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  • #62,121
  • Oct 27, 2015 4:24am Oct 27, 2015 4:24am
AU 1H Asian range is 30 pips.

" (2) TOK_5H channel breakout. Quite similar to the SYD_2H range breakout, except this one I use the Tokyo first 5 hours range (40pips max) and trade when price action shows a breakout of the narrow TOK_5H range. "

How do you trade this breakout? Pending limit orders few pips above and below range? Or do you wait for a close on 15M?

Best,
  • #62,122
  • Oct 27, 2015 4:42am Oct 27, 2015 4:42am
Quoting emmanuel7788
GBPUSD H1 27 Oct 30 mine to UK GDP data release. PA hangs around 1.5350 but the data already known .... {image}
Are you looking to trade the GBP ?
  • #62,123
  • Oct 27, 2015 4:45am Oct 27, 2015 4:45am
GBPUSD H1 GDP data negative.
First spike hit last week' low and BRN 1.5300.
Now we look for sell opportunity.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,124
  • Oct 27, 2015 4:46am Oct 27, 2015 4:46am
Quoting jakelly
{quote} Are you looking to trade the GBP ?
I sold at the last H4 close before GDP release.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,125
  • Oct 27, 2015 4:47am Oct 27, 2015 4:47am
Quoting tibovwh
AU 1H Asian range is 30 pips. " (2) TOK_5H channel breakout. Quite similar to the SYD_2H range breakout, except this one I use the Tokyo first 5 hours range (40pips max) and trade when price action shows a breakout of the narrow TOK_5H range. " How do you trade this breakout? Pending limit orders few pips above and below range? Or do you wait for a close on 15M? Best,

I do not use limit order for initial trade entry.
Knowing the Asian high-low, we look for H1 setup now.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,126
  • Oct 27, 2015 5:25am Oct 27, 2015 5:25am
Quoting emmanuel7788
GBPUSD H1 GDP data negative. First spike hit last week' low and BRN 1.5300. Now we look for sell opportunity.
Pull-back to 1535 area & entry from the 1 hour ?

I am also looking to short the Euro, particularly the EU & EA as they may have hit the weekly high (broker TL & retraced); but feel that the markets will be a little sideways until the FOMC.
  • #62,127
  • Oct 27, 2015 7:22am Oct 27, 2015 7:22am
Quoting emmanuel7788
AUDUSD 27 Oct H4 ... one hour to the next new H4 candle. {image} watching closely this current H4 close and the TDI Red Green will hook back up if the price close higher than previous close.
Yes Emmanuel this will be the case with TDI RT as TDI Red Green is almost an identical to Trader Dynamic Indix, how do you like the TDI RT in ur trading ?

All these information regarding the differences are good and should be saved in a PDF for TMS as they can be in a great help, thanks for sharing and caring
I Have Learned to Take Some Losses to Make Profits
  • #62,128
  • Oct 27, 2015 7:44am Oct 27, 2015 7:44am
I have been trading rather poorly this week..

NZDUSD 1H. Narrow range in Asia. Price was breaking the highs with Green over red and accelerating. Would this be a valid PA entry?
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2015-10-27 14.41.30.png Size: 77 KB
  • #62,129
  • Oct 27, 2015 7:53am Oct 27, 2015 7:53am
finaly some win trade after a lot of lose
tdi green is bouncing down and price below 10 ema ( red line )
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB

+32 pip
anyone take this tradE?
Take What You Can , Give Nothing Back
  • #62,130
  • Oct 27, 2015 8:04am Oct 27, 2015 8:04am
Quoting emmanuel7788
{quote} If you have read the USDCAD Big Picture, this is how I trade the H4. Need patience ... {image}
USDCAD 27 Oct H4 add position as PA break previous week high


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD 27 Oct H4 close GMT1300 add.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,131
  • Oct 27, 2015 8:06am Oct 27, 2015 8:06am
AUDUSD 27 Oct H4,

looking to PA break today Asian low.


Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD 27 Oct H4 close GMT1300.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,132
  • Oct 27, 2015 8:10am Oct 27, 2015 8:10am
did somebody take short of usdchf
  • #62,133
  • Edited 7:03pm Oct 27, 2015 8:11am | Edited 7:03pm
Quoting Donquixote
finaly some win trade after a lot of lose tdi green is bouncing down and price below 10 ema ( red line ) {image} +32 pip anyone take this tradE?

When you trade the H4, you can get rid of the ADR on your H4 chart.
When we trade H1, we pay attention to the Day Open.
But when we trade the H4, we pay attention to the Week Open. (Monday Day Open is Week Open)
use the Day Open and the Average Weekly Range not the ADR=Average Daily Range.

watch this video Trade the Weekly Open part1

video part2
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,134
  • Oct 27, 2015 8:11am Oct 27, 2015 8:11am
hey emmanuel and the rest of the team looking forward in learning this way of trading after many losses I want to turn things around and become profitable hope to have u guys as support Thankyou
  • #62,135
  • Oct 27, 2015 8:12am Oct 27, 2015 8:12am
Quoting Saionbus
did somebody take short of usdchf

I prefer to long EU as I don't trade the CHF pairs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,136
  • Oct 27, 2015 9:33am Oct 27, 2015 9:33am
Need some advise on EURUSD:

Should wait for close below last week low, or take a short when TDI angle is more than 30deg?
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.jpg Size: 125 KB
  • #62,137
  • Oct 27, 2015 10:00am Oct 27, 2015 10:00am
EA long on LO setting the low of the day , another try on spotting that and initiate trading + 50 pips , close some before NYO US news

Posted M15 as H1 not so clear to show , but was taken on H1 PCRF formation at LO low
Attached Image (click to enlarge)
Click to Enlarge Name: EA_M15.png Size: 58 KB
I Have Learned to Take Some Losses to Make Profits
  • #62,138
  • Oct 27, 2015 10:46am Oct 27, 2015 10:46am
Quoting TheScorpS
EA long on LO setting the low of the day , another try on spotting that and initiate trading + 50 pips , close some before NYO US news Posted M15 as H1 not so clear to show , but was taken on H1 PCRF formation at LO low {image}
What template is this?
  • #62,139
  • Oct 27, 2015 10:56am Oct 27, 2015 10:56am
Quoting TheScorpS
EA long on LO setting the low of the day , another try on spotting that and initiate trading + 50 pips , close some before NYO US news Posted M15 as H1 not so clear to show , but was taken on H1 PCRF formation at LO low {image}
Nice catch on such a slow day TSS
Never argue with a fool; onlookers may not be able to tell the difference.
  • #62,140
  • Oct 27, 2015 11:18am Oct 27, 2015 11:18am
Quoting Javforex
Need some advise on EURUSD: Should wait for close below last week low, or take a short when TDI angle is more than 30deg? {image}

the other two amigos riding along nicely, this amigo not moving...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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