Trading Made Simple for Day Charts

Hi,

at USDJPY I've closed the trade with a little minus, TDI hooks and so I've closed the trade....

At Friday I've taken a trade in EURUSD, 2nd candle, good TDI-cross, red line flaten out, trend line and some room to walk up...



have a nice weekend

regards

Thorsten

I'm no expert but I'm not sure about this trade

I'm currently in two trades Aud-Usd +176.7 and Eur-Aud +157.9

Looks good! AUDUSD I've missed and EURAUD I was taken out some Weeks before.....

Good Morning kingclarence,

maybe you can post you chart and your reason why you enter your trade so everyone learn something. It will help a lot, including me.

best wishes

Candle

Good Morning,

@kingclarence: Missed AU and EA
@Thorsten:
Good Setup Thorsten,

but at 6:30 the angle was not good. :/

took this Trade at morning GMT+1; 09.03.16

USD/CAD:
-Steep Cross in Daily with help from the trendline and normal support
-In weekly are a few red candles but bending Red and green line. Support from the TL too.
I find it sometimes difficult to take the Trade in the right moment of reversal (when theres a beginning reversal in weekly). Maybe i could wait for the next candle on those trades.





best wishes

Candle

And folks, regardless of whether newbie ore experienced who read this! Please post your Charts, ask, criticized whatever, so everybody can learn! You keep this thread not alive with only reading. The commitment from all of us, effected succes of all of us. Nobody got perfection without getting criticism.

Hello Candle,

Setup looks very good, also red slope shows up in D1, I haven't take a trade on USDCAD because I think we are buying into a resistance/fliparea...will see.

EURUSD was closed this morning cause green TDI slopes down and change of candle color, only + 20 Pips ...

Green pips for you!

regards


Thorsten

Today a trade on AUDUSD, 1nd candle colorchange, good candlelength before, green looks sharp to south, red also poiting down, some room to go down but also against the Main Trend....

regards

Good Morning Thorsten,

Sure very good cross. But the little candle and the strong weeklycandles keep me out. :/ Maybe the 2nd candle gives a good entry.

Greez

Candle

Today 2 new Setups, AUDJPY and GBPUSD, 2nd candle, good cross, red slopes down, good candle and some room to walk to TP

regards

Good Morning,

Got 3 Trades in the Morning 06:00 GMT+1; 16.03.16, 2 according to Thorsten.

GBP/USD
-Good Cross daily
-Support via trendline and magic number 20
-Weekly weak white candle
-falling Triggerline
-slope looks up
-TL and magic number 50 made the Resistance for the upwarts candle






AUD/USD
-steep cross daily
-support via magic number 50 and TDI 68
-possible resistance in 100 Pip distance
-old support in daily
-Trade in trenddirection
-upwartscandle in Weekly
-old resistance and tdi-resistance push it in tradedirection
-triggerline hooked in trenddirection
-slope started to bend
-stoch too







best wishes

Candle

AUD/JPY
-steep cross daily
-entry at the 2nd candle because the first was weak
-good tdi support
-cross below the tdi 68-line
-enough place to the TDI 50 line
-support via magic number 50
-stoch looks down
-Furthermore support via Trendline (daily and weekly)
-Weekly upcandles start to get weak
-Both TDI-Lines bends

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Attached Image (click to enlarge)

I do not usually trade the daily charts, but what do you think about this?:

Good Morning AlanGS77,

Today at my time 06:00 GMT +1 (normal entry for me) with Heiken Ashis its a good cross.
The good signals are:
-both Tdi-lines in Daily look down
-Cross through the 68 TDI-line
-Stoch looks in Tradedirection and comes from the overbought level
-Much much support in Daily and weekly

Now the bad signals:
-Look at the long wick and the littleness of your candle (Entry candle is 2 at your chart). Long wick signals that there is buyingpressure
-There are the Magic Number 20 as Resistance (1.12000)
-and the badest signal is in the higher TF look at weekly how strong the white candles are thats the KO. Both Tdi lines look up stoch too. No sign of hooking ore bending

The chance is realy big that when you enter the trade, it goes against you and then it corrected in Tradedirection. But at this moment i wouldnt enter and wate for a better chance, like when the MN 20 is crossed.





Hope it will help you.

best wishes

Candle

Good Morning TMS-Trades,

Yesterday my 3 Trades in demo were in profit. Before FOMC came i thought "ok lets try to trade without consider it" Mpp! Wrong

If FOMC ore NFP came after your entry, go out. If you are good in profit and you trail you SL every day ore every few days a little forward its not a must. Because if your trade runs fine and you have no Exitsignals like both TDI-Lines start to bend at a TDI extrem, you dont know in which direction it goes. I think the best is watching while FOMC ore NFP is coming.

My Trades
AUD/JPY: -70 Pip instead of +33
GBP/USD: -100 instead of +71
AUD/USD: -145 instead of +38
Total -315 instead of +142 after 24 hours lol..

For me the extract is my entrys were good and FOMC is evil.

best wishes

Candle

Alan why dont you use the ATR for your entries? ATR 1 higher or 75% than ATR 7, remember Britpip7 style?, Im trying to learn from all big traders like Emmanuel, MrAussie and many more....Britpip7 simplified the Tms daily.. Send me a private message and we can discuss in our language if you want buddy

Hello Alan,

a good looking signal, nice steep cross, on candlesticks you see an Engulfing pattern, come from resistance,room for 50-150 Pips, red slopes down but also Countertrend and don't cross under MA5

regards

Very good analysis, my friends

What about GBP/AUD now?

Also Countertrend and Im not sure if there is a resistance straight ahead,looks more like a bounce, 1st candle, close to MA5, red slopes up and nice divergence in D1, could be room for roundabout 450 pips, and on candlestick nice pinbar at support.

regards

Good Morning Mates,

Took 2 Trades in the morning GMT +1; 06:30.

EUR/JPY:
My BPP says:
-Course bounced away from resistance next to the Trendline
-Weekly MBL looks down

Daily:
-Good Cross, good candlesize
-enough place to the magic number 50 an TDI 50
-Slope, Trigger and stoch looks down




AUD/JPY:
My BPP Says:
-Same as in EJ

Daily:
-Good cross
-Good Candle
-Slope looks down
-MBL start to bend
-There is monthly Resistance in 50 Pip distance




Both in profit till yet. Attention: Wednesday FOMC.


best wishes

Candle