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Trading Made Simple

  • #66,601
  • Mar 7, 2016 4:27am Mar 7, 2016 4:27am
Hi to all seniors.I am a new bie. Alas, I understand thru the threads the Master left to higher world leaving legacy to his trusted disciples.I would request to kindly guide me to reach the latest updated version and related stuff to keep myself updated.As Big E suggested I would try with a demo account using this software acclamatise myself with the system. with regards
  • #66,602
  • Mar 7, 2016 4:30am Mar 7, 2016 4:30am
Quoting arash1349
it is correct or no? {image}
Arash;

When you are trading H4, look at D chart and see how it acts!
D1 is in consolidation and is going nowhere. so avoid this kind of trades. takes those that are trending in D1.

Look at pic and circles.

regards
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADDaily.png Size: 37 KB
  • #66,603
  • Mar 7, 2016 4:40am Mar 7, 2016 4:40am
Hello all,

First of all, here is the bank of Japan statement of last night. For those interested in the current negative interest rate of Japan: http://www.boj.or.jp/en/announcement...ko160307a1.pdf


Second of all, i entered a NZDUSD trade. What do you think?
Attached Image
focus, manage risk, rinse, repeat
  • #66,604
  • Mar 7, 2016 5:06am Mar 7, 2016 5:06am
Quoting emmanuel7788
{quote} Hi, yes, I did and it was on the Day chart set up using the swing low. {image} this pair is bullish and we can catch it next week. Swing High/ Swing Low Price Action: Post#57,779 regards,
I'd love to see these trades in more detail on a LTF chart! Is this possible?

Best,
  • #66,605
  • Mar 7, 2016 5:24am Mar 7, 2016 5:24am
Quoting emmanuel7788
{quote} I see your H4 agrees with W1, it is good. I am waiting on D1 chart for the breakout of the CONSOLIDATION then I can start my ME/ME.
Hey Emmanuel, love what you're doing for this thread, it's been an amazing read so farJust a question regarding your comment about the consolidation, which area is the consolidation area for USDCAD is it that you're referring to?
  • #66,606
  • Mar 7, 2016 6:03am Mar 7, 2016 6:03am
Quick EA trade this morning...
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  • #66,607
  • Mar 7, 2016 6:26am Mar 7, 2016 6:26am
Quoting emmanuel7788
{quote} I see your H4 agrees with W1, it is good. I am waiting on D1 chart for the breakout of the CONSOLIDATION then I can start my ME/ME.
Hi, Emm!

I am curious if you are waiting for a close on D1 under the W1 spinning top, or as soon as the W1 spinning top's low get's pierced on D1, you go to LTF and look for signals. Which one would it be: close or pierce?

Thanks in advance, as always!

P.S.: Why did you tell him that his H4 agrees with W1? Isn't W1 sideways bias, after last W1 candle?
  • #66,608
  • Mar 7, 2016 6:40am Mar 7, 2016 6:40am
Quoting satjhangra
{quote} Hey Emmanuel, love what you're doing for this thread, it's been an amazing read so farJust a question regarding your comment about the consolidation, which area is the consolidation area for USDCAD is it that you're referring to?

Hi,

WELCOME to TMS. Good that you sign up at FF and now can post...

his post is EURCAD H4.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD week 10 7 Mar D1 consolidation.png Size: 46 KB




Quoting catalin_eros
{quote} Hi, Emm! I am curious if you are waiting for a close on D1 under the W1 spinning top, or as soon as the W1 spinning top's low get's pierced on D1, you go to LTF and look for signals. Which one would it be: close or pierce? Thanks in advance, as always! P.S.: Why did you tell him that his H4 agrees with W1? Isn't W1 sideways bias, after last W1 candle?

are you sure Weekly is sideways?

regards
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,609
  • Mar 7, 2016 6:42am Mar 7, 2016 6:42am
Quoting adamjhdavis
Quick EA trade this morning... {image}

Good trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,610
  • Edited 7:00am Mar 7, 2016 6:47am | Edited 7:00am
Quoting tibovwh
{quote} I'd love to see these trades in more detail on a LTF chart! Is this possible? Best,

of course with me many things are possible. I have no secrets.

but posting lower TF chart of trade entries can cause more confusion when many here do not understand the basic concept of ME/ME.

what shall I do now?

here the trades shown in M15 chart but it will not make any sense...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 09 MEME trades in M15.png Size: 55 KB



and here below is my GBPAUD trades done today and with open trades too. I am sure you have more questions coming...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Week 10 7 Mar MEME trades.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,611
  • Mar 7, 2016 7:34am Mar 7, 2016 7:34am
hello to everyone here
i am new...i am thinking to short after the clear brake of trendline...thoughts?
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  • #66,612
  • Mar 7, 2016 7:37am Mar 7, 2016 7:37am
Quoting emmanuel7788
{quote} trading the H1 require more skills in reading Price Action. X-Man who started the H1 thread said: Price Action is king. Big E H4 trading - the TDI is king. For me I have my queen to follow... Keep trading rules simple, easy to see on our charts and easy to execute. {image} Hindsight is 20:20 vision. But trading requires us to open our third eye.
Hi emmanuel, thanks for the advice. Are these rules you used for trading the H1? I will try to do what you have been doing.

A dumb question, please pardon my slow understanding, what do you mean by "open our third eye"?
  • #66,613
  • Mar 7, 2016 9:47am Mar 7, 2016 9:47am
Don't normally trade Aussie Dollar but liked the set up.....
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  • #66,614
  • Mar 7, 2016 9:50am Mar 7, 2016 9:50am
Quoting emmanuel7788
{quote} are you sure Weekly is sideways?
I meant the last W1 candle. Based on it, this week should be ranging. I don't know why I was under the impression that you take into consideration the last W1 candle only. i guess I misunderstood you or I was not paying enough attention, due to other things that are going on now around me. Anyway, now it is a bit clearer.
  • #66,615
  • Mar 7, 2016 10:09am Mar 7, 2016 10:09am
hey,

what do you think of this trade.

short GBPUSD

W1 downtrend, and made a WRB
D1 slowing momentum of uptrend close to the top of WRB
H4 confirmed bearish pressure, with TDI cross, (made my short entry later, because of the big risk)


any help will be appreciated,

ruben
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 78 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 87 KB
Click to Enlarge Name: GBPUSDH4.png Size: 81 KB
  • #66,616
  • Mar 7, 2016 10:09am Mar 7, 2016 10:09am
GBPUSD H1 +30 (Part 2)
What goes down must go up
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 29 KB

AUDUSD H1 +75 (+25 +50)
TDI bounce, set and forget trade with CM managing.
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Click to Enlarge Name: Screenshot2.png Size: 28 KB
Never argue with a fool; onlookers may not be able to tell the difference.
  • #66,617
  • Mar 7, 2016 10:16am Mar 7, 2016 10:16am
Quoting ruben7222
hey, what do you think of this trade. short GBPUSD W1 downtrend, and made a WRB D1 slowing momentum of uptrend close to the top of WRB H4 confirmed bearish pressure, with TDI cross, (made my short entry later, because of the big risk) any help will be appreciated, ruben {image} {image} {image}
What TF are you actually trading on ?
Looking at the screenshots I see 2 possible long and 1 building to a possible short.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #66,618
  • Mar 7, 2016 10:26am Mar 7, 2016 10:26am
Quoting Lookleft
{quote} What TF are you actually trading on ? Looking at the screenshots I see 2 possible long and 1 building to a possible short.
i'm trading on H4.

i was looking at W1 = bearish
D1 is in a retracement, with slowing bullish pressure
AND on H4 i took the trade, but waited for a lower risk entry, which you see on the last chart i posted.

am i doing something wrong?

thanks.
  • #66,619
  • Mar 7, 2016 10:27am Mar 7, 2016 10:27am
Anyone got TDI signal on GJ, EJ, GU, & GJ today? I lost a lot because of following TDI on those pairs
  • #66,620
  • Mar 7, 2016 10:40am Mar 7, 2016 10:40am
Quoting ruben7222
{quote} i'm trading on H4. i was looking at W1 = bearish D1 is in a retracement, with slowing bullish pressure AND on H4 i took the trade, but waited for a lower risk entry, which you see on the last chart i posted. am i doing something wrong? thanks.
OK if you are trading H4 what is the TDI doing? Always pay more attention to the TF you are trading on and use other TFs as guidance/confirmation.
Never argue with a fool; onlookers may not be able to tell the difference.
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