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Trading Made Simple

Hi All,

Jumped in on this trade on the 1 hour, after following the GBP/NZD trend up, figured the AU maybe next to run, was just going to follow it for an hour or two, have been reading up on this thread and am very eager to trade this method properly, have been more so looking at 4H Charts..I do prefer the idea of 'Less Noise' and higher TF's After holding for an hour and a bit was ready to take my pips and move on and thought I would switch time frames, 4 H is showing strong lift in TDI - How does this look for a Longer Hold, I have just recently opened a new Demo account, will not be going Live for Some time, really want to get this all down properly,

Cheers and thanks for having me,
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Hi

New to thread.

I shorted EURGBP:
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Hi RF,

Quoting ReverseFlash
This is my first 'TMS' trade on Demo TE. If I'm making any mistake, please point it out, all the critics are welcome.
Pros: the TDI angle is good and in >50 area
Neutral: this is a bounce trade so like Big E said your odds are lower
Cons: you are trading straight into major resistance area.

For what is worth I personally would have stayed out and did not take this trade. I also think it would be a good idea to set your stop below the wicks of 19 Apr 20:00 candles, just to be on the safe side.

Conclusion: it is a 50/50 chance, but again I would personally pass on this one.

Good luck with your trade!
Quoting ReverseFlash
Good day Fellow Traders. This is my first 'TMS' trade on Demo TE. If I'm making any mistake, please point it out, all the critics are welcome. According to member Tekkies TDI is the Holy Grail, so I think there's no way this trade can go wrong LOL. Good luck with your trades. {image}

You have the MN and W1 in your favour.
Need to pay attention to the BRN 00 levels. The last reaction and pause was at the 00 levels.
There is higher low seen on your H4 swing, which is often good sign.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} After watching that Boris Schlossberg video, I like to ask these:- 1) How many times do you want to trade in one day? 2) How many trades do you want to make in one day? Let me hear some of you answer these questions above.
I only take trades at one time at the day, at the start of the new candle. I'm living in Germany, so new candle will be at 23 o'clock. Yesterday I look at 23 o'clock at the charts, decide to not take a trade and switched of.

How many trades I want to make in one day? When a setups comes only one trade per currency group on one day, so maybe in one month or 20 days it will be 5-8 trades...

maybe I did not express myself correctly. my English is very bad, excuse me

regards
Quoting emmanuel7788
{quote} You have the MN and W1 in your favour. Need to pay attention to the BRN 00 levels. The last reaction and pause was at the 00 levels. There is higher low seen on your H4 swing, which is often good sign.
is the WRB on daily/H4 from 18th april not relevant at this trade? ok, now it seems that it will break out of this range...
Haven`t posted on here in a while still looking on the downside but had some support from weekly, nice blue apb on the daily although still below 32 but on h4 nice higher highs up to some resistance +94
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Quoting jamesrs59
Hi All, Jumped in on this trade on the 1 hour, after following the GBP/NZD trend up, figured the AU maybe next to run, was just going to follow it for an hour or two, have been reading up on this thread and am very eager to trade this method properly, have been more so looking at 4H Charts..I do prefer the idea of 'Less Noise' and higher TF's After holding for an hour and a bit was ready to take my pips and move on and thought I would switch time frames, 4 H is showing strong lift in TDI - How does this look for a Longer Hold, I have just recently...
Closed Trade out at a healthy profit - Decided to stick with the 1 hour drift I had originally started in, hope for some feedback, TDI didn't have the right angle in 4H chart amongst a few other factors, but a good first trade for TMS - Maybe a bit of luck on my side.
closed accidently for +32
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Quoting emmanuel7788
New York closed 2 hours ago and Sydney opened 2 hour ago. Do you see any trade setups on D1 charts? Tokyo will open in about 1 hour time (GMT0000), what will you do you if you missed an entry when Sydney open?
Emanuel what do you think about EUR/GBP she look's good im in by the way, good angle oversold allredy thumbs UP
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Quoting mizi123
{quote} Emanuel what do you think about EUR/GBP she look's good im in by the way, good angle oversold allredy thumbs UP {image}
Hi, mizi.
Emm mean that Monday have a big gap (first bar on Monday). If you delete APB and see simple bar you figure out it.
After similar gaps we must be very careful with TDI.
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There is no reason to trade if there is no reason to trade.
GBP pairs finding another gear
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Quoting mizi123
{quote} Here they are That's more or less the way I trade on the D1. I don't like repeating over and over again the same rules I mentioned before, so if you want scroll back a few pages. Keep it simple. OK folks, one more time, the last..... these are my rules. Try it for yourself, first on DEMO! I am doing this too now for several weeks and I have been made a very good Profit. 1. TDI crossing green/red. 1a. At the same time look at the Price Action HA candles. Is it the first or second candle? Yes? Go! 1b. Be careful when the crossing green/red...
Here they are? What do you mean man? You copied my rules for 100% which I told in this thread a few times and now you are telling these are my rules? I don't like that
Keep it simple without too many crappy indicators!
Closed EURGBP --> TDI flattened

Short AUDCAD:
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Here are OP Big E' rules,

Click and read One, Two and Three

now you can fight over them. LOL.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting mizi123
{quote} Emanuel what do you think about EUR/GBP she look's good im in by the way, good angle oversold allredy thumbs UP {image}

Following Big E's rules, no trade because the reversal is big candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Scrambleguy
closed accidently for +32 {image}

very nicely done...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Deichkind
{quote} is the WRB on daily/H4 from 18th april not relevant at this trade? ok, now it seems that it will break out of this range...

every price bar/Ha candle is relevant in the overall big picture.

that H4 WRB was a Master Candle the MC Low was support tested twice and the high was also tested and the BRN.

Just a matter of time it will breakout but we don't know when.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Socialbased
Hi New to thread. I shorted EURGBP: {image}

Too early to sell.
Too late to buy.
so we WAIT....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting mizi123
{quote} Emanuel what do you think about EUR/GBP she look's good im in by the way, good angle oversold allredy thumbs UP {image}
You are supposed to focus on Noise Free System isn't it?
CHECK MY TE !
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