Thread: Trading Made Simple

Originally Posted by ;

quote It's a industrial indior that has been issued by the seller and it won't work if I place it here. They customize it to the buyer.

Can you please provide a link to the supplier? I'd love to receive my hands

NZDUSD Feb 06 D1 chart,

decision to sell, when? LTF.

Originally Posted by ;

NZDUSD Feb 06 D1 chart, decision to market, when? LTF. picture

I am not expert on TDI, but that parting between the red and green looks intense. I believe pull is in order. Perhaps after RBA rate decision?

Originally Posted by ;

I think I said this one before on here. Start looking for Divergence to occur 3 5 endings. Here is the NQ chart (but it could easily be your favourite FX chart); picture Take your fibs for waves 0-3, extend them off of end of wave 4. Here wave 5 is exactly 38.2% of waves 0-3, to the pip and PD forms between wave 35 ends.

Due CG.
I like the usage of divergence between the price action and the indior being used.

Originally Posted by ;

Not certain how your TMS indies would couple as much as an EW egy? Again, I think entries will be postponed. Dow before; image Current; image Recall from preceding; if the 3rd tide is lengthy, start looking for the 4th tide to retrace 23.6 percent of the 3rd. Now we want Divergence to form. The larger picture shows the first set reacting in the 38.2% retracement level, so we take these fibs and extend them from the start of the next set. All of these are clues as to what to expect next; image Understanding how to read fibs properly, can place you on your way. If you...

Hello CG,

utilizing something similar to Fib retracement tool on the price above to have additional confidence is a good egy.
Others might utilize another indior in their sub-window to give them that extra confidence.
Most important would be to adhere to a consistent egy over a longer time trading and find out what works and should that become one's edge in trading.

Originally Posted by ;

quote I am not proficient on TDI, however that separation between the green and red seems intense. I believe pull is in order. Perhaps after RBA rate decision?

Yes, comparing the RSI of those two phases 2 and 7 utilized , the green reddish split is big.
That may be seen when we look at the price bars near price over.

RBZ Kiwi rate is on Thursday Feb 8 however today it may have impact when RBA announces its AUD rate.
Kiwi made its big move last week before the week rate announcement and broke the ' Weekly 'support'.

EURJPY Feb 05 trade closed.

Using Trailing Stop Loss TSL to manage my trades sometimes lead to premature exit with quite small profits and miss the big moves.
But anyway, it happened throughout the NY session my bedtime and if I wasn't looking at my charts and that happens a lot.

Originally Posted by ;

EURJPY Feb 05 trade closed. Using Trailing Stop Loss TSL to handle my transactions sometimes lead to exit with profits and overlook the big movements. But it happened my bedtime and if I was not looking at my charts and that happens a lot. image

Your not alone, I moved short EA yesterday pre-FO and later on I was 25 pips then pa pulled and I shut it on BE then the trade picked afterwards

Originally Posted by ;

quote Your not alone, I went brief EA yesterday pre-FO and afterwards I had been 25 pips then pa pulled and I closed it on BE then the commerce picked later

EURAUD appears like moving higher now... therefore we take long trades today.

USDJPY Feb 06 H4 commerce closed 35pips exit by TSL.

Bounce from BRN 108.50 and previous 'support' .