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Trading Made Simple

  • #77,721
  • Mar 17, 2017 9:47am Mar 17, 2017 9:47am
Quoting Lookleft
{quote} No need to look at a higher time time frame it was price reacting to the big round number. Load BNLevels on your charts (it's what is down the right hand side of my charts) and spend the weekend seeing what price does at the BRN on almost any pair. I've only seen 1 person in recent times actually trade like Big E. The reason he went straight into profit was he entered most of the time at the opening of the first candle if he saw a TDI cross (that takes B**LS). If you wait for the H4 to close chances are there will be a pull back on a lower...
It does. Still need to find those other two. Lost them some how along the way. Might be that margin call. (sorry emm)
  • #77,722
  • Edited 10:05am Mar 17, 2017 9:48am | Edited 10:05am
Hey guys can someone please help me post #77637
  • #77,723
  • Mar 17, 2017 9:48am Mar 17, 2017 9:48am
Quoting Lookleft
{quote} No need to look at a higher time time frame it was price reacting to the big round number. Load BNLevels on your charts (it's what is down the right hand side of my charts) and spend the weekend seeing what price does at the BRN on almost any pair. I've only seen 1 person in recent times actually trade like Big E. The reason he went straight into profit was he entered most of the time at the opening of the first candle if he saw a TDI cross (that takes B**LS). If you wait for the H4 to close chances are there will be a pull back on a lower...
Who was that trader ll?
  • #77,724
  • Mar 17, 2017 9:51am Mar 17, 2017 9:51am
Quoting Tekkies
{quote} It does. Still need to find those other two. Lost them some how along the way. Might be that margin call. (sorry emm)
Do the words STOP LOSS mean anything to you
Never argue with a fool; onlookers may not be able to tell the difference.
  • #77,725
  • Mar 17, 2017 9:52am Mar 17, 2017 9:52am
Quoting heispark
{quote} I also find weekly fibonacci pivot is useful. If i remember correctly, Likika was the first one who adopted this pivot among TMS traders. As you may know already, she has been using this for very long time. Lastingwell also adopted it months before she died (affected by Itsallover) and she liked it. When you have free time, you may want to try Murrey Math and see which one's better.
I have traded with pivots before and was not successful then but combining with tdi and pa I believe "bad" trades can be avoided..this morning I took a loss on g/a and I would not blame the pivots or pa...sterling was strong when I took that trade and several 4 hour candles pierced the pivot but did not close above. I took the trade when the candle closed above with a bullish candle...I don't know what happened when sterling weaken all round and so I ate a loss. I did everything correct imo but I still took a loss...this comes as new to me as all along I thought LK traded divergence more often than not..I must have missed her posts about pivots...she is no longer posting and I wonder why?
the cautious seldom err....C
  • #77,726
  • Mar 17, 2017 9:53am Mar 17, 2017 9:53am
Quoting Emerald2112
{quote} lol i tried to scalp in there but ive no patience {image}
You were scared weren't you
Never argue with a fool; onlookers may not be able to tell the difference.
  • #77,727
  • Mar 17, 2017 10:04am Mar 17, 2017 10:04am
Quoting Lookleft
{quote} Thanks pips. It's the one built into the synergy_pro_APB. Great for spotting consolidation and keeping you in trades without panicking about the TDI flapping about. PS Hope you didn't get too burnt with GA
it happens but well within my limits, not to worry ,will get it back
the cautious seldom err....C
  • #77,728
  • Mar 17, 2017 10:09am Mar 17, 2017 10:09am
Quoting Lookleft
{quote} You were scared weren't you
It's common when we are winning and the fear of giving back pips does affect me too..it's quite often that when we are losing that we lose that fear and start making excuses and start moving the stop...only human I guess
the cautious seldom err....C
  • #77,729
  • Mar 17, 2017 10:19am Mar 17, 2017 10:19am
Curious what the conventional TMS consensus is relative to closing your positions prior to the weekend ---> For H4 and below I am out.

But how about D1 and W1 ?
  • #77,730
  • Mar 17, 2017 10:21am Mar 17, 2017 10:21am
Hi all,

thinking of selling, 2nd candle 4H, i think its good anyone else concur?
Attached Image
  • #77,731
  • Mar 17, 2017 10:26am Mar 17, 2017 10:26am
Any help ?????

Post #77647
  • #77,732
  • Mar 17, 2017 10:34am Mar 17, 2017 10:34am
Hi Sup3r,

Quoting Sup3rnov4
Any help ????? Post #77647
Did you mean your post 77637?

Because if it is post 77637 I think you answered it yourself, your comments are correct.

I don't trade H4, only D1 and H1, but leaving the timeframe aside, I would not have taken a trade if it had the TDI cross like in your first two trades. It was way too weak.

Hope this helps.
  • #77,733
  • Mar 17, 2017 10:39am Mar 17, 2017 10:39am
Quoting Lookleft
{quote} You were scared weren't you
I'm crapping my self and its only on Demo Still am up a few hundred on the day on a 10K demo account so if I could only do this every day. Probably the luck of the Irish though Happy St Patricks day and Green Pips to all most of all meeee

ps yes I am from the Emerald Isle
  • #77,734
  • Mar 17, 2017 10:46am Mar 17, 2017 10:46am
Quoting michael_k
Hi Sup3r, {quote} Did you mean your post 77637? Because if it is post 77637 I think you answered it yourself, your comments are correct. I don't trade H4, only D1 and H1, but leaving the timeframe aside, I would not have taken a trade if it had the TDI cross like in your first two trades. It was way too weak. Hope this helps.
Thanks so much I will have to just clear my pairs and my plan as I got a signal again this morning both the 1d and the 4h said sell above the 68 and the 70 TDI between 4/6 instant opposite way haha. I don't get much time so trading hours for me are well off. I will try the 1h and only with the trend. Forget the correcrioms
  • #77,735
  • Mar 17, 2017 10:52am Mar 17, 2017 10:52am
Did anyone short EURUSD here? I was thinking it had to go back down at that previous low...correct? 20pips move down and TDI looked to confirm the move...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 today.png Size: 43 KB
  • #77,736
  • Edited 11:16am Mar 17, 2017 11:03am | Edited 11:16am
Quoting Lookleft
{quote} Do the words STOP LOSS mean anything to you
S/L. Don't use it. Look after trade and once trailer kick in I leave the trade alone. Now I am use to no S/L.
  • #77,737
  • Mar 17, 2017 11:06am Mar 17, 2017 11:06am
Quoting Kopan
Curious what the conventional TMS consensus is relative to closing your positions prior to the weekend ---> For H4 and below I am out. But how about D1 and W1 ?
Let them run. Then I use a hard stop placed at the broker sever. Trailer stop run's from the user's platform.
  • #77,738
  • Mar 17, 2017 11:09am Mar 17, 2017 11:09am
Quoting Nivian
Hi all, thinking of selling, 2nd candle 4H, i think its good anyone else concur? {image}
I don't think it's a good idea trading H4 on a FRiday especially when Lon is closing soon...if you must trade perhaps go down to the 15 min and find your trade there..just my thoughts
the cautious seldom err....C
  • #77,739
  • Mar 17, 2017 11:10am Mar 17, 2017 11:10am
Quoting alwaysposi
Didn't wait for second candle, should've I? {image}

yeah absolutely.

you don't know if the current H4 candle would've turn blue lol
  • #77,740
  • Mar 17, 2017 11:11am Mar 17, 2017 11:11am
Quoting alwaysposi
Didn't wait for second candle, should've I? {image}

what are you 40 pips in profit?
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