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Trading Made Simple

  • #72,221
  • Oct 12, 2016 10:37pm Oct 12, 2016 10:37pm
Look at your EURUSD H4 and H1 charts, what are you looking to to trade today?

Then look at your TMS Monitor H1 and H4 tiemframes, what do you see when the candle of that timeframe closes.

You will know if there is any H1 trade setup you can trade with when this current H1 closes in 25mins. Then one hour later when H4 closes, you will see if thare is any possible trade to take.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,222
  • Oct 12, 2016 10:41pm Oct 12, 2016 10:41pm
Quoting emmanuel7788
AJ Tokyo open Oct 13, looking for 'stop hunt'..and follow he money during the early morning Tokyo rush.

Today AUDJPY H1 trades.
Both trades were 'set and forget' as I move my SL to above SYD_2H high and left my PC.
set small TP as it is counter to yesterday D1 candle.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Oct 13 h1 trades SYDTOK hours.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,223
  • Oct 12, 2016 10:44pm Oct 12, 2016 10:44pm
Quoting muyir
{quote} Hi Emman, i tried to follow MEME these days. I remember one rule is to control each basket's maximum loss under 2%. I saw your float loss 2.5% here, which i suppose it is for EN only. Does it mean that it is to control float loss plus banked in pips under 2%? muyir
Hi,

it is for 5 currency pairs traded at the same time.
You know I pick 5 pairs out of my 16 pairs every time and have baskets of trades running.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,224
  • Oct 12, 2016 11:00pm Oct 12, 2016 11:00pm
EURUSD H1 with TMS Monitor... before H1 close

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor EURUSD Oct 13 GMT 0350.png Size: 84 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,225
  • Oct 12, 2016 11:53pm Oct 12, 2016 11:53pm
EURUSD 10mins to H1 and H4 close...

H1 C-Slope = 4 not good enough looking at P-Slope and current PA.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD oct 13 TMS Monitor GMT0450.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,226
  • Oct 13, 2016 12:08am Oct 13, 2016 12:08am
EURUSD H1 and H4 new candle open.

Next H4 will close 2 hours after London Open later.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD TMS Monitor H4 oct 13 GMT 0500.png Size: 90 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,227
  • Oct 13, 2016 12:17am Oct 13, 2016 12:17am
EURUSD H1 trade possibility, continuation of D1 chart PA.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD oct 13 TOK5H candle.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,228
  • Oct 13, 2016 2:39am Oct 13, 2016 2:39am
EURUSD Oct 13 current H4 bar/candle to close in 1 hour 20 mins,

do you have the patience and discipline for this?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 13 H4 price action LS close GMT0900.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,229
  • Oct 13, 2016 2:45am Oct 13, 2016 2:45am
Quoting emmanuel7788
{quote} Today AUDJPY H1 trades. Both trades were 'set and forget' as I move my SL to above SYD_2H high and left my PC. set small TP as it is counter to yesterday D1 candle. {image}
Nice popgun entry!
  • #72,230
  • Oct 13, 2016 2:50am Oct 13, 2016 2:50am
Quoting catalin_eros
{quote} Nice popgun entry!

that 'pop-gun' ended yesterday's mini bull rally at BRN 79.00 I was sleeping my usual bedtime
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,231
  • Oct 13, 2016 3:41am Oct 13, 2016 3:41am
Fra 40 , m15 .. vola bands oversold .. nice cross TDI
Jumped in for about 23 pips

Guido
Attached Image (click to enlarge)
Click to Enlarge Name: FRA_40M15 m15.png Size: 43 KB
Risiko birgt immer auch die Chance.
  • #72,232
  • Oct 13, 2016 3:42am Oct 13, 2016 3:42am
Quoting emmanuel7788
{quote} that 'pop-gun' ended yesterday's mini bull rally at BRN 79.00 I was sleeping my usual bedtime
I noticed you wrote 'popgun' with inverted commas. Wasn't it a valid popgun, Emm? IB followed by a BEOB.
  • #72,233
  • Oct 13, 2016 4:22am Oct 13, 2016 4:22am
Quoting catalin_eros
{quote} I noticed you wrote 'popgun' with inverted commas. Wasn't it a valid popgun, Emm? IB followed by a BEOB.

A POP-GUN pattern see example attached below.

An Outside Bar OB following an Inside Bar IB is not necessary a POP GUN, the OB must also engulf the Mother bar of the IB.

more on the AUDJPY H1, there was a big candle near the top of recent previous price action PPA resistance seen to the left. That big candle is also a WRB which is an early warning of WRB ranging market type. That WRB High acts as resistance and the BRN. confluence.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD POP GUN setup.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,234
  • Oct 13, 2016 4:59am Oct 13, 2016 4:59am
Quoting emmanuel7788
{quote} A POP-GUN pattern see example attached below. An Outside Bar OB following an Inside Bar IB is not necessary a POP GUN, the OB must also engulf the Mother bar of the IB. more on the AUDJPY H1, there was a big candle near the top of recent previous price action PPA resistance seen to the left. That big candle is also a WRB which is an early warning of WRB ranging market type. That WRB High acts as resistance and the BRN. confluence. {image}
We are looking at the same chart, but at different candles. I was talking about the bars right before your entry.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Oct 13 h1 trades SYDTOK hours.png Size: 41 KB
  • #72,235
  • Oct 13, 2016 5:20am Oct 13, 2016 5:20am
Quoting catalin_eros
{quote} We are looking at the same chart, but at different candles. I was talking about the bars right before your entry. {image}

a little higher is what I saw as WRB + POP GUN.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,236
  • Oct 13, 2016 5:52am Oct 13, 2016 5:52am
Quoting emmanuel7788
EURUSD Oct 13 current H4 bar/candle to close in 1 hour 20 mins, do you have the patience and discipline for this? {image}
Thank you for such great examples, Emmanuel!
  • #72,237
  • Oct 13, 2016 6:20am Oct 13, 2016 6:20am
Hi fellow FF members, learning on Demo, took EURNZD H4 trade, and closed with loss, can you please advise anything I did wrong? Any comments are welcome.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB
  • #72,238
  • Oct 13, 2016 6:25am Oct 13, 2016 6:25am
Quoting emmanuel7788
{quote} a little higher is what I saw as WRB + POP GUN. {image}
Much clearer than my popgun.
  • #72,239
  • Edited 7:00am Oct 13, 2016 6:41am | Edited 7:00am
Quoting anfei1972
Hi fellow FF members, learning on Demo, took EURNZD H4 trade, and closed with loss, can you please advise anything I did wrong? Any comments are welcome. Thanks {image}
Well, that is interesting because my chart looks really choppy but your chart shows things differently. My chart definitely shows consolidation with all the wicks on either ends.
Edited to add in consolidation bits
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd_4h_consolidation_13th_october_2016.png Size: 29 KB
  • #72,240
  • Oct 13, 2016 6:48am Oct 13, 2016 6:48am
Hello Emm,
fantastic explanation for TMS monitor,
thanks again,
we love you

Dan
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