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Trading Made Simple

  • #77,361
  • Mar 15, 2017 12:56pm Mar 15, 2017 12:56pm
Quoting Tekkies
{quote} Did not gave attention to S/R and candle's. This trade is not going any where Watching trade. D1 show that it might go down. The other trade's to the left are learning trade's. I look at them ask myself time and time again"what was I thinking" (For me this is the only real way to learn. Small lot size on a live micro account. ZAR as base currant). {image} edit: now 0.15 profit. should i close or keep open


i think it would've been nicer if the red line was also angling downward like green line.
  • #77,362
  • Edited Mar 16, 2017 3:29am Mar 15, 2017 1:37pm | Edited Mar 16, 2017 3:29am
Quoting Tekkies
{quote} Did not gave attention to S/R and candle's. This trade is not going any where Watching trade. D1 show that it might go down. The other trade's to the left are learning trade's. I look at them ask myself time and time again"what was I thinking" (For me this is the only real way to learn. Small lot size on a live micro account. ZAR as base currant). {image} edit: now 0.15 profit. should i close or keep open
Wow, BigE said that news does not effect H4 that much post#11. In post#779 and #1531 he tell's you what to do with news.
Had a buy order in that would make me slap my self silly.
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  • #77,363
  • Mar 15, 2017 1:39pm Mar 15, 2017 1:39pm
Quoting Tekkies
{quote} Wow, BigE said that new does not effect H4 that much post#11. In post#779 and #1531 he tell's you what to do with news. Had a buy order in that would make me slap my self silly. {image}
nice, I took my positions off too, just 2 shorts
the cautious seldom err....C
  • #77,364
  • Mar 15, 2017 1:40pm Mar 15, 2017 1:40pm
i think sure now eruaud work day signal
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maintain discipline
  • #77,365
  • Mar 15, 2017 1:42pm Mar 15, 2017 1:42pm
Quoting faatkumo
{quote} i think it would've been nicer if the red line was also angling downward like green line.
faatkumo BigE did not pay attention to what the red line is doing. It was used so that green can make a cross.
https://www.forexfactory.com/showthr...52#post4601752
  • #77,366
  • Mar 15, 2017 1:46pm Mar 15, 2017 1:46pm
Quoting Tekkies
{quote} faatkumo BigE did not pay attention to what the red line is doing. It was used so that green can make a cross. https://www.forexfactory.com/showthr...52#post4601752

gotcha.
i assume it can't hurt though.
  • #77,367
  • Mar 15, 2017 1:46pm Mar 15, 2017 1:46pm
Quoting Tekkies
{quote} Wow, BigE said that new does not effect H4 that much post#11. In post#779 and #1531 he tell's you what to do with news. Had a buy order in that would make me slap my self silly. {image}
Hi Tekkies,

Couldnt help but to notice your candles seem abit different from mine for USD/CAD, would like to check if you are using Synergy APB or Heiken Ashi?
I am using Synergy APB so maybe that's why it could be different, TDI signals seems the same for the both of us so no worries there.

Also since I am on the topic, would you be able to advice on what is the difference between Synergy APB and Heiken Ashi?
Would like to know which one is better.
Searched this thread but it seems to be a bit of a grey area.
Thank you in advance

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  • #77,368
  • Mar 15, 2017 1:52pm Mar 15, 2017 1:52pm
Quoting pips29
{quote} nice, I took my positions off too, just 2 shorts
Pips that trade is beginner's luck. i did not know which direction the market will move. Placed an trade basised on the cross a few bar's back.

How do you determine the direction the market will move on such a Red new's? Most webpages are in conflict with each are or use the word's "can" "should" "could" those type of word's are used when a person is not sure of himself.
"I see" like those word's the best. How can he see something that has not happened yet.
  • #77,369
  • Mar 15, 2017 1:52pm Mar 15, 2017 1:52pm
finally got this working.. i am away alot so use a sl / tp ratio of 1:1 but this seems to low as before i have even left i hit tp @ 61pips should i aim more for 1:2 ????
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  • #77,370
  • Mar 15, 2017 1:58pm Mar 15, 2017 1:58pm
aj nj eruaud hold day signal
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maintain discipline
  • #77,371
  • Edited Mar 16, 2017 5:23am Mar 15, 2017 2:11pm | Edited Mar 16, 2017 5:23am
Quoting wildcard
{quote} Hi Tekkies, Couldnt help but to notice your candles seem abit different from mine for USD/CAD, would like to check if you are using Synergy APB or Heiken Ashi? I am using Synergy APB so maybe that's why it could be different, TDI signals seems the same for the both of us so no worries there. Also since I am on the topic, would you be able to advice on what is the difference between Synergy APB and Heiken Ashi? Would like to know which one is better. Searched this thread but it seems to be a bit of a grey area. Thank you in advance {image}...
Am trying to learn candle's (price action) have found that Synergy and Heiken Ashi filter the noise to much and conceal to much of the real bar and wick's. There for I use only candle bar. Old member's preferred Synergy APB. BigE posted that he used Heiken Ashi candles #1
Snarlyjack poste this: https://www.forexfactory.com/showthr...69#post6559469. Can not advice you.
edit 1: find it hard to remove stoch.
edit 2: Read emmanual's post 2 post above Snarlyjack's post. Compare that to his post's now.
edit 3:https://www.forexfactory.com/showthr...33#post6559533
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  • #77,372
  • Mar 15, 2017 2:15pm Mar 15, 2017 2:15pm
Quote
Am trying to learn candle's (price action) have found that Synergy and Heiken Ashi filter the noise to much and conceal to much of the real bar and wick's. There for I use only candle bar. Old member's preferred Synergy APB. BigE posted that he used Heiken Ashi candles #1
Snarlyjack poste this: https://www.forexfactory.com/showthr...69#post6559469. Can not advice you.

nice chart mate 3 indi only...
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maintain discipline
  • #77,373
  • Mar 15, 2017 2:17pm Mar 15, 2017 2:17pm
Quoting Sup3rnov4
finally got this working.. i am away alot so use a sl / tp ratio of 1:1 but this seems to low as before i have even left i hit tp @ 61pips should i aim more for 1:2 ???? {image}


W1 hasn't confirmed a SELL HA candle.

HOWEVER this is one that i basically agree with for sure on a D1 H4 H1 setup.


How did you place your SL, what is the idea of this? how did you get this level?
  • #77,374
  • Mar 15, 2017 2:44pm Mar 15, 2017 2:44pm
Quoting emmanuel7788
Folks, Tomorrow March 15 London and NY sessions will be a big day for forex trading. So trade with extra caution. Capital protection is always top priority. Stay away from low timeframe trading for one day and you wont regret it.
so it happens today FED raised rates after much anticipation for months.

Today EURUSD intraday hit all 3 TPs - TP1, TP2 and TP3 easily

USDJPY so far hot TP1 and TP2.

Trade away from the Day Open follow 5-Method classic setup. Simple enough for me and lots of day traders.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #77,375
  • Mar 15, 2017 2:45pm Mar 15, 2017 2:45pm
Quoting Sup3rnov4
finally got this working.. i am away alot so use a sl / tp ratio of 1:1 but this seems to low as before i have even left i hit tp @ 61pips should i aim more for 1:2 ???? {image}
Hope this will help
https://www.forexfactory.com/showthr...60#post6559760
  • #77,376
  • Mar 15, 2017 2:50pm Mar 15, 2017 2:50pm
Quoting mokuro89
{quote} Hi Emmanuel, where is the hard SL in this case? behind the last low? Thanks!

Hi Mokuro,

Always have a hard SL set in your broker terminal to protect your accounts for days like Jan 15 2015.

But when trading with ME/ME there is a dynamic smart cut-loss manage by ME/ME trade manager. This is way before hard SL happens.

Of some traders prefers to use SteveHopwood 'shirt protection' parameter in his MPTM trade manager.

Whichever method - Always trade with a Stop Loss.


How's your trading this week?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #77,377
  • Mar 15, 2017 2:53pm Mar 15, 2017 2:53pm
Quoting emmanuel7788
{quote} so it happens today FED raised rates after much anticipation for months. Today EURUSD intraday hit all 3 TPs - TP1, TP2 and TP3 easily USDJPY so far hot TP1 and TP2. Trade away from the Day Open follow 5-Method classic setup. Simple enough for me and lots of day traders. {image} {image}


Your "TPs" are what exactly? what is that indicator?
  • #77,378
  • Mar 15, 2017 2:56pm Mar 15, 2017 2:56pm
Quoting Sup3rnov4
finally got this working.. i am away alot so use a sl / tp ratio of 1:1 but this seems to low as before i have even left i hit tp @ 61pips should i aim more for 1:2 ???? {image}

@SuperNova,

You broke one rule - you did not exit when TDI went flat.

But that is okay so long when you make money with that trade.

To every rule, there is exception.

That setup candle was a good one.

Good trade anyway.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #77,379
  • Mar 15, 2017 3:02pm Mar 15, 2017 3:02pm
Quoting faatkumo
{quote} Your "TPs" are what exactly? what is that indicator?

I explained this in my posts today.

Always read my post on daily basis and you will keep up to date with me here.

If you don't read this thread on regular basis, you will be left behind.

The same, I do when I see PMs early today on GBP pairs and I post here to reply and many traders who read my posts this morning made money today with GBP pairs before FOMC.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #77,380
  • Mar 15, 2017 3:13pm Mar 15, 2017 3:13pm
Quoting wildcard
{quote} ... what is the difference between Synergy APB and Heiken Ashi? Would like to know which one is better. Searched this thread but it seems to be a bit of a grey area. Thank you in advance {image}
I have answered almost every question in in the past 5 years since the OP stopped posting in 2011 and he passed away in Oct 2012.
This made me develop patience and that help me in my trading too.

Average Price Bar APB

HeikenAshi study : Post#18,483
Japanese Candlesticks vs Synergy APB vs HeikenAshi Post# 3304 Post# 56,193
Note:

1) The APB Open and the HA Open are the same.

2) The APB Close is not the same as the HA Close. Why?

HA Close is = OHLC/4
APB Close is = {OHLC/4 + C}/2
APB Indicators : Post#28,535

Lots of tutorial videos by the APB creator but you need to know how to find them.

You have to go back to Big E old thread here:
https://www.forexfactory.com/showthr...69#post9661569

I am not allowed to post those videos in here because they have commercial content.

Edit: add,

The TDI is based on the real price bar OHLC not the APB /HA candles.
So no matter what you use to trade - the price bar or APB/HA or Japanese candlesticks, the TDI signal will always be the same.

If you want a TDI to be based on the APB/HA, I cam make one for you. That may make this 5-Method responsive the the APB/HA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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