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Trading Made Simple

  • #79,801
  • May 18, 2017 3:06am May 18, 2017 3:06am
Quoting Deichkind
{quote} I've also problems with the MT4 build 1080 on a VPS with Win 2008 Server, MT4 crashes some minutes after starting the platform, so in the moment I can't do MEME with my trading manager I hope a new build will come and solve the problem....

Not sure what causing your type of problem but I notice some unusual behaviour when I started MT4 on the weekend.

There is thread discussing EA being removed from charts which I experienced too.
https://www.forexfactory.com/showthread.php?t=665577
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,802
  • May 18, 2017 3:07am May 18, 2017 3:07am
Quoting emmanuel7788
{quote} Not sure what causing your type of problem but I notice some unusual behaviour when I started MT4 on the weekend. There is thread discussing EA being removed from charts which I experienced too. https://www.forexfactory.com/showthread.php?t=665577
there is some change and small problem with mt4..

I think they have changed a build.
It's in fear when people show what they truly value.
  • #79,803
  • May 18, 2017 3:12am May 18, 2017 3:12am
Quoting Pamago
Entry in 4H, good angle of the TDI, in time frame D pinbar candle. {image}
update:
look where price is heading after your possible entry at point A
(you need to jump to lower frames to see how the bars on 4H charts are formed. it is valuable)
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 96 KB
  • #79,804
  • May 18, 2017 3:31am May 18, 2017 3:31am
Quoting Ah-Ong
Hi all, I am wondering did I enter the wrong trade ?? APB break PAC {image}

Hi,

when you enter this trade early today, your initial SL is the recent swing high and is 220 pips away.
you lot size would be much smaller if you use %Risk of your trading capital.
if you trade with fix lots and do not consider the use of %Risk and position Sizing, you should know how much your total loss $$$ would be should the market corrects and retraces after that big bar/candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,805
  • May 18, 2017 3:42am May 18, 2017 3:42am
Quoting emmanuel7788
{quote} Hi, when you enter this trade early today, your initial SL is the recent swing high and is 220 pips away. you lot size would be much smaller if you use %Risk of your trading capital. if you trade with fix lots and do not consider the use of %Risk and position Sizing, you should know how much your total loss $$$ would be should the market corrects and retraces after that big bar/candle.
Hi,

According to APB break PAC, the rule is correct, right??
But consider yesterday candle, should it consider WRB ??
If yes, we shouldn't enter the trade, right ??
  • #79,806
  • May 18, 2017 3:58am May 18, 2017 3:58am
Quoting emmanuel7788
{quote} Instead of placing one single entry , I place 5 entries using smaller lots size this way I can post 5 times more pips in profits or it can be worst if the market goes against my buy positions, I have 5 times drawdownn in the same number of pips. {image}
Please, which moving averages are used in creating the PAC
  • #79,807
  • May 18, 2017 4:01am May 18, 2017 4:01am
Quoting emmanuel7788
{quote} technically good sell. US Markets suffered yesterday. Opportunity to make money in the chaos. Beware of profit taking for short term traders.

Morning Emmanuel ( Or afternoon for you?)

Thanks for this advice, it helped me make the desicion to widen my stops as I had been looking into after I got stopped out -37.5 pips yesterday on one of my trades that then went +50.

I did enter for a second time on EURJPY last night after I was watching the 5 min chart and saw a small pullback on the downtrend, it was -35 pips, maybe more, at one point overnight but woke up to it being positive as per my below screenshot.

It seems to be very choppy so cotinuously seeing -220/+150 within a 30 min period so widening stops was a solid idea. I feel that you can afford to have large SL's when you are going with the daily trend
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY pl.PNG Size: 12 KB
  • #79,808
  • Edited 4:23am May 18, 2017 4:03am | Edited 4:23am
Quoting Seshwaan
{quote} Morning Emmanuel ( Or afternoon for you?) Thanks for this advice, it helped me make the desicion to widen my stops as I had been looking into after I got stopped out -37.5 pips yesterday on one of my trades that then went +50. I did enter for a second time on EURJPY last night after I was watching the 5 min chart and saw a small pullback on the downtrend, it was -35 pips, maybe more, at one point overnight but woke up to it being positive as per my below screenshot. It seems to be very choppy so cotinuously seeing -220/+150 within a 30 min...
See what I mean with it being choppy? Literally 5 mins after I took that screenshot we now have -

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY pl 5 mins later.PNG Size: 16 KB


Sorry to spam thread, this is the last one for a while.... but this looks so good...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY pl 10 mins later.PNG Size: 17 KB
  • #79,809
  • May 18, 2017 4:08am May 18, 2017 4:08am
Quoting Seshwaan
{quote} See what I mean with it being choppy? Literally 5 mins after I took that screenshot we now have - {image}
Don't sweat it.
It's in fear when people show what they truly value.
  • #79,810
  • May 18, 2017 4:26am May 18, 2017 4:26am
Quoting nanacarter
{quote} Please, which moving averages are used in creating the PAC

Go back to where Big E started as a newbie in 2008, use the PAC with 5 period Smoothed Ma set to High/Low

This old posts:
Price Action Channel
Synergy PAC Post#21,284
Comparing Big E’ 5-Method use of the 5EMA, Typical Price< Shift+3 with the Synergy model PAC and Synergy_Pro model PAC: Post# 54,118
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,811
  • May 18, 2017 4:27am May 18, 2017 4:27am
Quoting nanacarter
{quote} Please, which moving averages are used in creating the PAC
Hi, nanacarter.

PAC is channel formed by two moving average.
Attached Image (click to enlarge)
Click to Enlarge Name: PAC.png Size: 155 KB


Sorry for words in Russian, but I think it's still clear?!

Edit: pay attention to the post above. These you will find much more information about PAC.
There is no reason to trade if there is no reason to trade.
  • #79,812
  • May 18, 2017 4:36am May 18, 2017 4:36am
Quoting ensale
{quote} Don't sweat it.

Yeah my bad... thanks.
  • #79,813
  • May 18, 2017 4:42am May 18, 2017 4:42am
Quoting Ah-Ong
{quote} Hi, According to APB break PAC, the rule is correct, right?? But consider yesterday candle, should it consider WRB ?? If yes, we shouldn't enter the trade, right ??

Yes, yesterday's D1 bar is huge and is s WRB but if you had notice today open first hour made lower than yesterday's low before it retraced. Therefore today bar cannot be Inside Bar once we see the new D1 open and went lower. Without a potential D1 Inside Bar, we do not expect a consolidation straight away and therefore must make the trading decision what to trade.

The risk I have mentioned in the post above and this is something the trader must consider.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,814
  • May 18, 2017 4:57am May 18, 2017 4:57am
In less than a day I took four trade respecting perfectly the method and I don't havethat loss, I start to question me really.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.png.jpg Size: 669 KB
  • #79,815
  • May 18, 2017 5:03am May 18, 2017 5:03am
Hello

PAC
5 SMMA High shift 1
5 SMMA Low shift 1
same
9 EMA High shift 1
9 EMA Low shift 1

How can I adjust my MA to be the same as synergy_Pro_APB PAC?
Which PAC is better?
thanks
Do not understand English, forgive me with google translation
  • #79,816
  • May 18, 2017 5:08am May 18, 2017 5:08am
Quoting emmanuel7788
{quote} Yes, yesterday's D1 bar is huge and is s WRB but if you had notice today open first hour made lower than yesterday's low before it retraced. Therefore today bar cannot be Inside Bar once we see the new D1 open and went lower. Without a potential D1 Inside Bar, we do not expect a consolidation straight away and therefore must make the trading decision what to trade. The risk I have mentioned in the post above and this is something the trader must consider.
Thanks for the info
  • #79,817
  • May 18, 2017 5:11am May 18, 2017 5:11am
Quoting s854110
Hello PAC 5 SMMA High shift 1 5 SMMA Low shift 1 same 9 EMA High shift 1 9 EMA Low shift 1 How can I adjust my MA to be the same as synergy_Pro_APB PAC? Which PAC is better? thanks

1) No need to use shift in both cases.

2) Use PAC 5SMMA and follow its own set of rules.

3) If you use another PAC with 9EMA, then the the rules are different.

Just pick one PAC , be clear about the rules for setup, entry and exit.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,818
  • May 18, 2017 5:47am May 18, 2017 5:47am
Quoting emmanuel7788
{quote} Hi D, Thanks for comforting words and understanding. Losing is an integral part in investing and trading. As Dr Van Tharp has taught many super traders, every trading system has its inherent drawdown. No system can trade all market types and conditions. I learn to accept losses and will continue to accept some losses. I don't expect 70% to 80% win rates. regards,
Hey mate...
Just popped in to say hi...Good to see you still here and still giving 110%+ to this TMS thread.. ...

Bugger about your USDJPY trades.. but hey you know how it goes... we take it in our stride ...
Now back from UK, not using TDI any more, strip my chart down to naked chart, still intend to use my MEME EA later this year just proving my direction bias ability at moment.

Take care
DownUnder
By failing to prepare, you are preparing to fail - Benjamin Franklin
  • #79,819
  • May 18, 2017 6:01am May 18, 2017 6:01am
Quoting Pamago
Entry in 4H, good angle of the TDI, in time frame D pinbar candle. {image}
Hi mate , can i know what is the name of indicator that you are using . i am pointing the one the right side of the chart .Thanks , happy trading
You attract what you think in any area of life, relationships and trading!
  • #79,820
  • May 18, 2017 6:55am May 18, 2017 6:55am
Quoting Downunder
{quote} Hey mate... Just popped in to say hi...Good to see you still here and still giving 110%+ to this TMS thread.. ... Bugger about your USDJPY trades.. but hey you know how it goes... we take it in our stride ... Now back from UK, not using TDI any more, strip my chart down to naked chart, still intend to use my MEME EA later this year just proving my direction bias ability at moment. Take care DownUnder

Hi,

Welcome back home.

Trading naked without the TDI is progress. I LIKE.

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