Two more nice 50 pip trades on EJ H1. Took the LO trade following a pullback candle reversal formation. Entry was on a break above the (inside bar) setup candle with TDI confirmation. I monitored the trade for about 15 minutes until price moved 21 ...

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Pulled the trigger on a nice Asian session move down following a double top (just below the Friday high of the day). Daily, H4 & H1 all in a downtrend. TDI confirmation with green crossing red. An easy 50 pips....off to bed. image

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The LONDON SESSION high or low is often set within the first couple of hours of the London session (not necessarily the daily high or low). I have studied this in depth on the Euro pairs but it also can apply to other pairs. When the high or low are ...

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Picked up another quick 50 pips this evening.....done for the week.

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Cigarguy, My SL and TP are 1 to 1 ratio (ie. 50 pip EMERGENCY SL & 50 pip TP) and then adjusted as the trade progresses. Indicators draw yesterdays high & low, the most recent 4 hour high and low, last weeks and last months high and low. The ...

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You are on the right track. When the market has been ranging or I am unsure how far a reversal may go, I wait for price to break below (or above) the first new color candle just to verify there is some momentum in the selected direction. If there is ...

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Here is how my charts are set up. I have the M15, H1 & H4 open but when I trade the H1, all entries and exits are based on what I see on the H1 chart. The M15 just gives me a heads up on changes that may be coming but I seldom exit based on what I ...

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First trade of the new year..... EJ H1. This trade was not taken entirely by TMS rules. Because price has been ranging during the holidays, I waited for price to break below the low of the London Open candle before entering. I entered a little more ...

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Thank you....but it really isn't amazing.....anyone can do it with lots of practice, discipline and trade management application. As you may have read in the PDF's, my best trades are when I look for the first couple of hours of London to set a high ...

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Have been very busy with my business, trading and family but for those interested, here are my trades for this week, so far. All the trades are pretty much self explanatory. Triangles indicate pullback candle reversal formations and straight white ...

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fxFox, You need to learn to trust the TDI when it matches with price action. It doesn't get much better than that....entry on 2nd red candle at LO with a cross of green over red and the MBL.....moving out of the overbought area. When all those ...

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As I have taken this journey learning to trade the Forex market, I have spent hundreds of hours back testing, live testing, reading trading methods, taking webinars, studying charts, learning price action, learning candle patterns, trying indicators ...

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That trade was entered at 137.614, about 7 pips after the open of the 3rd blue candle. At the OPEN of that candle, the TDI green crossed over the red and the gray MBL. The Traders Dynamic Index that I use was downloaded from the Compass FX several ...

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Typically, during holiday weeks, market momentum slows and the market ranges. I entered the first trade of the week on a typical LO trade, expecting price to reach the 50 TP, since the TDI was moving out of the overbought area. It took price over ...

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EJ trades last week. H1....lots of sideways movement at the beginning of the week....mostly scalp trading with entries on M15 crosses......did manage a couple of nice trades later in the week. H4....just one trade on H4....still using 1/2 lots as I ...

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fxFox, Someone put together 3 pdf files of my posts and charts. Most of the answers to your questions can be found in those pdf's. You can find and download them here: url . No two trader will trade the market the same way because every trader ...

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Hey tenmile, Good to hear from you. The gold lines are last months high and low and the purple lines are last weeks high and low....nothing more than reference lines and possible resistance areas. As far as staying in the short trade, I had gone to ...

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fxFox, I am not sure why you would take a short trade where you have your 1st yellow arrow....the trend is still going up (which way is the TDI red TS line pointing? up or down?) and price has been moving up since setting the low of the London ...

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I realize that this week was not a typical week to test the H4 time frame but I have been studying the information in this thread about trading H4 and tested some of what I learned, along with my trading plan. I did not use full lots for this ...

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I traded the EJ only this week. Below is my H1 chart for the week. The first couple of trades were posted earlier in the week. Tuesday NY session made a good move with the help of news. At the open of the Tuesday Asian session, there was a nice ...

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