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Trading Made Simple

  • #70,361
  • Jul 25, 2016 4:21pm Jul 25, 2016 4:21pm
Quoting irvanhidan
{quote} what ur reason for buy USDCAD emma ? what i see is PA in resistence zone

read this post and that USDCAD chart

http://www.forexfactory.com/showthre...09#post9047209

and this chart below:

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 30 WRB breakout.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,362
  • Jul 25, 2016 4:28pm Jul 25, 2016 4:28pm
Quoting TampaFX
{quote} Look at the Weekly Chart very different situation. Sadly I missed this entry on 7/20 last week on the Daily Chart. I'm waiting for a retrace on H4.....

look for buy entries in lower TF...

see this posts

http://www.forexfactory.com/showthre...64#post9045864

http://www.forexfactory.com/showthre...94#post9043794
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,363
  • Jul 25, 2016 4:43pm Jul 25, 2016 4:43pm
Quoting emmanuel7788
{quote} Look at W1 candles .. look at most recent price close as swing levels and support and resistance.... 1.45359 {image} the H4 candles, watchout for reaction at BRN, mostly will pull back because some buyers will exit at BRN. {image}

Look at how price behave at BRN and the weekly price swing levels...

we now look for the break above...

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Week 30 Jul 25 H1 BRN and W1 swing level.png Size: 63 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,364
  • Jul 25, 2016 5:07pm Jul 25, 2016 5:07pm
TDI setting compare:

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD TDI vs Pro seeting compare.png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,365
  • Jul 25, 2016 5:25pm Jul 25, 2016 5:25pm
Quoting emmanuel7788
{quote} read this post and that USDCAD chart http://www.forexfactory.com/showthre...09#post9047209 and this chart below: {image}
Thank you very much emma i understand now
2% target/Month !
  • #70,366
  • Jul 25, 2016 5:29pm Jul 25, 2016 5:29pm
Quoting emmanuel7788
TDI setting compare: {image}
Tks this info. Really interesting. Will try.
  • #70,367
  • Jul 25, 2016 5:59pm Jul 25, 2016 5:59pm
GBPAUD good entry ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH4.png Size: 41 KB
2% target/Month !
  • #70,368
  • Jul 25, 2016 6:35pm Jul 25, 2016 6:35pm
Quoting irvanhidan
GBPAUD good entry ? {image}

your current H4 candle still not closed yet. ... it say 2:30 remaining time.
the recent 10 H4 candles are small, and that big candle to the left before the small candles say that there is consolidation.
wait for a breakout
or buy at support
or sell at resistance,


always check the 3 timeframes - W1, D1 and H4 for the setups.
and when we see such big H4 candle to the farther left, we can trade in H1.
or wait for the D1 to close below the 5EMA so that its is in synergy with the W1.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Week 30 Big Picture.png Size: 87 KB


Always apply what Big E said in his posts #261 and #647, and pick only the best setups like he did.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,369
  • Jul 25, 2016 6:41pm Jul 25, 2016 6:41pm
Quoting emmanuel7788
{quote} look for buy entries in lower TF... see this posts http://www.forexfactory.com/showthre...64#post9045864 http://www.forexfactory.com/showthre...94#post9043794
Thanks for the links I am building a position as I type this. I currently have one small position with additional trades ready to go.

I just closed EJ for 100 pips and fought my way out of a poor entry on UJ with MESE.
Successful people do what unsuccessful people are not willing to do
  • #70,370
  • Jul 25, 2016 7:07pm Jul 25, 2016 7:07pm
Quoting emmanuel7788
{quote} your current H4 candle still not closed yet. ... it say 2:30 remaining time. the recent 10 H4 candles are small, and that big candle to the left before the small candles say that there is consolidation. wait for a breakout or buy at support or sell at resistance, always check the 3 timeframes - W1, D1 and H4 for the setups. and when we see such big H4 candle to the farther left, we can trade in H1. or wait for the D1 to close below the 5EMA so that its is in synergy with the W1. {image} Always apply what Big E said in his posts #261...
thanks again emma you are the best trader !
2% target/Month !
  • #70,371
  • Jul 25, 2016 8:58pm Jul 25, 2016 8:58pm
Quoting emmanuel7788
{quote} wait for a breakout.
HI Emanuell

The EURCAD Long was good today. Its like you told me TP @ Weekly Swing and you got the Pips in your pockets.

I have a Question EM. I read Inside Bars and Outside Bars are important for your Trading. So if i understand correctly u use the Outsidebars for a BA Trade? Like in this Screen.

Attached Image (click to enlarge)
Click to Enlarge Name: 12.jpg Size: 84 KB


On which side in this large Thread you tell about this Theme?

thx for your help.

LZ
mia san mia since 1900
  • #70,372
  • Jul 25, 2016 9:28pm Jul 25, 2016 9:28pm
Nice or Bad EM????

I think if the price BA on the WRB in combination with the TDI....we have maybe another Long Entry right?

Attached Image (click to enlarge)
Click to Enlarge Name: 36.jpg Size: 154 KB
mia san mia since 1900
  • #70,373
  • Jul 25, 2016 10:07pm Jul 25, 2016 10:07pm
Hello everyone

I have already read BigE's posts and downloaded the template. But I see that this thread has more than 3500 pages and 70,000+ posts. Many people have contributed to the thread which is great. Do I need to read the whole thread to get an idea about the CURRENT SITUATION of this method? Or the rules given by BigE 5 years ago still valid?

Can some one please help me Thanks in advance
  • #70,374
  • Jul 25, 2016 10:15pm Jul 25, 2016 10:15pm
Quoting TampaFX
{quote} Thanks for the links I am building a position as I type this. I currently have one small position with additional trades ready to go. I just closed EJ for 100 pips and fought my way out of a poor entry on UJ with MESE.
I think we should wait more time to re-entry buy.

Is it a valid entry for USDCAD? Only one thing it is not in the direction higher timeframe. Any suggestion please. thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H1 July 26,2016.jpg Size: 737 KB
Keep DISCIPLINE, control RISKS, and don't destroy your DREAM easily.
  • #70,375
  • Jul 25, 2016 10:25pm Jul 25, 2016 10:25pm
Quoting Bluesky8635
{quote} I think we should wait more time to re-entry buy. Is it a valid entry for USDCAD? Only one thing it is not in the direction higher timeframe. Any suggestion please. thanks. {image}

HI

I see this trade too. But im still flat. Im not pro,,, so i cant say you its good or bad.
I think maybe we have a little consolidation. So if you want scalp maybe its good. Against the TREND i dont like.

LZ
mia san mia since 1900
  • #70,376
  • Jul 25, 2016 10:34pm Jul 25, 2016 10:34pm
Quoting SlownSteadyy
Hello everyone I have already read BigE's posts and downloaded the template. But I see that this thread has more than 3500 pages and 70,000+ posts. Many people have contributed to the thread which is great. Do I need to read the whole thread to get an idea about the CURRENT SITUATION of this method? Or the rules given by BigE 5 years ago still valid? Can some one please help me Thanks in advance
Where to start for newbies to Trading made Simple?
Post#69,359
http://www.forexfactory.com/showthre...58#post8962658
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,377
  • Jul 25, 2016 10:36pm Jul 25, 2016 10:36pm
emmanuel7788
hi i am flowing ur thank help our
Attached Image (click to enlarge)
Click to Enlarge Name: Picture3.jpg Size: 129 KB
  • #70,378
  • Jul 25, 2016 10:37pm Jul 25, 2016 10:37pm
Quoting Bluesky8635
{quote} I think we should wait more time to re-entry buy. Is it a valid entry for USDCAD? Only one thing it is not in the direction higher timeframe. Any suggestion please. thanks. {image}

of course you can sell in H1 now when you are trading the short term.
but when it turn around, are you prepared to buy and join the medium term traders?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,379
  • Jul 25, 2016 10:44pm Jul 25, 2016 10:44pm
Quoting LazyTrad3r
{quote} HI Emanuell The EURCAD Long was good today. Its like you told me TP @ Weekly Swing and you got the Pips in your pockets. I have a Question EM. I read Inside Bars and Outside Bars are important for your Trading. So if i understand correctly u use the Outsidebars for a BA Trade? Like in this Screen. {image} On which side in this large Thread you tell about this Theme? thx for your help. LZ

Inside Bar are small candles,
Outside Bars are big candles,
Wide Range Bars are also big candles but WRB are not always Outside Bar.

What Big E said about look at the candles, big candles and small candles but he never used any of these common terminologies to describe them. So why can't we be more specific and use some of these common price action terms. After all, Post#647 is all about the basic forex stuff.

Price Action stuff:
Profiting in Forex Post#20,118 by Steve Nison
Three powerful forex pattern pdf... Post#20,110
Hikkake: Post#16,419
Inside Bar : Post#42,301
Mother Bar : Post#55,045
Master Candle : Post#28,556 pdf in Post#25,594
Master Candle (3): Post#54,546
WRB introduction in the pdf TMS 5-Method Basic Rules: Post#53,842
Wide Range Bar study: Post#54,551

PASR=Price Action Support and Resistance
Start with this Post# 53,670
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,380
  • Jul 25, 2016 11:27pm Jul 25, 2016 11:27pm
Quoting emmanuel7788
{quote} Where to start for newbies to Trading made Simple? Post#69,359 http://www.forexfactory.com/showthre...58#post8962658
Thank you very much emmanuel. I really appreciate it
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