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Trading Made Simple

  • #77,761
  • Mar 17, 2017 2:15pm Mar 17, 2017 2:15pm
Made 10 pips. I know Big E advised against it, but my logic is to cycle through many different trades and get an intimate understanding of TMS before fishing for larger pips. I have been burned trying to get that 100+ pip due to a change in trend. By only grabbing 10 pips, I get alot of practice, and I slip in and out before a trend change.

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  • #77,762
  • Mar 17, 2017 2:15pm Mar 17, 2017 2:15pm
Quoting Jaizy
I an taking a minute of my time To say that in tired of reading all of this back and fourth that doesnt profit anyone. I know that some people dfend this thread To keep it the way it is and i encourage it. But we have to keep in mind that a thread is to come together to improve th strategy. I think thats what Emmanuel and other members are doing. I have tried this strategy and obyed all th rules and i can say that it je missing little something. I do think that PA will greatly improve our succes ratio. I am looping foward To th time where everyone...
https://www.forexfactory.com/showthr...73#post9678573
You missed the party.
Post#647 is Price Action.
  • #77,763
  • Mar 17, 2017 2:17pm Mar 17, 2017 2:17pm
risking 4 for 19 pips....let's see...15min tf trade
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the cautious seldom err....C
  • #77,764
  • Mar 17, 2017 2:26pm Mar 17, 2017 2:26pm
Quoting pips29
risking 4 for 19 pips....let's see...15min tf trade {image}
Could work but I think everyone on Wall st is now drunk on whiskey...with an e
  • #77,765
  • Mar 17, 2017 2:42pm Mar 17, 2017 2:42pm
Quoting pips29
risking 4 for 19 pips....let's see...15min tf trade {image}
I've just gone long for a few quick pips
  • #77,766
  • Mar 17, 2017 2:46pm Mar 17, 2017 2:46pm
hmm does this always happen...thinking should look to buy/sell at the limits of the ADR...
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  • #77,767
  • Mar 17, 2017 2:56pm Mar 17, 2017 2:56pm
Quoting Emerald2112
hmm does this always happen...thinking should look to buy/sell at the limits of the ADR... {image}
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  • #77,768
  • Mar 17, 2017 3:12pm Mar 17, 2017 3:12pm
Quoting Emerald2112
hmm does this always happen...thinking should look to buy/sell at the limits of the ADR... {image}
Not TMS, but I will bite. Note that I'm using ATR in my examples. The short answer is sometimes. The long answer is that it works better in trending markets. Since ATR is a lagging, a trending market will make ATR lag even more. In a sideways market, ATR acts as support and resistance. The challenge is forecasting the type of market you're in.

Sideways:
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Trending:
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Your Chart (on my tick data):
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  • #77,769
  • Mar 17, 2017 3:24pm Mar 17, 2017 3:24pm
Quoting alwaysposi
Didn't wait for second candle, should've I? {image}

only a couple pips away from support as a TP of 75pips approx if you stayed in with an SL of roughly 55 pips.

=)
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  • #77,770
  • Mar 17, 2017 3:42pm Mar 17, 2017 3:42pm
Quoting Tekkies
{quote} {image}
Ok maybe its support now. It'd be nicer to catch the bigger move.
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  • #77,771
  • Mar 17, 2017 4:27pm Mar 17, 2017 4:27pm
Quoting mkfx
{quote} Hi info I always try to understand your entries in this trade not able to understand reason for short because weekly PA was abvoe 10 EAM and TDI was also up...... So do you take trades against the weekly TDI and opposite PA Thanks MK

Hi Mk

This one I took short with candle formation on H4. There was strong rejection with shooting star formation with IB breakout on H4 chart. I expected small profit since W1 trend is flat. So I put TP just above next structure.


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  • #77,772
  • Mar 17, 2017 4:31pm Mar 17, 2017 4:31pm
Just a big thanks to everyone who has tried to help after speaking to a few people I have spent the last 4 months trying to learn as much as pos to make a little to travel. Unfortunately I defiantly don't have enough time left to complete my training (sound like a jedi)

It is a shame as it is very interesting.

Best of luck to all in your forex adventure. I wish you all the best and many happy pips
  • #77,773
  • Mar 17, 2017 4:47pm Mar 17, 2017 4:47pm
Quoting TheRock
{quote} I've just gone long for a few quick pips
If you are looking for 10-20 pips a 15 min tf method is workable. I am pretty good on this tf and have been doing for years with my method on other threads
the cautious seldom err....C
  • #77,774
  • Mar 17, 2017 4:49pm Mar 17, 2017 4:49pm
Quoting Sup3rnov4
Just a big thanks to everyone who has tried to help after speaking to a few people I have spent the last 4 months trying to learn as much as pos to make a little to travel. Unfortunately I defiantly don't have enough time left to complete my training (sound like a jedi) It is a shame as it is very interesting. Best of luck to all in your forex adventure. I wish you all the best and many happy pips
Why no time. You getting married
the cautious seldom err....C
  • #77,775
  • Edited 5:12pm Mar 17, 2017 4:53pm | Edited 5:12pm
Quoting pips29
{quote} 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...
If i remember correctly, that pivot (with different name) was included in her chart package she shared in FF nearly from the begining. You still can see it from her charts posted. People in her thread didn't pay much attention to this weekly pivot until Davit started using it in Likika's thread.
I think she's quiet because now she prefers Facebook to FF.... Or just sick and tired of answering the same question again and again in her thread....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #77,776
  • Mar 17, 2017 4:57pm Mar 17, 2017 4:57pm
Quoting pips29
Why no time. You getting married


Na not so painful hah. Personal sorry dont wanna go into it
  • #77,777
  • Mar 17, 2017 5:08pm Mar 17, 2017 5:08pm
Quoting Sup3rnov4
{quote} Na not so painful hah. Personal sorry dont wanna go into it
Aah wish you well. God bless
the cautious seldom err....C
  • #77,778
  • Mar 17, 2017 5:11pm Mar 17, 2017 5:11pm
Quoting Sup3rnov4
{quote} Na not so painful hah. Personal sorry dont wanna go into it
What you dad told you leave it ?
It's in fear when people show what they truly value.
  • #77,779
  • Mar 17, 2017 5:19pm Mar 17, 2017 5:19pm
Quoting heispark
{quote} If i remember correctly, that pivot (with different name) was included in her chart package she shared in FF nearly from the begining. You still can also see it from her charts posted. People in her thread didn't pay much attention to this weekly pivot until Davit started using it in Likika's thread. I think she's quiet because now she prefers Facebook to FF.... Or just sick and tired of answering the same question again and again in her thread....
I didn't notice or she hasn't mentioned its relevance to her trading. Yes it's tiresome having to answer the same questions over and over again. It makes me wonder where Emm gets his energy from
the cautious seldom err....C
  • #77,780
  • Mar 17, 2017 5:19pm Mar 17, 2017 5:19pm
Quoting Sup3rnov4
Just a big thanks to everyone who has tried to help after speaking to a few people I have spent the last 4 months trying to learn as much as pos to make a little to travel. Unfortunately I defiantly don't have enough time left to complete my training (sound like a jedi) It is a shame as it is very interesting. Best of luck to all in your forex adventure. I wish you all the best and many happy pips

Hey Sup3rnov4

Learning to trade will take a lot of time especially when we have day jobs. The truth is learning never stops and since you already taken your first step into it.
You will eventually find time to continue.
In my own trading journey, I stopped many times and had taken long breaks but I always continue the the learning journey.
The trading journey is a very special journey, it will take you to places you never dream of, you will learn a lot of yourself than you realise and you become a better person.
Take the time off and return soon.
Take care.

I like this quotation by M Gandhi:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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