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Trading Made Simple

  • #70,301
  • Jul 22, 2016 2:50am Jul 22, 2016 2:50am
Quoting andreedbert
Hi Emmanuel7788, How about GBPJPY and GBPAUD from your analyst? sometimes i confuse just like GBPJPY, TF H4 Green line cross up to red line, indicate to long position. but in the same time TF D1 green line cross down to redline indicate to short position. If the case like this, what's shuld the traders do? Many thanks. Regards, Andre

Hi,

GBPJPY simply no trade when market is narrow range.
TDI Green cross Red does not mean buy or sell. Only price action will determine whether you buy or sell. The TDI is only to confirm the price action.

Its Friday anyway and there is G20 meeting this weekend so it is better not to keep any trade open over this weekend.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,302
  • Jul 22, 2016 2:56am Jul 22, 2016 2:56am
NJ & UJ Daily...
Attached Image
Attached Image

"All three commodity currencies ended the day higher against the greenback including the New Zealand dollar, which shrugged off the RBNZ’s signal to ease. With that in mind, the rally in NZD was shallow and likely to be short-lived."
http://www.bkassetmanagement.com/fea...from-ecb_9751/
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #70,303
  • Jul 22, 2016 3:37am Jul 22, 2016 3:37am
Hi guys

I'm London based but and wondered if anybody recommends any particular pairs to trade during this time frame?

I currently try to just stick to the 4H charts.

Thanks
  • #70,304
  • Jul 22, 2016 4:00am Jul 22, 2016 4:00am
Quoting emmanuel7788
{quote} Hi, GBPJPY simply no trade when market is narrow range. TDI Green cross Red does not mean buy or sell. Only price action will determine whether you buy or sell. The TDI is only to confirm the price action. Its Friday anyway and there is G20 meeting this weekend so it is better not to keep any trade open over this weekend. regards,
thanks emmanuel 7788 for the advise.
  • #70,305
  • Jul 22, 2016 5:09am Jul 22, 2016 5:09am
Hi all. A few days ago I read about a system TradeMadeSystem. But when I read more recent posts (and charts), I realized that all don't use TMS systems. Am I wrong?
Sorry for my English.
There is no reason to trade if there is no reason to trade.
  • #70,306
  • Jul 22, 2016 5:38am Jul 22, 2016 5:38am
Quoting marionetka
Hi all. A few days ago I read about a system TradeMadeSystem. But when I read more recent posts (and charts), I realized that all don't use TMS systems. Am I wrong? Sorry for my English.

which one below is not a TMS chart?

Attached Image (click to enlarge)
Click to Enlarge Name: USCDCAD TMS chart or not.png Size: 48 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USCDCAD TMS chart or not2.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,307
  • Jul 22, 2016 5:43am Jul 22, 2016 5:43am
Quoting Groves
Hi guys I'm London based but and wondered if anybody recommends any particular pairs to trade during this time frame? I currently try to just stick to the 4H charts. Thanks

start with these:
AUDUSD, EURUSD, GBPUSD, AUDJPY, EURJPY, USDCAD. should be enough to get 5 trades a week, with 3 winners and 2 losers, your win rate is 60% and Expectancy of 2 minimum, you will make money.

http://www.forexfactory.com/showthre...15#post8902015
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,308
  • Jul 22, 2016 5:52am Jul 22, 2016 5:52am
USDCAD potential rally if the fundamentals says so in the next week and following weeks. Be prepared with your money ready.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,309
  • Jul 22, 2016 5:52am Jul 22, 2016 5:52am
Quoting emmanuel7788
{quote} which one below is not a TMS chart? {image} {image}
Sorry, I'm not exactly say. I mean that all use on different TF and the additions on the system?! I will look.
Thanks/
There is no reason to trade if there is no reason to trade.
  • #70,310
  • Jul 22, 2016 6:37am Jul 22, 2016 6:37am
Quoting emmanuel7788
{quote} start with these: AUDUSD, EURUSD, GBPUSD, AUDJPY, EURJPY, USDCAD. should be enough to get 5 trades a week, with 3 winners and 2 losers, your win rate is 60% and Expectancy of 2 minimum, you will make money. http://www.forexfactory.com/showthre...15#post8902015

Thanks Emmanuel

Much appreciate the help.
  • #70,311
  • Jul 22, 2016 11:35am Jul 22, 2016 11:35am
hi folks !
I was reading this thread for 1 week, and really enjoyed it!


Thank you!
Could you please give link to synergy pro setting and enter/exit rules ( I mean real time)
  • #70,312
  • Jul 22, 2016 12:37pm Jul 22, 2016 12:37pm
Quoting Jaynewtrader
hi folks ! I was reading this thread for 1 week, and really enjoyed it! Thank you! Could you please give link to synergy pro setting and enter/exit rules ( I mean real time)
keep on reading, ...

read this post:
http://www.forexfactory.com/showthre...89#post9030889
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,313
  • Jul 22, 2016 1:21pm Jul 22, 2016 1:21pm
Quoting emmanuel7788
{quote} USDCAD D1 chart looking at a new high for this month. {image}

USDCAD Week 29 new high for July today...

but this month not close yet.

next target is April' high...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 29 made new July High Jul 22.png Size: 68 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,314
  • Jul 23, 2016 11:52am Jul 23, 2016 11:52am
Quoting Groves
Hi guys I'm London based but and wondered if anybody recommends any particular pairs to trade during this time frame? I currently try to just stick to the 4H charts. Thanks
PM me I Trade london..
It's in fear when people show what they truly value.
  • #70,315
  • Jul 23, 2016 11:10pm Jul 23, 2016 11:10pm
what do you think about this usdcad h4 chart? do you think it would go up or down? I see there is bullish trend but is it just a trap created by MM so you buy on monday? Sorry, so many questions from a newbie like me
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADmH4.png Size: 43 KB
Trade What You See NOT What You Expect
  • #70,316
  • Edited 12:17am Jul 24, 2016 12:02am | Edited 12:17am
Quoting arwinkim
what do you think about this usdcad h4 chart? do you think it would go up or down? I see there is bullish trend but is it just a trap created by MM so you buy on monday? Sorry, so many questions from a newbie like me {image}
What do i think?
well I think it can either go up or down or sideways.

Is the trend really bullish?
It looks like it when I see the H4. But what about the Day, Weekly and Monthly chart timeframes? Weekly look sideways in a range but more to the up side. Therefore we can still catch a sell swing next week and than a buy swing after that.

If your MM refers to Market Makers,
Then I use my proven Money Management strategy and play along side the market sideways movements between historical price swing levels. I see BRN play to 1.3200 and 1.3300.
Remember, one of TMS traders' belief is that each price swing is 3 to 8 candles. We try get into the market reversal using the APB#1 and APB#2 candles and must see price momentum by looking at the TDI Green line.

Last Friday it made a significant break of one key level and also made a new high for this July month. There is no guarantee that Monday candle will be bullish but we see the TDI show positive price momentum. Those very short term traders may start selling because they believe in the use of pivots levels, price levels, harmonics, etc.
Next week is also the month end closing, so we may see medium term and longer term buyers exiting their positions, therefore the price can pull back. We never know therefore we protect all our positions with stop loss. But for price action position traders, I will not sell unless I see a 2-bars bearish price bar pattern on my Weekly chart.
To put it simply, as long as I see the price action on the MN, W1 and D1 closes above its 10EMA, I stay on the buyer side. "Buy the dips", as some traders would say.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 30 Big Picture MTF.png Size: 60 KB


Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,317
  • Jul 24, 2016 12:26am Jul 24, 2016 12:26am
USDCAD - where do we see potential resistance when we are buyers?

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 30 D1 chart resistance.png Size: 81 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,318
  • Jul 24, 2016 1:01am Jul 24, 2016 1:01am
Quoting emmanuel7788
USDCAD - where do we see potential resistance when we are buyers? {image}
Hi, emmanuel
I am looking for the multi TF TDI indicator, what you have on your chart. Would you please so kind and share this indi?
Thanks
  • #70,319
  • Jul 24, 2016 1:47am Jul 24, 2016 1:47am
Quoting Imperial1
{quote} Hi, emmanuel I am looking for the multi TF TDI indicator, what you have on your chart. Would you please so kind and share this indi? Thanks
Hi,

here the most recent post where you will find the links, etc.

http://www.forexfactory.com/showthre...05#post9017905

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,320
  • Jul 24, 2016 2:23am Jul 24, 2016 2:23am
Congratulations Emmanuel, excellent job keeping thread lively,
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