- Search Crypto Craft
-
Phx62 replied Aug 9, 2013Yes.....trading is boring and if it is not, your doing something wrong.....No genius here....I've just learned to watch for and take the entry and exit signals that present themselves.....by your posts you seem to be doing quite well ...
Trading Made Simple
-
Phx62 replied Aug 9, 2013Sorry....I looked at the wrong trade....as always we can look at the lows and tests of those lows but unless we get a reversal candle or TDI cross back up, there would be no entry signal....in this case, there was no entry signal to go long. On the ...
Trading Made Simple
-
Phx62 replied Aug 9, 2013One EJ H1 trade today....I had to close it manually since I am headed to work and because price pulled back from yesterday's London session low that has already been tested and failed twice before.....price did not quite reach my 100 pip ...
Trading Made Simple
-
Phx62 replied Aug 9, 2013Yes......I actually took that trade.....see post 22,896.
Trading Made Simple
-
Phx62 replied Aug 8, 2013As I explained earlier.....this trade was "a countertrend trade entered based on a triple bottom at the London session low (solid white line) and a break above yesterday's low.....entered before TDI confirmation on the H1 but the TDI had crossed on ...
Trading Made Simple
-
Phx62 replied Aug 8, 2013A second EJ H1 trade completed today.....a countertrend trade entered based on a triple bottom at the London session low (solid white line) and a break above yesterday's low.....entered before TDI confirmation on the H1 but the TDI had crossed on ...
Trading Made Simple
-
Phx62 replied Aug 8, 2013Yes...that is a valid set up....aggressive entry would be at the open of the 2nd green candle, where you have you arrow....conservative entry would be on a break above the 1st green candle......the only concern would be that the TDI is entering the ...
Trading Made Simple
-
Phx62 replied Aug 8, 2013Those are pretty broad questions.......what news?...London session news?....New York session news?....Asian session news?......High impact news?......Medium or Low impact news? Perhaps you should read some of the information in this thread......the ...
Trading Made Simple
-
Phx62 replied Aug 8, 2013Nice trades Lastingwell......I took the same trade as your second trade. I also took an AU trade during the Asian session on a bounce of green off yellow and just crossing the red.......with a break above the 1st blue candle...... image image
Trading Made Simple
-
Phx62 replied Aug 7, 2013Two EJ H1 trades and one GU H1 trade today. The first four trades on the EJ chart have already been posted but I included them here to show that trend lines can also be resistance lines. Trades one and two were confirmed by bounces off the purple ...
Trading Made Simple
-
Phx62 replied Aug 6, 2013Two EJ H1 trades today.....one during the Asian session.....set TP to +40 instead of +50 because I did not know if the trend line would hold or not.......price did move the +50 pips but +40 meets my goal for the day. The second trade, taken ...
Trading Made Simple
-
Phx62 replied Aug 6, 2013You can find the H4 indicator I use here: url Edit I just tried the link.....it did not work for me. The name of the indicator is the H4_hi_low_middle and it can be found on the thread named Another simple system-Time-Frame-15 started by ...
Trading Made Simple
-
Phx62 replied Aug 5, 2013I use the Month, Week, Daily and H4 highs and lows as S/R lines in my trading. As with all S/R lines, sometimes they hold and sometimes they don't. The H4 lines make good targets for scalping trades and on the M15 charts, price will usually test the ...
Trading Made Simple
-
Phx62 replied Aug 5, 2013I also took the GU H1 trade.....a continuation trade.....all time frames in an uptrend.......entry on a break above the Frankfurt candle.....already in profit +40 pips BEFORE GU news announcement with SL moved to BE, so a no risk trade......reached ...
Trading Made Simple
-
Phx62 replied Aug 4, 2013Nice start to the week.....AU has been in a downtrend to the past 6 days.....nice TDI short entry following a pullback bar formation......entry on the open of the second red candle.......news helped me reach my TP.....price had already moved more ...
Trading Made Simple
-
Phx62 replied Aug 3, 2013I learned to trade by focusing on only one pair (EU) for almost 2 years.....I tried to learn everything I could about how the pair moved, what caused changes in that movement, times to trade and times to stay out of the market....back tested and ...
Trading Made Simple
-
Phx62 replied Aug 3, 2013The Scorps is right.....take some time and study the market.....it ALWAYS moves in waves just like the picture that Emannuel has posted several times on this thread. Also study how Big E viewed the market. He only expected the market to move 3 to 8 ...
Trading Made Simple
-
Phx62 replied Aug 3, 2013As I have stated before, I make my decisions on which of the 4 target pairs to trade on ADR, trends, nearby S/R and pending news announcements. Yesterday I chose the GU to trade because.....a) this time of year many of the market makers are on ...
Trading Made Simple
-
Phx62 replied Aug 2, 2013Your correct...my error....fixed it in the original post.....thanks.
Trading Made Simple