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Trading Made Simple

  • #62,461
  • Nov 3, 2015 7:06pm Nov 3, 2015 7:06pm
Quoting 786 trading
First trade. {image}
TDI hasn't crossed on my chart - GU 4H. It looks different on yours.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB
  • #62,462
  • Nov 3, 2015 7:13pm Nov 3, 2015 7:13pm
AUDJPY H1 trades 4 Nov.

Just trading the first 3 to 5 hours of the Tokyo session.
The H1 entry was a Bullish Engulfing Bar BUEB and there was no TDI cross at that time. But the H4 TDI was good...Green above Red and the H4 APB were bullish Blue bars. Just target small range 50pips which is within the ADR of 85 to 100 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY H1 trade 4 Nov.png Size: 45 KB


The rules are few and simple, see the chart below.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,463
  • Nov 3, 2015 7:20pm Nov 3, 2015 7:20pm
Quoting dewdrops
{quote} TDI hasn't crossed on my chart - GU 4H. It looks different on yours. {image}

but both his and your H1 should look the same, right?

even when his H4 has a different sever time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,464
  • Nov 3, 2015 7:34pm Nov 3, 2015 7:34pm
EURJPY H1 4 Nov...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY H1 trade 4 Nov.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,465
  • Nov 3, 2015 7:48pm Nov 3, 2015 7:48pm
what is a junior trader? and when does it end? looked in the lengthy rules etc
didn't find anything. probably need to look somewhere else.

possible new EU H1 set up coming; smaller timeframes moving early on the momo divergence
waiting for H1 to cross and confirm for small opener long
Trading is simply about managing the area between your ears
  • #62,466
  • Nov 3, 2015 8:06pm Nov 3, 2015 8:06pm
Quoting emmanuel7788
EURJPY H1 4 Nov... {image}
Emmanuel, when you said too early do you mean the previous bar did not close below the ema though it was a beeb..just trying to read your thoughts
the cautious seldom err....C
  • #62,467
  • Nov 3, 2015 8:51pm Nov 3, 2015 8:51pm
Quoting emmanuel7788
{quote} my suggestion is look at D1 chart and where the 10EMA is. if D1 closed above the 10EMA, take buy trades only in H1. if D1 closed ebelow its 10EMA, take sell trades only in H1. always observe the day Open, 50 and 200EMA. Trade away from the Day Open and away from the 200EMA. If a H1 candle closed with all 3 EMAs within its high-low, you better look closely at the price action before you trade the H1 setups. this is simple enough? Use the APB and TDI for your trade setups and confirmation. Post your charts and I will comment to help you.

Hi emm,

So looking at D1 and 10ema, we find an entry in h1?
  • #62,468
  • Nov 3, 2015 9:53pm Nov 3, 2015 9:53pm
Dear Emmanuel

I am seeing EUR/NZD reversal on daily with yesterday D1 candle closed above the mother bar of previous day inside bar and above 10 EMA. Also taking support from 200EMA on daily.

What is your opinion?

Thanks,

okoso
  • #62,469
  • Nov 3, 2015 9:54pm Nov 3, 2015 9:54pm
Quoting pips29
{quote} Emmanuel, when you said too early do you mean the previous bar did not close below the ema though it was a beeb..just trying to read your thoughts


I should have waited for that H1 candle close because of today's Day Open level which was support on Monday.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,470
  • Nov 3, 2015 9:57pm Nov 3, 2015 9:57pm
Quoting farhad10
{quote} Hi to all TMS traders Gold The blue rectangle is a dangerous zone to trade! I'm still looking for a sell at this area if price reches but pay attention ! {image} E/U I'm still a seller. i think price is retracing to the channel after breaking it and continue to it's down trend. {image} Green pips to all of you best regards.

Hi to all TMS traders

Gold has reached the targets! i think that it's time to go up to these targets : 1132 , 1142 and then 1152 and the final 1162 .
wait for price and TDI to confirm a uptrend move.
below 1114, the target is 1100 !

Attached Image (click to enlarge)
Click to Enlarge Name: GOLD#Daily.png Size: 56 KB



E/U

Couldn't break below 1.0900. so I think price can go up to 1.11000 first. if price break the trend line, the target is 1.0500.


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD#Daily.png Size: 58 KB



Green pips to all f you
Best regards.
  • #62,471
  • Nov 3, 2015 10:01pm Nov 3, 2015 10:01pm
Quoting okoso
Dear Emmanuel I am seeing EUR/NZD reversal on daily with yesterday D1 candle closed above the mother bar of previous day inside bar and above 10 EMA. Also taking support from 200EMA on daily. What is your opinion? Thanks, okoso
Hi Emmanuel,

Just to add to the previous post, we have a strong support turned into resistance at 1,65.

Thanks,

okoso
  • #62,472
  • Nov 3, 2015 10:02pm Nov 3, 2015 10:02pm
Quoting okoso
Dear Emmanuel I am seeing EUR/NZD reversal on daily with yesterday D1 candle closed above the mother bar of previous day inside bar and above 10 EMA. Also taking support from 200EMA on daily. What is your opinion? Thanks, okoso
Hi,

Yes. There is bullish setup for Buy and good for ME/ME trading.
A few resistance levels on the D1 chart but should be manageable with ME/ME taking some profits when it moves up.

Also for GBPNZD D1 chart trading.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,473
  • Nov 3, 2015 10:02pm Nov 3, 2015 10:02pm
Quoting catalin_eros
{quote} Nicely done on those pips!
Thanks Catalin, you also had some nice trades yesterday
  • #62,474
  • Edited 11:18pm Nov 3, 2015 10:05pm | Edited 11:18pm
Quoting okoso
{quote} Hi Emmanuel, Just to add to the previous post, we have a strong support turned into resistance at 1,65. Thanks, okoso

three levels where it can face some selling pressure ..
1.6458
1.6539
1.6607

am I that precise?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,475
  • Nov 3, 2015 10:07pm Nov 3, 2015 10:07pm
Quoting jeff90
{quote} Hi emm, So looking at D1 and 10ema, we find an entry in h1?
Hi,

Not so simple.

You have to read my recent posts and see my charts.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,476
  • Nov 3, 2015 10:11pm Nov 3, 2015 10:11pm
Quoting emmanuel7788
AUDJPY H1 trades 4 Nov. Just trading the first 3 to 5 hours of the Tokyo session. The H1 entry was a Bullish Engulfing Bar BUEB and there was no TDI cross at that time. But the H4 TDI was good...Green above Red and the H4 APB were bullish Blue bars. Just target small range 50pips which is within the ADR of 85 to 100 pips. {image} The rules are few and simple, see the chart below.
Thats what I'm talking about, great trade, trading with the overall trend and with market sentiment, and TDI has a good 1-2 o clock angle
  • #62,477
  • Nov 3, 2015 10:12pm Nov 3, 2015 10:12pm
Quoting emmanuel7788
{quote} three levels where it can face some selling pressure .. 1.6458 1.6539 2.6607 am I that precise?
Hi Emmanuel,

Thank you very much for the opinion. Now I need to figure out why you come up with those precise numbers!!

Cheers,

okoso
  • #62,478
  • Nov 3, 2015 10:18pm Nov 3, 2015 10:18pm
One of my books out of my collection, enjoy
Attached File(s)
File Type: pdf Brett Steenbarger - Psychology Of Trading.pdf   2.6 MB | 644 downloads
  • #62,479
  • Nov 3, 2015 10:20pm Nov 3, 2015 10:20pm
long 2 EU on H1 cross and confirm at 1.0953, SL 1.0945
waiting for H4 to maybe add
1st target 1.0986, hold for 20 min and re-evaluate
Trading is simply about managing the area between your ears
  • #62,480
  • Nov 3, 2015 10:21pm Nov 3, 2015 10:21pm
Quoting planthetrade
{quote} agree. 1105 for bounce and probably a big one too. Eventually, sub-300 for end to the gold bear. thanks to you for all the stuff you compiled on TMS and made available to people here. Perhaps as time allows, I can contribute as well since I have used the same simple TDI for many years without ever adding to the forum. The one thing that I use to confirm TDI signals after entering the trade on 4H or 2H or 1H, is the aroon indicator overlaid on TDI (look back is 8) using the 2sma of TDI for data. All I want is a cross that holds through the...

Quoting planthetrade
what is a junior trader? and when does it end? looked in the lengthy rules etc didn't find anything. probably need to look somewhere else. possible new EU H1 set up coming; smaller timeframes moving early on the momo divergence waiting for H1 to cross and confirm for small opener long

Hi,

Welcome to TMS. Surely a pair of old hands in trading will help others here.

FF Admin will change your junior member status after a few more post. Just their policy to vet every post before we get to see them.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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