wave in the channel an I think it will fall to 1120 That is also the bottom of the channel and 61 Fibo !

regards
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD#Daily.png Size: 59 KB
  • #61,933
  • Edited 5:23pm Oct 22, 2015 4:43pm | Edited 5:23pm
Arfff , Eur/Usd i wrong to close all short position , i think that it can go down for more pips .
I think it can breack down the daily support and channel
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 140 KB


I like Nzd/Cad :
Daily TDI in OB
H4 TDI divergence
Lower TF good

Attached Image (click to enlarge)
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I short with low size becouse i have big spread and big SL (70 pips) , but if it will have good sings i'll take all short possible.
Good Luck
  • #61,934
  • Oct 22, 2015 5:21pm Oct 22, 2015 5:21pm
Quoting LvCa
Arfff , Eur/Usd i wrong to close all short position , i think that it can go down for more pips . I think it can breack down the daily support and channel {image}
Hi LvCa,

Very good to look at multiple timeframes especially the Weekly to see the bigger picture. The Monthly is sideways for several months.
The weekly support trendline you have is good. I will use that to see if that support holds otherwise I will continue to look for sell on the day chart.
We have to see how it trade on the daily basis and update our view day by day looking at the charts.
I know we cannot avoid thinking, but try not to think too much as to where price can go because it will influence our mental bias in the trading process.

Good trading days ahead for Euro pairs.... market volatility is our friend.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #61,935
  • Oct 22, 2015 5:26pm Oct 22, 2015 5:26pm
Hi all,

EUR weakness across the board today due to mister Draghi... I think today might be an important indication for tomorrows and especially next week's trading plan. I would love to hear your thoughts on the 4 EUR pairs (See attachment).

What is the best sell signal for D1?

What pairs to would you trade next week and how would you approach this?

EURNZD:
Yesterday's candle is a WRB but closed below August MC low and below 200EMA after previously bouncing off the august MC shortly. The TDI only barely crossing on today's new candle however. The cross is in oversold territory.

EURAUD:
Yesterday's candle is an OB and closed below 5EMA/50EMA and below D1 WRB and D1 trendline. To the downside there is some structure on the left (1.52) , 200EMA (1.50) and August MC low (1.47). TDI crossing below MBL with nice separation and not yet oversold. I prefer this signal to EURNZD imo.

EURUSD:
Yesterday's candle is a WRB closing below all EMA's and Weekly WRB. The TDI cross happened last week however and MPL has run down quite a bit. We're not oversold yet however.

EURJPY:
Yesterdays candle is WRB closing below D1 WRB/MC, W1 MC, below short term trendline and below EMA's. September MC low is at 132.20. Definatly bearish on this one too. Signal occured last week also but still some room ?

For tomorrow and next week I will try to look for short opportunities here. I will look for both 1H and 4H signals. Do you think this move can continue or will we have consolidation first?

Best,
Attached Image (click to enlarge)
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  • #61,936
  • Oct 22, 2015 5:31pm Oct 22, 2015 5:31pm
Quoting farhad10
{quote} Hi Tss Be careful of buying Gold ! Gold is going to complete it's 5 wave in the channel an I think it will fall to 1120 That is also the bottom of the channel and 61 Fibo ! regards {image}

Hi,

Good to trade XAU on the Day charts and trade it like who you would trade the stocks & commodities. EOD trading work is better than trying to trade intraday which is more speculative and create a lot of market noise.

Gold is on a rally breaking Sep and August highs and recent days we seen correction which shows up in the weekly as consolidation week. Your rising channel provides a good view and the price swings. The market sentiments is still bullish and support is 1160.00

Good trading!

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #61,937
  • Oct 22, 2015 5:35pm Oct 22, 2015 5:35pm
I will also keep an eye on GU. Wednesday was a TDI cross but only Thursday crossed 5EMA. However, as we are in D1 WRB it is not really a signal. We are still near the high of the WRB and I'm seeing some hidden divergence on the TDI indicating a continuation of the move down. So I will look at GU signal on lower timeframes and target atleast the 1.52500 level.

Would love to hear what you think about this pair. Many have been bullish over the last few I think?

Best,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2015-10-23 01.30.05.png Size: 112 KB
  • #61,938
  • Oct 22, 2015 5:44pm Oct 22, 2015 5:44pm
Quoting tibovwh
Hi all, EUR weakness across the board today due to mister Draghi... I think today might be an important indication for tomorrows and especially next week's trading plan. I would love to hear your thoughts on the 4 EUR pairs (See attachment). What is the best sell signal for D1? What pairs to would you trade next week and how would you approach this? EURNZD: Yesterday's candle is a WRB but closed below August MC low and below 200EMA after previously bouncing off the august MC shortly. The TDI only barely crossing on today's new candle however. The...

Hi,

tibovwh. Very good share here. Thanks!.

Looking at the Weekly of these pairs - EURUSD, EURAUD, EURNZD, EURCAD and EURJPY, they are all bearish. These are good for selling with ME/ME and using small % risk and build positions.

Entry is always tricky just like GBPUSD yesterday. I saw a bearish Wednesday, so I look for sell yesterday. I said sell high but how high is high. You look at your intraday chart H1 or M15, where do you see a high price TMS setup?

Next week, it is sell for EURxxx pairs. More details this weekend after our planning session London 1500hour.

have a fun trading day today, it's Friday and short term traders take profits, other cut their losses and exit the markets.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #61,939
  • Oct 22, 2015 5:46pm Oct 22, 2015 5:46pm
Quoting emmanuel7788
{quote} Hi LvCa, Very good to look at multiple timeframes especially the Weekly to see the bigger picture. The Monthly is sideways for several months. The weekly support trendline you have is good. I will use that to see if that support holds otherwise I will continue to look for sell on the day chart. We have to see how it trade on the daily basis and update our view day by day looking at the charts. I know we cannot avoid thinking, but try not to think too much as to where price can go because it will influence our mental bias in the trading process....
Hi Emmanuel you are right , dont' try too much as to where price can go .
Unfurtanely i don't know english very well and i can't tell what i think :-(
Thank you.
  • #61,940
  • Oct 22, 2015 6:06pm Oct 22, 2015 6:06pm
Quoting tibovwh
I will also keep an eye on GU. Wednesday was a TDI cross but only Thursday crossed 5EMA. However, as we are in D1 WRB it is not really a signal. We are still near the high of the WRB and I'm seeing some hidden divergence on the TDI indicating a continuation of the move down. So I will look at GU signal on lower timeframes and target atleast the 1.52500 level. Would love to hear what you think about this pair. Many have been bullish over the last few I think? Best, {image}

GBPUSD 23 Oct:

today will be intraday trading on H1 / M15 only.
I know a few managed to sell after that high was tested yesterday.
That took many days of stalking this pair and it down to the timing and that needed some event move it.

Today, we look at some selling but limit to intraday trading. Close at or before London close and start your weekend.
best case, it would test 1.5350 , take what the market give you and walk away. Don't forget to say thanks to the market.
worst case, you take a loss and walk away if it puulback before breaking yesterday' low.

trade well.

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD week 43 23 Oct D1 chart.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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