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Trading Made Simple for Day Charts

  • #2,321
  • Feb 4, 2016 2:18am Feb 4, 2016 2:18am
@candle: very good, I would make the same with TP, after such a big bar often there comes inside days/ranging, then TDI will hook automaticly

regards
  • #2,322
  • Feb 4, 2016 7:40am Feb 4, 2016 7:40am
Hello, guys!

I closed yesterday my D1 trades. 2 winners and a loss.

GU, long, 180 pips. It was a bounce trade before the TDI refreshed. I assumed the price should retrace after that big downtrend and the rejection candle.
Attached Image (click to enlarge)
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EN, short, 150 pips. PA failed to make a HH. No need to aim for more, since the S is very close.
Attached Image (click to enlarge)
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USDHF, long, I closed it with a loss of 80 pips. R close, but I thought I could milk a few pips.
Attached Image (click to enlarge)
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  • #2,323
  • Feb 5, 2016 3:09am Feb 5, 2016 3:09am
When i look at the charts it looks like it's done with an EA. Is that right? Are you using an existing/available EA? I'm primarily interested in automating entries because EOD is a bit late for me (GMT+1).
  • #2,324
  • Feb 5, 2016 3:44am Feb 5, 2016 3:44am
Quoting kohaiNL
When i look at the charts it looks like it's done with an EA. Is that right? Are you using an existing/available EA? I'm primarily interested in automating entries because EOD is a bit late for me (GMT+1).

I don't think that the trades are done by an EA.
I myself testing currently a semi-automatic EA for entering so I can enter "deep" in the trade in the Asian time in the retracement ... '

But first it is important to manually get into the trade.You have to test if you still come at an opportune time in the setup .I myself get at midnight into it, Candle get in round about 6 Hours later, each one found it'sown way...

regards
  • #2,325
  • Feb 5, 2016 4:31am Feb 5, 2016 4:31am
Quoting catalin_eros
Hello, guys! I closed yesterday my D1 trades. 2 winners and a loss. GU, long, 180 pips. It was a bounce trade before the TDI refreshed. I assumed the price should retrace after that big downtrend and the rejection candle. {image} EN, short, 150 pips. PA failed to make a HH. No need to aim for more, since the S is very close. {image} USDHF, long, I closed it with a loss of 80 pips. R close, but I thought I could milk a few pips. {image}
Good Morning Catalin,

nice trades.

whats the reason for you to took the trade in the USD/CHF. Because i thought after a few bounces the TDI is "milked".
How did you rated the little Resistance in Daily and big Ressistance in weekly. Before you enter it?

Best wishes
"Repetition is the mother of skill"
  • #2,326
  • Feb 5, 2016 4:52am Feb 5, 2016 4:52am
Quoting Deichkind
{quote} I don't think that the trades are done by an EA. I myself testing currently a semi-automatic EA for entering so I can enter "deep" in the trade in the Asian time in the retracement ... ' But first it is important to manually get into the trade.You have to test if you still come at an opportune time in the setup .I myself get at midnight into it, Candle get in round about 6 Hours later, each one found it'sown way... regards
Thanks for your reply.
On the charts i saw the symbols that appear when i backtest a strategy, that's why (blue arrow pointing right, red lines for sl and tp).

Regards
  • #2,327
  • Feb 8, 2016 10:57am Feb 8, 2016 10:57am
Hi,

another trade in AUDUSD in the early morninghours, good harsh cross, good candle before, 2nd candle, red line points a little bit down and we have got a retrace in the AsianTime but resistance in roundabout 70 Pips

regards
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD080216.png Size: 73 KB
  • #2,328
  • Feb 9, 2016 9:38am Feb 9, 2016 9:38am
Quoting kohaiNL
When i look at the charts it looks like it's done with an EA. Is that right? Are you using an existing/available EA? I'm primarily interested in automating entries because EOD is a bit late for me (GMT+1).
I am not using EAs. When I am at PC when the new D1 candle appears, I look for entries manually. You can try H4 trading, if D1 candle appears too late for you.
  • #2,329
  • Feb 9, 2016 9:43am Feb 9, 2016 9:43am
Quoting Candle-
{quote} Good Morning Catalin, nice trades. whats the reason for you to took the trade in the USD/CHF. Because i thought after a few bounces the TDI is "milked". How did you rated the little Resistance in Daily and big Ressistance in weekly. Before you enter it? Best wishes
Hello, Candle! I am sorry for the late reply! I have just seen it.
The PA was heading up, and I thought there is room for milking a few pips until the R is hit, and until the TDI gets in the OB zone. Unfortunately, it did not work out.
I am not sure I understand the last part of the question, but I did not look at W1 chart at all, I traded only the D1.
  • #2,330
  • Feb 9, 2016 9:46am Feb 9, 2016 9:46am
Quoting Deichkind
Hi, another trade in AUDUSD in the early morninghours, good harsh cross, good candle before, 2nd candle, red line points a little bit down and we have got a retrace in the AsianTime but resistance in roundabout 70 Pips regards {image}
Hi, D!
I am in AU also, and I have three trades closed. I'll post them when I have time.
So are you taking in consideration the slope of the redline?
  • #2,331
  • Feb 9, 2016 2:00pm Feb 9, 2016 2:00pm
Hi Catalin!

Sometimes I look onto the slope of the red line, Setup would be better, Britpip did the same with the red line, look at his post on the first page.
Also look at the red line and the slope on D1 and compare it with the green line on W1, mostly the same
  • #2,332
  • Feb 9, 2016 5:37pm Feb 9, 2016 5:37pm
Quoting Deichkind
Hi, another trade in AUDUSD in the early morninghours, good harsh cross, good candle before, 2nd candle, red line points a little bit down and we have got a retrace in the AsianTime but resistance in roundabout 70 Pips regards {image}
Hi Deich,

great trade! It struck me that it was the first time I spotted a TP and SL on your charts and today we get such a pullback bar hitting your TP. Howcome you decided to place your TP there for this trade?

Best,
  • #2,333
  • Feb 10, 2016 12:56am Feb 10, 2016 12:56am
Quoting tibovwh
{quote} Hi Deich, great trade! It struck me that it was the first time I spotted a TP and SL on your charts and today we get such a pullback bar hitting your TP. Howcome you decided to place your TP there for this trade? Best,
Hi tibovwh,

I place a TP and SL mostly during the day, some time later than I've placed my trade, my pictures are taken just after I've placed the trade market so you can't see TP and SL. EURAUD and AUDJPY have also driven into TP and gave me many many Pips, nice trades at the beginning of the year.

best wishes

Thorsten
  • #2,334
  • Feb 15, 2016 12:20am Feb 15, 2016 12:20am
Hi,

today in the early morning a trade in EURUSD, good cross, 2nd candle, nice candle before, red slope points down but no reverse in the Asian Time and Counter Trend...

I also missed the cross in EURAUD, but I didn't like the inside bar before, maybee it should be ignored...

Attached Image (click to enlarge)
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regards
  • #2,335
  • Feb 15, 2016 7:12am Feb 15, 2016 7:12am
Good Morning TMS-Friends,

Got 3 Trades in the morning at 6:30; GMT+1.

EUR/USD: (According to Deichkind)
-steep cross with a lot of place between red and green line on the way to it
-good support in daily
-Both TDI-Lines show in Trade-direction
-in weekly good resistance to push the course down
-in weekly turning green line at the top of the Priceband
Attached Image (click to enlarge)
Click to Enlarge Name: EU Daily.PNG Size: 89 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EU weekly.PNG Size: 111 KB


USD/CHF:
-I thought this Setup is straight out of a picture book
-again steep cross with a lot of place between red and green line on the way to it
-Both TDI-Lines show in Trade-direction
-32 line in the TDI is a Support an the bottom Price line too
-There are good support in daily and the course touches the Trendline the fourth time
-In weekly good support but a little place to the supporting Trendline
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: UC daily.PNG Size: 131 KB

Attached Image (click to enlarge)
Click to Enlarge Name: UC weekly.PNG Size: 110 KB



CAD/JPY
-steep cross
-course bouncing up from the 32-line and Priceband-Middle-Line
-Divergence in daily
-Both TDI-Lines show in Trade-direction
-Flattening TDI in Weekly, red line shows up
-Im not sure about the weekly, there were big pullback at the last candles. There are a few little Resistanclines to stop the actual downtrend. The red Tdi-Line look up, green starts flattening.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: CJ daily.PNG Size: 132 KB

Attached Image (click to enlarge)
Click to Enlarge Name: CJ Weekly.PNG Size: 343 KB


Hope our trades went well. Please correct me if im wrong

Best wishes

Candle
"Repetition is the mother of skill"
  • #2,336
  • Feb 16, 2016 2:29pm Feb 16, 2016 2:29pm
Hi, guys!

I did not find time to post my trades from last week, but here they are now:

EJ, short, +140 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 25 KB


EN, long, +230 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 24 KB


GA, long, +120 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Image3.png Size: 26 KB


AU, short, +60 pips.
Attached Image (click to enlarge)
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No D1 trades taken so far this week, and I will probably take none, due to my busy schedule. I hope your trading goes really well. Cheers!
  • #2,337
  • Feb 17, 2016 5:22am Feb 17, 2016 5:22am
Quoting Candle-
Good Morning TMS-Friends, Got 3 Trades in the morning at 6:30; GMT+1. EUR/USD: (According to Deichkind) -steep cross with a lot of place between red and green line on the way to it -good support in daily -Both TDI-Lines show in Trade-direction -in weekly good resistance to push the course down -in weekly turning green line at the top of the Priceband {image} {image} USD/CHF: -I thought this Setup is straight out of a picture book -again steep cross with a lot of place between red and green line on the way to it -Both TDI-Lines show in Trade-direction...
Good Morning,

nice trades Catalin.

closed my trades today at 6:30 am GMT+1.

EUR/USD: +57
At the point of view the TDI makes a hook. Now the TDI looks better
Attached Image (click to enlarge)
Click to Enlarge Name: EU Exit.PNG Size: 280 KB


USD/CHF: +67
At the point of view the TDI went flat. I thought the course stopp at the near Resistance. Now it looks better too
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF exit.PNG Size: 312 KB


CAD/JPY: -56
At the point of view the TDI makes a hook. The last candle looks weak. Other JPY-pairs copy this movement.
Attached Image (click to enlarge)
Click to Enlarge Name: CAD JPY exit.PNG Size: 316 KB



I think there is place to improve the Exits. Glad to see the next Entrys.

best wishes

Candle
"Repetition is the mother of skill"
  • #2,338
  • Feb 17, 2016 3:12pm Feb 17, 2016 3:12pm
Took this trade yesterday.Currently +250 pips



Attached Image (click to enlarge)
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  • #2,339
  • Feb 18, 2016 2:10am Feb 18, 2016 2:10am
Good Morning TMS-Daily-Traders,

@catalin and candle: good trades, I'm always in EURUSD, missed to take profit at Round Number 1.1100, will see if it will be catched again...

@kingclarence: also nice trade in a little bit choppy market

green pips to all

regards
  • #2,340
  • Feb 25, 2016 4:33pm Feb 25, 2016 4:33pm
Hi,

a new trade was done on USDJPY some minutes before, good cross, 2nd candle, red slope up, above ema 5, much room to go but also countertrend,

i also looked on USDCAD, USDCAD break through resistance and made a good cross, for my opinion bar was to long, TDI near 32

Attached Image (click to enlarge)
Click to Enlarge Name: 250216USDJPZ.png Size: 67 KB


regards
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