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Trading Made Simple

  • #62,541
  • Nov 5, 2015 2:48am Nov 5, 2015 2:48am
Quoting FireFries
Looking at how price shoot up when london opens, it would have been SL if i have done it the old way, am glad to have stick to the guidelines of Big Emm, Big E for starting this thread and many others who contributes. Cheers and lots of pips to all
it has been like this when FO and LO.
we retails traders are all blind because we do not see where all the orders are and the smart money will filled all the orders what they are.
so what can we do? nothing that you and I can do except to be patient and wait for the ideal setups that will come to us.
like what Big E said in his post#647, we look at the PA then let the TDI confirm the PA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,542
  • Nov 5, 2015 2:52am Nov 5, 2015 2:52am
Quoting trade786
Thankyou emmanuel by the way does 5ema high and 5ema low help

or you can use the new pro PAC, that is based on a calibrated channel using 9EMA.

no difference if that is 10EMA or 9EMA except some nice marketing idea to make it look "accurate".

Price Action Channel
Synergy PAC Post#21,284
Comparing Synergy PAC and Synergy_Pro PAC: Post# 54,119
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,543
  • Nov 5, 2015 2:53am Nov 5, 2015 2:53am
Quoting catalin_eros
Good morning, guys! EG shorted on H1. Divergence spotted, which increases my chances for the downtrend continuation. Furthermore, PA closed below yesterday's low. {image}
My SL has just gotten hit. I stand with minus 30 pips. My mistake was that I entered on a short trade on H1, while H4 TDI was in OS zone for a very long time. Mistake noted and I'll pay more attention to this kind of entries in the future.
  • #62,544
  • Nov 5, 2015 3:03am Nov 5, 2015 3:03am
Day candles and its 10EMA ..

Attached Image (click to enlarge)
Click to Enlarge Name: Day candles and 10EMA.png Size: 44 KB


GU big news late today, will GU close a big red candle?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,546
  • Nov 5, 2015 3:28am Nov 5, 2015 3:28am
Quoting catalin_eros
{quote} My SL has just gotten hit. I stand with minus 30 pips. My mistake was that I entered on a short trade on H1, while H4 TDI was in OS zone for a very long time. Mistake noted and I'll pay more attention to this kind of entries in the future.
Hi catalin
You won't have been the only one caught out. A few EURUSD traders would have suffered the same fate. In instances like that it is always worth waiting for the LO APB to close and see if you get a genuine continuation. Stick with it as you are getting there
Never argue with a fool; onlookers may not be able to tell the difference.
  • #62,547
  • Nov 5, 2015 3:28am Nov 5, 2015 3:28am
is this valid entry for buy?
the price almost break master candle
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
Take What You Can , Give Nothing Back
  • #62,548
  • Nov 5, 2015 3:34am Nov 5, 2015 3:34am
Quoting Lookleft
{quote} Hi catalin You won't have been the only one caught out. A few EURUSD traders would have suffered the same fate. In instances like that it is always worth waiting for the LO APB to close and see if you get a genuine continuation. Stick with it as you are getting there
I too was almost caught out, but luckyly I saw on the 4 hour chart there was support
  • #62,549
  • Nov 5, 2015 3:51am Nov 5, 2015 3:51am
Quoting Lookleft
{quote} Hi catalin You won't have been the only one caught out. A few EURUSD traders would have suffered the same fate. In instances like that it is always worth waiting for the LO APB to close and see if you get a genuine continuation. Stick with it as you are getting there
Hi, Lookleft!

Thank you very much for your words!

I wish you a great trading day!
  • #62,550
  • Nov 5, 2015 3:53am Nov 5, 2015 3:53am
Quoting stefan17
{quote} I too was almost caught out, but luckyly I saw on the 4 hour chart there was support
I am glad to see you were not part of the casualties.
  • #62,551
  • Nov 5, 2015 4:01am Nov 5, 2015 4:01am
Quoting haemdoc
Dear Emmanuel, Could you explain "trade away"= This is quoting you from an earlier page. 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. Thanks

here is an example of what EURAUD looks like this week.

Attached Image (click to enlarge)
Click to Enlarge Name: EMAs congested.png Size: 83 KB


it ran in the Asian session and quite when LO
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,552
  • Nov 5, 2015 4:12am Nov 5, 2015 4:12am
Quoting Donquixote
is this valid entry for buy? the price almost break master candle {image}
Against the trend, APB with wicks at both ends meaning indecision, S/R and RN nearby. Why try and swim against the tide. There is a much better xxxJPY pair out there today
Never argue with a fool; onlookers may not be able to tell the difference.
  • #62,553
  • Nov 5, 2015 4:16am Nov 5, 2015 4:16am
Quoting emmanuel7788
{quote} here is an example of what EURAUD looks like this week. {image} it ran in the Asian session and quite when LO
Thank you for your advice.! So to repeat what you said to make sure i understand, all three must be used to get the overall trend of the pair before trading at the beginning of the day. I wanted to ask you as you live in Australia, which currency pairs do you actively trade given the time difference with US markets. Thanks again
  • #62,554
  • Nov 5, 2015 4:23am Nov 5, 2015 4:23am
Quoting Donquixote
is this valid entry for buy? the price almost break master candle {image}

your chart clearly shows sideways in all timeframes ............ so no trade until it show otherwise.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,555
  • Nov 5, 2015 4:48am Nov 5, 2015 4:48am
Quoting emmanuel7788
{quote} your chart clearly shows sideways in all timeframes ............ so no trade until it show otherwise.
is it becuz the price action or the tdi waveangle?
dont mind the tdi waveangle its s*cks it show sideways in all pair i ady removed , i ady try to use it since 2 days ago but always show sideways on all pair too( ithink its not compactible with my puter or something)
Take What You Can , Give Nothing Back
  • #62,556
  • Nov 5, 2015 5:02am Nov 5, 2015 5:02am
Hi all,
What is your opinion on EURUSD on H1? I took a short position.
Thanks for your advice.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-11-05 at 7.00.04 PM.png Size: 96 KB
  • #62,557
  • Nov 5, 2015 5:05am Nov 5, 2015 5:05am
Quoting haemdoc
{quote} Thank you for your advice.! So to repeat what you said to make sure i understand, all three must be used to get the overall trend of the pair before trading at the beginning of the day. I wanted to ask you as you live in Australia, which currency pairs do you actively trade given the time difference with US markets. Thanks again

in my planning and watchlist are these pairs***.
but I don't trade all of them at the same time.

Trading Currency Pairs
AUDUSD
EURUSD
GBPUSD
EURAUD
EURNZD
EURCAD
EURGBP
GBPAUD
GBPNZD
GBPCAD
USDJPY
AUDJPY
EURJPY
GBPJPY
USDCAD

*** no CHF pairs
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,558
  • Nov 5, 2015 5:09am Nov 5, 2015 5:09am
Quoting Donquixote
{quote} is it becuz the price action or the tdi waveangle? dont mind the tdi waveangle its s*cks it show sideways in all pair i ady removed , i ady try to use it since 2 days ago but always show sideways on all pair too( ithink its not compactible with my puter or something)

no matter what indicator you have on your charts, it is still the best thing to do is to switch to the chart TF and look at the actual condition and the price action.
some indicators simply do not refresh nor recalculate correctly when they receive the price tick in realtime.
it can be that they are intended that way. I don't know.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,559
  • Nov 5, 2015 5:17am Nov 5, 2015 5:17am
HI emm,

Any particular reason you don't follow NZDUSD?

Good trading all,
  • #62,560
  • Nov 5, 2015 5:20am Nov 5, 2015 5:20am
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
moin,

who is interested and wants to learn more in this profile you can download pdfs about TDI with EMA etc for setup/plan
for example s3- h4. pdf , s3 e-U .pdf - etc.


http://www.forexfactory.com/search.p...rchid=17621689

for vetrans in this thread its nothing new


green pips
from level to level - you need mental strength to reach the summit
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