Trading Made Simple

Quoting eelfranz

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My template from post #1.... I went to compassfx.com and downloaded: 1. TDI removing all lines but green and red. 2. APB (average price bars) 3. Synergy removing top yellow moving average

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Quoting emmanuel7788

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{quote} D1 is sideways and last Friday was a bullish D1. I am looking to see if it can close above 0.8657. This can trigger my buy decision. W1 still bearish looking and I will consider to buy when the PA can close above 0.8785.

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Quoting blueman

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Emmanuel, It is 10 EMA on your chart?, what kept you out of shorting the Aussie on the flash in the attached chart below? https://www.screencast.com/t/CZs7IOjKq Thanks for your great posts, have a happy trading week.

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Quoting inforserve

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{quote} Hi Xenol I do not use any particular template. Please find attached indicators. Cheers; {file} {file}

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Quoting cvgreen46

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sold EU too ... but as with the AU short, I am very aware of the H4 Master Candle, so if price reaches MC low will move SL to BE or maybe close for small pip profit. {image}

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Quoting emmanuel7788

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{quote} my H4 last candle close did not show momentum. different broker, different H4 candle closing time. but look at H1, they are the same and market is sideways now. so grab what the market give you. AUDUSD H4 Feb 6 GMT0848.png;2173985 {image}

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Quoting Pretoriano

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Emmanuel,is better Tdi or Stochastic for entry signal? Obviosuly PA is the king but one indicator is better than other or are all same? Thanks

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Quoting AndreasSYZ

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{quote} Hi Emm, Sorry but I am not seeing what you are seeing. Hopefully you could shed some light on this. Especially the 2 levels/points which you are looking at, 0.8657 and 0.8785. I do not see these levels breaking any highs of any bars or any historical points! Hope to hear from you soon Emm! Thanks!

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Quoting emmanuel7788

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{quote} D1 is sideways and last Friday was a bullish D1. I am looking to see if it can close above 0.8657. This can trigger my buy decision. W1 still bearish looking and I will consider to buy when the PA can close above 0.8785.

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Quoting Pretoriano

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{quote} Emmanuel,I have read all Big E posts and I have a good forex knowledge. I'm learning more things about PA and support/resistence on this thread without using pivot points,this is why I'm here. For example: Why Eur/Gbp daily is sideways? Friday candle has closed over Ema10,do u talking about Monday,Thursday,Wednesday and Thursday candles? Why are u waiting that price close above 0.8657? Weekly chart is bearish? But friday candle has closed on Ema10. Isn't sideways? And why are u waiting PA close above 0.8785?

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Quoting emmanuel7788

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{quote} @Pretoriano, here is an example why both the TDI and Stochastics cross are useless as entry signal. to trade this 5-Method you need skills to see these 10 things on your charts. Price Action Trend Multi-Time Frame Momentum Support and Resistance Continuation Volatility Market Strength Range Timing TDI and Stochastics useless.png;2174070 {image}

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Quoting emmanuel7788

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{quote} account size is important. in most cases traders trade with small accounts and position sizing with R is not possible and the smallest lot size is 0.01lot. if you use the same 0.01lot for every ME position in the same basket, it works but not very efficient to grow your trading account. for traders with large accounts and 1% can allow up to say 5 standard lots, there is another way to use increment in position size for 5 ME trades. This is very effective in growing your trade account. I trade with non-MT4 platform and I place multiple market,...

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Quoting Sesamstrasse

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{quote} Hi Emmanuel , .. Yep , 100% agree .. its not possible with a coule of houndered Euro account .. In the other hand : 5 lot trading with these MM requires an account of +200k Euro with a risk of 1-2 %.. depends on the timeframe and the distance to last swing high / low ( SL ) I don t have these possibilities atm .. .. but enough for starting the MEME .. Im really intrested in D1 , I made my first D1 steps last year and got some nice gain without a exact plan for buying . http://www.forexfactory.com/showthre...28#post9392328...

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Quoting cvgreen46

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Following on from my earlier posts showing short entries on AU and EU... Both trades were taken based on H4 ... have moved EU SL to BE and set TP inside low of MC... Screenshot1.png;2174460 Don't feel so comfortable with AU ... so have tightened the SL and again set TP to inside low of MC but may close for tiny pips before... Screenshot2.png;2174461 {image} {image}

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Quoting emmanuel7788

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{quote} tomorrow Asian session hours we have RBA AUD rate so expect volatility . Also Kiwi Inflation data to note.

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Quoting cvgreen46

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{quote} Thanks Emm, closed both positions, total 43 pips ... happy with that for today given both were executed inside MC's

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