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Trading Made Simple

  • #68,161
  • Apr 11, 2016 5:00am Apr 11, 2016 5:00am
Hi Em,
If GU closes today bullish and above MA will look at buying pull backs?
Regards Rob
Your trade order needs to be in the right place at the right time.
  • #68,162
  • Apr 11, 2016 5:23am Apr 11, 2016 5:23am
Quoting Islandfx911
Hi Em, If GU closes today bullish and above MA will look at buying pull backs? Regards Rob
well many missed today setup on the Day chart. last Friday bounce off WRB Low as support.
tomorrow we trade lower TF but with bullish bias.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 15 d1 chart WRB low bounce.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,163
  • Apr 11, 2016 5:51am Apr 11, 2016 5:51am
Emm, are you using MN chart trend or just for marking S/R? thanks.
  • #68,164
  • Apr 11, 2016 5:59am Apr 11, 2016 5:59am
Quoting BridgeWater
Emm, are you using MN chart trend or just for marking S/R? thanks.
not the MN chart trend but the MN Line Chart to see the price swing levels...

the Line Chart is the Close price and if you use a Simple Moving Average period 1, Close price, ... that is the Line Chart.


Attached Image (click to enlarge)
Click to Enlarge Name: Line Chart.png Size: 58 KB


look at the Line Chart or place a SMA, period 1, Clsoe price...

see the Line Chart and the TDI Green below...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,165
  • Edited 6:38am Apr 11, 2016 6:28am | Edited 6:38am
Quoting emmanuel7788
{quote} not the MN chart trend but the MN Line Chart to see the price swing levels... the Line Chart is the Close price and if you use a Simple Moving Average period 1, Close price, ... that is the Line Chart. {image} look at the Line Chart or place a SMA, period 1, Clsoe price... see the Line Chart and the TDI Green below...
ok Emm, so the MN direction not used, MN candle bias not used too, thanks Emm.

Regards,
  • #68,166
  • Apr 11, 2016 7:30am Apr 11, 2016 7:30am
Quoting Trader MT4
Eelfranz's and Emmanuel's Truth: {image}
My advice:

1. Stop trading TMS H1 becasue 95% of loser are trading H1 and below.

2. If you want to be in the 5% group of TMS H1 winners, you must first master the 5-Method with Price Action as the king. And keep a separate trading account for H1 and H4 trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,167
  • Apr 11, 2016 7:48am Apr 11, 2016 7:48am
Quoting emmanuel7788
{quote} My advice: 1. Stop trading TMS H1 becasue 95% of loser are trading H1 and below. 2. If you want to be in the 5% group of TMS H1 winners, you must first master the 5-Method with Price Action as the king. And keep a separate trading account for H1 and H4 trading.
H4 trade need more skill how to entry,also the SL need bigger than lower TF
  • #68,168
  • Apr 11, 2016 8:14am Apr 11, 2016 8:14am
Quoting leescofield
{quote} H4 trade need more skill how to entry,also the SL need bigger than lower TF

Dear Sir,

You can try and Reduce your trade size to accommodate or make up for the SL

Most Successful Pros don't trade lower TF.

A very Successful trader once told me that i should always...always....

'' Try and Trade like Crocodile ''


'' it is Not the Number of Shots ,BUT the number of Hits ''



Stay Blessed.
It Is Well With My Soul..(Amen)
  • #68,169
  • Apr 11, 2016 8:55am Apr 11, 2016 8:55am
Quoting emmanuel7788
{quote} not the MN chart trend but the MN Line Chart to see the price swing levels... the Line Chart is the Close price and if you use a Simple Moving Average period 1, Close price, ... that is the Line Chart. {image} look at the Line Chart or place a SMA, period 1, Clsoe price... see the Line Chart and the TDI Green below...
Emm, i saw your GBPUSD MN S/R, but im just curious why you not marking 1.4323?

Regards,
  • #68,170
  • Apr 11, 2016 8:56am Apr 11, 2016 8:56am
Quoting leescofield
{quote} it's a seperate chart. edit I found it {image} {file} {file}
Sorry about the delay, looks like you found the website for the indicator, my position size indicator appears on the chart even though it's meant to be in a separate window, I'm not sure why that is. Is it working correctly for you now? Hope it helps mate
  • #68,171
  • Apr 11, 2016 8:56am Apr 11, 2016 8:56am
Quoting babasemi
{quote} Dear Sir, You can try and Reduce your trade size to accommodate or make up for the SL Most Successful Pros don't trade lower TF. A very Successful trader once told me that i should always...always.... '' Try and Trade like Crocodile '' '' it is Not the Number of Shots ,BUT the number of Hits '' Stay Blessed.
I have a friend who trade for most 5 years,using the MA crossover system.Yes,5 years with 1000 dollars,last time he shows me his accounts.
He said when he saw the price dropping he just close the orders then 5 years he didn't lose his 1000dollars.
And win 170 dollars.
True story.
Attached Image (click to enlarge)
Click to Enlarge Name: ~L%VTZA5J6%8UH@YUJ4JT71.jpg Size: 175 KB
  • #68,172
  • Apr 11, 2016 8:59am Apr 11, 2016 8:59am
Quoting TheRock
{quote} Sorry about the delay, looks like you found the website for the indicator, my position size indicator appears on the chart even though it's meant to be in a separate window, I'm not sure why that is. Is it working correctly for you now? Hope it helps mate
Yes,it's working.Thx bro.
  • #68,173
  • Apr 11, 2016 8:59am Apr 11, 2016 8:59am
Quoting Trader MT4
Eelfranz's and Emmanuel's Truth: {image}




You are not trading TFs. You are trading PRICE. All a TF is in the end is how long you think you'll be able to hold AFTER you enter.
See price within a daily bar (which doesn't exist). What can you do on this, the first day and only day the market existed EVER?
Live today like theres no tomorrow-- Prioritize like you will die today
  • #68,174
  • Apr 11, 2016 9:02am Apr 11, 2016 9:02am
Quoting catalin_eros
{quote} Hello, and welcome to TMS thread! Although I will not be trading TMS on H4 and higher this week (I have to make a trip and I am leaving the city on Wednesday morning), I still made my BPP and I will look at how price behaved and where my entries and exits would have been. That being said, I took a look at my EU BPP and I saw that my bias for this week is still bullish. EU has been spending some time in...
Cheers for that. Just shows me the importance of the BPP
  • #68,175
  • Apr 11, 2016 9:08am Apr 11, 2016 9:08am
Anyone spotted RB on E/U MN?
  • #68,176
  • Apr 11, 2016 12:21pm Apr 11, 2016 12:21pm
Quoting emmanuel7788
{quote} My advice: 1. Stop trading TMS H1 becasue 95% of loser are trading H1 and below. 2. If you want to be in the 5% group of TMS H1 winners, you must first master the 5-Method with Price Action as the king. And keep a separate trading account for H1 and H4 trading.
Yes, Emm, it's a big TRUTH!
  • #68,177
  • Apr 11, 2016 12:44pm Apr 11, 2016 12:44pm
Quoting emmanuel7788
{quote} My advice: 1. Stop trading TMS H1 becasue 95% of loser are trading H1 and below. 2. If you want to be in the 5% group of TMS H1 winners, you must first master the 5-Method with Price Action as the king. And keep a separate trading account for H1 and H4 trading.


I have noticed I tend to do noticeably better on h4 than h1 or m30,

I would like more trades though and h4 does not provide as many, ..but then again if i am loosing on other timeframes perhaps it's best i stick to h4


if one is being active scanning the pairs how much h4 setups should he spot in an average week?
  • #68,178
  • Apr 11, 2016 1:44pm Apr 11, 2016 1:44pm
Quoting Trader MT4
{quote} Yes, Emm, it's a big TRUTH!
Live today like theres no tomorrow-- Prioritize like you will die today
  • #68,179
  • Apr 11, 2016 1:50pm Apr 11, 2016 1:50pm
Quoting kain775
{quote} I have noticed I tend to do noticeably better on h4 than h1 or m30, I would like more trades though and h4 does not provide as many, ..but then again if i am loosing on other timeframes perhaps it's best i stick to h4 if one is being active scanning the pairs how much h4 setups should he spot in an average week?
There is nothing special about a time frame, price is the same at any moment in time on any time frame, candles are fractals of ticks, put into different time frames.

some traders (experienced and novice) can have a difficult time trading small time frames (1M -5M -M15) because things can happen very fast.
Live today like theres no tomorrow-- Prioritize like you will die today
  • #68,180
  • Apr 11, 2016 2:39pm Apr 11, 2016 2:39pm
Quoting kain775
{quote} I have noticed I tend to do noticeably better on h4 than h1 or m30, I would like more trades though and h4 does not provide as many, ..but then again if i am loosing on other timeframes perhaps it's best i stick to h4 if one is being active scanning the pairs how much h4 setups should he spot in an average week?
Oh, I think it can provide quite a few.

http://www.forexfactory.com/showthre...09#post8845109
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