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Trading Made Simple

  • #79,221
  • Edited 12:48am Apr 25, 2017 12:37am | Edited 12:48am
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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  • #79,222
  • Apr 25, 2017 1:08am Apr 25, 2017 1:08am
Hi

New to thread.

I shorted EURGBP:
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  • #79,223
  • Apr 25, 2017 1:13am Apr 25, 2017 1:13am
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!
  • #79,224
  • Apr 25, 2017 2:11am Apr 25, 2017 2:11am
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
  • #79,225
  • Apr 25, 2017 2:14am Apr 25, 2017 2:14am
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
  • #79,226
  • Apr 25, 2017 2:27am Apr 25, 2017 2:27am
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...
  • #79,227
  • Apr 25, 2017 2:28am Apr 25, 2017 2:28am
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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  • #79,228
  • Apr 25, 2017 2:30am Apr 25, 2017 2:30am
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.
  • #79,229
  • Apr 25, 2017 2:32am Apr 25, 2017 2:32am
closed accidently for +32
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  • #79,230
  • Apr 25, 2017 3:42am Apr 25, 2017 3:42am
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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  • #79,231
  • Apr 25, 2017 3:53am Apr 25, 2017 3:53am
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.
  • #79,232
  • Apr 25, 2017 3:56am Apr 25, 2017 3:56am
GBP pairs finding another gear
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"the public is not yet ready for it" W.D. GANN
  • #79,233
  • Apr 25, 2017 4:14am Apr 25, 2017 4:14am
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!
  • #79,234
  • Apr 25, 2017 4:31am Apr 25, 2017 4:31am
Closed EURGBP --> TDI flattened

Short AUDCAD:
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  • #79,235
  • Apr 25, 2017 4:36am Apr 25, 2017 4:36am
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
  • #79,236
  • Apr 25, 2017 4:37am Apr 25, 2017 4:37am
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
  • #79,237
  • Apr 25, 2017 4:38am Apr 25, 2017 4:38am
Quoting Scrambleguy
closed accidently for +32 {image}

very nicely done...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,238
  • Apr 25, 2017 4:40am Apr 25, 2017 4:40am
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
  • #79,239
  • Apr 25, 2017 4:41am Apr 25, 2017 4:41am
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
  • #79,240
  • Apr 25, 2017 4:42am Apr 25, 2017 4:42am
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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